Shlomi Lavi /
Mar 02, 2022
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Bottom Line: Which is Better - Smart Pensions or PX3000?
Smart Pensions is more expensive to implement (TCO) than PX3000, and PX3000 is rated higher (90/100) than Smart Pensions (52/100).
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:
Smart Pensions Vs. Penad Pension Services
Smart Pensions: Pension auto enrolment for business. The UK's fastest one-stop solution for auto enrolment. Free for businesses. 100% secure. Your company could be compliant within minutes. Sign up now.
Smart Pension was founded by experienced finance & technology professionals and has been designed specifically to support UK businesses faced with the challen...
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? Smart Pensions 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 Smart Pensions and PX3000.
Smart Pensions price starts at $1.78 per user/month , On a scale between 1 to 10 Smart Pensions is rated 6, which is similar to 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 Smart Pensions is rated 6, which is similar to the average cost of Benefits Administration software.
Bottom line: Smart Pensions cost is around the same cost of PX3000.
Which software includes more/better features?
We've compared Smart Pensions Vs. PX3000 based on some of the most important and required Benefits Administration features.
Smart Pensions: We are still working to collect the list of features for Smart Pensions.
PX3000: We are still working to collect the list of features for PX3000.
Target customer size
Smart Pensions's typical customers include: Small businesses and start ups, and PX3000's target customer size include: Small, medium and large size businesses.