Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or HR Matrix?
Workday HCM is more expensive to implement (TCO) than HR Matrix, and Workday HCM is rated higher (98/100) than HR Matrix (84/100). HR Matrix offers users more features (10) 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:
Workday Vs. The HR Matrix, llc
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...
The HR Matrix, llc: The HR Matrix, llc is a full-spectrum consulting firm with expertise in Human Resources, Organization Development and Recruitment. Founded by Brenda Gilchrist, SPHR and Gary Hochman, two nationally recognized experts in the field of HR and OD, The HR Matrix has decades of experience helping organizations achieve their potential.
With corporate o...
Who is more expensive? Workday HCM or HR Matrix?
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 HR Matrix.
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. HR Matrix price starts at $4.49 per user/month , When comparing HR Matrix to its competitors, the software is rated 2 - much lower than the average Human Resources software cost.
Bottom line: Workday HCM is more expensive than HR Matrix.
Which software includes more/better features?
We've compared Workday HCM Vs. HR Matrix 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.
HR Matrix: Applicant Tracking, Recruiting Management, Business performance management, Attendance Management, Employee Database.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. Customers of the software include businesses of all sizes with backgrounds in diverse range of
industries.