Razorpay vs Netchex: Which Payroll Software Is Better?

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

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

Razorpay vs Netchex Reviews

	Razorpay	Netchex
Trustpilot Rating	2.1	0
Number of Trustpilot Reviews	322	0
iPhone App Rating	4	0
Number of iPhone App Reviews	12	0
Android App Rating	0	3.5
Number of Android App Reviews	0	322

	Razorpay	Netchex
Free Trial	Yes	n/a
Free Trial Length	n/a	n/a
Cheapest Plan Name	Free Plan	n/a
Cheapest Plan Cost Per Month	$n/a	$n/a
Mid Priced Plan Name	n/a	n/a
Mid Priced Plan Cost Per Month	$n/a	$n/a
Top Plan Name	Pro Plan	n/a
Top Plan Cost Per Month	$36.02	$n/a

Features	Razorpay	Netchex
Target Business Size	Mid size business	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	✔	✔

n/a

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

n/a

	Razorpay	Netchex
Pros	Payment Notification Intuitive Dashboard Various Payment Methods Export of reports	Customer Service All In One Place User Interface Comprehensive Solution Ideal for Small Businesses
Cons	Customer support response time Reduce flat payment gateway charges Add more Wallet and EMI options	Adjustment Issues Customer Service Slow Need Improvements Customization Limitations