BLUEPRINT

You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

Advertiser Disclosure

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full advertiser disclosure policy.

Human capital management (HCM) is a term often used interchangeably with human resources, but it specifically refers to tools and systems designed to maximize every part of the employee lifecycle. This includes recruiting and onboarding all the way to departure or retirement.

The best HCM software includes tools for running payroll, handling onboarding tasks, managing employee performance and tracking time. The software should also be priced in a way that doesn’t represent a huge hit to your bottom line in exchange for the convenience on offer.

Best HCM software

Why trust our small business experts

Our team of experts evaluates hundreds of business products and analyzes thousands of data points to help you find the best product for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below.

  • 25 companies reviewed.
  • 1,068 data points analyzed.
  • 100+ hours of research.

Best HCM software comparison

PAYROLL PROCESSINGBENEFITS ADMINISTRATIONRECRUITING TOOLSTIME AND ATTENDANCE
Only through integrationsNoYesYes
PAYROLL PROCESSINGOnly through integrations
BENEFITS ADMINISTRATIONNo
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesOnly through integrationsYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONOnly through integrations
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesYes (add-on)Yes (add-on)Yes (add-on)
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes (add-on)
RECRUITING TOOLSYes (add-on)
TIME AND ATTENDANCEYes (add-on)
YesYesYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
Yes (add-on)NoYesYes (add-on)
PAYROLL PROCESSINGYes (add-on)
BENEFITS ADMINISTRATIONNo
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes (add-on)
YesOnly through integrationsYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONOnly through integrations
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesYesYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesYesYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesYesYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes
YesYesYesYes
PAYROLL PROCESSINGYes
BENEFITS ADMINISTRATIONYes
RECRUITING TOOLSYes
TIME AND ATTENDANCEYes

Methodology

We extensively research the key competitors within an industry to determine the best products and services for your business. Our experts identify the factors that matter most to business owners, including pricing, features and customer support, to ensure that our recommendations offer well-rounded products that will meet the needs of various small businesses.

We collect extensive data to narrow our best list to reputable, easy-to-use products with stand-out features at a reasonable price point. And we look at user reviews to ensure that business owners like you are satisfied with our top picks’ services. We use the same rubric to assess companies within a particular space so you can confidently follow our blueprint to the best HCM software of 2024.

Expert score (10%): When evaluating HCM software, we consider the value on offer, particularly for small business owners, along with what features and functionality a platform includes, a company’s support options, and things like helpful extras and a company’s reputation among consumers.

Value (20%): When determining how much value is inherent in a company’s HCM plans, we balance pricing (as well as — crucially for HCM software providers — pricing transparency) against the tools and features you get for your money.

Features (46%): Features are one of the most essential considerations when evaluating an HCM platform. Some of the most important we consider are payroll, benefits administration, HR tools and how or if a company integrates AI assistance into its app.

Service and support (8%): Small business owners often can’t predict their schedules, so we prioritize 24/7 availability when judging the quality of a company’s customer support. We also consider what channels support is available through and what kind of resources a company provides online.

Customer reviews (16%): We measure a company’s reputation among consumers by investigating reviews on aggregators like G2, Capterra and Trustpilot, prioritizing common complaints and praise.

What is HCM software, and how does it work?

Human capital management (HCM) software is a tool for managing every part of the employee lifecycle, starting with recruiting and hiring, through onboarding, employee management (including benefits and compensation), performance management, training through departure or retirement. 

HCM software at its best empowers leadership to evaluate employees and their progress and help them grow, improve, and stay engaged, all while optimizing (and in some cases automating) HR processes so they’re more efficient and less time consuming.

How to choose the best HCM software 

The best HCM software platforms share some common attributes and distinguish themselves from competitors with exceptional offerings in some key areas.

