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Paylocity vs Razorpay: Which Payroll Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: April 25, 2025

Both Paylocity and Razorpay are leading payroll software solutions, but which one is better for you and your business?

Below we compare Paylocity and Razorpay across nearly 50 different data points to help you make find the right one.

 

Paylocity vs Razorpay Reviews

PaylocityRazorpay
Trustpilot Rating1.82.1
Number of Trustpilot Reviews21322
iPhone App Rating4.24
Number of iPhone App Reviews2940012
Android App Rating4.20
Number of Android App Reviews447000

Paylocity vs Razorpay Pricing

PaylocityRazorpay
Free Trialn/aYes
Free Trial Lengthn/an/a
Cheapest Plan Namen/aFree Plan
Cheapest Plan Cost Per Month$n/a$n/a
Mid Priced Plan Namen/an/a
Mid Priced Plan Cost Per Month$n/a$n/a
Top Plan Namen/aPro Plan
Top Plan Cost Per Month$n/a$36.02

Paylocity vs Razorpay Features

FeaturesPaylocityRazorpay
Target Business SizeEnterpriseMid 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✔✔

Paylocity n/a Features

n/a

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

Paylocity n/a Features

n/a

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

Paylocity vs Razorpay Pro & Cons

PaylocityRazorpay
Pros
  • User Friendly
  • Saves Time
  • Customer Service
  • Easy Processes
  • User Interface
  • Payment Notification
  • Intuitive Dashboard
  • Various Payment Methods
  • Export of reports
Cons
  • Technical Issues
  • Not User Friendly
  • Customer Service
  • Need Improvements
  • Reporting Issues
  • Customer support response time
  • Reduce flat payment gateway charges
  • Add more Wallet and EMI options

Other Payroll Software Comparisons

  • Gusto vs Microkeeper
  • ADP vs Workday
  • greytHR vs UKG
  • Wagepoint vs Aruti
  • UKG vs Inova Payroll
  • Deel vs Arbonum
  • SumoPayroll vs EBS PaySuite
  • Multiplier vs Superworks
  • Deel vs Multiplier
  • Everee Payroll vs HRONE

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