7 Best HR Analytics Software in 2023: Key Features, Integrations & Pricing

Squadsy Team
May 29, 2023

7 Best HR Analytics Software in 2023: Key Features, Integrations & Pricing

Discover the Top HR Analytics Software. Unleash the power of data-driven HR strategies with our comprehensive tools. Choose the best for your organization!

A dynamic and well-informed HR department can often be the key to a thriving, productive organization. A lot of information that can help HR teams create such an environment lies hidden in a maze of numbers and trends.

HR Analytics Software also called as People Analytics Software is the map that can help businesses navigate this maze of numbers and trends with ease.

These tools help HR professionals get a comprehensive view of many different aspects of HR management such as

  • Employee engagement.
  • Workforce diversity.
  • Effectiveness of training programs.
  • Quality of hires, cost-per-hire, and other recruitment metrics.
  • Retention rates.
  • Workforce planning and more

This all must sound nice if you're a HR manager looking to improve and streamline your team's decision making process, but amidst a sea of offerings, how do you find the one tool that's 

  • Affordable
  • Comprehensive
  • Equipped with HR-specific analytics modules that caters to your unique requirements.

Well, worry not! In this blog, we've handpicked the 7 best HR analytics software systems of 2023, all designed to improve your team’s decision making process.

Ready to illuminate your HR analytics path? Let's dive in!

List of Top 7 HR Analytics Software for HR Teams in 2023

We have researched and compiled a list of the 7 best HR Analytics Software tools to support your HR team in 2023. This comprehensive list provides you with key features, integrations and pricing information for each software so you can make an informed decision on purchasing a tool that is tailored to your unique needs.

1. Squadsy

Squadsy

Squadsy is an Employee Onboarding and Experience Platform which has an inbuilt Analytics & Reporting feature. The tool’s main focus is to help HR teams scale and streamline their pre-boarding, onboarding and offboarding process easily and efficiently.

Squadsy also helps HR teams easily collaborate with managers to create role-specific onboarding journeys. This helps teams create and send personalized and automated emails, calendar invites, Slack messages etc at the right time resulting in

  • Increased engagement rate.
  • Improved onboarding experience.
  • Growth and bonding in the organization.

The Analytics feature in the tool is a game-changer for HR professionals as it helps them track, monitor and measure the success of their processes. The feature offers critical insights into internal comms. and content by tracking KPIs such as page visits, time on page, task completion, meeting attendance etc.

engagement score of employees

Squadsy has a proprietary algorithm that calculates the engagement score of employees, enabling proactive problem-solving.

The dashboard also displays an onboarding chart, visually depicting each employee's journey and engagement level. Equipped with these powerful analytics, HR members can make well-informed decisions and improve their onboarding process, leading to increased employee satisfaction and retention.

Squadsy is best suited solution for businesses looking to

  • Reduce manual work for their human resource team.
  • Streamline  their boarding process, be it pre-, on- or even off-.
  • Create personalized and scalable journey experience for employees no matter what their designation is or where they are from.
  • Measure and analyze various KPIs to create a process that promotes employee bonding with the organization thereby reducing employee turnover and attrition.
  • Recognize and acknowledge the Moments that Matter to employees, like birthdays, anniversaries. Not missing an opportunities to congratulate, recognize, or show appreciation to their employees

Integrations

integrations

Squadsy has a wide range of integrations with many communication, HRIS, ATS and task management tools. Some of the available integrations are:

  • Gmail
  • Outlook
  • Slack
  • Keka HR
  • Bamboo HR
  • Workday
  • Asana
  • Trello
  • Jira

Pricing

Pricing squadsy

Squady is in the early access stage. You can schedule a meeting with the Squadsy team and they will show firsthand how they can revolutionize the way PeopleOps and HR teams work.

