In today’s fast-paced business environment, startups and growing companies must choose the Top HR software to streamline their human resources processes. Keka and GreytHR are two prominent players in the HR software market, each offering features to enhance HR management.
Keka stands out with its modern, intuitive interface and a comprehensive suite of HR tools. It focuses on automation and user experience, aiming to transform traditional HR practices. In contrast, GreytHR excels in payroll management and compliance. It provides a reliable solution for organizations needing to ensure regulatory adherence while managing HR functions efficiently.
This blog compares Keka vs GreytHR, examining their key features, benefits, and potential drawbacks. By the end, you’ll understand which HR software best aligns with your organization’s needs and helps achieve your business goals.
About Company
Keka HR
Keka HR is a comprehensive cloud-based HR and payroll software solution designed for mid-sized to large enterprises. Established in 2015, Keka HR offers a range of features to streamline HR operations, including performance management, recruitment, and payroll processing.
Key Details:
Founded: 2015
Headquarters: Hyderabad, India
Customers: Keka HR supports over 2,500 organizations across various sectors, including technology, manufacturing, and services.
Greythr
Greythr is a cloud-based HR and payroll software solution for small to mid-sized businesses. Established to streamline and automate HR processes, Greythr helps organizations manage employee records, payroll, and compliance efficiently.
Key Details:
Founded: Greythr was founded in 2012.
Headquarters: Bengaluru, India.
Customers: Greythr serves over 15,000 customers across various industries, including manufacturing, retail, and IT sectors.
Funding
Keka HR has received notable funding to support its growth and development. Here are the key details regarding its funding history:
Seed Round: Keka raised an initial round of funding in 2016, which helped them to expand their product offerings and accelerate growth.
Series A: In April 2019, Keka HR secured $8 million in Series A funding. This round was led by VenturEast, with participation from existing investors. The funds aimed to scale operations, enhance product features, and expand their market reach.
Series B: Keka raised $57 million in Series B funding in June 2021. This round was led by Benchmark Capital and Sumeru Equity Partners. The Series B funds further boosted product development, market expansion, and team growth.
Greythr has received several rounds of funding to support its growth and development. Here are the key details:
Seed Round: Greythr initially raised seed funding to establish its operations and develop its HR software platform.
Series A: 2016 Greythr secured $6.5 million in Series A funding. VenturEast and Lightspeed India Partners led this round. The funding was used to enhance product features, expand the team, and scale operations.
Series B: Greythr raised an additional $20 million in Series B funding in 2020. This round was led by VenturEast and Lightspeed India Partners, with participation from Jungle Ventures. The funds aimed to accelerate product development, expand market reach, and enhance customer support.
Plans & Pricing
Keka HR offers several pricing tiers based on the size and needs of the organization. Pricing is generally customized based on the features and number of employees. They typically provide a demo or free trial so businesses can gauge what fits best.
Greythr also offers a range of pricing plans based on the features and number of employees. Pricing details are typically available upon request and can be customized according to business requirements.
Specifications
Keka HR is known for its comprehensive solutions covering core HR functionalities, payroll, performance management, recruitment, and employee engagement.
Greythr provides solutions for HR, payroll, and compliance management. It focuses on simplifying complex HR tasks and ensuring regulatory compliance.
Integrations
Keka integrates with various third-party applications, including popular accounting and ERP systems and communication tools like Slack. Custom integrations can often be arranged.
Greythr supports integrations with various ERP systems, accounting software, and other business tools. Integration capabilities can be customized based on needs.
Features
Core HR: Employee records, self-service portal, leave management.
Payroll: Automated payroll processing, tax calculations, compliance.
Performance Management: Goal setting, performance reviews, feedback.
Recruitment: Job postings, applicant tracking, interview scheduling.
Employee Engagement: Surveys, feedback tools, wellness programs.
Core HR: Employee records, self-service features, leave management.
Payroll: Payroll processing, statutory compliance, tax management.
Performance Management: Goal management, appraisals, feedback mechanisms.
Recruitment: Recruitment management, applicant tracking.
Compliance: Compliance with labor laws statutory reporting.
Product Features
Attendance management
Expense Management
HR & Payroll
Mobile Support
Attendance management
Document Management
Employee Self-Service Management
Expense Management
HR & Payroll
Mobile Support
Online Tests & Psychometric Tests
Performance Management
Shift Management
Market share
Keka HR is gaining traction primarily in India and the Middle East, with a growing presence in other regions.
Greythr is widely used in India and has a growing presence in other markets, focusing on small to mid-sized enterprises.
Target Audience
Keka HR suits mid-sized to large organizations looking for a comprehensive HR solution with advanced features.
Startups
SMEs
Agencies
Enterprises
Greythr is ideal for small to mid-sized businesses looking for an efficient, compliance-focused HR and payroll solution.
Startups
SMEs
Agencies
Enterprises
Pros & Cons
Pros:
Comprehensive feature set.
User-friendly interface.
Strong customer support.
Customizable to specific needs.
Cons:
Pricing may be higher compared to some competitors.
Customization can sometimes be complex.
Pros:
Strong payroll and compliance features.
User-friendly interface.
Good support for small to mid-sized businesses.
Cons:
It may need some advanced features required by larger organizations.
Customization options can be limited compared to competitors.
Support
Phone
Live Chat
Online (Ticket)
Business Hours
Phone
Live Chat
Online (Ticket)
Business Hours
Payment
Yearly
Monthly
One Time(Perpetual License)
Transaction
Yearly
Monthly
One Time(Perpetual License)
Transaction
Interfaces
When evaluating Keka HR and Greythr HR software, aligning the choice with your organization’s specific needs, size, and growth trajectory is crucial.
Keka HR stands out with its comprehensive feature set, which caters particularly well to mid-sized to large organizations. Its strength lies in its extensive capabilities, including robust payroll processing, performance management, and advanced customization options. Keka’s user-friendly interface and strong customer support further enhance its appeal, making it a solid choice for businesses that require a sophisticated, all-in-one HR solution and are willing to invest in a premium product.
On the other hand, Greythr excels in providing a streamlined, compliance-focused HR and payroll management system, making it especially suitable for small to mid-sized enterprises. Its strength lies in its simplicity and robust payroll compliance features, which can be a significant advantage for businesses that need efficient HR operations without extensive customization or complexity. Greythr’s user-friendly interface and practical support for regulatory compliance make it a compelling choice for companies seeking a reliable and cost-effective HR solution.
In summary, the choice between Keka HR and Greythr should be guided by your organization’s size, complexity, and specific HR needs. Keka is ideal for larger organizations with complex HR requirements and a need for extensive customization. In contrast, Greythr is well-suited for smaller to mid-sized businesses looking for an efficient, compliance-focused HR and payroll system. By carefully considering these factors, you can select the HR software that best aligns with your business objectives and operational needs.
