Compare Eddy and Workday HCM - Mar 2023

Shlomi Lavi

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Bottom Line: Which is Better - Eddy or Workday HCM?

Workday HCM is more expensive to implement (TCO) than Eddy, and Workday HCM is rated higher (98/100) than Eddy (95/100). Eddy offers users more features (5) than Workday HCM (0).

Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Eddy Vs. Workday

Eddy: Eddy is an easy-to-use human resources assistant for small to midsize businesses who don’t have the time to manage the many facets of the HR world. Eddy’s features include an applicant tracking system, a centralized employee database, and a customizable hiring process that is as unique as your brand’s voice. Lose your paper trail with digital on-bo...

Workday: In 2005, software visionaries Dave Duffield and Aneel Bhusri met for brunch at a Truckee diner, a few miles north of Lake Tahoe. They decided to form a startup—one that would sell cloud-based finance and HR software. The two longtime friends had plenty of experience. Dave founded PeopleSoft in 1987 and served as the company's CEO and board chairma...

Who is more expensive? Eddy or Workday?

The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Eddy and Workday.

Eddy price starts at $8 per employee/month , On a scale between 1 to 10 Eddy is rated 2, which is much lower than the average cost of Human Resources software. Workday price starts at $45 per employee/month , When comparing Workday to its competitors, the software is rated 10 - much higher than the average Human Resources software cost.

Bottom line: Workday is more expensive than Eddy.

Which software includes more/better features?

We've compared Eddy Vs. Workday HCM based on some of the most important and required Human Resources features.

Eddy: Workflow, Employee Onboarding, Applicant Tracking, Recruiting Management, Product Lifecycle Management.

Workday: We are still working to collect the list of features for Workday.

Target customer size

Eddy's typical customers include: Small businesses and start ups,

Workday HCM is used by businesses of all sizes and across a variety of industries.