TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Contact about Paychex

Please fill out the form below to get in touch.

Paychex Inc.

Connect with Paychex Inc.

What are you interested in?

Already have an account?

You hereby consent to have TrustRadius share the information supplied on this form with Paychex Inc. so that Paychex Inc. and TrustRadius may contact you in regard to the information requested.

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Microsoft Dynamics 365 Finance

    Score6.6 out of 10
    N/AMicrosoft 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

    Score6.9 out of 10
    N/APaychex 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
    Considered Both Products
    Microsoft
    No answer on this topic
    Paychex Inc.
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    88%
    Would buy again
    267 Answers
    Delivers good value for the price
    No answers on this topic
    90%
    Delivers good value for the price
    240 Answers
    Happy with the feature set
    No answers on this topic
    93%
    Happy with the feature set
    281 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    89%
    Lived up to sales and marketing promises
    202 Answers
    Implementation went as expected
    No answers on this topic
    89%
    Implementation went as expected
    216 Answers
    Features
    Microsoft Dynamics 365 FinancePaychex
    Payroll Management
    Comparison of Payroll Management features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    41% below category average
    Paychex
    7.7
    319 Ratings
    6% below category average
    Pay calculation5.01 Ratings8.0301 Ratings
    Reimbursement management5.01 Ratings7.4122 Ratings
    Support for external payroll vendors00 Ratings7.44 Ratings
    Off-cycle/On-Demand payment00 Ratings7.4157 Ratings
    Benefit plan administration00 Ratings7.2179 Ratings
    Direct deposit files00 Ratings8.3299 Ratings
    Salary revision and increment management00 Ratings8.0214 Ratings
    Customization
    Comparison of Customization features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    6.8
    2 Ratings
    11% below category average
    Paychex
    -
    Ratings
    API for custom integration5.62 Ratings00 Ratings
    Plug-ins8.01 Ratings00 Ratings
    Security
    Comparison of Security features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    8.3
    2 Ratings
    1% above category average
    Paychex
    -
    Ratings
    Single sign-on capability9.02 Ratings00 Ratings
    Role-based user permissions7.52 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    6.7
    2 Ratings
    15% below category average
    Paychex
    -
    Ratings
    Dashboards6.52 Ratings00 Ratings
    Standard reports7.02 Ratings00 Ratings
    Custom reports6.52 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    8.1
    2 Ratings
    6% above category average
    Paychex
    -
    Ratings
    Accounts payable7.52 Ratings00 Ratings
    Accounts receivable8.02 Ratings00 Ratings
    Cash management8.02 Ratings00 Ratings
    Bank reconciliation8.02 Ratings00 Ratings
    Expense management8.02 Ratings00 Ratings
    Time tracking7.01 Ratings00 Ratings
    Fixed asset management6.52 Ratings00 Ratings
    Multi-currency support9.02 Ratings00 Ratings
    Multi-division support9.52 Ratings00 Ratings
    Regulations compliance8.02 Ratings00 Ratings
    Electronic tax filing8.02 Ratings00 Ratings
    Self-service portal9.52 Ratings00 Ratings
    Global Financial Support9.52 Ratings00 Ratings
    Primary and Secondary Ledgers9.52 Ratings00 Ratings
    Intercompany Accounting9.52 Ratings00 Ratings
    Localizations7.52 Ratings00 Ratings
    Journals and Reconciliations8.52 Ratings00 Ratings
    Enterprise Accounting9.52 Ratings00 Ratings
    Configurable Accounting5.62 Ratings00 Ratings
    Centralized Rules Framework6.52 Ratings00 Ratings
    Standardized Processes7.02 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    37% 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 Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    39% 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 Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    7.3
    278 Ratings
    12% below category average
    Employee demographic data00 Ratings7.7225 Ratings
    Employment history00 Ratings7.9248 Ratings
    Job profiles and administration00 Ratings7.7182 Ratings
    Workflow for transfers, promotions, pay raises, etc.00 Ratings7.8179 Ratings
    Organizational charting00 Ratings6.34 Ratings
    Organization and location management00 Ratings7.1163 Ratings
    Compliance data (COBRA, OSHA, etc.)00 Ratings6.4148 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    7.2
    161 Ratings
    13% below category average
    Approval workflow00 Ratings7.5115 Ratings
    Balance details00 Ratings7.6153 Ratings
    Annual carry-forward and encashment00 Ratings6.3120 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    7.4
    276 Ratings
    11% below category average
    View and generate pay and benefit information00 Ratings8.1254 Ratings
    Update personal information00 Ratings7.6266 Ratings
    View company policy documentation00 Ratings7.4125 Ratings
    Employee recognition00 Ratings6.33 Ratings
    View job history00 Ratings7.6190 Ratings
    Asset Management
    Comparison of Asset Management features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    6.4
    44 Ratings
    23% below category average
    Tracking of all physical assets00 Ratings6.444 Ratings
    HR Reporting
    Comparison of HR Reporting features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    6.1
    179 Ratings
    22% below category average
    Report builder00 Ratings6.5149 Ratings
    Pre-built reports00 Ratings6.8167 Ratings
    Ability to combine HR data with external data00 Ratings5.093 Ratings
    Onboarding
    Comparison of Onboarding features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    6.9
    176 Ratings
    15% below category average
    New hire portal00 Ratings7.0168 Ratings
    Manager tracking tools00 Ratings6.7112 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    9.0
    1 Ratings
    10% above category average
    Corporate goal setting00 Ratings8.01 Ratings
    Individual goal setting00 Ratings9.01 Ratings
    Line-of sight-visibility00 Ratings9.01 Ratings
    Performance tracking00 Ratings10.01 Ratings
    Performance Management
    Comparison of Performance Management features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    9.0
    1 Ratings
