Keka alternative
Looking for a Keka alternative? Try Peymatrix.
Peymatrix is an AI-native HR and payroll platform built for India and UAE. Full compliance, transparent per-employee pricing, and a 14-day free trial with no credit card required.
What Peymatrix includes
India Payroll & Compliance
EPF / PF calculation (statutory)
EPF ECR 2.0 export — basic salary wage base per EPFO spec
ESI calculation & challan
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 slabs (state-wise) — editable admin UI, no code deploy needed
Investment declaration (80C, HRA, etc.) feeds live payroll TDS
Proof of Investment (POI) workflow — employee upload, HR/Finance approval, auto-sync to TDS
Conditional Pay Rules — DSL-based component amounts per shift, location, attribute
Sales Commission engine — tiered plans, accelerators, per-record approval
Loan management (personal, education, housing, emergency) + separate Salary Advance flow
Full & Final settlement
Arrears & salary revision history with per-revision currency
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 (Emirates ID as identifier)
NAFIS quarterly Emiratization return — Federal Decree-Law 6/2023
Multi-currency payroll (AED)
Sponsorship / visa type tracking
Core HR & Employee Management
Employee database, profiles & documents
Onboarding workflows
Employee Groups — flexible cohorts for policy targeting (e.g. all engineers, all India staff)
Attribute Change Request workflow — employees submit profile changes, HR approves with audit trail
Letter Templates — rich-text editor with variables, page layout, header/footer, version history
Document management with e-sign
Document Series — auto-numbering for payslips, offer letters, separation letters with custom prefixes
Org chart & hierarchy
Offboarding & exit management
Asset management with cost-center tagging
Succession planning
Finance & GL Integration
Cost Centers master with budgets and overspend alerts
Per-cost-center spend dashboard (payroll + assets + loans + expenses)
Auto-tagging — payslips, asset assignments, loans, expenses inherit employee's cost center
Chart of Accounts (COA) master with the GL hierarchy used for payroll journals
Salary Component → GL Account mapping (Basic, HRA, employer PF, gratuity, etc.)
QuickBooks, Zoho Books, Tally integrations — push journal entries on payroll publish
Tenant Email Config — bring your own SMTP for payslip and notification delivery from your domain
Attendance & Leave
Attendance tracking (web & mobile)
Biometric device sync
Geo-fencing attendance
Shift & roster management — visual weekly roster builder with bulk-assign
Attendance regularisation workflow (employee request → manager review)
Configurable pay cycles + attendance cutoff day separate from payroll run day
Leave policy engine — carry-forward & encashment
Leave Opening Balance setup for new hires and policy migrations
Notice-period leave restrictions (forbid, cap days, min balance)
Holiday calendar (India + UAE)
Performance, L&D & Engagement
OKR / Goal management
Performance review cycles (360°)
Continuous feedback
Learning & development (LMS)
Employee surveys
Engagement pulse 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 — see declared FBP vs claimed, with available balance per component
Apply for Salary Advance (interest-free, with running balance & repayment schedule)
Submit Proof of Investment documents for tax deductions
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
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
Free up to 10 employees; from ₹2,999/mo + ₹70/employee
Transparent hybrid pricing — platform fee + per-employee, published openly
14-day free trial, no credit card required
India + UAE in a single account
Transparent public pricing page
Mobile app (iOS & Android)
API access
Why teams switch from Keka to Peymatrix
Transparent per-employee pricing
Peymatrix charges a flat platform fee (₹2,999–₹6,999/mo) plus ₹70–₹110 per employee — the per-employee part scales linearly with headcount, and the platform fee keeps small teams on a complete, supported product.
No-demo free trial
Run a complete payroll cycle, test EPF/ESI calculations, and export Form 16 before committing — 14 days, no credit card, no sales call required.
Government compliance enforced, not optional
NSDL Form 24Q files are blocked until the BSR code is entered. WPS is blocked when any employee is missing an Emirates ID. Form 16 Part A includes per-quarter BSR breakdowns as required by CBDT Rule 31.
UAE compliance depth
Beyond WPS and gratuity, Peymatrix handles GPSSA pension returns for UAE nationals and generates the NAFIS quarterly Emiratization return (Federal Decree-Law 6/2023).
AI built for HR and payroll
The AI Decision Engine auto-approves routine requests, detects payroll anomalies before the run, and lets managers ask natural-language questions about their team data.
India + UAE in one account
Manage both payrolls, compliance rules, and employee profiles under one account — no separate logins or manual data syncing.
Try Peymatrix free for 14 days
No credit card required. Full access to India payroll, UAE compliance, AI automation, and all HR modules.