Namely VS BambooHR - Jun 2024

Shlomi Lavi / updated: Jun 03, 2024

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Functionality

Namely and BambooHR both offer HR software solutions that include features for managing employee data, payroll, benefits, and time off.

One key difference is that Namely provides additional features like performance management and goal setting, while BambooHR focuses more on core HR functions.

Namely allows for customization and flexibility in creating workflows and forms, whereas BambooHR offers a more streamlined and user-friendly interface.

Both platforms offer employee self-service portals for tasks like updating personal information and accessing pay stubs.

When it comes to reporting capabilities, Namely provides more advanced analytics tools compared to BambooHR.

Pros and Cons

Namelys pros include robust performance management features and customizable workflows, but its cons are a higher price point and a steeper learning curve.

BambooHRs pros are its user-friendly interface and affordability for small to mid-sized businesses, while its cons are limited customization options and fewer advanced features.

Pricing

Namelys pricing plans start at $12 per user per month, with an estimated total cost of $144 for 1 user, $1,440 for 10 users, and $14,400 for 100 users.

BambooHRs pricing plans start at $6.19 per user per month, with an estimated total cost of $74.28 for 1 user, $742.80 for 10 users, and $7,428 for 100 users.

User Interface

Namely offers a more customizable desktop interface, while BambooHR provides a more intuitive and clean design.

Both platforms have mobile interfaces that allow users to access essential HR functions on the go.

Integration

Namely offers integrations with popular tools like Slack, ADP, and Google Apps, while BambooHR integrates with platforms such as Zapier, Greenhouse, and Paylocity.

Both platforms support integrations with accounting software like QuickBooks and Xero, as well as with time tracking tools.

Scalability

Namely is designed to scale with growing businesses and can accommodate a larger number of users compared to BambooHR.

BambooHR is more suited for small to mid-sized businesses and may face limitations in scalability for larger organizations.

Security

Both Namely and BambooHR prioritize data security and have received certifications like SOC 2 compliance.

Namely has won awards for its security measures, while BambooHR is known for its reliable encryption protocols.

Reporting and Analytics

Namely offers comprehensive reporting tools that include insights on employee performance, turnover rates, and compensation data.

BambooHR provides standard reports on employee demographics, time off balances, and benefits enrollment.

Support and Maintenance

Namely offers a dedicated support team with SLAs for issue resolution, along with live chat and extensive documentation.

BambooHR also provides reliable support with SLAs, though some users report longer wait times for responses compared to Namely.

Training and Implementation

Namely typically requires a longer implementation timeline due to its customization options, with additional costs for tailored training programs.

BambooHR has a quicker implementation process and offers basic training included in the pricing, making it more accessible for smaller businesses.

Flexibility

Namely supports growth and can adapt to changing business needs, making it suitable for companies looking to scale rapidly.

BambooHR may have limitations in accommodating substantial growth or complex HR workflows due to its more straightforward design.

Data Migration

Both Namely and BambooHR provide assistance and tools for data migration, though the complexity of the process can vary depending on the volume of data and customization requirements.

Mobile Access

Both platforms offer mobile access through dedicated applications or responsive web interfaces, providing a seamless user experience on smartphones and tablets.

Cloud-based or On-premise

Both Namely and BambooHR are cloud-based solutions, offering the advantage of accessibility and automatic updates without the need for on-premise infrastructure.

Vendor Reputation

Namely was launched in 2012 and serves a diverse customer base, while BambooHR, established in 2008, focuses on small to mid-sized businesses.

Namely has received industry recognition for its innovative approach to HR software, whereas BambooHR is known for its user-friendly platform and customer service.

Industry Certifications

Namely has received awards for its HR technology and security features, while BambooHR has been recognized for its user experience and overall performance in the HR software market.

User Reviews

Namely and BambooHR both have positive user sentiment, with users praising the platforms for their ease of use, customer support, and range of features.

On a scale of 1 to 100 for user sentiment, Namely scores an average of 85, while BambooHR scores an average of 80 based on online reviews.

Technical Requirements

Both Namely and BambooHR have minimal technical requirements, with no special servers or infrastructure needed, making them easy to deploy for most businesses.

Implementation Timeline

Namelys implementation timeline can range from several weeks to a few months, depending on customization needs and data migration complexity, with vendor support available throughout the process.

BambooHR typically has a shorter implementation timeline of a few weeks, with straightforward setup and training resources provided by the vendor.

Vendor Stability and Compliance

Both Namely and BambooHR are established vendors in the HR software industry, with solid track records of compliance with data protection regulations and industry standards.