Netchex vs. QuickBooks Online

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Netchex
Score 8.8 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
QuickBooks Online
Score 8.2 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$20
per month
Pricing
NetchexQuickBooks Online
Editions & Modules
No answers on this topic
Solopreneur
$20
per month
Simple Start
$35
per month
Plus
$99
per month
Advanced
$235
per month
Offerings
Pricing Offerings
NetchexQuickBooks Online
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
NetchexQuickBooks Online
Considered Both Products
Netchex
Chose Netchex
We were looking for a company to help us manange ObamaCare (ACA) and Quickbooks Payroll did not offer any options. ADP did not have the extensive program that Netchex offered. ADP was also much more expensive. Netchex ACA Central was the best product on the market and the best …
Chose 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
QuickBooks Online

No answer on this topic

Top Pros
Top Cons
Features
NetchexQuickBooks Online
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Netchex
9.3
16 Ratings
13% above category average
QuickBooks Online
3.6
79 Ratings
69% below category average
Pay calculation9.616 Ratings4.970 Ratings
Support for external payroll vendors8.55 Ratings00 Ratings
Off-cycle/On-Demand payment9.611 Ratings00 Ratings
Benefit plan administration9.713 Ratings4.832 Ratings
Direct deposit files10.016 Ratings5.865 Ratings
Salary revision and increment management9.811 Ratings1.444 Ratings
Reimbursement management8.17 Ratings1.046 Ratings
Customization
Comparison of Customization features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
6.1
70 Ratings
20% below category average
API for custom integration00 Ratings8.556 Ratings
Plug-ins00 Ratings3.857 Ratings
Security
Comparison of Security features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
9.3
110 Ratings
12% above category average
Single sign-on capability00 Ratings9.082 Ratings
Role-based user permissions00 Ratings9.6104 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
7.8
134 Ratings
0% above category average
Dashboards00 Ratings7.7126 Ratings
Standard reports00 Ratings8.1130 Ratings
Custom reports00 Ratings7.8118 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
7.9
145 Ratings
3% above category average
Accounts payable00 Ratings8.5124 Ratings
Accounts receivable00 Ratings8.6133 Ratings
Cash management00 Ratings9.1122 Ratings
Bank reconciliation00 Ratings9.0139 Ratings
Expense management00 Ratings8.2124 Ratings
Time tracking00 Ratings1.156 Ratings
Fixed asset management00 Ratings9.654 Ratings
Multi-currency support00 Ratings1.223 Ratings
Multi-division support00 Ratings9.844 Ratings
Regulations compliance00 Ratings9.739 Ratings
Electronic tax filing00 Ratings7.667 Ratings
Self-service portal00 Ratings5.867 Ratings
Global Financial Support00 Ratings9.717 Ratings
Primary and Secondary Ledgers00 Ratings6.836 Ratings
Intercompany Accounting00 Ratings9.630 Ratings
Localizations00 Ratings9.622 Ratings
Journals and Reconciliations00 Ratings7.575 Ratings
Enterprise Accounting00 Ratings9.426 Ratings
Configurable Accounting00 Ratings8.539 Ratings
Centralized Rules Framework00 Ratings8.425 Ratings
Standardized Processes00 Ratings8.050 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
3.3
48 Ratings
73% below category average
Inventory tracking00 Ratings1.145 Ratings
Automatic reordering00 Ratings1.122 Ratings
Location management00 Ratings9.722 Ratings
Manufacturing module00 Ratings1.217 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Netchex
-
Ratings
QuickBooks Online
5.5
88 Ratings
32% below category average
Pricing00 Ratings5.255 Ratings
Order entry00 Ratings5.253 Ratings
Credit card processing00 Ratings9.664 Ratings
Cost of goods sold00 Ratings6.869 Ratings
Order Orchestration00 Ratings5.221 Ratings
End-to-end order visibility00 Ratings5.220 Ratings
Order exception Resolution00 Ratings1.118 Ratings
Best Alternatives
NetchexQuickBooks Online
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.6 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Accounting Seed
Accounting Seed
Score 7.5 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NetchexQuickBooks Online
Likelihood to Recommend
9.0
(24 ratings)
7.0
(163 ratings)
Likelihood to Renew
9.9
(2 ratings)
2.3
(24 ratings)
Usability
9.9
(2 ratings)
7.7
(78 ratings)
Availability
-
(0 ratings)
2.0
(5 ratings)
Performance
-
(0 ratings)
1.0
(4 ratings)
Support Rating
9.9
(3 ratings)
1.4
(68 ratings)
Implementation Rating
8.2
(2 ratings)
3.0
(6 ratings)
Configurability
-
(0 ratings)
10.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.3
(2 ratings)
Product Scalability
-
(0 ratings)
1.0
(2 ratings)
Vendor post-sale
-
(0 ratings)
1.0
(2 ratings)
Vendor pre-sale
-
(0 ratings)
1.0
(2 ratings)
User Testimonials
NetchexQuickBooks Online
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
Intuit
QuickBooks Online is well suited for businesses looking for a cloud-based accounting software package allowing staff to work remotely or in a hybrid setting. QuickBooks Online is great for companies that want an efficient accounting software package that lends well to basic financial reporting (income statement and balance sheet). We enjoy working in QuickBooks Online.
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.
Read full review
Intuit
  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
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.
Read full review
Intuit
  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
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Likelihood to Renew
Netchex
Easy to work with.
Read full review
Intuit
It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
Read full review
Usability
Netchex
Very user friendly and great interface.
Read full review
Intuit
While QuickBooks Online is generally easy to navigate, there are some features and functions that often require a Google search in order to find out where they are actually hidden. Additionally, there are some simple customization features that are surprisingly not available for an otherwise advanced program (e.g. only having a pool of 4 fonts to choose from, only having 4 very limited templates for invoicing, not color selection, etc). While I would say that about 75% of users shouldn't have a problem finding their way around with basic functions, there is a learning curve if you want to be able to dive into some of the more useful features, almost to the point that you need to have a dedicated account manager in order to use QuickBooks Online most effectively.
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Reliability and Availability
Netchex
No answers on this topic
Intuit
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
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Performance
Netchex
No answers on this topic
Intuit
There are tab issues. When I tab the field doesn't highlight and I have to backspace or delete what is in the field. Happens on the memo field and sometimes other fields. Very time consuming.
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.
Read full review
Intuit
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
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Implementation Rating
Netchex
Implementation took some time but was pretty much error free.
Read full review
Intuit
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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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
Intuit
Quick and easy to set up. QuickBooks Online has a full suite of bookkeeping tools and pricing is affordable. QBO is best suited for Small Businesses and it's cloud-based, which is also well suited for the owners who work remotely. It is flexible and integrates well with Third-Party Payments. Bank reconciliation is a breeze.
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Scalability
Netchex
No answers on this topic
Intuit
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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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.
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Intuit
  • It has created a lot of cost and in-efficiency whenever we need to talk to support.
  • I spent a lot of time setting up their automatic reminders for past due invoices and it worked for a couple of months and then it stopped. It's currently being worked on by their tech team but it has been months and it is still not working. It would have saved me a lot of time.
  • Their multi-currency saves time in sending invoices abroad but it's limiting when a customer wants an invoice in USD instead of a foreign currency so I have to set up different customer accounts for different currencies.
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