Compare PENFAX and monday.com - Feb 2023

Shlomi Lavi

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Bottom Line: Which is Better - PENFAX or monday.com?

PENFAX is more expensive to implement (TCO) than monday.com, and monday.com is rated higher (98/100) than PENFAX (72/100). monday.com offers users more features (35) than PENFAX (0). There is a clear winner in this case and it is monday.com!

Looking for the right Benefits Administration 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:

JEA Vs. monday.com

JEA: We've been designing, developing and implementing defined benefit pension systems since 1979. We know pension administration. We have a deep understanding of legacy systems and what it takes to migrate to a new system. We don't get hung up on the latest trends. We prefer to focus on the business requirements at hand. Most importantly, we work ...

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Who is more expensive? PENFAX or monday.com?

The real total cost of ownership (TCO) of Benefits Administration 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 PENFAX and monday.com.

PENFAX accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 PENFAX is rated 6, which is similar to the average cost of Benefits Administration software. monday.com price starts at $10 per seat/month , When comparing monday.com to its competitors, the software is rated 4 - lower than the average Benefits Administration software cost.

Bottom line: PENFAX is more expensive than monday.com.

Which software includes more/better features?

We've compared PENFAX Vs. monday.com based on some of the most important and required Benefits Administration features.

PENFAX: We are still working to collect the list of features for PENFAX.

monday.com: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics.

Target customer size

Customers of the software include businesses of all sizes and a diverse range of types.

Monday.