FyPayrun vs greytHR
greytHR is the 25-year-old Indian HRMS — broad coverage, legacy UI, and a tier ladder that gates modules behind paid plans. FyPayrun + FyBoard People is the records-first modern alternative — every track open in Starter, at ₹4/emp vs greytHR's ₹2,495+/mo base.
Two doors. Same problem.
FyPayrun + FyBoard People is the modern records-first HRMS that matches greytHR's scope, doesn't gate features behind tiers, and undercuts the entry tier even at 50 employees. The full breakdown is in the sections below.
FyPayrun
Payroll without the spreadsheet hangover.
- Pricing
- Payrun Free local basics · Payrun Cloud Pro ₹999/mo · FyBoard People ₹4/emp Starter · ₹8/emp Growth
- Free tier
- Free local payroll basics; People at ₹4/emp stays below greytHR's paid base.
- Where it shines
- Browser-first, no signup, honest cloud labelling
greytHR
greytHR is the 25-year-old Indian HRMS — broad coverage, legacy UI, and a tier ladder that gates modules behind paid plans. FyPayrun + FyBoard People is the records-first modern alternative — every track open in Starter, at ₹4/emp vs greytHR's ₹2,495+/mo base.
- Pricing
- Essential ₹2,495/mo incl 50 emp · Growth ₹4,495/mo incl 50 emp
- Free tier
- Varies by tool — most have caps.
- Where it shines
- 25+ years of Indian SMB and mid-market presence — every CA, payroll consultant, and HR ops lead in India has worked with greytHR
The case for switching.
The places we've leaned harder than greytHR. Each is something a daily user feels the friction of in the alternative.
FyBoard People Starter (₹4/emp) ships every core track open — Attendance, Leave, Recruitment, Performance, Compliance, Training, Payroll cycles. greytHR gates Leave/Recruitment/Performance/Exit into mid/premium tiers
Records-first architecture — every employee record, leave request, payslip, and approval is a versioned record on shared engines with audit trail by default, not a logged action retrofitted onto a legacy schema
Modern UI built this decade — greytHR's interface betrays its 25-year-old codebase even after redesigns
Multi-jurisdiction by design — People handles cross-country payroll, statutory rules, and compliance natively; greytHR is India-first with regional gaps
Pricing undercut: ₹4/emp Starter × 50 emp = ₹200/mo. greytHR Essential starts at ₹2,495/mo including 50 employees, then adds ₹45/employee
FyPayrun local basics are free; Cloud Pro adds cloud payroll exports without greytHR's implementation-heavy entry tier
The honest column.
Places greytHR is genuinely stronger. Picking the right tool for the job sometimes means picking the other one — and we'd rather tell you that up front than waste your time.
25+ years of Indian SMB and mid-market presence — every CA, payroll consultant, and HR ops lead in India has worked with greytHR
Mature mobile apps for employee self-service with deep adoption (payslips, leave requests, attendance punch)
Established reseller and implementation partner network across Tier-2 and Tier-3 Indian cities
Enterprise sales motion with dedicated CSMs at the upper tiers — useful if you need hand-held implementation
We'd rather you pick the right tool than the most-marketed one. If anything in this column outweighs the §02 list for your workflow, stay with greytHR — and we'll see you for the next job.
Feature ledger.
The same questions, asked of both. FyPayrun on the left; greytHR on the right. Sourced from publicly visible pricing, marketing, and product docs.
| Question | FyPayrun | greytHR |
|---|---|---|
| Free-tier scope | Local calculators + single-stub payslip · ≤10 emp on People. | Public pricing starts from paid Essential. |
| Pricing at 50 emp | ₹200/mo (People Starter). | ₹2,495/mo Essential base. |
| Recruitment / Performance gates | Open in Starter (₹4/emp). | Mid + premium tiers only. |
| Audit trail | Records-first; every action audited. | Action logs, retrofitted. |
| Multi-jurisdiction | Native across countries. | India-first; regional gaps. |
| Implementation time | Same-day; studio + People onboarding ≤1 day. | 2–6 weeks with implementation team. |
Free-tier scope
- FyPayrun
- Local calculators + single-stub payslip · ≤10 emp on People.
- greytHR
- Public pricing starts from paid Essential.
Pricing at 50 emp
- FyPayrun
- ₹200/mo (People Starter).
- greytHR
- ₹2,495/mo Essential base.
Recruitment / Performance gates
- FyPayrun
- Open in Starter (₹4/emp).
- greytHR
- Mid + premium tiers only.
Audit trail
- FyPayrun
- Records-first; every action audited.
- greytHR
- Action logs, retrofitted.
Multi-jurisdiction
- FyPayrun
- Native across countries.
- greytHR
- India-first; regional gaps.
Implementation time
- FyPayrun
- Same-day; studio + People onboarding ≤1 day.
- greytHR
- 2–6 weeks with implementation team.
Two scenarios, two answers.
Different jobs deserve different tools. Here's the honest read on when FyPayrun fits the workflow, and when greytHR is the right call instead.
When FyPayrun is the right call.
Pick FyPayrun + FyBoard People if you want a modern records-first HRMS at a much lower 50-employee floor, refuse to pay for tiers to unlock Recruitment + Performance, or operate across multiple countries.
When greytHR is the right call.
Pick greytHR if you're 200+ employees with a dedicated HR team, want a vendor with 25 years of Indian payroll history, and value hand-held implementation through a reseller.
FyPayrun vs greytHR, in plain answers.
The questions that come up most often when people compare FyPayrun and greytHR. Short answers, no marketing speak.
- Q
How does FyBoard People compare to greytHR feature-for-feature?
ATrack for track — Attendance, Leave, Recruitment, Performance, Compliance, Training, Payroll cycles — coverage is equivalent. People adds operational depth greytHR fragments across modules: a single Career + Succession track, integrated Expense + Benefits, and a unified Audit explorer. greytHR's edge is mobile-app adoption depth and reseller network maturity.
- Q
Why is greytHR so much more expensive than FyBoard People?
ATwo structural reasons: (1) greytHR prices from a base plan that includes a fixed employee band, so smaller teams pay a monthly floor; (2) feature-gating — Recruitment, Performance, Exit are paid uplifts. People bills per-employee with every track open in Starter, which collapses both of those.
- Q
Will my CA / payroll consultant accept FyPayrun outputs?
AYes — outputs are vendor-neutral: Form 16 Part B as TRACES-compliant PDF, EPFO ECR as the unified portal .txt, Payroll Register as standard XLSX. Any CA familiar with greytHR's outputs reads ours identically. We're new (under 2 years) so the consultant network familiarity hasn't accumulated yet — that's the honest gap.
Ready to switch from greytHR?
No signup, no install, no commitment. Open FyPayrun and try the tools you use most — most of your existing files import without conversion.
Reviewed against publicly available info on greytHR as of launch. We'll keep this current.