    12% above category average
    Performance plans00 Ratings9.01 Ratings
    Performance improvement plans00 Ratings9.01 Ratings
    Review status tracking00 Ratings9.01 Ratings
    Review reminders00 Ratings9.01 Ratings
    Multiple review frequency00 Ratings9.01 Ratings
    Succession Planning
    Comparison of Succession Planning features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    7.7
    2 Ratings
    2% below category average
    Candidate ranking00 Ratings7.31 Ratings
    Candidate search00 Ratings7.52 Ratings
    Candidate development00 Ratings8.21 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Microsoft Dynamics 365 Finance and Paychex
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Paychex
    5.4
    72 Ratings
    38% below category average
    Job Requisition Management00 Ratings5.138 Ratings
    Company Website Posting00 Ratings5.235 Ratings
    Publish to Social Media00 Ratings5.729 Ratings
    Job Search Site Posting00 Ratings6.137 Ratings
    Duplicate Candidate Prevention00 Ratings4.635 Ratings
    Applicant Tracking00 Ratings4.741 Ratings
    Notifications and Alerts00 Ratings6.266 Ratings
    Best Alternatives
    Microsoft Dynamics 365 FinancePaychex
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    UZIO
    Score9.4 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Zoho People
    Score8.6 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    PeopleStrong
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Microsoft Dynamics 365 FinancePaychex
    Likelihood to Recommend
    6.0
    (3 ratings)
    6.8
    (334 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.2
    (48 ratings)
    Usability
    6.5
    (3 ratings)
    7.2
    (275 ratings)
    Availability
    -
    (0 ratings)
    5.2
    (12 ratings)
    Performance
    -
    (0 ratings)
    7.0
    (12 ratings)
    Support Rating
    8.0
    (1 ratings)
    6.5
    (274 ratings)
    In-Person Training
    -
    (0 ratings)
    4.5
    (1 ratings)
    Online Training
    -
    (0 ratings)
    2.7
    (4 ratings)
    Implementation Rating
    -
    (0 ratings)
    5.1
    (13 ratings)
    Configurability
    -
    (0 ratings)
    5.0
    (9 ratings)
    Ease of integration
    -
    (0 ratings)
    9.1
    (3 ratings)
    Product Scalability
    -
    (0 ratings)
    5.4
    (12 ratings)
    Vendor post-sale
    -
    (0 ratings)
    5.7
    (34 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    6.2
    (35 ratings)
    User Testimonials
    Microsoft Dynamics 365 FinancePaychex
    Likelihood to Recommend
    Microsoft
    Its well suited for medium and large organizations that needs strong financial control , automated workflows , inter-company accounting and real-time reporting . It works wonderfully with all the Microsoft products . However , it may be less useful for small businesses as it requires a good investment in implementation , customization , licensing and user training
    Incentivized
    Read full review
    Paychex Inc.
    It is best suited for payrolls from 1 to 150 employees, because their constant attention and flex system are easy to use. Any problem is taking care by your Paychex Agent, and they always listen to you. Better yet, when you become a client with more than 5 years, you get special discount on your renewal. Honestly, I can't not think on nothing that will be less appropriate.
    Incentivized
    Read full review
    Pros
    Microsoft
    • Financial reporting
    • Multi-company consolidation
    • Hub and spoke setup
    • Web-based access
    Incentivized
    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.
    Incentivized
    Read full review
    Cons
    Microsoft
    • More clarity on features going away
    • New feature showcases
    • Demonstrations for how things were intended to be used
    Incentivized
    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.
    Incentivized
    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
    Incentivized
    Read full review
    Usability
    Microsoft
    As the UI is modern and user friendly which makes it easy to navigate . The dashboard , workspace and personalized view helps to access the right set of information with ease
    Incentivized
    Read full review
    Paychex Inc.
    Once you are set up in the system, it is very user-friendly and usability is on par with my expectations. Onboarding new employees is simple, employee access is simple and easy for them to use. Tax documentation, reporting, and entering payroll is easy and user-friendly. Running reports and finding information necessary to keep the flow moving foward is easy to do
    Incentivized
    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.
    Incentivized
    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.
    Incentivized
    Read full review
    Support Rating
    Microsoft
    They are good, but there is always room to be better.
    Incentivized
    Read full review
    Paychex Inc.
    The dedicated support we are given is good and very responsive. If there is a change to the dedicated support, we are notified quickly and have temporary support in place while we wait for our new rep. The phone support is knowledgeable and quick to help if there is an immediate need. However, the chat support can be the slowest option and doesn't always launch so I rarely use it.
    Incentivized
    Read full review
    In-Person Training
    Microsoft
    No answers on this topic
    Paychex Inc.
    We did online training only
    Incentivized
    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.
    Incentivized
    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.
    Incentivized
    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.
    Incentivized
    Read full review
    Paychex Inc.
    In addition to the ones listed above, we also used BenePay, a local payroll company. We found Paychex Flex priced in the middle, with ADP the most expensive and too complicated, with many features that were unnecessary for us. We found that Paychex Flex's features and reporting to be sized right for our size (around 30 employees). Paychex Flex also offered a very reasonable service to apply for the ERTC
    Incentivized
    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
    Incentivized
    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
    Incentivized
    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
    Incentivized
    Read full review
    ScreenShots

    Paychex Screenshots

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