THRIVE HCM - Top Competitors (Jun 2023)

Shlomi Lavi / updated: Jun 04, 2023

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THRIVE HCM vs. Alternatives in 2024

Comparing Thrive HCM with five alternatives will provide you with a broader perspective on the differences and similarities between these solutions. Let's examine the following alternatives and compare them to Thrive HCM:

1. Workday HCM:

   • Features: Both Thrive HCM and Workday HCM offer comprehensive HR solutions, including payroll management, benefits administration, talent management, and analytics. They both provide self-service portals and mobile apps for employees.
   • Pricing: Pricing for Workday HCM tends to be higher, often suitable for mid-sized to large enterprises, as it starts from $99 per user per month.
   • Vendor Size: Workday is a larger company compared to Thrive HCM, with a broader market presence and more extensive resources.
   • Customer Type: Workday HCM primarily targets mid-sized to large enterprises across multiple industries.
   • Cost of Implementation: Both solutions require implementation and may involve additional costs based on the complexity of the organization's HR processes and data migration requirements.

2. BambooHR:

   • Features: BambooHR focuses on core HR functions like employee data management, time off tracking, and onboarding. While both BambooHR and Thrive HCM offer self-service portals, Thrive HCM provides more extensive functionalities like payroll and talent management.
   • Pricing: BambooHR offers tiered pricing based on the number of employees, while Thrive HCM typically offers more customization in pricing based on specific business needs.
   • Vendor Size: BambooHR is a well-established HR software provider but may have a smaller market presence compared to Thrive HCM.
   • Customer Type: BambooHR caters to small and medium-sized businesses in various industries.
   • Cost of Implementation: BambooHR generally has a shorter implementation timeline compared to Thrive HCM, which may result in lower implementation costs.

3. ADP Workforce Now:

   • Features: Both ADP Workforce Now and Thrive HCM provide comprehensive HR solutions, including payroll, benefits, time and attendance, and talent management. Thrive HCM emphasizes user-friendly interfaces and customizable reporting, while ADP Workforce Now offers additional features like tax compliance services.
   • Pricing: ADP Workforce Now pricing commences at $62 per month.
   • Vendor Size: ADP is a global leader in HR and payroll solutions, with a large customer base and extensive resources.
   • Customer Type: ADP Workforce Now serves mid-sized to large enterprises across various industries.
   • Cost of Implementation: Implementation costs for both solutions may vary based on the complexity of HR processes and data migration requirements.

4. Namely:

   • Features: Namely offers similar HR features as Thrive HCM, including payroll, benefits, time and attendance, and performance management. Both platforms emphasize user-friendly interfaces and self-service options.
   • Pricing: Namely typically offers pricing based on the number of employees, and their plans may be more suitable for mid-sized businesses. Their pricing lies between $16 to $25 PEPM.
   • Vendor Size: Namely is a smaller HR software provider compared to Thrive HCM, but it has a dedicated customer base.
   • Customer Type: Namely serves mid-sized businesses across various industries.
   • Cost of Implementation: Implementation costs for both solutions may vary based on the complexity of HR processes and data migration requirements.

5. Kronos Workforce Ready:

   • Features: Kronos Workforce Ready and Thrive HCM provide similar HR functionalities, including payroll, time and attendance, HR management, and talent management. Both solutions offer self-service portals for employees.
   • Pricing: Kronos Workforce Ready pricing begins at $6 per employee per month.
   • Vendor Size: Kronos, a subsidiary of UKG, is a well-established workforce management solutions provider with a large customer base.
   • Customer Type: Kronos Workforce Ready serves mid-sized to large enterprises across multiple industries.
   • Cost of Implementation: Implementation costs for both solutions may vary based on the complexity of HR processes and data migration requirements.

It's important to note that specific pricing and implementation costs will depend on the size of your organization, customization requirements, and the level of support needed. 

THRIVE HCM's Free Alternative

OrangeHRM is an open-source HR management software that offers a free community edition. It provides features such as employee information management, leave management, time and attendance tracking, and basic reporting. It can be customized and integrated with other systems.

THRIVE HCM Best Alternative for Small Business

Zenefits is an all-in-one HR platform that caters to small and medium-sized businesses. It offers features such as employee onboarding, benefits administration, time and attendance tracking, and compliance management. What sets Zenefits apart is its emphasis on automation, enabling small businesses to streamline HR processes and reduce administrative overhead. Zenefits also provides a marketplace of integrated apps and services, allowing businesses to expand functionality as they grow. The pricing structure is based on a per-employee, per-month model, offering flexibility and cost-effectiveness for small businesses.