Both Paychex and Razorpay are leading payroll software solutions, but which one is better for you and your business?
Below we compare Paychex and Razorpay across nearly 50 different data points to help you make find the right one.
Paychex vs Razorpay Reviews
Paychex | Razorpay | ||
Trustpilot Rating | 1.2 | 2.1 | |
Number of Trustpilot Reviews | 233 | 322 | |
iPhone App Rating | 4.8 | 4 | |
Number of iPhone App Reviews | 411200 | 12 | |
Android App Rating | 3.8 | 0 | |
Number of Android App Reviews | 29400 | 0 |
Paychex vs Razorpay Pricing
Paychex | Razorpay | |
Free Trial | n/a | Yes |
Free Trial Length | n/a | n/a |
Cheapest Plan Name | Essentials | Free Plan |
Cheapest Plan Cost Per Month | $By request | $n/a |
Mid Priced Plan Name | Select | n/a |
Mid Priced Plan Cost Per Month | $By request | $n/a |
Top Plan Name | Pro | Pro Plan |
Top Plan Cost Per Month | $By request | $36.02 |
Paychex vs Razorpay Features
Features | Paychex | Razorpay |
Target Business Size | Enterprise | Mid size business |
Unlimited Payrolls | ✘ | ✘ |
Automated Tax Filing & Payments | ✔ | ✘ |
E-sign I-9 & W-4 | ✘ | ✘ |
Live Customer Support | ✘ | ✘ |
Third-Party Integrations | ✔ | ✔ |
Ability To Manage Employee Benefits | ✔ | ✘ |
Employee Access To Platform | ✔ | ✔ |
Direct Deposit | ✔ | ✘ |
Expense Reimbursement | ✘ | ✔ |
Time Off Accrual | ✔ | ✘ |
Pre-Tax Deductions | ✔ | ✘ |
Wage Garnishment | ✔ | ✘ |
Background Checks | ✔ | ✔ |
Check Printing | ✔ | ✘ |
Check Delivery | ✔ | ✘ |
API | ✔ | ✔ |
Paychex Essentials Features
- Payroll Processing
- Taxpay® Payroll Tax Administration with W-2/1099
- Employee Pay Options
- Garnishment Payment Service
- Employee Self-Service and Mobile Experience
- Financial Wellness and Cashflow Assistance
- Employee Onboarding
- HR Library
- Analytics and Reports Center
- New Hire Reporting
- Labor Posters
Razorpay Free Plan Features
- Payroll Calculation
- Payslip Generation
- Direct Salary Payment
- One-Time Adjustments
- Salary Advance
- Salary Register
- Expense Management/Reimbursements
- Contractor Payments
- Compliance Calculation (PF, PT, TDS, ESI)
- Custom Salary Structures
- Email Notifications
- Email Support
Paychex Pro Features
- Payroll Processing
- Taxpay® Payroll Tax Administration with W-2/1099
- Employee Pay Options
- Garnishment Payment Service
- General Ledger Service
- Employee Self-Service and Mobile Experience
- Financial Wellness and Cashflow Assistance
- Learning Management System1
- Employee Onboarding
- HR Library
- Employee Handbook Builder
- Pre-Employment Screening
- Analytics and Reports Center
- New Hire Reporting
- Labor Posters
- State Unemployment Insurance Service
- Workers’ Compensation Payment Service2 or Report Service
- General Ledger Integrations
Razorpay Pro Plan Features
- Payroll Calculation
- Payslip Generation
- Direct Salary Payment
- One-Time Adjustments
- Salary Advance
- Salary Register
- Expense Management/Reimbursements
- Contractor Payments
- Compliance Calculation (PF, PT, TDS, ESI)
- Compliance Payment & Filing
- Form 16 Generation ITR Filing
- Custom Salary Structures
- Backend Support for Bulk Onboarding for employees
- Bulk Upload for Contractor Payments, One Time Payments, Salary Advances, Additions/Deductions, Employee Dismissals, Custom Salary Structures
- Customizable Reports
- Customizable Roles & Permissions
- API & Webhooks
- Third-party integrations (HRMS, Flexible Benefits, Health Insurance and more)
- Investment Proof Verification
- Flexible Benefits Setup and Payment
- Health Insurance
- Performance Management
- Basic Attendance
- Leaves
- Bulk Attendance Upload
- Biometric Attendance
- Shifts
- Timesheets
- Email Notifications
- Payslips on WhatsApp & Slack
- Reimbursement Claims on WhatsApp & Slack
- Salary Account
- ITR Filing for Employees
- Background Verification
- Email Support
- Chat Support
Paychex vs Razorpay Pro & Cons
Paychex | Razorpay | |
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