Compare PENFAX and PX3000 - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - PENFAX or PX3000?

PENFAX is more expensive to implement (TCO) than PX3000, and PX3000 is rated higher (90/100) than PENFAX (72/100).

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. Penad Pension Services

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 ...

Penad Pension Services: Founded in 1983, Penad is Canada’s pension administration specialist and a leading supplier of pension and benefit software systems to employers, financial institutions, and governments around the world. Penad takes care of the pension needs of plan sponsors across Canada and internationally with first-tier plan administration, consulting and ac...

Who is more expensive? PENFAX or PX3000?

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 PX3000.

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. PX3000 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.

Bottom line: PENFAX cost is around the same cost of PX3000.

Which software includes more/better features?

We've compared PENFAX Vs. PX3000 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.

PX3000: We are still working to collect the list of features for PX3000.

Target customer size

Customers of the software include businesses of all sizes and a diverse range of types. and PX3000's target customer size include: Small, medium and large size businesses.