247HRM vs. Optimum Solutions HRIS (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
247HRM
Score 8.0 out of 10
N/A
The 247HRM HR management and payroll software features Document Management, Salary Budgeting, Skill Bank, automated generation of letters and email, custom MIS & Trending reports. It can be used along with other modules documents, salaries, leave data etc. It is developed by Interbiz Solutions, headquartered in Hyderabad.
$25.67
per month includes 30 employees
Optimum Solutions HRIS (discontinued)
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Optimum Solutions, Inc. was a software development company providing Payroll, Human Resources, and Time & Attendance software for both the IBM iSeries (AS/400) and Microsoft Windows platforms or in the cloud. In October 2019 they were acquired by Kronos, Inc (now UKG after merging with Ultimate Software). Former Optimum products are now supported by Kronos / UKG, and are no longer sold available for sale.N/A
Pricing
247HRMOptimum Solutions HRIS (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
247HRMOptimum Solutions HRIS (discontinued)
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
247HRMOptimum Solutions HRIS (discontinued)
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
247HRMOptimum Solutions HRIS (discontinued)
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
247HRM
8.9
3 Ratings
12% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Employee demographic data9.03 Ratings00 Ratings
Employment history9.13 Ratings00 Ratings
Job profiles and administration9.03 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.9.13 Ratings00 Ratings
Organizational charting8.23 Ratings00 Ratings
Organization and location management9.13 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
247HRM
8.8
3 Ratings
9% above category average
Optimum Solutions HRIS (discontinued)
7.5
1 Ratings
9% below category average
Pay calculation9.13 Ratings9.11 Ratings
Support for external payroll vendors8.53 Ratings00 Ratings
Off-cycle/On-Demand payment9.12 Ratings00 Ratings
Benefit plan administration8.53 Ratings5.51 Ratings
Direct deposit files8.53 Ratings9.11 Ratings
Salary revision and increment management9.13 Ratings6.41 Ratings
Reimbursement management9.13 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
247HRM
9.1
3 Ratings
11% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Approval workflow9.13 Ratings00 Ratings
Balance details9.13 Ratings00 Ratings
Annual carry-forward and encashment9.13 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
247HRM
8.9
3 Ratings
9% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
View and generate pay and benefit information8.53 Ratings00 Ratings
Update personal information9.13 Ratings00 Ratings
View company policy documentation9.13 Ratings00 Ratings
Employee recognition8.82 Ratings00 Ratings
View job history9.03 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
247HRM
9.1
3 Ratings
15% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Tracking of all physical assets9.13 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
247HRM
8.6
3 Ratings
12% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Report builder8.93 Ratings00 Ratings
Pre-built reports9.13 Ratings00 Ratings
Ability to combine HR data with external data7.73 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
247HRM
8.2
3 Ratings
2% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
New hire portal7.83 Ratings00 Ratings
Manager tracking tools8.53 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
247HRM
8.7
3 Ratings
6% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Corporate goal setting9.13 Ratings00 Ratings
Individual goal setting9.12 Ratings00 Ratings
Line-of sight-visibility8.73 Ratings00 Ratings
Performance tracking7.93 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
247HRM
8.5
3 Ratings
6% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Performance plans8.73 Ratings00 Ratings
Performance improvement plans8.23 Ratings00 Ratings
Review status tracking8.83 Ratings00 Ratings
Review reminders8.83 Ratings00 Ratings
Multiple review frequency7.93 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
247HRM
8.6
3 Ratings
8% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Create succession plans/pools8.83 Ratings00 Ratings
Candidate ranking8.23 Ratings00 Ratings
Candidate search8.53 Ratings00 Ratings
Candidate development8.83 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
247HRM
8.4
3 Ratings
7% above category average
Optimum Solutions HRIS (discontinued)
-
Ratings
Job Requisition Management9.13 Ratings00 Ratings
Company Website Posting8.53 Ratings00 Ratings
Publish to Social Media7.13 Ratings00 Ratings
Job Search Site Posting8.23 Ratings00 Ratings
Duplicate Candidate Prevention8.93 Ratings00 Ratings
Applicant Tracking8.23 Ratings00 Ratings
Notifications and Alerts8.93 Ratings00 Ratings
Best Alternatives
247HRMOptimum Solutions HRIS (discontinued)
Small Businesses
Patriot Software
Patriot Software
Score 9.2 out of 10
Patriot Software
Patriot Software
Score 9.2 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
247HRMOptimum Solutions HRIS (discontinued)
Likelihood to Recommend
8.5
(3 ratings)
10.0
(3 ratings)
Likelihood to Renew
9.1
(2 ratings)
-
(0 ratings)
Usability
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.1
(2 ratings)
-
(0 ratings)
User Testimonials
247HRMOptimum Solutions HRIS (discontinued)
Likelihood to Recommend
Interbiz Solutions
It is well suited for the manufacturing, Pharma, Educational and Retail sectors. They are second to none when supporting large companies. Small companies and people looking for employee engagement may not be the right fit.
