Human capital management (HCM) software is a strategic approach to managing human resource practices of an organization. It is an effective system to support the full employee cycle and core HR functions side by side. It allows professionals to design strategies rather than manage manual tasks.
HCM software brings employee hiring, onboarding, payroll, performance, and offboarding under a single platform. Instead of relying on separate tools for different tasks, the best HCM software integrates workflows, automations, and real-time analytics into one single platform.
We have chosen these top solutions based on ease of use, features, scalability, and user satisfaction.
This blog presents a list of the most eligible and the best HCM software in 2025. Let's take a look.
Software | Our Rating | Key Features | Pricing |
Paylocity | 4.2 |
| Custom pricing based on modules |
Rippling | 4.9 |
| Modular, customized pricing |
Paycor | 4.4 |
| Competitive, customizable pricing |
Oracle Fusion HCM | N/A |
| Custom pricing based on users, modules, etc. |
BambooHR | 4.3 |
| Core, Pro, Elite plans with custom pricing |
Eddy | 4.6 |
| Starting at $4/person + $50 base |
Workday HCM | N/A |
| Custom pricing |
Paylocity HR & payroll is a unified HR platform aimed at driving better business outcomes with better productivity and operational efficiency. It allows employee data management, talent acquisition, and performance management in a single place. Employees can access pay stubs and view tax documents while updating employee information.
Some of its key features include:
Pros And Cons Of Paylocity
Pros | Cons |
Process all kind of payroll (W-2 & 1099s) in one location Performance modules make tracking employee info and managing reviews easier The knowledge base center is a helpful tool for step-by-step guidance | Lacks a way to switch from administrator to "employee view" for assisting employees Reporting often feels stressful as you test what information you'll get |
Paylocity Pricing
Paylocity offers custom pricing with one or more modules, depending on the needs of the users.
Rippling HR is a comprehensive HCM platform that automates payroll, benefits, compliance, onboarding, and workforce management with a unified employee data system. It allows custom workflow automation with real-time compliance monitoring as well as powerful analytics. Its self-service portals and mobile app empower employees while granular permissions enable secure, data-driven HR decisions.
Its key features include:
Pros And Cons Of Rippling
Pros | Cons |
Manually syncs information between different systems The organizational chart is super helpful for tracking contacts and follow-ups The mobile app allows to check payment details and personal info daily | More tutorials or proactive guidance during setup would improve the experience The benefits enrollment process could be more streamlined |
Rippling Pricing
Rippling's pricing is modular and customized based on business needs.
Paycor software is a cloud-based HCM integrated with HR tools like onboarding, payroll, and employee management. It is a scalable solution with multiple pricing plans and on-demand pay. The autonomous authority to choose time off and benefits makes it an ideal solution for employees and much more than a typical HR system.
Some of its notable features are:
Pros And Cons Of Paycor
Pros | Cons |
Reliable for onboarding, with many attachments making it a one-stop shop The news feed feature is great for internal communication Automation saves time and ensures accuracy during busy periods | Different modules feel disjointed with no continuity between them Slow customer support response time |
Paycor Pricing
Paycor offers competitive and customizable pricing based on a business's unique needs, product bundle, and company size. Their plans are designed to help companies scale and grow, with payroll as the core offering integrated into all HR products as part of their award-winning payroll and HR platform.
Oracle Fusion HCM is a cloud-based, complete solution that connects every human resource process across the enterprise. Prebuilt and customizable analytics allow HR professionals to monitor, align, and act. Organizations can align their strategies and reduce compliance risks through this fully integrated solution.
Some of its key features are:
Pros And Cons Of Oracle Fusion HCM
Pros | Cons |
ATS workflow ensures all steps are covered in hiring and onboarding Implementing Oracle Recruiting Cloud reduces new hire entry time SaaS application with regular updates keeps the product current and evolving | Responsive UI search capability is poor and doesn't work as expected Multiple modules cause unexpected issues when changes in one affect another |
Oracle Fusion HCM Pricing
Oracle Fusion (HCM) pricing offers custom pricing tailored to each organization's specific needs.
BambooHR is an easy-to-use platform that centralizes HR functions, like performance management and benefits administration. From posting jobs to supporting the employee cycle, it allows businesses to save thousands of dollars per annum. With 150+ integrations, it is viewed as a scalable solution and a complete HCM system.
Some of its notable features include:
Pros And Cons Of BambooHR
Pros | Cons |
Performance management tools support annual reviews and continuous feedback E-signatures and workflow approvals eliminate paper-based processes Easy-to-pull, create, and manipulate reports for informed decisions | Limited to 10 goals, restricting alignment with strategic performance plans No subfolders in the file section, leading to cluttered, disorganized files |
BambooHR Pricing
BambooHR offers three pricing plans with custom pricings:
- Core
- Pro
- Elite
Disclaimer: The price is subject to change.
Eddy HR is a cloud-based HR management system that is ideal for small and mid-sized businesses. It simplifies core HR processes with its payroll, time-tracking, and people management features, making it an ideal HCM. With paper-free onboarding and centralized employee data storage, it ensures strong compliance and accessibility to employee information.
Some of its features are:
Pros And Cons Of Eddy
Pros | Cons |
The ability to create fillable and signable documents improves efficiency Training feature helps track license and insurance expirations Easy tracking of hourly employees' clock-ins and clock-outs | Phone app lacks a clear visual of paid time, requiring manual calculation No communication on account manager changes, leading to confusion |
Eddy Pricing
From the official Eddy HR pricing page:
- Starter: $4/person + $50 base fee per month
- Growth: $8/person + $75 base fee per month
- Premium: Custom pricing
Disclaimer: The price is subject to change.
Workday HCM supports businesses of all sizes with its workflow planning and analysis. It includes HR management, talent sourcing, and contractor management. AI-driven insights and customizable workflows enhance recruitment, development, and retention of employees. Moreover, a dedicated mobile application for both Android and iOS users makes it convenient for business management.
Some of its key features include:
Pros And Cons Of Workday HCM
Pros | Cons |
Reliable tool for tracking profiles, leaves, performance evaluations, and feedback Access everything from your phone, perfect for on-the-go use Supports full employee journey, from onboarding to retirement and promotions
| Occasional loading time or system lag during high-traffic hours slows workflow Repetitive login verification process after an idle time can be time-consuming |
Workday HCM Pricing
Workday provides custom pricing according to users’ needs and requirements.
When choosing the best HCM software, company size and specific needs are key factors. Small businesses benefit from solutions that simplify onboarding and performance management, whereas large organizations require AI-driven insights and smart analytics.
For employees, compliance, payroll, and data management software are essential. Employee engagement platforms are optimally suited to enhance overall experience and flexible customization.
All in all, the best HCM software enhances efficiency, supports HR strategies, and scales with business growth, as outlined in the provided details.