Eqvista is an equity management software offering technology designed to transform the user's company, and work to manage the user's cap table, company shares, and valuations. Users can incorporate their companies and manage equity all in one place. Eqvista supports cap tables from all jurisdictions.
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Optimum Solutions HRIS (discontinued)
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Optimum Solutions, Inc. was a software development company providing Payroll, Human Resources, and Time & Attendance software for both the IBM iSeries (AS/400) and Microsoft Windows platforms or in the cloud. In October 2019 they were acquired by Kronos, Inc (now UKG after merging with Ultimate Software). Former Optimum products are now supported by Kronos / UKG, and are no longer sold available for sale.
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Pricing
Eqvista - Cap Table Management
Optimum Solutions HRIS (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Eqvista - Cap Table Management
Optimum Solutions HRIS (discontinued)
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Optional
Required
Additional Details
Freemium - Free for up to 20 shareholders
Premium - Payment according to the number of added shareholders – $2 per shareholder monthly
We evaluated some payroll services but found the ongoing cost greater than the initial cost of purchasing our own software and keeping the payroll process in house. Other payroll software was generally more expensive and we are satisfied with Optimum Solutions. I would say the …
Currently I am using ADP Workforce Now which I find to be less intuitive and less user friendly then Optimum. Making changes in Optimum as well as correcting mistakes in Optimum is a lot easier than within Workforce Now. Optimum's reporting tool is also easier and the …
I would ask myself what data am I looking to house in this system before implementing. It is a very robust system so using Optimum to say only track employee personal information such as address and phone number would be a complete under utilization. I feel Optimum is best used for keeping records on employees, training records, OSHA and workers comp
The setup of Optimum HRIS was intense as the software comes as a basic shell and everything is personalized to our organization. All earnings codes, leave time, employee types, job codes, taxes, etc. are set up for each company. While this was almost overwhelming at the beginning, we have so much control over the set up and better grasp of the inner workings of the system.
Tax updates come quickly and are easily applied. This is especially welcome at year end.
The built-in reporting is robust and offers a lot of options, but the ability to dig in to the database using SQL and Excel allows for very powerful reports that are infinitely personalized.
When exporting reports to Excel I found the formatting to be difficult to work with and having to reformat the reports can be a nightmare. My company's IT department created its own business tools to make the reporting format more user friendly.
We evaluated some payroll services but found the ongoing cost greater than the initial cost of purchasing our own software and keeping the payroll process in house. Other payroll software was generally more expensive and we are satisfied with Optimum Solutions. I would say the main reason we stayed with Optimum Solutions, converting from their iSeries version to their Windows version, was because of their outstanding staff and support.
Optimum Solutions lets us run all our payrolls seamlessly.
If we have any questions or problems Optimum Solutions is just a phone call or email away. The Customer Service is the best.
With the purchase of the Employee Self Service module that will be implemented in January of 2019 we will be able to eliminate the printing, folding, and distribution of check stubs as they will be available through self service. Also W2 information will be available there as well so no re-issuing of lost W2s saving us time and money.