Shlomi Lavi /
Dec 12, 2022
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Bottom Line: Which is Better - Optimum Solutions or MyPayrollHR?
Optimum Solutions is more expensive to implement (TCO) than MyPayrollHR, and Optimum Solutions is rated higher (92/100) than MyPayrollHR (25/100). MyPayrollHR 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. MyPayrollHR.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...
MyPayrollHR.com: Our internet payroll solution marries a powerful and intuitive web-based human resource and payroll software application with the convenience of services typically offered by payroll outsourcing providers.
Designed exclusively for growing companies that have outgrown their small business payroll service but want to retain the benefits of outsour...
Who is more expensive? Optimum Solutions or MyPayrollHR?
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 MyPayrollHR.
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. MyPayrollHR price starts at $40 per month , When comparing MyPayrollHR to its competitors, the software is rated 2 - much lower than the average Payroll software cost.
Bottom line: Optimum Solutions is more expensive than MyPayrollHR.
Which software includes more/better features?
We've compared Optimum Solutions Vs. MyPayrollHR based on some of the most important and required Payroll features.
Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.
MyPayrollHR: Payroll, Human Resources, Direct Deposit, W-2 Preparation, Wage Garnishment.
Target customer size
Optimum Solutions's typical customers include: Medium and large size businesses, The software is a useful solution for small and medium businesses as well as large enterprises.