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Namely vs GoCo (2024 Comparison)

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Author

Martin Lunendonk

Last Update

Nov 15, 2024

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Excellent Value For Price
4.3

0

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Namely

Namely offers a comprehensive HR solution with advanced payroll management and a wide range of integrations, making it ideal for mid-sized companies seeking a robust HR platform.

  • Comprehensive HR features
  • Advanced payroll management
  • Wide range of integrations
  • Complex for small businesses
  • Higher learning curve

Free plan?

No

Starting price

$9 per employee per month
Excellent Value For Price
4.5

0

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GoCo

GoCo provides an intuitive and affordable HR solution with excellent customer support, making it perfect for small to medium-sized businesses looking for simplicity and efficiency.

  • User-friendly interface
  • Excellent customer support
  • Affordable pricing
  • Limited advanced features
  • Fewer integrations

Free plan?

No

Starting price

Contact sales

What is Namely?

Namely is a comprehensive HR software designed to streamline human resources processes for mid-sized companies. It offers a suite of features including payroll, benefits administration, and talent management, all in one platform. Namely helps businesses manage their HR tasks efficiently, allowing HR professionals to focus on strategic initiatives rather than administrative tasks. With its user-friendly interface and customizable features, Namely empowers companies to create a more engaging and productive workplace.

What is GoCo?

GoCo is an innovative HR software solution that simplifies HR management for small to medium-sized businesses. It offers a range of features such as onboarding, benefits administration, and time tracking, all integrated into a single platform. GoCo helps businesses automate their HR processes, reducing paperwork and improving efficiency. Its intuitive design and flexibility make it easy for companies to adapt the software to their specific needs, enhancing the overall employee experience.

Pros and Cons of Namely vs GoCo

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Pros & Cons of Namely

Comprehensive HR features
  • Namely offers a wide range of HR features, including payroll, benefits administration, and performance management, making it a one-stop solution for mid-sized companies.
Advanced payroll management
  • Namely's payroll management system is highly customizable and offers advanced features, making it ideal for larger organizations with complex payroll needs.
Wide range of integrations
  • Namely integrates with a variety of business tools, allowing companies to streamline their HR processes and improve overall efficiency.
Complex for small businesses
  • Namely's extensive features can be overwhelming for small businesses, making it less suitable for companies with simpler HR needs.
Higher learning curve
  • Namely's advanced features require a higher learning curve, which can be challenging for users who are not familiar with HR software.
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Pros & Cons of GoCo

User-friendly interface
  • GoCo's intuitive design makes it easy for users to navigate and manage HR tasks, making it ideal for small to medium-sized businesses.
Excellent customer support
  • GoCo offers responsive and helpful customer support, ensuring that businesses receive the assistance they need when using the software.
Affordable pricing
  • GoCo provides a cost-effective solution for small to medium-sized businesses, offering essential HR features at an affordable price.
Limited advanced features
  • GoCo's features are more basic compared to Namely, making it less suitable for larger organizations with complex HR needs.
Fewer integrations
  • GoCo offers fewer integrations compared to Namely, which may limit its versatility for businesses using a variety of software tools.

Namely vs GoCo: At A Glance

Decision FactorNamelyGoCo
Value to Price
Good4.2
Excellent4.4
Ease of Use
Excellent4.3
Excellent4.6
Functionality
Excellent4.4
Excellent4.5
Scalability
Excellent4.3
Excellent4.5
Integrations
Excellent4.5
Excellent4.4
Customer Support
Good4.2
Excellent4.6
Security
Excellent4.3
Excellent4.5
Overall Rating
Excellent4.3
Excellent4.5

Value to Price

Namely offers a robust set of features for its price, making it a great value for mid-sized companies looking for comprehensive HR solutions. GoCo, on the other hand, provides a slightly better value for small to medium-sized businesses with its affordable pricing and essential features. If you're a small business, GoCo might be the better choice for you.

Ease of Use

Namely's interface is user-friendly, but GoCo takes the lead with its intuitive design that simplifies HR tasks for users. GoCo's ease of use is particularly beneficial for small businesses that may not have dedicated HR staff. If ease of use is a priority, GoCo is the better option.

Functionality

Both Namely and GoCo offer a wide range of HR functionalities, but Namely provides more advanced features for larger organizations. GoCo's functionality is more suited for small to medium-sized businesses. If you need advanced HR features, Namely is the better choice.

Scalability

Namely is designed to scale with growing businesses, making it ideal for mid-sized companies planning to expand. GoCo also offers scalability but is more focused on small to medium-sized businesses. If scalability is crucial for your growing business, Namely is the better option.

Integrations

Namely offers a wide range of integrations with other business tools, making it a versatile choice for companies with diverse software needs. GoCo also provides integrations but is more limited compared to Namely. If you require extensive integrations, Namely is the better choice.

Customer Support

GoCo excels in customer support with responsive and helpful service, making it a reliable choice for businesses that need assistance. Namely also offers good support but doesn't match GoCo's level of responsiveness. If customer support is a priority, GoCo is the better option.

Security

Both Namely and GoCo prioritize security, but GoCo has a slight edge with its advanced security measures. This makes GoCo a safer choice for businesses concerned about data protection. If security is a top concern, GoCo is the better option.

Overall Rating

Overall, both Namely and GoCo are excellent HR software solutions, but GoCo slightly outperforms Namely in terms of ease of use and customer support. If these factors are important to you, GoCo is the better choice.

