Shlomi Lavi /
Mar 02, 2022
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Bottom Line: Which is Better - COBRAGuard or PX3000?
PX3000 is more expensive to implement (TCO) than COBRAGuard, and PX3000 is rated higher (90/100) than COBRAGuard (62/100).
Looking for the right Benefits Administration solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
COBRAGuard Vs. Penad Pension Services
COBRAGuard: Founded in 2001, COBRAGuard is the industry’s most innovative choice for quality, cost-effective, Web-based COBRA administration. Many employers operate with leaner human resource departments than they did five years ago. Yet with healthcare reform, COBRA administration is more complex than ever before. It’s easy to understand why many employers fi...
Penad Pension Services: Founded in 1983, Penad is Canada’s pension administration specialist and a leading supplier of pension and benefit software systems to employers, financial institutions, and governments around the world.
Penad takes care of the pension needs of plan sponsors across Canada and internationally with first-tier plan administration, consulting and ac...
Who is more expensive? COBRAGuard or PX3000?
The real total cost of ownership (TCO) of Benefits Administration software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for COBRAGuard and PX3000.
COBRAGuard price starts at $39.95 per month , On a scale between 1 to 10 COBRAGuard is rated 4, which is lower than the average cost of Benefits Administration software. PX3000 accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 COBRAGuard is rated 4, which is lower than the average cost of Benefits Administration software.
Bottom line: PX3000 is more expensive than COBRAGuard.
Which software includes more/better features?
We've compared COBRAGuard Vs. PX3000 based on some of the most important and required Benefits Administration features.
COBRAGuard: We are still working to collect the list of features for COBRAGuard.
PX3000: We are still working to collect the list of features for PX3000.
Target customer size
The software is a suitable product for small and medium businesses as well as large enterprises. and PX3000's target customer size include: Small, medium and large size businesses.