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Vista

PDS’ Vista is the complete HCM software solution for organizations with employees based in the United States, Canada, or the Caribbean. All the pieces—recruiting, onboarding, human resources, benefits, payroll, time and attendance...Read more about Vista

4.6 (16 reviews)

2 recommendations

Ascentis

Ascentis offers a cloud-based human capital management (HCM) suite designed for midsize companies of all industries. It includes HR and benefits, recruiting and onboarding, talent management, time and attendance and payroll. ...Read more about Ascentis

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iCIMS Talent Cloud

Support the entire candidate experience from start to finish with a unified recruitment platform. iCIMS offers best-in-class recruiting products for your hiring life cycle, available as part of one unified talent cloud platform, o...Read more about iCIMS Talent Cloud

4.3 (824 reviews)

4 recommendations

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Omniprise

Omniprise is an on-premise as well as cloud-based customer relationship management solution designed to provide companies a view of all customer interactions on a real-time basis. The solution is suitable for businesses of all siz...Read more about Omniprise

5.0 (2 reviews)

ApplicantStack

An applicant tracking system is the foundation of strategic talent management. ApplicantStack capably empowers all stakeholders: internal recruiters, hiring managers, administrators and—most importantly—applicants. ApplicantStack ...Read more about ApplicantStack

4.4 (1432 reviews)

16 recommendations

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BambooHR

Instead of using fragmented spreadsheets, limited or clunky software, and physical paper, BambooHR helps you centralize your data and automate the way you complete key HR tasks. As you hire, onboard, and pay your employees, every ...Read more about BambooHR

4.6 (2753 reviews)

85 recommendations

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ApplicantPRO

ApplicantPRO by JobMatch is a cloud-based applicant tracking (ATS) system designed for small to midsized companies that are working to stay in compliance with EEO/AA and OFCCP guidelines.. Its interface can be utilized by organiza...Read more about ApplicantPRO

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Oracle Taleo Cloud

Oracle Taleo Cloud is a cloud-based human resource (HR) management suite suitable for large and midsize businesses in all industries. Key features include candidate management and employee onboarding, especially for high volumes o...Read more about Oracle Taleo Cloud

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HRweb

hrweb.com, the maker of HRweb, offers employee information tracking, attendance, performance reviews or employee appraisals, self or 360 reviews, recruiting with applicant interface, training and more. HRweb helps organizations ef...Read more about HRweb

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BrightMove

BrightMove provides on-demand recruiting software for staffing firms, recruitment process outsourcing providers and corporate HR departments. With access to over 1,000 resume databases, BrightMove’s sourcing tools assist rec...Read more about BrightMove

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emPerform

emPerform is a hybrid employee performance management solution that helps organizations to automate performance reviews and align, develop and retain talent. It can be deployed either on-premise or in the cloud. emPerform helps ...Read more about emPerform

4.4 (53 reviews)

6 recommendations

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ClearCompany

Since 2004, ClearCompany’s end-to-end Talent Management platform has enabled thousands of companies to maximize talent by empowering people at every stage of the employee journey. ClearCompany integrates data-driven best practices...Read more about ClearCompany

4.4 (316 reviews)

42 recommendations

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PeopleStrategy

A full-service broker, PeopleStrategy offers expert benefits consulting, intuitive HR software and comprehensive administrative services to provide employers with a single source for the tools and resources to attract, manage and ...Read more about PeopleStrategy

4.0 (6 reviews)

HRsoft Compensation Management

With an industry-leading, purpose built platform for compensation lifecycle management, HRSoft brings the power and business impact of digital transformation to the least automated process in HR. HRSoft's Compensation Management...Read more about HRsoft Compensation Management

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Triton HR

Triton HR's cloud-based, HR solution for small to midsize companies, integrates payroll services, employee benefits, and essential HR applications into a cloud-based single single sign on system. Tailored to fit a broad spectrum o...Read more about Triton HR

No reviews yet

4 recommendations

Time and Attendance

Product description missing...Read more about Time and Attendance

4.3 (9 reviews)

Zartis

Zartis is a hybrid human resource management (HRM) solution that caters to businesses of all sizes across various industry verticals. Key features include extended development teams, permanent and contract recruitment and external...Read more about Zartis

