In the present-day knowledge economy, human capital or human resources is the most important resource for a company. Businesses, irrespective of the segment they operate in, need to nurture their human capital in order to grow and move up in the stiff competition.

This is why a lot of importance is given to human resource management, and to ensure the best management, companies are increasingly taking help from human capital management a.k.a. HCM software. The software has proven its effectiveness in hiring and retaining best talent across the board. So here are the five best HCM software in 2019 that businesses can rely on to manage their human resources.

1. BizMerlinHR

BizMerlinHR was founded in 2014 and is headquartered in Reston, Virginia. It is a SaaS-based HRMS that provides a robust and rich human resource management solution to employers across the globe for the management of their talent pool. Thousands of HR teams in different organizations use the BizMerlinHR software suite to manage their employees. The software offers a simple yet smart solution to handle the complex task of human resource management. It heavily uses artificial intelligence to manage the HR work and keeps the user at the forefront, no matter what the challenge.

Its comprehensive set of features take care of all HR related work beginning from hiring to retaining the hired talent till their retirement. The simple and intuitive interface maintains all the workforce data at a single place organized beautifully and available to various layers of management using fine grained security controls. The overall software is comprehensive, and buzzing with brilliant features from top to bottom. As an example, the inbuilt applicant tracking system allows the employer to reach out to ideal candidates with minimum efforts and manage the different vacancies in their organization in simple steps. BizMerlinHR makes it extremely easy for hiring managers to post jobs on their own website and third-party job boards, share the important details with the candidates and offer them a memorable experience as they apply for the different roles.

The complete employee records keep A to Z information about the workforce covering leaves, contracts, e-signatures, trainings, performance reviews, social feeds and everything else related to the employee. One can create thousands of employee profiles in seconds and also share the same with them, letting them update info where required. The easy onboarding feature ensures smooth induction of fresh talent in the team and the performance management tools help to monitor the performance with great precision.  The feedback, appraisal, review, skill enhancement, everything pertaining to performance is taken care of by the system. It keeps the employees satisfied and ensures regular skills enhancement.

The HR team can also use the software for advanced workforce planning and resource forecasting.  Using the embedded tools, one can plan training and workshops for the employees. All in all, BizMerlinHR is a robust software that is also flexible and totally open to customization. It integrates with more than 100 business apps including QuickBooks, Jira, ADP, Salesforce and more. One can tweak it to team up with other software and being responsive, it works on smartphone and computers with equal ease. So, one can log in to the system from any screen, at any time and track the workforce as and when needed. It is available through all the known browsers and native iOS and Android mobile apps.  If one is looking for a paperless and powerful solution that would cut the clutter and create a convenient HR management framework for the company then BizMerlinHR is the right solution in all regards.

A delight for HR professionals, it makes management of human capital a breeze and one can sail through the numerous tasks without any issues, ensuring perfection on every front. Fit for financial services institutions, banks, technology, education, real estate, beauty, wellness, retail, e-commerce, finance, non-profit and any other industry with the workforce to manage, it works well in every segment. The icing on the cake is its pricing. It is available on monthly as well as annual subscription plan and there is no contract or commitment involved. One can check the free demo before bringing it on board and thus, be sure of best results.

2. Workday

Workday was founded on a disruptive idea: to put people at the center of enterprise software. Now, over a decade later, they still deliver on that idea every day. Designed from scratch in partnership with their customers, Workday Human Resource Management meets all your enterprise human capital management needs in one system.

Workday comes with all the necessary features that are needed to handle recruitment, reporting and Analytics, Global Compliance, Audit and Internal Controls, Workforce Planning, Talent Management, Payroll Management, Expenses, and other aspects. Workday is a full-fledged HCM software that would keep one on the forefront of human resource management.


3. BambooHR

Founded in 2008 in Lindon, Utah, BambooHR is a leading HCM software that comes with a large and impressive client list that includes names such as Change.org, Jane, Second Genome, ZipRecruiter, and many more. It has more than 13,000 customers spread across the globe and offers an army of features tailor-made to treat HR management tasks with accuracy. It has a simple dashboard to regulate the employees, performance, salary, and other details. The centralized database makes everything available at the fingertips, and it becomes easy to track the workforce. It is also helpful in recruitment and oversees every detail, making the whole process a cakewalk.

BambooHR is totally into people management and thus provides the best tools and insights to improve the workforce. True to its motto — "HR with heart" — the software places human resource above all else, and if one wants to make sure one's people are getting managed in the most competent manner, then one must say yes to the solution. The free trial is available to get a preview, and if one has any doubts, one can contact the dedicated support team to resolve any query. Affordable and efficient, BambooHR provides the perfect HR management module to make the most of the human capital.

4. UltiPro

Founded in 1990, Ultimate Software is headquartered in Weston, Florida and offers a handsome and wholesome HCM software in the form of UltiPro. It has been developed as a unified, end-to-end HCM cloud solution to improve the personal experience of the people working in an organization. The software has proven its mettle across companies with names such as Bloomin' Brands, Culligan International, Feeding America, Red Roof Inn, SUBWAY, and Texas Roadhouse as its clients.

Today, it stands tall among the bevy of HCM solutions, courtesy of its user-friendly features and powerful performance. Its simple interface is a child's play and makes task management a treat. One can upload details, edit info, assign tasks, share files, and do much more. It gives the users the best platform to keep an eye on the employees and engage them for the betterment of the company as well as their own. It also makes use of artificial intelligence for HR management and thus automates the important tasks, leaving the HR team to focus on employees. It tracks recruitment, engagement, and retirement through a host of tools. Priced at a pocket-friendly rate, the software is easily a reliable and rich solution that would give best results, and that too at one's own terms and conditions.

5. Kronos Workforce Ready

With a journey dating as back as 1977, Kronos Workforce Ready is well-known workforce management and human capital management cloud solution with headquarters in Lowell, Massachusetts. Over 40 million people in more than 100 countries use Kronos every day, and it continues to grow taller in stature with each passing day. This HCM software offers industry-centric workforce applications, and its innovative features ensure complete HR management across the sectors. It takes care of time and attendance, scheduling, absence management, HR and payroll, hiring, talent management, labor analytics, and mobile solutions.

Being flexible, it easily integrates with third-party apps and is compatible with customization, letting the user tweak tools without any hassle. The software is also responsive and thus works on all screen sizes, letting the user access the dashboard anytime, anywhere. It fosters trust and transparency between the management and the men. It has everything to deal with the evolving HR universe. So if one is in search of an HCM solution that would cater to the special requirements of workforce management in a specific company, then Kronos fits the bill completely. Efficient and affordable, it is unique and universal at the same time and thus best for modern-day offices and workforce.

ⓒ This sponsored article was created by Techtimes. Learn more about partnering with TechTmes.
* This is a contributed article and this content does not necessarily represent the views of techtimes.com
Join the Discussion