10+ HR Software for Midsize Companies to Enhance HR Management

best hr software for midsize companies

HR software solutions are becoming an integral need for mid sized businesses. That is why, knowing the best HR software for midsize companies boosts the chances of purchasing the right solution.  

Here, we will take a close look at the 10 most effective and best HR software for midsize companies that can enhance their HR management practices. So, let’s dive in. 

Understanding HR tools for medium-sized businesses

Throughout the entire employee lifecycle, utilizing HR software solutions helps expedite and improve the processes. The best HR software for midsize companies, is generally characterized by 

  • a revenue between $10 million and $1 billion.
  • employee base between 50 and 250 employees (in the US, it could be up to 1000)

need proper implementation. This helps to manage various aspects of human resources efficiently. 

HR solutions for growing businesses streamline day-to-day management tasks, enabling HR teams to handle strategic responsibilities more effectively. 

These HR duties are generally:

  • Recruitment
  • Employee Data Management
  • Learning & Development
  • Performance Appraisal
  • Employee Engagement
  • Leave & Attendance Management, etc. 

By using these HR tools appropriately, medium-sized businesses can improve HR processes, improve employee satisfaction, and ensure compliance, ultimately driving organizational success and facilitating sustained growth.

Best HR Software for Midsize Companies in 2024

Rippling

This HR software for medium-sized businesses offers solutions that can involve up to 2000 employees. It is a fine pick for SMBs that are growing and expanding. 

With this tool, you get features like an ATS, full payroll management, benefits administration, learning management, time tracking, and professional employer organization (PEO) services.

Features:

  • With the backing of its HR Cloud, Rippling ensures  robust applicant tracking for job postings, effective online onboarding and document storage. 
  • It is easy to navigate compared to other legacy platforms.
  • Using the Rippling app on a tablet, mobile app or on computer browsers, employees can clock in and out, and the HR person can review and approve hours. It syncs well with payroll, too. 
  • You can enjoy robust analytics and reporting, though the dashboard might require a steep learning curve. 

List of Major Integrations:

  • Google Workspace
  • Slack
  • GitHub
  • Asana
  • Zoom
  • Dropbox
  • Microsoft 365
  • Grammarly Business

Pricing Packages:

For pricing quotes, you would need to contact their sales team. While most Rippling products are billed on a simple per-employee, per-month basis, some may be charged at (or include) a monthly base fee.

However, you can view and analyze the package and plan components to make a better assessment of what you need for your business. 

BambooHR

BambooHR is an all-in-one solution designed to meet the HR needs of small to mid-sized businesses. It integrates and manages an employee’s lifecycle, from hiring and onboarding to payroll, benefits, and offboarding. The software is user-friendly, equipped with numerous built-in templates, and features well-organized, visually appealing workflows.

While it may initially seem overwhelming, navigating through its main features becomes straightforward as the system guides you through each step, presenting HR-related information in an easy-to-understand manner. 

Features:

  • BambooHR’s automated approval systems help you and your team members make quicker and smoother decisions. It allows you to make a set of action steps for things such as promotions, time off requests and more.
  • The software’s Employee Performance Report displays your workforce on a grid. This helps managers analyze, identify, and reward high performers as well as identify and address potential performance issues.
  • It offers tools to help measure employee satisfaction, gather feedback, and reach performance goalposts.

List of Major Integrations:

  • Slack
  • Google
  • Microsoft
  • JazzHR
  • Workable
  • Chekr
  • Deel
  • Ease

Pricing Packages:

BambooHR pricing varies depending on the number of employees at your organization and the features you select. To get a free price quote, call 1-866-387-9595 or visit their pricing page

Paycor

Paycor is a great tool for team building and team collaboration. Paycor’s human capital management (HCM) platform streamlines every aspect of HRM, be it recruiting, onboarding and payroll or career development and retention.

The Paycor platform is intuitive and straightforward. You can set up your dashboard the way you like it so that you always have quick access to the information you use most. That’s why more than 29,000 customers trust Paycor to help them solve problems and achieve their goals.

