Corestream vs. Paychex

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Corestream
Score 0.0 out of 10
N/A
Employers have started to think more holistically about their benefits programs – beyond the 401(k) and core medical. Nowadays, kids and pets are part of the new office. Corestream helps organizations ensure their employees access benefits that protect their personal, financial, and physical wellbeing.N/A
Paychex
Score 5.3 out of 10
N/A
Paychex Flex, of Paychex' Online Payroll Services, is a cloud-based human resource management and payroll platform. Paychex offers core and specialized services, and scales to meet the needs of small businesses, SMBs, and large enterprises.
$59
per month/+$4 per employee
Pricing
CorestreamPaychex
Editions & Modules
No answers on this topic
Paychex Go
$59
per month/+$4 per employee
Paychex Flex Service
Contact sales team
Paychex Flex Enterprise
Contact sales team
Offerings
Pricing Offerings
CorestreamPaychex
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalRequired
Additional Details
More Pricing Information
Community Pulse
CorestreamPaychex
Features
CorestreamPaychex
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Corestream
-
Ratings
Paychex
7.3
Ratings
7% below category average
Employee demographic data00 Ratings7.40 Ratings
Employment history00 Ratings9.40 Ratings
Job profiles and administration00 Ratings8.90 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings8.50 Ratings
Organizational charting00 Ratings1.00 Ratings
Organization and location management00 Ratings9.10 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings6.70 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Corestream
-
Ratings
Paychex
9.2
Ratings
14% above category average
Pay calculation00 Ratings9.70 Ratings
Off-cycle/On-Demand payment00 Ratings8.20 Ratings
Benefit plan administration00 Ratings8.80 Ratings
Direct deposit files00 Ratings9.70 Ratings
Salary revision and increment management00 Ratings9.20 Ratings
Reimbursement management00 Ratings9.60 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Corestream
-
Ratings
Paychex
8.6
Ratings
7% above category average
Approval workflow00 Ratings8.40 Ratings
Balance details00 Ratings8.70 Ratings
Annual carry-forward and encashment00 Ratings8.50 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Corestream
-
Ratings
Paychex
8.8
Ratings
9% above category average
View and generate pay and benefit information00 Ratings9.10 Ratings
Update personal information00 Ratings8.50 Ratings
View company policy documentation00 Ratings9.80 Ratings
View job history00 Ratings7.60 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Corestream
-
Ratings
Paychex
7.5
Ratings
7% below category average
Tracking of all physical assets00 Ratings7.50 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Corestream
-
Ratings
Paychex
7.0
Ratings
7% below category average
Report builder00 Ratings7.90 Ratings
Pre-built reports00 Ratings8.20 Ratings
Ability to combine HR data with external data00 Ratings5.00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Corestream
-
Ratings
Paychex
7.0
Ratings
12% below category average
New hire portal00 Ratings7.60 Ratings
Manager tracking tools00 Ratings6.30 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Corestream
-
Ratings
Paychex
7.9
Ratings
2% above category average
Job Requisition Management00 Ratings7.80 Ratings
Company Website Posting00 Ratings9.40 Ratings
Publish to Social Media00 Ratings7.20 Ratings
Job Search Site Posting00 Ratings7.10 Ratings
Duplicate Candidate Prevention00 Ratings8.00 Ratings
Applicant Tracking00 Ratings8.10 Ratings
Notifications and Alerts00 Ratings8.10 Ratings
Best Alternatives
CorestreamPaychex
Small Businesses
OnPay
OnPay
Score 9.8 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
PeopleStrong
PeopleStrong
Score 9.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CorestreamPaychex
Likelihood to Recommend
-
(0 ratings)
5.5
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(0 ratings)
Usability
-
(0 ratings)
8.3
(0 ratings)
Availability
-
(0 ratings)
7.4
(0 ratings)
Performance
-
(0 ratings)
7.3
(0 ratings)
Support Rating
-
(0 ratings)
7.3
(0 ratings)
In-Person Training
-
(0 ratings)
4.5
(0 ratings)
Online Training
-
(0 ratings)
8.3
(0 ratings)
Implementation Rating
-
(0 ratings)
6.5
(0 ratings)
Configurability
-
(0 ratings)
7.4
(0 ratings)
Ease of integration
-
(0 ratings)
9.1
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(0 ratings)
Vendor post-sale
-
(0 ratings)
8.9
(0 ratings)
Vendor pre-sale
-
(0 ratings)
9.2
(0 ratings)
User Testimonials
CorestreamPaychex
Likelihood to Recommend
No answers on this topic
It's better for larger businesses (50+) with various types of pay structures. Employees need to be comfortable with technology to take advantage of the self-service features. I've struggled with the default in the state tax section; extra steps must be taken when an employee lives in a different state than they work, and we don't know where they live until after completing their profile. So we have to go into the system and make the corrections, then notify the employee to go in and complete the state-specific withholding forms and follow up to confirm they do so.
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Pros
No answers on this topic
  • It provides a well account of Retirement Plan Account Information.