Key features to look for

Some of the most vital HCM features are:

  • HR tools: Particularly automations and employee self-service tools that reduce the load on leadership so you can focus on growing your business.
  • Payroll: Payroll processing can be complex and time-consuming. A great HCM platform makes it easy and automatic.
  • Time tracking: Like payroll, manual time tracking can be onerous and time-consuming. HCM software can make it easy to manage and assess at a glance.

Add-ons and extras 

AI features are one of the categories where HCM software is distinguishing itself. Alongside machine learning, it can offer faster and more complete analytics and provide data about your workforce that can help you transform it into a more efficient and effective piece of your business. 

Expert consultation and support is also available through some HCM agencies and can be a huge boon, particularly for new business owners still finding their footing in the business world unfamiliar with managing HR or calculating payroll.

Customer service

In that vein, customer service is very important, not only for helping users navigate some of the complexities of running a business, but for making the best use of an HCM platform. Also, because these applications can be fairly complicated, there are often a lot of potential technical points of failure, so customer service is especially important, particularly for larger platforms with more moving parts.

How much does HCM software cost?

LOWEST-PRICED TIER (MONTHLY)MID-PRICE TIER (MONTHLY)HIGHEST-PRICED TIER (MONTHLY)
$0$3.50 per user$10 per user
LOWEST-PRICED TIER (MONTHLY)$0
MID-PRICE TIER (MONTHLY)$3.50 per user
HIGHEST-PRICED TIER (MONTHLY)$10 per user
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
$3.45 per employeeN/AContact company
LOWEST-PRICED TIER (MONTHLY)$3.45 per employee
MID-PRICE TIER (MONTHLY)N/A
HIGHEST-PRICED TIER (MONTHLY)Contact company
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company
Varies by featuresN/AN/A
LOWEST-PRICED TIER (MONTHLY)Varies by features
MID-PRICE TIER (MONTHLY)N/A
HIGHEST-PRICED TIER (MONTHLY)N/A
Contact companyContact companyContact company
LOWEST-PRICED TIER (MONTHLY)Contact company
MID-PRICE TIER (MONTHLY)Contact company
HIGHEST-PRICED TIER (MONTHLY)Contact company

HCM software is typically based on a per-employee per-month structure, meaning that prices will scale fairly dramatically for larger businesses. However, one of the most frustrating facets of HCM software pricing is that very few companies disclose pricing information online and require customers to contact sales for a personalized quote before they reveal approximate costs. 

This is problematic for small business owners who are attempting to build a budget and need hard numbers to ensure they’re able to stay afloat, particularly in the earliest and most vulnerable stages of building a business. 

Most small business owners don’t have unlimited time to spend reaching out to sales departments sourcing quotes for just one small facet of their expenses, so companies like Zoho and Uzio that do surface pricing are very appreciated.

Frequently asked questions (FAQs)

The best HCM systems offer payroll, benefits administration, HR tools and other employee management features to help you get the most out of your team. Some also offer extras in the way of AI assistance or expert support.

HCM pricing varies broadly from company to company. Unfortunately, many HCM software providers don’t surface pricing online. However, most charge on a per-employee per-month basis, so smaller businesses will pay significantly less than larger enterprises.

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Alan Bradley

BLUEPRINT

Alan is an experienced culture and tech writer with a background in newspaper reporting. His work has appeared in Rolling Stone, Paste Magazine, The Escapist, PC Mag, PC Gamer, and a multitude of other outlets. He has over twenty years of experience as a journalist and editor and is the author of the urban fantasy novel The Sixth Borough.

Sierra Campbell is a small business editor for USA Today Blueprint. She specializes in writing, editing and fact-checking content centered around helping businesses. She has worked as a digital content and show producer for several local TV stations, an editor for U.S. News & World Report and a freelance writer and editor for many companies. Sierra prides herself in delivering accurate and up-to-date information to readers. Her expertise includes credit card processing companies, e-commerce platforms, payroll software, accounting software and virtual private networks (VPNs). She also owns Editing by Sierra, where she offers editing services to writers of all backgrounds, including self-published and traditionally published authors.