Dayforce HCM vs Oracle HCM Cloud comparison

Dayforce HCM

Read 14 Dayforce HCM reviews

2,162 Views
1,326 Comparison Views

94% willing to recommend

Oracle HCM Cloud

Read 67 Oracle HCM Cloud reviews

7,458 Views
5,022 Comparison Views

92% willing to recommend

Dayforce HCM

Oracle HCM Cloud

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Dayforce HCM and Oracle HCM Cloud based on real PeerSpot user reviews.

Find out in this report how the two Cloud HCM solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Dayforce HCM vs. Oracle HCM Cloud Report (Updated: July 2024).

Buyer's Guide

Dayforce HCM vs. Oracle HCM Cloud

July 2024

Download the complete report

Helped 793,295 peers since 2012

Categories and Ranking

Dayforce HCM

Ranking in Talent Management

8th

Ranking in Cloud HCM

6th

Average Rating

8.6

Number of Reviews

Ranking in other categories

Talent Intelligence (3rd)

Oracle HCM Cloud

Ranking in Talent Management

3rd

Ranking in Cloud HCM

4th

Average Rating

7.8

Number of Reviews

Ranking in other categories

Benefits Administration (2nd), HR Analytics Software (2nd), Talent Acquisition (3rd)

Mindshare comparison

As of July 2024, in the Cloud HCM category, the mindshare of Dayforce HCM is 2.0%, down from 4.0% compared to the previous year. The mindshare of Oracle HCM Cloud is 6.9%, down from 13.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Cloud HCM

Unique Categories:

Talent Management

1.4%

Benefits Administration

9.4%

Featured Reviews

Thomas Noorkah

Director of Enterprise Financial Systems at City of Columbus

Mar 27, 2023

Greatly improved our efficiency with its integrated time and attendance module

Dayforce has given us near to real-time access to time sheets and clockings since it has an integrated time and attendance module. Within six minutes of someone clocking in, we can see them on the timesheets. Dayforce has enabled us to smooth out our payroll system so not everything is happening at the end of the payroll cycle. We can see the impacts during the week and make it a lot more manageable. It's also been helpful for benefits administration with employees being able to file life and work events online. They can access their pay stubs, request leave, change their address, update their direct deposit details, and other things. We've become much more efficient, and much less paper driven.

Read full review

Sinara Olivares

Functional Consultant at K&F Consulting

May 16, 2024

An easy-to- access cloud platform essential for payroll and security needs

I think Oracle HCM Cloud has provided a friendly solution that improved several processes. They moved to a paperless system, eliminating the need for signing numerous documents. Now, all their information is updated and secure in the system, accessible only to those who need it, whether for a…

Read full review

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Great time and attendance payroll and benefits administration which has improved our efficiency."

"The initial setup is easy."

"The time capture from time cards to charging to projects has greatly improved because it is now all automated and flows into the GL very easily."

"The implementation was through a team assigned to us by Ceridian. They were extremely knowledgeable and it made the implementation go very smoothly."

"Dayforce has transformed how we operate by saving us time, paper, accuracy, money, and the employee/supervisor experience."

"Ceridian Dayforce HCM is a stable product."

"We used the solution to do a lot of performance management during the review cycle and it helped us alleviate the administrative burden."

"The integrated time clock has provided efficiencies in payroll, as we no longer have to decipher handwritten time sheets and input them into the system."

More Dayforce HCM pros

"The most valuable feature of Oracle HCM Cloud is the dashboards, customization, and configuration."

"The most valuable feature is the support for mobile devices."

"I like that it is mobile responsive and you can work directly with the vendor on specific requirements that you might have."

"We have not had any issues with the stability of this solution."

"The solution is very good at building out a roadmap based on client needs and feedback."

"The most valuable features of the solution are the core HR, absence, payroll, and recruitment modules."

"The valuable features of Oracle HCM Cloud are the frequent updates, if there are any discrepancies, we consult with our record directly and they come up with the solution for the betterment of the cloud."

