Compare SuccessFactors and Workday HCM - Mar 2023

Shlomi LaviShlomi Lavi / Mar 02, 2023

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Bottom Line: Which is Better - SuccessFactors or Workday HCM?

Workday HCM is more expensive to implement (TCO) than SuccessFactors, and Workday HCM is rated higher (98/100) than SuccessFactors (94/100). SuccessFactors offers users more features (19) 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:

SuccessFactors Ltd. Vs. Workday

SuccessFactors Ltd.: The SuccessFactors Management Team is led by Shawn Price, president of SuccessFactors. The team aims to fulfill the company’s mission of helping organizations of all sizes run their business better.SuccessFactors has established significant relationships with industry leaders in sales, consulting, and complementary business solutions through our gl...

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? SuccessFactors 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 SuccessFactors and Workday.

SuccessFactors price starts at $6.30 per user/month , On a scale between 1 to 10 SuccessFactors 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 SuccessFactors.

Which software includes more/better features?

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

SuccessFactors: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record, Recruiting, LMS, Collaboration Management.

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

Target customer size

SuccessFactors is a cross industry system which supports scalability for all business sizes by offering three different software suits: Small Business for less than 200 employees, SMEs with 200-1500 employees, and Enterprise companies with larger employee bases.

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



SuccessFactors

ITQlick rating
(4/5)

starts at $6.30 per user/month

SuccessFactors is a cloud-based human resource software that is provided for use in businesses only. The software is provided as a suite with it containing a talent management system, and a performance appraisa...

Categories: Applicant Tracking, Cloud LMS, Compensation Management, Employee Management.

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

SuccessFactors: 19 Features

Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record
Recruiting
LMS
Collaboration Management
Content Management
Course Authoring
Course Catalog
Course Interactivity
Custom Functionality
Defined User Roles
eLearning
Skills Assessment
Training Metrics
User Access Controls
Virtual Classroom

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
SuccessFactors
ITQlick rating
4/5
Score
94/100
Pricing
7.4/10
License pricing
$6.30 per user/month
Functionality
35
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.