Human Capital Management (HCM) Software

Get the best human capital management (HCM) software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

Talk with an advisor
Get a free consultation from an independent HCM system expert.
Or, call toll-free: (800) 827-1151
Talk with an advisor

Popular Products

No products found
Workforce Ready Suite Screenshot
Workforce Ready Suite
★★★★★
★★★★★
(1)
Kronos Workforce Ready suite combines the power of workforce management and human capital management. This fully integrated solution combines human resources, payroll, talent, workforce management, and more. The software helps give you real-time updates…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Workday HCM Screenshot
Workday HCM
★★★★★
★★★★★
(2)
Workday Human Capital Management (HCM) provides you the tools necessary to plan, recruit, and develop talent within a single unified system. Workday HCM lets all your employees access the solution from any device they choose; whether desktop or a mobile…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$100/year/user
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Rippling Screenshot
Rippling is an all-in-one HR platform providing online payroll, benefits, and human resource management. The software helps unify employee data whether your business has 1 employee ot 1,000 employees. You can also manage the IT involved with managing…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$7/month/user
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Oracle HCM Cloud Screenshot
Oracle HCM Cloud delivers an end-to-end solution that allows HR admins to meet their changing business needs on a global scale—with advanced HCM controls, robust dashboards, and insightful analytics. The system helps create human experiences and…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web
Deployment
Cloud Hosted
Paycom Screenshot
Paycom
★★★★★
★★★★★
(1)
Paycom is an online payroll services and HR payroll software option that helps businesses streamline their employment processes from recruiting to retirement and everything in between. The Talent Acquisition, Time and Labor Management, Payroll, Talent…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
BambooHR Screenshot
BambooHR
★★★★★
★★★★★
(1)
BambooHR is a human resource software that lets you focus on the people in your organization from hiring, onboarding, preparing compensation, and improving their employee lifecycle. A single database helps you improve your organizatio but providing one…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$6.19/month/employee
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Paycor Screenshot
Paycor is a human capital management (HCM) software that provides cloud-based onboarding, HR, payroll, and timekeeping software capabilities. Paycor’s HCM platform modernizes every aspect of manage the people in your business, from the initial…
Client OS
Web
Deployment
Cloud Hosted
PlanSource Screenshot
PlanSource provides a flexible cloud-based software and services platform for benefits shopping, enrollment, billing, compliance, and administration. The solution helps your organization better manage it’s employee benefits and overall human capital…
Client OS
Web
Deployment
Cloud Hosted
UltiPro Screenshot
UltiPro unites all aspects of HR, payroll, and talent management into a complete human capital management functionality. The cloud-based product suite is designed to simplify work people to every day, and identify employees at risk to leave the company…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Criterion HCM Screenshot
Criterion is a modern HCM designed for mid-sized companies who seek a: Comprehensive HCM solution; Scalable solution to grow along with their company; Way to engage the entire organization in HCM processes; and Maximum flexibility and configurability…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$5/month/user
Client OS
Web
Deployment
Cloud Hosted
SAP SuccessFactors Screenshot
SAP SuccessFactors
★★★★★
★★★★★
(1)
SAP SuccessFactors is a human resource management solution in the cloud. The option provides one of the leading human capital management (HCM) suites that provides fully integrated: Core HR and payroll; Recruiting and onboarding; Learning and development…
Client OS
Web
Deployment
Cloud Hosted
Sage HRMS Screenshot
Sage HRMS
★★★★★
★★★★★
(3)
Sage Human Resource Management System (HRMS) is a complete on-premise tool that helps you improve HR policies and make smart decisions for your small to medium-sized business. Sage HRMS helps you elevate the level of service your HR department provides…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$1,600 (perpetual license)
Client OS
Mac, Windows
Deployment
On-Premises
Epicor HCM Screenshot
Epicor Human Capital Management (HCM) software solution helps companies manage their workforce, improve human resource processes, and enhance employee satisfaction for greater efficiency and cost savings across the enterprise. Epicor HCM automates your HR…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web, Windows
Deployment
Cloud Hosted
PeopleStrategy eHCM Screenshot
PeopleStrategy provides enterprise Cloud-based HCM solutions that enable employers to more effectively manage their Talent Acquisition, HCM, Payroll, Benefits, Workforce Management and Talent Management processes. PeopleStrategy’s eHCM solution suite…
Client OS
Web
Deployment
Cloud Hosted
Vibe HCM Screenshot
Vibe HCM helps you connect, manage, engage, and inspire your employees through human resources and payroll capabilities. The software lets you recruit, onboard, communicate, handle payroll, develop talent, and provide analytics. Some common questions…
Client OS
Web
Deployment
Cloud Hosted
CentraHUB Screenshot
Centra Hub is a digital transformation solutions vendor that provides vertical specific business process automation solutions suites, CRM, HCM and Studio platforms which metamorphosis business landscapes. The product portfolio traces its roots back to…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25,000 (perpetual license)
Client OS
Web
Deployment
Cloud Hosted
Zenefits Screenshot
Zenefits
★★★★★
★★★★★
(2)
Zenefits is an HR software providing an integrated approach to HR, payroll, benefits, and time and scheduling. Zenefits helps streamline all things related to human capital management with their easy to use solution. Zenefits has the HR tools your…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$8/month/employee
Client OS
Mac, Windows, iOS, Android
Deployment
Cloud Hosted
FocalReview Screenshot
FocalReview® is used by Total Reward professionals administering employee Compensation Planning and Performance Management processes, including but not limited to the Pay Review process with bonus and stock capabilities. The reporting allows many systems…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25/year/employee
Client OS
Web
Deployment
Cloud Hosted
analytic.li Screenshot
analytic.li is a human capital management software (HCM) that provides powerful people analytics and data-driven results. The solution gives your business what it desires in terms of workforce management, productivity, and business outcomes data…
Client OS
Deployment
Cloud Hosted
Workforce Go! HCM Screenshot
Workforce Go! HCM is a simple way to recruit, retain, manage and grow your workforce. The Workforce Go! HCM” suite combines the power of workforce management and human capital management (HCM) in one unified cloud platform to help you manage your entire…
Client OS
Web
Deployment
Cloud Hosted

