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The Best Human Capital Management 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.

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Best
Overall
isolved People Cloud Screenshot
isolved People Cloud
People-first HCM
Customize and export timely financial reports
Learn More
Best for
Payroll
Paycom Screenshot
Paycom
Covers recruiting to retirement
Capable of integration of multiple systems
Learn More
Best for
Mid-Size to Enterprise
Workday HCM Screenshot
Workday HCM
Single unified system
Available on desktop or mobile devices
Learn More
Best for
Small Business
BambooHR Screenshot
BambooHR
Cloud-hosted platform
Affordable pricing per user
Learn More
Best for
Talent Management
UKG Pro Screenshot
UKG Pro
Simplifies everyday HR work
Global HCM with employee insights
Learn More

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 how can a business select the right dedicated software for these tasks?

Learn about some of the top picks for HCM software and determine which is best for your needs:

Best Overall:
isolved People Cloud

★★★★★
★★★★★
(3)

Dashboard
Home Screen
Direct deposits
Pay history
Personal Information
Time Off
What We Like
People-first HCM
Customize and export timely financial reports
What We Don’t Like
Some features not as robust as they could be
Overview
Client OS: Web

isolved People Cloud is an employee experience leader, providing intuitive, people-first HCM technology. More than five million employees and 145,000 employers use this software every day to boost performance, increase productivity, and accelerate results while reducing risk situations.

This HCM platform seamlessly connects and manages the employee journey across talent management, payroll, workforce management and engagement management functions. Across every industry, high-growth organizations employ, enable and empower their workforce by transforming employee experience for a better today and tomorrow.

Best for Payroll:
Paycom

★★★★★
★★★★★
(5)

E-Verify Compliance
Applicant Tracking System
Review Candidate Profiles
Automatically Send Job Offers
Mobile Onboarding Options
Employee Portal Home Screen
Time Clock
Web Time Sheet
What We Like
Covers recruiting to retirement
Capable of integration of multiple systems
What We Don’t Like
Requires some training to master
Overview
Client OS: Mac, Web, iOS, Android

Paycom is an online payroll services and HR software which helps businesses streamline their main employment processes from recruiting to retirement and everything in between. The Talent Acquisition, Time and Labor Management, Payroll, Talent Management and HR Management systems operate from a single database, eliminating redundant data entry and the integration of multiple systems for streamlined work.

In addition to payroll, Paycom offers a variety of HR modules for talent acquisition and management, attendance tracking, and labor allocation. An executive dashboard makes it easy to track all HCM tools at your fingertips.

Best for Mid-Size to Enterprise:
Workday HCM

★★★★★
★★★★★
(5)

Workforce Planning
Pay Equity Dashboard
Retention Analysis
Worksheets and Media
What We Like
Single unified system
Available on desktop or mobile devices
What We Don’t Like
Not suitable for small businesses
Overview
Price Range: $$
Starting Price: $100/user/year
Client OS: Web, iOS, Android

Workday Human Capital Management (HCM) provides you with the tools necessary to plan, recruit, and develop talent within a single unified system. This scalable solution is best suited for midmarket to enterprise level corporations.

Workday HCM lets all your employees access the solution from any device they choose; whether desktop or a mobile device, letting employees reply to changes whenever they are able. Faster responses lead to faster results.

Best for Small Businesses:
BambooHR

★★★★★
★★★★★
(1)

Employee Details
Document Storage
Applicant Tracking
Onboarding
Time Off
Employee Performance
What We Like
Cloud-hosted platform
Affordable cost per user
What We Don’t Like
Limited growth opportunities
Overview
Price Range: $$$
Starting Price: $6.19/employee/month
Client OS: Web, iOS, Android

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, cohesive database helps you improve your organization by providing one powerful spot to look at analytics of your employee performance, bring on new staff members from hiring to onboarding, calculate if they are being paid fairly, and improve the culture of your business. This software most benefits small businesses and startups.

The cost of BambooHR starts at $6.19 per employee per month for the basic essentials package. The total price is largely dependent on the size of your organization, though there is a free trial available.

Best for Talent Management:
UKG Pro

★★★★★
★★★★★
(2)

Timesheet
Time and Attendance
Business Intelligence
What We Like
Simplifies everyday HR work
Global HCM with employee insights
What We Don’t Like
Limited functionality in some areas
Overview
Client OS: Web, iOS, Android

UltiPro unites all aspects of HR, payroll, and talent management into a complete human capital management system. The cloud-based product suite is designed to simplify work people to every day, and identify employees at risk to leave the company. The software works as a brain for your company by automating multiple tasks which once had to be performed manually and on paper.

HCM modules include the ability to track and manage all employee information while gaining valuable employee insight. Integrate with payroll to ensure compliance with compensation management.

