Paychex Flex is an all-in-one HR and payroll management solution designed for businesses of all sizes. It enables users to manage benefits, time and attendance, hiring and onboarding, and more. In this article, we cover Paychex Flex reviews and pricing. Ready to get started? Visit its website.
Paychex Flex Pricing
Paychex Flex pricing is not published on its website. However, according to third-party sources, estimated pricing is at $3,364.50 per year for 10 employees on a bi-weekly payroll, plus an additional price of $122.50 per year for 1099 and W-2 support services. Based on the same sources, Paychex charges a $200 setup fee.
Prices depend on the number of employees in a business. Users may also customize their packages and use additional services at an extra cost.
Discounts can be negotiated upon consultation with a sales representative. Interested users may contact the support team to get a free price quotation.
Ready to get started with Paychex Flex? Visit its website.
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What Is Paychex Flex?
Paychex Flex is an online human capital management solution that combines HR management, payroll processing, and benefits administration into a single platform. It aims to simplify the outsourcing of HR and payroll services by providing users with an easy-to-use, cloud-based software that can be accessed from any location. A mobile app is also available for download.
The company was founded in 1971 by B. Thomas Golasino with only $3,000 in capital. Starting with just one worker, the company now has over 14,000 employees. As of May 31, 2018, it serves approximately 650,000 payroll clients in more than 100 locations in the United States.
In 2017, Inc.com named it the Best HR Outsourcing for Small Business. Today, it continues to provide quality services to its clients by regularly introducing software updates and features to meet the growing complexity of business needs.
Aside from payroll processing, the software also boasts of a wide range of services, including insurance coverage, time and attendance monitoring, 401(k) retirement plans, and more. It even offers a Tax Pay feature to ensure that taxes are paid on time and in compliance with federal and state laws and local tax regulations.
In order to meet the HR requirements of varying business sizes, Paychex Flex provides customized payroll packages based on the number of employees. Its integrations with popular accounting platforms such as QuickBooks and Kashoo contribute to a highly comprehensive HR system.
Summary of Positive Paychex Flex Reviews
Users who gave Paychex Flex a positive review said that the software is user-friendly and easy to use. Some of them also commended its Tax Pay feature, which allows them to file their taxes on time without worrying about not having to meet the federal and state requirements.
One user who gave Paychex Flex a positive review on G2 Crowd shared that the system was easy to use, even for people with little to no computer background because of the step-by-step guides provided on the website. He also mentioned how it makes calculating and filing taxes more convenient through its Tax Pay feature.
Summary of Negative Paychex Flex Reviews
Users who gave Paychex Flex a negative review reported that the time tracking software often has glitches, forcing them to manually enter their employees’ time reports. Others also complained that the software’s price is too steep compared to its competitors.
One user who gave Paychex Flex a negative review on G2 Crowd said that it’s difficult to correct time entries in the platform, so they end up deleting the entries and re-entering them manually. He also wished that the software had more third-party integrations.
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Paychex Flex Features
Check out the list below of some of Paychex Flex’s features:
- Analytics and reporting
- Time and attendance
- Recruiting and applicant tracking
- Retirement services
- Benefits administration
- State unemployment insurance service
Paychex Flex FAQs
How can Paychex Flex help businesses with payroll processing?
Paychex Flex enables businesses to store employee information within the platform, including their compensation rates and added benefits. It then automatically calculates their payroll and makes sure each worker is paid on time. It also has a time tracking feature to ensure that employees are paid an amount commensurate to their hours worked.
How can Paychex Flex help companies manage new hires?
Paychex Flex enables HR managers to post job vacancies in various job sites. It also provides a platform where new hires can fill out and submit the required employment forms. The information entered is then added to the employee records, which can be accessed through the dashboard.
Here is a list of some of Paychex Flex’s popular integrations: