HRMantra Performance Management vs Workday comparison

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19,814 views|12,410 comparisons
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Executive Summary

We performed a comparison between HRMantra Performance Management and Workday based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Workday, Oracle and others in Talent Management.
To learn more, read our detailed Talent Management Report (Updated: January 2024).
756,036 professionals have used our research since 2012.
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Pricing and Cost Advice
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  • "With a bigger budget, I would recommend SAP."
  • "Workday is an expensive solution."
  • "You have the license fee per module, and then you have a kind of annual training fee, which is a kind of add-on. I wouldn't say it is exhaustive; it is minor. Licensing is pretty transparent for most of the part."
  • "The pricing is good from an HR perspective, although management gets upset after spending $500,000 a year, every year."
  • "Its price is pretty high. It is more expensive than what is offered by other competitors in the market."
  • "It has an annual subscription rate, but I'm not sure how it will work."
  • "The pricing for this solution is fairly high. It is not affordable for small and mid-sized companies."
  • "By and large, Workday is expensive. It is based on the headcount. I'd probably rate it a three or four out of five in terms of pricing. It'd be like buying a Mercedes or a high-end car. It's expensive, but there's a specific value that you're getting with additional features and things of that nature. Using that metaphor, Workday probably tends to be more of a luxury. There are others like ADP that can do your payroll, your time off, and other things, but they don't do it as well."
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    Ranking
    51st
    out of 85 in Talent Management
    Views
    110
    Comparisons
    74
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    2nd
    out of 85 in Talent Management
    Views
    19,814
    Comparisons
    12,410
    Reviews
    25
    Average Words per Review
    406
    Rating
    8.3
    Comparisons
    Also Known As
    HRMantra Software
    Learn More
    Overview

    Create any kind of PMS like 180 or 360 degree system based on competencies & KRAs weightages for each group & generate bell curve analysis

    Performance Chart

    The performance chart of the appraised employees can be viewed through 3D customizable dashboards.

    Monitor Performance

    This will help you in monitoring in which direction your employee’s performance is moving in terms of Readiness, Final Rating and Potential.

    Goal Setting

    You can create goal setting with the help of KRA’s and there is also a balanced score card with its 4 perspectives.

    Identify Training Needs

    In order to identify training needs of an employee at the time of appraisals, create a competency development method and decide its options.

    Different Appraisal Formats

    You may have different appraisal formats for different organizational hierarchies and user levels so as to get an accurate performance evaluation.

    Unbaised Performance Appraisals

    All these features of our Performance management software help talent management through unbiased performance apppraisals.

    KRA Form

    The KRA form can be opened for the employee to see and set KRA’s by self.

    Unlimited Pay Heads

    Even if you have the most complex payroll in the world, HRMantra payroll software can handle it. Create unlimited pay heads using very powerful formulae & parameters to calculate loan, bonus, salary & tax calculations.

    Performance Reviews

    HRMantra PMS software helps in keeping an all round tab on the performance of your employees by getting them appraised in an unbiased manner by their bosses, their subordinates, their clients, their peer group, the HRD and the employee himself. These performance reviews are online, can be customized to each position and done whenever required.

    Training Program

    A training program can consist of many training topics and these programs can then be set at your company, department or designation levels.

    Inter Year Analysis

    You will also quickly know percentage of pending appraisals as also eligibility for appraisals department wise. You can do inter year analysis of performance to check which employees performances have degraded or improved dramatically compared to last year.

    Unlimited Appraisal Levels

    You can create any number of appraisal levels like self, HOD, peer groups or sub-ordinates giving you the options to set 180 or 360 degree appraisal system. Each of the appraisal levels can have different weightages and select whether one appraisal level can see the other person’s evaluation or not.

    Competencies Matrix

    You can create competencies matrix and map it to a role giving different weightages to each competency. Similarly create the key result areas (KRA’s) at any organizational hierarchy level and for each such department for a certain KRA you may have many key performance indicators or measures.

    Review Appraisee

    In the final appraisal form, the appraisal committee can review the scores of the appraisee and the appraisers. After checking their scores they can give recommendations and also decide what kind of training programs he needs to undergo to be able to handle his next job assignments properly.

    Succession Planning

    You can also do succession planning with the help of color-coding theory.

    Readymade Reports

    There are lots of readymade reports for quick analysis.

    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.

    Sample Customers
    Vibgyor High School, Ferrero Rocher, Piramal, TATA Teleservices Limited, Group Shaman
    AAA, Allied Global, Avago Technologies Limited, Aviva, Cardinal Health, CareFusion, Chiquita Brands International, Equifax, Flextronics, HP, Life Time Fitness, McKee Foods, MGM Resorts International, Sanofi, ServiceSource International, Symantec, TripAdvisor, Yahoo!
    Top Industries
    No Data Available
    REVIEWERS
    Financial Services Firm29%
    Manufacturing Company10%
    Computer Software Company10%
    Transportation Company6%
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company9%
    Financial Services Firm7%
    Manufacturing Company6%
    Company Size
    No Data Available
    REVIEWERS
    Small Business25%
    Midsize Enterprise9%
    Large Enterprise65%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise32%
    Large Enterprise54%
    Buyer's Guide
    Talent Management
    January 2024
    Find out what your peers are saying about SAP, Workday, Oracle and others in Talent Management. Updated: January 2024.
    756,036 professionals have used our research since 2012.

    HRMantra Performance Management is ranked 51st in Talent Management while Workday is ranked 2nd in Talent Management with 27 reviews. HRMantra Performance Management is rated 0.0, while Workday is rated 8.2. On the other hand, the top reviewer of Workday writes "Offers good business process framework and out-of-the-box reporting, and brings operational efficiencies". HRMantra Performance Management is most compared with PeopleStrong , whereas Workday is most compared with SAP SuccessFactors, SAP HCM, Oracle HCM Cloud, PeopleSoft and UKG.

    See our list of best Talent Management vendors.

    We monitor all Talent Management 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.