Comparing both Workday HCM & Oracle HCM is difficult to find the best out of these two. Each one is empowered with powerful tools to help the company to function in a better way in almost all terms such as employees’ benefits, access to their details, planning tools, etc.
2. Workday HR & HCM
Finding the best HR software is crucial for every enterprise since it is
connected with company growth & financial aspects. Connecting all
aspects of HR in one software will nullify IT interference, and
dependency on third-party applications. Analytics and reports can be
taken easily if everything is connected in one place.
A cloud-based HCM called Workday nullified the value of on-premise
HR software by Oracle. To meet the trend & compete with cloud-
based Workday software, Oracle released HR software on the cloud.
Let’s see the features of both Workday and Oracle’s cloud-based HR
software.
3. Workday HCM Vs Oracle HCM
Oracle HCM Cloud is built on Oracle’s cloud database. It is powered by an
AI-based digital assistant. To meet the current technology & competitors
like Workday, Oracle released Oracle HCM on the cloud in 2011. Since it is
connected with financial-oriented databases, it gains importance in terms
of planning, and decision-making as part of a company. Three modules are
there separately.
Talent, Recruiting, and Workforce tools as individual tools help
organizations to analyze well. Comparing both Workday HCM & Oracle HCM
is difficult to find the best out of these two. Each one is empowered with
powerful tools to help the company to function in a better way in almost all
terms such as employees’ benefits, access to their details, planning tools,
etc.
4. Talent Management Tools
Both Workday & Oracle provide talent management
tools but in different ways. Workday comes with
talent management tools specifically for measuring
employees’ skills, and the growth of an organization.
It spreads the concept of Talent Management tools
into different modules Payroll, Recruiting &
Employee training. Oracle includes everything such
as Recruitment, educating employees, and
Compensation under one roof called Talent
Management tools.
5. Workforce
The prediction tools of Workday that function
based on the total cost of the workforce from
origin help leaders design predictive models to
utilize the human resources in a better way for the
company's growth. It would be more useful in
getting approvals in the budget for hiring projects
& recruiting models on time using data
visualization tools.
6. Recruiting
Compensation modules & performance management
tools are connected with Recruiting tools in Workday.
Connection with company financials through
compensation strategy tools makes the process of
budget approvals & on-boarding new employees in
faster mode. Performance management tools track
the skills of top performers & help recruiters give
importance to such skills while hiring.
7. Learning Modules
Workday provides learning modules as part of the
software with a quiz to track employees’ learning
process. Oracle has a separate module dedicatedly
for learning purposes. The learning tool of Oracle is
customizable also.
8. Implementation
Implementation of both Workday & Oracle
software is not as easy as installing any app. It
needs certain consultation from experts.
Implementation is tough & complex in both
Workday & Oracle. Organizations have to hire
a consultant for the same.
9. Features
The Human Resource Management & Succession
planning features of both Oracle & Workday are equally
good.
Asset management, Payroll management, Onboarding,
Leave & Absence management, and Recruiting features
of Workday are much better than Oracle.
Performance & goals, Employer self-service,
Performance management, and HR Reporting features
of Oracle are comparatively better than Workday.
10. Choosing the right HR software for your company depends on your needs
such as whether you want financials for payroll management & compensation
or you want separate financial tools. Both are good in certain features.
Workday is cost-effective & great in functionality as well. Workday serves all
medium-sized organizations & meets the needs of large -scale businesses in
an effective way.
Well-known companies such as dell, Netflix, airbus, etc., Are using workday
for their workforce. Workday is built from scratch by understanding the
requirements of an HR team, unlike oracle which is A combination of
multiple software. User-friendly & faster updates that adapt to the changing
world’s new technology keep workday popular among organizations.
11. Contact us
Address:
86, Light House Rd, Kollupuram, R.S. Puram,
Coimbatore, Tamil Nadu 641001, India
Phone no.:
+91 956 604 8693
Email:
workday@erpcloudtraining.com
Website:
https://www.erpcloudtraining.com/