USD invoicing payroll. Statutory compliance. Audit-ready records. $149/mo EOR with first month free. No entity required.
Managing India payroll across multiple vendors, currencies, and compliance regimes drains time and creates audit risk. You need one system.
PF payroll here. ESI there. TDS somewhere else. Your GL gets fragmented. Finance team chases receipts. Reconciliation is a nightmare.
Payroll in rupees. Budget in dollars. FX rates shift monthly. Your accounting system can't reconcile what you budgeted vs what you paid. Surprises at close time.
Which liabilities are accrued? Which are payable? Which have been paid? Your vendor gives fragments. You spend hours building reconciliation sheets.
Auditor requests payroll registers. EPFO receipts. TDS certificates. Challans. You hunt through email. Vendors drag. Compliance risk rises.
New Labour Code changes. State-specific rules. Your vendor adapts late. You find out at tax time. No audit trail. CFO is accountable. You're exposed.
INR-based vendors convert at market +2-3%. Annual Indian payroll: 50 lakh rupees. That's 2-3% tax on top. Money that could have been yours.
Fixed USD cost per employee. No FX margin. No currency surprise. Your budget in dollars stays in dollars. Finance teams in San Francisco, London, Singapore all see clarity. No surprises at quarter-end.
Bangalore HQ. Our compliance team files directly with EPFO, ESIC, and state authorities. We know PF 12%, ESI 3.25%, Gratuity 4.81%, New Labour Code. This is core product, not bolted on.
Month 1 EOR fee ($149) is on us. Month 1 Managed Payroll ($49) is on us. This is risk reversal. You only pay if Versatile delivers on audit readiness and compliance.
Day 1 to Day 5 payroll live. No entity setup. No waiting. Your finance team has a hard deadline. We deliver on it. Documented SLA. No excuses.
Ever. Pure recurring. You're not locked in. This forces us to stay excellent. Finance teams want options. We give them options with zero switching cost.
Sagar Chainani, founder, staked personal reputation on India payroll excellence. When your CFO calls with a compliance question, they're talking to someone who built this, not a call center.
Versatile dashboard gives you real-time visibility into employer and employee statutory components, accrued vs payable vs paid tracking.
All visible in the Versatile dashboard. No spreadsheets. No hunting. Finance team gets clarity on what's owed, when it's due, and what's been paid.
Detailed register showing attendance, salary, deductions, net pay, arrears. Month-by-month. Employee-by-employee. Signed and sealed.
EPFO ECR filed on time. Receipts and acknowledgments. PF reconciliation across all employees. Zero gaps.
ESI contribution challans filed with the ESIC board. Proof of payment. Your liability is discharged.
Form 16 and TDS monthly certificates. Your auditor can cross-check with IT filings. Zero discrepancies.
Gratuity liability accrual. Year-on-year schedule. Reconciliation to balance sheet. Financial audit gets clarity.
Every transaction logged. Every compliance filing timestamped. Your auditor doesn't ask questions. They ask for specific reports, and we send them in 5 minutes.
At every step, the per-employee cost stays the same. Versatile's cost scales, not your cost per hire.
12% employer contribution. Employee contribution withholding. Monthly ECR filing. APAR compliance.
3.25% employer cost. Monthly challan filing. State-wise compliance. Employee coverage verification.
State-specific deduction. Monthly/quarterly filing. Andhra Pradesh, Punjab, Maharashtra, Karnataka, etc.
Form 16 issuance. Monthly certificates. IT filing reconciliation. 20-30% deduction at source.
2025-26 updates. Basic + DA calculation. Leave encashment rules. Workplace Code compliance.
4.81% accrual. Vesting rules. Calculation on termination. Balance sheet liability.
Attendance register. Payroll register. Leave register. All maintained and filed as per law.
EPFO annual returns. ESIC annual returns. TDS filing. State compliance reports. All submitted on time.
Medical claims. Leave management. Expense reimbursal. Benefits tracking and documentation.
USD invoicing. Clean GL mapping. Audit-ready records. One conversation away.
Schedule your demoYour invoice is in fixed USD (or GBP). Versatile invoices you for the EOR fee in USD. Statutory costs like PF and ESI are included. No FX exposure. No explaining foreign currency to your finance team. Clean GL mapping with a single invoice.
You get visibility into employer vs employee components: PF (12% employer, 12% employee), ESI (3.25% employer, 0.75% employee), PT (0-4.5% state-specific), TDS (20-30%), Gratuity (4.81%). Monthly accrued vs payable vs paid tracking. All in one dashboard.
Payroll registers, statutory filing proofs, EPFO receipts, ESIC challans, TDS certificates, gratuity calculations, and complete historical records. Documentation trail for every transaction. Audit-ready from day one.
Yes. We handle full migration: employee data upload, statutory re-registration with EPFO/ESIC, payroll continuation without gaps. Versatile manages all government filings. Zero compliance risk during transition.
Managed Payroll is $49/mo per employee (first month free). Includes payroll processing, statutory filing, tax compliance, and benefits administration. Perfect for teams that want us to handle everything.
EOR and Managed Payroll are built for growth. Per-employee cost stays at $149/mo (EOR) or $49/mo (Managed Payroll) whether you have 5 or 50 employees. Same compliance coverage, same audit readiness, same support.
Versatile is India-native. HQ in Bangalore. Our compliance team files directly with EPFO, ESIC, and state tax authorities. We know PF 12%, ESI 3.25%, gratuity 4.81%, New Labour Code 2025-26. This is core product, not bolted on.
Month 1 EOR fee ($149) is free. Month 1 Managed Payroll ($49) is free. This is risk reversal. You only pay if Versatile delivers. No setup fees, no exit fees, ever.
Book a demo with our finance team. We'll show you how USD invoicing, audit-ready records, and statutory compliance work in practice. No sales pitch. Just answers.
Book a demoOur excellent customer support team is ready to help.
This invite-only discussion is only for agency owners with 50-200 employees.