What users are saying about
17 Ratings
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Score 8.4 out of 100
33 Ratings
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Score 6.5 out of 100

Feature Set Ratings

  • Accounting Power ranks higher in 3 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting
  • Paychex Accounting Online ranks higher in 1 feature set: Customization

Customization

4.0

Accounting Power

40%
9.0

Paychex Accounting Online

90%
Paychex Accounting Online ranks higher in 2/2 features

API for custom integration

4.0
40%
1 Rating
9.0
90%
2 Ratings

Plug-ins

N/A
0 Ratings
9.0
90%
1 Rating

Security

9.5

Accounting Power

95%
7.5

Paychex Accounting Online

75%
Accounting Power ranks higher in 2/2 features

Single sign-on capability

10.0
100%
1 Rating
7.0
70%
3 Ratings

Role-based user permissions

9.0
90%
1 Rating
8.0
80%
3 Ratings

Reporting & Analytics

8.0

Accounting Power

80%
7.3

Paychex Accounting Online

73%
Accounting Power ranks higher in 2/3 features

Dashboards

7.0
70%
1 Rating
6.0
60%
2 Ratings

Custom reports

9.0
90%
1 Rating
8.0
80%
4 Ratings

Standard reports

N/A
0 Ratings
8.0
80%
6 Ratings

General Ledger and Configurable Accounting

8.5

Accounting Power

85%
7.4

Paychex Accounting Online

74%
Accounting Power ranks higher in 8/14 features

Accounts payable

9.0
90%
1 Rating
7.0
70%
1 Rating

Accounts receivable

9.0
90%
1 Rating
7.0
70%
1 Rating

Cash management

8.0
80%
1 Rating
8.0
80%
1 Rating

Bank reconciliation

10.0
100%
1 Rating
8.0
80%
1 Rating

Expense management

9.0
90%
1 Rating
8.0
80%
1 Rating

Multi-division support

6.0
60%
1 Rating
4.4
44%
2 Ratings

Journals and Reconciliations

8.0
80%
1 Rating
N/A
0 Ratings

Standardized Processes

9.0
90%
1 Rating
N/A
0 Ratings

Time tracking

N/A
0 Ratings
6.2
62%
3 Ratings

Fixed asset management

N/A
0 Ratings
8.0
80%
1 Rating

Multi-currency support

N/A
0 Ratings
8.0
80%
1 Rating

Regulations compliance

N/A
0 Ratings
8.0
80%
1 Rating

Electronic tax filing

N/A
0 Ratings
8.0
80%
4 Ratings

Self-service portal

N/A
0 Ratings
8.0
80%
4 Ratings

Payroll Management

Accounting Power

Feature Set Not Supported
N/A
7.8

Paychex Accounting Online

78%
Paychex Accounting Online ranks higher in 5/5 features

Pay calculation

N/A
0 Ratings
8.0
80%
8 Ratings

Benefit plan administration

N/A
0 Ratings
8.0
80%
5 Ratings

Direct deposit files

N/A
0 Ratings
8.0
80%
8 Ratings

Salary revision and increment management

N/A
0 Ratings
7.0
70%
5 Ratings

Reimbursement management

N/A
0 Ratings
8.0
80%
3 Ratings

Attribute Ratings

  • Accounting Power is rated higher in 1 area: Likelihood to Recommend
  • Paychex Accounting Online is rated higher in 2 areas: Support Rating, Implementation Rating
  • Accounting Power and Paychex Accounting Online are tied in 2 areas: Likelihood to Renew, Usability

Likelihood to Recommend

9.0

Accounting Power

90%
1 Rating
8.0

Paychex Accounting Online

80%
9 Ratings

Likelihood to Renew

10.0

Accounting Power

100%
1 Rating
10.0

Paychex Accounting Online

100%
1 Rating

Usability

10.0

Accounting Power

100%
1 Rating
10.0

Paychex Accounting Online

100%
1 Rating

Support Rating

7.0

Accounting Power

70%
1 Rating
9.5

Paychex Accounting Online

95%
4 Ratings

Implementation Rating

8.0

Accounting Power

80%
1 Rating
10.0

Paychex Accounting Online

100%
2 Ratings

Likelihood to Recommend

AccountantsWorld

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review

Paychex, Inc.

I think Paychex Online payroll can be an asset for nearly any employer, especially if there have been improvements to allow employee access and data storage. Many employees prefer to be paperless and would rather access paystubs, W-2s, etc. online and/or via email. It'd also be great for employees to be able to make healthcare, 401k, etc., selections online and/or review selections made previously or in a different venue.
Read full review

Pros

AccountantsWorld

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review

Paychex, Inc.

  • Process payroll
  • Tax notices are addressed quickly
  • Account manager is very responsive
  • If payroll has an error we can pull back with no issues in a timely manner
Read full review

Cons

AccountantsWorld

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
Read full review

Paychex, Inc.

  • Can't assign invoices to categories like salesperson, division, or location, nor can your customers return a payment via credit card (there's no support for merchant accounts).
Read full review

Pricing Details

Accounting Power

Starting Price

Editions & Modules

Accounting Power editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Paychex Accounting Online

    Starting Price

    Editions & Modules

    Paychex Accounting Online editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      AccountantsWorld

      I do not see a good alternative in the market
      Read full review

      Paychex, Inc.

      Had the company I worked for not gone out of business, it is likely they would have continued using this service.
      Read full review

      Usability

      AccountantsWorld

      It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
      Read full review

      Paychex, Inc.

      The software was very user friendly. Menus were intuitive so that even with minimal training I found what I was looking for with minimal effort
      Read full review

      Support Rating

      AccountantsWorld

      Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
      Read full review

      Paychex, Inc.

      They deserve this rating. When I first began using Paychex at AIT they were there to answer all of my questions as needed because there was no one in the company who knew what they were doing. I had to do reports that Payroll normally did not do but I did. Thank goodness for Teshia and Martha at Paychex.
      Read full review

      Implementation Rating

      AccountantsWorld

      Seek out others who have done it and learn from them.
      Read full review

      Paychex, Inc.

      Implementation was very smooth. The most cumbersome task was entering the current employees into the system during initial set up, but Paychex staff handled most of that and verified against prior system reports as well as internal reports provided to ensure 100% accuracy.
      Read full review

      Alternatives Considered

      AccountantsWorld

      I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
      Read full review

      Paychex, Inc.

      I haven't used any others, this is the only one I'm familiar with. It was already being used before I got here, so I didn't have much "deciding" to do.
      Read full review

      Return on Investment

      AccountantsWorld

      • Allowed for standardized processes
      • Improved efficiency in disbursement processing
      • Bank feed is easily broken
      • ACH payment options are not well established
      Read full review

      Paychex, Inc.

      • The most positive impact Paychex has is their Customer Service. I LOVE Paychex Customer Service. Enough said.
      • Paychex's IT Department is on point.
      Read full review

      Screenshots

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