Compare Optimum Solutions and monday.com - Feb 2023

Shlomi LaviShlomi Lavi / Feb 28, 2023

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Bottom Line: Which is Better - Optimum Solutions or monday.com?

Optimum Solutions is more expensive to implement (TCO) than monday.com, and monday.com is rated higher (98/100) than Optimum Solutions (92/100). monday.com offers users more features (35) than Optimum Solutions (3). There is a clear winner in this case and it is monday.com!

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. monday.com

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...

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Who is more expensive? Optimum Solutions or monday.com?

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 monday.com.

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. monday.com price starts at $10 per seat/month , When comparing monday.com to its competitors, the software is rated 4 - lower than the average Payroll software cost.

Bottom line: Optimum Solutions cost is around the same cost of monday.com.

Which software includes more/better features?

We've compared Optimum Solutions Vs. monday.com based on some of the most important and required Payroll features.

Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.

monday.com: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics.

Target customer size

Optimum Solutions's typical customers include: Medium and large size businesses,

Monday.



Optimum Solutions

ITQlick rating
(4.5/5)

starts at $10,000 per license

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.

monday.com

ITQlick rating
(4.7/5)

starts at $10 per seat/month

monday.com is both a cloud-based as well as an on-premise software solution that was developed mainly to assist in project and team management. The software fosters team collaboration as it connects and allows ...

Categories: Fixed Asset Management, Budgeting & CPM, Strategic Planning, Business performance management, Performance Management.

Compare specifications

Compare features

Optimum Solutions: 3 Features

Applicant Tracking
Payroll Tax Management
Time management

monday.com: 35 Features

Basic Reports
Chat
Customizable Categories
Dashboard
HR Analytics
Human Resources
Employee Onboarding
Workforce Management
Agile Project Management
Budget & Expense Management
Collaboration
Project Management
Resource Management
Task Management
Project Management
Project Collaboration
Project Planning
Project Portfolio Management
Dashboarding
Budgeting & CPM
Customer Service
Customer Relationship Management
Contract Management
Equipment Management
Project Management
Service Management
Lead Management
Expense Management
Categorizing
Collaboration Center
Team Collaboration
Lifecycle Management
Process Analysis
Business Process
IT Management
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
Optimum ...
ITQlick rating
4.5/5
Score
92/100
Pricing
5/10
License pricing
$10,000 per license
Functionality
14
Compare
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92
ADP RUN
ITQlick rating
4.5/5
Score
94/100
Pricing
2.6/10
License pricing
$59 per employee/month + $4 per employee
Functionality
18
Ascentis
ITQlick rating
4.2/5
Score
93/100
Pricing
5.8/10
License pricing
$5.40 per user/month
Functionality
32
SurePayroll
ITQlick rating
3.8/5
Score
93/100
Pricing
2.8/10
License pricing
$29.99 per month
Functionality
5

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.