Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or Workforce Ready?
Workday HCM is more expensive to implement (TCO) than Workforce Ready, and Workforce Ready is rated with the same score (98/100) as Workday HCM (98/100). Workforce Ready offers users more features (16) than Workday HCM (0). There is a clear winner in this case and it is Workforce Ready!
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. Kronos Incorporated
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...
Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.
Who is more expensive? Workday HCM or Kronos Workforce Ready?
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 Kronos Workforce Ready.
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. Kronos Workforce Ready price starts at $6 per employee/month , When comparing Kronos Workforce Ready 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 Kronos Workforce Ready.
Which software includes more/better features?
We've compared Workday HCM Vs. Workforce Ready 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.
Kronos Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. Kronos Labor force Ready is especially developed for small as well as midsize services who wish to automate a lot of their workforce management processes with great functions like real-time staff member data as well as scheduling.