The BFSI vertical deals with financial data. The economic changes significantly affect this vertical. Employees in this vertical are under continuous pressure to meet the daily or monthly targets and stay up-to-date with the financial trends. Financial bodies ensure that employees undergo rigorous training and learning to understand the working of the current financial instruments. Therefore, advanced technologies, and various software and solutions can help this vertical prioritize its actions and manage its workforce smoothly. Hence, the BFSI vertical is a major contributor to the HCM market.

Human Capital Management Software in BFSI Quadrant

Comparing 25 vendors in Human Capital Management Software across 175 criteria.

Find the best Human Capital Management Software solution for your business, using ratings and reviews from buyers, analysts, vendors and industry experts

EVALUATION CRITERIA

Below criteria are most commonly used for comparing Human Capital Management Software tools.
  • Breadth and Depth of Product Offerings
    • Product Ratings
    • Services
      • Core HR
      • Workfotce Management
      • Sourcing and Recruiting
      • Applicant Tracking System
      • Staffing Vendor Management
      • Others, please specify
    • Number of Customers Catered
      • Small and Medium Enterprise Businesses
      • Large Enterprises
  • Product Features and Functionality
    • Product Features
      • IoT
      • Cloud
      • Mobile Platform(OS)
      • Others
  • Focus on Product Innovation
  • Product Differentiation and Impact on Customer Value
  • Support and Services
    • Level of Support
    • Support Services
      • Technical Support
      • Customer Support
      • Sales support
      • Other Support
    • Pre Sales Support
      • Software Requirement Specification (SRS)
      • Product Demos
      • Proof of Concept
      • Dedicated Account Manager (DAM)
    • Channel for Delivery of Support Services
      • On-Site Support
      • Remote Support
  • Scalability
    • End Users
    • Number of Customers Catered
  • Delivery
    • End Users
      • BFSI
      • Telecom & IT
      • Retail
      • Government & Public Sector
      • Healthcare
      • Manufacturing
      • Energy & Utilities
      • Other End users
    • Deployment Model
      • Private
      • Public
    • Delivery Models
      • Directly
      • Through Partners / Third-Party Vendors

TOP VENDORS

    • Enterprise
    • Roseland, New Jersey, United States
    • $10BN to $50BN
    • 50,001 to 75,000
    • Startup
    • Shreveport, Louisiana, US
    • Founded: 1996
    • Below $10 MN
    • 101 to 500
    • Startup
    • Founded: 1980
    • $11MN to $50MN
    • 51 to 100
    • Enterprise
    • 501 to 1,000
  • #

    The company offers products, such as Dayforce HCM, Dayforce Global Solutions, Small Business Payroll, and HR. Ceridian also offers a wide range of services, including business intelligence (for use with Ceridian HR and payroll), payment solutions, payroll tax filing, print and image services, and wage garnishment distribution services.

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    • Enterprise
    • 501 to 1,000
    • Enterprise
    • Ballincollig, County Cork, Ireland
    • Founded: 1982
  • #

    The company provides solutions via implementing suites for recruiting, learning, performance management, and human resource. Cornerstone solutions are dynamic and highly scalable and already support 43 languages out of the box. Cornerstone also deploys their solutions as a pure SaaS, which allows its clients to stay updated with the latest version of implemented software. SaaS not only helps the customers to stay updated but also allows them to access their data anytime, anywhere, and on any device.

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    • SME
    • Santa Monica, California, US
    • Founded: 1999
    • $101MN to $500MN
    • 1,001 to 5,000
  • #

    EmployWise provides diversified solutions in training and development, compensation and benefits, performance assessment and a new role, and separation space to its clients. Along with these HR software offerings, it also provides solutions for the recruitment stage, onboarding and induction, leaves and attendance, timesheets, and travel and expenses.

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    • Startup
    • Founded: 1999
    • Below $10 MN
    • 51 to 100
    • Enterprise
    • 501 to 1,000
  • #

    IBM provides unified talent management and ERP, and automation of HR services. IBM talent management has a global presence with highly skilled professionals who ensure the benefits by providing access to localized services in various countries and languages. IBM HR services support cloud SaaS applications. IBM talent management includes IBM HR outsourcing, HR services for cloud applications, IBM Kenexa employment branding, IBM recruitment process outsourcing, and IBM learning solutions.