Features:

  • You can get instant insights into your workforce with Paycor’s AI assistant. It provides you immediate answers in natural language to workforce management questions with no training required.
  • Paycor Smart Sourcing taps into job boards and databases to find and contact the best candidates for every role.
  • Paycor’s Compensation Management solution reduces your workload and expedites decision-making via automating manual tasks and streamlining merit, bonus, and equity cycles.
  • Paycor Workers’ Compensation allows you to automate insurance payments based on payroll and eliminate large down payments and end-of-year surprises.

List of Major Integrations:

  • Tapcheck
  • RapidOnDemand
  • Sterling
  • Mitratech Background Screening
  • Techmate
  • BlueStar
  • Demars
  • PuzzleHR
  • iCIMS  

Pricing Packages:

As a midsize firm, go over Paycor Plans | Medium-sized Businesses and contact their sales. 

ADP

ADP Workforce Now is a complete HR solution that covers everything from payroll, benefits and HR to recruiting, onboarding, performance and learning. Workforce Now can be used by any company but suits the midsized firms best. 

ADP is known for their strengths around payroll and tax filing, and also provides expertise to support virtually any business scenario. ADP also has a unique outsourced service, called Comp Services, that allows companies to put their payroll processing and benefits management on auto-pilot.

Features:

  • Offers customized payroll options that meet your company manpower size. 
  • With one click, add a new employee with data pulled directly from your applicant-tracking system.
  • Our 2,500+ compliance and support specialists work real-time to stay on top of local and state regulations and help with federal and global payroll and tax regulations,
  • Flexible and mobile time collection. In addition, employees can try Time-off requests and processing.

Pricing Packages:

Get Pricing by answering some questions for the sales team.  

Paycom

Paycom offers a unified platform for managing HR and payroll data. Its single database houses all tools in one software, allowing employees to access and manage their information from one location without needing multiple systems or logins.

Additionally, Paycom’s single-database architecture consolidates all of these tools into one system, simplifying access for both employers and employees. With everything centralized, employees can easily manage their data through the self-service app without navigating multiple platforms or juggling different logins. 

Features

  • With the Everyday wage access tool, employees can access their earned wages immediately, without waiting for the next payday.
  • It offers built-in courses, subscription-based content, and tools to create custom courses, ensuring compliance and promoting employee development.
  • The Employee-Managed Payroll lets employees control the accuracy and timeliness of their paychecks, ensuring transparency and reducing payroll errors.
  • Built-in background screening ensures fast and compliant employee verification without needing external integrations.

List of Major Integrations:
N/A 

Pricing Packages:

You will need to set up a meeting for a Payroll & HR Software Demo | Paycom for pricing and purchase details.  

Namely

Launched in 2012, Namely is a platform that offers solutions for HR, payroll, benefits, and talent management. It caters to over 1,200 mid-sized businesses.. The basic plan includes essentials like a company news feed, employee directory, task management, and more. 

Namely also provides an employee portal, along with analytics and reporting features as part of its core offerings. For more comprehensive needs, the HR Complete plan adds advanced capabilities like payroll processing, benefits administration, compliance guidance, and recruiting tools.

Features

  • The performance management system tracks company goals, objectives, and performance reviews. It helps align employee goals with organizational objectives, driving improvements in overall performance.
  • The HRIS offers a comprehensive employee database, storing personal details, job information, attendance records, performance reviews, and benefits data. HR professionals can also access a company directory with employee information, job titles, and office locations.
  • Namely simplifies the management of employee benefits, including health insurance, retirement plans, and other perks. It allows HR teams to set up benefits plans, oversee enrollments, and monitor employee usage.
  • The time-off management system allows employees to request leave and managers to approve or deny requests. It also tracks vacation days, sick leave, and other absences for a streamlined process.

List of Major Integrations

  • Workable
  • JazzHR
  • LinkedIn TalentHub
  • Oracle Netsuite
  • Adobe Acrobat Sign
  • Bettercloud
  • SAP Litmos
  • Replicon
  • Zapier

Pricing Packages:

The pricing starts at $9 per employee per month and increases with other enhanced packages and features. You can get a free demon by visiting the page. 

