BambooHR vs Paychex Flex comparison

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BambooHR Logo
1,384 views|650 comparisons
93% willing to recommend
Paychex Logo
243 views|203 comparisons
Comparison Buyer's Guide
Executive Summary

We performed a comparison between BambooHR and Paychex Flex based on real PeerSpot user reviews.

Find out what your peers are saying about Workday, Oracle, SAP and others in Benefits Administration.
To learn more, read our detailed Benefits Administration Report (Updated: April 2024).
772,277 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
  • "We pay a monthly subscription to use the solution. The subscript model is based on how many employees we have active."
  • "Price-wise, the solution is in the middle compared to other tools offering similar functionalities."
  • "I rate the tool's pricing an eight out of ten."
  • More BambooHR Pricing and Cost Advice →

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    Use our free recommendation engine to learn which Benefits Administration solutions are best for your needs.
    772,277 professionals have used our research since 2012.
    Questions from the Community
    Top Answer:Organizations of all sizes, especially those that are experiencing rapid growth, want to have a way to effectively manage their HR operations. Our organization feels that BambooHR is an HR management… more »
    Top Answer:The tool's most valuable features are the recruitment module, performance module, and document storage.
    Top Answer:BambooHR needs to have more flexibility around performance management.
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    Ranking
    7th
    Views
    1,384
    Comparisons
    650
    Reviews
    10
    Average Words per Review
    331
    Rating
    8.0
    22nd
    Views
    243
    Comparisons
    203
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
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    Overview

    BambooHR is an all-around end-to-end talent management and benefits administration tool. This solution provides many use cases as it accompanies employees’ work journeys from onboarding to training, to day-to-day administration, and offboarding. This solution benefits the HR team as it provides them with a system that consolidates all of their employees’ information. This information includes, but is not limited to, contact information, bank details, schedules, language ability, vacation, sick days, and more. BambooHR can as well be used for reporting purposes, tracking leave, performance reviews, announcements to employees, and group emails.

    BambooHR Features:

    BambooHR has many valuable key features. Some of the most useful ones include:


    • Limiting Accessibility - An employer is able to limit access for certain users. This allows employers and the HR team to restrict information from employees. This as well helps with salary and payroll information as this tends to be the most sensitive and restricted information.


    • Support - BambooHR offers good support. The support team is helpful and answers any inquiry.


    • Information Storage - This solution can be used to store any information and documents. This includes job descriptions, employee manuals, etc.


    • Reporting and Metrics - The solution provides HR metrics and reports for the management teams.


    • Applications - An employee is able to apply easily for sick leave, annual leave, and vacation days.


    • Onboarding and Offboarding - The solution offers onboarding and offboarding tracking functionalities. This eases employee orientation and any employee’s departure.


    • Email Automation - Automatic emails can be sent out to job applicants and employees.


    • Scheduling - The solution helps with scheduling meetings and interviews easily.


    • Dashboard - BambooHR has a nice dashboard with each employee’s personal features.



    BambooHR Benefits:

    There are many benefits to implementing BambooHR. Some of the biggest advantages the solution offers include:


    • Accessibility - BambooHR is accessible and easy to navigate. This especially benefits any employee or employer who may not have a technical background.


    • Efficiency - Employees have access to their information. They can review documents, update their information and look at their benefits on their own without the need to reach out to the HR department or management directly.


    • Visibility - An employer is able to view all of their employees’ annual days including annual leave and sick days. They can see which days were put on hold and how many an employee has left.


    Reviews from Real Users:

    Below are some reviews and helpful feedback written by PeerSpot users currently using the BambooHR solution.

    An HR Officer at a small financial services firm comments: “In the past, we managed all this [HR] information using Excel. Switching to BambooHR made it easier to access the information. It's easier to use and share reports. I can allow people to do their own reports so they don't need to deal with HR. BambooHR puts everything into one place, so I don't have to comb through several Excel files to collect all the information I need to make a report.”

    A Director of Human Resources at a large construction company says: “I would recommend this solution to other users. It has given me the ability to run a lean team and add automation to the way that we work.”

    Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business.

    Sample Customers
    Stance, SoundCloud, Reddit, Shopify, 99designs, Stitcher, Disqus, Beans & Brews, Stacy and Witbeck, Vino Farms, MokiMobility, SecurityMetrics
    Information Not Available
    Top Industries
    REVIEWERS
    Financial Services Firm24%
    Construction Company19%
    Computer Software Company14%
    Retailer10%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm9%
    Manufacturing Company9%
    Educational Organization6%
    No Data Available
    Company Size
    REVIEWERS
    Small Business67%
    Midsize Enterprise27%
    Large Enterprise6%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise14%
    Large Enterprise63%
    No Data Available
    Buyer's Guide
    Benefits Administration
    April 2024
    Find out what your peers are saying about Workday, Oracle, SAP and others in Benefits Administration. Updated: April 2024.
    772,277 professionals have used our research since 2012.

    BambooHR is ranked 7th in Benefits Administration with 31 reviews while Paychex Flex is ranked 22nd in Benefits Administration. BambooHR is rated 8.2, while Paychex Flex is rated 0.0. The top reviewer of BambooHR writes "HRIS software used for a company of 300 employees that offers employee tracking, data insights and automation". On the other hand, BambooHR is most compared with SAP SuccessFactors, HiBob, Workday, SunFish DataOn Philippines Inc. and Lattice Performance, whereas Paychex Flex is most compared with .

    See our list of best Benefits Administration vendors.

    We monitor all Benefits Administration reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.