Read full review
Discontinued Products
Optimum Solutions works very well for all our payroll needs. We run payrolls weekly, semi-monthly, monthly and yearly. The end of year process is lined out very well and webinars are available to go over any new regulations required. We haven't utilized the HR part of the software as much on the iSeries but are planning on changing that once we get converted to the Windows version later this year. The main reason for this is the HR part of the software on the iSeries is separate from payroll.
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Pros
Interbiz Solutions
  • We used to take half a day to onboard new staff during our employee onboarding. We would collect necessary forms like aadhar, education certificates, experience certificates, and other forms. With 247HRM, it takes two hours. We cut the onboarding time in half. Can you imagine half a day saved for one employee onboarding?
  • I don’t stress about paying my people on time or accurate payroll because my experience with both the 247HRM product and its services helps give me the confidence in paying payroll on time. 2 clicks and I am done with payroll, generating a paysheet, pf ecr, esi upload and PT challan. All these in a span of 2 or 3 hours.
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Discontinued Products
  • The setup of Optimum HRIS was intense as the software comes as a basic shell and everything is personalized to our organization. All earnings codes, leave time, employee types, job codes, taxes, etc. are set up for each company. While this was almost overwhelming at the beginning, we have so much control over the set up and better grasp of the inner workings of the system.
  • Tax updates come quickly and are easily applied. This is especially welcome at year end.
  • The built-in reporting is robust and offers a lot of options, but the ability to dig in to the database using SQL and Excel allows for very powerful reports that are infinitely personalized.
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Cons
Interbiz Solutions
No answers on this topic
Discontinued Products
  • When exporting reports to Excel I found the formatting to be difficult to work with and having to reformat the reports can be a nightmare. My company's IT department created its own business tools to make the reporting format more user friendly.
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Usability
Interbiz Solutions
It is very easy to use and few clicks to complete your tasks
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Discontinued Products
No answers on this topic
Support Rating
Interbiz Solutions
Come rain or shine, 247HRM support team is always available to support you whenever you need assistance.
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Discontinued Products
No answers on this topic
Alternatives Considered
Interbiz Solutions
No answers on this topic
Discontinued Products
We evaluated some payroll services but found the ongoing cost greater than the initial cost of purchasing our own software and keeping the payroll process in house. Other payroll software was generally more expensive and we are satisfied with Optimum Solutions. I would say the main reason we stayed with Optimum Solutions, converting from their iSeries version to their Windows version, was because of their outstanding staff and support.
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Return on Investment
Interbiz Solutions
  • Accurate Payroll
  • Paperless Employee Onboarding
  • Paperless office
  • onboarding to exit automation
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Discontinued Products
  • More accurate payroll processing
  • More accurate tax payments and reporting
Read full review
ScreenShots

Optimum Solutions HRIS (discontinued) Screenshots

Screenshot of Main Employee Screen