Showing 1-20 of 134 products
Dundas BI, from Dundas Data Visualization, is a browser-based business intelligence and data visualization platform that includes integrated dashboards, reporting tools, and data analytics. It provides end users the ability to create... Read more
Recent recommendations: 15 recommendations
Domo is the Business Cloud®, empowering organizations of all sizes with BI leverage at cloud scale in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on the fly, in minutes or seconds,... Read more
Recent recommendations: 13 recommendations
ClicData is a business intelligence (BI) dashboard solution designed for use primarily by small and midsized businesses. The tool enables end users to create reports and dashboards. A drag-and-drop interface designed for ease of use... Read more
Recent recommendations: 12 recommendations
Logi Analytics is a business intelligence (BI) platform that provides self-service analytics tools for businesses. It can be embedded directly into the applications that employees use every day. Key features include a dashboard, data... Read more
Recent recommendations: 6 recommendations
InetSoft Style Intelligence is a business intelligence software platform that allows users to create dashboards, visual analyses and reports via a data mashup engine—a tool that integrates data in real time from multiple sources.... Read more
Recent recommendations: 5 recommendations
Birst, an Infor Company, is a web-based networked BI and analytics solution that connects insights from various teams and helps in making informed decisions. The tool enables decentralized users to augment the enterprise data model... Read more
Recent recommendations: 3 recommendations
Sisense is an agile business intelligence (BI) solution that provides advanced tools to manage and support business data with analytics, visuals and reporting. The solution allows businesses to analyze big and disparate datasets and... Read more
Recent recommendations: 2 recommendations
PlaidCloud is a comprehensive business analytics platform that combines data analysis tools, flexible workflows, and business processes to deliver a solution designed to help analyst teams collaboratively develop business models and... Read more
Recent recommendations: 2 recommendations
Toucan Toco is a cloud-based data visualization solution designed to deliver data and insights to non-technical decision makers using visual data storytelling. With Toucan's application studio, businesses are able to create and display... Read more
Recent recommendations: 1 recommendations
Created to combine business intelligence, corporate performance management, and business analytics, BOARD is a full-featured business intelligence system that serves midsize and enterprise-level companies in a variety of different... Read more
Yellowfin, a business intelligence platform, is a single integrated solution developed for companies across varying industries and scaling sizes. This system is customizable to suit businesses in accounting, advertising, agriculture,... Read more
TrenData People Analytics is a cloud-based business intelligence (BI) solution designed for midsize businesses across various industries. The solution offers various HR analytics and workforce management features such as compensation... Read more
BI4Dynamics is built on 15 years of BI, data warehouse, and Microsoft Dynamics experience and has been deployed for over 1,000 Dynamics user projects worldwide. BI4Dynamics allows companies to build corporate-level data warehouses... Read more
BullseyeEngagement's Business Intelligence Dashboards synthesize data from various sources and make complex information easily understandable. These highly customizable dashboards were built to give busy business leaders real-time... Read more
Your organization depends on your team to deliver the actionable C-Level insights from your EPM data that it needs. If you are stuck with static reports, BI tools that don’t innately understand the hierarchies and dimensions of financial... Read more
Unsupervised is a data intelligence platform built on unsupervised AI for companies seeking analytics and business intelligence software. Unsupervised ingests both unstructured and structured data from multiple sources, autonomously... Read more
Canva is a cloud-based graphic design tool used to create on-brand marketing content by enterprises of all sizes. This solution includes features such as drag-and-drop design and photo editing with access to custom fonts, frames, shapes,... Read more
Google Analytics is a cloud-based solution designed to help small to midsize businesses track and evaluate website traffic and improve the performance of marketing, content and product sales. Features include remote data access, campaign... Read more
Tableau is an integrated business intelligence (BI) and analytics solution that helps to analyze key business data and generate meaningful insights. The solution helps businesses to collect data from multiple source points such as... Read more
Microsoft Power BI is a web-based business analytics and data visualization platform that is suitable for businesses of all sizes. It monitors important organizational data and also from all apps used by organizations. Microsoft Power... Read more
Every HR department is sitting on a goldmine of information with their workers, from compensation numbers to recruiting data, performance measurements and more. With the right HR system, collecting and storing this data has never been easier—even for the smallest of businesses.