"Oracle HCM has a great reporting platform, OTPI, with drag-and-drop functionality. I can design my own reports without relying on the technical team. This empowers HR users to create reports based on their needs, which is a huge advantage."

More Oracle HCM Cloud pros

Cons

"Many things are presented as though they will be included with the system but then require costly upgrades."

"The reporting could be improved."

"The solution has a lot of glitches."

"An area for improvement could be a little more testing before implementing hotfixes to make sure they do not interfere with any active customized products."

"The solution's initial setup was difficult. Also, the solution's initial deployment took around six months."

"Our current software program offers a home page with important company documents and a place for company announcements. Unfortunately, Ceridian Dayfoce does not offer this."

"Dayforce has its gaps like every HR system, but nothing comes to mind at the moment."

"I would like to see more built-in forms. This would save a lot of time during the year-end process."

More Dayforce HCM cons

"The solution's approvals hierarchy or employee hierarchy needs some improvement and more flexibility."

"There should be more digital assistance included, like chatbots."

"The tool's configurable side allows you to have more flexibility, but at the same time, it creates a lot of confusion that still has to do over so much of the configuration, which are areas that are conflicting in nature."

"The product is comparably complex to install and deploy properly."

"It would be very nice if we were able to roll back transactions from data that was loaded with the data loader."

"In some cases, the price may be lower depending on what is negotiated."

"The initial setup is straightforward. However, it is more complex than Oracle Taleo because it has a lot more features have complexity."

"We have received some unfavorable feedback regarding Oracle HCM Cloud's performance. This has led us to investigate alternative solutions. In my own experience, I have struggled with the slowness of the cloud assessment and the overwhelming complexity of the software's robust architecture. I have reservations about sharing any positive experiences I may have had with the solution."

More Oracle HCM Cloud cons

Pricing and Cost Advice

"Ceridian continually enhances Dayforce HCM. Some of these enhancements they charge for and some are just straight enhancements with no extra charge."

"I rate the solution's pricing a seven on a scale where one is the lowest and ten is the most expensive."

"We found the setup costs and pricing to be very reasonable."

"The XOXO program associated with Dayforce allows you to earn credits towards registration and accommodations at their annual Insight Conferences, which can be a real savings to the company when sending employees to the conference."

"In terms of pricing, the product is expensive. However, it is crucial to take into account the manner in which the solution will be utilized and the availability of other alternatives."

"We paid for the implementation costs in the first year with the money that we saved by switching to Dayforce HCM."

"Earlier, the price of the product was reasonable. Under present circumstances, the price or cost of the product has been increased."

"Negotiate for everything you want."

"On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a five out of ten."

"Oracle HCM Cloud is pricey, but price-wise, it's now more competitive than in the past year. Here in Central Europe, people also look at the pricing, but Central Europe falls under the UAE and Abu Dhabi in terms of headquarters, management, and strategy, but those states don't care too much about the pricing. Pricing is a significant factor in choosing a solution. In the past, Oracle HCM Cloud was compared to the SAP solution, the largest competitor and up to thirty percent higher in price. Now, Oracle HCM Cloud has a price increase of five to ten percent, which could be pricier than SAP now, but it's a more competitive product nowadays and comparable to SAP."

"Though I cannot comment on the solution's cost, a fixed cost is involved based on my understanding. The cost multiplies based on the number of users."

"According to the Turkish market, the pricing is a little bit expensive."

"The solution’s pricing is high."

"Oracle HCM offers many features at a low price."

"The contract for one of them will be extended for three years and for another one for two years. One of them is paying monthly, and another one is paying per quarter. I don't know about the third one. So, it differs."

"The price for Oracle HCM Cloud is expensive in Iran, but in other countries, such as Turkey, it can be reasonably priced."

More Oracle HCM Cloud pricing and cost advice

See which vendors are best for you

Use our free recommendation engine to learn which Cloud HCM solutions are best for your needs.

