Compare Namely vs Optimum Solutions

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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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Namely
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.8/10
License pricing license pricing (if provided by the software vendor)
$49 per license
Hosting
On premise and Cloud
Functionality score
22
Fit small business
Fit medium business
Fit large business
Software review
Optimum
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5/10
License pricing license pricing (if provided by the software vendor)
$10,000
Hosting
On premise
Functionality score
14
Fit small business
Fit medium business
Fit large business
Software review
Kronos
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
98/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$6 per user/month
Hosting
On premise and Cloud
Functionality score
32
Fit small business
Fit medium business
Fit large business
Software review
BambooHR
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$6 per user/month
Hosting
On premise and Cloud
Functionality score
27
Fit small business
Fit medium business
Fit large business
Software review
Workday
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6/10
License pricing license pricing (if provided by the software vendor)
$100 per user/year
Hosting
On premise and Cloud
Functionality score
3
Fit small business
Fit medium business
Fit large business
Software review

Namely Vs. Optimum Solutions: Which is better?

Shlomi Lavi / Apr 15, 2020

Looking for the right Human Resources 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.

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 software for payroll, human resources, and time and attendance. Optimum provides companies with dedicated, knowledgeable, and ethical experts who respond quickly, accurately and efficiently to any need. These qualities make Optimum Solutions shine as a true industry leader in the payroll, HR, and time & attendance software field.

Pricing/cost comparison

The real cost of Human Resources 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 Optimum Solutions 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 Human Resources software. Optimum Solutions price Starting from $10,000 , when comparing Optimum Solutions to their competitors, the software is rated 4 - lower than the average Human Resources software cost.

Bottom line: Namely is more expensive than Optimum Solutions.

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. Optimum Solutions based on some of the most important and required Human Resources features.
Namely: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management, Employee Time Clock, FMLA Tracking, Overtime Tracking, ..
Optimum Solutions list of features include the following: Applicant Tracking, Payroll Tax Management, Time management, .

Target customer size

Namely's typical customers include: Small business, Medium business, and Optimum Solutions's target customer size include: Medium business, Large business.

Namely

ITQlick rating
(4.1/5)

Starting from $49 per license

Namely is a human capital management solution for businesses of all sizes. Its capabilities include workflow management, profile management, document management, calendar management, and others. The sof...

Categories: Human Resources, Attendance Tracking, Benefits Administration, Employee Engagement, Employee Recognition.

Optimum Solutions

ITQlick rating
(4.5/5)

Starting from $10,000

Optimum HRIS is a cloud-based and on-premise human resource and payroll software that offers HR, payroll, as well as time and attendance management features. Optimum solutions provide a payroll module that enab...

Categories: Human Resources, Attendance Tracking, Compensation Management, Travel Management, Payroll.

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Compare specifications

Namely Specifications

Name: Namely
Company: Namely
Address 45 W 34th St, New York, NY, United States
Website:https://www.namely.com/
Platforms: Cloud

Compare features

Namely: 8 Features

Dashboard
Talent Management
Payroll
Employee Scheduling
Absence Management
Employee Time Clock
FMLA Tracking
Overtime Tracking

Optimum Solutions: 3 Features

Applicant Tracking
Payroll Tax Management
Time management