Shlomi Lavi /
Jun 20, 2022
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Bottom Line: Which is Better - Kronos Workforce or Oracle HCM Cloud?
Oracle HCM Cloud is more expensive to implement (TCO) than Kronos Workforce, and Kronos Workforce is rated higher (95/100) than Oracle HCM Cloud (83/100). Kronos Workforce offers users more features (15) than Oracle HCM Cloud (8). There is a clear winner in this case and it is Kronos Workforce!
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:
Kronos Incorporated Vs. Oracle Corporation
Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.
Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...
Who is more expensive? Kronos Workforce or Oracle HCM Cloud?
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 Kronos Workforce and Oracle HCM Cloud.
Kronos Workforce price starts at $6 per employee/month , On a scale between 1 to 10 Kronos Workforce Central is rated 6, which is similar to the average cost of Human Resources software. Oracle HCM Cloud price starts at $13 per user/month , When comparing Oracle HCM Cloud to its competitors, the software is rated 6 - similar to the average Human Resources software cost.
Bottom line: Kronos Workforce cost is around the same cost of Oracle HCM Cloud.
Which software includes more/better features?
We've compared Kronos Workforce Vs. Oracle HCM Cloud based on some of the most important and required Human Resources features.
Kronos Workforce: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Appraisal Performance, Benefits Administration, HR Management, LMS, Payroll, Performance Record, Recruiting, Software Customization.
Oracle HCM Cloud: Payroll, Applicant Tracking, Direct Deposit, Payroll Tax Management, Vacation Accrual Tracking.
Target customer size
More than thousand companies worldwide, use Kronos workforce management tools everyday to effectively manage their employees. Oracle HCM Cloud can be used by companies working in any sector.