Shlomi Lavi /
Apr 28, 2022
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Bottom Line: Which is Better - Paychex Flex or Optimum Solutions?
Paychex Flex is more expensive to implement (TCO) than Optimum Solutions, and Optimum Solutions is rated higher (92/100) than Paychex Flex (85/100). Paychex Flex offers users more features (8) 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:
Paychex, Inc. Vs. Optimum 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...
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...
Who is more expensive? Paychex Flex or Optimum Solutions?
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 Optimum Solutions.
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. Optimum Solutions price starts at $10,000 per license , When comparing Optimum Solutions to its competitors, the software is rated 4 - lower than the average Payroll software cost.
Bottom line: Paychex Flex is more expensive than Optimum Solutions.
Which software includes more/better features?
We've compared Paychex Flex Vs. Optimum Solutions 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.
Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.
Target customer size
The software is a viable solution for businesses of all sizes and a variety of types. and Optimum Solutions's target customer size include: Medium and large size businesses.