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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Netchex

    Score9 out of 10
    N/ANetchex 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

    Payroll by Wave

    Score10 out of 10
    N/AWave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
    Pricing
    NetchexPayroll by Wave
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    NetchexPayroll by Wave
    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
    NetchexPayroll by Wave
    Considered Both Products
    Netchex
    No answer on this topic
    Wave
    No answer on this topic
    Key User Insights
    Would buy again
    91%
    Would buy again
    20 Answers
    100%
    Would buy again
    5 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    17 Answers
    100%
    Delivers good value for the price
    5 Answers
    Happy with the feature set
    95%
    Happy with the feature set
    21 Answers
    100%
    Happy with the feature set
    5 Answers
    Lived up to sales and marketing promises
    89%
    Lived up to sales and marketing promises
    16 Answers
    No answers on this topic
    Implementation went as expected
    83%
    Implementation went as expected
    15 Answers
    No answers on this topic
    Features
    NetchexPayroll by Wave
    Payroll Management
    Comparison of Payroll Management features of Netchex and Payroll by Wave
    Feature
    Netchex
    9.4
    16 Ratings
    13% above category average
    Payroll by Wave
    9.4
    5 Ratings
    13% above category average
    Pay calculation9.616 Ratings10.05 Ratings
    Support for external payroll vendors8.65 Ratings9.03 Ratings
    Off-cycle/On-Demand payment9.711 Ratings9.03 Ratings
    Benefit plan administration9.813 Ratings9.01 Ratings
    Direct deposit files10.016 Ratings9.05 Ratings
    Salary revision and increment management9.911 Ratings9.55 Ratings
    Reimbursement management8.17 Ratings10.02 Ratings
    Best Alternatives
    NetchexPayroll by Wave
    Small Businesses
    Patriot Payroll
    Score8.6 out of 10
    Patriot Payroll
    Score8.6 out of 10
    Medium-sized Companies
    APS
    Score5.7 out of 10
    APS
    Score5.7 out of 10
    Enterprises
    ADP Streamline Payroll
    Score6.1 out of 10
    ADP Streamline Payroll
    Score6.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    NetchexPayroll by Wave
    Likelihood to Recommend
    9.0
    (24 ratings)
    10.0
    (6 ratings)
    Likelihood to Renew
    9.9
    (2 ratings)
    10.0
    (1 ratings)
    Usability
    9.9
    (2 ratings)
    10.0
    (1 ratings)
    Support Rating
    9.9
    (3 ratings)
    8.9
    (2 ratings)
    Implementation Rating
    8.2
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    NetchexPayroll by Wave
    Likelihood to Recommend
    Netchex
    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.
    Read full review
    Wave
    Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
    Incentivized
    Read full review
    Pros
    Netchex
    • 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.
    Incentivized
    Read full review
    Wave
    • An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
    • Pay day can be automated and straightforward.
    • Wave onboarding provides guidance at what information to input next until you are all set up.
    Incentivized
    Read full review
    Cons
    Netchex
    • 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.
    Incentivized
    Read full review
    Wave
    • Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
    • Option to further customize payroll statements
    • Add a per employee payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
    Incentivized
    Read full review
    Likelihood to Renew
    Netchex
    Easy to work with.
    Read full review
    Wave
    No answers on this topic
    Usability
    Netchex
    Very user friendly and great interface.
    Incentivized
    Read full review
    Wave
    Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
    Incentivized
    Read full review
    Support Rating
    Netchex
    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.
    Incentivized
    Read full review
    Wave
    Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
    Incentivized
    Read full review
    Implementation Rating
    Netchex
    Implementation took some time but was pretty much error free.
    Read full review
    Wave
    No answers on this topic
    Alternatives Considered
    Netchex
    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
    Read full review
    Wave
    First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
    Incentivized
    Read full review
    Return on Investment
    Netchex
    • 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.
    Read full review
    Wave
    • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
    • Easy to use interface saves time and helps ensure I am paid on time.
    Incentivized
    Read full review
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