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Netchex

Score9 out of 10

31 Reviews and Ratings

What is Netchex?

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.

Top Performing Features

  • Direct deposit files

    Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

    Category average: 9.2

  • Salary revision and increment management

    Salary revision is the ability to modify individual employee pay.

    Category average: 8.7

  • Benefit plan administration

    Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

    Category average: 8.2

Areas for Improvement

  • Pay calculation

    Pay calculation provides for computation of employee pay with state and federal deductions.

    Category average: 9.1

  • Support for external payroll vendors

    Support for external payroll vendors is the ability to integrate with 3rd-party payroll services.

    Category average: 7.9

  • Reimbursement management

    Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

    Category average: 8.2

CONSIDERING NETCHEX - PLEASE READ

Use Cases and Deployment Scope

PAYROLL, TIMECLOCK, COMPANY MESSAGES, AND USE SEVERAL OF THEIR SERVICES

Pros

  • IMPLEMENTATION WAS STRONG AND HANDLED WELL - BY NICOLE L.
  • THE DEMO AND THE PRODUCTS OFFER WERE WHAT GOT ME WANTING TO SWITCH FROM PAYCHEX
  • THE CUSTOMER SERVICE HAS BEEN GOOD

Cons

  • 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.

Return on Investment

  • SAVING MONEY
  • ONE PLACE TO GO FOR EVERYTHING PAYROLL/HR RELATED

Alternatives Considered

Paychex Flex and CDK Drive

Netchex is a great product for a good value!

Use Cases and Deployment Scope

We have used Netchex for eight years for all personnel and payroll, including NetBenefits. It is an important tool to track employee payroll records and rates. They are very responsive to issues or questions. Love all the reports as well. They were very quick to initiate reports for our PPP Loan document needs. Lots of great info in Netchex University as well!

Pros

  • Reporting
  • Client Support
  • Ease of Payroll Input
  • Health Insurance Integration
  • Communication with Employees
  • Employee Self-Service

Cons

  • Rate History Reports
  • Insurance Benefits Integrations
  • Overtime Rates for Restaurant Industry

Most Important Features

  • Payroll
  • Personnel Management
  • NetBenefits
  • NetCobra

Return on Investment

  • Payroll Reporting to Control Labor Costs
  • PPP Loan Help
  • Monthly Fees Are Reasonable
  • Fee Increases Are Minimal

Alternatives Considered

QuickBooks Desktop Premier and ADP Streamline Payroll

Other Software Used

QuickBooks Online, OpenTable, NCR Aloha Cloud

Excellent Service focused on delivering value

Use Cases and Deployment Scope

When we started with Netchex we just used the payroll and benefits. Because of its ease of use we have also added Performance management. It has essentially given us an on-line version of an employee file. We can track training and when it expires (which was always cumbersome), how employees are doing, time-off, and of course payroll and benefits.

Pros

  • Customer Service
  • Continually evolving the product
  • Always looking for feedback

Cons

  • If we could see the features that they have in the que just to give us an idea of long-term road map

Most Important Features

  • Time and Attendance
  • Benefits

Return on Investment

  • Positive - we use to print checks, now it's all direct deposit.

Alternatives Considered

ADP GlobalView Payroll

Other Software Used

Formstack for Salesforce, QuickBooks Online Advanced

Convenient and Easy to Use!

Use Cases and Deployment Scope

Netchex helps us with many different functions like timecards, payroll, storing employee files for easy access, reports, and performance reviews. It is an easy and convenient app to use for employees and employers alike. It allows different levels of access, and the company can determine what employees get access to and how much we want to put in their hands.

Pros

  • Giving control to the company to determine how much is handed over to the employee to be accountable for.
  • Having an interface for storing and viewing employee documents such as licenses, emergency contact, correctives, and reviews outside of their physical file.
  • Providing means for employees to easily clock in and out as well as monitor their time.

Cons

  • I have noticed on the Time and Attendance Report some employees are not included despite when checking their personal accounts, the timecard does show they did clock in.

Most Important Features

  • Having employee timecards and payroll all done within the same program.
  • Being able to upload employee files to the system where managers at other locations can easily access.
  • Monitoring when licenses are going to expire through reports so that they can be renewed prior to any lapse.

Return on Investment

  • Has saved time by having tasks all in one place as well as an easy to use app for employees

Netchex is a great Payroll and HR product with great customer service. Excel Reports are easy to create and is very user friendly

Use Cases and Deployment Scope

Netchex is used for Payroll Services and also has great HR support functions and the excel spreadsheets are by far the best that I have used in several years. In the first couple of cases I had at the beginning of this year, the response time took way too long to get help. The response time on one case was 2 days. In the last several weeks Netchex response time has been getting better. Other than a couple of cases Netchex has been great and I would be happy to refer to another company.

Pros

  • Very knowledgeable on subjects ask
  • Customer Service does a great job
  • Cost is very affordable
  • Reports are easy to create in PDF or Excel

Cons

  • Response Time

Most Important Features

  • Payroll
  • HR Support
  • Easy to understand and work with

Return on Investment

  • Lower Cost Payroll Sevices
  • Employee Friendly
  • Great Excel Report For Labor Cost

Other Software Used

QuickBooks Desktop Enterprise

Usability