247HRM vs. Paylocity

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
Paylocity
Score 8.1 out of 10
N/A
Paylocity provides 24/7 access to your online payroll and human resource data management. Paylocity offers highly customizable payroll functionality, as well as HR, benefits administration, and time and talent management programs.N/A
Pricing
247HRMPaylocity
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
247HRMPaylocity
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
247HRMPaylocity
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
247HRMPaylocity
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
247HRM
8.9
3 Ratings
12% above category average
Paylocity
7.8
1016 Ratings
1% below category average
Employee demographic data9.03 Ratings8.6960 Ratings
Employment history9.13 Ratings8.2927 Ratings
Job profiles and administration9.03 Ratings8.0865 Ratings
Workflow for transfers, promotions, pay raises, etc.9.13 Ratings7.6880 Ratings
Organizational charting8.23 Ratings7.1809 Ratings
Organization and location management9.13 Ratings7.8791 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings7.5679 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
247HRM
8.8
3 Ratings
9% above category average
Paylocity
8.2
991 Ratings
2% above category average
Pay calculation9.13 Ratings8.6964 Ratings
Support for external payroll vendors8.43 Ratings7.6473 Ratings
Off-cycle/On-Demand payment9.12 Ratings8.6719 Ratings
Benefit plan administration8.43 Ratings7.4671 Ratings
Direct deposit files8.43 Ratings9.0960 Ratings
Salary revision and increment management9.13 Ratings8.2768 Ratings
Reimbursement management9.13 Ratings8.1480 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
Paylocity
7.5
835 Ratings
8% below category average
Approval workflow9.13 Ratings7.8743 Ratings
Balance details9.13 Ratings7.4796 Ratings
Annual carry-forward and encashment9.13 Ratings7.4624 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
Paylocity
8.4
1005 Ratings
3% above category average
View and generate pay and benefit information8.43 Ratings8.5977 Ratings
Update personal information9.13 Ratings8.7996 Ratings
View company policy documentation9.13 Ratings8.1793 Ratings
Employee recognition8.82 Ratings8.3709 Ratings
View job history9.03 Ratings8.4850 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
247HRM
9.1
3 Ratings
14% above category average
Paylocity
7.4
304 Ratings
6% below category average
Tracking of all physical assets9.13 Ratings7.4304 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
247HRM
8.6
3 Ratings
12% above category average
Paylocity
7.2
922 Ratings
5% below category average
Report builder9.03 Ratings7.1880 Ratings
Pre-built reports9.13 Ratings7.5899 Ratings
Ability to combine HR data with external data7.83 Ratings6.9562 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
247HRM
8.1
3 Ratings
1% above category average
Paylocity
8.3
861 Ratings
3% above category average
New hire portal7.83 Ratings8.4855 Ratings
Manager tracking tools8.43 Ratings8.1677 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
247HRM
8.7
3 Ratings
7% above category average
Paylocity
7.7
467 Ratings
5% below category average
Corporate goal setting9.13 Ratings7.8359 Ratings
Individual goal setting9.12 Ratings7.7427 Ratings
Line-of sight-visibility8.73 Ratings7.7315 Ratings
Performance tracking7.93 Ratings7.7432 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
247HRM
8.5
3 Ratings
6% above category average
Paylocity
7.5
597 Ratings
6% below category average
Performance plans8.73 Ratings7.4537 Ratings
Performance improvement plans8.33 Ratings7.4458 Ratings
Review status tracking8.83 Ratings7.5549 Ratings
Review reminders8.83 Ratings7.6554 Ratings
Multiple review frequency7.93 Ratings7.6455 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
247HRM
8.6
3 Ratings
8% above category average
Paylocity
7.4
299 Ratings
7% below category average
Create succession plans/pools8.83 Ratings6.9201 Ratings
Candidate ranking8.23 Ratings7.4244 Ratings
Candidate search8.43 Ratings7.8272 Ratings
Candidate development8.83 Ratings7.6218 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
247HRM
8.4
3 Ratings
7% above category average
Paylocity
7.9
564 Ratings
1% above category average
Job Requisition Management9.13 Ratings8.0475 Ratings
Company Website Posting8.43 Ratings8.1498 Ratings
Publish to Social Media7.03 Ratings7.9389 Ratings
Job Search Site Posting8.23 Ratings7.8470 Ratings
Duplicate Candidate Prevention9.03 Ratings7.4402 Ratings
Applicant Tracking8.23 Ratings8.2517 Ratings
Notifications and Alerts9.03 Ratings7.9518 Ratings
Best Alternatives
247HRMPaylocity
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Score 9.1 out of 10
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Score 9.1 out of 10
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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 7.1 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
247HRMPaylocity
Likelihood to Recommend
8.4
(3 ratings)
8.0
(1085 ratings)
Likelihood to Renew
9.1
(2 ratings)
8.8
(102 ratings)
Usability
9.1
(1 ratings)
8.2
(71 ratings)
Availability
-
(0 ratings)
9.0
(11 ratings)
Performance
-
(0 ratings)
9.4
(11 ratings)
Support Rating
9.1
(2 ratings)
7.3
(95 ratings)
In-Person Training
-
(0 ratings)
10.0
(1 ratings)
Online Training
-
(0 ratings)
7.8
(12 ratings)
Implementation Rating
-
(0 ratings)
8.1
(48 ratings)
Configurability
-
(0 ratings)
8.2
(9 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
8.9
(7 ratings)
Ease of integration
-
(0 ratings)
7.2
(9 ratings)
Product Scalability
-
(0 ratings)
8.7
(10 ratings)
Professional Services
-
(0 ratings)
9.2
(6 ratings)
Vendor post-sale
-
(0 ratings)
8.2
(10 ratings)
Vendor pre-sale
-
(0 ratings)
9.3
(9 ratings)
User Testimonials
247HRMPaylocity
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
Paylocity
Paylocity has everything I need for HR all in one place. The onboarding procedure works very easily. I was concerned because we hire a lot of plant workers who are not used to a computer. But the process is fairly easy and they can even do most of it from their phone. Sometimes if they are loading the I9 documents, their phones won't allow it, but we just have them bring them in , scan them and add them onto their file. It is easy and not much of a problem.
