BenefitWallet vs. Paylocity

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BenefitWallet
Score 7.0 out of 10
N/A
Conduent's BenefitWallet digital platform integrates technology, member and resource tools, and communications expertise to deliver employee engagement, to help users achieve administrative simplicity with a single point of contact for all accounts. BenefitWallet offers an engagement across multiple delivery channels, web, mobile, email, print, and service center, boasting a secure, complete and connected solution to Health & Welfare benefits administration.N/A
Paylocity
Score 7.8 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
BenefitWalletPaylocity
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BenefitWalletPaylocity
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BenefitWalletPaylocity
Top Pros
Top Cons
Features
BenefitWalletPaylocity
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.8
846 Ratings
0% below category average
Employee demographic data00 Ratings8.5797 Ratings
Employment history00 Ratings8.2778 Ratings
Job profiles and administration00 Ratings7.8715 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings7.6727 Ratings
Organizational charting00 Ratings7.1667 Ratings
Organization and location management00 Ratings7.8649 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings7.5555 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
8.1
834 Ratings
1% above category average
Pay calculation00 Ratings8.6810 Ratings
Support for external payroll vendors00 Ratings7.3381 Ratings
Off-cycle/On-Demand payment00 Ratings8.5580 Ratings
Benefit plan administration00 Ratings7.2554 Ratings
Direct deposit files00 Ratings8.9809 Ratings
Salary revision and increment management00 Ratings8.2641 Ratings
Reimbursement management00 Ratings7.9395 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.6
697 Ratings
6% below category average
Approval workflow00 Ratings7.9618 Ratings
Balance details00 Ratings7.4667 Ratings
Annual carry-forward and encashment00 Ratings7.4517 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
8.3
846 Ratings
2% above category average
View and generate pay and benefit information00 Ratings8.5823 Ratings
Update personal information00 Ratings8.6837 Ratings
View company policy documentation00 Ratings8.0664 Ratings
Employee recognition00 Ratings8.3580 Ratings
View job history00 Ratings8.3702 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.5
237 Ratings
3% below category average
Tracking of all physical assets00 Ratings7.5237 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.0
772 Ratings
8% below category average
Report builder00 Ratings7.0738 Ratings
Pre-built reports00 Ratings7.4752 Ratings
Ability to combine HR data with external data00 Ratings6.5448 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
8.2
720 Ratings
2% above category average
New hire portal00 Ratings8.3716 Ratings
Manager tracking tools00 Ratings8.0558 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.4
373 Ratings
10% below category average
Corporate goal setting00 Ratings7.4282 Ratings
Individual goal setting00 Ratings7.4344 Ratings
Line-of sight-visibility00 Ratings7.3244 Ratings
Performance tracking00 Ratings7.4347 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.4
479 Ratings
7% below category average
Performance plans00 Ratings7.2428 Ratings
Performance improvement plans00 Ratings7.2354 Ratings
Review status tracking00 Ratings7.4440 Ratings
Review reminders00 Ratings7.5442 Ratings
Multiple review frequency00 Ratings7.6362 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.1
220 Ratings
10% below category average
Create succession plans/pools00 Ratings6.7147 Ratings
Candidate ranking00 Ratings7.1180 Ratings
Candidate search00 Ratings7.4200 Ratings
Candidate development00 Ratings7.4161 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
BenefitWallet
-
Ratings
Paylocity
7.7
452 Ratings
1% below category average
Job Requisition Management00 Ratings7.8371 Ratings
Company Website Posting00 Ratings8.1395 Ratings
Publish to Social Media00 Ratings7.7304 Ratings
Job Search Site Posting00 Ratings7.7370 Ratings
Duplicate Candidate Prevention00 Ratings7.0310 Ratings
Applicant Tracking00 Ratings8.0415 Ratings
Notifications and Alerts00 Ratings7.9413 Ratings
Best Alternatives
BenefitWalletPaylocity
Small Businesses
Justworks
Justworks
Score 7.8 out of 10
Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BenefitWalletPaylocity
Likelihood to Recommend
7.0
(1 ratings)
7.7
(881 ratings)
Likelihood to Renew
-
(0 ratings)
8.9
(82 ratings)
Usability
-
(0 ratings)
8.5
(58 ratings)
Availability
-
(0 ratings)
8.8
(9 ratings)
Performance
-
(0 ratings)
9.4
(9 ratings)
Support Rating
-
(0 ratings)
7.2
(79 ratings)
Online Training
-
(0 ratings)
8.3
(10 ratings)
Implementation Rating
-
(0 ratings)
8.2
(33 ratings)
Configurability
-
(0 ratings)
8.3
(7 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
8.1
(4 ratings)
Ease of integration
-
(0 ratings)
6.6
(7 ratings)
Product Scalability
-
(0 ratings)
8.8
(8 ratings)
Professional Services
-
(0 ratings)
9.1
(4 ratings)
Vendor post-sale
-
(0 ratings)
7.3
(7 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(6 ratings)
User Testimonials
BenefitWalletPaylocity
Likelihood to Recommend
Conduent
