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greytHR vs factoHR — HR team using HRMS software in India

In-depth HRMS comparison · 2026

greytHR vs factoHR: an in-depth HRMS comparison

greytHR vs factoHR compared on pricing, modules, integrations, support, mobile apps and reviews — plus which suits your team. Get both quotes free.

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2 min

1. How many employees do you have?

1,250+

Enterprises guided

40+

HRMS vendors listed

5,00,000+

Employee lives impacted

3+ weeks

Saved in vendor selection

Quick answer

greytHR vs factoHR: greytHR publishes pricing (₹2,495/month for 50 employees, ₹45 per additional employee) and documents 8.5/12 HR modules; factoHR publishes pricing (₹0 forever) and documents 9.5/12. factoHR leads on 2 of 6 measurable factors. Pick greytHR for: Indian SMBs needing payroll + statutory compliance. Pick factoHR for: Very small teams (free up to 20).

greytHR (in the market since 1994) and factoHR (since 2016, Rajkot, India) are both used by Indian businesses for HR and payroll. greytHR states 33,000+ companies across 30+ countries; payroll for 3.5 million+ employees. factoHR states 4,000+ businesses.

Updated September 2026 · Reviewed by the App Advisor HR-tech desk · How we rate

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In-depth analysis

greytHR vs factoHR: the verdict

Price transparency

greytHR

Published

factoHR

Published

Module coverage

greytHR

8.5/12

factoHR

9.5/12

Market experience

greytHR

Since 1994

factoHR

Since 2016

Integrations listed

greytHR

0

factoHR

0

Mobile app rating

greytHR

4.6★

factoHR

Review-site rating

greytHR

factoHR

4.7★ (Capterra)

greytHR (in the market since 1994) and factoHR (since 2016, Rajkot, India) are both used by Indian businesses for HR and payroll. greytHR states 33,000+ companies across 30+ countries; payroll for 3.5 million+ employees. factoHR states 4,000+ businesses.

On pricing, greytHR publishes pricing (₹2,495/month for 50 employees, ₹45 per additional employee), while factoHR publishes pricing (₹0 forever). Free trials: greytHR — 7 days; factoHR — not published.

On functionality, greytHR documents 8.5 of 12 core HR modules and factoHR documents 9.5. Neither publishes a detailed integrations list — ask for one in the demo.

factoHR leads on 2 of 6 measurable factors. Pick greytHR for: Indian SMBs needing payroll + statutory compliance. Pick factoHR for: Very small teams (free up to 20).

Side-by-side
greytHR logogreytHR
factoHR logofactoHR
Company
CompanyGreytip SoftwareVersion Systems Pvt. Ltd.
In the market since1994 (32 yrs · catalogue)2016 (10 yrs)
HeadquartersBengaluru, IndiaRajkot, India
Customers (vendor-stated)33,000+ companies across 30+ countries; payroll for 3.5 million+ employees4,000+ businesses
Top clientsNot published
WiproSiemensMercedes-BenzTitan CompanyTata Steel BSL
source
Pricing
Pricing modelflat base (includes 50 employees) + per additional employee/monthper employee/month
Plans
  • Essential: ₹2,495/month for 50 employees, ₹45 per additional employeePayroll, leave, basic HR, ESS, AI assistant
  • Growth: ₹4,495/month for 50 employees, ₹85 per additional employeeAdds advanced attendance, shift management, confirmation workflow
  • Premium: CustomAll modules included
  • Free: ₹0 foreverUp to 20 employees; employee data, letters, payslips
  • Core: ₹4,999/month for 50 employees₹69 per additional employee; onboarding, attendance, leave, payroll, helpdesk, app
  • Premium: ₹5,999/month for 50 employees₹89 per additional employee; adds travel/expense, geo-fence
  • Ultimate: ₹6,999/month for 50 employees₹119 per additional employee; adds performance, surveys
  • Start-UP / Blue Collar: CustomOn request
Free planNoYes
Free trial7 daysNot published
Implementation feeNot publishedNot published
Ideal for
Best suited to
  • Indian SMBs needing payroll + statutory compliance
  • Companies wanting a fixed monthly base price
  • Multi-state payroll in India
  • Very small teams (free up to 20)
  • Field and blue-collar workforces
  • Growing SMBs wanting AI assistant
Features in depth
Core HR
Included

