Workday Competitors: Competitive Analysis of Top 5 Alternatives

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Workday HCM is one of the most popular choices of many organizations to carry out their HR-related tasks. However, that doesn’t make it right for everyone. If you’re on the hunt for good alternatives to Workday, you’ve come to the right place. In this article, we’ll analyze various Workday competitors to help you make better strategic decisions on choosing the best-fit HR software for your company.

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Best Workday Competitors and Alternatives

 

What is Workday?

Workday HCM is one of the consistently most well-reviewed human resource software on the market and has satisfied a wealth of customers. It appears on many top 10 lists (including our HR software leaderboard) and ranks well in our market evaluation for core HR functionality, talent management and workforce management.

Workday HCM is a cloud-based solution suitable for medium and large organizations in all industries. It contains features such as workforce planning, talent management, benefits management, payroll, time tracking, recruitment, reporting and analytics. With a comprehensive suite of capabilities, it manages the complete worker lifecycle from staffing to compensation to career growth.

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Top 5 Workday Competitors

Our analysts have compiled a list of Workday alternatives that are also at the top of the market and would be a good choice for any company. Let’s see what they have to offer.

SAP SuccessFactors

The first Workday competitor we’ll look at is SAP SuccessFactors. SAP’s cloud-based HCM solution suitable for all business sizes across sectors such as energy and natural resources, financial services, consumer industries, discrete industries, service industries and public services.

It offers multiple modules including employee experience management, core HR and payroll, talent management, HR analytics and workforce planning. Using its tools, companies can provide employees with experiences that recognize their value and consistently motivate them.

SAP SuccessFactors

Analytics tool in SAP SuccessFactors

Top Benefits

  • Live Insights: SAP SuccessFactors provides live insights to facilitate data-driven decisions.
  • Automation: Self-service tools support automation, improve data quality and elevate HR service delivery.
  • Integration: The solution offers custom integration with business processes and applications. Business users and experts can leverage the set of tools. Its prebuilt integrations support other solutions from SAP and other leading partners.
  • Retention: SAP SuccessFactors follows a proactive approach to worldwide regulatory compliance and facilitates connected HR processes, enabling your organization to attract, develop and retain employees using modern technologies.

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Key Features

  • Core HR and Payroll: This feature manages the global workforce with cloud solutions. It enables you to optimize core HR processes, manage payroll, streamline HR service, manage visas and permits, and centralize document management.
  • Employee Experience Management: This module delivers solutions for employee engagement, lifecycle feedback and benefits optimization. Together, these capabilities help you reduce attrition, retain, develop employees, drive engagement, optimize benefits and increase workforce productivity.
  • HR Analytics and Workforce Planning: With tools that provide data-driven insights and improve visibility, you can more easily drive performance and results across all HR processes. Embedded intelligence further enhances decisions.
  • Talent Management: This module helps connect and guide new hires from day one. It lets you measure workforce performance, engagement and productivity, as well as provide learning and development opportunities. Other functions include recruiting, onboarding, performance management and compensation.
  • Compensation Management: SAP SuccessFactors helps you align compensation programs with business objectives. You can create strategic plans that boost motivation, attract key talent and encourage greater retention. It also helps communicates the value of rewards to employees

Limitations

  • The software does not have AI-embedded capabilities for sourcing activities.
  • There’s no way to view or download payment slips.
  • Notifications are not deleted even after they’ve been read.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

Oracle HCM Cloud

Another major Workday alternative is Oracle HCM Cloud, an HR application suitable for businesses of all sizes in any industry. It supports the entire worker’s lifecycle from hire to retirement. Features include global HR, recruiting, advanced HCM functionality, workforce management, talent management.

In addition, companies can leverage Oracle HCM cloud to achieve better work-life balances, conduct strategic planning for their workforce, administer rewards, address health and safety incidents, and deliver self-service via an HR help desk. They can also adhere to regulations such as the GDPR, ensure compliance, reduce fraud and security risks, and conduct audits.

