Shlomi Lavi /
Jul 09, 2022
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Bottom Line: Which is Better - Workforce Ready or PeopleSoft HCM?
PeopleSoft HCM is more expensive to implement (TCO) than Workforce Ready, and Workforce Ready is rated higher (98/100) than PeopleSoft HCM (82/100). Workforce Ready offers users more features (16) than PeopleSoft HCM (4). There is a clear winner in this case and it is Workforce Ready!
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? Workforce Ready or PeopleSoft Human Capital Management Software?
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 Workforce Ready and PeopleSoft Human Capital Management Software.
Workforce Ready price starts at $6 per employee/month , On a scale between 1 to 10 Kronos Workforce Ready is rated 2, which is much lower than the average cost of Human Resources software. PeopleSoft Human Capital Management Software price starts at $30 per license , When comparing PeopleSoft Human Capital Management Software to its competitors, the software is rated 6 - similar to the average Human Resources software cost.
Bottom line: PeopleSoft Human Capital Management Software is more expensive than Workforce Ready.
Which software includes more/better features?
We've compared Workforce Ready Vs. PeopleSoft HCM based on some of the most important and required Human Resources features.
Workforce Ready: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting, Timesheet, Biometric, Labor Cost Reporting.
PeopleSoft Human Capital Management Software: IT Asset Tracking, PC Audit Tracking, IT Asset Management, Inventory Management.
Target customer size
Kronos Labor force Ready is especially developed for small as well as midsize services who wish to automate a lot of their workforce management processes with great functions like real-time staff member data as well as scheduling. and PeopleSoft Human Capital Management Software's target customer size include: Small, medium and large size businesses.