Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Oracle HRMS or Workday HCM?
Workday HCM is more expensive to implement (TCO) than Oracle HRMS, and Workday HCM is rated higher (98/100) than Oracle HRMS (81/100). Oracle HRMS offers users more features (8) 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:
Oracle Vs. Workday
Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...
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? Oracle HRMS 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 Oracle HRMS and Workday.
Oracle HRMS price starts at $13 per user/month , On a scale between 1 to 10 Oracle HRMS is rated 4, which is 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 Oracle HRMS.
Which software includes more/better features?
We've compared Oracle HRMS Vs. Workday HCM based on some of the most important and required Human Resources features.
Oracle HRMS: Data Import/Export, Basic Reports, Online Customer Support, HR Management, HR Analytics, Business performance management, Payroll Scheduling, Wage Garnishment.
Workday: We are still working to collect the list of features for Workday.
Target customer size
Oracle HRMS's typical customers include: Medium and large size businesses,
Workday HCM is used by businesses of all sizes and across a variety of industries.