Workforce Analytics Software
Workforce Analytics Software Overview
Top Rated Workforce Analytics Products
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These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.
Workforce Analytics Software TrustMap
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TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.
Workforce Analytics Products
(1-25 of 57) Sorted by Most Reviews
The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across…
Key Features
- Forecasting (200)93%9.3
- Scenario modeling (201)91%9.1
- Management reporting (199)78%7.8
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
Key Features
- Forecasting (155)92%9.2
- Financial budgeting (160)89%8.9
- Management reporting (160)88%8.8
ActivTrak headquartered in Austin provides their workforce behavior and performance tracking analytics solution.
Key Features
- Automated data collection (100)86%8.6
- Data analysis (100)79%7.9
- Data management (93)77%7.7
BOARD is a business decision-making platform for organizations of any size. BOARD hosts several business modeling, planning, and analysis all in one cloud-based platform.
Key Features
- Customizable dashboards (83)94%9.4
- Drill-down analysis (87)90%9.0
- Formatting capabilities (85)90%9.0
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed…
Key Features
- Financial budgeting (68)97%9.7
- Forecasting (68)94%9.4
- Mobile Application (73)81%8.1
SAP SuccessFactors is a suite of HR/HCM products covering these capability areas: core HR and payroll, recruiting and onboarding, learning and development, performance and compensation management, workforce analytics and planning, and employee experience management.
Key Features
- Individual goal setting (42)84%8.4
- Review status tracking (43)83%8.3
- Performance plans (42)79%7.9
The PI Behavioral Assessment™ is a simple yet effective assessment that is broken down into four primary behavioral factors, or core drives. These core drives and their relation to each other create a behavioral pattern that provides a framework for understanding the workplace behaviors…
Key Features
- Data analysis (29)97%9.7
- Predictive analytics (27)96%9.6
- Data integration (25)76%7.6
An aspirant leader in Workforce Planning and Analytics, Visier offers technology built to deliver fast, clear people insight, starting with the right questions. With best-practice expertise built-in, users can take action and understand gaps in the data. By connecting all the right…
Key Features
- Data analysis (41)84%8.4
- Automated data collection (41)79%7.9
- Data integration (41)74%7.4
Workday Prism Analytics extends the core capabilities of Workday. The product promises to allow users to generate finance and HR insights from any data source, all within Workday, and securely distribute it to the entire organization. Workday Prism Analytics includes data preparation,…
Key Features
- Data management (12)91%9.1
- Data integration (12)88%8.8
Hatica equips engineering teams with work visibility dashboards, actionable insights and effective workflows to drive team productivity and engagement in remote and in-office environments alike. The vendor offers a free forever plan to help get started quickly. Features:Engineering…
Key Features
- Benchmarking (10)93%9.3
- Data analysis (10)92%9.2
- Report designer (10)89%8.9
ChartHop, from the company of the same name in New York, is an organization management platform, providing org chart that integrates with HRIS systems, workforce analytics with custom reporting, and tools to support people and succession planning, compensation plans, and process…
Key Features
- Automated data collection (5)79%7.9
- Report designer (5)77%7.7
- Data analysis (5)74%7.4
Learn More About Workforce Analytics Software
What is Workforce Analytics Software?
Workforce analytics software (WFA) applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM). Workforce analytics focus on metrics and analyses that enable data-based decision-making around labor and workforce decisions across an enterprise or business with a large workforce. They can inform decision-making most commonly in areas like:
- Hiring
- Retention
- Performance and productivity management
- Succession planning
- Multi-location workforce optimization
Workforce analytics is closely related to other analytics-focused areas of HR, such as people analytics and performance management. The key difference between workforce analytics and other forms of HR analytics is the scope. Most analytics or management systems are focused on the individual level, while workforce analytics are primarily concerned with company-wide workforce insights and marco-level planning.
By focusing on aggregation and workforce-wide analytics, WFA products are able to more actively leverage machine learning and AI. These more advanced methods allow some workforce analytics products to better generate predictive insights and highlight areas for improvement and workload optimization. Workforce analytics are increasingly leveraging these capabilities to generate insights into remote or distributed workforces.
Workforce Analytics Features and Capabilities
Workforce analytics capabilities can be found in a variety of different types of products. However, workforce analytics products should have most or all of these common capabilities:
- Automated data collection
- Data Analytics
- Data integration across HR systems
- Predictive analytics
- Benchmarking
- Reporting
- Pre-built analytics content
- Data management
- Self-serviceable insights
Different Product Types
Some products in this category are human capital management (HCM) suites that combine Core HR, Workforce Management and/or Talent Management applications and provide tools for analyzing that data that lives within them.
Other products in this category include point solutions that pull in data from recruiting, time & attendance, performance, payroll, and other systems to allow users to visualize and report on worker-related trends. Some workforce analytics products specialize in productivity management and analytics. These products track employee’s activities throughout the workday, or import that day from another tool, then aggregate it to generate workforce-wide insights.
A third type of product in this category allows users to input/collect a specific type of worker-related data and analyze/visualize that data within the tool. For example, OrgMapper is focused on analyzing employee communication patterns to chart collaboration pathways and networks, whereas PI Behavioral Assessment focuses on analyzing behavioral styles of current and prospective employees.
Workforce Analytics Comparison
When comparing workforce analytics software, consider these factors:
- Point solution vs. HCM suite: Many Human Capital Management (HCM) suites have built out workforce analytics modules in recent years that can natively integrate with the rest of the platform. However, these capabilities usually come as a package deal with the rest of the suite and aren’t sold separately. For businesses that are happy with their existing core HR software and don’t want to switch, adopting a point solution on top of their existing systems may be a better fit.
- Industry-specific vs. general-use: Some workforce analytics products are focused on specific industries with unique workforces, such as retail, restaurants, or call centers. Businesses in these industries may benefit from one of the industry-tailored analytics tools, while other industries may prefer a more generally-applicable package.
- Ease of analytics: Workforce analytics bring a more complex level of data analytics to HR, and may have larger learning curves to be usable as a result. However, workforce analytics providers have been making their products more accessible to the broader HR user base with fewer data analytics skills. Consider what knowledge base the company’s HR team has, and ensure that each product in consideration meets that skill level. User reviews will likely give the best insights into this outside of a trial or demo.
Pricing Information
Workforce analytics pricing will change dramatically depending on whether it is part of an HCM suite or a standalone analytics tool. Standalone workforce analytics software is usually priced from $5-15 per user or employee, per month. For enterprises or businesses with large workforces, this can lead to subscription costs upwards of $150k, but smaller organizations’ costs can be much lower.
Workforce Analytics Software Best Of Awards
The following Workforce Analytics Software offer award-winning customer relationships, feature sets, and value for price. Learn more about our Best Of Awards methodology here.
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