Shlomi Lavi / Jul 21, 2020
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Looking for the right Human Resources solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
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 chairman. Aneel held a number of leadership positions at PeopleSoft, including senior vice president of product strategy. On that day in 2005, they resolved to build a company that would revolutionize the enterprise software market. The result is Workday.
Infor Global Solutions: Infor Global Solutions is a privately held U.S. software company that specializes in enterprise software ranging from financial systems and resource planning (ERP) to supply chain and customer relationships.
Pricing/cost comparison
The real cost of Human Resources software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Workday TCO and Infor HRMS total cost to help with the total cost of ownership calculation.
Workday price Starting from $100 per user/year , on a scale between 1 to 10 Workday is rated 6, which is similar to the average cost of Human Resources software. Infor HRMS price Starting from $185 per license , when comparing Infor HRMS to their competitors, the software is rated 4 - lower than the average Human Resources software cost.
Bottom line: Workday is more expensive than Infor HRMS.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Workday Vs. Infor HRMS based on some of the most important and required Human Resources features.
Workday: We are still working to collect the list of features of Workday. .
Infor HRMS list of features include the following: Appraisal Performance, Benefits Administration, Employee Self-Service, HR Management, LMS, .
Target customer size
Workday's typical customers include: Small business, Medium business, Large business, Infor HRMS system best for companies with more than 1,000 employees, in any industry including industries in industrial manufacturing, aerospace and defense, automotive, hospitality, distribution, technology, healthcare, food, fashion, and the public sector.