Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or Interact HRMS?
Workday HCM is more expensive to implement (TCO) than Interact HRMS, and Workday HCM is rated higher (98/100) than Interact HRMS (81/100). Interact HRMS offers users more features (6) 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. 2Interact, Inc.
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...
2Interact, Inc.: 2Interact, Inc. and its people have been in the business of Information Technology for more than 35 years. The original management and engineering staff as well as consultants still maintain partnership, employment, or consulting links with 2Interact, Inc. Initially, 2Interact was heavily involved in the development, implementation, and deployment ...
Who is more expensive? Workday HCM or Interact HRMS?
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 Interact HRMS.
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. Interact HRMS price starts at $15,000 per year , When comparing Interact HRMS to its competitors, the software is rated 4 - lower than the average Human Resources software cost.
Bottom line: Workday HCM is more expensive than Interact HRMS.
Which software includes more/better features?
We've compared Workday HCM Vs. Interact HRMS 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.
Interact HRMS: Benefits Administration, Employee Self-Service, HR Management, Payroll, Performance Record.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. Interact HRMS is designed to help mid-size and enterprise level businesses and is suitable for industries involved in finance and banking, entertainment, oil and gas and retail.