Venture Center Achieves 75% Faster Payroll and 40% Leaner HR Operations with greytHR

75% faster payroll

40% HR workload reduction

Near-zero payroll & tax errors

About Venture Center

Industry - Technology business incubator

Total - Employees 68+

Headquarters - Pune, Maharashtra

Venture Center is a national award-winning deep-tech business
incubator, founded in 2007 and approved by the Ministry of
Science and Technology, Government of India. The center
nurtures knowledge-based enterprises, with a focus on startups
in healthcare, energy, IoT, and data analytics. Hosted by
CSIR–National Chemical Laboratory in Pune, Venture Center has
successfully incubated over 80 startups.

Challenges Before greytHR

As Venture Center scaled, its manual HR processes began to face limitations. Their existing system struggled to keep pace with a growing team and a distributed, dynamic ecosystem.

Leave Management

Leave management through emails and spreadsheets caused poor visibility and tracking errors.

The Shift to greytHR: Improving Efficiency and Reducing Workload

With a growing team and a global footprint, Teyro Labs sought a future-ready HR solution that would scale
with its ambitions and ensure smooth, compliant operations right from day one. greytHR delivered exactly that.

By adopting greytHR, Teyro Labs unified its core HR functions: attendance, leave, and payroll into a single
platform. This improved data accuracy, simplified report generation, and made leave management more
efficient. Employees could easily track their leave balances and request time off without relying on HR, freeing
up valuable time across the team.

This move to a unified HR solution boosted operational efficiency, reduced manual effort, and enhanced the
overall employee experience.

Benefits Experienced After Implementing greytHR

50% Faster Payroll

Payroll processing time was reduced from 1.5 days to 0.75 day per month. Automation replaced spreadsheets with in-built calculations, real-time data sync, and one-click processing. This cut errors and effort across the payroll cycle.

75% Faster Reports

Monthly report generation once took half a day due to scattered data sources. With consolidated records on greytHR, reports are now ready in under an hour—freeing up time for review, insights, and strategic action.

40% Reduction in Routine HR Work

Admin load was reduced from 5 to 3 working days/week by digitizing leave approvals, payslip distribution, and attendance adjustments.

50% Fewer Compliance Corrections

greytHR’s auto-validation flagged discrepancies early, cutting monthly payroll compliance corrections by 50%. This saved time and improved accuracy without manual intervention.

58% Drop in Employee Queries

With self-service access via greytHR’s ESS portal, employees could retrieve payslips and manage leave independently. As a result, the number of routine queries directed to HR fell by 58%, saving the team 0.5 working day per week and allowing more time for strategic priorities.

67% Faster Onboarding

Manual onboarding took 3 days. With greytHR’s digital workflows and employee self-service, this was brought down to 1 day.

The greytHR platform is incredibly easy to use, andwe’ve experienced significant time savings in payroll processing. A special mention goes to the greytHR implementation team, who patiently guided each HR member until they were confident using the platform. It truly felt like they were part of our team, solving even
the smallest of issues.

Rohit JoshiHead - People & Community Development, Venture Center

greytHR has been a critical enabler in modernizing Venture Center’s HR processes. With efficiency
gains, reduced errors, and improved employee experience, the organization is now equipped to
support future growth and continue nurturing innovation at scale.