Hiring Tech Talent for Your Startup
August 21, 2024business management courses in India
December 21, 2024
KEKA vs GREYTHR
Startups and growing companies are in need of the right HR software to streamline their human resources processes in today’s fast-paced business environment. Among the leading players in the HR software market are Keka and GreytHR, both of which offer a wide range of customizable HR management features.
In addition to Keka’s intuitive interface and a comprehensive suite of HR tools, it caters to a diverse range of HR requirements. Automation and user experience are key elements of its approach, aiming to transform traditional HR practices by using innovative solutions. GreytHR, on the other hand, is recognized for its robust payroll management system and compliance-focused approach. As a result, organizations are able to ensure regulatory adherence while managing HR functions effectively.
Our blog compares Keka and GreytHR, examining their key features, benefits, and drawbacks. As a result of this comparison, you’ll be able to identify which HR software best suits your organization’s needs. As a result, you will be able to make an informed decision in support of your business goals.
About
KEKA HR
Keka HR is a comprehensive cloud-based HR and payroll solution for mid-sized and large businesses. Since its launch in 2015, Keka HR offers a range of features for streamlining HR operations, including performance management, recruitment, and payroll.
Key Details:
Founded: 2015
Headquarters: Hyderabad, India
Customers: Keka HR supports over 2,500 organizations across various sectors, including technology, manufacturing, and services.
Plan: Growth ₹15,999/month (Up to 100 Employees)
GREYTHR SOFTWARE
Greythr is a cloud-based HR and payroll software solution for small and midsize businesses. Greythr helps organizations manage employee records, payroll, and compliance efficiently by streamlining and automating HR processes.
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.
Plan: Growth ₹10,990/month (Includes 100 Employees)
Funding
KEKA HR
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 SOFTWARE
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
Keka HR offers several pricing tiers based on the organization’s size and needs. Pricing is generally customized based on features and employees. They typically provide a demo or free trial so businesses can gauge what fits best.
GREYTHR SOFTWARE
A variety of pricing plans are available with Greythr depending on the number of employees and features. Detailed pricing information is usually available upon request and can be customized based on business needs.
Specifications
KEKA HR
Keka HR is known for its comprehensive solutions covering core HR functionalities, payroll, performance management, recruitment, and employee engagement.
GREYTHR SOFTWARE
Greythr provides solutions for HR, payroll, and compliance management. It focuses on simplifying complex HR tasks and ensuring regulatory compliance.
Integrations
KEKA HR
Keka integrates with a wide range of third-party applications, including popular accounting and ERP software, as well as communication tools like Slack. There is the possibility of arranging custom integrations.
GREYTHR SOFTWARE
Graythr integrates with many ERP systems, accounting tools, and other business applications. Integration capabilities can be customized based on your needs.
Features
KEKA HR
- 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.
GREYTHR SOFTWARE
- 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
KEKA HR
✓ Attendance management
✓ Expense Management
✓ HR & Payroll
✓ Mobile Support
GREYTHR SOFTWARE
✓ Attendance management
✓ Document Management
✓ Employee Self-Service Management
✓ Expense Management
✓ HR & Payroll
✓ Mobile Support
✓ Online Tests & Psychometric Tests
✓ Performance Management
✓ Shift Management
Target Audience
KEKA HR
Keka HR suits mid-sized to large organizations looking for a comprehensive HR solution with advanced features.
- Startups
- SMEs
- Agencies
- Enterprises
KEKA HR
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
KEKA HR
- Pros:
- Comprehensive feature set.
- User-friendly interface.
- Strong customer support.
- Customizable to your specific needs.
- Cons:
- Pricing may be higher than some competitors.
- Customization can be complex.
KEKA HR
- Pros:
- Strong payroll and compliance features.
- User-friendly interface.
- Provides excellent support for small to mid-sized businesses.
- Cons:
- It may need some advanced features required by larger organizations.
- Customization options are limited compared to competitors.
Interfaces
KEKA HR
The platform provides a modern and intuitive user interface accessible via web and mobile apps.
KEKA HR
Greythr offers a user-friendly interface accessible on desktop and mobile devices and designed to simplify HR processes.
Keka HR and Greythr HR software should be compared based on your organization’s size, needs, and growth trajectory.
The comprehensive feature set of Keka HR makes it a standout for organizations of all sizes. In addition to robust payroll processing, performance management, and advanced customization options, it has an extensive set of features. Its user-friendly interface and strong customer support make Keka an excellent choice for businesses that require an all-in-one HR solution and are willing to invest in a premium product.
However, Greythr provides small and mid-sized enterprises with streamlined, compliance-focused payroll and HR management systems. In addition to its simplicity, it offers robust payroll compliance features. Using this tool can be a significant advantage for businesses that need HR operations that are efficient but do not require extensive customization. Greythr offers a user-friendly interface and practical support for regulatory compliance, making it a compelling solution for companies seeking reliable, cost-effective HR management.
Overall, your organization’s size, complexity, and specific HR needs should be taken into account when comparing Keka HR and Greythr. Keka is a great fit for larger organizations with complex HR requirements and extensive customization needs. Greythr is a good fit for small to mid-sized businesses looking for an HR and payroll system that’s efficient and compliance-focused. Consider these factors carefully before selecting HR software that aligns with your business objectives.
