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Paychex, Inc.

Paychex Expense Management

Composite Score

6.0 /10

CX Score

5.4 /10

25 Reviews Write a Review

What is Paychex Expense Management?

Paychex expense management software can help you control and reduce discretionary employee spending, while giving you the visibility and communication tools necessary to understand and manage company policies and spending behavior.

Company Details

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Awards & Recognition

Paychex Expense Management won the following awards in the Expense Management category

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1 Top Rated Capabilities

5 Top Rated Features

2022

2 Top Rated Capabilities

4 Top Rated Features

2021

2019 Data Quadrant Gold Medalist

2019

Paychex Expense Management Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Paychex Expense Management.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

75 Likeliness to Recommend

11
Since last award

73 Plan to Renew

17
Since last award

68 Satisfaction of Cost Relative to Value

6
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+45 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Paychex Expense Management?

17% Negative

26% Neutral

57% Positive

Pros

Enables Productivity
Respectful
Saves Time
Reliable

Cons

Under Delivered
Less Friendly Negotiation
Leverages Incumbent Status

Feature Ratings

Average 73

Receipt Image Submission

Expense Detail Tracking

Desktop Browser Support

Mobile App or Mobile Browser Support

Single Sign-On (SSO)

Expense Itemization

Approval Workflow

Travel and Accommodation Booking

Travel Profile

Optical Character Recognition

Expense Policy Aware

Vendor Capability Ratings

Average 71

Ease of Implementation

Ease of Data Integration

Availability and Quality of Training

Quality of Features

Product Strategy and Rate of Improvement

Ease of Customization

Ease of IT Administration

Usability and Intuitiveness

Breadth of Features

Vendor Support

Business Value Created

Paychex Expense Management Reviews

Patsy M.

Role: Operations
Industry: Consulting
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Sep 2023

May not be worth the price for travel once a year

Likeliness to Recommend

7 /10

What differentiates Paychex Expense Management from other similar products?

I wouldn't know. I have not tried other products

What is your favorite aspect of this product?

ease of use

What do you dislike most about this product?

Value versus investment, we don't travel enough to make it cost effective

What recommendations would you give to someone considering this product?

maybe a scaled down version

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Loise K.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Oct 2022

Reliable Expense Managing Tool

Likeliness to Recommend

10 /10

What differentiates Paychex Expense Management from other similar products?

Paychex Expense is more distinguished in evaluating all the possible expenses.

What is your favorite aspect of this product?

Paychex Expense has uplifted the efficiency of business operations.

What do you dislike most about this product?

Paychex Expense has enhanced a manageable performance through resource utilization.

What recommendations would you give to someone considering this product?

Paychex Expense is a fruitful avenue for managing costs and expenses.

Pros

Helps Innovate
Performance Enhancing
Trustworthy
Unique Features

Jay G.

Role: Operations
Industry: Manufacturing
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jun 2020

Hard to implement but good once it was working

Likeliness to Recommend

8 /10

What differentiates Paychex Expense Management from other similar products?

Its fairly easy to use and helps organize the entire organization's organization. Works real good for our employees.

What is your favorite aspect of this product?

I like that employees can look directly at their payroll needs, no one needs to assist them

What do you dislike most about this product?

The site goes down for maintainance too often

What recommendations would you give to someone considering this product?

Make sure that you are good with customizing because its not so intuitive.

Pros

Continually Improving Product
Unique Features
Inspires Innovation
Respectful

Cons

Less Reliable
Less Efficient Service
Less Effective Service

Latest Research

Paychex Expense Management

What is Paychex Expense Management?

Company Details

Need Assistance?

Awards & Recognition

2019 Data Quadrant Gold Medalist

Paychex Expense Management Ratings

75 Likeliness to Recommend

11 Since last award

73 Plan to Renew

17 Since last award

68 Satisfaction of Cost Relative to Value

6 Since last award

Emotional Footprint Overview

+45 Net Emotional Footprint

How much do users love Paychex Expense Management?

Pros

Cons

Feature Ratings Average rating of all product features, some of which may not be shown below

Receipt Image Submission The ability to take or import photos of the receipts supporting the expense.

Expense Detail Tracking Expense information related to the expense, including reason, attendees, project and/or client information, and whether an expense is re-billable to a client.

Desktop Browser Support Accessible from a web browser, anywhere and anytime, with the appropriate security measures.

Mobile App or Mobile Browser Support Facilitates the use of the mobile device to capture receipt images, allowing feature expense tracking and submission, with the convenience of mobility.

Single Sign-On (SSO) Login authentication linked to corporate login credentials, and user account information auto-populated to the expense profile.

Expense Itemization Itemize expenses off a single receipt, identifying specific line items to a person or activity, taxes, tips, and/or rebillable/non-rebillable items.

Approval Workflow Approval or non-approval of submitted expenses, as well as pre-approval of travel and accommodations reservations before bookings are allowed to be finalized.

Travel and Accommodation Booking Booking with direct links to airline and hotel information, availability, upgrade options (subject to corporate policy and exception approval), and pricing.

Travel Profile The ability to save and apply traveler preferences, such as seat preferences, frequent traveler loyalty card information, upgrade options, etc.

Optical Character Recognition Extraction of relevant information off a receipt image, and auto-import into the expense record. This includes itemization, taxes, and gratuities.

Expense Policy Aware Configurable with the organization’s expense policy by blocking an expense or travel booking, or raising an alert that prompts for a rationale for exceptions.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Paychex Expense Management Reviews

Patsy M.

May not be worth the price for travel once a year

Likeliness to Recommend

Pros

Loise K.

Reliable Expense Managing Tool

Likeliness to Recommend

Pros

Jay G.

Hard to implement but good once it was working

Likeliness to Recommend

Pros

Cons

Title

11
Since last award

17
Since last award

6
Since last award

Feature Ratings

Receipt Image Submission

Expense Detail Tracking

Desktop Browser Support

Mobile App or Mobile Browser Support

Single Sign-On (SSO)

Expense Itemization

Approval Workflow

Travel and Accommodation Booking

Travel Profile

Optical Character Recognition

Expense Policy Aware

Vendor Capability Ratings

Ease of Implementation

Ease of Data Integration

Availability and Quality of Training

Quality of Features

Product Strategy and Rate of Improvement

Ease of Customization

Ease of IT Administration

Usability and Intuitiveness

Breadth of Features

Vendor Support

Business Value Created