Shlomi Lavi /
Mar 02, 2023
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Bottom Line: Which is Better - SmartHCM or Workday HCM?
Workday HCM is more expensive to implement (TCO) than SmartHCM, and Workday HCM is rated higher (98/100) than SmartHCM (82/100). SmartHCM offers users more features (5) 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:
SmartHCM Vs. Workday
SmartHCM: Complete and modular set of enterprise application, engineered from the ground up to be cloud-ready and to coexist seamlessly in mixed environments.
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? SmartHCM 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 SmartHCM and Workday.
SmartHCM price starts at $29 per user/month , On a scale between 1 to 10 SmartHCM is rated 2, which is much 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 SmartHCM.
Which software includes more/better features?
We've compared SmartHCM Vs. Workday HCM based on some of the most important and required Human Resources features.
SmartHCM: Benefits Administration, Employee Self-Service, Payroll, Human Resources, Applicant Tracking.
Workday: We are still working to collect the list of features for Workday.
Target customer size
SmartHCM'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.