Netchex – What We Like About it and What We Don’t
What is Netchex?
Netchex is a one of its kind online payroll software. It comes with multiple features and function. This program is designed to meet various organizational needs, including payroll management and other aspects.
What Do We Like About Netchex?
Usually, accounting and management tools are complicated because of the extensive features they have. The person must have ample know-how to be able to use such programs. However, with Netchex, there’s no such issue. This payroll tool is easy to use because of its simple yet appealing interface. Even if you are not a tech-savvy person, you can still use this software and obtain its numerous benefits.
Payroll Made Easy
Payroll management is one of the important and difficult tasks for the admin/HR team. This task alone consumes a lot of time, and not to forget financial and human resources as well. Even after putting a lot of effort, there’s still room for mistake. And mistakes made in payroll management can cost a lot, both in terms of time and financial resources.
Netchex is designed to tackle all these issues. The main feature of this payroll software for accountants is to manage payroll efficiently. And it truly lives to its promise. With the help of this system, you will be able to manage the payroll of your business is an easy and hassle-free way. There will be fewer occurrences of mistakes and subsequent delays.
Not Just a Payroll Tool
We have just explained that Netchex is a perfect payroll tool. However, there’s more to it!
This payroll program comprises multiple features, including learning management, administration management, recruiting, onboarding, time management, attendance management, etc.
The availability of all these features makes it an all-inclusive management task. So, instead of using multiple programs, you can use Netchex and perform every task on a single dashboard. Also, there’s no need to use multiple logins for every software as Netchex just requires single login credentials.
Easy on the Budget
Using different management tools means paying for them individually. And these subscription plans can surely put an additional burden on the budget. With Netchex, you just have to pay a single subscription fee, depending on the payment plan you have used. This makes it a very cost-efficient payroll program. You will not require the services of experts as you can use this software on your own without any extensive training.
Furthermore, Netchex allows personalization. This means that you can select only a few features and pay for them only. This further makes it budget-friendly.
An exceptional feature of Netchex is that it can create comprehensive payroll reports for you. There are different formats to choose from. You just have to pick a format, select the components of the report, and you are good to go. You will have a comprehensive report at your disposal in a matter of a few seconds. It’s as simple as that. Earlier, this reporting used to take a lot of days.
One of the major hassles a business faces relates to tax management. If not done properly, it can land a company in a legal hassle. The result can be a monetary penalty as well. This is why it is important to manage taxes property. And Netchex can greatly help in this regard as well. It has a built-in tax management feature that calculates taxes as per federal/state laws.
What We Don’t Like about Netchex?
Reporting Feature Can Be Better
While we have mentioned reporting feature as an exceptional part of Netchex, there’s still some room for improvement here. Reports generated can have a more ‘professional’ look, which more options available for users.
Transparency here relates to pricing plans available for users. There’s no information available on their website about what the user has to pay for using Netchex. You have to contact the Netchex representative in order to know about the same. This can slow down the proceedings if you are looking for a quick overview of the price plans.
In all, Netchex certainly deserves to be ranked among the top payroll software solutions available right now. It ticks all boxes. You can try the demo version to make sure it suits your business.