What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in core hr software category. Our data sources in core hr software category include;
Core human resource (HR) software, or as human capital management (HCM) software, help businesses manage their administrative HR tasks through a centralized system. Core HR software generally provide the following capabilities:
To be categorized core HR software, a product must:
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calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in core hr software category. Our data sources in core hr software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Rippling
BambooHR
Paylocity
APS Payroll Solution
greytHR
Taking into account the latest metrics outlined below, these are the current core hr software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Rippling
BambooHR
Paylocity
APS Payroll Solution
Paycom
These are the number of queries on search engines which include the brand name of the solution. Compared to other People / HR categories, Core HR Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 100%, 24% more than the average of search queries in this area.
1,229 employees work for a typical company in this solution category which is 1,208 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 9 companies with >10 employees are offering core hr software. Top 3 products are developed by companies with a total of 8k employees. The largest company building core hr software is Paylocity with more than 3,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Rippling
BambooHR
greytHR
Paylocity
APS Payroll Solution
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Core HR Software companies. The most positive word describing Core HR Software is “Easy to use” that is used in 11% of the reviews. The most negative one is “Difficult” with which is used in 2.00% of all the Core HR Software reviews.
According to customer reviews, most common company size for core hr software customers is 51-1,000 employees. Customers with 51-1,000 employees make up 59% of core hr software customers. For an average People / HR solution, customers with 51-1,000 employees make up 31% of total customers.
These scores are the average scores collected from customer reviews for all Core HR Software. Core HR Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".