Factorial is a hR & recruiting tool for Small businesses and Enterprise, offered as paid ($8/mo). Founded in Spain in 2016. Popular alternatives include HiBob, Lattice.
About Factorial
Factorial is an HR platform from Barcelona that bundles the employee database, time off, time tracking, payroll preparation, performance reviews, recruiting and expenses in one system. It was founded in 2016 by Jordi Romero, Pau Ramon and Bernat Farrero, started with a free HR tier and became a unicorn in 2022. In June 2026 it raised a $150M Series D at a $2.5B valuation led by General Catalyst and says it serves over 16,000 companies.
Every account starts with Factorial Core: employee directory, onboarding and offboarding, document management with legal e-signature, payslip distribution and fillable PDFs. Modules are added on top: Time Off, Time Tracking, Shift Management, Performance, Recruitment, Engagement, Training, Expenses with Factorial Cards, Project Management, Procurement, and an IT suite with device management and SaaS management. An AI layer called Factorial One answers questions and runs tasks against company data and policies. Pricing is quoted per user and module, starting at $8 per user per month.
It fits companies of roughly 20 to 1,000 employees that want one system for HR admin, time and expenses. Personio is the closest European rival with stronger payroll in Germany, BambooHR is simpler and more US-focused, and Rippling goes deeper into payroll, IT and global employment.
Buying tip: because pricing is quote-based, list the exact modules you need before the demo; time tracking, shift planning and expenses add up quickly. Check that payroll in your country is processed natively rather than only prepared for an external provider.
Key features of Factorial
- Employee directory, org chart and document storage with e-signature
- Time off requests and clock-in time tracking from web and mobile
- Shift management for retail, hospitality and frontline teams
- Payroll preparation and payslip distribution
- Performance reviews, goals and OKR tracking
- Applicant tracking with job posting and candidate pipeline
- Expense management with corporate cards
- Factorial One AI for HR questions, reports and tasks
Pros and cons
Pros
- Covers HR, time, expenses and IT in one product
- Clean, modern interface that employees adopt easily
- Strong time tracking and shift planning for hourly staff
- Low entry price per user for a small core
- Well funded and shipping AI features quickly
Cons
- No public price list; every deal is a custom quote
- Module costs add up for mid-sized companies
- Full in-house payroll processing is not available in every country
- Reporting is less flexible than enterprise HRIS tools
- More than very small teams need if they only track leave
Factorial pricing
Factorial uses a paid model.
| Plan | Price | Includes |
|---|---|---|
| Core + modules | From $8 / user/mo | Tailored quote; Core HR plus chosen add-on modules |
| Add-on modules | Custom | Time, payroll, performance, recruiting, expenses, IT |
Source: factorial.com · checked on Oct 20, 2026
How Factorial compares in HR & recruiting
- Rank by votes
- #1 / 20
- Starting price
- $8
- Free alternatives
- 0
0 votes from members
20% below the category median ($10/mo)
Free or open-source tools in HR & recruiting
Factorial ranks #1 of 20 hr & recruiting tools by community votes and is priced below most tools in the category.
Common use cases
- 1Replacing spreadsheets for leave and attendance at a 50-person company
- 2Running shift schedules and clock-ins for restaurants or shops
- 3Collecting signed contracts and documents during onboarding
- 4Running twice-yearly performance reviews with goals
- 5Managing employee expenses and company cards in one place
Best for
European SMBs with 20 to 1,000 employees that want HR admin, time tracking and expenses in a single modern tool.
Not ideal for
Companies needing native multi-country payroll or global hiring (Rippling, Deel) or a very simple US-only HRIS (BambooHR).
Integrations
- Slack
- Google Workspace
- Okta
- Zapier
- DATEV LODAS
- Microsoft Power BI
- Recruitee
- Sage 200
Our take
Factorial is one of the best-value all-in-one HR suites for growing European companies, especially those with hourly staff. Get a quote for only the modules you need and confirm local payroll coverage before signing.
FAQ
- What is Factorial?
- Factorial is a HR & recruiting tool: All-in-one HR, time tracking and payroll prep for growing SMBs.
- How much does Factorial cost?
- Factorial uses a Paid model; paid plans start at $8 per month.
- What are the best alternatives to Factorial?
- Community-listed alternatives to Factorial include HiBob, Lattice.
- What does Factorial integrate with?
- Factorial integrates with Slack, Google Workspace, Okta, Zapier, DATEV LODAS, Microsoft Power BI and more.
- Which platforms does Factorial support?
- Factorial is available on web, ios, android.
- Who is Factorial for?
- European SMBs with 20 to 1,000 employees that want HR admin, time tracking and expenses in a single modern tool.
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