While the user interface is relatively easy to use and offers nice functionality, from out experience, we had an issue that their fraud security was weak. One of our cards was somehow used out of state, at a pharmacy that it had never been used at before, with 3 transactions for exactly $100 each every day. One would think that some type of software AI would have flagged that as suspicious activity, but no. It was caught when the member tried to use the card and it was declined, and the last $100 transaction was processing, draining the account to zero. We called customer service, and they said paperwork was coming out - one document for each transaction, which was a huge amount of paperwork - via next day air to file the fraud claims. They were also supposed to put a freeze on the account immediately. After a week, NO paperwork had arrived, and when I called in to track it down I also found that the CSR had NOT shut the account down and the fraudsters were attempting further withdrawals of transactions for
Read full review
Paylocity
Paylocity works well for our organization. Ease of use for our managers and employees is very important. Makes it easier for us in HR to manage. Time and attendance works very well. Efficient and effective. Payroll runs very smoothly. We appreciate the performance and compensation module for tracking employees performance, journals and getting feedback and annual compensation.
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Pros
Conduent
No answers on this topic
Paylocity
  • Customer Service is always helpful with little wait time.
  • Always improving; for example, the recent change to processing payroll. So much easier.
  • Onboarding makes it simple and the fact that the company can personalize the messaging to new hires allows us to make it more personalized.
  • Having an assigned account manager regardless of company size is definitely a plus.
Read full review
Cons
Conduent
No answers on this topic
Paylocity
  • Recruiting piece/ATS could be improved.
  • A candidate being able to save progress on their application is really a must as they can't leave and come back to their application without having to restart, i.e. if they need to get a phone number for a reference for example.
  • Could use more room in entering the job for internal notes.
  • Quirky when doing cut and paste of job details that leaves spaces that aren't in the document being pasted.
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Likelihood to Renew
Conduent
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
Conduent
No answers on this topic
Paylocity
Overall, in my experience, Paylocity has been easy to use for both staff and administrators. First, the staff has an application and inputting Paid Time Off is easy to do. I then get an alert on my app and I am able to approve it on the spot from my app that gives me access as an employee and an administrator without having to use multiple apps or logins. As an administrator I think the portal is easy to use, Paylocity did a great job showing me tools and rolling out training classes before rollout.
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Reliability and Availability
Conduent
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.
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Performance
Conduent
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
Conduent
No answers on this topic
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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Online Training
Conduent
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
Conduent
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
Conduent
BenefitWallet was recommended to us by our Health Insurance Broker, so we did not explore other options. However, BenefitWallet is nice in that you don't need to keep receipts and transactions are generally accepted and not declined as happens with other providers.
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Paylocity
We honestly had a program that only kept track of our Demographics, salaries, etc. then all of our Payroll was done on paper with paper leave slips etc. When I saw Paylocity, I was very excited about how easy it is/would be to use. [...] Our Paylocity rep that I spoke to was super GREAT in the explanation of Paylocity and I didn't even shop around much.
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Contract Terms and Pricing Model
Conduent
No answers on this topic
Paylocity
I wasn't involved in the sales process. I joined the organization after Paylocity was implemented.
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Scalability
Conduent
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
Conduent
No answers on this topic
Paylocity
Support is quick and proffessional
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Return on Investment
Conduent
No answers on this topic
Paylocity
  • Definitely more consistent processes. Everything is very user friendly and it reduces the amount of time it has taken us in the past before we started using Paylocity. Everything flows super smoothly.
  • We have an improved retention since we have used Paylocity. Before hand, many employees thought it was difficult to find anything like tax forms, pay stubs, benefit elections, etc. when we used other platforms before we implemented our data into Paylocity.
  • Costs have been reduced and the decision-making process has improved and got quicker. Before Paylocity, it would take at least a week to get a salary increase approved, or a job title change approved. Now, it take less than a day and is super easy.
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