Paylocity

Paylocity is a comprehensive platform designed to meet the needs of HR teams, employees, and managers. It’s best for enhancing employee engagement at SMEs, in addition to payroll management. It offers a robust suite of tools with flexible solutions help you tackle your biggest HR issues in:

  • Benefits Administration
  • Time and Attendance Tracking
  • Employee Scheduling
  • Automated HR Workflows
  • Document Management
  • Employee Self-Service Portal
  • Talent Acquisition and Management Tools, etc. 

Features

  • Paylocity’s collection of dynamic performance management features facilitates frequent communication between managers and their employees.
  • It delivers a payroll solution that ensures compliance for both domestic and global workforces, while also offering on-demand wage access.
  • It includes features for tracking time and attendance, collecting time data, and managing employee schedules. Regardless of the method of time collection, employees are automatically notified on their mobile devices if they forget to clock in or out.
  • Paylocity offers a branded career site builder, providing candidates with a seamless and consistent brand experience right from the start.

List of Major Integrations

  • Microsoft Dynamics
  • ZayZoon
  • Salary.com
  • Accushield
  • Atlasian
  • Basic
  • Decisely
  • engagedly   

Pricing Packages:

It offers flexible pricing plans and features customizable to your needs upon discussion.

Gusto

Gusto is an online payroll and HR platform designed to simplify payroll processing and benefits management for startups and small businesses. Gusto handles payroll for both employees and contractors and manages employee benefits such as health insurance, retirement plans, and more. 

The HR software solution offers additional features like automated charitable donations and a digital wallet, giving employees greater control over their finances.

All Gusto accounts offer automated or manual payroll for employees and contractors, employee or contractor self-service profiles, the option for two- or four-day direct deposit, employee onboarding and benefits administration. 

List of Major Integrations:

  • Accelo
  • 7Shifts
  • Ardius
  • BreezyHR
  • Carta
  • Clickup
  • Google Workspace
  • HubSpot
  • Lattice
  • Microsoft 365

Pricing Packages:

For midsize business, two packages are best: one is at $40/month plus $6/month per person and another is $60/month plus $9 per person. Find out more about the packages

Paychex Flex

Paychex Flex is a more simplified payroll solution designed for SMBs. In contrast, there is a more complex Paychex platform used by larger enterprises. It provides essential payroll services tailored to the needs of small businesses, ensuring ease of use and efficiency.

Paychex Flex offers simplified payroll processing and tax filing, making it ideal for small-medium businesses that do not require extensive HR tools.

You can also add features such as time tracking and benefits administration to help meet your specific business needs. Benefits administration is available as an add-on, providing flexibility for businesses to manage employee benefits through the Paychex platform.

Features:

  • Streamline processing and automate tax payments with a tailored payroll solution, boosting employee engagement, efficiency, and scalability.
  • Track performance, analyze pay grades, and offer 24/7 learning access to retain talent long-term.
  • Manage recruitment, screening, and onboarding with Paychex Flex® to reduce paperwork and set new hires up for success.
  • A robust benefits package, including retirement and medical coverage, aids in retaining employees while reducing taxes and administrative costs.

List of Major Integrations:

  • Ashby
  • 7Shifts
  • Beekeeper
  • Bullhorn
  • TimeTracker
  • Greenhouse
  • Microsoft Azure
  • Oracle ERP Cloud
  • SAP
  • Workday 

Pricing Packages:
Depending on your company size and module requirements, you can get quotes for pricing.

Zoho People

Zoho People is an online HR Management System for managing employee data with key functions like time tracking, onboarding, and scheduling. It’s highly customizable to streamline HR processes, allowing HR Managers to set up workflows for efficient task handling or delegate tasks. 

The system minimizes repetitive data entry through document templates and automatic field updates, keeping records organized. Its scheduler can generate and send emails and reports automatically to the appropriate recipients.

