Yes, far better than the shrimp which essentially creates nitrifying bacteria to process ammonia. Thereís an entirely new conversation these days based around biome which takes this steps further and helps establish not only that bacteria, but the bacteria to process nutrients at their NO3
states, instead of waiting several months for a tank to do this on its own.
Check out Dr Tims for cycling bacteria well.
I used the Red Sea Reef Mature kit which was a breeze to do with daily dosing and had started adding livestock after 21 days.