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Magnar description
Magnar is a cloud-based HR software suite designed for mid-sized businesses. It handles a broad range of HR tasks, including payroll, performance management, and time tracking. The software is designed to be user-friendly and customizable to fit different company needs. Magnar offers multi-currency and multi-language support, making it suitable for companies operating in different countries. It also integrates with popular ERP systems.
Who is Magnar best for
Magnar is a cloud-based HR software suite designed for small to medium businesses, especially in the software and IT industry. It handles various HR tasks, including payroll, performance management, and time tracking. Its multi-currency and multi-language support makes it suitable for companies operating in different countries.
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Best for small to medium businesses (1-1000 employees).
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Particularly well-suited for the software and IT industry.
Magnar features
| Supported Magnar's leave management system handles various leave types and their conditions, monitors balances, and ensures compliance with specific rules. |
| Supported Magnar streamlines expense management, handling different expense types in multiple currencies and integrating with payroll or off-cycle payments. |
| Supported Magnar simplifies travel expense organization and tracking, handling multiple destinations and travel types, and connecting with the expense module. |
| Supported Magnar provides tools for managing the organizational structure, creating branches, departments, units, and hierarchies, aligning the organization with job functions. |
| Supported Magnar simplifies time and attendance tracking, managing shifts, viewing attendance records, logging hours, viewing schedules, and requesting time off. |
| Supported Magnar's system setup allows customization, offering workflow management, personalized dashboards, and reports. |
| Supported Magnar provides reports and analytics to monitor attendance trends and identify areas for improvements. |
Magnar alternatives
247HRMGrows faster and offers mobile payroll access. A better 247HRM alternative for retail, software/IT, and automotive industries. Praised for comprehensive payroll and responsive support. However, some users report slow performance and a clunky mobile app.Read more
WorkzoomBetter fit for companies in media, entertainment, software, or IT. More suitable for finance, education, real estate, government, marketing, or professional services. Has slower momentum. Offers recruiting and onboarding features.Read more
PaycorBetter fit for larger enterprises. Caters to a wider range of industries like healthcare, manufacturing, and professional services. Provides mobile payroll access and strong payroll integrations. However, users report difficulties with customer support and limited customization. Paycor is a strong Magnar competitor and alternative.Read more
Sesame HRBetter ratings on Capterra. Stronger customer support feedback. More industry fit. Offers mobile payroll. A Sesame HR alternative for broader industry application.Read more
HumiSpecifically designed for Canadian businesses. Geared towards a wider range of industries. Has documented user reviews, both positive and negative. Growing slower.Read more
HReasilyMore focused on Southeast Asia. Caters to smaller businesses. Has a mobile app for payroll access. Growing faster than Magnar.Read more
Magnar FAQ
What is Magnar and what does Magnar do?
Magnar is a cloud-based HR software suite for mid-sized businesses. It manages payroll, performance reviews, time tracking, and other HR tasks. Designed for user-friendliness and customizability, Magnar supports multiple languages and currencies, integrating with popular ERP systems.
How does Magnar integrate with other tools?
Magnar integrates with popular ERP systems, enabling seamless data flow between HR and other business operations. This integration streamlines processes and enhances data insights for better decision-making. It also offers multi-currency and multi-language support.
What the main competitors of Magnar?
Alternatives to Magnar include 247HRM, Workzoom, Paycor, Sesame HR, Humi, and HReasily. These competitors offer similar HR and payroll functionalities, catering to mid-sized businesses with features like core HR, payroll, time tracking, and talent management.
Is Magnar legit?
Magnar appears legitimate, showing positive signs of growth with a 45% year-over-year increase in employees on LinkedIn and a 0.75 quarter-over-quarter website traffic growth. While user reviews are limited, its focus on a user-friendly, customizable HR suite suggests it's a safe choice for small to medium businesses.
How much does Magnar cost?
I couldn't find pricing details for Magnar. For the most current pricing information, it's best to visit Magnar's website or contact their sales team directly. This will help determine if Magnar is worth the investment for your needs.
Is Magnar customer service good?
Customer reviews suggest Magnar's support is generally good, with helpful training and readily available assistance. However, there's a suggestion that support could be improved, particularly for complex customizations which may take longer than expected.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.