Employee lifecycle management (onboard to exit)

Included

HR management and onboarding

Payroll
Included

Statutory computation across 28 states, one-click payroll close, government portal filing

Included

Included from Core

Attendance
Included

Included; advanced attendance on Growth

Add-on

Included; geo-fence (Premium), selfie punch and face recognition add-ons

Leave
Included

Included in all plans

Included

Included from Core

Shift & roster
Included

Shift management on Growth plan

Not documented
Performance
Add-on

Add-on (₹35-₹45/user/month)

Included

Ultimate plan

Recruitment (ATS)
Add-on

Add-on (Recruit, ₹2,500/recruiter/month)

Add-on

Add-on

Employee self-service
Included

Included

Included

Mobile app with self-service

Expense & claims
Add-on

Add-on (₹35/user/month)

Included

Premium plan

Learning (LMS)
Not documented
Included

Offered (homepage)

Analytics & reports
Not documented
Included

Dashboard

AI features
Included

greytHR NAVOS agentic AI assistant (grant leave, pull reports, update records by typing)

Add-on

Fia AI assistant (add-on)

Compliance & security
Statutory complianceNot published
PFESICPTTDSLWFGratuity
Security certifications
ISO 27001SOC 2 Type IIGDPR ready
ISO 27001ISO 9001SOC 2 Type IIDPDPAES-256 encryption24/7 monitoring
System uptimeNo public SLANo public SLA
Support
ChannelsNot published
EmailPhone
HoursNot published9:00 AM-6:30 PM, Mon-Fri
OnboardingGo live in 2-4 weeks (vendor claim)Onboarding assistance offered
Integrations
Third-party integrationsNot publishedNot published
APIAPI available (vendor states 'native SSO and API')Not published
Apps & reviews
App availability
Customer reviews
App Advisor rating4.9/5 editorial4.4/5 editorial
Pros & cons
Strengths
  • Transparent published INR pricing with 50 employees in base
  • Large India install base (33,000+ companies claimed)
  • Holds ISO 27001 and SOC 2 Type II
  • Only vendor here with a free forever plan
  • No lock-in or cancellation fees
  • Reviewers praise payroll/attendance automation and ease of use
Limitations
  • Performance, recruitment, expense and timesheets are paid add-ons
  • Short 7-day trial
  • Limited customisation
  • Basic UI and some lag/bugs reported
  • Weekday-only support hours
Sources & methodology

Researched September 2026 from each vendor's website, Google Play / App Store and independent review sites. "Not published" means the vendor does not state it publicly — ask in your demo. Vendor-stated figures are shown as claims.

HRMS options showcase

Top platforms: greytHR vs factoHR

Ratings are App Advisor editorial scores (0–5) based on features, compliance depth, pricing transparency and India support — not paid placements.

greytHR logo

4.9/5

App Advisor rating

#1greytHR

Greytip Software · Bengaluru · 🇮🇳 Made in India

Best for Indian payroll compliance

PayrollAttendanceESSLeaveCompliance

Free plan available

Compare Features
factoHR logo

4.4/5

App Advisor rating

#2factoHR

factoHR (Version Systems) · Rajkot · 🇮🇳 Made in India

Top pick for field-force GPS attendance

AttendanceGeofencingPayrollESSShifts

Custom enterprise quote

Compare Features
Keka HR logo

4.7/5

App Advisor rating

#3Keka HR

Keka Technologies · Hyderabad · 🇮🇳 Made in India

Top pick for modern, growing teams

PayrollAttendancePerformanceATSESS

Starts at ₹6,999/mo

Compare Features
Darwinbox logo

4.5/5

App Advisor rating

Darwinbox

Darwinbox · Hyderabad · 🇮🇳 Made in India

Enterprise HCM at 1,000+ employee scale

Core HRPayrollPerformanceATSESS

Custom enterprise quote

Compare Features
Page 1 of 4

Industry-wise HRMS

HRMS built for your industry

Pick your vertical to see the top 3 recommended platforms and the compliance features that matter most.

