Shlomi Lavi /
Aug 02, 2022
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Bottom Line: Which is Better - Paylocity or Interact HRMS?
Paylocity is more expensive to implement (TCO) than Interact HRMS, and Paylocity is rated higher (94/100) than Interact HRMS (81/100). Interact HRMS offers users more features (6) than Paylocity (0).
Looking for the right Human Resources 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:
Paylocity Vs. 2Interact, Inc.
Paylocity: At Paylocity, our mission is to elevate the profession of Payroll and Human Resources out of the back office and into the boardroom where it belongs. We do this by providing clients with the same caliber Cloud software solutions found in other critical areas such as Sales, Finance, and Operations.
One of our primary goals at Paylocity is to ma...
2Interact, Inc.: 2Interact, Inc. and its people have been in the business of Information Technology for more than 35 years. The original management and engineering staff as well as consultants still maintain partnership, employment, or consulting links with 2Interact, Inc. Initially, 2Interact was heavily involved in the development, implementation, and deployment ...
Who is more expensive? Paylocity or Interact HRMS?
The real total cost of ownership (TCO) of Human Resources 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 Paylocity and Interact HRMS.
Paylocity price starts at $5 per employee/month + $500 setup fee , On a scale between 1 to 10 Advanced HR is rated 4, which is lower than the average cost of Human Resources software. Interact HRMS price starts at $15,000 per year , When comparing Interact HRMS to its competitors, the software is rated 4 - lower than the average Human Resources software cost.
Bottom line: Paylocity cost is around the same cost of Interact HRMS.
Which software includes more/better features?
We've compared Paylocity Vs. Interact HRMS based on some of the most important and required Human Resources features.
Paylocity: We are still working to collect the list of features for Paylocity.
Interact HRMS: Benefits Administration, Employee Self-Service, HR Management, Payroll, Performance Record.
Target customer size
Customers of the software include small and medium sized businesses as well as large enterprises. Interact HRMS is designed to help mid-size and enterprise level businesses and is suitable for industries involved in finance and banking, entertainment, oil and gas and retail.