The HR department is the backbone of any workplace, fueling the teams and driving organizational efficiency. The HR teams single-handedly manage new hires, deal with employees’ queries, handle payroll disbursement and provide employees incentives to work at their utmost potential.

Considering the diverse aspects of HR, wise men came forth with HR platforms so that teams could heave a sigh of relief. With these automated tools, managing tireless tasks becomes a breeze, which results in enhanced productivity and better employee productivity.

Want to know which software can be your knight in shining armor to help your firm excel? Here, we have penned down the essence of Eddy HR, a compact solution for local businesses that comes with all the bells and whistles to keep companies going.

Let’s get to the exciting part now.

Eddy HR: Keeping It Simple

And Eddy is the savior of HR teams and paves its way to the top in the business realm. The system has made its mark by encouraging teams to bid farewell to endless spreadsheets. With Eddy by your side, there’s no need to use segmented tools, as it acts as a one-stop shop. Its streamlined time management, smart automation, paperless onboarding, and simplistic payrolls make it an unprecedented tool in the market.

Eddy At Your Service

From hiring to attendance and from organizing worker data to sorting payrolls, the vendor has you covered. Your firm can rely on Eddy to nourish HR teams to give their best with minimal effort. Let’s get a prompt glance into all the exquisite aspects of Eddy HR.

The Secret to Payroll: Run payrolls with a snap of fingers using this tech-intensive platform, which embeds hours, benefits, attendance, etc., directly into payrolls. To ensure accuracy, Eddy even deals in tax filing, ensuring compliance with regulatory bodies. Moreover, it connects benefits to payroll for a better employee experience.

Stay on Top of Employee Data: With Eddy HR, you can get instant access to employee data in a single and secure location. From employees’ contacts to their job titles and personal notes, the software has you covered so you can effortlessly organize and utilize employee information. You can even look into license issuing and expiration.

Hire Like a Pro: The HR Software simplifies hiring and onboarding like never before. Eddy features services like digital offer letters, hire packet templates, automated messaging, and customized pipelines, making things easier to manage. It even tracks the onboarding process of all new hires, preventing things from going sideways.

Time And Attendance Wizardry: Allow your employees to accurately track work hours with Eddy’s intuitive mobile app. It makes hours ready for the payrolls, creating a win-win situation for HR teams and other employees. Accurate timesheets ensure convenient payroll management as Eddy HR takes the hassle out of time tracking. It even features custom time-tracking policies.

The Cost of Implementation

Now, we will see if Eddy HR is worth investing in by exploring its price structure. We will evaluate the cost tag of each plan in terms of the services included. Before we get started, you need to know that there are two base plans: starter and growth and one exclusive premium plan.

Let’s delve into the particulars.

Starter

Costing $4 per person per month with a $50/month base rate, this plan includes all core HR features for companies just getting started. Here’s what it offers besides admin settings and customer support services:

• Automatic W4s and W9s
• Employee self-service
• New hire tasks and team tasks
• Custom new hire packets
• Employee directory and profiles
• Create PTO policies
• Employee request PTO
• Approve/deny PTO with notification
• Employees clock in and clock out
• Overtime settings and holiday pay rates
• Geo-tagging
• Tablet kiosk app
• Employee and payroll reports

Growth

Growth is the most popular plan, which costs $8 per person per month with a $75 base rate. It’s equipped with all the essentials to support scalable companies.

• Custom new hire packets
• Custom signature documents
• Org chart
• Custom fields
• Document storage
• Custom PTO categories
• Custom Signable documents
• Multi-signer documents
• Record employee training, licenses, permits and certifications
• Assign employees to training record
• Training expiration alerts and notifications
• Custom data fields

Premium

The premium plan is the heart of Eddy EHR, laced with comprehensive tools and services. It is custom-made and accustomed to full-service payroll and hiring services, which the other plans lack. For its rich feature set, it charges a dime.

• Unlimited payrolls per month
• 2-day and 4-day direct deposit
• W2s and 1099s
• Tax filing & remittance
• Next-day pay
• Spreadsheet import
• Post jobs
• Message candidates
• Ratings, comments, reactions
• Hiring Team
• Offer letters
• SMS candidate messaging
• Dedicated customer support representative

Important Note: You can upgrade the base plans by incorporating the payroll and HR add-ons, which cost $6 per person and $199 per month, respectively.

If you don’t fall into the local business category, fret not. We have got you covered.

Paylocity: The Legacy HR Software for Enterprises

Paylocity HR is by far the most compatible and worthy opponent of Eddy HR. It levels up the game of HR teams by empowering them with tech-savvy tools. This unified suite of solutions is driven by innovation, scalability, and customizability, and thus, it packs best-in-class services. Paylocity is not your typical HR tool; it is a platform that manages the entire employee lifecycle.

It serves:

• Education
• Financial services
• Manufacturing
• Non-profit organizations
• Retail and wholesale
• Restaurants
• Transportation and logistics
• Churches religious organizations
• Technology and professional services

To keep it simple, Paylocity HR caters to all-sized businesses and expands its services to enterprises. This is one reason why clients refer to it as legacy HR.

Paylocity At Your Disposal

Paylocity HR blows minds away with its comprehensive nature. It stuns clients with its impeccable feature portfolio that screams perfection. This versatile platform is what you need to embrace a brighter future, as it helps organizations flourish at a fast pace. Besides mobile app and HR reporting, its feature range is divided into the following categories to nurture a meaningful employee experience:

Payroll: Manage expenses, taxes, on-demand payments and garnishment services like a pro using this reliable platform. It saves time and boosts confidence in payroll with enhanced accuracy.

Human Resources: Paylocity will free your HR team from tedious tasks. It incorporates automation into the manual workflow to fuel collaboration and minimize compliance risk. It also helps with employee self-service, provides a holistic view of employee profiles, and ensures centralized data storage.

Workforce Management: With Paylocity, your firm can automate time and labor processes to eliminate unplanned labor costs. It even gives employees the flexibility to check in, use real-time chat, collect time, etc.

Talent Management: Enrich your workforce with a modern onboarding experience by leveraging the talent management suite of Paylocity HR. Drive satisfaction and growth through the organization by offering intuitive learning experiences.

Benefits Administration: Empower employees to experience a straightforward benefit administration experience with Paylocity HR as it streamlines benefits. Maximizing third-party administrative benefits and account activity has never been too easy.

The Cost of Implementation

As the saying goes, nothing comes for free in this world, and Paylocity is no exception. The interesting part is that, unlike many other vendors, the system does not believe in fixed pricing. Instead, it practices custom pricing models and thus sets custom HR and payroll bundles for organizations to meet their personalized requirements. You can request pricing to decipher whether it falls within your budget range.

Final Thoughts: The Deciding Point

This guide elaborates on the meaningfulness of HR solutions and hints at the benefits they provide to a firm. Eddy HR resonates with excellence with its majestic aura. Its compliance, innovation, customizability and diverse feature portfolio make it the center of attention for small and mid-sized businesses. However, it fails to make an impact on enterprises, especially those working on a global scale.

This is where Paylocity HR steals the show with its agility, resilience and unwavering technology. It rules the Digital Business spectrum by serving enterprises at their best. Nonetheless, both these solutions are perfect in their arena. Eddy supports local businesses, and its cost-effectiveness exemplifies that. in contrast, Paylocity covers the entire business spectrum and is richer in features.