Compare Paychex Flex and BambooHR - Dec 2022

Shlomi LaviShlomi Lavi / Dec 26, 2022

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Bottom Line: Which is Better - Paychex Flex or BambooHR?

Paychex Flex is more expensive to implement (TCO) than BambooHR, and BambooHR is rated higher (97/100) than Paychex Flex (85/100). BambooHR offers users more features (11) than Paychex Flex (8). There is a clear winner in this case and it is BambooHR!

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:

Paychex, Inc. Vs. BambooHR

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 a...

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' ...

Who is more expensive? Paychex Flex or BambooHR?

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 Paychex Flex and BambooHR.

Paychex Flex price starts at $39 per month , On a scale between 1 to 10 Paychex Flex is rated 6, which is similar to the average cost of Payroll software. BambooHR price starts at $5.25 per employee/month , When comparing BambooHR to its competitors, the software is rated 2 - much lower than the average Payroll software cost.

Bottom line: Paychex Flex is more expensive than BambooHR.

Which software includes more/better features?

We've compared Paychex Flex Vs. BambooHR based on some of the most important and required Payroll features.

Paychex Flex: Benefits Administration, Payroll, Data Analysis Tools, Direct Deposit, W-2 Preparation, Wage Garnishment, Attendance Management, Multi-Location Support.

BambooHR: 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)

starts at $39 per month

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, Data Analysis Tools, Applicant Tracking, Benefits Administration.

BambooHR

ITQlick rating
(4.5/5)

starts at $5.25 per employee/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 Sources & Marketplace, Applicant Tracking, Benefits Administration, Compensation Management.

Compare specifications

Compare features

Paychex Flex: 8 Features

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

BambooHR: 11 Features

Employee Self-Service
HR Management
Payroll
Performance Record
Software Customization
Timesheet
Applicant Tracking
Document Management
Email Integration
Mobile Access
Recruiting 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
Paychex ...
ITQlick rating
4.1/5
Score
85/100
Pricing
6.2/10
License pricing
$39 per month
Functionality
21
Compare
BambooHR
ITQlick rating
4.5/5
Score
97/100
Pricing
2.2/10
License pricing
$5.25 per employee/month
Functionality
27
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.