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EnterpriseAxis HRIS

EnterpriseAxis HRIS is a cloud-based human resources information solution that helps small to midsize businesses manage operations, assets, recruitment, payroll administration, data security and employee self-service from a visual...Read more about EnterpriseAxis HRIS

5.0 (1 reviews)

Criterion HCM

HCM Without Compromise. Criterion provides human capital management (HCM) software for midmarket organizations, helping organizations in construction, financial services, nonprofits and higher education streamline their critical ...Read more about Criterion HCM

4.3 (13 reviews)

7 recommendations

DATIS HR Cloud, Part of the ContinuumCloud

DATIS, Part of the ContinuumCloud, offers a completely unified HR and Payroll platform purpose-built for human services organizations. Our cloud-based software empowers employees, engages teams, and evolves organizations by unitin...Read more about DATIS HR Cloud, Part of the ContinuumCloud

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Buyers Guide

Last Updated: March 16, 2023

What Is Human Capital Management Software?

Human capital management software is a type of software that provides features for strategic planning of available workforce. The software fits into the broader category of general HR software and offers overlapping features such as personnel and time and attendance tracking. The informal distinction is that human capital management software includes data visualization and analytics capabilities to predict requirements and optimize workforce.

Technically, HCM software fits into the broader category of general HR software and as such, it can include some or all of the following core HR functionalities:

  • Recruiting

  • Onboarding

  • Personnel tracking

  • Time and attendance

  • Payroll

The informal distinction between HCM and general HR software is that HCM includes tools useful for more strategic workforce planning and analysis, while core HR software is typically more focused on the nuts and bolts of employee management. This is discussed in more detail in the final section below.

Of course, this standard warning applies: Vendors market their software differently and have a tendency to blur distinctions and descriptions. While the distinction above may not hold in all cases, it’s still useful to keep in mind as you read reviews and move closer to a purchase decision.

In this HCM software Buyers Guide we look at:

Common Functions of Human Capital Management Software

The following are generalized descriptions of the functionalities commonly included in HCM software. While they may be described differently by different vendors, the essential functionality will be similar across the board.

Core HR administration

These are the functionalities associated with traditional HR software, such as: benefits and payroll administration, employee life cycle process management and organization of employee data.

Talent management

These applications help manage recruiting and onboarding processes, compensation, management of employee performance and training and education programs.

Workforce management

These tools help manage day-to-day workforce activities by tracking time and attendance, activity and task tracking, scheduling and absence management.

HR service delivery

These tools are provided largely for the benefit of employees, offering direct (online) access to important records and information regarding their employment.

Workforce analytics

These functions include reporting and data visualization features as well as predictive HR analytics models to help the predict and plan for likely future scenarios and challenges.

What Type of Buyer Are You?

Core HR buyer. Your company has grown and it’s time to graduate from your spreadsheet-and-email methods of managing employees. Core HR platforms provide the essential, must-have HR functions such as personnel tracking, absence management, payroll, benefits administration and recruiting. Core HR platforms can be purchased for on-premise installation or as online software.

Best-of-breed core HR buyer. You already have a system for managing human resources. It’s an older system and doesn’t have much fancy functionality, but it’s integral to your operations and would be costly to replace. But, you’ve found you need some additional functionality, maybe something to help you better track applicants or update your appraisal and review processes. Often, HCM applications can be purchased as best-of-breed solutions, letting you add new HR functionality without much capex or system downtime.

Strategic HR buyers. If you’re in this group, then you probably have loftier HR goals, like workforce optimization and strategic workforce planning. These goals require better analytical tools that can help with forward-looking projections and planning. To the average (core) HR buyer, some of these tools would be considered “nice to have.” But for companies that want to amp up their HR strategy and are looking for tools to help with, for example, performance management, succession planning or compensation management, then HCM software is usually the best choice.

Related HR and HCM Software Categories

There’s a variety of stand-alone HR applications and full HR and HCM platforms on the market, and buyers are encouraged to examine all of their options before making a purchase decision. Depending on if you’re a core HR buyer, a best-of-breed core HR buyer or a strategic HR buyer (see explanations above) you might find the perfect HR tool on one of the related pages below: