Home > HR Management Software > Timeco > Timeco vs Infor HCM

Timeco vs Infor HCM

Last Updated: November 25th, 2024

Our analysts compared Timeco vs Infor HCM based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

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Product Basics

Timeco offers a comprehensive software solution designed to streamline HR management tasks, including time tracking, payroll processing, and employee scheduling. This platform is particularly well-suited for mid-sized to large organizations that require robust and scalable HR tools to manage a diverse workforce efficiently. Users appreciate the intuitive interface and the ability to customize features to fit specific business needs, which enhances overall productivity and compliance.

One of the standout benefits of Timeco is its real-time data analytics, which provides actionable insights into workforce performance and labor costs. This feature is crucial for businesses aiming to optimize their operations and make data-driven decisions. Additionally, the software's integration capabilities with other enterprise systems ensure a seamless workflow, reducing administrative overhead.

Pricing for Timeco typically varies based on the number of users and the specific modules selected, with options for monthly or annual payments. This flexibility allows businesses to scale their investment according to their growth and needs. Compared to similar products, users often highlight Timeco's reliability and customer support as key differentiators, making it a preferred choice for comprehensive HR management.

Infor HCM (formerly Infor Cloudsuite HCM) is a cloud-based product designed to deliver comprehensive capabilities for medium-sized and large organizations. Its core bundle consists of global HR, HR service delivery and talent management. Companies can add on payroll, HCM analytics and workforce management modules on an as-needed basis for extended functionality.

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Product Insights

Improved Efficiency: Automate repetitive HR tasks such as payroll processing and leave management, freeing up time for strategic initiatives.
Enhanced Compliance: Stay up-to-date with labor laws and regulations through automated updates, reducing the risk of non-compliance penalties.
Data-Driven Decisions: Utilize comprehensive analytics and reporting tools to make informed decisions based on real-time data.
Employee Self-Service: Empower employees to manage their own information, such as updating personal details and accessing pay stubs, reducing administrative workload.
Streamlined Recruitment: Simplify the hiring process with integrated applicant tracking, from posting job openings to onboarding new hires.
Performance Management: Track and evaluate employee performance with customizable appraisal systems, fostering a culture of continuous improvement.
Cost Savings: Reduce overhead costs by minimizing manual processes and errors, leading to more efficient resource allocation.
Scalability: Easily scale the software to accommodate business growth, ensuring it meets the evolving needs of your organization.
Centralized Information: Maintain a single source of truth for all HR-related data, improving accuracy and accessibility.
Enhanced Security: Protect sensitive employee information with robust security measures, including encryption and access controls.
Improved Employee Engagement: Foster a positive work environment with tools for feedback, recognition, and career development.
Customizable Workflows: Tailor the software to fit your specific business processes, enhancing operational efficiency.
Reduced Paperwork: Transition to a paperless environment with digital document management, reducing clutter and environmental impact.
Time Tracking: Accurately monitor employee hours and attendance, ensuring fair compensation and compliance with labor laws.
Integration Capabilities: Seamlessly integrate with other business systems, such as accounting and project management software, for a unified workflow.

Make Decisions Rooted in Scientific Data: With Infor HCM Talent Science capabilities, HR executives can make smarter hiring decisions. The solution relies on objective data so users can identify top talent that’s best suited for the organization. This leads to higher retention, improved performance and more accurate development.
View Real-Time Data: The software provides real-time data that is accessible from any location via mobile, tablet and desktop devices. This gives you up-to-date information and more accurate visibility into key metrics. You can control how you share that data with partners, suppliers and other parties as well.
Save Time on Recruiting Tasks: The solution incorporates automation that handles the resume screening and application review process. The AI tool can scan documents and make preliminary candidate assessments based on a candidate’s past experiences, skill sets and more, removing the burden of manually completing these repetitive tasks.
Simplify Time Tracking: The Workforce Management module allows you to automate the process of tracking contractor hours compared to labor allocations. You can also manage time-off accruals for specific countries. You have the flexibility to configure the settings for each geographic location where your company operates.
Ensure Proper Training: Infor HCM provides tools to deliver learning materials across the organization. It also enables business leaders to identify employees who are good candidates for leadership development and succession planning. Self-directed learning is accessible through employees’ personal learning space in the cloud. They can collaborate with instructors and other learners as well as engage in exercises in a simulated on-the-job environment.
Seamlessly Execute Global Payroll: Infor ION integration technology provides bi-directional, real-time data integration between Infor HCM and payroll partners. Elements like data mappings that are specific to each country help streamline the integration process. A point-and-click interface makes it easy to manage your integrations. The system also supports modifications or additional integrations that don’t require IT expertise or third-party consultants so that you can drive down TCO.
Personalize the Platform: You can control various elements of the system to give employees relevant information across different activities and to meet their unique needs.
Use Adaptive Notifications and Workflows: Infor Process Automation (IPA) adds business process management (BPM) capabilities to the solution. With it, your company can control, measure and automate business processes from people to systems, systems to systems, and people to people. IPA enables you to put a review and approval workflow into place that spans multiple steps and levels. A drag-and-drop interface allows you to build notifications and workflows with ease.