All Products

No products found
PeopleGuru HCM Screenshot

PeopleGuru HCM

PeopleGuru develops and supports cloud-based Human Capital Management (HCM) software to help mid-market organizations attract, retain, and recognize their people and streamline back-office HR and Payroll functions. This HR SaaS solution was fully…
Client OS
Web
Deployment
Cloud Hosted
isolved People Cloud Screenshot

isolved People Cloud

★★★★★
★★★★★
(3)
isolved is an employee experience leader, providing intuitive, people-first HCM technology. Their solutions are delivered directly or through their partner network to more than five million employees and 145,000 employers — who use them every day to boost…
Client OS
Web
Deployment
Cloud Hosted
Paycom Screenshot

Paycom

★★★★★
★★★★★
(5)
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
Mac, Web, iOS, Android
Deployment
Cloud Hosted
Workday HCM Screenshot

Workday HCM

★★★★★
★★★★★
(5)
Workday Human Capital Management (HCM) software 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…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$100/user/year
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Rippling Screenshot

Rippling

★★★★★
★★★★★
(3)
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 to 1,000 employees. You can also manage the IT involved with managing…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$7/user/month
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Oracle HCM Cloud Screenshot

Oracle HCM Cloud

★★★★★
★★★★★
(2)
Natively built for the cloud, Oracle Fusion Cloud Human Capital Management is a complete solution connecting every human resource process from hire to retire. This provides a consistent experience across devices, enables one source of truth for HR data to…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web
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 organization by providing one…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$6.19/employee/month
Client OS
Web, iOS, Android
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
UKG Pro Screenshot

UKG Pro

★★★★★
★★★★★
(2)
UKG Pro, the combination of UltiPro Ultimate Software and Kronos, 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…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Workforce Ready Suite Screenshot

Workforce Ready Suite

★★★★★
★★★★★
(1)
Kronos Workforce Ready suite, now part of UKG, 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…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Paycor Screenshot

Paycor

★★★★★
★★★★★
(3)
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

★★★★★
★★★★★
(2)
PlanSource provides a flexible cloud-based software and services platform for benefits shopping, enrollment, billing, compliance, and administration. The powerfully simple benefits management solution helps your organization better manage employee…
Client OS
Web
Deployment
Cloud Hosted
Criterion HCM Screenshot

Criterion HCM

★★★★★
★★★★★
(3)
Human capital management requires scalability and an individual approach. 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…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$5/user/month
Client OS
Web
Deployment
Cloud Hosted
Sage HRMS Screenshot

Sage HRMS

★★★★★
★★★★★
(2)
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 HCM

★★★★★
★★★★★
(2)
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. @youtube Epicor HCM…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web, Windows
Deployment
Cloud Hosted
PeopleStrategy eHCM Screenshot

PeopleStrategy eHCM

★★★★★
★★★★★
(1)
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

★★★★★
★★★★★
(2)
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. @youtube Some common…
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/employee/month
Client OS
Mac, Windows, iOS, Android
Deployment
Cloud Hosted
FocalReview Screenshot

FocalReview

★★★★★
★★★★★
(2)
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/employee/year
Client OS
Web
Deployment
Cloud Hosted
ADP Payroll Solutions Screenshot

ADP Payroll Solutions

★★★★★
★★★★★
(1)
ADP Payroll Solutions provides better experience with HR and payroll in a modern, easy to use, all-in-one platform. Trusted by more than 900,000 clients, ADP has unmatched global experience in HR, payroll and compliance. From simple tools to full-service…
Client OS
Web, iOS, Android
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.

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Russ Davidson
Last updated on June 30th, 2021
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Human Capital Management (HCM) Software Buyer’s Guide

  • What is HCM Software?
  • Key Features
  • Primary Benefits of HCM
  • HCM Integration with ERP Software

What is Human Capital Management Software?

HCM software, also known as human capital management software, is a collection of human resource (HR) applications to help 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 HR processes 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 global enterprise trying to automate 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. While both options will provide core HR functionalities, such as payroll, attendance, benefits, and reporting, HCM systems are somewhat 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 solution, they (for the most part) can offer you the same automation benefits to your human resource processes.

Workforce Ready Suite Attendance Board Human Capital Management Software
Encourage workforce management by monitoring the attendance board in Workforce Ready Suite.

Features of Human Capital Management Software

  • Onboarding: Start the employee lifecycle by integrating new hires 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 employee engagement, recruiting, leadership development, succession planning, compensation management, and employee 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) and vacations.
  • Payroll and Financial Management: 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 in workforce planning, and reduced administrative tasks in your HR department's daily business processes.

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. Mobile apps even allow employees to perform these tasks remotely through cloud HCM systems.

A huge benefit of employee self-service is that the burden of updating employee details is passed on from an HR staff member to the employee themselves. This frees up your HR team to handle more important duties. It also eliminates common human-error, as more times than not, it's far easier for the employee themselves to input correct personal details into HR systems than to have an HR staff member collect and enter the information second-hand.

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 Employee 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 an 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 86 percent of companies found benefits or an ROI on their human resource management 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 offered through cloud or on-premise ERP software include payroll, time tracking, and basic employee management.

If you are looking for more advanced functionality, the best course of action will be to integrate an HCM system alongside your ERP software. While an ERP 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.

Other popular software integrations for human resource information systems include:

  • Payroll software
  • Employee management
  • Learning management systems

Depending on your industry, there are more software integrations available to streamline your workflow as much as possible.

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