It takes a lot of time and effort to recruit, train, and retain staff. Human Capital Management (HCM) is a software application that may help businesses manage and care for their most precious asset: their employees.
HCM is sometimes referred to as HRMS (Human Resources Management System). HCM software generally offers a comprehensive variety of HR functions, from benefits administration to recruiting and performance management. As a result, managers are turning to human capital management software for increased workplace efficiency and structure. HCM software is used by most HR departments to help with overall business management.
You’ll learn about a few HCM software solutions for business owners in this post. Here are a few of the best HCM software options for streamlining your HR tasks.
Top 10 Best HCM Software Solutions
- Workday HCM – The finest option for user experience and interface design
- Vibe HCM – An excellent option for HR transaction automation
- Viventium – Excellent for user onboarding and usability
- Oracle HCM Cloud – Excellent for AI and machine learning insights
- eXo Platform – The best platform for social networking among employees
- Ascentis Human Capital Management (HCM) – Ideal for medium and big businesses
- ADP WorkforceNow – A great option for integrating existing HR applications
- UZIO HCM – An excellent option for expanding enterprises looking for HCM with payroll and benefits solution
- Sage People – An excellent option for workers engagement functionalities
- Rippling Human Capital Management (HCM) – Ideal for small enterprises and HR departments
1. Workday HCM – The Finest Option for User Experience and Interface Design
Pricing: starts at $8.33/Month
Workday is at the top of our HCM software lists. Since its launch in 2005, Workday has been one of the most widely used human capital management systems. The California-based firm has worked with well-known brands such as Airbnb, Netflix, and others. Workday is a financial, human resources, and capital management planning solution. Workday, being a younger platform on the market, nailed the user interface with a clean, modern, and straightforward design on both the web browser and mobile app. As a result, they received a high rating in the UI aspect of the performance measures.
| Pros | Cons |
| A simplified platform that can be easily used by a variety of business units | It can take some time to become acquainted with the requisition and candidacy flow |
| The dashboard is simple to use | It’s difficult to keep track of time when you’re off balance |
| Outstanding compatibility for tasks relating to finance and human resources | It currently does not allow for calendar integration |
| Migrating to Workday is straightforward and does not result in the loss of employee data | Users must constantly switch between scheduling tools and HRM software. |
| For new hires, a requisition can be issued | The search engine could always be better |
2. Vibe HCM – An excellent option for HR Transaction Automation
Pricing: Available upon request
Vibe HCM is a developer of human capital management (HCM) technology and services with headquarters in Texas, USA. It focuses on the needs of hundreds of thousands of employees in terms of HR software. Vibe HCM automates HR processes while also allowing HR managers to connect with all of their workers through a single, unified platform that can be accessed from any device. This product excels in a few areas, including offering a picture-perfect number of functions for small businesses. Furthermore, their compensation planning approach is excellent, and businesses of all sizes may benefit.
| Pros | Cons |
| It is easy to use | The email notifications could be more clear and more easily modified. |
| It provides a self-service portal for employees to access information when they need it | Uploading of documents and formatting could become sketchy |
| It has robust reporting tools. | It has a low learning curve |
| It has an intuitive interface | Pricing not made public |
| It has streamlined the applicant tracking and hiring process. | It requires training to be able to know how to use the software. |
3. Viventium – Excellent for User Onboarding and Usability
Pricing: Available upon request
Viventium is a private firm that operates in the computer hardware and software sector and is based in Brooklyn, New York. Viventium Software, Inc., which was created in 1991, has been a revolutionary, live, and entirely cloud-based human capital management (HCM) system that offers a unique user experience and design that is pleasant, personal, and intuitive. From application tracking to onboarding to time and attendance to payroll to business analytics to human resources, Viventium delivers simple solutions that make it simpler to engage your staff.
| Pros | Cons |
| Payroll can be integrated with scheduling software | The filters for different reports can be a bit cumbersome to manage |
| Allows onboarding to be sent electronically | Limited level of authorization and access |
| User-friendly, easy to navigate around the system | The payroll task menu could use more details describing each task |
| Great customer support | It isn’t always available in some browser |
| Smooth integration and simple setup | Runs slow sometimes |
4. Oracle HCM Cloud – Excellent for AI and Machine Learning Insights
Pricing: $13/Month
In 2011, Oracle Corporation introduced Oracle HCM Cloud, a cloud-based software application package for global HR, talent, and workforce management. Any SaaS or on-premise HCM solution may be integrated with Oracle Integration and Oracle SOA Suite. Oracle has numerous more integration possibilities, including technology adapters for REST, SOAP, LDAP, FTP, and file-based access, in addition to application adapters. An engaging and collaborative mobile HR application allows users to handle payroll, benefits, performance, and talent.
| Pros | Cons |
| Oracle Cloud HCM is easy to set up, use and understands the many features | The user interface might be lacking and needs some improvement |
| The workforce admin panel is amazing | There are fewer customization features. |
| It is secure | It is not cheap |
| It has an organized cloud service | Need better autofill feature |
| It can be used remotely and update across the board | Reports can take a while to run |
5. eXo Platform – The Best Platform for Social Networking Among Employees
Pricing: $5/Month
eXo Platform is a business-oriented open-source social collaboration platform. It is feature-rich, adheres to industry standards, is expandable, and has a stunning look. Since its inception in 2002 as the first implementation of the Java portlet standard, the firm has maintained its leadership and dedication to the Java and open source communities. eXo was founded in the United States and has headquarters in San Francisco, California, as well as worldwide headquarters in France and operations in Tunisia and Vietnam. The eXo Platform is an exclusive digital workplace tool that allows you to connect, align, and engage your employees all from one location.