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Top Industries

By visitors reading reviews

Educational Organization

53%

Computer Software Company

Manufacturing Company

Healthcare Company

Educational Organization

49%

Computer Software Company

Financial Services Firm

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about Ceridian Dayforce HCM?

The solution's payroll portion is very streamlined.

See all answers

What needs improvement with Ceridian Dayforce HCM?

The solution's dashboards and geofencing could be improved. Typically, a lot of systems have a special reason code for every field. In Ceridian Dayforce HCM, the reason code is the same section tha...

See all answers

What is your primary use case for Ceridian Dayforce HCM?

I use the solution in my company for most of the work except for performance reviews and talent acquisition. My company uses the tool for its benefits, like HCM, payroll management, and time off re...

See all answers

What are the differences between Oracle HCM Cloud and PeopleSoft?

Although both are solutions to manage HR, their differences make each one suitable for different companies. Oracle Cloud HCM is a platform for connecting all human resource processes in your organ...

See all answers

What do you like most about Oracle HCM Cloud?

The most valuable features of the solution are the core HR, absence, payroll, and recruitment modules.

See all answers

What is your experience regarding pricing and costs for Oracle HCM Cloud?

I am not normally involved in the product's pricing since it normally involves the packages that a user chooses. Pricing differs based on a case-to-case scenario and client-to-client basis.

See all answers

Comparisons

Workday vs Dayforce HCM

Compared 35% of the time

SAP SuccessFactors vs Dayforce HCM

Compared 21% of the time

UKG vs Dayforce HCM

Compared 18% of the time

Netsuite SuitePeople vs Dayforce HCM

Compared 6% of the time

Alight vs Dayforce HCM

Compared 6% of the time

More Dayforce HCM Competitors

SAP SuccessFactors vs Oracle HCM Cloud

Compared 27% of the time

PeopleSoft vs Oracle HCM Cloud

Compared 16% of the time

Workday vs Oracle HCM Cloud

Compared 16% of the time

SAP HCM vs Oracle HCM Cloud

Compared 14% of the time

Eightfold Talent Intelligence Platform vs Oracle HCM Cloud

Compared 1% of the time

More Oracle HCM Cloud Competitors

Product Reports

Buyer's Guide

Dayforce HCM

July 2024

Download Dayforce HCM product report

Buyer's Guide

Oracle HCM Cloud

July 2024

Download Oracle HCM Cloud product report

Also Known As

Ceridian Dayforce HCM, Ascender Talent Management, Ceridian Ideal

Oracle Human Capital Management Cloud

Learn More

Dayforce

Oracle

Overview

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:

Hire the right people
Design work/life balance plans
Manage employee development
Handle payments
Administer benefits
Track compliance throughout the employee lifecycle

Dayforce HCM Features

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

Continuous payroll for staff: Dayforce HCM aids in paying staff accurately and on schedule. Give your payroll staff the ability to access and audit data at any time during the pay cycle.

Personnel management: Empower and engage your frontline employees while keeping labor expenses and compliance under control. Make proactive, data-driven decisions that can help you run your business more efficiently.

Optimized staff benefits: Assist employees in selecting the best benefit plans while streamlining administrative tasks. With the help of analytics, you can maximize the value of your benefits investments and gain a better understanding of your costs.

Streamlined human resources: With a single consolidated, real-time solution, you can eliminate HR information silos. Improve HR productivity by streamlining administrative tasks and gaining access to key HR analytics.

Dayforce HCM Benefits

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

Dayforce HCM aids in planning, hiring, retaining, and building your team, whether they be full-time employees or hourly workers. Insights based on data can help you see around corners and predict the future.

Dayforce HCM helps you keep track of compliance everywhere in order to reduce risk. Simplify compliance in a global workplace. Keep up with complicated payroll and tax requirements from different regions and countries, as well as internal policies and processes. Dayforce can help you reduce the risk – and the cost – of noncompliance.

Dayforce HCM empowers your workforce by improving your employee experience with always-on technologies like Dayforce Wallet. Transform pay, enable self-service, and assist your employees in developing future skills, no matter where they are or what device they are using.

