TOP HUMAN RESOURCE SOFTWARE VENDORS

1. TOP HUMAN RESOURCE SOFTWARE VENDORS – BY 360 QUADRANTS Human Resource Software optimizes all the tasks performed by HR department in the organization. This enables HR team to focus on other important tasks by improving their productivity and reducing manual work. The major use of HR softwareis in employee recruitment process. The software stores all the employee related important data into single platform which can easily accessed by the recruitment team and saves their time. Employee On boarding and performance evaluations tasks are also optimized using Human resource software. Since this software can be deployed on cloud or on-premise and also be integrated with any existing processes, it is highly implemented in multipleorganizations. Human Resource Software QuadrantHighlights 175 companies offeringHuman Resource Softwarewere analyzed and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and EmergingLeaders. Paylocity, Workforce Now, Workday, UltriPro, Paycom, BambooHR, Oracle PeopleSoft, Odoo, and SAP SuccessFactors have been identified as visionary leaders as they have established product portfolios and a robust market presence and businessstrategy. Kronos Workforce Ready, Oorwin, and Adepto have been identified as innovators as they have focused product portfolios, but a mediocre businessstrategy. Cascade HR, Ceipal Workforce, Virtuo and Workable have been identified as emerging companies as they have a niche product offering but poor businessstrategy. Quikchex, ADP Vantage HCM, Brightspark, Zoho People, iManage and Keka have been recognized as dynamic differentiators as they have an innovative portfolio of solutions andservices. The 360Quadrants platform provides the most granular Human Resource Software comparison between vendors. 360Quadrantsconducts an in-depth SWOT analysis and accurately analyses the companies considered for evaluation. This helps service providers in learning about new opportunities and areas where they lag behind their peers. It also helps clients in choosing the most appropriate vendor for their requirements. Human Resource Software is trending in market. Many organizations are getting it implemented for easing the process of human resource operations. Best Human Resource Softwareenables organizations to manage employee data along with their attendance, payroll management efficiently. HR personnel has responsibilities of many tasks which need to manage lot of documents. With the help of this software organizations can optimize these tasks and reduce manualwork.

2. Top Human Resource Softwarecomes with multiple beneficial features which can help organizations. By optimizing the human resource process the software increases organizational efficiency and productivity. Below is the list of features of software that proveshelpful: • Employee Information Management- This software comes with complete employee database that contains all the important information of employees’ right from their joining details till their behavior in organization. It also ensures that entire data is linked to the universal organization record, so that it becomes easy to track and spool reports. • Recruitment & Hiring- The software eases the process of recruitment and makes sure that all the required information is handy. It takes care of entire employee lifecycle and optimizes the hiringprocess. • Talent Management- Understanding if employee is talented or not is a challenging task. The software evaluates employees even post interview is done. It tracks employee performance, their satisfaction level and many suchcharacters. • Benefits Management- This is one of the key task of HR department. This software very well manages benefits administration, health insurance, retirement plans, and other compensations offered by theorganizations. • Financial Management- Financial management includes tasks like payroll, compensation, rewards, salary hikes and many more. HR software simplifies this financial planning by optimizing suchtasks. • Time & Attendance Management- It manages staffing timings of the employees. Also makes entry when employee is on leave like maternity or disability or any other type ofabsentee. • Learning & Professional Development- HR software also provides a universal platform where multiple trainings and educational videos can be uploaded that can benefit employees. It can also track the variety of certificates that employees receive by completing desired courses and reduce manualwork. • Accounting- Accounting in HR department includes tasks like financial planning, managing budgets and invoices. The software can accurately calculate the detailed budgets without any errors and reduces the chances of any manualmistakes. • Employee Self-Service- This feature of software reduces burden of clerical work from HR dept. It enables employees to edit data themselves and also has restrictions for certain important data. So it adds to data security aswell. • Automated Alerts- Reminding employees or even stakeholders at times for certain tasks can be strenuous. With HR software it becomes possible to send automated alerts or reminders to employees in case of any policy updates or even internalcommunications.

3. Best Human Resource SoftwareVendors ADPWorkflow Paylocity Kronos WorkforceCentral WorkdayHCM UltiPro Paycom PeopleHR BambooHR CeridianDayforce OraclePeopleSoft APS Core HRSolution GoCo SAPSuccessFactors Odoo Bayan Activ8 Adepto Bitrix24 PageUP ZohoPeople Human Resource Softwarepricing Human resource software pricing is another important factor for organizations. It definitely optimizes many tasks of HR department but its affordability has to be considered. HR software pricing depends completely on the features selected by the organizations. Many vendors come with customizable software where users need to pay only for the features they need and can get the customized product. While many also come up with the package that user need to pay either monthly or annually.For

4. example: Zoho comes with a HR software Zoho People where users can select monthly plan ranging upto $ 4.16/employee/month. It also offers free plan. Human Resource Software reviews that are available on multiple websites make it easy to understand which vendor is offering best HR software along with affordable HR softwarepricing. • Trends in Human Resource Software:2020 • Looking at the impact that Human Resource Software has created on business, the growth in this market is predictable. Organizations need daily technical advancements in such software which will help them to automate many of its tasks and reduce manual work by boosting its productivity. Let’s see few trends in Human ResourceSoftware: • Artificial Intelligence & Machine Learning in HRsoftware • Virtual WorkspaceTechnology • PeopleAnalytics • Real-timeFeedbacks • HRCloud • Integration with fitnessapps • Accurate PerformanceAssessment • DataSecurity • PredictiveAnalytics 360 ScoringMethodology Best HR Softwarewill be rated using the following methodology- A highly experienced team of researchers and senior analysts conduct extensive research to generate a list of vendors(competitors). A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and CompanyMaturity. Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value. Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sectorfootprint.

5. Approximately 20+ in-depth parameters will be considered for research for the Human Resource Software market. These parameters will be updated every 6 months to ensure latest developments are taken intoconsideration. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below: Buyers Industry Experts 360QuadrantsAnalysts Vendors(Competitors) The inputs are analyzed, and a final rating is assigned to each vendor(competitor). After the finalization of ratings, each vendor is placed in the most relevant quadrant based on theirscore. About360Quadrants 360Quadrants is the largest marketplace looking to disrupt US $6.3 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across variousmarkets. 360Quadrants will also be launching quadrants in fields like Access Control Software, Cloud computing Software and Machine VisionSolutions. Contact: Mr. Agney Sugla agney@marketsandmarkets.com 630 Dundee Road, Suite430 Northbrook, IL60062 USA:+1-888-600-6441