Eddy vs. BambooHR HR Software Comparison
By Eddy Team — Update May 2024
What’s Similar
Both Eddy and BambooHR offer core HR functionalities, along with payroll processing and some level of applicant tracking and recruiting tools. They are both designed to streamline HR tasks and integrate various aspects of human resources management into a cohesive platform.
But how do you decide which HR software is right for your business? Below, you can compare Eddy with BambooHR and decide which platform works best for your HR and payroll needs.
Where Eddy Shines
While both Eddy and BambooHR have many similarities, Eddy really shines in ways that make it a much better fit for businesses when it comes to a few key areas:
1. Hiring & Onboarding
Eddy’s comprehensive Hiring tool is much more robust than BambooHR’s. While both tools include job distribution and promotion, BambooHR limits the number of jobs that can be posted.
Also while BambooHR does offer a mobile app for its Applicant Tracking System, it is a separate app that must be downloaded in addition to the main app. However in Eddy, Hiring is fully integrated into Eddy’s one mobile app. Having everything in one app is simple for managers and hiring teams.
In addition, Eddy offers more control and customization than BambooHR, so you can design Eddy to match your hiring process and use automated stage actions to communicate with both candidates and your team. Eddy also allows candidates to self-schedule interviews on your calendar.
Both Eddy and BambooHR have sophisticated onboarding options including new hire packet templates, first day welcome emails, employee self-enrollment, and digital signatures for company documents.
2. Employee Navigator integration
For customers who use Employee Navigator for benefits administration Eddy is the best option, because BambooHR does not support Employee navigator. Eddy’s integration is a huge time-saver. It syncs your team members from within Eddy to Employee Navigator. Changes to people in Eddy automatically flow into Employee Navigator, including new hires, terminations, hire date, and more.
3. Quickbooks Online integration
While BambooHR has lots of integrations, Quickbooks Online is not one of them. Eddy’s Quickbooks integration is easy to use and comes at no additional cost.
4. Payroll Entry
Eddy’s payroll entry is fully automated so hours worked, time off entries, benefits, and deductions all flow directly to payroll. Customers report that manager approval of timesheets is simpler and better in Eddy. For payroll admins it’s quick and easy to add any other reimbursements, tips, bonuses, corrections or additions.
BambooHR’s payroll is unique in that it is run on the backbone of TRAXPayroll, and the integration between BambooHR and TRAXPayroll is still fairly new.
Pricing
BambooHR offers two basic plans: Core and Pro. BambooHR does not provide any upfront fee information—you have to fill out a form and request a quote to see pricing. Customers can add on additional tools to either plan. The add-on options are Payroll, Benefits Administration, and Time Tracking.
BambooHR’s payroll product has a long list of additional fees. You can review them here.
Eddy pricing
Eddy’s pricing is structured into three product tiers: Starter, Growth, and Premium. Customers can add on Payroll or Hiring to the Starter or Growth products.
- Starter: $50 per month plus $4 per person per month. Starter includes all the core HR platform features for record tracking, document storage, benefits tracking, onboarding, time tracking, PTO, basic reporting, and more (see the full list)
- Growth: $75 per month plus $8 per person per month. Growth offers everything in Starter, plus: Training tracking, Custom signature documents, Onboarding templates, Custom data fields, Org chart, and Manager approval flows
- Premium: Premium is a bundle of Eddy’s Growth, Hiring, and Payroll products and offers custom pricing.
Why customers love Eddy
Customers appreciate the organization and structure that Eddy provides. One example of many: Xima has been through several different HR & payroll software platforms in the past and was looking for an HR & payroll platform that could do it all, be easy to work with, and friendly for their budget.
Eddy’s ease-of-use and simplicity is a huge plus for Blake and the other employees at Xima. He says: “Anytime that [employees] need to clock out, request time off, gather their pay stubs, whatever they need to do, it’s a much easier process for them.”
Because Eddy is so easy for employees to use, Blake doesn’t have to spend as much time fixing their problems. This gives him time to focus on big-picture issues. He uses Eddy every day to find information, and estimates that Eddy saves him at least two hours a week. “Eddy gives me [and our company] more time to focus on things that are most pressing.”
Read the case study
Final Thoughts
BambooHR can be a good fit for many companies. Like Eddy, it is well-liked by users. But for those looking for the best hiring and onboarding and the easiest-to-use payroll experience, Eddy stands out.
*Competitive data on this page was collected as of April, 2024 and is subject to change or update. Eddy does not make any representations as to the completeness or accuracy of the information on this page.