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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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Paylocity
  • Provides the majority of our data for our employees and reporting in one software product.
  • Once setup; the Onboarding feature makes bringing in new employees very smooth while collecting and completing all compliance information from the candidate themselves.
  • Performance Module with Journals provides a good platform for documenting positive as well as disciplinary events.
Read full review
Cons
Interbiz Solutions
No answers on this topic
Paylocity
  • Competency of Dedicated Customer Service Reps: These individuals' competency range varies greatly. We have had reps assigned to us who couldn't compose a legible email and couldn't answer questions promptly. We've had other reps who didn't share their names. We've had other reps that were incredibly knowledgeable and responsive to our inquiries.
  • The Scheduling Tool: This tool doesn't speak to time sheets. Cost centers used on the scheduling tool are overridden by "rules" inside the timesheet program, and there's no way to override this element. This results in hours of manual entry that need to be done every payroll.
  • Help Tools: The general help database is TOO cumbersome to the extent that it is unusable in many/most cases. The videos in the Training Catalog are wonderful; however, they are often outdated and use mobile device applications as the example vs. desktop or both (e.g., some of the time and labor videos).
  • Reports: The report writer is usable; however, the last update with an AI search bar is clunky and hasn't been helpful.
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Likelihood to Renew
Interbiz Solutions
No answers on this topic
Paylocity
We have had many issues with the way our platform was set up at implementation that still continue to plague us. In addition, our benefits, in particular our FSA, have been mis-managed causing a balance due from an employee (and also a lot of work for our accounting and HR team, as well as stress for the employee). Our service rep continues to answer incorrectly on many fronts (original response is usually check out this paylocity article, vs. helping) and recently our COBRA management was mishandled (not adding Dental to a person on Cobra who had requested it). So- all in all...we are not particularly happy w/ Paylocity
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Usability
Interbiz Solutions
It is very easy to use and few clicks to complete your tasks
Read full review
Paylocity
I find Paylocity to be almost too robust so that its functionalities are sometimes too complex to use. Sometimes it appears that they don't get a user's experience and keep a software developers mindset which doesn't always work well with users that are not at their technical level of expertise. A perfect example is the way the payroll dashboard USED to look compared to the recent update
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Reliability and Availability
Interbiz Solutions
No answers on this topic
Paylocity
Paylocity support is always available and I never have to wait endlessly on hold. If our dedicated account manage is not available, there is an entire team assigned to our account. Every one of them is knowledgeable about our organization and Paylocity's process.
Read full review
Performance
Interbiz Solutions
No answers on this topic
Paylocity
pages load in an acceptable amount of time, reports come back quickly, but integration is very complicated and hasn't been possible
Read full review
Support Rating
Interbiz Solutions
Come rain or shine, 247HRM support team is always available to support you whenever you need assistance.
Read full review
Paylocity
Everyone wants immediate assistance. Awaiting a response from an email only to ask 2-3 more questions is time consuming. Within the first six months of setup, I would rather respond back to the instructors who provided me the training in each category of my contract.
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In-Person Training
Interbiz Solutions
No answers on this topic
Paylocity
I didn't have in-person training, but I'm sure it was just as great as any other training/assistance Paylocity provides. Paylocity customer service is always available. You never have to be on hold and their answers are always accurate and timely. Documents in the help section are helpful as well. My in-person training was conducted y one of our employees who was involved in the initial set-up and training of all employees. She was excellent.
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Online Training
Interbiz Solutions
No answers on this topic
Paylocity
The training was live online, but was with a group of other companies. We did not receive any personalized training with our team. Whenever we would ask for training, we would be sent a peak article link or a video. It felt like the reps we dealt with didn't know the answer to the questions.
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Implementation Rating
Interbiz Solutions
No answers on this topic
Paylocity
I had gone through an implementation process of another HR platform (Paycom) in my previous job and was traumatized, it was painful. I was surprised how easy and fast it was with Paylocity, the team was very helpful and set us up for success
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Alternatives Considered
Interbiz Solutions
No answers on this topic
Paylocity
The cost of doing business and quality of customer service is much better with Paylocity than either of the other two companies. I don't know the other vendors the company has used, although I know there at least a couple more. They tend to stay with a vendor for quite a few years before changing and there is always a catalyst other than cost that triggers the change. The company is about 40 years old, but obviously, none of the staff have been here for that length of time. Even the original owners are no longer here so I am limited to the history. I do know that for several years they did payroll inhouse.
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Contract Terms and Pricing Model
Interbiz Solutions
No answers on this topic
Paylocity
Include more services in the packages they offer.
Read full review
Scalability
Interbiz Solutions
No answers on this topic
Paylocity
You have an account manager assigned to you on a daily basis but that person is barely available to you
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Professional Services
Interbiz Solutions
No answers on this topic
Paylocity
Support is quick and proffessional
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Return on Investment
Interbiz Solutions
  • Accurate Payroll
  • Paperless Employee Onboarding
  • Paperless office
  • onboarding to exit automation
Read full review
Paylocity
  • Well, I feel like my employees are happier because they have a system that's easy for them to use. So they're more inclined to stay connected. We use the community a lot, which really helps us deliver messages to all our employees across the board. So I feel like that's been a big return on investment as far as employee engagement goes. But as far as actual dollars go, it's been the most bang for our buck that we've ever had in our payroll system.
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