We searched and searched, but we couldn’t find any products in our database that match your criteria. Perhaps our team of software experts can help? They’d be happy to provide a list of free human capital management (HCM) software recommendations that meet your exact requirements.

Sort by 
Filter by User Rating
Filter by Price Range
Filter by Deployment
Filter by Client OS
LinkedIn

Human Capital Management (HCM) Software Buyer’s Guide

The most valuable asset in any organization is its human capital. Recruiting and hiring staff is only part of the equation. Being able to analyze personnel skills and qualifications to ensure they are the right fit for the job can make or break how well your business succeeds. Human capital management software is designed to make the flow of recruiting, training, and maintaining staff much more manageable. But why does a business need dedicated software for these tasks?

Here’s what will be covered in this guide:

What is Human Capital Management Software?

Human capital management software (also known as HCM software) is a collection of human resource applications that helps companies manage their workforce through recruitment, onboarding, training, and performance management. These software functionalities give you the capability to manage payroll, track employee time worked, manage benefits administration, gauge the effectiveness of your staff, find and hire new employees, and much more.

The functionalities offered by human capital management software are important to help prevent overpaying employees, help determine if employees are meeting goals and benchmarks, help management schedule shifts at the most needed times, and more. HCM software will give an enterprise-level feel to your human resource department, whether you are a small business trying to better organize your staff, or a large company trying to organize the influx of new hires each month.

Human capital management software can also be referred to as human resource software (HR software) or an HRIS software. Both types of options will provide core HR functionalities, such as payroll, attendance, benefits, and reporting. Some may argue that HCM systems are more advanced by including capital management capabilities such as onboarding and succession planning, however, many human resource systems will also provide these same capabilities. One can rest easy knowing that whether you’re in the market for an HR software or HCM software, they (for the most part) can offer you the same benefits.

Workforce Ready Suite Attendance Board Human Capital Management Software
Monitor the attendance board in Workforce Ready Suite.

Features of Human Capital Management Software

  • Onboarding: Integrate new employees into the organization by familiarizing them with the client base and products/services offered.
  • Talent Management: Helps your business recruit, retain, promote, and train workers. Functionalities include recruiting, leadership development, succession planning, compensation management, and performance management.
  • Benefits Administration: Streamlines the enrollment process for employee benefits. Helps reconcile benefit standard costs and determines eligibility based on selected criteria. Includes reporting on employee elections and how they relate to your company budget.
  • Applicant Tracking: Improves talent acquisition by creating position requisitions, automates career pages on any company websites, and facilitates the receipt of resumes via an online job posting.
  • Absence Management: Configures absence plans and allows a business to track absences, provide time off approvals, and create an administrative framework for tracking paid time off (PTO).
  • Payroll: Manage all elements of executing employee compensation, including wage calculation, check printing or direct deposit, and payroll tax management.
  • Time Tracking: Allow employees to report time (either in real-time or after-the-fact) for wage calculation purposes.
Workday HCM Software Retention Analysis
Create retention analysis reports in Workday HCM.