Oracle HCM Cloud

Analytics tool in Oracle HCM Cloud

Top Benefits

  • Localization: The payroll module of the solution can process payroll for multiple countries, including the United States, Canada, the United Kingdom, Saudi Arabia, United Arab Emirates, Mexico and China. With it, users can transfer funds electronically, generate legal reports, incorporate tax and statutory deductions, calculate payroll and support local earnings.
  • Mobile App: Oracle HCM Cloud offers a mobile compatible application built for both Android and iOS smartphones. It also supports access from a mobile web browser. This lets your business offer one experience across all devices and browsers, providing a consistent look and feel, functionality, personalization, performance, and data security. Seamless experiences boost user engagement and business performance while reducing device management costs and security challenges.
  • Personal Engagement: Oracle HCM Cloud users can select their preferences on one device and have those preferences automatically applied to all devices they control, eliminating setup and providing greater convenience. When simple interactions and the look and feel are consistent on each device, the result is a more personal and rewarding user experience.
  • AI and Machine Learning: Built with an AI-first approach, the solution enables decision-making at all levels of your company, from executives to individual contributors. AI embedded in applications can recommend roles and mentors, suggest coursework and additional learning opportunities, and even predict which employees might be thinking about leaving.
  • Oracle Platform-as-a-Service: The software can integrate with financials, customer experience and supply chain management software. Its platform-as-a-service (PaaS) extensibility for custom-built applications opens Oracle HCM Cloud to a range of possibilities, offering tools that allow HR employees to adapt to their environment.

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Key Features

  • Workforce Modeling: With this feature, you can model business scenarios such as reorganizations, acquisitions and other organizational changes. Predicted effectiveness views the factors, costs and impact of employee job transfers and restructurings before they happen, enhancing your planning and decision making. Intuitive approval workflow tools help simplify complex processes.
  • Payroll: With global payroll, self-service tools, checklists and dashboards, the software provides a streamlined payroll administration process. If you decide to outsource any or all of your payroll processing to a third-party vendor, you can still retain control of your payroll data.
  • Performance Management: Oracle Goal Management empowers employees to set and share meaningful goals, as well as track progress on an ongoing basis. Oracle Performance Management collects formal and informal feedback from multiple sources to provide a rich, well-rounded portrait of employees.
  • Time and Labor: The solution captures employee time worked via online web clocks, time clock integrations, timecards, calendar time entries or mobile devices. It also integrates time with other HCM and ERP solutions such as payroll, absence management, project costing and financials. You can use it to schedule holidays and manage shifts and company activities. Simple, configurable rules guarantee accurate and on-time payment.
  • Project Management: You can drive project execution with planning, collaboration, scheduling and analysis capabilities, as well as leverage social task management and cost control. Resource management tools identify and place the most suitable people on projects. It also captures and manages project financials with tools that include integrated budgeting, financial planning, forecasting and analytics.

Limitations

  • Oracle cloud data is not accessible to other third-party tools like Power BI.
  • Oracle HCM cloud is not linked with Oracle Consulting Services.
  • It doesn’t support filing taxes post-payroll for the U.S.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

Dayforce HCM

Our next Workday alternative is Dayforce HCM from Ceridian, a cloud-based HCM platform that combines HR, payroll, benefits, workforce management and talent management into a single solution.

Beyond the software’s capabilities, organizations can take advantage of education, implementation and professional services such as payroll processing, benefits administration and or compliance management. It is suitable for businesses of all sizes and in industries such as retail, hospitality, manufacturing, healthcare, entertainment, financial services and the public sector.

Dayforce HCM

Analytics tool in Dayforce HCM

Top Benefits

  • Organizational Chart: Visually navigate and keep track of your organization’s hierarchy with this feature. The chart’s interactive nature makes it easy to view company structure and employee ranking, providing everyone with a better understanding of the company structure and their place within it.
  • Tailored Reports: You can run your businesses more effectively through reporting insights. You can start with a templated report or drag and drop elements to create a custom report. The reporting software spans the platform, so that it can pull data from multiple areas of HCM for significant analysis.
  • Digital Account: This feature enables employees to control their account balances, including access to pay deposits and transactions data. Employees can make purchases with pay cards and transfer funds with a mobile app.
  • COBRA Management: Admins can receive notifications when qualifying events occur or when an employee’s coverage ends, helping ensure compliance. The system can automatically populate key event dates to help streamline processes.
  • Professional Consulting Services: Dayforce offers access to professional tactical and operational services, letting your organization offload work and benefit from industry expertise. Services include configuration, consulting, project management, technical and tax assistance. Dayforce can also help with merger, acquisition and divestiture scenarios.

