Taking days to calculate the salaries of the employees is a thing of the past. The greytHR payroll software package allows you to do this task in minutes. Add 100% accuracy to it and you have a comprehensive package in your hands.
The Excel import facility ensures that you bring in more automation in the mix. This system allows for printing of pay slips, reports, and statements with great ease.
The powerful reconciliation tools and the audit reports allow for a proper review before releasing the payroll.
One of the most exciting aspects is that it takes care of the statutory compliance in a beautiful manner. The accuracy is the USP of this software solution.
The greytHR mobile app allows you to access the salary slips anytime.
In addition to the normal salary and the statutory compliance, it caters to loan deductions, payment of arrears and reimbursements as well.
Using this software, it is easy to prepare the Form 16 and look after the income tax compliance aspect.
This software also allows for easy calculation of the full and final settlements easily.
Providing full accountability, this software solution exudes tremendous confidence in the employees and employers alike.
Pricing of GreytHR
Click here to get detailed pricing as per your requirements.
|Core HR & Payroll|
|Statutory Compliance (India)|
|Employee Self Service|
|REST API Access|
|SAP Business-By-Design Connector|
Key Features of GreytHR
Who uses GreytHR
greytHR is the preferred HR & payroll software for Indian businesses. It vastly reduces and simplifies work while delivering accurate and super-fast results. greytHR automates key areas of HR, payroll management, leave and attendance tracking. With more than 5,000+ highly satisfied customers and managing above 7 lakh employee records daily, we understand what it takes to deliver a high-quality software service on a 24 x 7 basis.
- HR Management
- Payroll Management including Reimbursements, Loans, F&F, Arrears, etc..
- Leave Management
- Attendance Management
- Expense Management
- Statutory Compliances including PF, ESI, IT (TDS) and Labor laws
- Employee Self Service
- Mobile apps for Employee Portal
- Employee Asset Management
- Employee Document Management
- 120+ built in reports
Since 1994, Greytip Software is specialist in HR & Payroll software. With a customer base of over 5000+ customers, it touches the lives of more than 750000+ employees. Headquartered in Bangalore, Greytip significant presence in India’s Megacities, Mumbai, Chennai, Hyderabad, Delhi NCR, Pune and also has the presence in UAE.
What according to you are the major pillars on which Greytip stands upon?
Ans: Greytip Software, as a company, stands upon these following values as its pillars:
- High Customer Focus
- Continuous improvement
- Unparalleled domain expertise
greytHR, our product, stands upon the following features as its pillars:
- Relevant and very useful Features
- 100 % statutory compliance
- Timely and highly responsive Support
- Continuous enhancements based on changing needs and our learnings from working with a large number of clients always
How did you hit upon the idea for your company?
Ans: In 1994, Sayeed Anjum and I set out on our own just after we completed our engineering studies. We wrote a bulletin board software and got our first order from Unilever.
There was no looking back from there. We moved to Bangalore by 1998 and founded a 15-member company that was into ERP programs. By 1999, we had launched our first payroll module and had about 40 clients, who used it for their basic payroll software needs.
That was the seed sown for what you know as greytHR today.
How do you differentiate yourself from your competitors?
Ans: We work in multiple areas to create an offering that is superior to what others can offer.
One of the core areas where we work in is the product. Creating a complex business software that can cater to 50-100 customers calls for a certain skill set. But engineering a single product that can scale to 5000-10000 customers calls for a very different mindset in terms of how the software is developed. We bring a very superior product engineering mindset which today has enabled us to create a product that is robust, highly reliable and has consistently proven to scale across a large number of customers.
Secondly, a very big differentiator is our model of consistently enhancing the product with newer and more relevant features. We continuously enhance the software based on the inputs that we receive from our clients. This ensures that our users benefit from the shared experience of other users, are able to continually improve their process and also cut down the time and effort that they need to put in their operations. The sheer size of our clients, their inputs and our efforts to incorporate enhancements are something that our clients would not be able to get from other vendors in the market.
We are very big on Customer Success. We work hard to ensure that the application will be well utilized and will serve the needs of our clients. We have built a very responsive support team that can provide timely and relevant customer support for our clients. This ensures high usability and enables our clients to acquire full value from the software.