  • Alerts are sent to email when there is new information to access.
  • Employee access both online and thru app.
  • Paperless options.
  • Easy and quick access to paystubs and tax forms.
  • Easy employee retirement management.
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Cons
No answers on this topic
  • When it comes to audit reports, Paychex Flex could improve on helping clients locate the correct reports for audit purposes more easily
  • When a client receives a discount, it would be helpful if the discount were automatically provided each year, or if the Paychex rep proactively reached out to the client first, versus the client having to call and request that the discount continue.
  • It would be helpful if the invoice was emailed to the client versus the client logging in to access invoices.
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Likelihood to Renew
No answers on this topic
there are a lot of competitors on the market such as BambooHR and Insperity. Paychex need to make significant improvement on their offline customer service in order to compete with the other guys. Everything is online now and timely response to customer's questions is vital. Customers won't enjoy being put on hold for 45 mins every time they have a question regarding their HSA problems
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Usability
No answers on this topic
Some things could be streamlined. For example, we could do custom options for the "add items" tab which has so many options that we never use. "Medical Pay" could be something that the system remembers for the applicable employees. Salaried employees' salaries should definitely be auto-filled. Overall the system works well but I think it could be improved to be easier to use and read.
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Reliability and Availability
No answers on this topic
We have not experienced any difficulties with unplanned outages. Notifications are always made for outages, and they do not effect normal business operations.
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Performance
No answers on this topic
Unless there is lag time within the internet, the Paychex Flex website loads exceptional fast, pages load quickly and reports that I need to print or download load quickly. If I need to create a specialized report, once I complete it I receive an e-mail telling me my report is ready to be downloaded. Changing between web pages is fast as well.
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Support Rating
No answers on this topic
Neil Williams makes this entire system work - without our direct contact with our professional advisor - this would be just like any other platform and the relationship would not have the dimension that is has. Using chat or phone support with a new person every time you need support wastes time, as generally the person you are talking to does not have an intimate knowledge of our company. By having an assigned professional representative that knows our companies, this provides a level of confidence of caring coming from the Paychex side.
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In-Person Training
No answers on this topic
We did online training only
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Online Training
No answers on this topic
It was easy to understand and follow along. I do like the informational videos that we can utilize before we opt to call in for customer service support. It has made a difference since sometimes that resolves the issue I may have had and saved myself a phone call to Paychex support.
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Implementation Rating
No answers on this topic
Implementation was very smooth. The most cumbersome task was entering the current employees into the system during initial set up, but Paychex staff handled most of that and verified against prior system reports as well as internal reports provided to ensure 100% accuracy.
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Alternatives Considered
No answers on this topic
In addition to the ones listed above, we also used BenePay, a local payroll company. We found Paychex Flex priced in the middle, with ADP the most expensive and too complicated, with many features that were unnecessary for us. We found that Paychex Flex's features and reporting to be sized right for our size (around 30 employees). Paychex Flex also offered a very reasonable service to apply for the ERTC
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Scalability
No answers on this topic
Employees can log in at home and get up to date information on their FSA balance and any medical bill reimbursements they may have uploaded. At renewal time they have the ability to make changes to their FSA or for new employees star the enrollment.
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Return on Investment
No answers on this topic
  • With Paychex Flex we have been able to improve our compliance with required documentation for new/rehires
  • Moving everyone to direct deposit and mobile clock in/out eliminated lines at punching stations and paycheck pickup stations
  • Lost checks is a thing of the past
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ScreenShots

Paychex Screenshots

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