softwareFactorial
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Tired of manually tracking employee on-boarding and payroll processes? Explore Factorial, a software designed to facilitate you in managing all recruitment and HR tasks efficiently. Apart from the robust features, the software also provides security and scalability, adapting to the changing size and needs of your organization.
Factorial Specifications
Employee Information Management
Recruitment and Applicant Tracking
Performance Management
Attendance and Time Tracking
What is Factorial HR?
Overview
Factorial HR is a cloud-based software that offers tools designed to streamline and empower human resource (HR) processes. By centralizing all recruitment processes, it enables organizations to efficiently track employee productivity, manage skill development, automate on-boarding processes, and elevate the hiring experience.
Additionally, the software facilitates seamless document digitization and automation, ensuring secure management of agreements and payroll.
What Is Factorial HR Best For?
Factorial HR provides comprehensive payroll features designed to streamline payroll data and document organization. It eliminates the need for manual paperwork and intricate Excel spreadsheets. By integrating with other modules within the software, such as time management and employee data management, it can gather all the necessary information to calculate accurate payroll figures.
Factorial HR Pricing
The software offers the following pricing plans:
- Operations Hub – Starting price: $6.2/user/month
- Finance Hub – Starting price: $4.5/user/month
- People Hub – Starting price: $6.5/user/month
- Create a Bundle – Starting price: $50/10 users/month
Disclaimer: The pricing is subject to change.
Factorial HR Integrations
The software integrates with the following third-party applications:
- Cobee
- Okta
- Slack
- Sage
- Teamtailor
How Does Factorial HR Work?
Navigate the dashboard and make use of the Factorial features with this step-by-step guide:
- Login to the website to access the dashboard and get an overview of key HR metrics, such as employee headcount, pending tasks, and upcoming events
- Navigate to the 'Employee Directory' section to view and manage employee profiles
- Access individual employee records to update personal information, employment details, and performance evaluations
- Track employee work hours and attendance with 'Time and Attendance' feature
- Monitor clock-ins, breaks, and clock-outs with the time tracking feature
- Review and manage employee leave requests with the 'Leave Management' feature
- Navigate to the 'Payroll' module to manage payroll processes and documentation
- Utilize the 'Recruitment' section to post job openings, manage applications, and schedule interviews
- Access the onboarding feature to streamline new employee orientation and document collection
Who Is Factorial HR For?
The platform caters to the needs of following domains:
- Construction
- Healthcare
- Consulting
- Technology
- Manufacturing
Is Factorial HR Right For You?
If you are looking for a cloud-based solution to streamline your employee onboarding and payroll management, then Factorial HR software can be the right choice for you. It is ISO-certified and meets international security measures to protect users' data.
The software offers a range of modules and features that can be customized and tailored to fit the specific requirements of different organizations. Whether a company needs basic time management and payroll functionalities or advanced talent management and performance tracking capabilities, Factorial can scale accordingly to meet those needs.
Still not sure about Factorial? Contact us at (661) 384-7070 and learn more.
Factorial Features
Organize, review, and automate payroll data and documentation with Factorial HR software. It helps you centralize and automate payroll preparation, eliminating the need for manual computations and documentation. The software also offers electronic signature functionality for signing legal documents.
Factorial facilitates you to make better decisions by tracking employee development and performance. It enables you to track employee goals, objectives and key results (OKRs), and organize onboarding and offboarding processes seamlessly. By centralizing talent management processes, the platform helps organizations recruit and retain top talent.
The software provides robust time-tracking capabilities that allow organizations to monitor employee work hours, breaks, and productivity. It streamlines the process of logging working hours and keeps track of remaining time off, ensuring accurate time management.
Factorial HR software offers a comprehensive onboarding feature designed to streamline the entire lifecycle of bringing new employees on board and ensuring a smooth transition when employees leave the company.
The software helps users to manage employee and company expenses efficiently. It also provides corporate cards for real-time expense tracking and electronic signature capabilities for signing financial documents.
Factorial generates HR reports, analyzes key metrics, and provides valuable insights for informed decision-making. You can also make customized reports and track KPIs to make data-driven decisions.
Top Recommendation Software
Pros and Cons of Factorial
Pros
- Simplified HR processes
- Easy-to-use interface
- Responsive customer service
- Efficient time-tracking feature
Cons
- Advanced functionality overwhelm
- The reporting feature could be improved, as per some Factorial reviews
Factorial Pricing
Operations Hub
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What's Included
Overtime compensation
Configure absence and leave policies
Send documents in bulk or individually
Share an internal whistleblower channel
Manage documents without limits through unlimited digital signatures
Finance Hub
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What's Included
Store documents and expense reports safely
Unlimited virtual company cards
Follow corporate spending in real time
Pay for security through Apple Pay and Google
Control business expenses with Factorial cards
People Hub
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What's Included
Employee directory
Optimize contract management
Team management with customized communities and groups
Customized fields and templates in contracts
Create a Bundle
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What's Included
Custom notifications
Legal e-signatures
Work schedules
Collaborative payroll cycle
Payslip distribution
Complaints channel
Company anniversaries
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