Namely vs New HRMS comparison

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.

New HRMS is designed for efficient management of human resources, focusing on streamlining processes like recruitment, payroll, and employee performance tracking. It caters to mid to large-sized businesses looking for scalable and customizable solutions to enhance workforce management.

Offering a robust suite of tools, New HRMS supports the HR department by automating routine tasks and providing analytical insights to drive informed decision-making. It integrates seamlessly with existing systems, ensuring a smooth transition and minimal disruption. With its user-friendly interface and customizable features, New HRMS empowers organizations to adapt the platform according to their unique requirements. The platform supports comprehensive functionalities, focusing on improving workforce productivity and compliance.

• Recruitment Management: Streamlines hiring processes with integrated applicant tracking and evaluation tools.
• Payroll Automation: Ensures precise and timely salary disbursements with minimal manual intervention.
• Performance Tracking: Monitors employee performance with customizable KPIs and reporting features.
• Employee Self-Service Portal: Empowers staff with self-service options to manage personal information and benefits.
• Compliance Management: Keeps the organization updated with changing labor laws and industry standards.

• Cost Efficiency: Reduces HR operational costs through process automation and elimination of redundant tasks.
• Improved Productivity: Enhances workforce efficiency by automating repetitive tasks and freeing up HR staff.
• Scalability: Offers growth potential, allowing businesses to scale up according to changing needs.
• Data-Driven Decisions: Provides actionable insights for strategic planning and decision-making.
• User Satisfaction: Positive user experiences and feedback on ease of use and integration capabilities.

New HRMS is adopted across industries such as manufacturing, healthcare, and finance, each leveraging its features for specific needs. Manufacturing companies use it to manage shift scheduling and compliance, while healthcare organizations rely on its robust reporting for precise workforce management. In finance, it assists with detailed payroll processes and regulatory compliance, demonstrating its adaptability in different sectors.