Running a successful business can pose multifaceted challenges, especially for a medium-sized business. With an existing budget constraint and resource limitation, it is important for them to capitalize on growth opportunities for optimal workforce management. This is where human resources software for medium-sized businesses comes in.
Selecting the right HR platform, however, can be a bit cumbersome as there are so many options to choose from. To assist with this process, our team of experts at Software Finder has thoroughly researched and compiled a list of the best HR software for medium businesses, making your selection easier.
Company | Best for | Main Features | Pricing |
Paylocity HR |
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Eddy HR |
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Paycor |
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Rippling |
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Zenefits |
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BambooHR |
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Calamari HR |
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Gusto HR |
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Namely Payroll |
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Paylocity HR is a full-service human resource information system (HRIS) that facilitates multiple administrative functions for small to medium-sized businesses. These include payroll processing, recruiting software and onboarding, performance management, and employee learning and training.
The platform provides automated workflows that are a great source for optimizing administrative tasks. Whether the HR tasks are common or unique ones, Paylocity facilitates them all. Additionally, its ‘Document Library’ centralizes all available documents and employee data, eliminating the need for manual paperwork management.
Pros
Cons
Pricing
Eddy HR is an all-in-one human resources platform designed to meet the administrative needs of mid-sized companies. With this comprehensive software, businesses can transform talent acquisition process, recruitment, effective employee onboarding, and workforce management. Eddy HR brings forth innovative and convenient approaches to elevate progress.
Unique Features
The platform streamlines payroll and compensation benefits, saving you valuable time. You can complete remuneration tasks in minutes rather than hours. Additionally, Eddy eliminates the hassle of using spreadsheets and multiple applications by centralizing all administrative functions within one platform.
Pros
Cons
Pricing
The software offers the following pricing plans:
Paycor is a robust human capital management (HCM) solution designed for industry leaders and frontline managers. It simplifies benefits administration, law compliance, payroll, workforce management, and more. With unlimited workflows and automated task management, Paycor significantly enhances the performance of HR staff. The software also offers employee recordkeeping functionality, consolidating all information in one centralized location.
Unique Features
The platform provides an integrated payroll management system that eliminates manual processing. Additionally, Paycor operates globally and provides mid-sized companies effective compliance with both local and federal laws.
Pros
Cons
Pricing
Rippling streamlines manual tasks and promotes strategic and data-driven decision making. It allows recruiters to post job openings across 25,000 job boards with a single click. Additionally, the software automates the hiring process and onboards new employees within 90 seconds.
Unique Features
The platform offers its services in 140+ countries. This means that a remote HR team can manage all the work as effectively as an in-house staff because Rippling facilitates clients on a global scale. Additionally, it provides compliance with local and international employment laws and keeps the company legally secure.
Pros
Cons
Pricing
Trinet Zenefits caters to companies of all sizes, both locally and globally. It provides customizable offer letters that administrators can use to streamline the recruitment process and make new hires feel welcome. Additionally, the platform facilitates background check software, collects e-signatures, and manages tax documents, simplifying the entire hiring and onboarding process.
Unique Features
Zenefits benefit mid-sized organizations in diverse ways. It offers seamless payroll processing, benefits management, risk mitigation, law compliance, and a global reach. Furthermore, it strengthens your workforce by providing up-to-date learning and training materials that enhance their knowledge and soft skills.
Pros
Cons
Pricing
The platform's pricing plans are given below:
The platform provides an optimized approach to handle employees’ data and track their performance. With its 49 built-in reports, administrators can generate comprehensive reports, analyze workforce progress, and make necessary changes with great ease.
Unique Features
BambooHR has an extensive, built-in applicant tracking system (ATS) that facilitates top talent sourcing for mid-size organizations and makes the entire hiring process seamless and smooth. Additionally, its efficient performance management tools ensure effective goals tracking and inspiring the workforce to meet targets and grow.
Pros
Cons
Pricing
Calamari HR is designed with keen attention to improve user experience and streamline complex administrative tasks. It eliminates the need for manual spreadsheets by providing efficient workforce management, payroll processing, and document storage functionalities.
Unique Features
The platform improves work efficiency by accurately organizing employees’ data. Moreover, it eliminates the need for manual document management by digitalizing HR documents, employee records, and workforce directories.
Pros
Cons
Pricing
Calamari HR offers the following monthly pricing plans:
Gusto, a payroll software, supports international contractors in 120+ countries and facilitates tax registration in all 50 states of the U.S. Additionally, the software provides unlimited payroll runs without additional cost. Companies can invest these resources in crafting and promoting other business strategies.
Unique Features
Gusto HR provides global clients with HR automation processes in automated payroll services, including tax filings and direct deposits. Additionally, it provides health insurance options without extra cost. Medium-sized businesses can either customize new healthcare packages by following Gusto HR licensed advisors’ proposals or make new ones that suit their needs.
Pros
Cons
Pricing
The platform offers the following pricing plans:
Namely Payroll automates tax filings and wage calculations, customizes benefits administration, and provides employees with a comprehensive self-service portal. Collectively, all these features elevate the HR staff performance.
Unique Features
Namely Payroll provides a ‘handbook builder’ that helps comply with local and international laws. It helps boost employee productivity and relationships by acknowledging their hard work and tracking and amplifying their efforts. Additionally, its accurate time monitoring leads to timely payroll calculations and reduces errors.
Pros
Cons
Pricing
The software the following plans:
Now that we have consolidated our list of best HR software for medium business in 2024, let's walk through the criteria that helped us choose them. We have kept this list precise and highlighted the key features that generally make the platforms stand out. Let’s begin:
Target Audience
When selecting HR software, the intended audience plays a significant role. Understanding your target audience can boost your progress, increase conversion rates, and lead to satisfied customers. For example, an HR platform designed for medium-sized businesses will provide pricing plans that are affordable for those specific companies.
Data Insights
One of the most crucial tasks of human resources staff is managing employee data and organizing documents. The software’s extensive analytical and reporting capabilities help streamline this task, increase efficiency, reduce human errors, and boost productivity. Additionally, custom reports help analyze different business strategies and gauge the performance outcomes.
Scalability
A software’s ability to expand and adapt to growing organizational needs determines its reliability. Regardless of its current size, your company will eventually grow, and it is vital that the HR platform accommodates the additional tasks without compromising its performance. Therefore, we analyzed different HR platforms’ scalability and enlisted the ones that had par excellence scaling capabilities.
Some fundamental features that elevate the reliability of an HR software are: