In the battle of the payroll software, there can be only one winner. In this corner, we have Bob (Hibob), and in the other corner, we have Paylocity. Both are great options for small businesses, but which one is the best?
Pricing
Pricing is always an important factor when choosing software. Bob (Hibob) offers a free trial, and Paylocity offers a free demo. After the free trial or demo, Bob (Hibob) charges $5 per month per employee, and Paylocity charges $10 per month per employee. If you have 50 employees, Bob (Hibob) will cost you $250 per month, and Paylocity will cost you $500 per month. So, if price is your only consideration, Bob (Hibob) is the better option.
Features
Both Bob (Hibob) and Paylocity offer a wide range of features, including online and mobile access, direct deposit, payroll reports, time tracking, and more. They both also offer integrations with popular accounting software, such as QuickBooks and Xero. However, there are some key differences in the features offered by each software.
Bob (Hibob)
Bob (Hibob) offers a few features that Paylocity does not, such as the ability to track PTO, vacation, and sick time. Bob (Hibob) also offers a "What If" feature, which allows you to see how different scenarios (such as a change in salary) would affect your payroll. And, if you need to run payroll for multiple companies, Bob (Hibob) can do that, while Paylocity cannot.
Paylocity
Paylocity offers a few features that Bob (Hibob) does not, such as the ability to track expenses. Paylocity also has a "Recurring Payments" feature, which allows you to set up automatic payments for things like rent or utilities. And, Paylocity offers a "Workforce Management" feature, which includes tools for scheduling, time off requests, and performance reviews.
Ease of Use
Both Bob (Hibob) and Paylocity are fairly easy to use. They both have a clean and user-friendly interface. However, there are some differences in how easy they are to use.
Bob (Hibob)
Bob (Hibob) is pretty straightforward to use. The interface is simple and easy to navigate. Setting up payroll is a pretty simple process, and running payroll is just a matter of a few clicks. Overall, Bob (Hibob) is very easy to use.
Paylocity
Paylocity is also pretty easy to use. The interface is a little more complex than Bob (Hibob), but it is still easy to navigate. Setting up payroll is a little more involved than Bob (Hibob), but it is still pretty simple. And, running payroll is just a matter of a few clicks. Overall, Paylocity is easy to use.
Customer Service
Customer service is always important when it comes to software. After all, if you have a problem, you want to be able to get help from a human being. Both Bob (Hibob) and Paylocity offer customer service via email and phone. However, there are some differences in the customer service offered by each company.
Bob (Hibob)
Bob (Hibob) offers customer service via email and phone. The customer service reps are friendly and helpful. They are also available 24/7. So, if you have a problem, you can get help anytime, day or night.
Paylocity
Paylocity also offers customer service via email and phone. The customer service reps are friendly and helpful. However, they are only available during regular business hours. So, if you have a problem outside of business hours, you will have to wait until the next business day to get help.
The Bottom Line
Both Bob (Hibob) and Paylocity are great options for small businesses. They both offer a wide range of features, and they are both easy to use. However, there are some key differences between the two. Bob (Hibob) is a better option if you are looking for a more affordable option. Paylocity is a better option if you are looking for more features. And, if customer service is important to you, Bob (Hibob) is the better option, because they offer 24/7 customer service. Ultimately, the decision of which payroll software to use is up to you. But, we hope this comparison has helped you make a decision.