Feb 04, 2020
Check out our comparison page of Workday vs PeopleSoft vs SAP SuccessFactors:
https://www.itcentralstation.com/products/comparisons/peoplesoft_vs_sap-successfactors_vs_workday
PeopleSoft and Workday are prominent competitors in the enterprise software space, focusing on human capital management (HCM) and financial management. Workday might have an upper hand due to its cloud-native platform and user-friendly interface, enhancing usability and deployment flexibility.
Features: PeopleSoft provides robust customization, comprehensive HR, payroll, and financial modules, and seamless IT integration. Workday is known for its user-friendly interface, rich HCM features, and extensive reporting capabilities, with seamless mobile integration enhancing its usability.
Room for Improvement: PeopleSoft could improve in mobile capabilities, simplify upgrades, and enhance third-party integration. Users also suggest a more intuitive interface to align with modern standards. Workday could enhance reporting flexibility, improve mobile app functionality, and offer more customization abilities, specifically for global payroll and compliance support.
Ease of Deployment and Customer Service: PeopleSoft generally requires significant in-house IT support for on-premises deployment, with improvements needed in support responsiveness and clarity. Workday offers diverse deployment options, including public and private clouds, and users rate its support positively, though faster resolutions and intuitive troubleshooting are desired.
Pricing and ROI: PeopleSoft's pricing can be high due to hardware, customization, and maintenance costs, yet offers long-term value through its configurability. Workday, with its premium pricing tied to headcount and modules, promises substantial ROI, supported by ongoing innovation and efficiency in operations.
If a customer designs custom applications and encounters issues, PeopleSoft will not provide service for those custom applications.
With Workday, I can pick up the phone, call them on Teams, and they answer immediately.
This rating reflects the limitation that custom applications do not receive support.
Small issues take maximum one to two hours to resolve, while major issues take up to 12 hours.
Professionals are transitioning due to challenges in availability, scalability, and resource allocation.
While there is mass upload functionality where we can load shifts for all people or specific groups, we need to select multiple people and assign them to a schedule from the interface itself.
However, going by the demo, I think it is quite simple to use.
It aids me from an auditing perspective, as it's all system-driven, and cannot be altered.
It provides the easiest way to integrate with third-party applications for data exchange between systems.
Comparing Workday to other products, I am taking a positive note about Workday and it is the first priority that I suggested compared to Oracle or other products.
The interface of Workday is superior.
| Product | Market Share (%) |
|---|---|
| Workday | 12.6% |
| PeopleSoft | 4.5% |
| Other | 82.9% |
| Company Size | Count |
|---|---|
| Small Business | 27 |
| Midsize Enterprise | 16 |
| Large Enterprise | 50 |
| Company Size | Count |
|---|---|
| Small Business | 16 |
| Midsize Enterprise | 6 |
| Large Enterprise | 41 |
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:
PeopleSoft Benefits
There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:
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:
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 Benefits Administration 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.