HRMS software for Manufacturing & Plant Operations

Industry spotlight

Manufacturing & Plant Operations

  • Rotational shift roster & overtime (Factories Act s.59 double rate)
  • Biometric & face-recognition sync with payroll
  • Contract labour, PF/ESIC and state-wise PT/LWF
Full manufacturing HRMS guide
#1 for Manufacturing4.9
greytHR logo

greytHR

Free plan available

Best for Indian payroll compliance

Features
#2 for Manufacturing4.5
HRMantra logo

HRMantra

Custom enterprise quote

Deep shift, overtime & factory rules

Features
#3 for Manufacturing4.5
Pocket HRMS logo

Pocket HRMS

Custom enterprise quote

Face-recognition & mobile attendance

Features

Platforms trusted by 10,000+ businesses across India

greytHR logo
factoHR logo
Keka HR logo
Darwinbox logo
Zoho People logo
HROne logo
Pocket HRMS logo
Zing HR logo
Page 1 of 2

Official customer stories

What HR leaders say about these platforms

Quotes published by each vendor on its own customer page — linked to the source.

We are able to process Payroll in 3-4 hours with end-to-end compliance
factoHR logo

Urvashi Jain

HR, Akshay Credit Co-operative Society

Official source: factoHR client testimonials
Within HR operations alone, the company achieved a 20 to 30% productivity increase
Zoho People logo

Gaurav Bubber

HR Head, Esyasoft

Official source: Zoho People customer stories
Page 1 of 4

HRMS feature checklist

The decision drivers to verify in every demo

Ask each vendor to show — not just say — these. Tap a group to expand.

Statutory compliance (India)
  • PF & EPSECR file generation, UAN linking, VPF
  • ESICContribution period rules, IP number, challans
  • Professional TaxState-wise slabs (Maharashtra, Karnataka, WB, TN…)
  • Labour Welfare FundState-wise half-yearly / yearly deductions
  • TDS & Form 16Old vs new regime, investment proofs, 24Q
  • Gratuity & BonusPayment of Bonus Act, gratuity provisioning
Attendance mechanisms
  • Biometric synceSSL / ZKTeco / Matrix device API or push
  • Face recognitionLiveness check to stop photo spoofing
  • Geofencing & GPSRadius per site, live location for field staff
  • Selfie / QR / IP punchMobile selfie, QR at gate, office-IP restriction
  • WhatsApp punchPunch-in and leave requests over WhatsApp
  • Shift & overtimeRotational rosters, OT rules, comp-off
Integrations
  • AccountingTally, Zoho Books, QuickBooks journal export
  • ERPSAP, Oracle, Microsoft Dynamics connectors
  • CollaborationSlack & Microsoft Teams approvals
  • BankingSalary bank-file / direct payout (RazorpayX, ICICI…)
  • APIsREST APIs & webhooks for HRIS sync
  • SSOGoogle Workspace, Microsoft Entra ID

HRMS FAQs

Every HRMS question, answered

Which is cheaper, greytHR or factoHR?+

greytHR publishes pricing (₹2,495/month for 50 employees, ₹45 per additional employee). factoHR publishes pricing (₹0 forever). Final price depends on headcount and modules — App Advisor can get both quotes with any available discount.

Which is older, greytHR or factoHR?+

greytHR is older: greytHR started in 1994 and factoHR in 2016.

Do greytHR and factoHR have mobile apps?+

greytHR: Android available (4.6★), iOS not confirmed. factoHR: Android available, iOS not confirmed.

What is the uptime of greytHR and factoHR?+

greytHR: no public uptime SLA. factoHR: no public uptime SLA. Ask each vendor for the SLA in writing, with service credits.

Who is greytHR best for, and who is factoHR best for?+

greytHR: Indian SMBs needing payroll + statutory compliance; Companies wanting a fixed monthly base price; Multi-state payroll in India. factoHR: Very small teams (free up to 20); Field and blue-collar workforces; Growing SMBs wanting AI assistant.

What is HRMS software?+

An HRMS (Human Resource Management System) is software that runs the full employee lifecycle in one place: employee records (core HR), attendance and leave, shift rosters, payroll with Indian statutory compliance (PF, ESIC, PT, LWF, TDS), employee self-service (ESS) on mobile, performance reviews and recruitment (ATS). Cloud HRMS is sold as SaaS, billed per employee per month.

