Compare Paychex Flex vs BambooHR

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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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Paychex
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
85/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.2/10
License pricing license pricing (if provided by the software vendor)
$200 per license
Hosting
On premise and Cloud
Functionality score
21
Fit small business
Fit medium business
Fit large business
Software review
BambooHR
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$6 per user/month
Hosting
On premise and Cloud
Functionality score
27
Fit small business
Fit medium business
Fit large business
Software review
HRM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
99/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
15
Fit small business
Fit medium business
Fit large business
Software review
Kronos
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
98/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$6 per user/month
Hosting
On premise and Cloud
Functionality score
32
Fit small business
Fit medium business
Fit large business
Software review
Namely
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.8/10
License pricing license pricing (if provided by the software vendor)
$49 per license
Hosting
On premise and Cloud
Functionality score
22
Fit small business
Fit medium business
Fit large business
Software review

Paychex Flex Vs. BambooHR: Which is better?

Shlomi Lavi / Feb 10, 2020

Looking for the right Human Resources solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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 and affordable for small businesses. From those early days with just one employee, Paychex now has more than 12,000 employees serving more than half a million small- to medium-sized businesses nationwide. With 100+ office locations across the nation, Paychex produced $2.3 billion in revenue in fiscal 2013. The company offers an ever-growing variety of payroll and human resource products and services that help clients do what they do best — run their business. With a wide range of services – including payroll processing, retirement services, insurance, and a fully outsourced human resource solution – Paychex customizes its offering to the client's business, whether it is small or large, simple or complex.

BambooHR: We're a group of hard-working and fun-loving people who are passionate about building great web-based software. Members of our team have worked for small successful companies, as well as publicly-held giants like Disney, Intuit, Intel, Novell, Omniture (an Adobe company), and HP. We're working hard to create tools that make our customers' lives better and their days brighter. Our secret master plan is to get our customers to smile every time they use our system.

Pricing/cost comparison

The real cost of Human Resources software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Paychex Flex TCO and BambooHR total cost to help with the total cost of ownership calculation.

Paychex Flex price Starting from $200 per license , on a scale between 1 to 10 Paychex Flex is rated 6, which is similar to the average cost of Human Resources software. BambooHR price Starting from $6 per user/month , when comparing BambooHR to their competitors, the software is rated 2 - much lower than the average Human Resources software cost.

Bottom line: Paychex Flex is more expensive than BambooHR.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Paychex Flex Vs. BambooHR based on some of the most important and required Human Resources features.
Paychex Flex: Benefits Administration, Payroll, Analytics, Direct Deposit, W-2 Preparation, Wage Garnishment, Attendance Management, Multi-Location Support, ..
BambooHR list of features include the following: Employee Self-Service, HR Management, Payroll, Performance Record, Software Customization, .

Target customer size

The software is a viable solution for businesses of all sizes and a variety of types. BambooHR offers its intuitive online HR software to medium and small businesses.

Paychex Flex

ITQlick rating
(4.1/5)

Starting from $200 per license

Paychex Flex software is a comprehensive web-based, payroll and HR management solution tailored to cover the needs of small and medium-level organizations in any industry. The software offers the users access t...

Categories: Business tax, Analytics, Applicant Tracking, Benefits Administration, Employee Monitoring.

BambooHR

ITQlick rating
(4.5/5)

Starting from $6 per user/month

BambooHR is an integrated, cloud-hosted human resource software solution built to serve small, medium and large enterprises. The platform is a comprehensive suite of HR functionalities that include applicant tr...

Categories: Human Resources, Applicant Sourcing, Applicant Tracking, Benefits Administration, Compensation Management.

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Compare specifications

Paychex Flex Specifications

Name: Paychex Flex
Company: Paychex, Inc.
Address 911 Panorama Trail South, Rochester, NY 14625, United States
Website:https://www.paychex.com/
Platforms: Desktop, Mobile, Cloud

BambooHR Specifications

Name: BambooHR
Company: BambooHR
Address Provo, UT
Website:https://www.bamboohr.com/
Platforms: Cloud

Compare features

Paychex Flex: 8 Features

Benefits Administration
Payroll
Analytics
Direct Deposit
W-2 Preparation
Wage Garnishment
Attendance Management
Multi-Location Support

BambooHR: 8 Features

Employee Self-Service
HR Management
Payroll
Performance Record
Software Customization
Timesheet
Applicant Tracking
Document Management