Top 10 HCM Solution Providers 2022
Human capital management may assist HR managers in acquiring, engaging, and retaining people while increasing workforce productivity. With an integrated HCM system that unifies HR services, companies may be able to reduce costly redundancies and synchronize data into a trusted source for decision-making. The goal of HCM is to optimize and maximize the economic, or business, value of an organization’s human capital in order to gain a competitive advantage. Effective human capital management enables the organization to successfully pursue human capital initiatives. Employing the right talent is key and a critical responsibility of the human resources team. Once an employee is recruited, HCM also plays a role in the onboarding of that employee, ensuring that the employee acclimates to the company culture and other team members.
HCM also helps with the training of employees to ensure their skills are constantly updated. Employees that are constantly growing, improving, and getting the development they are after are typically eager to keep growing and remain with that organization. This covers the HCM employee cycle from hiring to retention. Overall, HCM plays a crucial role in increasing the efficient and effective performance of employees, which in turn helps to increase the overall productivity of the organization.
However, with hundreds of different options in the marketplace, it can be overwhelming to figure out which system is the best. To make this process more streamlined, our team of researchers, analysts, and editors has shortlisted a set of companies that stand out from the crowd. The companies included in the list offer some of the most innovative as well as exclusive solutions that could create an impact in the HCM sector.
Company:
Ascentis
Management:
Brian Provost
Designation:
CEO
Headquarters:
Eden Prairie, MN
Website:
ascentis.com
Organize, humanize, and maximize your resources. It’s at the heart of everything they do. Ascentis offers easy-to-use HCM, HRIS, online payroll, talent management, recruiting, and timekeeping solutions as a fast-growing leader in the Software as a Service (SaaS) Human Capital Management (HCM) arena. With 35 years of experience in the sector, Ascentis has maintained a dedication to providing an unrivaled clientcentric service approach to mid-to large-sized businesses.
Company:
Atoss
Management:
Andreas F.J. Obereder
Designation:
Founder and CEO
Headquarters:
Munich, Germany
Website:
atoss.com
Workforce management is their passion,They design tomorrow’s working environments”. As pioneers and innovators in the workforce management market, the company has a clear vision of how they want to bring about positive changes in working life and create added value for our customers. This vision of a human economy excites and motivates them.
Company:
BambooHR
Management:
Brad Rencher
Designation:
CEO & Founder
Headquarters:
Lindon, UT
Website:
bamboohr.com
Company:
Betterworks
Management:
Brad Rencher
Designation:
CEO & Founder
Headquarters:
Lindon, UT
Website:
bamboohr.com
They’re not just a software company; they’re creating an experience that helps over a million employees have the best HR experience possible and be more successful every day in their work. BambooHR sets people free to do great work— not just HR pros, but entire organizations, including their own.
Company:
Brand’s Paycheck
Management:
Sam Lowinger
Designation:
CEO
Headquarters:
Brooklyn, NY
Website:
brandspaycheck.com
Its mission is to simplify the burden on business owners. Using their expertise and over 45 years of solving payroll problems, they’ve combined technology and insightful support staff to shape a 360° service experience from Payroll, HR, Compliance and Taxes, to Timekeeping, Benefits, and more. Their differentiation is the attention they’ve put into anticipating businesses’ most expected challenges to eliminate user error. Many companies deal with issues that can be solved simply with a little business wisdom; that’s where they come in. Their goal is to get our business on track while giving us our life back.
Company:
Enspira
Management:
Kurt Serrano Landon
Designation:
CEO
Headquarters:
Palm Springs, CL
Website:
enspirahr.com
They are a boutique HR consulting firm fueled by hundreds of years of collective, global, and cross-industry experience. They started with the simple philosophy in mind: deliver custom, client-focused solutions that help your people be inspired, grow and thrive, so your organization does too. Since they start in 2018, Enspira has been helping clients with their HR needs and consistently delivering the most practical and pragmatic ways to implement them within their organizations.
Company:
Limeade
Management:
Padmashree Koneti
Designation:
VP Product
Headquarters:
Bellevue, WA
Website:
limeade.com
With Limeade, every employee knows their company cares. Limeade is an employee experience software company that helps build great places to work. They are on a mission to transform work into a source of positivity, energy, humanity and purpose. Founded in 2006, Limeade is a pioneer in the HR technology industry and is consistently recognized for its own award-winning culture. They deliver industry-leading solutions that help companies amplify care for their employees every day to deliver improved people results.
Company:
Madison
Management:
Werner Haase
Designation:
President, CEO
Headquarters:
New York, NY
Website:
madisonpg.com
Madison creates cultures where employees love to work, learn, connect & succeed. As a global leader in Social Employee Recognition, Madison delivers intuitive and multi-faceted Recognition, Incentive, and Service Anniversary programs powered by Maestro, their uniquely configurable cloud-based SaaS technology.
Company:
Workday
Management:
Chano Fernandez
Designation:
CEO
Headquarters:
Pleasanton, CA
Website:
workday.com
Their curiosity led them to create something new—In Finance, HR, and planning system that evolves as the business evolves, and a company that’s out to do right by employees, customers, and the world. They partner closely with their customers to understand their needs. Then they innovate like crazy to give them the technology to get there. Together, they’re shaping the future of work.
Company:
Zenefits
Management:
Jay Fulcher
Designation:
CEO
Headquarters:
San Francisco, CA
Website:
zenefits.com
Zenefits has all the HR tools that make managing your people easy, from streamlined onboarding and easy PTO tracking to org charts, performance reviews, and so much more. Zenefits simplifies the process of curating and providing great benefits to your people from comprehensive healthcare plans to perks like commuter benefits.