Benefits of Human Capital Management Software

There are many benefits of HCM software, including less paperwork, improved accuracy, and reduced administrative tasks.

Involve Your Staff Through Employee Self Service

One of the most in-demand features of an HCM software, an employee self-service tool (ESS) lets employees handle any human resource-related tasks. This lets employees view their work schedule, check paystubs, submit PTO requests, and change their contact information.

A huge benefit of employee self-service is that the burden of updating employee detail is passed on from an HR staff member to the employee themselves. This frees up your HR staff members to handle more important details. It also eliminates any human-error, as more times than not, an employee should be inputting correct details about themselves rather than trusting an HR staff member to do so. Finally, one of the biggest benefits of employee self-service is benefits management. Employees can track their participation, eligibility, and statements for benefits and retirement. Open enrollment means employees can view and shop around for their preferred dental insurance, vision insurance, or health insurance plans.

Rippling HCM Software Benefits Shopping
Let employees shop their benefit plans in Rippling.

Find The Most Talented Individuals For Job Openings

To make sure your business is hiring the most qualified individuals for a job opening, you’ll need to implement a strong and efficient recruitment strategy. Recruiters want to spend time engaging with top talent and spend less time figuring out how to detail and record key information into a business management tool.

A feature found in all human capital management software is applicant tracking. The features offered within an applicant tracking tool provide a number of benefits that aid in finding the right employee for the job. One benefit is reducing the time spent on administrative tasks, such as posting on job boards and sending follow-up emails. Another benefit is automating the resume review process. If you receive a large number of applications for a position, an applicant tracking system can use specific algorithms to scan resumes and pick out job requirements you are looking for. This will help improve the quality of hire, speed up the recruitment cycle, and enhance the candidate experience.

BambooHR HCM Software Applicant Tracking
Track applicants in BambooHR.

Set Benchmarks For Employees To Improve Their Performance

To ensure your employees are succeeding at their job, it’s important for them to know exactly what their employer expects from them. A human capital management software easily lets management personnel handle the talent that resides in the company. Performance reviews can be scheduled at periodic intervals to go over the recent work of an employee. If your company has integrated task management or scheduling tool, HR personnel can see how quickly a staff member is taking care of work being assigned to them. This information can be used in talks for employee raises and bonuses.

Not only will employees be able to increase their performance, but the company overall will be able to see a return on their investment from the improvements made to the staff. A recent study from Lighthouse Research and Advisory found that 86 percent of companies found benefits or an ROI on their human resource technology within the first 12 months after deployment.

Paycor HCM Software Employee Portal
Let employees view their tasks via their dashboard in Paycor.

Integrated HCM Software Capabilities Within ERP Software

Most ERP solutions will have some human resource capabilities built within the program. These functionality modules may be included in a base package or available as an add-on to your enterprise solution. The most common HR functionalities that may be offered through your ERP software include payroll, time tracking, and basic employee management.

If you are looking for more advanced human capital management features, the best course of action will be to integrate an HCM system alongside your ERP software. While ERP software can give your business “just enough” human resource features to get by, an HCM system will coordinate and configure the maintenance of your HCM data including employees, organizations, jobs, and locations. When important work depends on specific project staff, validation of project charges, approval routing, and more, you’ll want to ensure you have the proper software to manage yourself rather than hoping your existing ERP framework will sustain it.

Besides the unmatched capability that an HCM software will provide, there are other main benefits of having an integrated HCM and ERP solution:

  • Improved Security: Companies can ensure their employee’s private information is protected. A solution developed and maintained with the sole intent of storing personnel information will be better suited to protect employee data.
  • Reduce Double Entry: Data will be pushed back and forth between the HCM and ERP software in real-time, meaning that any changes made in one program will carry over to the other. This eliminates having to submit duplicate entries and waste employee time keying in data.
  • Consistent User Experience: Having a common point of access to input data is a key part of entering data in a streamlined manner. Requiring a large number of employees to learn two separate systems can be time-consuming and expensive. A single unified approach to keying in data means employees will feel comfortable doing so and makes them want to continue using the business systems put in place by the company.
Oracle HCM Cloud HR Help Desk
An HCM software such as Oracle HCM Cloud can integrate with many of their available ERP solutions.
I