Factorial is a business management software designed to streamline HR processes, including time and attendance tracking, talent development, payroll, and finance management.
$80
per month
Netchex
Score 8.9 out of 10
N/A
Netchex is a HR, payroll, and tax administration software platform with solutions dedicated to recruitment, hiring, and onboarding as well as payroll, tax compliance, HR, time/attendance, benefits management, and analytics for these areas.
N/A
Pricing
Factorial
Netchex
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Factorial
Netchex
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
—
—
More Pricing Information
Community Pulse
Factorial
Netchex
Features
Factorial
Netchex
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Factorial
7.8
1 Ratings
4% below category average
Netchex
-
Ratings
Employee demographic data
9.01 Ratings
00 Ratings
Employment history
9.01 Ratings
00 Ratings
Job profiles and administration
8.01 Ratings
00 Ratings
Workflow for transfers, promotions, pay raises, etc.
7.01 Ratings
00 Ratings
Organizational charting
7.01 Ratings
00 Ratings
Organization and location management
7.01 Ratings
00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Factorial
7.7
1 Ratings
6% below category average
Netchex
-
Ratings
Approval workflow
9.01 Ratings
00 Ratings
Balance details
7.01 Ratings
00 Ratings
Annual carry-forward and encashment
7.01 Ratings
00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Factorial
5.0
1 Ratings
49% below category average
Netchex
-
Ratings
View and generate pay and benefit information
7.01 Ratings
00 Ratings
Update personal information
5.01 Ratings
00 Ratings
View company policy documentation
3.01 Ratings
00 Ratings
Employee recognition
2.01 Ratings
00 Ratings
View job history
8.01 Ratings
00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Factorial
6.0
1 Ratings
28% below category average
Netchex
-
Ratings
Tracking of all physical assets
6.01 Ratings
00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Factorial
5.3
1 Ratings
35% below category average
Netchex
-
Ratings
Report builder
6.01 Ratings
00 Ratings
Pre-built reports
4.01 Ratings
00 Ratings
Ability to combine HR data with external data
6.01 Ratings
00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Factorial
3.5
1 Ratings
78% below category average
Netchex
-
Ratings
New hire portal
4.01 Ratings
00 Ratings
Manager tracking tools
3.01 Ratings
00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Factorial
2.8
1 Ratings
97% below category average
Netchex
-
Ratings
Corporate goal setting
1.01 Ratings
00 Ratings
Individual goal setting
4.01 Ratings
00 Ratings
Line-of sight-visibility
4.01 Ratings
00 Ratings
Performance tracking
2.01 Ratings
00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Factorial
5.8
1 Ratings
31% below category average
Netchex
-
Ratings
Performance plans
6.01 Ratings
00 Ratings
Performance improvement plans
5.01 Ratings
00 Ratings
Review status tracking
7.01 Ratings
00 Ratings
Review reminders
6.01 Ratings
00 Ratings
Multiple review frequency
5.01 Ratings
00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Factorial
5.7
1 Ratings
30% below category average
Netchex
-
Ratings
Job Requisition Management
4.01 Ratings
00 Ratings
Company Website Posting
6.01 Ratings
00 Ratings
Publish to Social Media
6.01 Ratings
00 Ratings
Job Search Site Posting
4.01 Ratings
00 Ratings
Duplicate Candidate Prevention
7.01 Ratings
00 Ratings
Applicant Tracking
5.01 Ratings
00 Ratings
Notifications and Alerts
8.01 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
I am not fully convinced about factorial HR yet. We are about to transition to a new tool after using Recruitee for a long time. The bar was high when it came to recruitment ATS. and Factorial HR is multifaceted but not as well structured or functional. Support in other languages should also be improved, as those are the most common reviews I have seen online.
Netchex is great if you want to log in to one place to take care of all things employee-related. It is especially helpful if you have multiple locations or divisions as you can easily set these up and manage them as needed. The more employees you have, the more you will benefit from a program like Netchex that provides so much support for your business. Our company has multiple locations of stores and many employee position levels and Netchex has been great at keeping all of this simple when a lessor product could make it much more complicated. Netchex would not be as appropriate if you have a very small business or a simple payroll structure. It would definitely still work well for you, it would just be more sophisticated than you would require.
My Netchex Service Team is very responsive and friendly. They are willing and able to spend the amount of time needed on one call to troubleshoot most problems or answer questions.
Their recent updates to the employee dashboard have been well-received by our seasonal team. Employees are able to quickly find what they are looking for which has minimized the amount of requests that my team receives regarding questions on pay or updating personal information.
Online W-2 forms have been a game-changer for us since moving to Netchex. Our staff tend to move around a lot and most do not get the mailed copy of their W-2. The electronic consent has saved me hours and hours of time.
SOME CUST SVC REPS MAY NEED ADDITIONAL TRAINING ON WORK AROUNDS
WOULD PREFER TO CHAT WITH SOMEONE, SOMETIMES WORDS IN TEXT COULD BE MISINTERPRETED. ALSO SPEAKING TO SOMEONE IS ALWAYS A POSITIVE
NOT REALLY ANYTHING ELSE BUT HAVE BEEN USING THEM 3 MONTHS SO NOT LONG INTO IT.....VERY EASY SYSTEM AND LOVE I CAN DO A NEGATIVE INSTEAD OF HAVING TO CALL AND ASK THEM TO DO IT ON THEIR END.
The first line CE team is phenomenal. They are helpful, friendly, and knowledgeable. We have had less luck with the responsiveness of the tax department. However, their response time has improved drastically over the past year.
I does not stack up very well. It's best feature is that it is a 360 HR platform, but it needs to evolve and improve. Recruitee and Teamtailor seem way better options, in my opinion, for the Applicant tracking system. Time off tends to get confusing at times, and employees prefer tools like bamboo or Roots, which integrate well with other tools.
I like that they are not so big that they ignore the small customers. They are also reasonably priced. Their support is excellent, I had worked with ADP in a prior position, and we did not have the same kind of support
Associates can easily access their data and make changes to things like their address and direct deposit, saving manager time to focus on more critical tasks within the organization
NetRecruitier has one site that can be posted to multiple job boards with one applicant tracking system
Electronic Onboarding allows us to get information out to the new employee so we can start with expectations on their first day and they know what to expect.