HCM software streamlines HR processes by centralizing employee data and automating tasks such as recruiting, payroll, and performance management. HCM provides valuable insights into employee engagement, helping companies align employees with company goals and improve productivity and satisfaction.
Info-Tech’s Data Quadrant is a comprehensive evaluation tool that uses IT professional feedback to rank software products based on likelihood to recommend, feature score, net emotional footprint score, and vendor competency. These factors are aggregated into a composite score (CS). This reflects overall user satisfaction and determines the product’s placement within the data quadrant. The company’s methodology ensures that rankings are not influenced by analyst opinions or vendors and are based entirely on genuine user reviews.
We used data from 2,649 end-user reviews on Info-Tech’s SoftwareReviews platform to identify the top HCM software providers in the 2024 HCM Data Quadrant report. This insight is published to support organizations considering options to streamline their talent management strategies.
The 2024 Human Capital Management – Enterprise Gold Medalists are:
Workday HCM, 8.6 CS ranked highly for employee records functionality. Dayforce ranked highly in Payroll Management with an 8.4 CS. UKG Pro, 8.1 CS was ranked highly for training availability and quality.
The 2024 Human Capital Management – Mid-Market Gold Medalists are:
Rippling (9.1 CS) ranked highly in Payroll Management. BambooHR, 8.9 CS, ranked high for feature quality. Humi (8.8 CS) ranked highly for its employee records feature. Gusto, 8.8 CS was ranked highly for ease of implementation. Zoho People (8.6 CS) ranked highly for its time and attendance features.
Analyst insights:
“HCM solutions help businesses keep up with the rapid changes in the way we work today,” he says. Ricardo de OliveiraAdvisory Director, Information Technology Research Group. “The right system simplifies day-to-day operations, improves employee engagement, and ultimately drives growth. It’s not just about choosing software that works now, it’s about connecting your employees and business It’s about finding something that can grow and adapt as it evolves.”
User ratings for software categories at SoftwareReviews provide an accurate and detailed view of the ever-changing market. Info-Tech’s reports are based on data from users and IT professionals who have become familiar with the software through the procurement, implementation, and maintenance processes.
Read the full report: Top Human Capital Management Software in 2024
For more information about Info-Tech’s SoftwareReviews, Data Quadrants, or Emotional Footprint, or to access resources to support your software selection process, visit softwarereviews.com.
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SOURCE Information Technology Research Group