Compare HRTrace and TurboTax - Oct 2022

Shlomi LaviShlomi Lavi / Oct 20, 2022

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Bottom Line: Which is Better - HRTrace or TurboTax?

TurboTax is more expensive to implement (TCO) than HRTrace, and TurboTax is rated higher (94/100) than HRTrace (25/100). HRTrace offers users more features (5) than TurboTax (4).

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. Intuit

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?

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Who is more expensive? HRTrace or TurboTax State?

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 TurboTax State.

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. TurboTax State price starts at $60 per license , When comparing TurboTax State to its competitors, the software is rated 2 - much lower than the average Small Business Payroll software cost.

Bottom line: HRTrace cost is around the same cost of TurboTax State.

Which software includes more/better features?

We've compared HRTrace Vs. TurboTax 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.

TurboTax State: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099.

Target customer size

HRTrace's typical customers include: SMBs, TurboTax State is suitable for anyone that file tax returns.



HRTrace

ITQlick rating
(5/5)

starts at $4 per month

HRTrace is a growing cloud-based Benefits Administration software, it is designed to support small and medium size business. HRTrace received a rating of 5 from ITQlick team. The software cost is considered aff...

Categories: Business tax, Personal tax, Tax Preparation, Data Analysis Tools.

TurboTax

ITQlick rating
(4/5)

starts at $60 per license

TurboTax is a cloud-based corporate tax solution designed to help the user receive their maximum tax refunds for State and Federal tax returns, and that targets small and medium-sized businesses.

Categories: Accounting & Finance, Business tax, Personal tax.

Compare specifications

Compare features

HRTrace: 5 Features

Employee Self-Service
Payroll
Benefits Administration
Data Analysis Tools
Wage Garnishment

TurboTax State: 4 Features

Business Owner / Self Employed
Income Tax Prep
Investment and Rental Property
Payroll/1099
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
HRTrace
ITQlick rating
5/5
Score
25/100
Pricing
2.6/10
License pricing
$4 per month
Functionality
14
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
Patriot ...
ITQlick rating
4.8/5
Score
92/100
Pricing
3/10
License pricing
$10 per month
Functionality
16
ZenPayroll
ITQlick rating
3.4/5
Score
92/100
Pricing
4.4/10
License pricing
$39 per month
Functionality
11
Clarity ...
ITQlick rating
3.3/5
Score
90/100
Pricing
4.2/10
License pricing
Pricing not available
Functionality
6

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.