Natively built for the cloud, Oracle Fusion Cloud Human Capital Management is a complete solution that connects every human resource process—and every person—across your enterprise. We help you create a community where people feel valued, heard, and like they belong. With a single user experience and data model and seamless processes and infrastructure, Oracle Cloud HCM can help you redefine what best looks like for your people.

Platform capabilities empower every HR process including: Global HR, Talent Management, Recruiting, Learning, Workforce Rewards, Workforce Management, Work Life Solutions, HR Help Desk, Workforce Health and Safety Incidents, Payroll Management, Benefits Management, Advanced HCM Controls, and Strategic Workforce Planning.

Top 10 Reason Why Customers Choose Oracle Cloud HCM:

Tailored User Experience

Employees expect tailored experiences from their work technology and want to feel supported by their organization regardless of where, when, and how they work. Providing employees with a tailored user experience is now a necessity—one that many HR teams are striving for as they evaluate their technology. That’s why Oracle Cloud HCM offers the only complete employee experience platform that empowers your people to connect, grow, and thrive.

Adaptable and Extensible

HR is at the forefront of navigating change and needs to be able to adapt quickly as new challenges arise. Oracle Cloud HCM delivers an adaptable and flexible solution to meet changing business practices, regulations, and environments.

Complete HCM Cloud Solution

Organizations that want to manage the entire employee lifecycle select Oracle Cloud HCM because it’s the most complete HR cloud solution on the market. Built as a single cloud solution for all HR functionalities, it connects every HR process from hire to retire.

Complete Enterprise Solution

One of the many things that sets Oracle apart from other vendors is that we natively built our software-as-a-service (SaaS) applications on our own cloud platform and infrastructure. With applications and data all on one platform, you can gain unobstructed visibility across your organization and increased data security

Improved Business Value

Oracle customers leverage our HCM cloud application to drive business value through better user engagement and adoption, streamlined processes, improved productivity, and lower total cost of ownership

Dedication to Innovation

Innovation is the biggest benefit of moving your systems to the cloud. Our quarterly updates allow us to continuously deliver new and exciting features. With a team of more than 20,000 engineers, Oracle delivers more than 1,000 innovation updates annually—80% of which are based on customer feedback.

Data Security and Privacy

Oracle has a strong security culture and is trusted by

organizations worldwide with strict security requirements. Stored in state-of-the-art data centers, Oracle Cloud HCM and our infrastructure have advanced multilayered security measures that can help customers meet both local and international regulations

Vibrant HR Community

Oracle Cloud Customer Connect is a vibrant online

community of more than 40,000 HCM users and a great place to crowdsource information, discuss the latest releases, register for in-person or virtual events, and submit product suggestions.

Customer Success

Oracle customers have access to an implementation success manager, on-demand education, and success planning tools. We offer 24/7 customer service in 145 countries worldwide to help you maximize the value of your investment.

Global Capabilities

Most enterprises today operate at both the global and local levels, so our customers appreciate that Oracle Cloud HCM is designed to meet both international and regional needs for more than 200 jurisdictions and 27 languages.

Oracle HCM Cloud is a complete HR application suite which helps organizations become more strategic and agile with a best-in-class workforce experience. It integrates HR best practices and technology to provide an engaging, informative, and adaptive HR experience throughout the entire employee lifecycle. Oracle HCM Cloud allows organizations find, develop and retain the best talent, enable collaboration, deliver deep workforce insights, and increase operational efficiency

Sample Customers

ACCO Brands

Kovaion Consulting India Pvt. Ltd., eVerge Group, Kalpataru, Logicalis Inc., Macmillan Science and Education, Drivestream Inc., Kamal Osman Jamjoom Group LLC, WAXIE Sanitary Supply

Buyer's Guide

Dayforce HCM vs. Oracle HCM Cloud

July 2024

Free Report: Dayforce HCM vs. Oracle HCM Cloud

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