8 mins read
Managing HR in a SaaS company can be complex, especially as your team grows. Handling hiring, onboarding, payroll, and compliance across different regions can quickly become overwhelming.
The good news? There are powerful HR software solutions designed to tackle these challenges.
In this article, we'll give you an overview of the different types of** HR software** available on the market and highlight some of the top options that can simplify your operations.
SaaS HR software is a digital solution that is designed to assist SaaS HR professionals with the daily human resources tasks and overall HR goals of an organization.
It covers key functions such as hiring, employee data management, payroll processing, performance tracking, regulatory compliance, and more.
When exploring HR software for your SaaS business, it's important to understand the different types of HR software available in the market. Typically, it falls into three main categories:
Human Resource Information Systems (HRIS): They focus on storing and managing essential employee data.
Human Resource Management Systems (HRMS): This expands on HRIS with additional functions, like recruitment and performance management.
Human Capital Management (HCM) Systems: Provides a more strategic approach to managing talent, workforce planning, and development.
In addition to these comprehensive systems, there is some HR software which focuses on specific HR tasks.
Below are some of the best HR software options designed to simplify your HR tasks:
Type: Human Capital Management (HCM)
Rippling is an HR platform that integrates all aspects of employee management in one place. It simplifies the recruitment and onboarding experience by allowing employers to post jobs, conduct background checks, send offer letters, gather required documents, and create employee profiles.
Moreover, the platform supports payroll processing, tracks time and attendance, facilitates recruitment, manages performance, and handles benefit administration.
Key features:
Unified workforce directory to centralize employee information and ensure accurate data synchronization across HR, IT, and finance systems
US and global payroll features such as paperless tax filing and multiple pay rates to efficiently manage payroll across different countries and tax jurisdictions.
Benefits administration features like new hire benefits enrollment and third-party broker support to automate enrollment and improve benefits accessibility.
Recruitment features like a branded career page and two-way scheduling to smoothen the hiring process and improve candidate experience.
Performance management features like development plans and structured conversation templates support continuous performance improvement and employee engagement.
Pricing: Custom pricing.
Type: Human Resource Information Systems (HRIS)
BambooHR is designed to easily manage employee data, process time-off requests, and track performance all in one place.
With its automation capabilities, HR tasks, like payroll processing, are done much faster and with way fewer chances for mistakes that can happen when doing things manually.
Key features:
Employee records to store personal details, payment information, and custom data in one secure database.
Candidate records to track job applications, interviews, and messages in one system.
360° review cycles to gather feedback from peers, managers, and employees for better performance reviews.
Ask BambooHR to quickly answer HR questions and help employees with company policies.
Multi-rate payroll to simplify pay calculations for employees with multiple roles
Pricing: Custom pricing
Type: Human Resource Management Systems (HRMS)
If you're looking for complete HR software at a reasonable price, try Keka. The tool is user-friendly and has a straightforward interface - which means you can easily handle everything from payroll to performance management.
Plus, with Keka's CoreHR, employee data can be quickly updated, and any changes are automatically reflected across all areas. This reduces mistakes from duplicate or outdated info and lets HR teams focus on more important tasks.
Key features:
Interactive employee profile to manage personal data and improve information flow.
Asset Tracking to efficiently track and manage company assets, particularly during onboarding and exit processes.
Flexible pay schedule to offer employees the option of on-demand, weekly, bi-weekly, or monthly pay periods.
Performance improvement plans to address and enhance employee performance with structured development.
Time Tracking System to track attendance using features like gamification, GPS and selfie clock-ins
Pricing:
| Plan | Pricing (INR) | Pricing(USD) |
|---|---|---|
| Foundation | ₹9,999/month (100 users) | $115 /month (100 users) |
| Strength | ₹12,999/month (100 users) | $149 /month (100 users) |
| Growth | ₹15,999/month (100 users) | $183 /month (100 users) |
Type: Applicant tracking system
Greenhouse is the go-to platform for businesses looking to make their recruitment process fair and purposeful. The platform offers customizable scorecards that standardize the evaluations and ensure consistency in candidate assessments.
The platform also has built-in reminders to help reduce unconscious bias and promote inclusion during selection.
Key features:
Automated outreach to engage talent with personalized and scalable campaigns.
Branded career pages to highlight your employer's brand and company culture
Internal job board to promote career growth and support internal mobility
Interview kits to equip interviewers with structured guides and candidate scorecards.
