Top 10 Human Resource ERP Systems For Small Business

1. Applicant Tracking System

Applicant Tracking System (ATS) is a software specialized for the hiring process. It simplifies the process significantly while managing several tasks, such as storing job applicant data, posting job openings in various job posting sites, and screening applications for potential candidates. This reduces recruitment costs and saves a good amount of time.

2. Performance Management System

Performance management system boasts a set of tools that are used for evaluating employees’ performance. With the help of these tools, you can evaluate employee skills as well as set performance goals, and track their improvements by offering them needed pieces of training.

3. Onboarding management system

With the help of an onboarding management system, it is possible to streamline the process of introducing recruits to the company. Electronic signatures, employee questionnaires, training tracking, and other automated features are included in this system. These systems ensure that the new employees are being provided with unmatched onboarding experience through the HR department.

4. Human Resources Information System (HRIS)

Human Resources Information System (HRIS) offers several HR functionalities in one place, which may include recruiting, tracking applicants, storing employee data and employee profiles, managing legal and regulatory requirements, tracking applicants, etc.

5. Employee engagement

An employment engagement management platform is used to improve the engagement that takes place within an organization. It can be individual engagement as well as team engagement, which is easily achieved through analytics, coaching, and feedback systems.

Thus, you need to select your HR ERP systems carefully based on the requirements of your company. Most companies prefer settling for centralized HR ERP systems that include the functionalities of the above-mentioned solutions. Settling for an all-in-one solution is certainly a smart move to save expenses.

10 best HR ERP systems for small businesses

In this section of the article, we will present a list of the 10 best HR ERP systems that can be afforded by small businesses. The list will be presented in a descending manner. Hence, keep reading the article to know which solution has gained the top spot in this list.

10. ADP Workforce Now

The 10^th position on this list of 10 best HR ERP systems has been claimed by ADP Workforce Now. The features offered by this software include payroll management, talent management, time management, benchmarking, compliance management, and so on. Advanced analytics and reporting feature is one of the USPs of the solution. The custom pricing option makes the solution a great choice for small and mid-sized companies.

9. Paychex

If you have a remote workforce, then Paychex is one of the most appropriate HR ERP systems for you. Paychex offers core HR features within a single interface. You can operate multiple processes seamlessly with ease through this software. The custom pricing structure makes the entire solution even more accessible to small businesses.

8. Rippling

Rippling is one of the HR ERP systems to be known for being easy to use. All the operations in Rippling have been enriched with effectiveness and efficiency. You can manage employee experience with the help of this software as well. Some of the advanced features of this software include transition automation, analytics, PEO services, and many more. The pricing of this software starts at only $8 per user.

7. BambooHR

If you are looking for HR SaaS software, then BambooHR is the ideal one for you. It is also one of the most ideal systems for small and medium-sized businesses. The convenient mobile application that it offers to the users is one of the best parts of using this BambooHR. The custom pricing feature of the software makes it even better and a more suitable choice for small businesses.

6. Oyster HR

Oyster HR is one of the most high-profile HR ERP systems that is used by companies like Bumble and Quora. This software offers day-to-day workflow management, feedback features, absence and attendance management, and many more features. The pricing of this software is on the expensive side, but it is worth every penny.

5. Deel

Deel is one of the HR ERP systems that can be used as a resource management tool as well. It is capable of aiding more than 15,000 teams without any difficulties. It is also capable of organizing workloads regarding HR tasks facilitating better control for the users. The best thing about this software is that it offers a free plan for companies of up to 200 employees, which is certainly advantageous for small businesses.

4. Multiplier

Multiplier is known for its user-friendly interface, which offers ease of use to HR managers. It also allows the managers to proceed with job postings without having to leave the software interface. The software is programmed in a way that facilitates the entire hiring process seamlessly, which certainly initiates better workflow within the organization.

Multiplier also generates contracts fitting the laws and regulations of each country and boasts an effective compliance management functionality. The document management feature is another factor to take into consideration. Additionally, Multiplier offers payroll services in 120 currencies.

3. Remofirst

Remofirst is an EOR solution that is offered as a cloud-based platform. It is one of those HR ERP systems that offer A to Z functionalities related to Human Resources. Starting from attendance management to job descriptions, everything can be streamlined through this Remofirst.

Remofirst calculates the cost of employment, manages onboarding, and takes care of all the legal compliances and admin work. Along with 24*7 customer service, it becomes one of the most efficient HR ERP systems that can be chosen.

2. Papaya Global

Papaya Global is considered the best solution when it comes to managing payrolls. Unlike most of the HR ERP systems, it boasts some of the robust key functions that can also be used as self-service tools. Some of the most effective self-service tools include budget tracking, AI engines, smart compliance engines, etc.

The pricing structure of this software includes several tiers, and the prices start from as low as $3 per user. By providing a number of pricing options, Papaya Global makes it easy for customers to choose the one that suits their business the most. And that is what makes it one of the most preferred HR ERP systems in the market.

1. Monday.com

Monday.com is one of the most preferred HR ERP systems because it offers an open platform to build custom solutions for the HR-related needs of HR managers. Engaging and efficient core HR functions, a clean UI, and a simple navigation system make it easy for users to get their work done without having to face many issues.

The HR managers can track the recruitment process as well as the onboarding process that is going on in the organization. Monday.com offers you pre-made templates along with Gmail integration to manage an unmatched workflow. However, the best thing about this software is its pricing structure. There is a free plan which allows 2 seats for free. The basic plan only requires €8 per user, which is billed annually. Hence, if your company is small-scale and you have a tight budget, Monday.com is for you.

Conclusion

Budget is a big factor when it comes to small businesses. Choosing the right HR ERP systems while keeping consideration of the expenses is what should be done before opting for one software. All of the software that is listed in this article can be easily afforded by small-sized businesses. Some of the mentioned software offers custom pricing. Hence, the companies only have to pay for the services they choose, which is certainly very cost-effective. However, the ultimate choice depends on you and the requirements your company has.