We do not bind our clients with annual contracts or pre-paid models. Clients do not need to make any significant payments. A client can stop using the software at any point in time with no commitments or liabilities.We challenge ourselves to be relevant and useful to our clients to ensure their retention. This results in our clients getting a very superior experience when they use Greytip.
How have sales evolved since you first got into the business? What hasn’t changed?
Ans: Sales have evolved significantly in many areas and have also remained same in many others.
When we started, the Internet was not a significant source of information. Offline events, Word of mouth referrals and vendors doing an outbound call was the primary means of collecting information or building awareness for us vendors.
This has evolved since then. Today, clients have extensive access to information. The internet has democratized the access. Most clients do a preliminary check and information gathering before reaching out or inviting vendors and engaging with them. Information sites like Software Suggest also play a significant role in making this information available.
What has not changed is the process where clients requirement of talking to or meeting vendors and then moving forward on the engagement. Additionally, the importance of word of mouth/client referrals as a major source of confidence building on the vendor has also not changed. This plays an as important role in the Sales process as it did earlier. In our case, the 100+ testimonials or the fact that a large part of our sales source being word of mouth referrals is proof of this fact.
Would you rather be respected or feared?
Ans: We would rather be respected and not feared. Respect lasts long and has a much better legacy than fear. Fear is temporary; its fleeting nature is known from how soon it dies when its source is no more alive or active!
Think of something you’ve done in the past; what would you have done differently?
Ans: We have had our fair share of mistakes and missteps.
In hindsight, if I would do something different, it would be in the area of Focus.
As a small organization, in our early days, I felt that we took up a large problem and believed that we could help our customers solve all parts of it. This was a big challenge and maybe we were not adequately resourced to solve it. We took up the entire gamut of HR functions in an organization and wrote software to bring efficiencies in multiple areas.
This really helped us gain our first set of customers, but we found it very difficult to scale as each sub-module required significant investments and attention to make them world class. I guess we could not make it happen.
But we did realize this and made changes to our strategy and product lines. I believe this change really helped us scale to 5000+ clients today.
How do you approach a decision where people disagree with you?
Ans: Have you heard about A/B Testing? It’s a method of comparing two versions of a webpage or app against each other to determine which one performs better. A/B testing is essentially an experiment where two or more variants of a page are shown to users at random, and statistical analysis is used to determine which variation performs better for a given conversion goal.
Similarly, I strongly evaluate what the other person (could be an employee, vendor, partner, client, investor, etc.) says and why is he/she saying so. If there is empirical data or evidence-based arguments, then we both tend to tilt towards its favorable and logical conclusion. If based on hunches and gut feelings or instincts, we try out A/B testing of both our decisions and see what works best.
In the end, it’s never about who gets the credit but about what’s best for the product, client and the company.
What do you expect to see over the next 5 to 10 years in the industry?
Ans: Over the next five to 10 years, the HRMS industry will have completely moved to the cloud. Most of the current cloud-based software will have incorporated AI into their solution offerings.
From an SME POV, most SMEs and MSMEs would’ve adopted cloud-based HR & payroll software and on-premises software would be on the decline. Spreadsheets, as an option to calculate payroll and perform HR reporting tasks, would be unheard of and extremely rare.
Data-driven recommendations will be commonplace for hiring, learning, retention and even leadership development. Your HR software will ‘recommend’ people, experts, programs and management changes, rather than just give you lots of reports to run.
More social engagement
In the coming years, we’ll look to an HRMS to be a go-to tool for social engagement, integrating HR tasks into an employee’s daily activities instead of being a one-off activity, like logging in to view a paycheck. Your HR teams will need to be ready to support this changing way of thinking about the HR Management System.
Mobile first’ is becoming a common expectation in most areas such as sales, marketing, and retail, where more efforts are placed into creating mobile apps than into traditional computing technology. This trend is already occurring in the HRMS space. Five years from now, mobile first will be the norm. You have to start thinking now about how HR will deliver services and information to employees (mostly comprising millennials) over smart devices.In fact, the Pew Research Center’s Internet Project recently highlighted that that ‘by 2020, most people, who use the Internet, will work primarily through cyberspace-based applications on remote servers accessed through networked devices’. Indeed, much to the chagrin of work-life balance proponents, there will be a constant connection and fewer separation points between employees’ personal and work lives. Is this a good thing? Maybe yes, maybe no. But mobile cloud computing’s front-and-center place in the future is an inescapable truth.
