Microsoft Dynamics 365 Finance vs. Paychex

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics 365 Finance
Score 7.3 out of 10
N/A
Microsoft Dynamics 365 Finance is used to automate and modernize global financial operations. The application can monitor performance in real time, predict future outcomes, and support data-driven decisions to drive business growth.
$2,520
per year per user
Paychex
Score 6.8 out of 10
N/A
Paychex Flex, of Paychex' Online Payroll Services, is a cloud-based human resource management and payroll platform. Paychex offers core and specialized services, and scales to meet the needs of small businesses, SMBs, and large enterprises.N/A
Pricing
Microsoft Dynamics 365 FinancePaychex
Editions & Modules
Dynamics 365 Finance
$2520
per year per user
Dynamics 365 Finance Premium
$3600
per year per user
Paychex Flex Pro
Custom Pricing
per month/+$4 per employee
HR Pro
Custom Pricing
HR PEO
Custom Pricing
Paychex Flex Select
Custom Pricing
Paychex Flex Enterprise
Custom Pricing
Offerings
Pricing Offerings
Microsoft Dynamics 365 FinancePaychex
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics 365 FinancePaychex
Features
Microsoft Dynamics 365 FinancePaychex
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
41% below category average
Paychex
7.7
313 Ratings
5% below category average
Pay calculation5.01 Ratings8.0295 Ratings
Reimbursement management5.01 Ratings7.7118 Ratings
Off-cycle/On-Demand payment00 Ratings7.1153 Ratings
Benefit plan administration00 Ratings6.9174 Ratings
Direct deposit files00 Ratings8.3294 Ratings
Salary revision and increment management00 Ratings8.0209 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Finance
3.0
1 Ratings
87% below category average
Paychex
-
Ratings
API for custom integration3.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Finance
8.0
1 Ratings
3% below category average
Paychex
-
Ratings
Single sign-on capability9.01 Ratings00 Ratings
Role-based user permissions7.01 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
44% below category average
Paychex
-
Ratings
Dashboards5.01 Ratings00 Ratings
Standard reports5.01 Ratings00 Ratings
Custom reports5.01 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Finance
7.7
1 Ratings
1% above category average
Paychex
-
Ratings
Accounts payable7.01 Ratings00 Ratings
Accounts receivable7.01 Ratings00 Ratings
Cash management7.01 Ratings00 Ratings
Bank reconciliation7.01 Ratings00 Ratings
Expense management7.01 Ratings00 Ratings
Time tracking7.01 Ratings00 Ratings
Fixed asset management5.01 Ratings00 Ratings
Multi-currency support10.01 Ratings00 Ratings
Multi-division support10.01 Ratings00 Ratings
Regulations compliance7.01 Ratings00 Ratings
Electronic tax filing9.01 Ratings00 Ratings
Self-service portal10.01 Ratings00 Ratings
Global Financial Support10.01 Ratings00 Ratings
Primary and Secondary Ledgers10.01 Ratings00 Ratings
Intercompany Accounting10.01 Ratings00 Ratings
Localizations7.01 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Enterprise Accounting10.01 Ratings00 Ratings
Configurable Accounting3.01 Ratings00 Ratings
Centralized Rules Framework5.01 Ratings00 Ratings
Standardized Processes5.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
38% below category average
Paychex
-
Ratings
Inventory tracking5.01 Ratings00 Ratings
Location management5.01 Ratings00 Ratings
Manufacturing module5.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
40% below category average
Paychex
-
Ratings
Pricing5.01 Ratings00 Ratings
Order entry5.01 Ratings00 Ratings
Cost of goods sold5.01 Ratings00 Ratings
End-to-end order visibility5.01 Ratings00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
6.7
272 Ratings
19% below category average
Employee demographic data00 Ratings7.8219 Ratings
Employment history00 Ratings8.1242 Ratings
Job profiles and administration00 Ratings7.8177 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings7.8172 Ratings
Organizational charting00 Ratings1.01 Ratings
Organization and location management00 Ratings7.5158 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings6.7146 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
