Namely Review 2023 Pricing, Features, Shortcomings

Product:
Vendor:
Founded:
Headquarters:

Namely
Namely
2012
New York

Ownership:
Customers:
Deployment Model:
Free Trial:

Private
1,400+
Cloud
Yes

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Namely At A Glance

Good: An intuitive, user-friendly interface that's easy to navigate.

Bad: International payroll is not provided and requires a third-party partner.

Bottom Line: A full-service payroll system that integrates and automatically syncs with your HR and benefits data.

Product Overview

Namely is an all-encompassing, Web-based human resource management system (HRMS) that streamlines the tasks related to key HR functions. This review will focus on its payroll features. For more information about the full suite, read our Namely HRMS review.

Namely is a single-platform solution that allows you to easily move between HR-related tasks.

The payroll module is a full-service payroll tool that can fully integrate with your HR and benefits data. This not only saves time when entering and updating critical information, it also reduces paperwork errors on important forms for taxes, time sheets and more.

Features

Namely’s payroll tools can simplify your company’s paydays with the following four elements:

1.) Full-Service Payroll System

The full-service system connects to your HR solution, making it easy to enroll new employees by pulling information collected during onboarding.

Since employee profiles are automatically synced with payroll, updating employee statuses is simple to do with just a few clicks. The software also automatically calculates payroll deductions and employer payroll taxes by syncing information with the benefits tools.

2.) Tax Filing & Compliance

To keep your company in full compliance, Namely automatically calculates and deposits local, state and federal taxes. For more peace of mind, Namely also generates and sends key tax documents like W-2s and 1099s, as well as summarizes year-end payroll and tax information.

Additionally, the software provides paycheck modeling, which shows payroll deductions in a clear format for employees to understand how the deductions affect paychecks.

3.) Payroll Reporting

The payroll reporting tools easily give your HR department a 360° view of critical data related to your employees and their impact on company costs, including hours worked, payroll deductions, employee turnover and more. Namely’s single-platform interface syncs with other HR tools, ensuring that employee information is accurate and allowing key payroll data to be integrated in larger HR reports.

4.) Time Management

Namely’s time and attendance system allows you to electronically handle time sheets, as well as all the tasks related to tracking labor hours and managing labor costs. The system is fully integrated with the payroll module to easily audit, manage and report on all labor data, giving you a full overview of your workforce.

Target Market

Namely works to make tasks like payroll, talent management and benefits management simple for all types of organizations.

Below, we’ve listed 10 of its notable customers:

Vita Coco
BounceX
The Motley Fool
WorkWave
MacStadium

Archer Malmo
ScienceLogic
InsightSoftware
Mars Advertising, Inc.
United Mississippi Bank

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Implementation/Integration

Namely is a web-based HR database, making implementation quick and simple. It offers data migration assistance where you work with a dedicated migration consultant to ensure that gathering and transferring your current data to your new platform is seamless.

An open application program interface (API) allows you to integrate the data collected through Namely into internal company applications, or vice versa.

Customer Service & Support

Namely has over 500 staff members headquartered in New York. The support team is available to chat with customers by email or by phone Monday through Friday from 9 a.m. to 9 p.m. EST.

Additionally, Namely provides an online repository of e-books, videos, infographics and more for anyone to use at their convenience.

Pricing

Namely doesn’t publicly release their pricing information. Please contact them directly for a quote.

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Shortcomings

Namely doesn’t provide international payroll. It requires a third-party partner to manage that.

Screenshots

About

Namely is the #1 HR software company that empowers mid-sized businesses to build better workplaces. Its cloud-based software brings HCM, benefits, insights, payroll and time into a single-view platform to help modern HR teams make data-driven decisions about their people and understand what’s really going on in their workforce. The Namely ecosystem includes powerful integrations with market-leading applicant tracking, identity management, ERP, compliance, E-Verify solutions and more. Serving more than 1,400 clients with 230,000 employees globally, the company is backed by leading investors, including Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital and True Ventures.