Workforce Ready Vs Namely (Sep 2020)

Shlomi Lavi / Sep 07, 2020

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Looking for the right Human Resources solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.

Namely : Namely is the leading HR platform for the world's most exciting companies. Based in New York, the company was founded in 2012 by Matt Straz, the serial entrepreneur and former media executive. Today, Namely is in use in over 20 countries and offers a full suite of HR tools including HRIS, payroll, benefits administration and performance management. View Our Core Values or check out our blog to learn more. Namely has raised $10 million in funding from True Ventures, Lerer Ventures, Bullpen Capital, and others.

Pricing/cost comparison

The real cost of Human Resources software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Workforce Ready TCO and Namely total cost to help with the total cost of ownership calculation.

Workforce Ready price Starting from $6 per user/month , on a scale between 1 to 10 Kronos Workforce Ready is rated 2, which is much lower than the average cost of Human Resources software. Namely price Starting from $15 per employee/month , when comparing Namely to their competitors, the software is rated 6 - similar to the average Human Resources software cost.

Bottom line:Namely is more expensive than Workforce Ready.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Workforce Ready Vs. Namely based on some of the most important and required Human Resources features.
Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting, Timesheet, Biometric, Labor Cost Reporting, ..
Namely list of features include the following: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management, .

Target customer size

Kronos Workforce Ready is specifically designed for small and midsize businesses who want to automate most of their workforce management processes with great features like real-time employee data and scheduling. and Namely's target customer size include: Small business, Medium business.