Which is the best HRMS software in India?+

There is no single best — it depends on headcount and priority. For payroll-compliance-first SMEs, greytHR, Keka and Zoho People are the most shortlisted. For field and factory attendance, factoHR, Pocket HRMS and HRMantra stand out. For 1,000+ employee enterprises, Darwinbox, PeopleStrong and ZingHR lead. Tell us your team size and priority and App Advisor sends a matched top-3 in 2 minutes, free.

How much does HRMS software cost in India?+

Most cloud HRMS in India costs ₹40–₹150 per employee per month. Free plans exist for very small teams (greytHR, Kredily, Zoho). SME packages typically start around ₹2,500–₹7,000 per month for up to 50 employees; enterprise HCM (Darwinbox, PeopleStrong) is custom-quoted with one-time implementation fees. Biometric devices cost extra (₹4,000–₹25,000 per device). Ask App Advisor for current negotiated prices.

Is HRMS software free for small businesses?+

Yes — greytHR, Kredily, Zoho People and RazorpayX Payroll offer free or free-plan tiers for small teams, usually with limits on employees or modules. Free plans suit under 15–25 employees; once you need statutory payroll, biometric sync or approvals, paid plans are more practical.

What is the difference between HRMS, HRIS and HCM?+

HRIS is the employee database and core records. HRMS adds operational processes — attendance, leave, payroll and self-service. HCM (Human Capital Management) adds strategic talent functions — performance, learning, succession and workforce analytics. Most Indian vendors sell modular HRMS that grows into HCM.

Cloud HRMS vs on-premise HRMS — which is better?+

Cloud (SaaS) HRMS is better for over 90% of Indian businesses: no servers, automatic statutory updates when PF/ESIC/tax rules change, mobile apps and pay-per-employee pricing. On-premise suits only organisations with strict data-residency policies or very large custom integrations; it needs IT staff and manual compliance updates.

How do I track field employee attendance in India?+

Use a mobile attendance app with GPS geofencing and selfie verification: employees punch in only within a set radius of the site or client location, the app records a timestamped location trail, and offline punches sync when network returns. factoHR, Pocket HRMS, HROne and Zoho People all offer this; the data flows straight into payroll.

How do I prevent buddy punching in biometric attendance?+

Replace PIN or card punches with face recognition that includes a liveness (anti-spoofing) check, or fingerprint biometrics. For mobile attendance, combine selfie verification with geofencing and device binding so one phone can’t punch for another employee. Review exception reports for identical punch times weekly.

Can biometric machines sync with payroll software?+

Yes. Most Indian HRMS integrate with eSSL, ZKTeco, Matrix, Realtime and similar devices through a cloud push service or a small sync utility, so punches land in the attendance module in near real time and payroll calculates LOP, overtime and late marks automatically.

Does HRMS software handle PF, ESIC, PT and LWF automatically?+

Good Indian HRMS do: they compute PF/EPS/EDLI, ESIC eligibility and contributions, state-wise Professional Tax and Labour Welfare Fund, TDS under old and new regime, and generate ECR files, challans and Form 16. Confirm in the demo that your states’ PT/LWF slabs are pre-configured.

How long does HRMS implementation take?+

Small businesses go live in 1–2 weeks (employee import, salary structures, leave policy). Mid-market rollouts take 3–6 weeks including biometric integration and a parallel payroll run. Enterprise HCM implementations take 2–4 months. Always run one parallel payroll before switching off the old system.

Which HRMS has the best mobile app in India?+

Keka, HROne, Zoho People, factoHR and Darwinbox are consistently rated strong on mobile — covering punch-in with selfie/GPS, leave, payslips, reimbursements and approvals on Android and iOS. Test the manager-approval flow on the app during your demo, not just the employee view.

Is App Advisor free? How do you make money?+

App Advisor is 100% free for buyers — no advisor fee, ever. We are an independent advisory; partner vendors pay us a referral fee when a buyer chooses them, which never changes the price you pay and often unlocks an extra App Advisor discount. We recommend based on fit, and you can choose any vendor, including ones outside our partner list.

What happens after I submit my requirements?+

An App Advisor HR-tech specialist reviews your team size, industry and priority, then WhatsApps or calls you within one working day with a matched top-3 shortlist, indicative pricing and any special offer. With your consent, only the vendors you pick get your details and schedule demos — no spam, no mass selling.

Still deciding?

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