Compare PeopleSoft HCM and Workforce Ready - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - PeopleSoft HCM or Workforce Ready?

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:

Oracle Corporation Vs. Kronos Incorporated

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...

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.

Who is more expensive? PeopleSoft HCM or Kronos Workforce Ready?

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 PeopleSoft HCM and Kronos Workforce Ready.

PeopleSoft HCM price starts at $30 per license , On a scale between 1 to 10 PeopleSoft Human Capital Management Software is rated 6, which is similar to the average cost of Human Resources software. Kronos Workforce Ready price starts at $6 per employee/month , When comparing Kronos Workforce Ready to its competitors, the software is rated 2 - much lower than the average Human Resources software cost.

Bottom line: PeopleSoft HCM is more expensive than Kronos Workforce Ready.

Which software includes more/better features?

We've compared PeopleSoft HCM Vs. Workforce Ready based on some of the most important and required Human Resources features.

PeopleSoft HCM: IT Asset Tracking, PC Audit Tracking, IT Asset Management, Inventory Management.

Kronos Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting.

Target customer size

PeopleSoft HCM's typical customers include: Small, medium and large size businesses, 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.