And yet, it's not enough. In order to optimize your workforce effectively, you need to take the next step to understand what all of this data means and how it can help you make better business decisions. It's a monumental task, and one that spreadsheets and elbow grease simply can't handle alone.
Which is why if you're sitting on a mountain of employee data, but have no idea how to interpret it properly, you should consider investing in HR analytics software. These platforms are designed to help HR practitioners make sense of their disparate workforce metrics and turn that information into action.
If you've never researched HR analytics software before, we're here to help. In this Buyer's Guide, we'll go over everything you need to know about HR analytics software to help you find the right system for your needs and budget.
Here's what we'll cover:
What Is HR Analytics Software?
HR analytics software is a type of business intelligence (BI) software designed to help HR departments uncover important insights in their data and make better, data-driven decisions with their workforce.
These are powerful tools that can aggregate massive amounts of data from your disparate systems (e.g., payroll software, performance management software, an LMS, financial reporting software etc.), process it and analyze it for meaningful trends. These trends can then be visualized using easily interpretable charts and graphs and shared with stakeholders.
If you're an HR manager struggling to understand how much employee training is impacting revenue, why turnover is higher than usual or what applicant qualities best predict future top performers, HR analytics software can help.
Common HR Analytics Software Features
HR analytics software products share a ton of functionality in common. Here is a list of features you should expect to find in most systems:
|Data aggregation||Pulls and processes data from various sources integrated with the software.|
|Data visualization||Visualizes workforce data in easily understandable graphs and charts.|
|Dashboards||Users can customize single-screen views of various HR metrics to see performance at a glance.|
|Reporting||Generate standardized and customizable reports to be sent out regularly to stakeholders.|
|Predictive analytics||Uses discovered trends from historical data sets to create models predicting what's likely to happen with that data in the future.|
|Workforce planning||Create strategic workforce plans for recruiting, performance management, training and more based on analytical trends.|
Benefits of HR Analytics Software
One of the most significant benefits of HR analytics software is that you get access to advanced business intelligence functionality without needing the knowledge and expertise of a data scientist. HR analytics software has become incredibly user-friendly in recent years to allow HR practitioners to slice and dice their data as needed. Many systems are cloud-based, so you don't even need your own server.
Here are a few other benefits this type of software offers:
- Cross-functional data analysis. It's become pretty common for core HR software to have functionality for analytics already. The problem though is these systems are rarely able to incorporate data from other non-HR platforms. HR analytics software can though, allowing you to see how workforce trends are impacting things like sales and revenue.
- No more tedious double-entry. Updating numbers manually in an HRIS or other system is painful enough. Having to update them again in an analysis tool, like a spreadsheet, just adds insult to injury. With HR analytics software, any integrated data sources that get updated will automatically update the data in the analytics too.
- Company-wide applications. Though there are some systems that only focus on HR (e.g., Visier), there are also a ton of products that can be used for other purposes too, such as sales, marketing, distribution or financing. If executives are bullish on spending money for a one department tool, there are systems that cater to all kinds of company data.
- Better workforce decisions. This is the most significant benefit of all. Any edge you can get in hiring great talent and keeping them happy, motivated and productive is worth the effort. HR analytics software can help you uncover meaningful trends you wouldn't have noticed otherwise to improve your workforce.
Key Considerations When Purchasing HR Analytics Software
When confronted with so many options, it can be tempting to simply find the HR analytics software system with the best reviews within your budget and sign a contract. Do that though, and you're likely to end up with a system that doesn't live up to expectations.
As you start researching options and talking to vendors, here are a few key things to keep in mind:
- Is the system agile enough to adjust with your workforce strategy? At the drop of a hat, businesses can go from prioritizing upskilling current workers to cost optimization. Talk to vendors to make sure that any data models are flexible enough to adjust or reuse when you change course.
- Will the system play nice with your current software stack? HR analytics software relies on data from existing systems to fully function. If your current software can't integrate properly or corrupts data as it's being transferred, that will make your new purchase worthless. Ask vendors if they have any preferred software partners.
- What support options do they offer? I mentioned support earlier as a critical differentiator for a reason. Besides asking about phone or email support (preferably both are local and available 24/7), also ask vendors if they'll handle implementation and data migration for you. This can be especially beneficial if you're lacking in dedicated IT personnel or resources.