PeopleSoft and Dayforce HCM are strong contenders in the HCM market. Dayforce HCM appears to have an edge due to its streamlined payroll processes and mobile capabilities, which are critical for modern workforce management.
Features: PeopleSoft offers extensive customization and integration capabilities, valuable for enterprise-wide functionality. Its configurability, robust reporting, and analytics are key features. Dayforce HCM excels in comprehensive payroll processing, mobile access, and strong integration across time management and benefits, appealing to large organizations seeking unified solutions.
Room for Improvement: PeopleSoft faces mobility issues, performance limitations in payroll processes, and calls for a more user-friendly interface. It also needs better third-party integration and enhanced reporting. Dayforce HCM's reporting can be complex, with suggestions for easier configuration and search improvements. Enhancing its user interface and compliance features could also boost user satisfaction.
Ease of Deployment and Customer Service: PeopleSoft is primarily on-premise, with deployment complexity balanced by customizability and variable technical support quality. Dayforce HCM, a cloud-based solution, is noted for ease of deployment and excellent support, though smaller businesses might find it overwhelming.
Pricing and ROI: PeopleSoft's pricing is high, linked to user and module numbers, but provides a strong long-term ROI. Dayforce HCM is considered reasonably priced with negotiable components, suitable for large organizations with its feature-rich offerings justifying the investment. Both solutions offer strong ROI, though PeopleSoft requires a larger upfront investment.
Dayforce HCM is a global, cloud-based human capital management (HCM) software platform for managing the complete employee lifecycle. This solution was designed to improve the employee experience by bringing together data from across the employment cycle to help managers make better decisions at all levels.
Dayforce HCM is an HR, payroll, benefits, workforce management, and talent management platform. The scalable software uses a single, flexible rules engine, as well as real-time updates and calculations, to help you meet complicated regulatory requirements.
Dayforce reduces the burden of disconnected applications by delivering a single application for all of your human capital management needs. All transactions made anywhere within the application flow seamlessly across all functional areas in real time, eliminating the need for repeated data entry, manual workarounds, and batch operations. This is thanks to a single employee record and a single rule engine. Organizations can achieve shorter training time, faster user adoption, and a faster return on investment.
With Dayforce HCM, users can view all HR data in real time in one place.
Here are some key tasks companies can do with the solution:
Dayforce HCM Features
Dayforce HCM has many valuable key features. Some of the most useful ones include:
Dayforce HCM Benefits
There are many benefits to implementing Dayforce HCM. Some of the biggest advantages the solution offers include:
PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.
PeopleSoft Features
PeopleSoft has many valuable key features. Some of the most useful ones include:
PeopleSoft Benefits
There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:
Reviews from Real Users
PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.
A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”
"PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.
A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."
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