Payfit Review - why 4.7 stars?

Payfit Review
ITQlick Score: 67/100
ITQlick Rating:
Pricing: 6/10 - average cost
Category: Payroll -> Payfit review
Ranking:Ranked 39 out of 71 Payroll systems
Company: Payfit
Pricing: starts at $47.83 per feature/month
Typical customers: SMBs
Platforms: Cloud
Links: Payfit pricing, Payfit alternatives
Shlomi LaviShlomi Lavi / updated: May 14, 2022

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What is Payfit?

Payfit is a cloud-based human resources management software that is built to help organizations with the automation of their entire payroll process. The software intuitive interface helps in tracking expenses and managing accounts from a single platform. The tool also takes into account tax deductions and certain bonuses while calculating wages.

Payfit also allows these organizations to manage pension benefits for retired employees. Some of the software key features include; benefits management, employee database, payroll management and time off management. The software company is privately held and has its headquarters located in France. The company currently has an estimated workforce numbering about 50 employees.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

The cost of license starts at $47.83 per feature/month. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Payfit. You can also find here pricing information from Payfit's website.

Pros

  • This platform allows for customization of payment days and other specifics
  • There is a seamless absence approval process between admin and employees
  • Payfit saves users a large amount of time that might be spent on spreadsheets
  • Payfit is quite intuitive and user-friendly

Cons

  • Users are unable to edit previous input as regards off days
  • Admin roles are limited on the platform

How it stacks up?

Access a head to head analysis of Payfit vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Payfit
ITQlick rating
4.7/5
Score
67/100
Pricing
6/10
License pricing
$47.83 per feature/month
Functionality
8
Review
Compare
ADP RUN
ITQlick rating
4.5/5
Score
94/100
Pricing
2.6/10
License pricing
$59 per employee/month + $4 per employee
Functionality
18
SurePayroll
ITQlick rating
3.8/5
Score
93/100
Pricing
2.8/10
License pricing
$29.99 per month
Functionality
5
Ascentis
ITQlick rating
4.2/5
Score
93/100
Pricing
5.8/10
License pricing
$5.40 per user/month
Functionality
32
Optimum ...
ITQlick rating
4.5/5
Score
92/100
Pricing
5/10
License pricing
$10,000 per license
Functionality
14

Frequently Asked Questions (FAQs)

Is it the best Payroll system?

Payfit is ranked 39 out of 71 software in their category (Payroll systems).

How they are rated on ITQlick?

The rating of Payfit is 4.7 stars out of 5 and the total score is 67 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Payfit makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Payfit can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Payfit and alternatives?

The most popular alternatives to Payfit in 2024: ADP RUN, Ascentis, SurePayroll, Optimum Solutions, Millennium. Access the complete competitors analysis here - Payfit VS Payroll Software alternatives.

Is Payfit right for you or your business?

The software is tailored to meet the needs of small and medium-sized enterprises that desire to have their payroll processes fully automated. Companies and organizations in virtually any industry that have a large workforce will find the tool quite handy. GuestReady, Happn, Revolut, and Railsbank are some of the users of Payfit.

List of categories

Check Printing
Tax Preparation
Performance Management
Human Resources
Benefits Administration
Compensation Management
Employee Recognition
Payroll

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.