Compare HRToolbench and Workday HCM - Mar 2023

Shlomi Lavi

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

Workday HCM is more expensive to implement (TCO) than HRToolbench, and Workday HCM is rated higher (98/100) than HRToolbench (83/100). HRToolbench offers users more features (10) 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:

HRToolbench Vs. Workday

HRToolbench: HRToolbench's mission is to help companies achieve their business goals by aligning employees with business strategy. HRToolbench ensures that employees are focused on the right performance priorities, possess the right skills and competencies to execute their responsibilities, are engaged and committed to achieving business goals, and are motiv...

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? HRToolbench 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 HRToolbench and Workday.

HRToolbench accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 HRToolbench is rated 6, which is similar to 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 HRToolbench.

Which software includes more/better features?

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

HRToolbench: Appraisal Performance, Benefits Administration, Employee Self-Service, HR Management, Payroll, Performance Record, Recruiting, Software Customization.

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

Target customer size

HRToolBench is a cross industry solution which is provided for small and mid-sized companies.

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