greytHR vs. Payroll by Wave

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
greytHR
Score 8.2 out of 10
N/A
The greytHR Platform is a suite of cloud HR solutions for small and medium enterprises (SMEs). It offers productivity tools for people management, simpler HR processes, and professional delivery of HR services. The Employee Portal for the manager and employee self-service supports better employee engagement and all-around time savings. The vendor states greytHR software is used by 15,000+ customers and 1.5 million users in India and the Middle…
$3,495
per month per user
Payroll by Wave
Score 9.8 out of 10
N/A
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
Pricing
greytHRPayroll by Wave
Editions & Modules
Starter
₹0
per month per user
Essential
₹3495
per month per user
Growth
₹5495
per month per user
Enterprise
₹7495
per month per user
No answers on this topic
Offerings
Pricing Offerings
greytHRPayroll by Wave
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsFor India Customers, the price starts at ₹3495 for 50 employees. For additional employees, ₹30, ₹60, ₹100 will be charged for Essential, Growth, and Enterprise plans. Also greytHR offers special annual pricing for those who wish to pay once for the entire year. For GCC Customers, the price starts at $2 per employee per month on top of a fixed base price of $30.
More Pricing Information
Features
greytHRPayroll by Wave
Payroll Management
Comparison of Payroll Management features of Product A and Product B
greytHR
8.7
4 Ratings
6% above category average
Payroll by Wave
9.4
5 Ratings
14% above category average
Pay calculation9.03 Ratings10.05 Ratings
Off-cycle/On-Demand payment8.01 Ratings9.03 Ratings
Benefit plan administration8.43 Ratings9.01 Ratings
Direct deposit files8.63 Ratings9.05 Ratings
Salary revision and increment management9.04 Ratings9.55 Ratings
Reimbursement management9.04 Ratings10.02 Ratings
Support for external payroll vendors00 Ratings9.03 Ratings
Best Alternatives
greytHRPayroll by Wave
Small Businesses
Patriot Software
Patriot Software
Score 9.1 out of 10
Patriot Software
Patriot Software
Score 9.1 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
greytHRPayroll by Wave
Likelihood to Recommend
6.2
(4 ratings)
10.0
(6 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
10.0
(1 ratings)
Support Rating
-
(0 ratings)
8.9
(2 ratings)
User Testimonials
greytHRPayroll by Wave
Likelihood to Recommend
GreytHR
greytHR can be recommended when starting off exploring HRMS tools. However, the robustness of the tool needs improvement so that it can fit everyone's use case as well as inclusion of newer features that many competitors offer already. If you have a very big team, then this tool may not be the perfect fit as bugs will be easily visible
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Wave
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
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Pros
GreytHR
  • Leave Management - Anyone can track and get leave approvals easily
  • Daily Attendance Management - Check in-time, out-time, late time etc.
  • Employee Information Management - Salary details, appraisal details etc. can be tracked on the portal.
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Wave
  • An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
  • Pay day can be automated and straightforward.
  • Wave onboarding provides guidance at what information to input next until you are all set up.
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Cons
GreytHR
  • Overall UI needs to be worked on, it looks outdated
  • WFH option for employee attendance
  • Add location data in attendance
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Wave
  • Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
  • Option to further customize payroll statements
  • Add a per employee payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
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Usability
GreytHR
No answers on this topic
Wave
Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
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Support Rating
GreytHR
No answers on this topic
Wave
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
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Alternatives Considered
GreytHR
Since I am a end user and wasnt part of purchase process would like to skip this question
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Wave
First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
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Return on Investment
GreytHR
  • Simply helped us manage payroll for our employees effectively
  • Tax declaration was made easy in India as they also offered calculations based on the new & old tax regimes.
  • Reduced manual effort in leave tracking for our team where it was done ineffectively prior to having greytHR
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Wave
  • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
  • Easy to use interface saves time and helps ensure I am paid on time.
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ScreenShots

greytHR Screenshots

Screenshot of greytHR payroll overviewScreenshot of greytHR attendance calendar viewScreenshot of Asset information captureScreenshot of AI HR Assistant with in self service