Compare Paychex Flex vs Paycom

Summary

Paychex Flex is a payroll software that can be suitable for both a small business owner as well as appropriately helpful for a large corporate office. The software is scalable and comes enriched with features like W-2 preparation, vacation/leave tracking, 401(k) tracking, check printing etc. It can help you in doing employees attendance management, compensation management, tax management and also deductions management. Paychex Flex software comes with a self-service portal and direct deposit facility. It automates and stores vital data pertaining to employee hiring/onboarding as well. ..show more

Paycom is a comprehensive HR and Payroll tool that allows users to transform their workplace using a single database. With the Talent Acquisition tools, users can easily find, hire, and onboard the right candidates seamlessly. The Applicant Tracking feature enables users to post to thousands of job boards at once and also filters out non-qualified applicants. It scans more than 300 million criminal records and also allows new hires to self-onboard. Through the Performance Management tool, employees can review themselves including their managers. The employers can also align the goals of employees with those of the organization. It ensures easy payroll management where employees are paid accurately and on-time, making the whole system of the organization run smoothly. The software is designed to allow managers to complete important tasks from anywhere and handle submissions, editing, and approval of working hours online. It eliminates the process of data re-entry and comes with easy customization and search options. ..show more

401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.

Attendance Tracking Helps to quickly and easily track the attendance

Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.

Check Printing Allows previewing and printing standard and customized paychecks

Compensation Management Manages employee compensation related data in an organized and automated manner

Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance

Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process

Multi-country Supports electronically transfer of payments to employees regardless of the country or state

Self Service Portal Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions

Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee.

Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt

• Quickbooks
• Xero

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Top alternatives to Paychex Flex

Paycor

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Paychex Flex