Quick Answer: Is ADP Better Than Paychex?

What bank does Paychex use?

First BankFirst Bank proudly partners with Paychex® to help you reduce the time-consuming chore of payroll administration, tax filing, and cash management solutions along with health insurance and retirement plan administration..

Who is bigger ADP vs Paychex?

ADP has twice as many payroll and HR product plans as Paychex. It has eight in total. Four for businesses with 1-49 employees and four for larger businesses.

Who competes with ADP?

Top 20 Alternatives & Competitors to ADP Payroll ServicesInsperity Workforce Optimization. (20)3.9 out of 5. … Assisted Payroll for QuickBooks Desktop. (17)4.5 out of 5. … Execupay. (13)3.1 out of 5. … Zenefits Services. (24)3.8 out of 5. … AccuPay. (1)5.0 out of 5. … CBIZ Human Capital Management. … Trupp HR, Inc. … PrestigePEO.More items…

Is ADP a BPO?

With more than $11 billion in revenues and more than 60 years of experience, ADP (NASDAQ: ADP) is the global leader in BPO Services. Established in 1949 and listed since 1961, ADP’s 60,000 employees serve approximately 630,000 clients in more than 111 countries.

What is the best payroll service for small business?

The Best Payroll Services for Small BusinessGusto. … Intuit QuickBooks Payroll. … Square Payroll. … Paychex. … ADP. … OnPay. … PrimePay. … Wagepoint.More items…•

Is ADP Payroll safe?

Is ADP safe? ADP is a reputable, safe payroll and human resources service provider. It offers a variety of services to improve the efficiency of your small-to-large business, saving time and money along the way.

How much does ADP charge to run payroll?

The basic package starts at $10 per employee, per month, with fees typically paid each time you pay your employees (bi-monthly, every two weeks, etc.). More advanced plans cost around $23 per employee, per month. On average, you can expect to pay around $160 per month for 10 to 15 employees.

How much does it cost to do payroll?

Standard costs and fees Certain costs are associated with just about any payroll solution. There’s usually a base fee that can range from $10 to $85 per month. Then, you might have to pay an additional fee for each worker on the account – anywhere from $5 to $15 per person per month.

How does Paychex make money?

Though payroll processing is its main service, Paychex also provides payroll tax calculation, payment, and filing of tax forms for about half its clients. It also offers a direct deposit service, sending employees’ pay directly to their bank accounts.

Is Paychex a good company?

Paychex offers a good foundation for most people. It is a large company and certain sectors like sales offer much more advancements than in corporate. Solid company with a good reputation. Great training, very thorough, if anything you feel over prepared which is a good thing.

Is ADP a big company?

In 2020, ADP was ranked 227 on the Fortune 500 list of the largest United States corporations by revenue. … ADP currently has about 58,000 employees worldwide and its fiscal year 2019 revenues were $14.2 billion.

How much is Paychex per month?

Paychex Payroll PricingPlansMonthly Base Pricing ($/Month)Per Employee Pricing ($/Employee/Month)Express Payroll$60$4Paychex Flex Select$90$3Paychex Flex Pro$158$3.65Paychex Flex EnterpriseCustomCustom1 more row•Jan 8, 2020

Why should I choose ADP?

ADP definitely fills the needs of businesses looking for a comprehensive payroll solution. The platforms are easy to use and make running payroll each pay period a simple task. With ADP, you can run payroll online, over the phone or with the mobile app.

What is Paychex worth?

In 2019, Paychex ranked in position 700 on the Fortune 500 list of largest corporations by revenue, and the company’s revenue for fiscal year 2020 is projected to exceed $4.1 billion.

Does Paychex do background checks?

Why choose Paychex for screening and background checks The Paychex Background Check Service can search the national criminal database and sex offender registry, verify social security numbers and prior employment, and display health care sanctions (FACIS* Level I) and limited motor vehicle reports.

What time does Paychex direct deposit hit?

After 7:00 AM, payroll begins processing and cannot be stopped. If you approve your paychecks before 5:00 PM PST the business day before payday, we’ll process the direct deposit and debit your account the day before payday. Your employee will receive the funds the next day (on payday).

Who is ADP’s biggest competitor?

The top 10 competitors in ADP’s competitive set are SAP, Workday, Ultimate Software, Oracle, Paychex, Insperity, TriNet, Epicor, Ceridian, Heartland Payment Systems., Freshworks and Unit4 N.V.. Together they have raised over 9.4B between their estimated 331.7K employees.

Does ADP pay well?

The average ADP salary ranges from approximately $38,671 per year for Insurance Agent to $169,590 per year for Principal. Average ADP hourly pay ranges from approximately $10.75 per hour for Client Specialist to $110 per hour for Product Owner.