Namely vs GoCo: A Detailed Breakdown of Key Features

FeaturesNamelyGoCo
Onboarding
Excellent4.4
Excellent4.6
Payroll Management
Excellent4.5
Excellent4.4
Benefits Administration
Excellent4.3
Excellent4.5
Time Tracking
Good4.2
Excellent4.6
Performance Management
Excellent4.5
Excellent4.3
Employee Self-Service
Excellent4.4
Excellent4.5

Onboarding

Namely offers a comprehensive onboarding process that is ideal for larger organizations with complex needs. However, GoCo's onboarding feature is more intuitive and user-friendly, making it a better choice for small to medium-sized businesses. If you value simplicity and ease of use, GoCo is the better option.

Payroll Management

Namely excels in payroll management with its advanced features and customization options, making it suitable for larger companies. GoCo also offers payroll management but is more streamlined for smaller businesses. If you need advanced payroll features, Namely is the better choice.

Benefits Administration

Both Namely and GoCo provide robust benefits administration features, but GoCo's system is more straightforward and easier to navigate. This makes GoCo a better option for businesses looking for simplicity in benefits management. If ease of use is a priority, GoCo is the better choice.

Time Tracking

GoCo offers a superior time tracking feature with its intuitive interface and easy-to-use tools, making it ideal for small businesses. Namely also provides time tracking but is more suited for larger organizations. If you need a simple time tracking solution, GoCo is the better option.

Performance Management

Namely's performance management feature is more advanced and customizable, making it suitable for larger companies with specific needs. GoCo offers a more basic performance management system, which is ideal for smaller businesses. If you need advanced performance management, Namely is the better choice.

Employee Self-Service

Both Namely and GoCo offer employee self-service features, but GoCo's system is more user-friendly and accessible. This makes GoCo a better option for businesses looking to empower their employees with easy access to HR tools. If user-friendliness is a priority, GoCo is the better choice.

Pricing Comparison of Namely and GoCo

We’ve compiled the pricing tables and highlighted the key features of both Namely and GoCo to aid in your decision-making process. Let’s explore what each platform has to offer.

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Namely Pricing Plans

Namely Now
For Small Businesses
$9

per employee per month

Try For Freeright_arrow
Namely Now includes:
  • Streamlined onboarding process for new employees.
  • Basic payroll management for small teams.
  • Compliance management to meet legal requirements.
  • Basic performance tracking and management tools.
Namely Plus
For Medium Enterprises
Contact sales
Try For Freeright_arrow
Includes Namely Now, plus:
  • Enhanced performance management features.
  • Comprehensive benefits administration module.
  • Time tracking and management capabilities.
  • Managed payroll services for accurate processing.
Namely Plus People
For Large Enterprises
Contact sales
Try For Freeright_arrow
Includes Namely Plus, plus:
  • Advanced compliance and risk management tools.
  • Shared liability compliance features.
  • Large group benefits including medical, dental, vision.
  • Workers’ compensation plans and safety management.
Namely Complete
For Comprehensive HR Needs
Contact sales
Try For Freeright_arrow
Includes Namely Plus People, plus:
  • Comprehensive HR analytics and reporting tools.
  • Managed benefits services for seamless administration.
  • Advanced recruiting and talent management solutions.
  • Enhanced risk and safety management features.
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GoCo Pricing Plans

Core
For Small Businesses
Contact sales
Request Pricingright_arrow
Core includes:
  • Hiring & Onboarding Magic Flows to streamline new employee integration.
  • Magic Docs & eSignatures for easy document management and signing.
  • Employee & Manager Self Service for improved accessibility to HR tools.
  • Time Off Management to efficiently handle employee leave requests.
Growth
For Mid-Sized Businesses
Contact sales
Request Pricingright_arrow
Includes Core, plus:
  • Message Broadcast for effective internal communication.
  • AI Knowledge Base to provide instant HR-related answers.
  • Expense Management for streamlined financial tracking.
  • HR Compliance Toolkit to ensure adherence to regulations.
Ultimate
For Large Enterprises
Contact sales
Request Pricingright_arrow
Includes Growth, plus:
  • Performance Management to track and improve employee performance.
  • Goal Tracking to align and monitor business objectives.
  • Employee Timeline for comprehensive employee history.
  • Props & Praise to foster a culture of recognition.

Our Rating Methodology

We thoroughly evaluate each HR software, focusing on key aspects like ease of use, functionality, and customer support. By analyzing user feedback and testing features, we ensure our recommendations meet diverse business needs. Each factor is weighted to provide a reliable final rating, helping you choose the best HR solution.

Decision FactorScoring Weight
Value to Price
20%
20%
Ease of Use
20%
15%
Functionality
20%
25%
Scalability
20%
15%
Integrations
20%
10%
Customer Support
20%
10%
Security
20%
5%

Namely or GoCo: Which One Matches Your Business Needs?

Choose Namely If You Need ...

  • Comprehensive HR solution

    If you are a mid-sized company looking for a comprehensive HR solution with advanced payroll management and a wide range of integrations, Namely is the better choice for you.

  • Advanced payroll features

    If you need advanced payroll features and customization options for your larger organization, Namely is the better choice for you.

Choose GoCo If You Need ...

  • User-friendly HR software

    If you are a small to medium-sized business looking for a user-friendly HR software with excellent customer support, GoCo is the better choice for you.

  • Affordable HR solution

    If you need an affordable HR solution with essential features and responsive customer support, GoCo is the better choice for you.

Frequently Asked Questions

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Author

Martin Lunendonk

Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.