Which HR Systems Are Best for Mid-Sized Companies?

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Brett Ungashick
OutSail HRIS Advisor
July 4, 2023
User looking at multiple HRIS

OutSail helps hundreds of businesses buy new HRIS systems each year. Working with companies of all shapes and sizes allows OutSail to share the 10 best HRIS systems of 2022.

In this article, you can learn about the 10 best HRIS vendors of 2022 are and what types of companies they work best for.

If you want more information on these vendors, you can request a free HRIS vendor report from our team. Each report is custom built to match your requirements and includes pricing, pros & cons, integration info & more

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1.) BambooHR

Average Customer Size: 25-350 employees

Founded in 2008, BambooHR has steadily risen to become a market leader in the SMB and Mid-Market. Bamboo offers a modern user interface and a wide breadth of modules - performance, recruiting, onboarding - all at a competitive price point. While Bamboo owns a payroll company, called Trax, many customers will use their own payroll / ben admin tools and use Bamboo for more employee-facing activities. Bamboo is also open to integrating with a variety of 3rd party HR tools

  • Modules Offered: HRIS, Payroll, Time & Attendance, ATS, Onboarding, Performance, Engagement
  • Not included: Ben Admin, Learning, Compensation
  • Price range: $8-3 PEPM

2.) Hibob

Average Customer Size: 50-500 employees

Vendor Snapshot: Hibob is a great solution for modern companies that want culture at the center of their organization. Unlike most HRIS's that began as payroll vendors, Hibob started with performance, engagement and compensation at the core of their product. The emphasis on employee engagement leads to high usage from employees and better reporting for companies. Additionally, Bob is a global company and their solution is a strong fit for multi-national companies.

  • Modules offered: HRIS, Performance, Engagement, Onboarding, Time & Attendance
  • Not included: Payroll, Ben Admin, ATS
  • Price range: $8-12 PEPM

3.) Rippling

Average Customer Size: 25-300 employees

Vendor Snapshot: Rippling is the fastest growing companies in the HRIS industry today. Rippling takes a very modern approach to the market by emphasizing employee experience, integrations and people management. Rippling's integrations go beyond HR point solutions and can also work with tools like Slack, Teams, Salesforce and more. This can save IT hours of headaches, especially at companies with white collar workforces that use many business apps.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Time & Attendance, Learning, ATS
  • Not included: Performance, Engagement
  • Price range: $20-27 PEPM

4.) Paycor

Average Customer Size: 25-350 employees

Vendor Snapshot: Paycor went public in 2021 symbolizing their transition from regional payroll solution, to a large national player. Paycor has acquired cutting edge ATS, Performance and Engagement platforms to help grow their system. Being able to offer advanced talent acquisition and talent management tools, is a big advantage in today's labor market. Paycor is typically a cost-effective option and has landed well in industries like the nonprofit sector where their price point and scheduling capabilities are prioritized

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $15-21 PEPM

5.) Paycom

Average Customer Size: 50-500 employees

Vendor Snapshot: Paycom is designed to be a one-stop-shop for mid-sized organizations, covering everything from payroll, benefits & HR to recruiting, onboarding, performance & learning. Paycom prioritizes employee self-service with the goal of having administrators do the least amount of work possible in the system. Paycom does not typically acquire or partner with 3rd parties to grow their capabilities, making the technology more integrated than peers in their space. This can lead to downstream advantages with reporting and reduction in manual re-entry

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $22-31 PEPM

6.) Paylocity

Average Customer Size: 50-500 employees

Vendor Snapshot: Paylocity started off as a payroll vendor and has the second most payroll clients (behind only ADP). Over time, however, they have developed a full suite HRIS system that can serve as a one-stop-shop for companies. The system is designed for mid-market companies and gets above average reviews for ease of use. Paylocity is strong in integrations and can support companies with global workforces too.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $17-23 PEPM

7.) UKG Ready (formerly Kronos)

