Home > HR Management Software > BambooHR > BambooHR vs Timeco

BambooHR vs Timeco

Last Updated: November 18th, 2024

Our analysts compared BambooHR vs Timeco 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

BambooHR is an HRMS designed for small and medium-sized businesses, and provides solutions for organizations in all industries. Based in the cloud, it streamlines data collection throughout the employee lifecycle, warehousing relevant information in a centralized database to make it easily accessible for managers and individual employees.

It facilitates hiring, onboarding, compensation administration, performance management, provides employee self-service capabilities and everything in-between. It allows organizations to make customizations, set multiple administrators and maintain inactive employees.

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.

$175 Monthly, quote-based

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$4/User, Monthly

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Product Assistance

Documentation

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Videos

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24/7 Live Support

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Product Insights

Apps Marketplace: Find official partner integrations and solutions in a unified location to choose add-ons that make BambooHR a more robust solution.
Employee Self-Service: Employees can log in to view personal information, including time off balances, benefits information and the employee directory. Administrators can set reminders to notify employees when they have documents ready to e-sign or other tasks to complete.
Ensure Privacy: Administrators can set permissions to allow employees to view and edit their personal information while restricting access to other sensitive data. Ensures that all individual employee information is kept private and protects important company information from employees who don’t need to see it.
Live Support: Access live chat and phone support Monday through Friday, from 6 a.m. to 6 p.m. daily.
Progress Tracking: Gain visibility into the progress of individual projects and activities to oversee workflows and approvals, as well as which individuals have completed them.
Security and Peace of Mind: Guarantees enterprise-level data security for any data that is housed within the system, ensuring compliance for organizations with security needs.
Self Onboarding: Enable employees to e-sign and complete documents as well as enter their own information to streamline the onboarding process and free up managers to focus on other important tasks. Employees and new hires can also send introduction emails to meet team members before the newest employee starts their first shift.

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.

Applicant Tracking System (ATS): Allows recruiters to post jobs to popular job sharing sites and social media. Sends alerts to notify recruiters as candidates move through the application process and offers in-app messaging features to answer candidate questions directly.
Overtime Compliance: Checks overtime regulations in all 50 states and territories, ensuring compliance.
Benefits Administration: Provides an option to set a variable rate health plan or enable users to sync with Maxwell Health, a third-party benefits administration outsourcer.
Calendars: Generate a “Who’s Out” calendar to track which employees are out on sick leave or PTO. Integrates with popular third-party calendar apps such as Google Calendar, iCalendar and Outlook Calendar, enabling employees to synchronize their devices so they can easily view who will be available and when.
Custom Workflows: Build data entry workflows that allow different individuals to be assigned to tasks and enter information. Up to five different individuals can make changes and approve workflows.
Employee Reviews: Measure employee satisfaction and see how to boost employee engagement via anonymous scorecards that allow employees to evaluate the workplace. Combines eNPS and intelligent feedback analysis to gauge all aspects of the employee experience.
Inbox Notifications: Alerts managers when an employee submits a time off request and reminds managers when they need to take action, such as approving or denying these requests.
Mobile Capability: Provides desktop benefits from anywhere. Android and iOS-compatible apps allow employees to view time off balances, request time off, view company directories, contact employees via direct message and more.
Offboarding Alerts: Send reminders to system administrators and managers to ensure that all aspects of the offboarding process are completed before an employee leaves their position and it’s too late.
Performance Management Add-On: Allows employees to leave peer reviews through an objective feedback questionnaire to provide more robust evaluations. Aids managers in evaluating and comparing employee performance on an individual and departmental level, as well as across the entire company.
Streamlined Reporting: Quickly generate a variety of reports including EEO-1 via the library of built-in reports. Set custom permissions to keep confidential information safe and then share reports with an unlimited number of individuals for review.
Time Off Calculator: Employees can check their current PTO balances, see any upcoming time off that they have scheduled and make PTO calculations with the in-app calculator to determine how much PTO they will accrue in the future.
Time Tracking: Allows employees to clock-in and clock-out for shifts as well as view their timesheets. Alerts remind employees and managers to keep their timesheets up to date with accurate hours and approve timecards when necessary.

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.

Product Ranking

#38

among all
HR Management Software

#90

among all
HR Management Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

BambooHR

Timeco

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50%

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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

BambooHR

Timeco

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75%

25%

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100%

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100%

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User Sentiment Summary

91%

of users recommend this product

BambooHR has a 'excellent' User Satisfaction Rating of 91% when considering 4948 user reviews from 6 recognized software review sites.

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.

5.0 (38)

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4.4 (1048)

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4.58 (1773)

4.63 (8)

4.6 (1589)

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4.6 (272)

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4.3 (228)

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Awards

Synopsis of User Ratings and Reviews

Ease to Use: BambooHR has an intuitive and user-friendly interface, according to 100% of reviews on the UI.

Leave and Attendance Management: 85% of reviews on leave and ATS indicated that it’s quick and efficient for recording and updating these details.

Employee Self-Service: 100% of reviews mentioning self-service observed that it helps easily update personal information, view job history, and generate pay stubs and benefits information.

Onboarding: Automated workflows make the onboarding experience simpler and faster, according to all reviews referring to this aspect.

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.

Lacks Crucial Tools: Lacks functions such as attaching documents for employee benefits, restrictions on editing employee forms once saved and more, according to all reviews on this element.

Custom Report Filters: According to 100% of reviews on reports, it doesn't provide any option to customize report filters.

Payroll Processing and Management: All reviews mentioning this element noted that the software lacks an in-house tool for payroll processing and management.

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.

BambooHR provides hiring, onboarding, compensation administration, performance management and employee self-service capabilities to companies of all sizes and industries. Reviews suggest that it has an intuitive and easy-to-use interface. Employee self-service and a simplified onboarding experience are some noteworthy capabilities. The most repeated drawbacks include the absence of crucial functionality and the inability to customize report filters. Moreover, in-house payroll processing and management isn’t included. It can be a solid choice for companies willing to integrate with a third-party payroll provider.

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.

Screenshots

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FAQ

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