Compare PX3000 and iElect - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - PX3000 or iElect?

PX3000 is more expensive to implement (TCO) than iElect, and PX3000 is rated higher (90/100) than iElect (62/100).

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:

Penad Pension Services Vs. Secova

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...

Secova: At Secova we provide the entire scope of solutions to support modern employee benefits administration from online benefits enrollment and decision support to full service call center solutions, data management, ACA compliance, leave management, eligibility audits and more. Our customized solutions don’t aim to put you into a box, but build a set of...

Who is more expensive? PX3000 or iElect?

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 PX3000 and iElect.

PX3000 accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 PX3000 is rated 6, which is similar to the average cost of Benefits Administration software. iElect accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 PX3000 is rated 6, which is similar to the average cost of Benefits Administration software.

Bottom line: PX3000 is more expensive than iElect.

Which software includes more/better features?

We've compared PX3000 Vs. iElect based on some of the most important and required Benefits Administration features.

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

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

Target customer size

PX3000's typical customers include: Small, medium and large size businesses, The software is a useful solution for businesses of all sizes with backgrounds in a variety of industries.