Compare SmartHCM and Workday HCM - Mar 2023

Shlomi LaviShlomi Lavi / Mar 02, 2023

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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.

SmartHCM

ITQlick rating
(4.8/5)

starts at $29 per user/month

SmartHCM is a comprehensive, human capital management (HCM) software solution that is both on premise and cloud based, designed to assist organizations in various industries to manage their HR tasks such as pay...

Categories: Payroll Accounting, Performance Management, Self-Service Portal, Human Resources.

Workday HCM

ITQlick rating
(4.3/5)

starts at $45 per employee/month

Workday is a cloud-based scalable enterprise resource management platform that enables companies of various sizes and capacities to effectively handle administrative duties such as Financial Management, Human R...

Categories: Human Resources, Workforce Management.

Compare specifications

Compare features

SmartHCM: 5 Features

Benefits Administration
Employee Self-Service
Payroll
Human Resources
Applicant Tracking

Workday: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
SmartHCM
ITQlick rating
4.8/5
Score
82/100
Pricing
2.4/10
License pricing
$29 per user/month
Functionality
16
Compare
Workday ...
ITQlick rating
4.3/5
Score
98/100
Pricing
10/10
License pricing
$45 per employee/month
Functionality
3
Gusto
ITQlick rating
4.7/5
Score
99/100
Pricing
4/10
License pricing
$39 per month
Functionality
20
Review
Workforc...
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per employee/month
Functionality
32
APS
ITQlick rating
4.6/5
Score
98/100
Pricing
6/10
License pricing
$50 per month
Functionality
13
Review

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.