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Exploring 5 ideal Factorial alternatives to optimize your HR

Exploring 5 ideal Factorial alternatives to optimize your HR
Comparisons timer icon2024-05-03

Exploring 5 ideal Factorial alternatives to optimize your HR

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PeopleForce team

About 69% of companies are using integrated systems to study workforce data. 

One of the most popular tools for this purpose is Factorial—a cloud-based HR software that helps businesses manage HR tasks more efficiently.

However, some users might find it too complicated or not customizable enough. 

If you’re curious about its performance, we'll give you all the answers in our detailed review of Factorial and its five best alternatives. Discover the key features, pricing and user ratings for each. 

This way, you’ll be able to compare them easily and pick the one that works best for you.

What is Factorial?

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Factorial is an integrated HR software solution that automates HR processes like time off management, talent recruitment, payroll and performance reviews.

It combines HCM, HRIS and HRMS features to automate tasks and make the HR department work better for everyone. 

With its mobile app, employees can check pay stubs, ask for time off and keep up with the latest company updates. 

Key features

  • Centralized HRIS platform: Streamlines all HR operations in a single system.
  • Time and talent management: Organizes work hours, shifts scheduling, recruiting, onboarding and goal-setting.
  • Performance reviews: Evaluates employee performance and gathers insights for growth.
  • Document and expense management: Stores and handles documents and expenses within the system.
  • Employee scheduling: Helps assign shifts to your team based on employee availability.
  • Automatic HR processes: Handles leave requests, time tracking, paperwork, reports, hiring, performance assessments, payroll and expenses.
  • Payroll management: Improves payroll efficiency, reducing errors and automating tasks.
  • Integrations: Connects with different tools like Outlook, Zapier, Join, Gmail and Primavera.

User rating

  • Capterra: 4.5
  • G2: 4.5

Overall, users like Factorial's easy-to-use dashboard and helpful features such as simple onboarding and accurate time tracking. 

However, a few say customer service can be slow, and there are occasional glitches in the mobile app.

Pricing

Business Plan

Enterprise plan

Operations Hub

$6.9/user/month

$9.35/user/month

Finance Hub

$5/user/month

$6.65/user/month

People Hub

$9.05/user/month

$10.7/user/month

5 best Factorial alternatives & competitors

PeopleForce

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PeopleForce is a top-notch HR solution that handles everything from talent management to time tracking and performance evaluation, fostering a great organizational culture. 

Thanks to its clear and intuitive interface, PeopleForce helps build a positive experience for employees at every stage.

Also, it saves HR professionals time on admin work, so they can focus on important goals and build strong relationships with employees which leads to overall organizational success.

Key features

  • Recruitment: Makes hiring easier with features like resume parsing, automated outreach and consolidating interview feedback.
  • Performance management: Helps with performance reviews, scheduling one-on-one meetings and provides valuable insights through 360 assessments.
  • Surveys & eNPS: Measures employee satisfaction and engagement, identifying what drives success.
  • Case management: Addresses employee queries and requests.
  • Time & attendance tracking: Automates leave requests and approvals.
  • Integrations: Connects with job portals like LinkedIn and Jooble, learning management systems (LMS) and messaging apps such as Slack and Telegram.
  • HR data centralization: Simplifies HR tasks by centralizing data for easy management.

User rating

  • Capterra: 4.6
  • G2: 4.8

People like using PeopleForce because it's easy, has a nice interface and can be used in many languages. It's good value for money, offering a lot of features without being too expensive. While some people find it super easy to learn, others think it might be confusing at the beginning.

Pricing

  • Standard: $2/mo per employee
  • Professional: $2.4/mo per employee

Note: The onboarding process is free of charge, allowing you to start hassle-free. 

BambooHR

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BambooHR is among the most popular cloud HR solutions for streamlining HR processes, such as time off tracking, onboarding, performance management and applicant tracking. 

It has many customizable features that make it easy and pleasant to use.

BambooHR simplifies HR tasks, creates positive employee experiences and facilitates data-driven decision-making within organizations.

Key features

  • Employee self-service (ESS): Allows employees to view their information, request time off and pay stubs.
  • Applicant tracking system (ATS): Manages job postings, applicant tracking and team collaboration.
  • HR data & reporting: Centralizes HR data, generates reports and uses analytics for decision-making.
  • Payroll, time & benefits management: Simplifies payroll processing, tracking time and managing benefits.
  • Employee experience & performance: Monitors performance and encourages feedback for a positive workplace.
  • Employee benefits administration: Helps with evaluating, selecting and training employees on their benefits.
  • Mobile access: Accessible interfaces and apps for iOS and Android devices.
  • Integrations: Connects with over 125 software solutions.

User rating

  • Capterra: 4.6
  • G2: 4.4

Users like BambooHR because it's pretty easy to use and has lots of helpful automation features.

However, some of them think it should be clearer about which notes are private/public, and they'd like to have more onboarding templates.

Pricing

For companies with over 25 employees, it's per employee per month. Smaller businesses with 25 or fewer employees have a flat monthly rate, but you'll need to fill out a form to see the pricing.

HiBob

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HiBob simplifies human capital management with easy-to-use solutions for onboarding, HR workflow, performance evaluation and fair compensation oversight. 

With HiBob, updating information is simple for both employees and HRs. It’s simple to track new hires, departures, news and other changes in your organization.

