10 Best HCM Software Vendors Of 2023

Paycor modernizes every aspect of people management, from recruiting, onboarding and payroll to career development and retention. For more than 30 years, Paycor has been listening to and partnering with leaders to learn what they need: a comprehensive, unified HR platform, easy integration with third party apps, powerful HR analytics, and custom technology and support for specific industry needs. That’s why more than 29,000 customers trust Paycor to help them solve problems and achieve their goals.

Paycor offers everything from payroll management, to expense management software, analytics tools, recruiting, time and attendance, pulse surveys, learning management, benefits administration, ACA, and more. They are a truly holistic HCM software from top to bottom.

Paycor integrates with tools for wage and salary verification, expense management, employee wellness, certified payroll, and FMLA.

Paycor costs from $99 + $5/employee per month and offers a free trial.

Eddy is an all-in-one HR Suite built for local businesses that streamlines tedious HR processes and improves the employee experience. Founded in 2017 by former professional basketball player turned entrepreneur, Travis Hansen, Eddy has grown rapidly due to its simple but powerful product, highly-rated customer service, and focus on local businesses with deskless workforces.

With Eddy, businesses can hire, onboard, manage, and pay employees with one easy-to-use software. Key features include job posting management, tracking incoming candidates, and a full-scale applicant tracking system (ATS). Their onboarding system lets HR managers create custom onboarding packages, assign tasks, and easily collect digital signatures.

A core function of Eddy is people management—users can access company directories and store important employee documents, add notes on employee performance, and track training and certifications in employee profiles. You can also create custom paid time-off (PTO) policies and approve or deny requests; tap into their time tracking tool, which allows employees to easily clock-in and clock-out; and navigate payroll processes using Eddy’s in-house, full-service system that includes support for multiple pay periods and end-of-year W-2 preparation, filing, and distribution.

Eddy starts at $8/employee/month and offers a free demo.

Rippling is a modern HCM solution that is built to tackle new hires, deductions, time and PTO, custom reports, and employee changes. They are an employee management platform that G2 Crowd rated as #1 in Core HR and IT and was a PC Mag Editor’s Choice in 2019.

Rippling is very competitively priced and doesn’t skimp on its features, making them a great option for smaller businesses with a tight budget. This ranked them highly in the Value for Cost segment of the evaluation criteria. They also offer a free trial, which is a bonus cost-wise.

One constructive criticism of the tools is that they could improve upon reporting features, where data visibility can be somewhat limited; for example, various levels of permission around viewing compensation info per user would be welcome.

Rippling starts at $7/user/month and has a free trial.

You have probably heard of Oracle, as they are a big name in the software business. Oracle HCM Cloud is their answer to a complete HR solution to engage your workforce and optimize operations that include workforce modeling, an HR help desk, and talent acquisition.

Oracle Integration and Oracle SOA Suite can integrate any SaaS or on-premise HCM application. In addition to application adapters, Oracle offers many other integration options including technology adapters for REST, SOAP, LDAP, FTP, and file-based access. Thus, they scored highly in the Integrations section of the evaluation.

One con to note is that their payroll solutions are supported only for a limited number of countries, which may prove challenging if you have remote workers around the world.

Oracle HCM Cloud starts at $13/user/month and has a free demo.

eXo Platform is an all-in-one digital workplace solution that helps you connect, align, and engage your teams around a single interface. It is designed to fit the needs of enterprises of all sizes and industries that are looking to improve the company and peer-to-peer communication, boost collaboration, and manage company knowledge.

eXo Platform has a rich set of features to improve the working experience, including enterprise social networking features such as user profiles, activity streams, and more. Users can easily navigate through the platform and interact with their peers through a built-in chat application and the ability to like, comment on, and share various pieces of content.

Collaborative groups allow users to communicate, collaborate on projects, and easily find what they are looking for. Document management features allow users to share content easily through drag-and-drop, organize content in rich document libraries, and share information with the click of a button in the activity stream or the chat application.

eXo Platform has a number of integrations with third-party applications including Salesforce, Microsoft Office, and Google Suite. Built-in add-ons include eXo Wallet, gamification, kudos, chat, and more.

Three plans are available: Enterprise, Enterprise S, and Ultimate starting from $5/user/month. eXo Platform has a community edition in which users can test the platform’s different features. Additionally, demos are available for free to get more information.

Over 10 years, the Sage Business Cloud People system has grown into a respected and progressive company operating in the HR management software sector with a full suite of people analytics tools. Sage People is the #1 rated HR and People management system according to Salesforce.

Sage People excels in quick implementation, out-of-the-box automations, and streamlined and flexible reporting features. Additionally, if you check out their workforce engagement tools, you are bound to find something you love.

Sage People lost a few marks in the UX section of the evaluation criteria. An analysis of organization and navigation finds the tool lacking here and there, as the design feels a bit outdated and could use some modernization or fine-tuning.

Sage People starts at $10/user/month and has a free demo.

UZIO HRIS solution is an all-in-one platform that’s best for small and medium sized businesses and comes with employee onboarding features, HR automation, time off tracking, and allows for easy PTO approvals by schedule managers. UZIO ensures federal and state law compliance and accounts for any year-over-year changes in this regard. UZIO lets you pick and choose what tool you need so you only pay for what you actually use.

UZIO’s all-in-one package is probably the most bang for your buck ($10/month/employee + $30/month flat rate) and it encompasses all your human capital management basics: onboarding, offboarding, benefits syncing, payroll tax management, garnishments, time tracking, and ACA compliance.

One thing to note is that UZIO HRIS is only available for use within the US.

UZIO costs from $4/user/month per feature. They also offer a 30-day free trial with a free demo.

Used by Airbnb and Netflix, Workday HCM is a solution for all things finance, human resources, and capital management planning. They were named a leader for 4 years in a row as a part of the “Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises” report.

Workday, as a newer platform on the market, absolutely nailed the user interface with a clean, modern, and intuitive layout on both the web browser version and the mobile app. This scored them favorably in the UI category of the evaluation criteria.

A few negative points of the software are 1) interacting with equity data (note: vesting data in particular) was rather weak and 2) the business processes may come across as a bit disconnected for some users, depending on their experience level with this type of tool.

Workday HCM starts at $100/user/year and has a free demo.

SAP was founded in 1972 in Walldorf, Germany and now has offices around the world. SAP stands for “Systems, Applications, and Products in Data Processing” and SuccessFactors is one of their many enterprise-grade solutions for employee management and administration.

SAP SuccessFactors has great flexibility in pricing, as you can add or subtract tools as needed. A very basic plan will cost you under $10 per user per month and you can easily scale upwards from there. This scored them well in the Value for Cost evaluation section.

One con to note is that training can involve quite a bit of work on this software, as it has a lot of nooks and crannies to explore. The learning curve may be a bit steep for some, even if the payoff is worth it.

SAP SuccessFactors starts at $8/user/month and has a free trial.

PeopleGuru is an all-in-one HCM software designed to help mid-market organizations manage their entire employee lifecycle efficiently. Their HCM solution is comprehensive, with integrated functions for core HR data, payroll, time & labor, talent management, and more.

Using PeopleGuru's recruiting tools, high-growth companies can attract, retain, and engage their people, while driving efficiency within their HR operations. Other features include a learning management system, social engagement tools, a health check feature, and modules for scheduling, onboarding, performance, and compensation.

Each PeopleGuru client receives a dedicated account management team focused on helping them achieve their business objectives. PeopleGuru is available for US-based companies only, though they can accommodate US companies with Canadian employees too.

PeopleGuru offers pricing upon request, as well as a free demo.