Time Tracking: Accurately monitor employee hours with real-time data capture and automated timesheet generation.
Payroll Integration: Seamlessly connect with major payroll systems to ensure timely and accurate compensation.
Employee Scheduling: Create, modify, and distribute work schedules with ease, while considering employee availability and labor laws.
Leave Management: Streamline the process of requesting, approving, and tracking employee leave, including vacation, sick days, and other absences.
Mobile Access: Enable employees and managers to access the system from any device, ensuring flexibility and convenience.
Compliance Tracking: Stay compliant with labor regulations by automatically updating and applying relevant rules and policies.
Reporting and Analytics: Generate detailed reports and gain insights into workforce metrics, such as attendance patterns and overtime trends.
Employee Self-Service Portal: Empower employees to manage their own information, including personal details, timesheets, and leave requests.
Customizable Workflows: Tailor the system to fit your organization's specific processes and approval hierarchies.
Biometric Integration: Enhance security and accuracy with biometric time clocks that use fingerprint or facial recognition technology.
Notifications and Alerts: Keep everyone informed with automated notifications for schedule changes, leave approvals, and other important updates.
Data Security: Protect sensitive information with robust security measures, including encryption and role-based access controls.
API Access: Integrate Timeco with other business systems through a comprehensive API, ensuring seamless data flow across platforms.
Geofencing: Utilize location-based technology to ensure employees clock in and out only when they are within designated work areas.
Task Management: Assign and track tasks to ensure project deadlines are met and productivity is maintained.

Talent Management: Infor HCM has a range of features that help support your organization’s talent management. It includes talent acquisition, onboarding, goal development, succession management, performance tracking, compensation and learning management. You can also integrate the Talent Science solution for greater insight.
Global HR: Your organization can use features in this module to manage HR functions such as benefits management, budgeting, absence and time entry, organizational structure, employee safety and occupational health.
Payroll: The Payroll add-on module lets you complete payroll processing for the U.S. and Canada. It integrates personnel information with benefits, absence, compensation, employee self-service and time-entry management. Additional capabilities include ACH, W-2s and a tax engine that takes laws, rates and limits into account.
Workforce Management: With this add-on, you can manage scheduling, record time and attendance, monitor the performance of your workforce and optimize employee workloads. It also helps your scheduling remain compliant with government, union and corporate standards.
Reporting: The system’s analytics capabilities are powered by the Birst Analytics BI platform. This provides reports and insight into people analytics and operational metrics so you can analyze important KPIs and make informed decisions.
HCM Analytics: This set of tools assists in acquiring talent, measuring labor productivity, ensuring effective staffing and making data-based decisions.
HR Service Delivery: This module consists of a case management system and personalized knowledgebase. Together, they allow your organization to provide service internally.
Security: Infor HCM relies on the security provided by Amazon Web Services (AWS) and adheres to strict industry guidelines such as ISO/IEC 27001, HIPAA, GLBA, PCI, SOX, regional privacy laws, etc. Additionally, it provides restricted access and encryption via secure FTP, PGP and TLS/SSL.
Self-Service: The solution offers self-service tools for employees and managers, which includes 24/7 access to personalized information based on each user’s role. For example, employees can view their calendar and pay stubs while managers can approve requests, access an org chart and manage performance reviews.

