Compare Optimum Solutions and Namely - Nov 2022

Shlomi LaviShlomi Lavi / Nov 25, 2022

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Bottom Line: Which is Better - Optimum Solutions or Namely?

Namely is more expensive to implement (TCO) than Optimum Solutions, and Namely is rated higher (97/100) than Optimum Solutions (92/100). Namely offers users more features (10) 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. Namely

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...

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...

Who is more expensive? Optimum Solutions or Namely?

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 Namely.

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. Namely price starts at $12 per employee/month , When comparing Namely to its competitors, the software is rated 6 - similar to the average Payroll software cost.

Bottom line: Namely is more expensive than Optimum Solutions.

Which software includes more/better features?

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

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

Namely: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management.

Target customer size

Optimum Solutions's typical customers include: Medium and large size businesses, and Namely's target customer size include: SMBs.

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.

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, Employee Recognition.

Compare specifications

Compare features

Optimum Solutions: 3 Features

Applicant Tracking
Payroll Tax Management
Time management

Namely: 10 Features

Dashboard
Talent Management
Payroll
Employee Scheduling
Absence Management
Employee Time Clock
FMLA Tracking
Overtime Tracking
Vacation Tracking
Customizable Questions
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
Namely
ITQlick rating
4.1/5
Score
97/100
Pricing
6.8/10
License pricing
$12 per employee/month
Functionality
22
Review
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.