BambooHR vs Namely vs PeopleSoft comparison

BambooHR is an all-around end-to-end talent management and benefits administration tool. This solution provides many use cases as it accompanies employees’ work journeys from onboarding to training, to day-to-day administration, and offboarding. This solution benefits the HR team as it provides them with a system that consolidates all of their employees’ information. This information includes, but is not limited to, contact information, bank details, schedules, language ability, vacation, sick days, and more. BambooHR can as well be used for reporting purposes, tracking leave, performance reviews, announcements to employees, and group emails.

BambooHR Features:

BambooHR has many valuable key features. Some of the most useful ones include:

• Limiting Accessibility - An employer is able to limit access for certain users. This allows employers and the HR team to restrict information from employees. This as well helps with salary and payroll information as this tends to be the most sensitive and restricted information.

• Support - BambooHR offers good support. The support team is helpful and answers any inquiry.

• Information Storage - This solution can be used to store any information and documents. This includes job descriptions, employee manuals, etc.

• Reporting and Metrics - The solution provides HR metrics and reports for the management teams.

• Applications - An employee is able to apply easily for sick leave, annual leave, and vacation days.

• Onboarding and Offboarding - The solution offers onboarding and offboarding tracking functionalities. This eases employee orientation and any employee’s departure.

• Email Automation - Automatic emails can be sent out to job applicants and employees.

• Scheduling - The solution helps with scheduling meetings and interviews easily.

• Dashboard - BambooHR has a nice dashboard with each employee’s personal features.

BambooHR Benefits:

There are many benefits to implementing BambooHR. Some of the biggest advantages the solution offers include:

• Accessibility - BambooHR is accessible and easy to navigate. This especially benefits any employee or employer who may not have a technical background.

• Efficiency - Employees have access to their information. They can review documents, update their information and look at their benefits on their own without the need to reach out to the HR department or management directly.

• Visibility - An employer is able to view all of their employees’ annual days including annual leave and sick days. They can see which days were put on hold and how many an employee has left.

Reviews from Real Users:

Below are some reviews and helpful feedback written by PeerSpot users currently using the BambooHR solution.

An HR Officer at a small financial services firm comments: “In the past, we managed all this [HR] information using Excel. Switching to BambooHR made it easier to access the information. It's easier to use and share reports. I can allow people to do their own reports so they don't need to deal with HR. BambooHR puts everything into one place, so I don't have to comb through several Excel files to collect all the information I need to make a report.”

A Director of Human Resources at a large construction company says: “I would recommend this solution to other users. It has given me the ability to run a lean team and add automation to the way that we work.”

Namely is a comprehensive human resources suite that unifies components of payroll, talent management, and benefits. The software has been the HR management platform of choice for about 400 companies and has handled more $2.5 billion in annual payroll and approximately 60,000 employees globally. Namely is a cloud-based program that enables companies to adhere and manage compliance and then streamline basic and complex HR processes, including payroll, benefits and talent management. The system is designed for mid-market companies and help them with stay on top of complicated processes of managing employee information or calculating paychecks that accurately shows deductions for taxes and contributions for benefits such as health insurance.

PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

PeopleSoft Features

PeopleSoft has many valuable key features. Some of the most useful ones include:

• Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.

• Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.

• Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.

• Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.

• Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.

PeopleSoft Benefits

There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:

• Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.

• Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.

• Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.

• Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.

Reviews from Real Users

PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

"PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.

A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."