This RadarView™ assists enterprises in selecting the appropriate HCM vendor to address payroll, recruitment, onboarding, learning and career development, and workforce management challenges. It begins with a summary of key trends shaping the supply side of the market. It continues with a detailed assessment of 14 major human capital management (HCM) platform vendors. Each profile provides an overview of the vendors, their key products and modules, and a list of clients and partnerships, along with brief client case studies. Each profile concludes with analyst insights on the vendor’s product maturity, enterprise adaptability, and innovation road map.
Why read this RadarView?
Cloud HCM vendors are integrating generative AI to automate recruitment processes, deploying autonomous agents to manage employee inquiries, validate payroll information, and maintain regulatory compliance. Through strategic partnerships, vendors integrate third-party solutions and capabilities such as extended reality and customer relationship management (CRM). HCM vendors are expanding their horizontal solution offerings, focusing on automated data flows, workforce optimization, and advancement of career and talent development.
The Cloud HCM Suites 2024–2025 RadarView™ highlights key supply-side trends in the HCM platforms space and Avasant’s viewpoint. It aids companies in identifying top vendors to assist them in their HCM adoption journeys. It also analyzes each vendor’s capabilities in technology and delivery support, enabling organizations to identify the right strategic partners for HCM adoption.
Featured providers
This RadarView includes a detailed analysis of the following HCM vendors: ADP, BambooHR, Cornerstone, Darwinbox, Dayforce, Infor, Microsoft, Oracle, Paycom, Paylocity, Sage, SAP, UKG, and Workday.
Methodology
Our evaluation of platform vendors is based on public disclosures and Avasant’s ongoing market interactions. The assessment is across the three dimensions of product maturity, enterprise adaptability, and innovation road map, leading to our recognition of those vendors that have brought the most value to the market over the past 12 months.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–9)
-
- Definition and scope of cloud human capital management suites
- Avasant recognizes 14 top-tier vendors supporting enterprise adoption of cloud HCM suites
- List of cloud HCM suite vendors evaluated
- Cloud HCM suite vendor comparison
Supply-side trends (Pages 10–14)
-
- Over the past 18 months, there has been a growing focus on solutions tailored to the manufacturing, retail, healthcare, and construction industries.
- Cloud HCM vendors continue to expand on their horizontal solution offerings, focusing on payroll, employee engagement, and talent development.
- Cloud HCM vendors are forging alliances to integrate third-party solutions and capabilities, including Microsoft Teams, XR, and CRM.
- Cloud HCM vendors are using Gen AI to enhance employee support, self-service, recruitment processes, learning and development, and payroll compliance.
Vendor profiles (Pages 15–43)
-
- Detailed profiles for ADP, BambooHR, Cornerstone, Darwinbox, Dayforce, Infor, Microsoft, Oracle, Paycom, Paylocity, Sage, SAP, UKG, and Workday.
Appendix (Pages 44–47)
-
- RadarView assessment
- Research methodology and coverage
- Interpretation of classification
Key contacts (Page 48)
Read the Research Byte based on this report. Please refer to Avasant’s Cloud HCM Suites 2024–2025 Market Insights™ for detailed insights on the demand-side trends.