Shlomi Lavi /
Dec 12, 2022
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Bottom Line: Which is Better - MyPayrollHR or Optimum Solutions?
Optimum Solutions is more expensive to implement (TCO) than MyPayrollHR, and Optimum Solutions is rated higher (92/100) than MyPayrollHR (25/100). MyPayrollHR offers users more features (5) than Optimum Solutions (3).
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:
MyPayrollHR.com Vs. Optimum Solutions, Inc.
MyPayrollHR.com: Our internet payroll solution marries a powerful and intuitive web-based human resource and payroll software application with the convenience of services typically offered by payroll outsourcing providers.
Designed exclusively for growing companies that have outgrown their small business payroll service but want to retain the benefits of outsour...
Optimum Solutions, Inc.: Optimum Solutions, Inc. is a software development company providing Payroll, Human Resources, and Time & Attendance software for both the IBM iSeries (AS/400) and Microsoft Windows platforms or in the cloud.
Optimum Solutions' mission is to help businesses pay and manage their personnel by providing reliable and fairly priced state-of-the-art so...
Who is more expensive? MyPayrollHR or Optimum Solutions?
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 MyPayrollHR and Optimum Solutions.
MyPayrollHR price starts at $40 per month , On a scale between 1 to 10 MyPayrollHR is rated 2, which is much lower than the average cost of Payroll software. Optimum Solutions price starts at $10,000 per license , When comparing Optimum Solutions to its competitors, the software is rated 4 - lower than the average Payroll software cost.
Bottom line: Optimum Solutions is more expensive than MyPayrollHR.
Which software includes more/better features?
We've compared MyPayrollHR Vs. Optimum Solutions based on some of the most important and required Payroll features.
MyPayrollHR: Payroll, Human Resources, Direct Deposit, W-2 Preparation, Wage Garnishment.
Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.
Target customer size
The software is a useful solution for small and medium businesses as well as large enterprises. and Optimum Solutions's target customer size include: Medium and large size businesses.