Shlomi Lavi /
Oct 20, 2022
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Bottom Line: Which is Better - HRTrace or PX3000?
PX3000 is more expensive to implement (TCO) than HRTrace, and PX3000 is rated higher (90/100) than HRTrace (25/100). HRTrace offers users more features (5) than PX3000 (0).
Looking for the right Small Business 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:
HRTrace Vs. Penad Pension Services
HRTrace: Ever felt like taking the pain of HR manual tasks and paperwork away? Managing your staff while you enjoy a cup of coffee peacefully at home can no more be an uphill battle. Or is making sure your client pays you on time your botheration?
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? HRTrace or PX3000?
The real total cost of ownership (TCO) of Small Business 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 HRTrace and PX3000.
HRTrace price starts at $4 per month , On a scale between 1 to 10 HRTrace is rated 2, which is much lower than the average cost of Small Business Payroll software. PX3000 accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 HRTrace is rated 2, which is much lower than the average cost of Small Business Payroll software.
Bottom line: PX3000 is more expensive than HRTrace.
Which software includes more/better features?
We've compared HRTrace Vs. PX3000 based on some of the most important and required Small Business Payroll features.
HRTrace: Employee Self-Service, Payroll, Benefits Administration, Data Analysis Tools, Wage Garnishment.
PX3000: We are still working to collect the list of features for PX3000.
Target customer size
HRTrace's typical customers include: SMBs, and PX3000's target customer size include: Small, medium and large size businesses.