Namely vs Workday Benefits comparison

Namely is a comprehensive human resources suite that unifies components of payroll, talent management, and benefits. The software has been the HR management platform of choice for about 400 companies and has handled more $2.5 billion in annual payroll and approximately 60,000 employees globally. Namely is a cloud-based program that enables companies to adhere and manage compliance and then streamline basic and complex HR processes, including payroll, benefits and talent management. The system is designed for mid-market companies and help them with stay on top of complicated processes of managing employee information or calculating paychecks that accurately shows deductions for taxes and contributions for benefits such as health insurance.

Workday Benefits provides administrators with unparalleled flexibility and control, to easily design and update global benefits plans with effective-date changes. It acts as a single source for all data, seamlessly integrating with core HR to automate benefits rollout and instantly reflect employee status changes without manual re-entry. Workday offers robust compliance support for regulations like ACA, eliminating the need for complex integrations, manual calculations, or form generation. This significantly reduces administrative burden and ensures accuracy.