Not only can larger companies afford Paychex’s higher pricing, but they can also take advantage of Paychex’s more advanced features such as a dedicated payroll specialist, HR training modules and accounting software integration. While Paychex is designed for businesses of all sizes, it is especially suitable for companies with a large number of employees. This is ideal for scalable businesses wanting a company that will support them as they grow. While the first plan covers the basics, the next two plans layer on more advanced reporting capabilities and HR services. The software solution offers three basic tiers of payroll services as well as a broad range of add-on services. In addition to payroll, it provides a variety of HR tools, custom user roles and integrations such as time, attendance and business management. Paychex is a well-known cloud-based payroll software service for W-2 employees and 1099 contractors.
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