Happay vs Paychex

MakeMyTrip. It agreed in November 2024 to acquire the expense management platform, brand and team from CRED, which had bought Happay in 2021.

Paychex quotes per client rather than publishing rates, and the structure typically includes a base fee plus a per employee per payroll charge with extras for year end and off cycle runs. Get the full fee schedule in writing, including what a mid year change of plan costs.

It books international travel for Indian entities, but the expense and card sides are built for Indian tax and banking and do not serve foreign entities well.

Contractually the provider generally accepts responsibility for errors it makes, but the employer remains the party the tax authorities pursue. Read the specific indemnity language rather than relying on the sales description.

It issues cards through partner banks rather than under its own banking licence, so card terms follow the partner.

Technically yes, but you must carry year to date figures across for every employee and jurisdiction, and errors there surface at year end on employee tax forms. Most businesses switch effective 1 January for that reason.

Under the professional employer organisation arrangement Paychex becomes a co-employer for tax and benefits purposes, which changes your benefits access and some of your employment administration. It costs more and it is harder to unwind, so treat it as a different decision from buying payroll.

It exports a general ledger file and connects to the mainstream accounting products. Confirm the mapping to your chart of accounts during onboarding, because a generic export means your bookkeeper recodes every run.

It will serve you, but very small employers often find the per run charges and the service tiering expensive relative to self service payroll products. The case improves once multi state complexity or benefits administration enters the picture.