Average Customer Size: 200-5,000 employees

Vendor Snapshot: Kronos is well-known in the market for their workforce management tools (time collection, scheduling, workforce forecasting). These capabilities have served as the foundation for their HRIS platform which makes it highly effective for companies with large hourly workforces. The Kronos platform is often competitively priced an their support teams are broken out by industry, so the support you receive can be knowledgeable to your business.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, ATS
  • Not included: Learning
  • Price range: $16-22 PEPM


8.) ADP Workforce Now

Average Customer Size: 50-2,500 employees

Vendor Snapshot: ADP Workforce Now is a full suite HRIS system that has end-to-end capabilities, covering everything from payroll, benefits and HR to recruiting, onboarding, performance and learning. Workforce Now is utilized by companies of all shapes and sizes, but their strongest audience is in the Mid-Market. 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.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $20-26 PEPM

9.) UKG Pro (formerly UltiPro)

Average Customer Size: 250-10,000 employees

Vendor Snapshot: UKG Pro (formerly UltiPro) is the leading HRIS platform in the upper mid-market. UKG Pro is utilized by companies as small as 100 employees and as large as 100,000, but has developed a strong presence in the 500-5,000 employee range. UKG Pro is known for it's strengths around HR and Talent Management. While many of their peers developed payroll first and HR after, UKG has made HR their core competency from the get go, providing strengths around recruiting, engagement and employee development. UKG also has a loyal following from many of their customers due to their 'partners for life' philosophy.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $24-32 PEPM

10.) Ceridian

Average Customer Size: 250-10,000 employees

Vendor Snapshot: Ceridian Dayforce is an all-in-one HCM offering that can cover every need from hire-to-retire. Ceridian Dayforce is a popular choice in the upper mid-market with an average customer size around ~700 employees. Ceridian is known for it's strengths around Payroll and Workforce Management. Ceridian has long been a top competitor to ADP in the payroll space, and in 2012, they acquired Dayforce, a leading Workforce Management platform. Since then, Dayforce has become their flagship offering and is a great solution for companies with complex payroll, time & attendance, scheduling and tax needs.

  • Modules offered: HRIS, Ben Admin, Payroll, Onboarding, Performance, Time & Attendance, Learning, ATS
  • Price range: $22-29 PEPM
FAQs
1. Which HRIS systems are best suited for mid-sized companies?
  • Some of the top HRIS systems for mid-sized companies include BambooHR, Hibob, Rippling, Paycor, Paycom, Paylocity, UKG Ready (formerly Kronos), ADP Workforce Now, UKG Pro (formerly UltiPro), and Ceridian.
2. What is the average customer size for each of these HRIS vendors?
  • The average customer size varies for each vendor, but generally ranges between 25 and 10,000 employees, with some vendors specializing in the mid-market segment.
3. What are the key modules offered by these HRIS systems?
  • The modules offered typically include HRIS, Payroll, Time & Attendance, Onboarding, Performance Management, Engagement, Benefits Administration, Learning, and Applicant Tracking Systems (ATS). However, not all vendors offer all modules, so it's essential to check specific offerings.
4. What is the pricing range for these HRIS systems?
  • Pricing ranges vary depending on the vendor and the modules selected, but typically fall between $8 and $32 per employee per month (PEPM). It's essential to consider the specific needs of your organization when evaluating pricing.
5. How do these HRIS systems differ in terms of strengths and weaknesses?
  • Each HRIS system has its strengths and weaknesses. For example, some may excel in payroll and workforce management, while others prioritize employee engagement and culture. Understanding your organization's priorities can help you choose the best fit.
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Meet the Author

Brett Ungashick
OutSail HRIS Advisor
Brett Ungashick, the friendly face behind OutSail, started his career at LinkedIn, selling HR software. This experience sparked an idea, leading him to create OutSail in 2018. Based in Denver, OutSail simplifies the HR software selection process, and Brett's hands-on approach has already helped over 1,000 companies, including SalesLoft, Hudl and DoorDash. He's a go-to guy for all things HR Tech, supporting companies in every industry and across 20+ countries. When he's not demystifying HR tech, you'll find Brett enjoying a round of golf or skiing down Colorado's slopes, always happy to chat about work or play.

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