ADP began as an idea in 1949 and grew to ignite an entire industry of outsourcing services as well as changed the way companies do business. ADP helps organizations of all types and sizes unlock their business potential. They are a comprehensive global provider of cloud-based Human Capital Management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance expertise. In 2014, ADP celebrated 65 years in business. Today they serve more than 620,000 customers in 125 countries and counts 15 plus years of having cloud-based software.
Paycor was conceived in 1990 by Bob Coughlin and has developed into one of the largest independently owned human resource management and payroll companies in the nation. Paycor helps their clients perform better with intuitive, cloud-based human resource, payroll and timekeeping software. Paycor works directly with small to mid-sized businesses across the U.S. Their services include custom reporting, tax filing in every jurisdiction in the U.S., 401(k) retirement services, workers’ compensation, benefits administration, open enrollment, performance reviews and much more. Today, Paycor has more than 20 offices serving more than 25,000 clients from all 50 states. They are located in Norwood, Ohio.
In 1977, MIT graduate Mark S. Ain founded Kronos. It has one of the best records of growth and profitability as a publicly traded company. Aron Ain succeed his brother as CEO in 2005. Mark Ain is still the chairman of the board of directors.
The company originally manufactured time clocks. The company makes most of its profits from software and services, including workforce management, consulting, and education. For its cloud-based services, Kronos has as powerful data center with three tiers of security, including a backup data center in the instance of a disaster. Kronos was recently brought by Hellman and Friedman and JMI Equity for $1.74 billion.
Zoho People is a sub product under the parent company Zoho Corporation. Zoho People is a one stop online solution for human resource information systems. Zoho People also manages information such as company assets, specs, training records, leave applications and more. Zoho People’s self-service portal provides employees access to their own records, helping companies keep records accurate and up-to-date all the time. Using Zoho People administration workload is dramatically reduced because their staff manages much of their own information; via the web and you have online access to your entire company's employee reporting hierarchy. The Zoho People employee portal provides its customers with all they need to record their staff's basic demographic data and important human resource information. Managers and employees are able to manage their own information, which dramatically increases data accuracy and reduces your human resources personnel's administration workload. Zoho People is ideal for Freelancers, small and medium businesses, companies with 5-100 employees but also has packages available to support companies with as many as 500 employees. Zoho Corporation was founded in 1996. Zoho People was launched in 2007. Zoho Corporation has offices based in the United States, India, China and Japan.
Zenefits is majorly shaking the HR industry with their revolutionary “free” payroll and human resources solutions. We found out that Zenefits has created an industry-changing pricing approach by charging benefits providers rather than business owners.
Parker Conrad, a major groundbreaker in companies such as Wikiinvest and SigFig, founded Zenefits in 2013. He wanted to help startups and small businesses find affordable insurance quotes and provide benefits managements in one platform. Y Combinator, a startup accelerator, was one of the big major backers of Zenefits when they first opened their doors in 2013.
Many people are noticing Zeneits. It is an all-in-one HR solution to many businesses and is one of the fastest growing HR software companies in the industry. Many customers like the ease of employee and manager access, as well as the powerful user interface and menus that make navigation easy.
Paychex is a company that provides payroll and human resources services to small and medium-sized businesses. The company is headquartered in Penfield, New York. There are more than 100 offices throughout the United States. The current numbers say that more than 580,000 businesses depend upon Paychex to outsource heir HR needs.
Tom Golisano started Paychex in 1971 with $3,000. by 1979, the company had over 18 franchises and partnerships. The company was first publicly traded in 1983 and is traded on the NASDAQ Stock Excchange. The company is steadily growing and, in 2013, Paychex reported revenues of over $2.3 billion.
One thing that we found out about Paychex is that they also offer financing options for small businesses. We found that Paychex offers merchant processing, in the form of its NCR Silver card processing service. They have also partnered with Biz2Credit, a business loan company, to provide financing to businesses. Finally, they also offer accounting services.
Gusto’s mission is to create a world where work empowers a better life. By making the most complicated business tasks simple and personal, Gusto is reimagining payroll, benefits, and HR for modern companies. Gusto serves over 40,000 companies nationwide and has offices in San Francisco and Denver.
Ceridian is a global human capital management technology company serving more than 50 countries. Their cloud-based human capital management technology transforms payroll, benefits, workforce management, human resources, and talent management to deliver business results.
Sage is probably one of the largest companies in the HR industry. They have been in business since 1983 and have more than 6.1 million customers around the world. There are multiple solutions available for different industries. Sage is used by the healthcare, construction, real estate, automotive, and manufacturing industries, to name a few. Sage is also an international company, with its headquarters in the UK.
We found two different products that work well for small- and medium-sized businesses. Sage 50 is the product for small businesses, and takes care of payroll processing for different-sized companies. Sage HRMS is targeted for medium businesses. Generally, Sage sells its products in modules, with tier pricing available for up to 3,000 employees.
Another thing to know about Sage is that they have several sponsorships, including Formula One racing, sponsoring the Marussia F1 team.