Compare Namely vs Workforce Ready

Namely Vs. Workforce Ready: Which is better?

Shlomi Lavi / Feb 05, 2020

Looking for the right Payroll solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

Namely : Namely is the leading HR platform for the world's most exciting companies. Based in New York, the company was founded in 2012 by Matt Straz, the serial entrepreneur and former media executive. Today, Namely is in use in over 20 countries and offers a full suite of HR tools including HRIS, payroll, benefits administration and performance management. View Our Core Values or check out our blog to learn more. Namely has raised $10 million in funding from True Ventures, Lerer Ventures, Bullpen Capital, and others.

Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.

Pricing/cost comparison

The real cost of Payroll software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Namely TCO and Kronos Workforce Ready total cost to help with the total cost of ownership calculation.

Namely price Starting from $49 per license , on a scale between 1 to 10 Namely is rated 6, which is similar to the average cost of Payroll software. Kronos Workforce Ready price Starting from $6 per user/month , when comparing Kronos Workforce Ready to their competitors, the software is rated 2 - much lower than the average Payroll software cost.

Bottom line: Namely is more expensive than Kronos Workforce Ready.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Namely Vs. Workforce Ready based on some of the most important and required Payroll features.
Namely: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management, Employee Time Clock, FMLA Tracking, Overtime Tracking, ..
Kronos Workforce Ready list of features include the following: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting, .

Target customer size

Namely's typical customers include: Small business, Medium business, Kronos Workforce Ready is specifically designed for small and midsize businesses who want to automate most of their workforce management processes with great features like real-time employee data and scheduling.