7.3
159 Ratings
11% below category average
Approval workflow00 Ratings7.3113 Ratings
Balance details00 Ratings7.5151 Ratings
Annual carry-forward and encashment00 Ratings7.0119 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
7.8
270 Ratings
5% below category average
View and generate pay and benefit information00 Ratings7.7248 Ratings
Update personal information00 Ratings7.9260 Ratings
View company policy documentation00 Ratings7.7121 Ratings
View job history00 Ratings7.9184 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
4.9
43 Ratings
49% below category average
Tracking of all physical assets00 Ratings4.943 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
5.9
177 Ratings
24% below category average
Report builder00 Ratings6.3147 Ratings
Pre-built reports00 Ratings6.3165 Ratings
Ability to combine HR data with external data00 Ratings5.191 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
6.4
173 Ratings
22% below category average
New hire portal00 Ratings6.7165 Ratings
Manager tracking tools00 Ratings6.1109 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Paychex
5.1
70 Ratings
42% below category average
Job Requisition Management00 Ratings5.536 Ratings
Company Website Posting00 Ratings5.234 Ratings
Publish to Social Media00 Ratings4.728 Ratings
Job Search Site Posting00 Ratings5.235 Ratings
Duplicate Candidate Prevention00 Ratings4.734 Ratings
Applicant Tracking00 Ratings4.839 Ratings
Notifications and Alerts00 Ratings5.964 Ratings
Best Alternatives
Microsoft Dynamics 365 FinancePaychex
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.0 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
Enterprises
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
PeopleStrong
PeopleStrong
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Microsoft Dynamics 365 FinancePaychex
Likelihood to Recommend
9.0
(1 ratings)
6.2
(321 ratings)
Likelihood to Renew
-
(0 ratings)
1.2
(44 ratings)
Usability
10.0
(1 ratings)
6.7
(264 ratings)
Availability
-
(0 ratings)
5.5
(12 ratings)
Performance
-
(0 ratings)
7.1
(12 ratings)
Support Rating
8.0
(1 ratings)
6.1
(264 ratings)
In-Person Training
-
(0 ratings)
4.5
(1 ratings)
Online Training
-
(0 ratings)
8.3
(4 ratings)
Implementation Rating
-
(0 ratings)
5.3
(13 ratings)
Configurability
-
(0 ratings)
5.0
(9 ratings)
Ease of integration
-
(0 ratings)
9.1
(3 ratings)
Product Scalability
-
(0 ratings)
5.9
(12 ratings)
Vendor post-sale
-
(0 ratings)
2.2
(33 ratings)
Vendor pre-sale
-
(0 ratings)
3.2
(34 ratings)
User Testimonials
Microsoft Dynamics 365 FinancePaychex
Likelihood to Recommend
Microsoft
I think Microsoft Dynamics 365 Finance is well suited to an established company that is relatively inflexible and large. It contains very large divisions or even separate entities that all feed into the same database / g/l structure. The optimal company will not have many changes over time, and will be configured once and any new divisions or companies will be forced to fit into the corporate dictated structure and rules.
Read full review
Paychex Inc.
Paychex is great option for smaller employers as the site offers perk benefits to employees at no cost to the employer. I don't see anything like this being offered at competitors such as ADP RUN/Total Source, Bamboo, Trinet, Justworks or Gusto. Also, the initial set up is relatively easy and the dedicated support for set up is great along with our regular dedicated payroll support.
Read full review
Pros
Microsoft
  • Full range of customization options
  • Documentation
  • Cross platform analytics with use of
Read full review
Paychex Inc.
  • It provides a well account of Retirement Plan Account Information.
  • Alerts are sent to email when there is new information to access.
  • Employee access both online and thru app.
  • Paperless options.
  • Easy and quick access to paystubs and tax forms.
  • Easy employee retirement management.
Read full review
Cons
Microsoft
  • Flexibility in configuration
  • Project management tracking
  • Interoperability with external systems
  • Ease of customization
Read full review
Paychex Inc.
