Zimyo Review 2024: Does it Beat Other HR and Payroll Software?
September 05 2024
Are you considering investing in Zimyo? It is a good choice for Indian businesses with at least 40 employee teams. However, affordability often becomes a critical factor to consider, especially for startups and SMEs.
Its basic plan starts from ₹80/user/month and restricts important features such as employee onboarding and offboarding, expense management, benefits management, etc. Zimyo also charges add-on costs for essential features like Timesheets. Some existing users also call this tool slow and complicated.
Before you invest in Zimyo, you must read a detailed Zimyo review. And this article is precisely that. By the end of this blog post, you should be able to make a final call on whether you want to invest in Zimyo or you would consider a Zimyo alternative.
Let’s get started.
TL;DR
Zimyo is an AI-backed HRMS platform offering HR, payroll, and leave/attendance management software.
It's suitable for businesses with 40+ employees, with pricing starting at ₹80/user/month for the Basic plan.
Zimyo's pricing may not be ideal for startups due to feature restrictions and additional costs for essential features.
User reviews highlight good customer support but note speed and interface complexity issues.
Craze is a more startup-friendly alternative that offers per-user pricing without feature restrictions.
What is Zimyo?
Zimyo is an AI-backed HRMS platform. In this post, we will be reviewing Zimyo’s top products:
HR software: Zimyo’s HR software includes several use cases, including onboarding and offboarding employees, managing their documents and workflows
Payroll software: Zimyo’s payroll software automates payroll calculation by staying compliant with legal aspects
Leave and attendance software: Zimyo captures real-time employee attendance and streamlines the leave management process to save time and money.
Comprehensive Overview of Zimyo Features
In this section, we will break down the features offered by each Zimyo product in detail:
Zimyo core HR software
Zimyo’s HR software offers the following features:
A complete visibility over employees’ details that includes organisational hierarchy, employee profiles, roles and permissions
Digital document management, centralised employee databases and detailed reports
Cross-departmental collaboration and employee engagement activities like polls, announcements, and surveys
Automated approval workflows and email notifications on the latest updates
An employee help desk to address their queries and track support tickets till they are resolved
Automated onboarding and offboarding of employees
Zimyo payroll software
Zimyo’s payroll software offers the following features:
Automated TDS, PF and ESIC computation
Settle and manage employee expenses without any paperwork
Automated salary disbursement through digital payment methods by configuring compliances
Simple payroll calculation with fixed and variable deductions and arrear calculations
Personalised benefits management, including salary advances, insurance coverage, personal loans, etc.
Zimyo leave and attendance management software
Zimyo’s leave and attendance management software offers the following features:
Configuring customised leave policies and creating different leave types
Manage your team’s leaves, attendance, and overtime within the same dashboard for visibility
Enable Geo-fencing to track employees’ attendance and real-time locations for marking attendance
Create custom-made leave reports to conduct workforce planning
Our Take on Zimyo’s Pricing: Does it Fit a Startup’s Budget?
Let us now break down Zimyo's pricing plans to analyse whether they match startups’ budgets.
Zimyo offers three pricing plans: Basic, Standard, and Enterprise. All plans are applicable for businesses with a minimum of 40 employees.
Basic plan: Zimyo Basic plan will cost you ₹80/user/month. It provides access to features like employee management, time & attendance, leave management, document management roles and permission, etc. This plan also provides access to payroll features such as automated payouts, statutory compliance, and payroll for multiple entities.
However, this plan does not include access to essential features like automated employee onboarding and offboarding, a helpdesk, or custom reports.
Standard plan: Zimyo’s Standard plan costs ₹120/user/month and provides access to automated approval workflows like onboarding and offboarding, analytics and custom reports, employee recognition activities, two-factor authentication, timezone management, geo-fenced attendance, and more.
However, the Standard plan doesn’t provide access to expenses and benefits management, performance reviews, global payroll, etc.
Enterprise plan: Zimyo’s Enterprise plan costs ₹200/user/month. In addition to all the features available in the Basic and Standard plans, it provides access to expense management, vendor management, petty cash management, single sign-on integration, performance reviews and OKR, global payroll compliance, and set-up.
Note that features like Recruitment and Timesheets are not accessible even in the Enterprise plan. These add-on features will cost you ₹2,500/user/month and ₹50/user/month respectively.
Is Zimyo pricing apt for startups and growing businesses?
Zimyo’s pricing plans are not appropriate for startups and SMEs. Here is why:
Zimyo is suitable for businesses with a minimum of 40 employees. For startups and SMEs starting their journeys, teams can be as small as only five members. Therefore, for startups with small teams, Zimyo will not be an option
Startups usually have restricted budgets, so they look for HRMS platforms offering optimum investment returns. However, by investing in Zimyo’s Basic plan, startups won’t get access to critical features like onboarding and offboarding workflows, helpdesk, custom reports, etc.