Integration of multiple kinds of data
Integration of real-time data, location data and other sensor data into HR programs, such as engagement and scheduling will be a reality… Look at the success of wearables for exercise management; this type of real-time data collection will come to HR.
What are your experiences with highs and lows at Greytip?
Ans: I started this company right out of college. In fact, Sayeed my co-founder did his Final semester project in our company. So Greytip has always been the only place where I have worked and its journey and my journey has in fact tied closely.
As with many members of our tribe, the number of lows far outstrip the highs. But each success gives me a lot of energy and motivation to persevere and helps me overcome the disappointment of things that do not work out for me.
I have come to terms with the fact that there will be a significant number of lows and that is part of the journey. I constantly look forward to the highs. This really helps me deal with disappointments and I can come back to again pursuing what I want to achieve.
Lastly, we would be glad to have your valuable suggestion for the new-age entrepreneurs coming up in the industry today.
Ans: A few suggestions that I would like to share are:
Entrepreneurship looks cool from the outside, but being a successful entrepreneur is a very tough job. It calls for the significant investment of personal time, attention, and effort.
To be really successful in terms of creating something of value takes time.
Raising funding is not a sign of success. Creating steady revenue streams that outstrip the expenses required to do this and paying back investors (yourself or others) a high rate of return should also be a primary goal that we should be shooting for.
Patience and Perseverance are key traits that are needed to be really successful.
Finally, success does not depend on your effort alone all the time. It depends a lot on your effort and also on the environment & ecosystem where you operate and the timing.
User Reviews (32) Ask a question
This seems to be amazingly user-friendly software which I can tell from experience since my firm uses it for HR purposes and it works well with satisfactory results.
Payroll is quite stressful especially when there is time frame for delivery. GreytHR helped me in reducing the tension and stress! I am rating this because I love it! Sharing is caring for others. If others are benefited one day it will benefit us which is the law of nature.
The best Hr payroll provider in India. I have been using greytHr for past 4 years. Absolute ly no worries about payroll accounting. They have continuously improved over the years. Great team.
Greytip is awesome software. As its features like payroll, leave manage, attendance and employee data can be managed effectively.
I have been using this for the past 2 years. I am an Human resource manager. Well according to me every company should use this software. It can manage a employee strength of more than 10000. Perfect reporting and easy to handle reports. Leave management is now days very easy. Thanks to greytHR
We are using Greytip from last 2 years and are very happy with the kind of support received from the team. For us, Greytip is more than as software as it made our Payroll process simple and always received on time support from the team. Keep it up
We are using GreytHR Payroll software in our Organization for the past 1.5 years. We are very happy with the Software – it provides the ease for operation and user friendly in implementation. The dedicated technical support team being available to attend to queries is worth complimenting.
I am satisfied with the payroll software with good support team as well.
This is futuristic software, way ahead of its competitors,. We strongly recommend this software to every company.
We pleased to inform you that we are fully satisfied by your service & even your implementation team co-ordination part is marked as best.We hope this service will be always best by your end.
We are using GreytHR since last 4 months and it’s helped us in managing Pay roll, payslips, etc.. for our employees. Our team is very much satisfied with their Quick and on time service and looking forward same kind of service in future as well.
The new interface of greytHR is very interesting and easy to use. We have been using greytHR for processing payroll for over a year and are satisfied. The service we get when we have queries is also very good. My tickets get resolved in no time.
We were able to integrate HR, timekeeping, and payroll in one streamlined process. I like the online features so staff can see their salary slip anywhere and anytime. Also having all the information in one place so staff can review information without needing to involve others. with greytHR its easy to upload my timesheets from Excel to GreyHr, which eliminates errors. Simplifies my life as this make the backoffice admin less hassle. Now payroll processing a fairly painless process. The entire interface is streamlined and simple. Essentially, if you can navigate a website you can navigate greytHR without hassle. The tabs are self explanatory - you can generate reports on anything from employee paycheck deductions to payroll tax payments.
Easy to upload less hassle great interface
Could be recommended if the user interface is good, we can surely look for the options to take this forward as one of the tools we are planning to implement.
Friendly and Accurate
I am an HR manager and handling more than 500 manpower. While handling the employee database, the software is of utmost utility. Its set of integrated modules helps me and my team to get a better clutch over the database. Furthermore, the training provided by the company helped us to know the features better.
