Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or HRToolbench?
Workday HCM is more expensive to implement (TCO) than HRToolbench, and Workday HCM is rated higher (98/100) than HRToolbench (83/100). HRToolbench 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. HRToolbench
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...
HRToolbench: HRToolbench's mission is to help companies achieve their business goals by aligning employees with business strategy. HRToolbench ensures that employees are focused on the right performance priorities, possess the right skills and competencies to execute their responsibilities, are engaged and committed to achieving business goals, and are motiv...
Who is more expensive? Workday HCM or HRToolbench?
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 HRToolbench.
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. HRToolbench accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Workday is rated 10, which is much higher than the average cost of Human Resources software.
Bottom line: Workday HCM is more expensive than HRToolbench.
Which software includes more/better features?
We've compared Workday HCM Vs. HRToolbench 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.
HRToolbench: Appraisal Performance, Benefits Administration, Employee Self-Service, HR Management, Payroll.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. HRToolBench is a cross industry solution which is provided for small and mid-sized companies.