Pricing
subscription
Best For
Spanish and European SMBs needing labor law compliance
Rating
4.0/10
Last Updated
Mar 2026
TL;DR
Factorial is a Barcelona-born HR platform that's become the go-to choice for small and medium businesses across Spain and Europe. It handles time tracking, payroll, document management, and performance reviews at a price point that won't scare off a 50-person company.
What is Factorial?
Factorial started in Barcelona in 2016 and has grown fast—over $250M in funding and now serving more than 10,000 companies across Europe and Latin America. The pitch is straightforward: a modern HR platform that covers what SMBs actually need without the enterprise bloat.
Time Tracking and Attendance
This is where Factorial really delivers. The clock-in system works via web, mobile app, or even a tablet kiosk at the office entrance. It handles Spain's mandatory time tracking law perfectly, generating the required reports automatically. GPS-based tracking is available for field workers, and the shift planning module covers basic scheduling needs.
Payroll and Documents
Factorial processes payroll in Spain, Mexico, Brazil, and several other countries. It's not as deep as dedicated payroll providers for complex multi-country setups, but for single-country SMBs it handles the job. Document management includes electronic signatures, folder organization by employee, and automated reminders when documents expire—think work permits, contracts, certifications.
Performance and Onboarding
The performance module covers goal setting, 360-degree feedback, and review cycles. It's functional, though companies running sophisticated OKR programs might want something more specialized. Onboarding checklists and task assignments help new hires get up to speed without HR chasing people manually.
Pricing and Value
Plans start at roughly €5 per employee per month for the basic tier and go up to around €8 for the full suite. There's a free trial, and the interface is available in Spanish, English, Portuguese, German, French, and Italian. For European SMBs—especially those in Spain—Factorial hits a sweet spot between basic free tools and expensive enterprise platforms.
Pros and Cons
Pros
- Excellent time tracking that complies with Spanish labor law out of the box
- Clean, modern interface that employees pick up quickly
- Strong document management with e-signatures and expiry reminders
- Competitive pricing for European SMBs—cheaper than most competitors
- Available in 6 languages with localized payroll for multiple countries
- Mobile app works well for clock-in/clock-out and leave requests
Cons
- Payroll support is limited to a handful of countries
- Performance module isn't deep enough for OKR-driven companies
- Reporting could be more customizable
- Integrations catalog is smaller than BambooHR or Personio
- Customer support response times can be slow during peak periods
Factorial Pricing
Business
- Employee records
- Time tracking
- Absence management
- Document management
- Org chart
Enterprise
- Everything in Business
- Performance reviews
- Payroll processing
- Shift planning
- Advanced analytics
- Custom workflows
Pricing last verified: March 22, 2026
Who is Factorial Best For?
- Spanish and European SMBs needing labor law compliance
- Companies with 20-500 employees looking for an affordable all-in-one HR tool
- Teams that need strong time tracking and document management
- Organizations expanding across European countries
Technical Details
The Bottom Line
Factorial scores 4/10. It stands out for excellent time tracking that complies with spanish labor law out of the box. Best suited for spanish and european smbs needing labor law compliance. Keep in mind that payroll support is limited to a handful of countries.
Frequently Asked Questions
Based on editorial analysis
