Offrd vs greytHR: Complete HR Software Comparison for Indian SME's

Choosing between Offrd and greytHR HR software is a critical decision for Indian startups and MSMEs. Both are cloud-based HRMS platforms designed for Indian businesses, but they serve different market segments with distinct pricing models and feature sets.

Quick Comparison Overview

Here's a snapshot of how Offrd and greytHR compare:

Offrd is best for startups with 5-200 employees, uses a pay-per-use pricing model, takes 2 minutes to set up, charges ₹50 per active employee per month, has zero setup fees, serves 4,000+ companies, and was founded in 2023.

greytHR is best for companies with 50-500+ employees, uses a monthly subscription model, takes 2-3 weeks to implement, starts at ₹3,495/month or ₹35 per employee, charges setup fees, serves 23,000+ customers across 25+ countries, and was founded in 2011 (parent company Greytip founded in 1994).

Understanding the Pricing Models

Offrd: Pay-Per-Use HR Software

Offrd operates on a pay-per-use model where you only pay when you use a feature. The pricing is simple: ₹50 per active employee per month. There are no monthly subscription fees, no setup costs, and no payments for capacity you barely use. This makes it ideal for bootstrapped startups with unpredictable hiring patterns.

The key advantages of this model include zero fixed costs during slow hiring months, budget-friendly pricing for early-stage startups, no vendor lock-in, costs that scale with actual usage, and perfect flexibility for seasonal hiring patterns.

greytHR: Subscription Model

greytHR follows a subscription pricing structure. It starts at ₹3,495/month for basic plans, with pricing calculated at approximately ₹35 per employee. Setup fees apply, and there's a monthly commitment required. The platform offers different plans for small, mid, and large businesses with varying features and customization options.

Unlike Offrd's straightforward pricing, greytHR's costs depend on your plan selection, number of employees, and which add-ons you choose for attendance, performance management, and employee engagement.

Setup and Implementation

Getting Started with Offrd

Offrd takes just 2 minutes to go live. There's no setup needed, no training required, and you get human support without pushy sales tactics. Activation is instant, there are no onboarding calls needed, and it's perfect for founders handling HR themselves.

Getting Started with greytHR

greytHR takes an average of 2-3 weeks to implement. The process includes comprehensive onboarding, guided configuration support, data migration assistance, and training sessions for your HR team. This more structured approach is better suited for companies with established HR departments. The platform offers enterprise-class delivery, training, and project management.

User Experience Comparison

Offrd's Simplicity-First Approach

Offrd is designed for people with no HR experience. CEOs and small teams can use it effortlessly. read more It features AI-powered document generation, has a minimal learning curve, and can generate offer letters in under 2 minutes. The interface is intuitive for non-HR professionals.

greytHR's Comprehensive Interface

greytHR offers a user-friendly interface that many users describe as intuitive and easy to navigate. The platform provides comprehensive dashboards for insights, trends, and patterns. However, some users report that the system frequently logs out when left idle for short periods, which can be disruptive. The interface is generally praised for being self-explanatory, though it can be overwhelming for new users due to the extensive feature set.

Who Should Use Which Platform?

Offrd is Ideal For:

Companies with 5-200 employees in the seed to Series A startup stage. It's perfect for founder-led HR teams or companies with just one HR person. If you're hiring 5-15 people per quarter and have a budget under ₹15,000/month for HR software, Offrd is a strong choice. Your priority is speed, simplicity, and cost savings.

Specific use cases include bootstrapped startups, first-time founders, companies without dedicated HR departments, businesses with seasonal hiring patterns, and remote-first teams.

greytHR is Ideal For:

Companies with 50-500+ employees from various industries including information technology, manufacturing, healthcare, banking, hospitality, education, and retail. It's designed for organizations with dedicated HR teams who need comprehensive payroll processing, statutory compliance, and advanced reporting. Your budget is ₹3,500-10,000+ per month, and your priority is full-featured HRMS with strong compliance capabilities.

Specific use cases include SMEs and mid-market companies, businesses with complex payroll requirements, organizations needing multi-country operations support (available in 25+ countries including India, Middle East, Southeast Asia), companies requiring detailed statutory compliance, and organizations with 5 to 500,000 employees.

Feature Comparison

What Offrd Offers

Offrd covers essential document management including offer letters, probation letters, increment letters, and separation letters. It features AI-powered document generation with compliance checks, onboarding workflows, and payslip generation.

For attendance and leave management, Offrd provides real-time attendance tracking with QR check-ins and geofencing, leave management, shift updates, and remote work support.

