Workday and Dayforce compete in the human capital management (HCM) software category, with Workday having an edge due to its strong integration tools and comprehensive data management.
Features: Workday offers a consolidated system, making navigation seamless and integrating various processes efficiently. Key features include automation, a robust business process framework, and comprehensive reporting capabilities. On the other hand, Dayforce HCM excels in timekeeping and payroll efficiencies, providing real-time earnings review and robust employee engagement modules.
Room for Improvement: Workday faces challenges with global payroll integrations and a complex configuration process. Users also note limitations in customization and reliance on external support for report creation. Dayforce could improve by enhancing user-friendliness and simplifying reporting. Its dashboards need refinement, and geofencing capabilities require improvement.
Ease of Deployment and Customer Service: Workday facilitates deployments across various cloud environments such as public, private, and hybrid, though it might require technical support for custom configurations. A strong community support network allows for troubleshooting. Dayforce operates mainly in public and on-premises environments, with a highly responsive support team recognized for quick response times.
Pricing and ROI: Workday is considered a high-cost solution but offers justification through its rich modules and integration capabilities, providing ROI via streamlined processes. Pricing is based on headcount and licensed modules, often positioning it as a premium option. Dayforce provides a more affordable alternative with lower implementation and ownership costs. Subscription fees and additional charges might be excessive for smaller companies, although the solution balances these costs with functional benefits.
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:
Workday is a cloud-based software solution that specializes in developing applications for capital and finance management applications. The system is built to work in global workforces and is adaptable. The global system ensures that users are up to date and can manage internal career-related information, and everyday business problems like timesheets, payrolls, and time off.
“A Pioneer in Software-as-a-Service”
Workday Human Capital Management tool is designed to simplify and streamline your work. It leverages machine learning to adapt capital management to a changing environment.
The Workday model is based on delivering a single system that uses a single source of data and a single security model to deliver a unique user experience. The system is user-friendly and ensures that employees and management can use it from any and all devices. Workday HCM integrates into a central system that includes financial management, payroll, recruiting, learning, and planning. Managers and employees can provide feedback to one another, too.
Workday’s features include:
Workday smart platform consists of the following modules:
Reviews from Real Users
Many organizations choose Workday because it provides an all-in-one modular solution for human capital and finance management. Our users say they like the ease of use for time-off requests, career and development segments, and overall HR management. The records and reporting capabilities are another popular feature.
"The solution was very good at reconfiguration and customization of their software. It helped us to meet federal regulations," said one user. Another said that the best feature is the optimization of the work day experience with a unified platform that can be applied across different business units. “You will never find a use case that cannot be covered," said a third.
We monitor all Cloud HCM reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.