Shlomi Lavi /
Nov 25, 2022
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
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.