Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or Paylocity?
Workday HCM is more expensive to implement (TCO) than Paylocity, and Workday HCM is rated higher (98/100) than Paylocity (94/100).
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:
Workday Vs. Paylocity
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...
Paylocity: At Paylocity, our mission is to elevate the profession of Payroll and Human Resources out of the back office and into the boardroom where it belongs. We do this by providing clients with the same caliber Cloud software solutions found in other critical areas such as Sales, Finance, and Operations.
One of our primary goals at Paylocity is to ma...
Who is more expensive? Workday HCM or Advanced HR?
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 Workday HCM and Advanced HR.
Workday HCM price starts at $45 per employee/month , On a scale between 1 to 10 Workday is rated 10, which is much higher than the average cost of Human Resources software. Advanced HR price starts at $5 per employee/month + $500 setup fee , When comparing Advanced HR to its competitors, the software is rated 4 - lower than the average Human Resources software cost.
Bottom line: Workday HCM is more expensive than Advanced HR.
Which software includes more/better features?
We've compared Workday HCM Vs. Paylocity based on some of the most important and required Human Resources features.
Workday HCM: We are still working to collect the list of features for Workday HCM.
Advanced HR: We are still working to collect the list of features for Advanced HR.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. Customers of the software include small and medium sized businesses as well as large enterprises.