Prepare HR reports, release salary, issue PF and hire the best minds for your company with the help of this software. The viability of the software reaches the peak as it has mobile and customer support.
The app needs to be more viable.
The makers of this software needs applaud for making such competent software. HR is not an easy field but the software has made it. Being an HR, I can easily comprehend the fact that there is no scope for error while calculation the salary and this software come with 100% assurance in this.
After 6 month usage only, I must say my job as an HR Administrator was never easy before. The software has helped me in various ways including effortless performance tracking, austere report preparing, and error-free salary calculation.
The app hangs at times.
If you are looking for payroll & Compliance. I love the how it works. especially with Admin Rights. No need some on to teach you. Very simple, Very Easy to operate.
greytHR is one of the best payroll softwares in the market that provides excellent performance levels for any business organization as such. It has helped me monitor my business performance levels with the utmost diligence and keeps me informed with perfect and most accurate data updation. I personally recommend using this software for the best efficacy it stands to deliver.
Payroll module training was very clear and good. audio and video with relevant screenshots was very understandable and even the tool looks like self explanatory.
I must say that you have made an excellent product. GreytHR is helping us to be more organized, eliminate errors and reduce man power.
We have been using Greytip for the last one and half years and very much satisfied with excellent customer support provided. Greytip is always there to answer whenever we are in need of their assistance to resolve our queries. Greytip online markedly reduces the time for payroll processing and IT calculations . Your team's support is quite appreciable.
It is the best software i had used in my life , it is good and user friendly. It has good GUI for the users.We hope this service will be always best by your end. The support team of Greytip is also very prompt and helpful in solving queries.
This software is best as it solves many tasks in single time.
"? For business needs this software does all the things in an efficient manner. ? It will help in the completion of tasks like managing employees’ records, other HR functions and payroll management. ? It helps in a number of tasks like salary calculation
Those who are accustomed to their previous payroll software may find it a little challenging to comprehend.
In totality, it is good software and will ensure smooth workflow.
"? The reporting as well as calculation is accurate and thus it can be completely trusted. ? It is customizable and mobile support is also provided. ? The software was easily available and talking about the price front; as compared to the benefits the c
Praise-worthy only. The benefits are completely assured for the long run...
When we search for HR solutions, you would want something that would save your valuable time and money so that you focus on other important aspects. I can help you with something best (at least what I think)After using GreyHR for several months, I am sorted and my workload has reduced to ultimate minimum. This software has helped my company in many ways. It has offered me a comprehensive solution that I can understand every organization irrespective of the size needs it on long time basis. Data security, working tracking, payslip management and other such tasks can be fully-automated using his software.
For me, to work for the betterment of the company has always been my first approach. I have tried tons of solutions that have certainly given me great results. Recently, I tried GreytHR Software and so far I am pretty satisfied after using it. It is best for the HR team to come up with new solutions. I was able to create payslips, maintain track sheet and do other tasks in multi-ways and save a lot of my time and stress work. I am working in a company where I have the responsibility to take care of 3 lakh employee and trust me this software has made my job a lot simpler. You can use it from any location; it does not give you any kind of error and your data stays secured which you can use it anytime you want.
FAQs of GreytHR
Q. What are the main features of GreytHR?
The key features of GreytHR are as follows:
label Bonus, Loan & Advances Management
label Employee Self Service Management
label Expense Management
label Mobile Support
label Payroll Management
label Reimbursement Management
label Taxation Management
label Employee Data Base
label Leave Management
label Arrears Calculation
label Data Security
label PF/ESIS Calculation
label Appraisal Management
Q. How much do the GreytHR cost?
The GreytHR has 4 plans - BANTAM INRUSD 15 (Per Month),WELTER INRUSD 23 (Per Month),SUPER INRUSD 38 (Per Month),CRUISER INRUSD 76 (Per Month).
Free trial : Available.
Q. Who are the typical users of GreytHR?
GreytHR has the following typical customers: Startups, SMEs, Agencies.
Q. Which mobile platform does GreytHR support?
GreytHR supports the following devices: IOS, Android
Q. Which operating system does GreytHR support?
GreytHR support the following operation system : Web App
Q. What payment method does GreytHR support?
GreytHR support the following payment methods : SAAS.
Q. What is the deployment type?
GreytHR has deployment type : Web Base.