The AI features include intelligent document generation, a policy generator, and automated compliance tools.

What greytHR Offers

greytHR provides comprehensive core HRMS features including employee lifecycle management from onboarding to exit, centralized employee database, workflow and task management with checklists, and asset management.

Advanced modules include payroll management with 100% statutory compliance for PF, ESI, TDS, PT, and other regulations. The system processes over 2 million payslips monthly and handles direct salary transfers. It offers customizable salary structures with unlimited salary components.

Leave and attendance management supports multiple methods including biometric, GeoMark, GeoTag, web-based sign-in, and face-based attendance. The platform provides 150+ basic and advanced reports covering leave, attendance, payroll, MIS, claims, welfare, and state-level policies.

Performance management tools include goal setting, continuous feedback, and 360-degree reviews. Employee self-service portal and mobile app enable employees to access payslips, manage leaves, add expense claims, and more from anywhere.

Additional features include recruitment and onboarding, expense management, document management, compliance tracking, income tax processing, and integrations with third-party applications.

Customer Reviews and Feedback

Offrd Customer Experiences

Users have praised Offrd's platform for being user-friendly with no training needed, significantly cutting costs for onboarding. It's been described as a perfect fit for hybrid teams with accurate attendance capture. The pay-per-use model has been noted as perfect for scaling gradually. The platform is trusted by over 4,000 companies across India with a focus on MSMEs.

greytHR Customer Experiences

greytHR serves 23,000+ customers with 2.5 million users across 25+ countries. The platform was recognized as one of the top SaaS apps in India and received accolades from The Economic Times Best Brands 2021 and G2's 2022 Best Software Awards.

Users frequently praise the platform for its comprehensive payroll management, user-friendly interface, accurate calculations, and good value for money. The employee self-service portal is highly appreciated. Many users highlight the responsive customer support and quick query resolution.

However, there are common complaints:

Customer support issues are mixed. While many users praise responsive support that resolves queries quickly, others report significant problems. Some users mention support can take 4 months to resolve issues. There are reports of no dedicated customer service personnel, requiring users to raise queries at a common email desk with different people handling issues each time. Some users report slow response times and delayed resolution.

Feature limitations exist, particularly with the leave module. Users report the module has very limited features and difficulty configuring accrual calculations. Some users mention the system is not customizable for complex requirements and you have to adapt your process to fit greytHR rather than the other way around.

System performance issues include frequent automatic logouts when the browser is closed or left idle, which users describe as disruptive. Some users report occasional system glitches and technical issues requiring technical team intervention. There are mentions of issues during month-end payroll processing.

The TDS return preparation features are reported as not as convenient as dedicated TDS software. Employee management limitations include inability to track intern to FTE conversions or rehires effectively.

Some users report that for simpler customizations, you need to raise tickets and connect with the technical team rather than being able to configure it yourself.

Real Cost Analysis: A 50-Employee Startup

Let's look at a realistic scenario for a 50-employee startup with standard HR operations and regular payroll and attendance needs.

With Offrd, you would pay 50 employees times ₹50 per month, which equals ₹2,500/month or ₹30,000/year.

With greytHR, assuming a mid-tier plan at approximately ₹35 per employee, you would pay 50 employees times ₹35 per month, which equals ₹1,750/month or ₹21,000/year. However, greytHR also has a minimum subscription fee of ₹3,495/month, so actual cost would be ₹3,495/month or ₹41,940/year.

This means Offrd saves you ₹11,940 per year, representing a 28% lower cost.

However, for larger teams, the calculation changes. At 100 employees, Offrd would cost ₹5,000/month (₹60,000/year) while greytHR might cost approximately ₹3,500-4,000/month (₹42,000-48,000/year), making greytHR more cost-effective at that scale.

What These Savings Mean

With the money saved using Offrd for a 50-employee company, you could invest in additional HR tools, cover recruiting costs, invest in employee engagement programs, or build an emergency fund.

When Does greytHR Make Financial Sense?

greytHR makes sense financially when you have 70+ active employees where their per-employee pricing becomes more competitive, when you need comprehensive statutory compliance features and advanced reporting that justify the monthly commitment, when you have multi-location operations or need multi-country support, or when your dedicated HR team can fully utilize all advanced modules.

Frequently Asked Questions

Which is better for startups: Offrd or greytHR?

Offrd is better for early-stage startups under 100 employees due to its pay-per-use pricing model, 2-minute setup, and no monthly commitments. For companies with 100-500 employees needing comprehensive HRMS features, greytHR offers better value with its full-suite capabilities.

