Greythr Alternative
Looking for a greytHR alternative? Try Peymatrix.
Peymatrix is a modern, AI-native HR and payroll platform with full India compliance, UAE support, and a clean interface built for today's teams.
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 supported
Investment declaration feeds live payroll TDS computation
Loan management with EMI deduction
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
Document management with e-sign
Org chart & hierarchy
Offboarding & exit management
Asset management
Succession planning
Attendance & Leave
Attendance tracking (web & mobile)
Biometric device sync
Geo-fencing attendance
Shift & roster management
Leave policy engine — carry-forward & encashment
Holiday calendar (India + UAE)
Performance, L&D & Engagement
OKR / Goal management
Performance review cycles (360°)
Continuous feedback
Learning & development (LMS)
Employee surveys & pulse checks
Helpdesk / HR ticketing
AI & Automation
AI Decision Engine — auto-approvals & compliance risk scoring
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 & Access
Starts at ₹49/employee/month
Transparent per-employee pricing from ₹49/mo
14-day free trial, no credit card required
Mobile app (iOS & Android)
API access
Why teams switch from greytHR to Peymatrix
Modern interface
Peymatrix is built mobile-first with a clean, fast interface. Employees and HR teams can complete tasks without navigating buried menus or switching to desktop.
UAE compliance built-in
WPS, Gratuity, GPSSA pension returns, and NAFIS Emiratization filings — all handled in the same account as your India payroll.
AI automation
The AI Decision Engine automatically approves routine requests, detects payroll anomalies before the run, and answers natural-language HR queries.
Full performance management
OKRs, 360° reviews, continuous feedback, and succession planning — included without needing a separate tool.
Learning & development
Built-in LMS for course assignments and learning paths — no additional subscription needed.
Per-employee pricing
Pay ₹49/employee/month for exactly the headcount you have. No flat tiers that charge for unused capacity.
Try Peymatrix free for 14 days
No credit card required. Modern HR with India and UAE compliance, performance management, L&D, and AI automation.