HotSchedules and Fourth Payroll and Benefits vs. Toast Payroll & Team Management

HotSchedules and Fourth Payroll and Benefits

Toast Payroll & Team Management

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
HotSchedules and Fourth Payroll and Benefits	Score 8.0 out of 10	N/A	The Payroll and Benefits solution from HotSchedules, now powered by Fourth, is built specifically for restaurants and hospitality, and allows users to manage multiple employments, varying pay rates, shift work, variable hours, temporary staff, and PTO. Users may optionally outsource payroll to HotSchedules & Fourth.	N/A
Toast Payroll & Team Management	Score 8.6 out of 10	N/A	Toast Payroll & Team Management offers HR, payroll, and benefits solutions to meet a variety of restaurant needs. It is based on the former StratEx product, developed by the company of the same name in Chicago that was acquired by Toast July 2019.	N/A

Pricing

HotSchedules and Fourth Payroll and Benefits

Toast Payroll & Team Management

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
HotSchedules and Fourth Payroll and Benefits	Toast Payroll & Team Management
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

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More Pricing Information

Community Pulse
	HotSchedules and Fourth Payroll and Benefits	Toast Payroll & Team Management
Top Pros	Pro Send invoices	Pro Software support Pro General support Pro Expense reporting
Top Cons	Minus Email messages	Minus Data point Minus Create reports Minus Benefit enrollment

Features

HotSchedules and Fourth Payroll and Benefits

Toast Payroll & Team Management

Payroll Management

Comparison of Payroll Management features of Product A and Product B
	HotSchedules and Fourth Payroll and Benefits 8.0 1 Ratings 3% below category average	Toast Payroll & Team Management 8.1 3 Ratings 1% below category average
Pay calculation	8.01 Ratings	8.43 Ratings
Salary revision and increment management	8.01 Ratings	8.63 Ratings
Support for external payroll vendors	00 Ratings	7.02 Ratings
Off-cycle/On-Demand payment	00 Ratings	8.01 Ratings
Benefit plan administration	00 Ratings	7.63 Ratings
Direct deposit files	00 Ratings	9.03 Ratings
Reimbursement management	00 Ratings	8.22 Ratings

Best Alternatives
	HotSchedules and Fourth Payroll and Benefits	Toast Payroll & Team Management
Small Businesses	Patriot Software Score 9.3 out of 10	Patriot Software Score 9.3 out of 10
Medium-sized Companies	Paypro Workforce Management Score 9.6 out of 10	Paypro Workforce Management Score 9.6 out of 10
Enterprises	Infor Human Resources Score 7.1 out of 10	Infor Human Resources Score 7.1 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	HotSchedules and Fourth Payroll and Benefits	Toast Payroll & Team Management
Likelihood to Recommend	8.0 (1 ratings)	6.4 (3 ratings)

User Testimonials
	HotSchedules and Fourth Payroll and Benefits	Toast Payroll & Team Management
Likelihood to Recommend	HotSchedules and Fourth Hot Schedules/Labour Productivity has been very useful in helping with sales forecasting, utilizing past data combined with weather and national events; however its allocation of staffing is very generic across a large brand, so not much scope for the software to 'learn' what works well for individual sites - e.g. where one restaurant may need 2 people to cover their peak, another may need 4, to account for things like prep, restaurant layout, etc. Incentivized DH David Hale Restaurant Manager Read full review	Toast I believe StratEx is well suited for any type of business at any size. However, I believe the sweet spot would be hotels and restaurants that are small to midsize. With the right HR staff in place, StratEx is so user-friendly and moldable to the needs of the business that it can be used in any industry, location, or by any company with any employee population. Incentivized Tyler Collum Corporate Director Of Human Resources Read full review
Pros	HotSchedules and Fourth Personal Information Storage Forecasting Labour Costing Incentivized DH David Hale Restaurant Manager Read full review	Toast Tip splitting Payroll by class Specific reports Incentivized Justin Gipp Senior Accountant Read full review
Cons	HotSchedules and Fourth Quicker Sales Data Importing Easier Access to Employee Documents Holiday information on employee end Incentivized DH David Hale Restaurant Manager Read full review	Toast HR - We used to receive HR support and that is something that we really miss. StratEx was also our broker so made the health care side of things seamless and we miss that too. Support - Sometimes the support we get is lacking or we get different answers from different people. Incentivized Verified User Anonymous Read full review
Alternatives Considered	HotSchedules and Fourth No answers on this topic	Toast Without a doubt, StratEx wins. Against all the major players in the HRS/HRIS industry, StratEx's biggest win is cost, both implementation and ongoing costs. The other's we evaluated offered tons of flashy things that most companies don't really need. When it was all said it done, we looked at what we needed and what we will need and determined that there is no reason to pay for a "big" brand name and be a small fish in their large ponds. I cannot imagine there is a company that would need anything StratEx doesn't offer. And, when it came down to it, all the major players came down from their original proposals by $100,000 or more to be more competitive with StratEx and we still went with StratEx. They've kept every promise, they've always been available, and they know where they are going as a company. Incentivized Tyler Collum Corporate Director Of Human Resources Read full review
Return on Investment	HotSchedules and Fourth More Accurate Forecasting Better Daily Labour Control Holiday Planning Incentivized DH David Hale Restaurant Manager Read full review	Toast Great reports and analytics Moderately high fees Convenience Incentivized Justin Gipp Senior Accountant Read full review
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