When it comes to choosing a payroll provider, there are many factors to consider. Two of the most popular providers are Factorial and Paychex. In this article, we'll compare and contrast the two providers in terms of features, pricing, customer satisfaction, and more.
Features
Both Factorial and Paychex offer a wide range of features to their customers. Factorial offers a comprehensive suite of HR tools, including time tracking, benefits administration, and performance management. Paychex, on the other hand, offers a more limited selection of HR tools, but makes up for it with a robust payroll platform. In terms of features, it really depends on what your organization is looking for.
Pricing
When it comes to pricing, Factorial and Paychex are both competitive. Factorial offers a monthly subscription model, while Paychex charges a per-employee, per-pay period fee. Both providers offer discounts for larger organizations. In terms of pricing, it really depends on the size and needs of your organization.
Customer Satisfaction
When it comes to customer satisfaction, Factorial and Paychex both have high marks. Factorial is rated 4.5/5 on Trustpilot, and Paychex is rated 4.6/5 on the Better Business Bureau. In terms of customer satisfaction, both providers are highly rated.
Bottom Line
Both Factorial and Paychex are great payroll providers. In terms of features, pricing, and customer satisfaction, they both offer a lot to their customers. It really depends on the specific needs of your organization as to which provider is the best fit.