Darwinbox alternative
Darwinbox is built for enterprises. Peymatrix is built for you.
Full HR, payroll, and compliance for India and UAE — without a 6-month implementation, a large upfront cost, or a dedicated vendor team to maintain it.
What Peymatrix includes
India Payroll & Compliance
EPF / PF calculation (statutory)
EPF ECR 2.0 export — basic salary wage base per EPFO spec
ESI calculation with contribution period locking (ESI Act §2(9))
TDS computation (old & new tax regime)
Form 16 Part A — quarterly TDS breakdown (CBDT Rule 31)
NSDL Form 24Q export — BSR code enforced before file generation
Professional Tax — state-wise, semi-annual states, editable admin master
Investment declaration feeds live payroll TDS
Proof of Investment (POI) workflow — employee upload, HR/Finance review, auto-sync to TDS
Conditional Pay Rules — rules-based component amounts via expression DSL
Sales Commission engine — tiered plans, accelerators, per-record approval
Loan management + dedicated Salary Advance flow with running balance
Full & Final settlement
Arrears & salary revision history
UAE Payroll & Compliance
WPS SIF v2 file generation
WPS blocked when any employee is missing Emirates ID
End of Service Gratuity — UAE Labour Law
GPSSA pension return for UAE nationals
NAFIS quarterly Emiratization return — Federal Decree-Law 6/2023
Multi-currency payroll (AED)
India + UAE managed in one account
Core HR & Employee Management
Employee database, profiles & documents
Onboarding workflows
Employee Groups — flexible cohorts for policy targeting
Attribute Change Request workflow — profile changes routed to HR for approval
Letter Templates — rich-text editor with variables, page layout, version history
Document management with e-sign
Document Series — auto-numbering for payslips, offer letters, separation letters
Org chart & hierarchy
Offboarding & exit management
Asset management with cost-center tagging
Succession planning
Finance & GL Integration
Cost Centers master with budgets + per-cost-center spend dashboard
Auto-tagging — payslips, asset assignments, loans, expenses inherit employee's cost center
Chart of Accounts + Salary Component → GL Account mapping
QuickBooks, Zoho Books, Tally integrations — push journals on payroll publish
Tenant Email Config — bring your own SMTP for payslip/notification delivery
Attendance & Leave
Attendance tracking (web & mobile)
Biometric device sync
Geo-fencing attendance
Shift & roster management — visual weekly roster builder
Attendance regularisation workflow (employee → manager)
Configurable pay cycles + cutoff day separate from payroll run day
Leave policy engine — carry-forward & encashment
Leave Opening Balance + notice-period restrictions
Performance, L&D & Engagement
OKR / Goal management
Performance review cycles (360°)
Continuous feedback
Learning & development (LMS)
Employee surveys
Helpdesk / HR ticketing
Employee Self-Service
Download payslips, Form 16, Form 12BA
Apply leave, on-duty, comp-off, attendance regularisation
Submit expense claims with receipt upload
Reimbursement Statement — declared FBP vs claimed with available balance
Apply for Salary Advance (interest-free, repayment schedule)
Submit Proof of Investment documents
Profile change requests routed to HR for approval
Manage signed-in devices and revoke other sessions
Help Center — searchable guides + AI assistant + helpdesk
AI & Automation
AI Decision Engine — auto-approvals & compliance risk scoring (Growth plan and up)
AI payroll anomaly detection before payroll run
AI HR chatbot — natural language queries
Drag-and-drop report builder
Analytics dashboards
Multi-step workflow automation
Pricing, Setup & Access
From ₹2,999/mo + ₹70/employee — transparent, public pricing
Transparent hybrid pricing — platform fee + per-employee, published openly
14-day free trial, no credit card required
Self-serve setup — live in days, not months
No implementation cost or vendor onboarding team required
Mobile app (iOS & Android)
API access
The real cost of enterprise HRMS for growing companies
Setup in days, not months
Enterprise HRMS implementations typically take 3–6 months with a dedicated project team on both sides. Peymatrix is self-serve — import your employee data and run your first payroll cycle within days.
Transparent pricing from day one
Peymatrix pricing is published in full — ₹2,999/mo platform fee plus ₹70 per employee on Starter. No quote process, no sales call required to find out what it costs.
No implementation cost
Enterprise platforms bundle a paid onboarding project into every deal. Peymatrix is self-serve with documentation — no vendor implementation team required.
14-day free trial
Evaluate the full platform including India payroll, UAE compliance, and AI features — 14 days, no credit card, no guided POC required.
AI included from the Growth plan
The AI Decision Engine, payroll anomaly detection, and HR chatbot are available from the Growth plan onwards — not locked behind enterprise tiers.
NAFIS Emiratization compliance
UAE Federal Decree-Law 6/2023 requires quarterly Emiratization returns to the NAFIS portal. Peymatrix generates this file automatically.
Full HR without enterprise complexity
Set up in days, not months. India payroll, UAE compliance, AI automation. From ₹2,999/mo + ₹70/employee. 14-day free trial.