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Key Features

  • Employee Management: You can maintain employee records in one place and receive insights and access to integrated data via the system’s employee management tools. Employee self-service (ESS) empowers your people to take charge of their HCM activities. Standard reports provide employee data that let you make critical decisions, while dashboards combine workforce data so you can uncover trends, assess benchmarks and create presentations. The system also provides a document management solution to organize and centralize information.
  • Payroll: Combining payroll and time, the solution lets you access and audit data throughout the pay cycle. Features include tax management, simple reporting, data entry, verification services, executive dashboards and mobile access. A global pay option transforms international operations with a single view of full pay, and Dayforce Wallet allows employees to gain control over their financial wellbeing with access to their earnings.
  • Benefits: This feature provides a range of benefits choices to employees, with support tools that share information about the available benefit plans to facilitate informed decisions. Employees can also compare multiple plans simultaneously to see the impact of each. Admin-defined eligibility ensures employees are only presented applicable choices based on their HR information. The feature also offers ACA reporting, which manages and automates regulatory requirements.
  • Talent Management: Your organization can hire employees, develop them via learning, align them around organizational goals, and reward and retain them using this toolset. It also offers engagement, succession planning and an interaction management tool called TeamRelate.
  • Workforce Management: Get complete coverage for workforce needs, increase efficiency and decrease labor costs through features like labor planning, scheduling, leave management, task management, and time and attendance. The labor management system enables alignment of employee operations and business goals. Employee scheduling supports compliance and allows users to program their work processes.

Limitations

  • Dayforce HCM does not provide full access to the backend system.
  • It does not provide a view to see paystubs and track the number of hours worked per week or pay period.
  • Users can’t message other associates within the application.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

UltiPro

UltiPro’s cloud-based suite delivers core HR, payroll and talent acquisition functionalities through individual applications. It’s suitable for companies of any size and caters to many industries, including financial services, healthcare, retail, manufacturing and nonprofits.

UltiPro Payroll Gateway

Payroll gateway in UltiPro

 

Top Benefits

  • Business Intelligence: UltiPro’s business intelligence tools analyze various HCM areas within your company. You can leverage real-time dashboards and reports to discover the key insights needed to make smarter and more informed decisions.
  • Integration Hub: The UltiPro Connect feature enables developers to build integrations with other business systems, with a user community where they can seek support. It also allows you to browse Ultimate Software’s current partner network to learn how it can extend the value of UltiPro.
  • Mobile App: Enable your organization to meet the needs and expectations of your workforce with mobile apps for Android and iOS users. Real-time data sync provides convenience, letting managers and employees take action instantly. The apps ensure data security with built-in encryption and user authentication.
  • Touchscreen Time Clock: UltiPro TouchBase is a touchscreen solution that can collect labor data and provide employee self-service. Serving as a companion to UltiPro’s time solutions, it can simplify time capture, improve communication and facilitate improved time data collection. Employees can view their punch history, schedules and messages, while supervisors can check punch activities for all of their direct reports.

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Key Features

  • Global HCM: UltiPro offers multinational organizations an HCM solution that processes and manages people data, meets local compliance, and supports the entire global workforce with a centralized system. It connects people around the world with the information and resources they need to work.
  • Onboarding: This feature delivers collaborative technologies that help new employees connect with your company. It builds relationships, increases employee engagement and improves business performance. It also simplifies the completion, review and signing of electronic employee onboarding documents such as tax forms, policy documents and employment eligibility forms.
  • Succession Management: Using this solution helps decision-makers find, track and compare individuals to identify and evaluate potential successors for specific roles. Employees can use it to define their career aspirations and develop a readiness to step into key leadership positions. It also considers talent factors such as leadership potential, performance and promotability.
  • Compensation Management: Make smart decisions regarding future compensation for individuals or entire teams, and create plans that will reward employees and strengthen the alignment between individual contributions and business performance. The feature pairs an intuitive experience with relevant business and talent data so you can navigate reward allocation while keeping the focus on your people.
  • UltiPro Dashboard: This feature gives users a centralized human resources portal where they can easily access the information and tools needed to work. It enables employees to access their pay, benefits, HR data, performance information and more.