Product Ranking

#90

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#12

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Analyst Rating Summary

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User Sentiment Summary

93%

of users recommend this product

Timeco has a 'excellent' User Satisfaction Rating of 93% when considering 8 user reviews from 1 recognized software review sites.

83%

of users recommend this product

Infor HCM has a 'great' User Satisfaction Rating of 83% when considering 75 user reviews from 4 recognized software review sites.

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4.1 (23)

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Awards

Synopsis of User Ratings and Reviews

Easy to Use: Users consistently praise Timeco's intuitive interface, making it simple to navigate and manage employee information, even for those with limited HR experience.

Comprehensive Features: Timeco offers a wide range of features, including time and attendance tracking, payroll processing, performance management, and employee onboarding, providing a one-stop solution for HR needs.

Mobile Accessibility: The mobile app allows HR professionals to access and manage employee data from anywhere, anytime, enhancing flexibility and responsiveness.

Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Timeco's customer support team, providing timely assistance and resolving issues efficiently.

Unified Dashboard: 57% of users who refer to capabilities found that the platform offers all necessary tools to facilitate essential tasks such as accounting, payroll, database management and statutory compliance, available on a central dashboard.

Document Accessibility: Seamless integration with finance, payroll and supply chain lets users remotely access all their documents in one place, from any location or device, according to 100% of user reviews mentioning accessibility.

Employee Satisfaction: All reviewers who reference this element stated that Infor HCM enables employee concerns to be heard, resulting in higher employee satisfaction.

User-Friendly: The software is easy to use and has an intuitive layout that makes it easy to manage even large teams, according to 60% of users who refer to ease of use.

Limited Mobile Functionality: Some users have reported that the mobile app lacks key features, making it difficult to manage tasks and access information on the go. For example, approving time off requests or viewing employee schedules can be cumbersome on the mobile app.

Steep Learning Curve: The software's interface can be complex and overwhelming for new users, requiring significant time and effort to master. This can lead to frustration and slow adoption, especially for employees who are not tech-savvy.

Lack of Customization: The system may not offer enough flexibility to tailor it to specific business needs. For instance, some users have found it difficult to customize reporting dashboards or create custom workflows to fit their unique processes.

Integration Challenges: Integrating Timeco with other HR systems or third-party applications can be challenging, leading to data inconsistencies and workflow disruptions. This can be a major pain point for businesses that rely on a connected ecosystem of HR tools.

Lags Frequently: According to 100% of user reviews who mention this feature, the software frequently lags - such as when responding to questions or syncing changes - resulting in less productivity.

Lacks Advanced Functions: All user reviews that mention this aspect indicated that the software lacks several advanced features including time tracking for the sales team, PTO management and employee recruiting.

Limited Customization: All reviewers who mention this feature found the ability to customize the software to their requirements lacking.

Slow Implementation: The initial implementation of the software takes some time, according to all reviews that reference implementation.

Is Timeco truly timely in addressing the needs of HR departments? User reviews from the past year paint a somewhat mixed picture. Some users praise Timeco's intuitive interface and robust reporting features, finding it a significant upgrade from previous HR management systems they've used. For example, many appreciate the streamlined onboarding process and the ease with which they can generate custom reports on employee data. However, a recurring complaint centers around Timeco's limited integrations with other software, particularly payroll and benefits platforms. This lack of interoperability necessitates manual data entry, which some users find cumbersome and time-consuming. Ultimately, Timeco seems best suited for small to medium-sized businesses with straightforward HR needs. Its user-friendly design and comprehensive core features make it a solid choice for managing essential HR functions. However, companies with more complex requirements or those heavily reliant on integrated systems might find Timeco's limitations frustrating.

Infor HCM provides a comprehensive bundle of capabilities including talent management, HR service delivery and global HR, with the option to add other modules such as workforce management and HCM analytics as needed. Frequent lags do occur, however, leading to downtime and lower productivity. It also presents a steep learning curve and lacks some basic HR features, which is something to consider before making a choice. That said, it promotes employee engagement and offers an intuitive experience, with extensive accessibility and critical HR tools.

Screenshots

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FAQ

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