Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Kronos Workforce or Workday HCM?
Workday HCM is more expensive to implement (TCO) than Kronos Workforce, and Workday HCM is rated higher (98/100) than Kronos Workforce (95/100). Kronos Workforce offers users more features (15) 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:
Kronos Incorporated Vs. Workday
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.
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? Kronos Workforce 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 Kronos Workforce and Workday.
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. 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 Kronos Workforce.
Which software includes more/better features?
We've compared Kronos Workforce Vs. Workday HCM 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.
Workday: We are still working to collect the list of features for Workday.
Target customer size
More than thousand companies worldwide, use Kronos workforce management tools everyday to effectively manage their employees.
Workday HCM is used by businesses of all sizes and across a variety of industries.