| Pros | Cons |
| It is very easy to use and can be accessed anywhere in the world | Functionality may be a bit daunting at first to get used to |
| It is a web-based platform | It’s costly and heavy to load |
| The cloud platform allows users to easily share information and files | Customizing some features can take a lot of time |
| It has a whole lot of built-in features | The overall configuration is not easy |
| It is customizable | User management is quite tricky |
6. Ascentis HCM – Ideal for Medium and Big Businesses
Pricing: Available upon request but has a free demo
Ascentis was formed in 1984 and has expanded to 400 workers in the 37 years since its beginning. Before moving, it was based in San Mateo, California. The current leadership team at Ascentis was encouraged to relocate the company’s headquarters because they think that excellent technical talent can also be found in Eden Prairie, Minnesota. Ascentis provides simple HCM, HRIS, online payroll, people management, recruiting, and timekeeping solutions to help businesses run more efficiently and accurately.
| Pros | Cons |
| Ascentis has an accessible and quick customer service team | The talent management module aspect of this software is not as seamless and user-friendly |
| It is customizable once you get the hang of things | Maneuvering through the system could be more intuitive |
| It is easy to use either as an admin or user | Reporting option can be robust |
| Keeps track of new applicants and statuses as they go along the hiring process | It is sometimes difficult to navigate through reports |
| Provides a single platform where employees can update personal information | Crossover from one department to another (HR & Payroll) sometimes can be challenging |
7. ADP WorkforceNow – A Great Option for Integrating Existing HR Application
Pricing: $10/Month
Automatic Data Processing (ADP) is a leading provider of cloud-based human capital management and HR outsourcing services throughout the world. The firm was formed in 1949 and is based in Roseland, New Jersey, USA. ADP HCM solutions work together smoothly, as well as with other popular company software applications and major payroll, HR, and finance systems, including most ERP software. HR administrative, payroll, talent acquisition, employee benefits, benefits supervision, employer liability management, and other HCM and employee benefits tasks are all covered.
| Pros | Cons |
| The centralized web-based application can be used from anywhere | The reporting functionality is not strong enough |
| It facilitates tracking of licenses, certifications, and other information | The termination process changes too often and is inconsistent |
| Employees can access their pay, time information, and benefits by themselves | Reporting may be kind of glitchy however, manual intervention can correct this |
| Visibility of key metrics | Might be difficult to track job applications |
| Pay stubs are all nicely in boxes and easily printed from the program | Updates can get cumbersome and tricky to learn |
8. UZIO HCM- An Excellent Option for Expanding Enterprises Looking for HCM with Payroll and Benefits Solution
Pricing: $4/Feature/Month plus 30 days free trial
Employers may automate their whole payroll operations with only a few clicks utilizing UZIO payroll software, which is an online platform. UZIO was established in 2009 and has its headquarters in the United States. Employee onboarding tools, HR automation, time-off monitoring, and quick PTO approvals by schedule managers are all included in the UZIO HRIS system, which is suitable for modest enterprises.
| Pros | Cons |
| Payroll processing is easy | Electronic EOI capability is not available |
| It is beneficial in reporting for payroll, billing, etc | It may be difficult to add an International address |
| Easy for employees to select their benefits | It is susceptible to work-life balance |
| It has an Intuitive UX | Sometimes micromanagement happens |
| It comes with a downloadable mobile app | UZIO HRIS is only available for use within the US |
9. Sage People – An Excellent Option for Workers Engagement Functionalities
Price: $10/Month per user
Sage People is a private firm based in Reading, United Kingdom, that has been in operation since 2007. The Sage Business Cloud People system has evolved into a recognized and innovative HRMS firm with a comprehensive range of people analytics capabilities over nearly 15 years. Through its worldwide cloud HR and people system, Sage Business Cloud People enables mid-size, international enterprises to manage their workforce, revolutionizing how organizations acquire, engage, manage, and grow their workers. The award-winning solution enhances employee visibility, HR efficiency, and delivers better experiences across the whole workforce, and it can be implemented fast and easily.
| Pros | Cons |
| it has a robust API that is well documented and easy to integrate with other systems | You might have to do quite a bit of customization to get it to do what you’d like |
| It can integrate with almost any payroll system | It is so configurable that at times it is a challenge to make use of all the functionality |
| It is accessible anywhere because it’s completely web-based | The employee Self-serve interface can be a bit slow at times |
| is highly flexible and configurable | Its support is sometimes tricky |
| Customer support is responsive and helpful | Basic salary functionality is lacking |
10. Rippling HCM – Ideal for small enterprises and HR departments
Price: $8/Month per user
Rippling is ranked 10th in our HCM software rankings. Rippling may be a newcomer to the HCM software scene, but they didn’t take long to establish themselves, winning a PC Mag Editor’s Choice award in 2019. The California-based firm was formed in 2016 and has since supplied an HR solution that handles human resources, information technology, and operations for organizations. They’re a cutting-edge human capital management system that can handle new hiring, deductions, time and PTO, bespoke reports, and staff adjustments. Rippling is reasonably priced and doesn’t compromise on functionality, making it an excellent choice for small enterprises on a budget.
| Pros | Cons |
| It is user friendly and can connect payroll information | Some search functions could be more intuitive |
| It offers a seamless onboarding experience | Adding pictures to the site can get complex |
| Cos efficient quote based pricing | Some integrated apps might run slower |
| It provides great customer service tools to enhance responsiveness. | Report customization is not so attractive for people who prefer a customized report |
| It has got extensive third-party integrations | The design is seemingly not the best |