Limitations

  • UltiPro can only process payroll for employees in the United States and Canada.
  • It does not allow a fully functioning org chart that’s printable (where organizations can see the entire organization, not just by each manager).
  • The software does not provide warnings for expiring passwords.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

ADP Workforce Now

Our final Workday competitor is ADP Workforce Now, a cloud platform that manages all HR services for businesses of any size across industries such as hospitality, restaurant, construction, financial services, healthcare and education.

It has tools for various functions such as payroll, workforce management, HR Management, talent management, benefits management and insights.

ADP Workforce Now

The payroll tool in ADP Workforce Now

Top Benefits

  • Tax Management: ADP Workforce Now has native tax management and compliance tools, which let you electronically deduct and file federal, state and local taxes. Built-in error detection helps you identify problems, and online reporting and analytics grant greater visibility into HR performance. Expert regulatory and compliance support is provided for companies in every state as well as abroad.
  • Automated Attendance Tracking: You can streamline repetitive tasks through automated alerts, rules, overtime calculations, timecard approvals, exception reports and more. Employees can view work schedules, swap shifts, request time off and clock in remotely using the geolocation setting. The system syncs with Google Outlook Calendar for a more seamless experience.
  • Employee Dashboards: The solution provides insights about the business and reduces administrative burdens. Employees can access pay stubs, forms, and time and attendance metrics online or through the mobile app. Analytics and insights help executives and managers make data-driven decisions
  • Mobile App: Users can perform various activities from any device, no matter where they are. They can track and print pay statements, manage attendance remotely, view benefit plan information, check their pay card balance and more.
  • Languages: ADP Workforce Now supports English, French and Spanish for organizations with dispersed workforces and localized needs.

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Key Features

  • Payroll: The web-based payroll reduces compliance errors, cuts costs and provides relevant insights. It draws pay, benefits and time data from a single database to ensure greater accuracy.
  • Workforce Management: Using this feature, you can manage employee records, track and report on compliance, and monitor status changes to employees. It also provides onboarding, with multiple forms, including policy acknowledgment. Reporting tools help you collect and analyze workforce data.
  • Insights and Reporting: Embedded with machine learning, the system works with ADP DataCloud to run reports and reveal business-critical issues, patterns and trends from payroll, time, human resources, talent and benefits data. Benchmarks let you track how your organization is performing compared to comprehensive market data.
  • Talent Management: This suite of tools enables your company to attract, engage and retain people, as well as set compensation levels and manage employee performance. You have the option to build a career website where you can share job openings, videos and other content.
  • Benefits Enrollment: ADP Workforce Now’s benefits platform promotes retention and cost control, providing end-to-end management for benefits enrollment and administration. It also offers a customizable benefits practitioner dashboard that provides visibility into costs.

Limitations

  • ADP Workforce Now does not generate reports excluding terminated employees.
  • Users can’t share W-2 forms via email.
  • There’s no department breakdown when viewing employee time cards or clocks.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

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Conclusion

Although the five solutions we looked at are the biggest Workday competitors in the HR software market, it’s critical to make sure a vendor fulfills all your most important requirements before making a final decision.

This article is meant to be a starting point for vendor evaluation, providing you with some initial vendors to take a look at. If you want to dig deeper, check out our HR comparison report, which shortens the research process and provides side-by-side analysis of the solutions that most closely match your requirements.

Which Workday competitors are you most interested in? Write to us in the comment section below.

Shaleen JhaWorkday Competitors: Competitive Analysis of Top 5 Alternatives

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