Workday and BambooHR compete in the HR software category, targeting different market segments. Workday typically appeals to large enterprises with its comprehensive features, while BambooHR is often favored by smaller to mid-sized companies. Workday seems to have the upper hand due to its extensive tools and analytics, accommodating larger businesses' needs, despite BambooHR's simplicity and user-friendliness for smaller teams.
Features: Workday provides robust integration tools, covering comprehensive HR processes with intuitive navigation. It offers strong analytics capabilities and security features, making it suitable for large enterprises, and is known for its flexibility in reporting and customization. BambooHR, recognized for its user-friendly nature, excels in onboarding, time-off requests, and document storage. It provides essential HR functionalities with customizability and integration capacities, appealing to small to mid-sized businesses seeking simplicity and efficiency.
Room for Improvement: Workday should address challenges in reporting customization and improve its global payroll solutions. Its mobile app is limited, and some users find its interface non-intuitive. BambooHR struggles with performance management flexibility and time-off management, and it has limits on report customization. It lacks advanced HR planning capabilities, which can challenge expanding companies needing more robust tracking and integration features.
Ease of Deployment and Customer Service: Workday offers diverse deployment options, including public and private clouds, and supports a strong community for collaborative support. However, its technical support can be slow, and reliance on external vendors for in-depth assistance is common. BambooHR is predominantly a cloud-based solution, noted for its user-friendliness and responsive customer support, yet it lacks the extensive deployment configurations Workday offers.
Pricing and ROI: Workday is a premium solution with pricing based on modules and user count, considered expensive yet justified by high returns on investment and extensive features, although some smaller firms may find it prohibitive. BambooHR offers competitive pricing for small to medium businesses, with straightforward subscription models and a good balance of feature value, especially beneficial for companies growing their HR capabilities.
| Product | Market Share (%) |
|---|---|
| Workday | 17.0% |
| BambooHR | 3.1% |
| Other | 79.9% |
| Company Size | Count |
|---|---|
| Small Business | 22 |
| Midsize Enterprise | 9 |
| Large Enterprise | 3 |
| Company Size | Count |
|---|---|
| Small Business | 16 |
| Midsize Enterprise | 6 |
| Large Enterprise | 41 |
BambooHR is an all-around end-to-end talent management and benefits administration tool. This solution provides many use cases as it accompanies employees’ work journeys from onboarding to training, to day-to-day administration, and offboarding. This solution benefits the HR team as it provides them with a system that consolidates all of their employees’ information. This information includes, but is not limited to, contact information, bank details, schedules, language ability, vacation, sick days, and more. BambooHR can as well be used for reporting purposes, tracking leave, performance reviews, announcements to employees, and group emails.
BambooHR Features:
BambooHR has many valuable key features. Some of the most useful ones include:
BambooHR Benefits:
There are many benefits to implementing BambooHR. Some of the biggest advantages the solution offers include:
Reviews from Real Users:
Below are some reviews and helpful feedback written by PeerSpot users currently using the BambooHR solution.
An HR Officer at a small financial services firm comments: “In the past, we managed all this [HR] information using Excel. Switching to BambooHR made it easier to access the information. It's easier to use and share reports. I can allow people to do their own reports so they don't need to deal with HR. BambooHR puts everything into one place, so I don't have to comb through several Excel files to collect all the information I need to make a report.”
A Director of Human Resources at a large construction company says: “I would recommend this solution to other users. It has given me the ability to run a lean team and add automation to the way that we work.”
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.
