> Quick answer (April 2026): > > - Payroll tools with configurable leave policy logic reduce leave encashment mistakes. > - Typical pricing in SMB plans ranges around ₹40–₹90 per employee/month. > - Manual encashment calculations are error-prone; software with audit flow is safer. >
2026 Pricing & Feature Comparison Matrix
| Software | Best For | Starting Price (PEPM) | Leave Encashment Logic | Correction Workflow | Notes |
|---|---|---|---|---|---|
| greytHR | SMB payroll stability | ₹50–₹80 | Yes | Strong | Good for monthly consistency |
| Keka | Growth-stage teams | ₹60–₹100 | Yes | Good | Better manager UX |
| factoHR | Attendance-heavy teams | ₹45–₹85 | Yes | Good | Strong attendance linkage |
| Spine HR Suite | Ops-first payroll teams | ₹50–₹90 | Yes | Strong | Compliance-led setup |
| HROne | Mid-market SMBs | ₹50–₹90 | Plan-based | Good | Balanced HR/payroll fit |
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