Shlomi Lavi /
Jun 12, 2022
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Bottom Line: Which is Better - Summit or PX3000?
PX3000 is more expensive to implement (TCO) than Summit, and PX3000 is rated higher (90/100) than Summit (84/100). Summit offers users more features (1) than PX3000 (0).
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:
Symphony SUMMIT Vs. Penad Pension Services
Symphony SUMMIT: Symphony SUMMIT, backed by the $2.5Bn Symphony Technology Group, is a leading provider of a private and public cloud-based IT Operations Management Solution to enterprises and service providers. Our flagship product – “SUMMIT”- is an advanced ITIL 2011 Certified solution that unifies key applications across Service Management, Asset Management, Ava...
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? Summit 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 Summit and PX3000.
Summit price starts at $40 per user/month , On a scale between 1 to 10 Summit is rated 4, which is lower than 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 Summit is rated 4, which is lower than the average cost of Benefits Administration software.
Bottom line: PX3000 is more expensive than Summit.
Which software includes more/better features?
We've compared Summit Vs. PX3000 based on some of the most important and required Benefits Administration features.
Summit: Fixed Asset Management.
PX3000: We are still working to collect the list of features for PX3000.
Target customer size
Summit's typical customers include: Small, medium and large size businesses, and PX3000's target customer size include: Small, medium and large size businesses.