ADP Vantage HCM vs PeopleSoft vs Workday comparison

ADP Vantage HCM is an on-premises human capital management (HCM) solution suitable for businesses of any size. The solution provides integrated capabilities for managing recruiting, talent management, time management, payroll, and onboarding new employees.

ADP Vantage HCM Key Functions

• Gives hiring managers visibility into their recruitment campaigns, allowing them to hire the top candidates.
  
• Aids in the production and sharing of onboarding programs with new hires and supervisors. Employee performance can be synced with company goals thanks to the built-in talent management tool. Managers can set monthly and annual targets against which their employees' performance can be measured and performance gaps addressed.
  
• Offers capabilities for consolidating employee data for Forms 1094-C and 1095-C, as well as assisting with ACA compliance obligations.
  
• Advanced analytics capabilities are also included in the system for evaluating regular trends and generating business performance insights.
• Helps firms manage their payroll processes.
  
• Data is streamed into your dashboard in real time, and you can use these reports to create diagrams and charts.
  
• Demo version (before making a financial commitment) and online support from the beginning to the end of the process are also available.

The integrated time and labor management tool enables managers to get real-time visibility on these key components:

• Staff attendance
  
• Informed and uninformed absence
  
• Overtime

ADP Vantage HCM Features

ADP Vantage HCM has many valuable key features. Some of the most useful ones include:

• Attract top talent: From recruiting through onboarding, leverage technology and information to create a brand story that attracts top talent and inspires new hires. Link your talent strategy to your business priorities, such as performance, compensation, and succession planning.
  
  
• Benefits and the Affordable Care Act (ACA): Get assistance with streamlined benefits administration, benefit education and enrollment, ACA compliance, and yearly reporting.

• Optimize performance: A cloud-based mobile platform with built-in insights can help you boost productivity, cut expenses, and simplify compliance.

• Payroll: Get faster and easier payroll, as well as strategic insights and the automation of some compliance activities.

• Compliance: Obtain support for important compliance initiatives such as the OFCCP, EEOC, and the FCRA. Automate procedures for collecting and approving tax credit information for federal taxes, as well as verifying forms.

• ADP DataCloud: ADP Vantage HCM is powered by ADP DataCloud, a sophisticated tool that infuses real-time data into the software's processes. You can readily understand how your HCM investments are contributing to your organization's goals.

• Analytics: ADP Vantage HCM gives real-time reports of your employee success rates, as well as the opportunity to export and download this information.

• Customer service: Experts dedicated to your business will help you gain expertise, accountability, and transparency throughout your entire HCM lifecycle.

• Flexible versions and plans: The ADP Vantage HCM sales staff can scale the packages to meet your needs. The platform is also mobile-friendly, with a smartphone app that is connected to and immediately synced with your web-based platform.

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:

• Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.

• Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.

• Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.

• Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.

• Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.

PeopleSoft Benefits

There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:

• Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.

• Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.

• Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.

• Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.

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."

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:

• Flexible framework that lets you organize your staff according to different criteria. You can group employees by function, hierarchy, or department.
• Personalized career guidance: Knowledge management and career guidance that can be easily customized for each staff member and also done at scale.
• Augmented reporting and analytics: Configure, change, update, and publish reports, scorecards, and dashboards. The system centralizes the transactional and analytical data so you can act on the data from anywhere.
• Compensation tools: Compensatio, payroll, and time tracking are automated and simplified.
• Workforce planning allows you to uncover and address talent gaps and get visibility of your staff.
• Mobile-first ensign approach: Users can access all resources from any device, and they are always in sync.
• Machine learning capabilities enable personalized enterprise experiences and faster business processes.

Workday smart platform consists of the following modules:

• Human resource management
• Business process management
• Reporting and analytics
• Benefits administration
• Compensation management
• Talent management
• Survey framework
• Employee and management self-service
  

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.