Paychex

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Paychex
Editions & Modules
Paychex Go
$59
per month/+$4 per employee
Paychex Flex Service
Contact sales team
Paychex Flex Enterprise
Contact sales team
Offerings
Pricing Offerings
Paychex
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeRequired
Additional Details
More Pricing Information
Community Pulse
Paychex
Features
Paychex
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Paychex
7.3
Ratings
7% below category average
Employee demographic data7.40 Ratings
Employment history9.40 Ratings
Job profiles and administration8.90 Ratings
Workflow for transfers, promotions, pay raises, etc.8.50 Ratings
Organizational charting1.00 Ratings
Organization and location management9.10 Ratings
Compliance data (COBRA, OSHA, etc.)6.70 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paychex
9.2
Ratings
14% above category average
Pay calculation9.70 Ratings
Off-cycle/On-Demand payment8.20 Ratings
Benefit plan administration8.80 Ratings
Direct deposit files9.70 Ratings
Salary revision and increment management9.20 Ratings
Reimbursement management9.60 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paychex
8.6
Ratings
7% above category average
Approval workflow8.40 Ratings
Balance details8.70 Ratings
Annual carry-forward and encashment8.50 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paychex
8.8
Ratings
9% above category average
View and generate pay and benefit information9.10 Ratings
Update personal information8.50 Ratings
View company policy documentation9.80 Ratings
View job history7.60 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Paychex
7.5
Ratings
7% below category average
Tracking of all physical assets7.50 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Paychex
7.0
Ratings
7% below category average
Report builder7.90 Ratings
Pre-built reports8.20 Ratings
Ability to combine HR data with external data5.00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Paychex
7.0
Ratings
12% below category average
New hire portal7.60 Ratings
Manager tracking tools6.30 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paychex
7.9
Ratings
2% above category average
Job Requisition Management7.80 Ratings
Company Website Posting9.40 Ratings
Publish to Social Media7.20 Ratings
Job Search Site Posting7.10 Ratings
Duplicate Candidate Prevention8.00 Ratings
Applicant Tracking8.10 Ratings
Notifications and Alerts8.10 Ratings
Best Alternatives
Paychex
Small Businesses
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
Enterprises
PeopleStrong
PeopleStrong
Score 9.9 out of 10
All AlternativesView all alternatives
User Ratings
Paychex
Likelihood to Recommend
5.5
(0 ratings)
Likelihood to Renew
9.0
(0 ratings)
Usability
8.3
(0 ratings)
Availability
7.4
(0 ratings)
Performance
7.3
(0 ratings)
Support Rating
7.3
(0 ratings)
In-Person Training
4.5
(0 ratings)
Online Training
8.3
(0 ratings)
Implementation Rating
6.5
(0 ratings)
Configurability
7.4
(0 ratings)
Ease of integration
9.1
(0 ratings)
Product Scalability
9.1
(0 ratings)
Vendor post-sale
8.9
(0 ratings)
Vendor pre-sale
9.2
(0 ratings)
User Testimonials
Paychex
Likelihood to Recommend
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
  • 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
  • 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
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
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
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
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
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
We did online training only
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Online Training
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
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
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
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
  • 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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