Shlomi Lavi /
Aug 23, 2022
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Bottom Line: Which is Better - Paychex Flex or Lightning Bolt?
Paychex Flex is more expensive to implement (TCO) than Lightning Bolt, and Paychex Flex is rated higher (85/100) than Lightning Bolt (82/100). Paychex Flex offers users more features (8) than Lightning Bolt (2).
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. Lightning Bolt Solutions, Inc.
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...
Lightning Bolt Solutions, Inc.: Lightning Bolt Solutions is the leading provider of medical staff scheduling software and solutions. Founded in 2002, our web-based physician scheduling software is used by thousands of physicians across a variety of specialties and practices.
Who is more expensive? Paychex Flex or Lightning Bolt?
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 Lightning Bolt.
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. Lightning Bolt price starts at $61 per month , When comparing Lightning Bolt to its competitors, the software is rated 2 - much lower than the average Payroll software cost.
Bottom line: Paychex Flex is more expensive than Lightning Bolt.
Which software includes more/better features?
We've compared Paychex Flex Vs. Lightning Bolt 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.
Lightning Bolt: Scheduling, Medical.
Target customer size
The software is a viable solution for businesses of all sizes and a variety of types. The typical customers of lightning bolt are hospitals and health practices.