Shlomi Lavi /
Apr 28, 2022
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Bottom Line: Which is Better - Paychex Flex or Workforce Ready?
Paychex Flex is more expensive to implement (TCO) than Workforce Ready, and Workforce Ready is rated higher (98/100) than Paychex Flex (85/100). Workforce Ready offers users more features (16) than Paychex Flex (8). There is a clear winner in this case and it is Workforce Ready!
Looking for the right Payroll 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:
Paychex, Inc. Vs. Kronos Incorporated
Paychex, Inc.: Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence.
The company was founded in 1971 by B. Thomas Golisano with just $3,000 and a good idea – to make payroll outsourcing easy a...
Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.
Who is more expensive? Paychex Flex or Kronos Workforce Ready?
The real total cost of ownership (TCO) of Payroll 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 Paychex Flex and Kronos Workforce Ready.
Paychex Flex price starts at $39 per month , On a scale between 1 to 10 Paychex Flex is rated 6, which is similar to the average cost of Payroll software. Kronos Workforce Ready price starts at $6 per employee/month , When comparing Kronos Workforce Ready to its competitors, the software is rated 2 - much lower than the average Payroll software cost.
Bottom line: Paychex Flex is more expensive than Kronos Workforce Ready.
Which software includes more/better features?
We've compared Paychex Flex Vs. Workforce Ready based on some of the most important and required Payroll features.
Paychex Flex: Benefits Administration, Payroll, Data Analysis Tools, Direct Deposit, W-2 Preparation, Wage Garnishment, Attendance Management, Multi-Location Support.
Kronos Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting.
Target customer size
The software is a viable solution for businesses of all sizes and a variety of types. Kronos Labor force Ready is especially developed for small as well as midsize services who wish to automate a lot of their workforce management processes with great functions like real-time staff member data as well as scheduling.