Compare Namely and Paychex Flex - Nov 2022

Shlomi LaviShlomi Lavi / Nov 25, 2022

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Bottom Line: Which is Better - Namely or Paychex Flex?

Namely is more expensive to implement (TCO) than Paychex Flex, and Namely is rated higher (97/100) than Paychex Flex (85/100). Namely offers users more features (10) than Paychex Flex (8).

Looking for the right Human Resources 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:

Namely Vs. Paychex, Inc.

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...

Paychex, Inc.: Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company was founded in 1971 by B. Thomas Golisano with just $3,000 and a good idea – to make payroll outsourcing easy a...

Who is more expensive? Namely or Paychex Flex?

The real total cost of ownership (TCO) of Human Resources 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 Namely and Paychex Flex.

Namely price starts at $12 per employee/month , On a scale between 1 to 10 Namely is rated 6, which is similar to the average cost of Human Resources software. Paychex Flex price starts at $39 per month , When comparing Paychex Flex to its competitors, the software is rated 6 - similar to the average Human Resources software cost.

Bottom line: Namely cost is around the same cost of Paychex Flex.

Which software includes more/better features?

We've compared Namely Vs. Paychex Flex 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.

Paychex Flex: Benefits Administration, Payroll, Data Analysis Tools, Direct Deposit, W-2 Preparation.

Target customer size

Namely's typical customers include: SMBs, The software is a viable solution for businesses of all sizes and a variety of types.



Namely

ITQlick rating
(4.1/5)

starts at $12 per employee/month

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.

Paychex Flex

ITQlick rating
(4.1/5)

starts at $39 per month

Paychex Flex software is a comprehensive web-based, payroll and HR management solution tailored to cover the needs of small and medium-level organizations in any industry. The software offers the users access t...

Categories: Business tax, Data Analysis Tools, Applicant Tracking, Benefits Administration, Employee Management.

Compare specifications

Compare features

Namely: 10 Features

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

Paychex Flex: 8 Features

Benefits Administration
Payroll
Data Analysis Tools
Direct Deposit
W-2 Preparation
Wage Garnishment
Attendance Management
Multi-Location Support
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
Namely
ITQlick rating
4.1/5
Score
97/100
Pricing
6.8/10
License pricing
$12 per employee/month
Functionality
22
Review
Compare
Paychex ...
ITQlick rating
4.1/5
Score
85/100
Pricing
6.2/10
License pricing
$39 per month
Functionality
21
Gusto
ITQlick rating
4.7/5
Score
99/100
Pricing
4/10
License pricing
$39 per month
Functionality
20
Review
Workforc...
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per employee/month
Functionality
32
Workday ...
ITQlick rating
4.3/5
Score
98/100
Pricing
10/10
License pricing
$45 per employee/month
Functionality
3

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.