Learn how to compare Oracle and Workday HR solutions, including side-by-side feature comparison, pricing details, and implementation information.
Workday and Oracle are highly regarded providers of HR software, and both companies provide powerful solutions for managing a wide range of HR data and processes. Find out how HCM working day and Oracle HCM compare to help you choose the right HR software for your business.
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What is Workday?
Workday HCM is a cloud-based HR software that includes a comprehensive set of HR tools such as timekeeping, performance management, and compensation benchmarking. Workday’s human capital management product is designed for midsize to enterprise businesses. This HR software provides comprehensive data analysis and reporting capabilities including predictive modeling.
What is Oracle?
Oracle’s human resource management offering includes modules dedicated to talent management, workforce management, and payroll.
Oracle vs Workday: Feature Comparison
| Featured | Oracle | Working day |
|---|---|---|
| Predictive model | Right | Right |
| Cloud | Right | Right |
| Performance Management | Right | Right |
| Time tracking | Right | Right |
| Payroll for employees in the US | Right | Right |
| International payroll | Right | Right |
| Workforce Planning | Right | Right |
| Learning Management | Right | Right |
| HR Analysis | Right | Right |
Pros and cons of Workday
Advantages of Working Day
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Workday HR software tools allow organizations to manage all of their HR workflows and store all HR data in one centralized system. This provides a better user experience for employees and administrators. Workday’s employee self-service tools are easy to use on the web and mobile devices, so employees can access their timesheets, pay stubs, and benefits information from wherever they are .
One area where Workday really shines is compensation management. The software offers powerful compensation assessment tools that integrate well with recruitment tools to evaluate salaries for upcoming roles. Salary standards play an important role in attracting and retaining top talent in today’s competitive job market. Salary benchmarks can also be used for equity purposes and are inclusive to ensure fair pay throughout the organization.
Disadvantages of Working Day
Reviews are mixed when it comes to Workday’s user interface. Some users find Workday’s system easy to navigate, while others find the user interface annoying or outdated. This is somewhat down to personal preference, but it should be noted that Workday is a rather complex system and most users need training to use it properly. Before choosing a software solution, you should sign up for a demo and experience the interface for yourself.
Another potential is pricing. Workday does not offer transparent pricing, so you will need to contact the company for a quote. Workday is generally geared more towards midsize enterprise companies, so its features and pricing are designed for larger companies with larger budgets and senior staffing needs. If you are looking for HR software for a small business, you should look at providers like Rippling that are targeted at smaller companies.
Oracle pros and cons
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Advantages of Oracle
One of the biggest advantages of using Oracle HR software is simply that it comes from Oracle, a long-standing company with a strong reputation for data security. Companies can feel confident that Oracle’s data security practices meet industry standards even for more sensitive or regulated industries like healthcare and government. This is important because businesses store a lot of sensitive employee information and bank data in HR software.
Oracle provides useful data dashboards and HR analytics with useful insights into hiring and HR opportunities, such as recommendations on how to better allocate labor or advance employees. member in the company. Oracle has pretty strong international payroll support in its native application and through integration with ADP. The company has plans to expand to several other companies including France over the next few years.
Disadvantages of Oracle
One downside of Oracle is that, like Workday, it’s not the easiest software to learn. Tech-savvy administrators and HR staff should be able to learn the system fairly quickly with proper training; however, as employee self-service is such an important part of HR software, some organizations prefer HR software systems with a smaller learning curve to provide a better experience for new employees. .
How does Workforce compare to Oracle?
Workforce Planning
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Workday’s workforce planning tools are designed to give HR leaders insight into their historical workforce data to plan for the future; for example, the platform can use past data to build predictive models of upcoming labor demand. This will help your company plan and budget accurately for changes in workforce needs, and especially give the recruiting team a head start in building a pool of candidates. roles on demand.
Oracle’s workforce modeling feature uses business intelligence tools to help assess a company’s future organizational and staffing needs based on different potential business scenarios. Oracle’s data modeling and visualization tools are great, because they’re designed to be code-free for all users, not just data analysts.
Payroll processing and analysis
Visualization
Workday includes payroll processing for employees based in the US, UK, Canada and France; HR software that integrates other payroll providers to handle international payroll for unsupported countries. Workday’s payroll dashboard is easy to read and provides useful insights into metrics like labor costs, overtime spending, and compensation trends.
Oracle supports payroll processing for 10 countries, including the US, UK, Canada, Mexico, and several countries in the Middle East. Companies can access payroll analytics as well as set up a rule-based payroll processing. Oracle also integrates with ADP, a popular payroll software provider, for domestic and global payroll processing.
Implementation
Workday and Oracle are large, complex systems, and many companies benefit from working with a third-party consultant when implementing these HR solutions.
Workday has a list of deployment partners that the company recommends customers use. New customers who don’t want to engage in external consulting for implementation can work with Workday’s professional services team to set it up. Businesses can also use the Workday Success Plan, a subscription-based service that provides access to additional resources, tools, and expertise to help customers understand about Business Days.
For the Oracle setup, there is a lot of data to enter, roles and workflows to define, and training requirements. Existing Oracle customers may find it easier to implement the HR system and learn how to fully utilize it.
How to choose the right HR software for your business
Choosing the right HR software can be difficult. Both these Workday and Oracle platforms offer powerful HR tools with solid customization; However, each HR software excels in different HR areas, so you should prioritize the features your organization needs the most. Workday offers powerful compensation management tools, while Oracle excels in the areas of performance and international payroll.
Keep in mind that these Oracle and Workday HR solutions are capable of meeting the needs of large businesses, while small businesses may find the system unnecessarily complicated or expensive.
