TracefyHR vs GreytHR
GreytHR leads on Indian payroll compliance. Here's how TracefyHR compares on flat pricing, AI workflows, and use outside India.
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GreytHR is one of India's longest-running HR platforms — 20+ years in market, trusted by 30,000+ Indian businesses, and genuinely best-in-class at PF, ESI, PT, TDS, and Form 16 compliance. If your team is ≤25 employees in India, GreytHR's free Starter plan is hard to beat. TracefyHR is built for a different shape of team: growing companies past the free-tier ceiling who want one flat monthly bill instead of base + per-employee fees, simpler payroll in 18 currencies, and Forge AI for custom workflows alongside core HR and hiring.
We'll be straight with you
GreytHRis a respected product, and for some teams it's the right choice. Here's where it genuinely shines:
- Free Starter plan for ≤25 employees (genuine, no card required)
- Deepest Indian statutory engine on the market — PF, ESI, PT, TDS, gratuity, Form 16 auto-generated
- 150+ pre-built compliance reports
- 20+ years in market; trusted by 30,000+ Indian businesses
If any of these are must-haves for your team, check out GreytHR directly — we'd rather help you pick the right tool than oversell our own.
Why Teams Choose TracefyHR
What we do differently
Flat pricing past the free tier — no per-employee creep
Once you cross GreytHR's 25-employee free ceiling, paid tiers add base + per-employee fees. TracefyHR is one flat monthly rate at $20/mo, predictable as you grow.
Forge AI workflow builder, not a chatbot
GreytHR's AI is a Q&A chatbot, gated to Essential and above. Forge AI lets you describe a custom HR workflow in plain English and have the form, approval chain, and calculations built for you.
Works outside India
TracefyHR runs payroll in one of 18 currencies, including INR, AED, SAR and USD, with one base currency per company. GreytHR is built around Indian payroll and statutory compliance.
Modern UX for managers, not just payroll admins
TracefyHR is designed so non-HR managers can learn it in minutes. GreytHR's admin-first UI reflects its payroll-bureau roots.
AI isn't locked to a higher tier
GreytHR gates SSO, REST API, AI chatbot, and workflow automation to higher tiers. TracefyHR doesn't tier-gate its AI: Forge AI and the AI Assistant work on every plan, billed pay as you go with AI credits. Starter can deploy one custom Forge feature and Professional up to ten.
Side-by-Side
Feature comparison
Based on publicly available information as of June 2026. Features and availability may change — check each vendor's site for the latest.
| Feature | TracefyHR | GreytHR |
|---|---|---|
| Core HR | ||
Employee directory & profiles | ||
| Pricing | ||
Free tier GreytHR's strength | 30-day trial | ≤25 employees |
Flat monthly plan GreytHR is base + per-employee on paid tiers | ||
Self-serve signup (no sales call) | ||
| Payroll | ||
Indian statutory (PF, ESI, PT, TDS) TracefyHR uses one flat tax % per employee | ||
Form 16 auto-generation GreytHR's strength | ||
Payroll currency GreytHR is built for Indian payroll | 18 currencies (one per company) | INR |
| Finance | ||
Budget planning built in | Professional plan | |
Revenue-per-employee analytics | Professional plan | |
| Leave | ||
Custom leave types | ||
| Attendance | ||
Location capture / biometric devices | Location at check-in | |
| AI & Custom | ||
AI workflow builder Essential+ tier | Forge AI | Chatbot only |
Natural-language feature creation | ||
| Access | ||
SSO | Enterprise only | |
REST API | Enterprise only | |
| UX | ||
Modern dashboard & mobile | Admin-first UI | |
| Reports | ||
Pre-built compliance reports GreytHR's strength; TracefyHR offers Excel exports | 150+ | |
| Support | ||
Email support | ||
“Partial” or descriptive labels indicate the feature is available but may differ in scope or implementation. Always verify with the vendor for your specific use case.
Production track record, not promises
GreytHR has earned its 30,000-business Indian customer base by taking statutory compliance seriously for 20+ years, and that's a real moat for India-only buyers — especially under 25 employees where the free plan is hard to argue with. TracefyHR is built for the next stage: flat $20/mo past the free-tier ceiling means no per-employee creep, and Forge AI ships custom workflows in plain English rather than gating AI to higher tiers. The 30-day trial runs the full feature set with no card on file.
By the numbers
- $20/moFlat starter pricing
- $0Per-employee fees, ever
- 80%Cheaper vs GreytHR
- 30 daysFree trial, no card
Pricing Snapshot
What you'll actually pay
GreytHR
Based on publicly reported pricing for GreytHR Starter, Essential, Growth, and Enterprise plans as of June 2026. Per-employee fees apply above included headcount. AI chatbot, workflow automation, SSO, and REST API are gated to higher tiers. Verify directly at greythr.com/pricing.
TracefyHR
GreytHR Starter is genuinely free for ≤25 employees — hard to beat at that size. Past 25 employees, TracefyHR's flat $20/mo typically lands cheaper than Essential, and Forge AI works on every plan with pay-as-you-go AI credits instead of being gated to a higher tier.
See all plansFAQ
Common questions
Should I stay on GreytHR Free if I have ≤25 employees?+
Honestly — probably yes, if you're India-only and statutory filings are your top need. GreytHR Starter is a genuine free plan and the statutory engine is mature. Consider TracefyHR when your company is based outside India, when you cross the 25-employee ceiling and don't need statutory filings from your HR tool, or when you want AI workflow tooling and finance analytics in the same product.
Is TracefyHR a GreytHR alternative for Indian payroll?+
Not for statutory payroll. TracefyHR does not calculate PF, ESI, PT or TDS, generate Form 16, or produce compliance reports; its payroll uses one flat tax rate per employee plus bonus and deductions. For Indian statutory payroll, GreytHR is the stronger tool. TracefyHR fits teams that want HR, attendance, hiring and simpler payroll records in one flat-priced product.
What does Forge AI do that GreytHR's chatbot doesn't?+
GreytHR's AI is a Q&A chatbot that answers employee questions (gated to Essential and above). Forge AI is a workflow builder: describe a custom HR process in plain English and it generates the form, approval chain, and calculations. Different jobs — Forge AI replaces config time, not support tickets.
Can I migrate from GreytHR to TracefyHR?+
Yes. Export your employee data from GreytHR as an Excel file (.xlsx) and use TracefyHR's bulk import tool. Enterprise includes custom onboarding if you want help with the move.
Try TracefyHR free for 30 days
Set up your company, import your team, and see if TracefyHR is the right fit — no credit card, no sales call.
Trademark & data disclosure
GreytHR is a trademark of Greytip Software Private Limited. TracefyHR is not affiliated with, endorsed by, or sponsored by GreytHR. All comparison data on this page is based on publicly available information from www.greythr.com and industry reports as of June 2026. Features, pricing, and availability may change without notice. Readers should verify current information directly with each vendor. Nothing on this page constitutes legal, financial, or professional advice.