Zenefits offers a free “core HR” solution (yes, actually free) that includes most of the features you’d expect to see in a best-of-breed app: onboarding, ACA compliance, PTO tracking, employee directory, and basic reporting. Zenefits now boasts over 20,000 small business customers in the U.S., including BetterCloud, FiscalNote, and DUFL. They’ve received over $583 million in venture funding from a number of different firms. Between 20, the company grew revenue by a factor of 20. Zenefits found its roots a year later as a benefits administration platform and insurance brokerage serving the small business and startup community. Notable customers include, Vox Media, and Upwork. Although still a private company, they’ve secured contracts with over 500 clients. Since then, Namely has raised over $100 million in venture funding. become strategic drivers of employee culture and engagement.” Namely was founded in 2012 by Matt Straz as a solution designed to “free people from the shackles of back-office HR administration,” and help them “. Zenefits based on systems, pricing, features, and brokerage services. To help you decide which is right for your business, we’ll compare Namely vs. Both of their solutions are an affordable way to simplify human resource management and get away from paperwork, but they have different strengths and different price tags. These two cloud-based vendors, although young, have become favorites among small-business and some mid-market HR teams. If you’re shopping for HR software, you’ve probably come across Namely and Zenefits. Others are considering a purchase for the first time.ĪLSO READ: Best HR Software for Small Business Modern solutions are more affordable, easier to install, and require very little maintenance, which means many companies are ditching their legacy systems for sleeker, faster options. Human resources software is anything but immune to this decade’s surge of cloud and mobile innovation and the software-as-a-service revolution.
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