2. intelliHR

intelliHR

intelliHR is a cloud-based HR platform that provides businesses with a wide range of HR analytics tools. These tools can be used to track and analyze a variety of HR data, including

  • Employee demographics
  • Performance reviews
  • Compensation
  • Turnover and more 

The data can be used to identify trends, patterns, and insights that can help HR professionals make better decisions.

For example, intelliHR can be used to analyze employee turnover data to identify factors that are leading to employees leaving the company. This information can then be used to develop strategies to improve employee retention

The tool can also be used to analyze employee performance data to identify areas where employees need additional training or development. This information can then be used to create training programs that will help employees improve their performance.

Overall, intelliHR's HR analytics tools can help HR professionals to gain a deeper understanding of their employees and make better decisions that will improve business outcomes.

Pricing

intelliHR Pricing

intelliHR has 3 paid plans and 1 custom enterprise plan. It does not offer a free trial or free version.

  • Engagement - $4.5/employee/month
  • Performance – $7.2/employee/month
  • Strategic – $11.7/employee/month

You have to get in touch with the intelliHR sales team to start using the product.

3. Tableau

Tableau

Tableau is a BI tool that helps professionals in various industries  transform complex raw data into user-friendly visuals for reporting and analysis. Its suite includes features for creating dashboards, charts, and sharing insights. 

In the HR domain, Tableau provides vital insights into areas like employee retention, compensation, diversity, and recruitment. Its Diversity, Equity & Inclusion (DE&I) HR dashboard allows organizations to scrutinize diversity data, helping to identify and rectify gaps in their workforce.

Moreover, dashboards for employee turnover, attrition analysis, and feedback surveys help identify factors influencing engagement and turnover. 

While Tableau requires some learning, the effort is rewarded by its powerful capabilities and extensive user community. Despite the learning curve, its unrivaled data visualization features make it a robust HR analytics tool for data-driven decision-making.

Pricing

Tableau Pricing

Tableau has 3 paid plans for teams/organizations. Their pricing is not transparent, so you have to get in touch with the sales team to get a custom quote.

But they do offer a 14-day free trial.

Tableau free trial

4. BambooHR

BambooHR

BambooHR is a comprehensive HRM software, it features 

  • HR Data & Reporting
  • Hiring & Onboarding
  • Payroll, Time & Benefits 
  • Employee Experience & Performance. 

The tool's Reporting and Analytics feature’s primary function is to convert raw data into insights that can be used strategically. It provides real-time reports on various HR metrics such as employee turnover, performance indicators, and recruitment timelines.

BambooHR has a user-friendly design which makes the tool accessible even for individuals without extensive data analysis experience. Its people-centric approach to analytics provides insights that focus not just on the data but also on the implications for the organization and its employees.

Though the tool doesn't promise to revolutionize HR management, it does provide a straightforward and accessible way to leverage data in the HR sphere.

Pricing

BambooHR Pricing

BambooHR offers a free trial but they are not transparent about their pricing.

5. Qualtrics People Analytics

Qualtrics People Analytics

Qualtrics is a powerful platform providing effective survey tools that help you gauge your employees' perceptions about your HR procedures. By offering insights into employee sentiments, it helps enhance engagement, planning, and productivity.

HR professionals can proactively address any issues identified from these surveys and work towards improving the overall employee experience.

The People Analytics software by Qualtrics goes beyond its renowned survey capabilities. It empowers businesses to optimally use their HR data to get a comprehensive understanding of their workforce and the factors driving performance.

A unique feature is the ability to survey employees about their benefits, giving you insights into what is appreciated and what could be enhanced. The platform can analyze fluctuations in employee engagement throughout an employee's tenure in your company.

It can identify elements impacting engagement at various stages, assisting HR Managers to tailor their engagement strategies to address specific areas of concern. Using predictive analytics, Qualtrics also provides insights into employee turnover risk and the factors contributing to it.

Pricing

Qualtrics does not have a transparent pricing plan, if you are interested in the enterprise grade software you have to request a demo and get in touch with them.