What is the main difference between Offrd and greytHR pricing?

Offrd charges ₹50 per active employee per month with no minimum commitment, while greytHR has a minimum subscription starting at ₹3,495/month and charges approximately ₹35 per employee with setup fees.

How long does it take to set up Offrd vs greytHR?

Offrd takes 2 minutes with no setup fees, while greytHR takes 2-3 weeks with comprehensive onboarding and setup fees.

Which HR software is better for 100-200 employees?

For 100-200 employees, greytHR may be more cost-effective if you need comprehensive features and strong compliance capabilities. Offrd is better if you want simpler setup, no long-term commitment, and are comfortable with essential features.

Does Offrd have compliance features like greytHR?

Offrd offers automated compliance with AI-powered policy generation and compliance checks. greytHR has more comprehensive statutory compliance features covering PF, ESI, TDS, PT, and multi-state regulations with 25+ years of experience in Indian labor laws.

What are the main complaints about greytHR?

Common greytHR complaints include mixed customer support experiences with some users reporting 4-month resolution times, limited leave module features and customization options, frequent automatic logouts, system glitches during month-end processing, and requirement to raise tickets for simple customizations.

Is Offrd suitable for remote teams?

Yes, Offrd supports remote work with QR check-ins, geofencing, and real-time attendance tracking, making it perfect for hybrid and remote teams.

Which software is more user-friendly?

Offrd is designed for people with no HR experience and requires no training. greytHR is also praised for being user-friendly and intuitive, but has a steeper learning curve due to its extensive feature set. Both are accessible, but Offrd is simpler for basic needs.

Can I switch from greytHR to Offrd?

Yes, since Offrd has no lock-in contracts and no setup fees, switching is simple and cost-effective. However, consider whether you need greytHR's advanced features before switching.

Which HR software has better AI features?

Offrd recently launched AI-powered document generation and automation features, positioning it as an AI-first platform. greytHR offers AI chatbot for employee queries and some automation features, but focuses more on comprehensive traditional HRMS capabilities.

Final Verdict: Which Should You Choose?

Choose Offrd If You:

Have 5-100 employees, are a bootstrapped startup or early-stage MSME, want to save on HR software costs with no monthly commitment, need to start using HR software TODAY with a 2-minute setup, hire sporadically or seasonally, don't have a dedicated HR team or have just one HR person, want pay-per-use flexibility with no lock-in, value AI-powered automation and simplicity, are budget-conscious and want to avoid minimum monthly fees, or prefer modern, streamlined HR tools over comprehensive suites.

Choose greytHR If You:

Have 70-500+ employees, are an established SME or mid-market company, need comprehensive statutory compliance across multiple states or countries, require advanced payroll processing with complex salary structures, have a dedicated HR team that can utilize full-suite features, operate in multiple locations or countries (available in 25+ countries), need extensive reporting and analytics with 150+ report types, require strong integration with third-party applications, can invest ₹3,500-10,000+ per month in HRMS, or need 25+ years of proven HR technology expertise backing your platform.

The Bottom Line

For early-stage startups and small businesses under 100 employees, Offrd is the smarter choice because:

First, cost efficiency. You save on monthly commitments and only pay ₹50 per active employee.

Second, speed. Start in 2 minutes versus 2-3 weeks.

Third, simplicity. No HR experience needed, while greytHR requires learning a more complex system.

Fourth, flexibility. Pay only when you need it with no lock-in versus minimum monthly fees.

Fifth, modern technology. AI-powered automation built for 2023 and beyond.

For growing companies with 100-500+ employees, greytHR makes sense because:

First, comprehensive features. Full-suite HRMS with 40+ tools versus Offrd's essential features.

Second, proven compliance. 25+ years of experience with Indian labor laws and multi-country support.

Third, better cost at scale. Per-employee pricing becomes more economical at 70+ employees.

Fourth, advanced capabilities. Performance management, extensive reporting, complex payroll handling.

Fifth, established platform. 23,000+ customers and 2.5 million users trust the platform.

Getting Started

If you're an early-stage startup with under 100 employees, try Offrd. There's no credit card required, you can start in 2 minutes, you pay only ₹50 per active employee per month, and there are no setup fees.

If you're an established company with 100+ employees needing comprehensive HRMS, book a greytHR demo. Note that comprehensive onboarding is included, setup fees apply, and a monthly subscription commitment is required with a minimum fee of ₹3,495/month.

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