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    • Enterprise
    • 1 to 50
  • #

    The company provides HCM as a solution, which includes CloudSuite HCM, workforce management, global HR, learning management, talent management, HR service delivery, and talent science. Infor has implemented cloud deployment to all of its tools allowing vendors to easily extend the solution to new sites around the globe.

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    • Enterprise
    • Founded: 2009
    • $1BN to $5BN
    • 15,001 to 20,000
  • #

    Kronos has emphasized understanding and analyzing the market needs pertaining to HCM in order to develop its products. The company has developed a strong product portfolio to cater to HCM, workforce management, and labor laws and issues. Kronos offers services that empower organizations to improve human resource management, analytics, and to meet relevant compliances.

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    • Enterprise
    • Lowell, Massachusetts, US
    • Founded: 1977
    • $1BN to $5BN
    • 1,001 to 5,000
    • Startup
    • New York City, New York, US
    • Founded: 2012
    • Below $10 MN
    • 1,00,001 to 5,00,000
  • #

    Oracle offers a diversified portfolio of solutions under its HCM portfolio. Under its HCM solutions, the company offers global HR, talent management, workforce rewards, workforce management, work-life relations, and others. It has also developed global HCM solutions, enabling enterprises to have a single policy across various departments of an enterprise. With features such as predictive analytics, collaboration tools, and interactive organizational charts, Oracle has helped HCM over the globe to transform its business operations from a conventional paper-based approach to the adoption of new technologies.

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    • Enterprise
    • California, USA
    • Founded: 1977
    • $10BN to $50BN
    • 1,00,001 to 5,00,000
  • #

    Paycom offers a complete suite of HR solutions confined in a single database by eliminating redundancy and integrating several solutions, such as payroll, talent acquisition, time and labor management, talent management, and HR management. Paycom also offers HR and payroll calendar, which reminds employees about the holidays and compliance deadlines, and it is downloadable in Outlook, iCal, and Gmail Calendar. This single solution helps businesses to integrate and streamline their employee lifecycle management from recruitment to retirement process.

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    • Enterprise
    • 501 to 1,000
    • Enterprise
    • 501 to 1,000
    • SME
    • Cambridge, Massachusetts, US
    • Founded: 1999
    • $51MN to $100MN
    • 101 to 500
  • #

    SAP SE offers various HCM products, such as core human resources and payroll, learning and development, performance and compensation, recruiting and onboarding, time and attendance management, workforce planning and analytics, and others. This product helps companies to integrate with human resource management and other functions that enhance the business efficiency and infrastructure management. SAP SE is also one of the major players in HCM and offers payroll, benefits, and learning management to the HR software market with competitive features.

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    • Enterprise
    • Walldorf, Germany
    • Founded: 1972
    • More than $100 BN
    • 501 to 1,000
  • #

    SumTotal's offerings are mainly categorized into elixHR, Learn, Talent, and Work and cater its solutions to all sizes of organization. SumTotal’s elixHR enables the organizations to access the required data and resources, whenever required to fill or resolve the skill gaps and improve the individual’s performance. SumTotal Work offers workforce management, payroll, benefits, and expense management to maximize productivity, reduce risk by eliminating errors and redundant work, and ensure compliance to increase the profit.

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    • SME
    • Gainesville, Florida, US
    • Founded: 1985
    • $101MN to $500MN
    • 1,001 to 5,000
  • #

    Workday has a prominent place in the HCM space and has its offerings in human resource management, workforce planning, talent management, learning management, compensation management, benefits management, and payroll management software. The enterprise software tools offer powerful analytics and visualization capabilities, but only trained employees are able to get the full benefit of the software’s capabilities.

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    • Enterprise
    • Pleasanton, California, US
    • Founded: 2005
    • $1BN to $5BN
    • 5,001 to 10,000
    • SME
    • San Francisco, California, US
    • Founded: 2013
    • $101MN to $500MN
    • 501 to 1,000

TOP REVIEWS

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