  • I understand logging you out is a security function, but I'd prefer it not to log you out so soon.
  • The training we received for the team's meeting was subpar, in my opinion. Probably better geared for people with little to no computer experience. Very slow pace; we could have easily received all of this from some tutorials in a few minutes.
Read full review
Likelihood to Renew
Microsoft
No answers on this topic
Paychex Inc.
Overall I like the features that Paychex Flex offers. I am sure that there are other features that I am unaware of, so I am excited to see if there is more that Flex is capable of to make my job easier. The basic features are really user friendly and easy to access. If there ever is an issue customer service is great
Read full review
Usability
Microsoft
It's extremely versatile, mirrored with so much documentation.
Read full review
Paychex Inc.
Employee usability is very good and user-friendly. For the most part, the employer usability is good, but for complicated rules and policies, it requires technical assistance, which in our case, was clunky and slow in implementation. Once is place, everything works as it should
Read full review
Reliability and Availability
Microsoft
No answers on this topic
Paychex Inc.
We have not experienced any difficulties with unplanned outages. Notifications are always made for outages, and they do not effect normal business operations.
Read full review
Performance
Microsoft
No answers on this topic
Paychex Inc.
Unless there is lag time within the internet, the Paychex Flex website loads exceptional fast, pages load quickly and reports that I need to print or download load quickly. If I need to create a specialized report, once I complete it I receive an e-mail telling me my report is ready to be downloaded. Changing between web pages is fast as well.
Read full review
Support Rating
Microsoft
They are good, but there is always room to be better.
Read full review
Paychex Inc.
Chat has been helpful but the person I chat with isn't always able to help me with my questions. Phone support is ok, depending on your payroll specialist. We have a great one currently, but the few before that were never available and did not return calls.
Read full review
In-Person Training
Microsoft
No answers on this topic
Paychex Inc.
We did online training only
Read full review
Online Training
Microsoft
No answers on this topic
Paychex Inc.
It was easy to understand and follow along. I do like the informational videos that we can utilize before we opt to call in for customer service support. It has made a difference since sometimes that resolves the issue I may have had and saved myself a phone call to Paychex support.
Read full review
Implementation Rating
Microsoft
No answers on this topic
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
Microsoft
Microsoft Dynamics 365 Finance is more robust, and can handle larger, more complex business operations, and have better delineation between corporate management and divisions in a company, but it is not flexible, nor easy to change. It is complex, inflexible, and difficult to incorporate new workflows or business rules to accommodate changes in the business. We have changed over the past decade and while F&O is big and robust, it is not nimble.
Read full review
Paychex Inc.
We still use QB Desktop Pro to maintain a Check Register / Overall Balance for the company, but once having tried QB Payroll Online for about 3 months prior to finding Paychex Flex I can tell you that there's just no comparison. QB online is VERY EXPENSIVE and not so user-friendly. I hated every minute of those 6 payrolls we ran through QB online.
Read full review
Scalability
Microsoft
No answers on this topic
Paychex Inc.
I generally do payroll at the office, however I have had to go remote due to internet issues and also had to take payroll on vacation with me. Very easy to log in wherever you are and manage your TAA and payroll
Read full review
Return on Investment
Microsoft
  • Because F&O is not very nimble, we are looking to reimplement
  • The lack of interoperability has hindered our ability to use external tools to supplement shortcomings of the product
  • The inflexibility has lead to great frustration from team leads
Read full review
Paychex Inc.
  • With Paychex Flex we have been able to improve our compliance with required documentation for new/rehires
  • Moving everyone to direct deposit and mobile clock in/out eliminated lines at punching stations and paycheck pickup stations
  • Lost checks is a thing of the past
Read full review
ScreenShots

Paychex Screenshots

Screenshot of Paychex Payroll DashboardScreenshot of Employee Background ChecksScreenshot of Paychex HR DashboardScreenshot of Paychex Flex Perks