Shlomi Lavi /
Oct 20, 2022
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Bottom Line: Which is Better - Optimum Solutions or HRTrace?
Optimum Solutions is more expensive to implement (TCO) than HRTrace, and Optimum Solutions is rated higher (92/100) than HRTrace (25/100). HRTrace 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:
Optimum Solutions, Inc. Vs. HRTrace
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...
HRTrace: Ever felt like taking the pain of HR manual tasks and paperwork away? Managing your staff while you enjoy a cup of coffee peacefully at home can no more be an uphill battle. Or is making sure your client pays you on time your botheration?
Who is more expensive? Optimum Solutions or HRTrace?
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 Optimum Solutions and HRTrace.
Optimum Solutions price starts at $10,000 per license , On a scale between 1 to 10 Optimum Solutions is rated 4, which is lower than the average cost of Payroll software. HRTrace price starts at $4 per month , When comparing HRTrace to its competitors, the software is rated 2 - much lower than the average Payroll software cost.
Bottom line: Optimum Solutions is more expensive than HRTrace.
Which software includes more/better features?
We've compared Optimum Solutions Vs. HRTrace based on some of the most important and required Payroll features.
Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.
HRTrace: Employee Self-Service, Payroll, Benefits Administration, Data Analysis Tools, Wage Garnishment.
Target customer size
Optimum Solutions's typical customers include: Medium and large size businesses, and HRTrace's target customer size include: SMBs.