Studies show that 51% of companies can develop business goals, around 80% fail to monitor their objectives, and only 6% regularly visit them. However, an efficient human resources (HR) platform can reduce these statistics by a great margin. Two reputable platforms, Lattice HR and Rippling HR, are software solutions that assist businesses in managing all these activities.
Lattice is a cloud-based HR solution that simplifies performance management with features like customizable reviews, goal tracking, and productivity monitoring. On the other hand, Rippling is an all-in-one platform that integrates HR, IT, payroll, and spend management, streamlining employee lifecycle tasks from hiring to benefits.
Read the following Lattice vs Rippling blog to discover how they help monitor goals, increase employee engagement, and boost growth.
Feature | Lattice | Rippling |
Human Resources Management | Efficient HRIS to automate manual tasks, analyze data, and make data-driven decisions | Automates end-to-end HR tasks customizes workflows, offers learning resources |
Payroll Processing | Seamless integration with payroll aligns financial and HR decisions and reduces errors with AI assistance | Unified payroll functionality, customizes payroll types to accommodate global team |
Performance Management | Facilitates regular feedback; offers project-based, quarterly, and annual reviews, customizable review cycles | Facilitates continuous feedback and regular review cycles, offers custom feedback forms |
OKRs And Objectives | Integrates with other platforms for better OKR tracking | Helps set and track goals and conduct feedback meetings |
Analytics And Reporting | Offers 'Adoption Dashboard' to track and evaluate workforce data | Offers real-time access to employee data dynamic visuals to customize analytical reports |
Leveraging the power of artificial intelligence (AI), Lattice is an HR platform that helps businesses efficiently manage workforce data. With advanced features tailored to meet companies’ administrative needs, the software ensures a smooth and streamlined experience for HR executives.
Managers can benefit from its surveys to measure employees’ engagement and satisfaction with the company culture, seek their suggestions, and make relevant amendments. The platform caters to several industries, including insurance, banking, information technology (IT), fintech, and sports. Moreover, offering GDRP compliance protects companies’ sensitive information from data breaches.
Unique Features Of Lattice
- Individual Development Plans: Businesses can thrive by aligning their employees’ professional goals with the company's growth objectives. By utilizing Lattice's reminders and guides, supervisors can have a one-on-one session with their employees, discuss progress, and facilitate their career growth
- DEIB Analytics: The software offers a complete breakdown of a company's workforce demographics to help employers cater to their specific needs. By ensuring fairness in performance programs, administrators can foster a positive work culture and make their employees a valuable resource
- Employee Recognition: Lattice facilitates companies to publicly praise their top performers and recognize their hard work. They can make announcements through the platform and ensure this recognition and encouragement is incorporated into employees' review cycle
- eNPS Surveys: Organizations can leverage Lattice's employee Net Promotor Score (eNPS) surveys to evaluate workforce engagement. Managers can have detailed discussions with employees and work on improving their work experience
Pros And Cons Of Lattice
Pros
- Helps employees assess their performance and discuss it with their supervisors in quarterly feedback meetings
- Seamlessly integrates with project management platforms to streamline HR activities
- Keeps administrators aligned with the workforce’s views and sentiments regarding work culture through pulse surveys
Cons
- Users cannot download the individual sections of the organization chart
- The software can lag at times and cause delays in search results
Tailored to meet various HR needs, Rippling is an advanced software that assists businesses in effectively managing both local and global teams. From the information technology (IT) department to expense management and performance tracking, it offers tools to efficiently manage all these processes.
The platform caters to businesses across various sectors and industries, including retail, manufacturing, construction, restaurants, and healthcare. By offering flexible pricing plans at a custom cost, Rippling facilitates companies to select a plan that suits their needs.
Unique Features Of Rippling
- Global Contractors: With Rippling's assistance, companies can hire and pay contractors from any part of the world. Employers can onboard recruits from 185+ countries and send payments in more than 50 currencies
- Employer Of Record (EOR): The software's EOR feature enables employers to remotely hire and manage employees in foreign countries and seamlessly manage their payroll, taxes, and other benefits
- Corporate Cards: Businesses can offer branded corporate cards to their workforce and monitor their expenses by unifying employee data with expense data. Rippling also facilitates customized card policies
- Professional Employer Organization (PEO): Rippling PEO streamlines all administrative tasks and saves administrators’ time, enabling them to focus on essential business strategies. In addition to many benefits, it automates payroll in 90 seconds and offers 24/7 compliance
Pros And Cons Of Rippling
Pros
- Effectively integrates with other platforms to ensure efficient management of various HR tasks and reduce error
- Helps manage personal finances by distributing a percentage of paycheck to different bank accounts
- A centralized learning portal that eliminates the need to log in to different portals to access assigned content
Cons
- Employee hours can only be scheduled for one pay period
- The mobile application can lag sometimes, making employees clock in a bit late
Choosing the right HR software can significantly impact a company's operations, especially when it comes to managing employee performance, payroll, and overall workforce efficiency.
If you are focused on objectives tracking and ensuring employees’ professional growth through regular feedback, Lattice should be your go-to platform. On the other hand, if you manage a global team and need access to international payroll services, along with efficient HR management, Rippling can be your best bet.
Ultimately, the choice between Lattice vs Rippling depends on your business priorities. However, if you want to explore more about these tools or are looking for any alternatives, contact our support team.