Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - PeopleSoft HCM or Workday HCM?
Workday HCM is more expensive to implement (TCO) than PeopleSoft HCM, and Workday HCM is rated higher (98/100) than PeopleSoft HCM (82/100). PeopleSoft HCM offers users more features (4) 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 Corporation Vs. Workday
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...
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? PeopleSoft HCM 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 PeopleSoft HCM and Workday.
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. 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 PeopleSoft HCM.
Which software includes more/better features?
We've compared PeopleSoft HCM Vs. Workday HCM 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.
Workday: We are still working to collect the list of features for Workday.
Target customer size
PeopleSoft HCM's typical customers include: Small, medium and large size businesses,
Workday HCM is used by businesses of all sizes and across a variety of industries.