Compare Canvas LMS and Workday HCM - Mar 2023

Shlomi Lavi

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Bottom Line: Which is Better - Canvas LMS or Workday HCM?

Workday HCM is more expensive to implement (TCO) than Canvas LMS, and Workday HCM is rated higher (98/100) than Canvas LMS (88/100).

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:

Portfolium, Inc. Vs. Workday

Portfolium, Inc.: Portfolium partners with colleges & universities to help students connect learning with opportunity. Our ePortfolio network helps 5M+ students from over 150 partner institutions manage their skills and launch their careers. Portfolium's cloud-based platform empowers students with lifelong opportunities to capture, curate, and convert skills into jo...

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? Canvas LMS 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 Canvas LMS and Workday.

Canvas LMS accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Portfolium 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 Canvas LMS.

Which software includes more/better features?

We've compared Canvas LMS Vs. Workday HCM based on some of the most important and required Human Resources features.

Canvas LMS: We are still working to collect the list of features for Canvas LMS.

Workday: We are still working to collect the list of features for Workday.

Target customer size

Canvas LMS's typical customers include: SMBs,

Workday HCM is used by businesses of all sizes and across a variety of industries.