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Paychex

SaaS

Paychex offers payroll, HR, benefits and workforce services for small and mid-sized US businesses, with options for accounting professionals.

paychex.com
Paychex homepage screenshot

About Paychex

Paychex is a US provider of payroll and human resources services for businesses of different sizes. Its offerings include payroll processing, HR consulting and compliance guidance, talent management and workforce planning, with plans for small businesses, midsize to enterprise companies, and one-employee businesses.

On the HR side, it provides HR consulting, a professional employer organization (PEO) option for managing benefits, HR, payroll and compliance together, AI-assisted recruiting, applicant tracking, background checks and employee onboarding. Workforce planning covers time tracking and analytics. A professional partners program serves accounting professionals, banks, brokers, financial advisors, franchises and associations, and the site mentions its acquisition of Paycor.

Paychex is proprietary software and services, sold through plans and sales contact. It is relevant to employers that want a managed payroll and HR provider rather than a self-run system.

Key features

  • Payroll processing
  • HR consulting and compliance guidance
  • PEO option for HR outsourcing
  • Applicant tracking and onboarding
  • Background checks
  • Time tracking and analytics
  • Partner tools for accountants

Good fit for

  • →Small US employers outsourcing payroll
  • →Businesses without in-house HR staff
  • →Accounting firms offering payroll to clients
Tags
payroll
hr
peo
benefits
recruiting
time-tracking
small-business

Paychex: questions and answers

What is Paychex used for?
Paychex offers payroll, HR, benefits and workforce services for small and mid-sized US businesses, with options for accounting professionals. It is a good fit for small US employers outsourcing payroll, businesses without in-house HR staff and accounting firms offering payroll to clients.
How much does Paychex cost?
Paychex doesn't publish fixed prices; pricing is quoted on request.
Is Paychex open source?
No. Paychex is proprietary (closed-source) software and can't be self-hosted. Open-source alternatives to Paychex include Frappe HR, Horilla and OrangeHRM.
What are some alternatives to Paychex?
Paychex competes with ADP, Gusto and Paylocity. For open-source options, see Enlisted's ranked list of open-source Paychex alternatives.

Open-source alternatives to Paychex

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