Features:

  • Offers performance management tools for peer reviews and setting personal goals. You can track performance, analyze pay grades, and offer 24/7 learning access to retain talent long-term.
  • Case management system for HR to handle employee inquiries and requests. Provides insights into turnover, hiring, attrition, and company growth.
  • Has a Learning Management System (LMS) for creating self-paced training plans with interactive content. Also, offers a customizable course builder with discussions and timed assessments.
  • Zoho People Plus offers additional features like expense management, collaboration, and password management.

List of Major Integrations:

  • greytHR
  • AdobeSign
  • Microsoft Teams
  • Quickbooks
  • Google Suite
  • Zapier
  • Microsoft
  • Vantage Circle  

Pricing Packages:
Pricing package for mid size firms is best with Professional which is US$2.0/user/month billed annually or Premium which is US$3.0/user/month billed annually. Check out more pricing packages for your needs. You will also get a 30-day trial period. 

Factors to Look For Before Purchasing the Software

Employee Data Accuracy and Safety

The solution that you purchase for your SMB business must keep your data safe. There are many laws across the world that protect employee data, so you should make sure the solution compliments it. 

Also, the data that you insert in the tool should be accurate and right. Managers use these data to make decisions about promotions, job confirmations, and even retention of an employee. Thus, authenticity of data is a must! 

Time & Attendance

As an HRIS for midsize companies, the solution should keep correct time and attendance data of the employees. This aspect presents a basic function of HRM, so you need it. 

The AI tool should enable you to insert all time and attendance-related data and provide comprehensive reports whenever you need them. For instance, you should be able to extract each in and out time of an employee in a day, week, and month, so that you can assess their punctuality and dedication to work. 

Payroll Management & Tax Filing

The solution should streamline payroll management and tax filing by automating complex processes, reducing errors, and ensuring compliance with regulatory requirements. The system must calculate wages, deductions, and bonuses with precision, while automatically adjusting for variables such as overtime, benefits, and local tax regulations. 

In addition, it should  also generate accurate payroll reports and handle direct deposits on time. 

For tax filing, the AI system must comply with the latest tax codes and ensure filing deadlines are followed, reducing the risk of penalties. By integrating payroll data with tax forms, it simplifies the preparation and submission of documents to tax authorities, helping the company stay compliant without the administrative burden.

Recruitment Process Integration

The best HR software for midsize companies should have ATS and hiring processes integrated. Recruitment is a crucial aspect of HR management and needs priority wherever it needs to be incorporated. 

From creating proper JDs to storing each assessment of a candidate’s journey in the process, the recruitment element needs to top-notch. 

User-friendly and data-driven dashboard

An AI-powered HR solution for a midsize company should offer a user-friendly and data-driven dashboard, providing real-time insights and simplifying decision-making. The intuitive interface must allow HR managers and employees to easily access key metrics, such as attendance, payroll, performance, and benefits. 

With customizable views, users should quickly find the data most relevant to their roles. Also, the dashboard needs to utilize data analytics to track trends, forecast workforce needs, and identify potential issues before they become problems.

Budget Friendliness

The software you purchase should be within your business’s affordability. As an SMB, you cannot spend too much on one tool or system as there are other aspects of the business to pay your bills for. 

However, whatever amount you prefer to spend, select a solution that meets and implements the important HR functions, especially payroll and attendance as well as recruitment. 

AI Integration

Your purchased solution should have AI integration.  By seamlessly integrating AI, the system can automate repetitive tasks like payroll processing, time tracking, and employee onboarding, freeing up HR staff to focus on more strategic initiatives. 

AI can also analyze large volumes of employee data to uncover trends, predict workforce needs, and recommend actions to improve retention and productivity. Furthermore, AI-driven chatbots can provide instant support to employees, answering common HR-related questions, and assisting with tasks like leave requests or benefits inquiries. 

Summing Up

We hope the top 10 HR software solutions for midsize firms will help you understand what aspects you need to look at to purchase the right tool. Remember, not all software solutions meet your requirements fully, so you need to weigh the pros and cons of the software according to your daily HR needs. 

For more HR knowledge and insights, visit yosuite.ai/blog


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