Compare Paychex Flex and Paycom payroll Services - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - Paychex Flex or Paycom payroll Services?

Paychex Flex is more expensive to implement (TCO) than Paycom payroll Services, and Paychex Flex is rated higher (85/100) than Paycom payroll Services (81/100). Paycom payroll Services offers users more features (10) than Paychex Flex (8).

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. Paycom payroll Services

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...

Paycom payroll Services: Regardless of the complexity of your current processes, we can streamline payroll and HR into one online application. See for yourself why Paycom’s technology has made us the fastest growing payroll company in the country.

Who is more expensive? Paychex Flex or Paycom payroll Services?

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 Paycom payroll Services.

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. Paycom payroll Services price starts at $195.67 per license , When comparing Paycom payroll Services to its competitors, the software is rated 4 - lower than the average Payroll software cost.

Bottom line: Paychex Flex is more expensive than Paycom payroll Services.

Which software includes more/better features?

We've compared Paychex Flex Vs. Paycom payroll Services 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.

Paycom payroll Services: Basic Reports, Data Import/Export, Mobile Access, Online Customer Support, Direct Deposit.

Target customer size

The software is a viable solution for businesses of all sizes and a variety of types. Customers of the software include small and medium businesses as well as large enterprises.