Recruiting analytics to generate reports on candidates, sources, jobs, and more.
Pricing: Custom Pricing
Type: Applicant tracking system
Workable delivers an impressive set of hiring features that significantly reduce the administrative burden on HR teams, with an additional focus on HRIS functionality.
It provides all the core functionalities expected from an applicant tracking system (ATS), such as sourcing, collaboration, and candidate management.
However, where Workable truly sets itself apart is with its HRIS features. It provides a centralized onboarding portal where HR can set up role-specific templates, track onboarding progress through a dashboard, and use e-signature capabilities for document completion.
Key feature:
Talent CRM data to centralize candidate information and improve recruitment strategies.
AI-powered candidate recommendations feature provides personalized candidate suggestions from a vast pool of profiles based on job ads.
Self-service employee records to enable employees to update their personal information independently.
Employee time-off request feature to let employees submit and track time off using a calendar with manager approval.
Multi-level feedback management to gather insights from various stakeholders for comprehensive performance evaluation.
Pricing:
Workable pricing is primarily based on the number of full-time employees (FTEs) in your organization, with additional costs for premium features. It offers three pricing plans, including:
| Plan | Pricing |
|---|---|
| Starter | Starts at $249/month |
| Standard | Starts at $349 /month |
| Premier | Starts at $679/month |
Type: Performance management software
Lattice helps SaaS companies keep track of how employees are performing and how engaged they are. It has an easy-to-use design that makes performance reviews and goal-setting simple for both managers and teams.
Besides tracking performance, Lattice supports real-time feedback and encourages consistent communication across the company.
Key features:
Goals and OKRs Setting to help teams set clear goals and track their progress toward achieving them effectively.
Customizable Review Cycle to personalize performance reviews based on your company's preferences and timelines.
Performance Improvement Plans to create structured, actionable steps for employees needing support to improve their performance.
Real-time feedback management encourages continuous and immediate feedback, promoting growth and development among employees.
1:1 Meeting Management to facilitate structured and impactful one-on-one meetings for better communication and support.
Pricing:
| Plans | Pricing |
|---|---|
| Talent Management | $11 per seat/month |
| HRIS | $10 per seat/month |
Type: Payroll software
Handling a SaaS company's payroll and employee benefits can be challenging and time-consuming. Fortunately, Gusto is designed to ease that burden.
Gusto automatically handles your payroll taxes, making sure everything is filed correctly and on time, so you don't have to stress about compliance. It also lets you offer valuable employee benefits, like health insurance and retirement plans, which ultimately keep your team happy.
Key features:
Automated Taxes to automatically calculate, file, and pay federal, state, and local payroll taxes.
Payroll on Autopilot to set payroll to run automatically each pay period, simplifying payroll management.
New Hire Reporting to automatically report new hires to the government, ensuring compliance.
Gusto Debit Card to provide employees with easy access to their pay on payday through a debit card.
Contractor Payment to manage and pay contractors with ease, including issuing 1099s and tracking payments.
Pricing:
Gusto's pricing is based on the number of employees and the specific features your business needs. The platform has three main plans, including:
| Plan | Pricing |
|---|---|
| Simple | Starts at $49/month + $6 per employee |
| Plus | Starts at $60/month + $9 per employee |
| Premium | Starts at $135/month + $16.50 per employee |
Type: Benefits administration software
PlanSource is a technology company that specializes in automating and simplifying employee benefit programs.
It offers a complete suite of business administration features, including communication, enrollment, billing, compliance, and ongoing employee support.
Key features :
Benefit Record Management to organize and track employee benefits information with accuracy.
Benefits Reporting to generate customizable reports on key metrics and benefits administration.
IQ Suite, which uses AI and machine learning to recommend personalized benefits,
Employee Contact Center to offer dedicated support for employees' benefits-related inquiries.
Eligibility Management to oversee and enforce eligibility changes automatically, triggered by factors like waiting periods, coverage levels, and age.
Pricing: Custom pricing
HR software automates time-consuming tasks, improves data accuracy, ensures compliance, and boosts employee engagement.
HR software like Workable and Rippling helps automate the onboarding process by providing digital forms, tracking progress, and centralizing training materials.
Look for features like automated tax filing, multi-country payroll support, direct deposit, payroll reporting, and compliance management to ensure your payroll processes are efficient and error-free.
Yes, platforms like Rippling and Gusto offer global payroll and tax filing capabilities, ensuring compliance with international labour laws and enabling seamless HR management for global teams.
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