6. ADP Workforce Now

ADP Workforce Now

ADP Workforce Now is a robust enterprise grade cloud platform that furnishes HR departments with the means to utilize performance data to steer informed decision-making.

It's a versatile HR solution, aimed to simplify a range of HR tasks and enable the beneficial use of employee data for superior business results.

A key feature of this platform is the ADP DataCloud, a powerhouse for HR-centric, large-scale data analysis. It provides managers with the opportunity to pull and compare an extensive range of company-specific HR data from across the country.

All in all, ADP Workforce Now, with its rich suite of features including ADP DataCloud, proves to be a resourceful tool for recruiters and executives alike.

It stands out as an optimal HR analytics software for large and enterprise sized organizations aiming to automate their HR analysis practices.

Pricing

ADP Workforce Now Pricing

ADP Workforce Now does not offer a free trial nor does it have transparency in its pricing.

7. Leapsome

Leapsome

Leapsome is a versatile people management tool that includes a customizable analytics feature, designed for businesses of all sizes. Its many functions allow HR teams to keep track of things like employee performance, growth, and engagement.

What sets Leapsome apart is its engagement analysis feature. This allows you to create employee engagement surveys, either from scratch or using templates.

The tool then processes the responses and helps identify what drives engagement, the levels of engagement, and the general mood behind the written responses.

Leapsome gives HR professionals valuable insights that can help pinpoint the factors affecting performance and turnover. It also provides a deeper understanding of what's most important to the company's culture.

This can guide management teams in making informed business decisions.

Pricing

Leapsome Pricing

Leapsome like Sage HR has a unique pricing page where you can get a price estimate based on your requirements. But you still have to contact the sales team to get a proper price quote.

Leapsome does not have a free trial or free plan.

Now that we have seen about the 7 HR analytics tools that can help HR professionals let us look at how 

How to Choose the Right HR Analytics Software for Your HR Team in 2023

Choosing the right HR analytics software for your team can be a complex task. It's essential to evaluate the software based on multiple factors to ensure it meets your specific needs.

Here are a couple of points to consider:

  • Integration with your existing HR and payroll systems. A seamless integration will allow data consolidation from different sources, offering a comprehensive view of your HR-related data and easing the process of deriving insights.

  • Customization is another important aspect. An ideal HR analytics software should allow you to create tailored reports, dashboards, and set alerts based on your preferences. This flexibility ensures the software adapts to your organization's unique needs, rather than you having to adjust to it.

  • Given the sensitivity of HR data, the software you choose should prioritize data privacy and security. Look for features such as encryption, access control, and audit trails to ensure your employee data remains secure.

  • Usability also matters. A user-friendly interface and clear instructions can make the difference between a tool that empowers your HR team and one that frustrates them

  • It's also crucial to assess the software's analytics capabilities. It should offer comprehensive reporting, dashboard creation, and the ability to conduct ad hoc queries.

  • Lastly, factor in the cost. The software should be affordable and fit within your organization's budget

In addition to these factors, remember that the size of your organization, the industry you operate in, and the specific needs of your HR team will also influence your decision.

By considering all these aspects, you can confidently select an HR analytics software that will enhance your team's decision-making process in 2023.

Takeaways

HR analytics can offer indispensable insights for HR teams and PeopleOps professionals. These insights can enhance employee performance, engagement, and satisfaction, ultimately fostering a more productive and positive company culture.

Choosing the right software entails considering factors like data integration, customization, data security, user-friendliness, and cost-effectiveness. Keep these in mind to make an informed choice that meets your organization's needs.

Key takeaways from this blog:

  1. HR analytics tools are vital for effective workforce decisions.
  2. Numerous HR analytics software solutions are available, choose wisely.
  3. Remember the selection factors discussed in this blog.
  4. Proper use of HR analytics can improve retention, productivity, and company culture.

In the fast-paced world of HR management, staying ahead is crucial. Selecting the right HR analytics tool in 2023 will help you navigate future challenges and opportunities.

Subscribe to our newsletter
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.