greytHR vs RazorpayX Payroll
Compared on ₹ pricing, GST/UPI fit, features, and pros & cons for Indian businesses.
RazorpayX Payroll has the lower starting cost — ₹1,000/month vs ₹1,495/month (normalized monthly).
RazorpayX Payroll scores higher on India-specific signals (3/4 vs 2/4).
Pricing
- Starter (up to 25 employees)₹1,495/month
- Essential Plan₹3,495/month
- Growth Plan₹5,495/month
- No free tier
- Standard Plan (₹100/employee/mo, min ₹1,000)₹1,000/month
- Enterprise Custom₹2,500/month
- No free tier
India fit
Features
- 25+ years of Indian statutory compliance depth
- Comprehensive PF, ESI, Gratuity, Bonus, and PT calculation
- Automated Form 16, Form 24Q, and electronic ECR filing exports
- Leave & attendance management with biometric sync
- Geo-mark mobile attendance for field workers
- Employee self-service portal (greytHR ESS)
- Audit-ready statutory compliance vault
- Fully automated salary disbursal directly into employee accounts
- Automated TDS, PF, ESI, and PT payments & challan generation
- Contractor and intern payments with TDS deduction (Section 194C/194J)
- Group health insurance integration for startups
- Slack/WhatsApp notifications for payslips
- Employee self-service tax declaration portal
- Sync with accounting software (Zoho Books, QuickBooks)
Pros & cons
Pros
- Most trusted payroll engine among Indian CAs, tax auditors, and payroll consultants
- Flawless handling of complex multi-state statutory rules (state-specific PT, LWF slabs)
- Affordable entry starter plan for small establishments (₹1,495/mo)
- Rock-solid payroll generation for companies with hundreds or thousands of workers
Cons
- UI aesthetics and workflow feels dated compared to Keka and RazorpayX
- Configuration menus can be overwhelming with hundreds of legacy settings
- Mobile app user experience has room for visual polish
Pros
- Unrivaled 1-click execution: calculates and physically executes tax challan payments and bank deposits automatically
- Affordable entry barrier for small startups (₹100 per employee/month)
- Seamlessly handles both full-time employees and freelance contractors
- Clean, minimalist UI designed specifically for fast-growing technology startups
Cons
- Lacks advanced enterprise HRMS features like complex shift rostering and recruitment pipelines
- Requires RazorpayX current account setup for the full automated disbursal power
- Less suited for heavy manufacturing plants with complex overtime calculation rules
Detailed Strengths & Limitations Analysis
- Most trusted payroll engine among Indian CAs, tax auditors, and payroll consultants
- Flawless handling of complex multi-state statutory rules (state-specific PT, LWF slabs)
- Affordable entry starter plan for small establishments (₹1,495/mo)
- Rock-solid payroll generation for companies with hundreds or thousands of workers
- UI aesthetics and workflow feels dated compared to Keka and RazorpayX
- Configuration menus can be overwhelming with hundreds of legacy settings
- Mobile app user experience has room for visual polish
- Unrivaled 1-click execution: calculates and physically executes tax challan payments and bank deposits automatically
- Affordable entry barrier for small startups (₹100 per employee/month)
- Seamlessly handles both full-time employees and freelance contractors
- Clean, minimalist UI designed specifically for fast-growing technology startups
- Lacks advanced enterprise HRMS features like complex shift rostering and recruitment pipelines
- Requires RazorpayX current account setup for the full automated disbursal power
- Less suited for heavy manufacturing plants with complex overtime calculation rules
Why people switch to greytHR
“significantly cheaper starter pricing and deeper confidence in statutory compliance accuracy across Tier-2/3 factories”
“richer standalone HRMS capabilities and dedicated field attendance without needing multiple ecosystem subscriptions”
Why people switch to RazorpayX Payroll
“much lower price for early startups (<30 employees) and fully automated TDS/PF challan filing without external CA dependency”
“modern zero-friction UI, 10-minute monthly payroll run, and native contractor TDS handling”
greytHR vs RazorpayX Payroll: Frequently Asked Questions
Real answers on pricing, compliance, and migration between greytHR and RazorpayX Payroll.
RazorpayX Payroll offers a more budget-conscious starting plan at ₹1,000/month normalized, compared to ₹1,495/month.