Even though a startup opts for the Standard plan, access to some features will remain restricted. This includes expense and benefit management, performance review, etc. On the other hand, the Enterprise plan is costly and unnecessary as, in the beginning days, startups hardly required a global payroll setup. In fact, for a critical feature like Timesheets, they will need to spend an additional amount of ₹50/user/month
Startups, SMEs, and growing businesses prefer an HRMS platform that doesn’t gate any features and charges on a per-user per-month basis. They also prefer software that doesn’t have any minimum commitments and is scalable so the business can continue to use it irrespective of its team size.
Wondering if such a software even exists?
It surely does enter Craze. Craze’s pricing plans are carefully designed for startups and SMEs. Here’s why it is apt for startups:
There are no minimum commitments in Craze’s pricing structure. You may have a team of five or fifty employees, and Craze is equally valuable to both
Craze charges per user per month, and its Growth plans for Core HR (Mandatory), Leave management, and Attendance management software will cost you ₹40/user/month.
For Payroll software, the price is ₹60/user/month. And in this affordable plan, you will get access to all features, be it automated payroll, timesheets, onboarding and offboarding workflows, and you name it! Craze doesn’t charge you any add-on amounts for any of the featuresCraze has a separate plan for Enterprises with over 100 employees. Under this plan, you will get custom-made features and pricing
User Feedback: Are Zimyo Users Happy with this Software?
An honest Zimyo review is complete with assessing what existing customers of this tool have to say. We did some digging across Capterra, G2 and Software Suggest to understand what customers like and dislike about Zimyo.
Zimyo positive reviews
Question: What do you like about Zimyo?
Pridhi - “Payroll, leave management, attendance management” Source
Arpana - “This Software Is Good As It Has All The Features In One Platform, And The Customer Support Service Is Very Good, Helpful And On Time.” Source
Arpana - “We've been using Zimyo for three months to manage attendance, work anniversaries, birthday wishes, and payroll. The platform has been efficient and user-friendly. Overall, Zimyo has greatly simplified our HR processes.” Source
Zimyo negative reviews
Question: What do you dislike about Zimyo?
Arpana - “The Least Liking Feature Is Configuration Of Anything, It's Bit Complicated.” - Source
Anurag M. - “Some bugs are still there which sometimes freezes the screen and results in difficult situations and complexities sometimes.”- Source
Mayukh - “Integrating third-party applications can be smoother, and enhancing the mobile app's functionality would benefit users. Streamlining the onboarding process for new users and offering more customisable reporting options.” - Source
Aastha A. - “Speed is a bit slow sometimes, and it takes a while to get used to the interface.” - Source
Overall verdict of Zimyo
Core HR software
Pros: Responsive customer support.
Cons: It is often slow, and the user interface is complicated.
Leave and attendance software
Pros: Efficient and user-friendly
Cons: Configuring anything often gets complicated.
Claim and payroll software
Pros: Useful and simplifies HR processes.
Cons: Integrating third-party applications and creating custom reports are complicated.
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Final Verdict based on Zimyo Reviews
Based on our analysis of Zimyo’s features and users’ feedback, our final verdict of the tool is:
Zimyo is perfect for mid-sized businesses and enterprises with over 40 employees, ready to invest at least ₹200/user/month to avail of the advanced features.
However, it is not suitable for startups with fewer than 40 employees who are looking for affordable HR and payroll software without feature lock-ins. This is when you should learn about the Zimyo alternatives.
5 Zimyo Alternatives for Startups in India
Craze
GreytHR
GreytHR solves repetitive HR approval workflows and is suitable for medium to large businesses.
Keka
Keka is one of the oldest HRMS platforms in India. It is suitable for medium-sized businesses and scale-ups.
RazorpayX Payroll
RazorpayX Payroll automates payroll operations end-to-end for both startups and enterprises.
HRMantra
HRMantra is an AI-powered HR and payroll software for medium to large businesses.
Conclusion
Zimyo is undoubtedly one of the best HRMS platforms available in India for enterprises. It is an efficient, easy-to-use platform with an outstanding customer support team. However, in this article on Zimyo review, we explained how Zimyo’s pricing plans are unsuitable for startups as they are costly and have limited access to advanced features.
We have also discussed some of the Zimyo alternatives in this article, and our top preference goes to Craze. Not because we are biased, but Craze’s reasonable pricing plans and the fact that it doesn’t gate any features make it a perfect choice for Indian startups like Aeroleap, SalesUp, Needibay, Integration Labs, and Findr, among many others.
Craze is perfect for you if:
You are a growing startup trying to build people operations from scratch
You are seeking software that doesn’t limit features and offers startup-proof pricing
You need an active support team that’s always ready to help
Want to see Craze in action?
FAQs
What types & sizes of businesses benefit most from using Zimyo?
Zimyo is best suited for mid-sized businesses and enterprises with over 40 employees who can afford to invest at least ₹200/user/month for advanced features. It's not ideal for startups or small teams under 40 employees.
Is immediate support available with Zimyo?
Zimyo has responsive customer support, which the existing users appreciate.
Does Zimyo include features for payroll and compliance management?
Yes, Zimyo offers payroll software with features like automated TDS, PF and ESIC computation, automated salary disbursement, and compliance configuration. The Basic plan includes automated payouts and statutory compliance.
Is there a mobile app available for Zimyo?
Yes, Zimyo has a mobile application.