Key features

  • Onboarding: Helps new hires settle in smoothly.
  • Compensation: Manages pay, bonuses and equity distribution effectively.
  • Time tracking: Makes logging hours and submitting timesheets easy.
  • Workforce planning: Maximizes efficiency through targeted hiring.
  • Employee feedback: Gathers all staff input to boost engagement.
  • Leave management: Handles time-off requests quickly.
  • Performance monitoring: Tracks employee progress with clear metrics.
  • Employee engagement: Provides a safe space for concerns.
  • Payroll hub: Centralizes payroll tasks for better efficiency.
  • HR analytics: Offers real-time insights into your team.
  • Testing environment: Allows safe experimentation with changes.
  • Integrations: Integrates with Microsoft Teams, Okta, G Suite, Merge and more.

User rating

  • Capterra: 4.6
  • G2: 4.5

Users say HiBob is easy to get started with, has great customer support and you can quickly change things around when needed. 

There are some complaints about pricing options and occasional inconsistencies in the system.

Pricing

  • Tailoring pricing to suit each customer's needs

Personio

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Personio speeds up daily work, cuts down on administrative tasks and ensures HR processes run hassle-free. 

It helps manage HR tasks like hiring, employee onboarding, time tracking, payroll and performance management. In that way, it frees up time for strategic work and big-picture planning.

Key features

  • HR management: Manages all HR-related tasks and keeps information centralized.
  • Time tracking: Tracks and records employee work hours.
  • Absence management: Manages and tracks employee absences and leaves.
  • HR helpdesk: Provides support for addressing HR-related inquiries and issues.
  • On-/offboarding: Facilitates structured processes for welcoming new hires and managing employee exits.
  • Whistleblowing: Provides a confidential platform for reporting unethical behavior within the organization.
  • Talent management: Attracts, retains and develops top talent within the organization.
  • Performance & development: Evaluates employee performance and fosters professional growth.
  • Training: Organizes and tracks employee training programs and courses.
  • Compensation management: Manages employee compensation and benefits.
  • Surveys: Creates and conducts surveys to gather feedback from employees.
  • Payroll: Manages employee salaries and payments accurately.
  • Analytics & reporting: Generates insights and reports on employee data effectively.
  • Integrations: Integrates with Slack, Microsoft Teams, Google Calendar and more.

User rating

  • Capterra: 4.3
  • G2: 4.3

Users like the simplicity, ease of use and excellent customer support of Personio. 

However, they dislike unexpected price increases and have difficulty understanding certain calculations, like vacation days.

Pricing

There are two available plans—Core and Core Pro.

To get a price, you need to choose a plan and pick the features that fit your needs. After that, you’ll get personalized assistance with setup and ongoing support.

Rippling

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Rippling is an HR data management platform that helps with payroll, benefits, HR and IT all in one place. 

For example, onboarding new hires takes just 90 seconds online. It also takes care of compliance, tax filing and paying employees worldwide.

Rippling simplifies hiring, performance & talent management and tracking time and expenses.

Key features

  • Compliance management: Ensures adherence to regulations with automated compliance checks and tracking.
  • Performance management: Sets up reviews by calibrating ratings and raises and identifying performance trends.
  • Calendar management: Integrates scheduling with automated event reminders.
  • Labor forecasting: Predicts labor demand in real time by integrating historical labor data.
  • Scheduling & tracking: Tracks shifts and schedules in real time.
  • Payroll management: Manages payroll with automated payroll, tax compliance and deductions.
  • Workflow management: Streamlines approval processes through customizable automation.
  • Employee vacation tracking: Tracks employee vacation with an automated accrual and request/approval workflow.
  • Skills tracking: Inventories employee skills and tracks training.
  • Time and attendance tracking: Records time and attendance with clock-in/clock-out using biometric or RFID integration.
  • Mobile access: Provides on-the-go access with a mobile app for remote workforce management.
  • Integrations: Integrates with PayPal, Slack, AWS, Zapier and more.

User rating

  • Capterra: 4.9 
  • G2: 4.2

Users like how it handles payroll details helps with the entire employee lifecycle, and works well with other apps. Some mention problems with HSA/FSA management, but most find it easy to use and helpful for organizing tasks.

Pricing

  • Starts at $8 a month per user

Factorial alternatives & competitors: Comparison table

Features

Factorial

PeopleForce

BambooHR

HiBob

Personio

Rippling

Employee database

Knowledge base

Case management

Recruitment (ATS)

Attendance tracking

Performance and salary reviews

Conclusion

When choosing the perfect HR software, remember to align it with your organization's needs and system compatibility in the first place. 

Always go with the solution that's user-friendly, has essential HR features, strong security and fits your budget. Also, check if it integrates with your project management platform and other apps.

In this regard, PeopleForce stands out, offering excellent features and great experience for both employees and HR leaders.

FAQs

What is similar to Factorial?

PeopleForce, Bamboo HR, HiBob, Personio and Rippling all have similarities with Factorial. But, PeopleForce offers the best and most comprehensive HR services thanks to its extra features like a knowledge base and ATS.

What companies use Factorial?

Factorial is popular among small and medium-sized businesses. HR and business leaders from all industries use it for employee lifecycle management.

What type of software is Factorial?

Factorial HR Software combines elements of a Human Resource Information System (HRIS), a Human Capital Management System (HCM) and a Human Resource Management System (HRMS).

What are other Factorial alternatives worth considering?

Apart from those, Zoho People, Gusto and Namely are also solid alternatives to Factorial.

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