We performed a comparison between PeopleSoft and Workday based on real PeerSpot user reviews.
Find out in this report how the two Benefits Administration solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."PeopleSoft is easy to understand, where any end user that is logged in can easily navigate through the menus."
"This solution integrates very well with other products which is helpful."
"The integration between Human Capital Management (HCM) and PeopleSoft is an important feature."
"I often say that PeopleSoft's greatest feature is how customizable it is."
"I would rate scalability a nine out of ten."
"The most valuable feature of the solution is its stability."
"We use a lot of typical cases from PeopleSoft, for example, solutions for security, business performance, monitoring processes, and a lot of training."
"Flexibility in configuration."
"It's actually a cloud-native solution and based on the community for development. It is a very good open architecture and able to interconnect with other systems. And it is very stable and very fast in terms of response."
"The product is useful for storing employee records."
"It saves a lot of time for onboarding processes."
"This product is leaps and bounds above the competition. Part of the reason is that it is built with modern technology. It has no legacy coding in it at all."
"Workday is a secure product."
"It's intuitive, a very usable tool and it's easy to find the data you're looking for."
"The most valuable feature of Workday is the ease of use which is overall user-friendly."
"Workday's best features are planning and finance."
"It would be helpful for the end-user if the reports were customized. They would be able to select the fields while generating their reports."
"The solution could have better processes and automation, or features that allow for a paperless environment."
"Global payroll could be easier to use."
"Parsing of CVs is productive but accuracy can be improved."
"If there is another release, they should look at going to mobile computing to stay competitive."
"Areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically."
"This solution could be improved by lowering the cost of support."
"The solution could improve by offering PeopleSoft site licenses. Currently, Oracle is pushing for everyone to transition to the cloud, but clients are discontent with this approach. Offering new PeopleSoft site licenses would be the most beneficial for our clients."
"The solution should be more user-friendly."
"The finance module of this solution is not great and needs improvement."
"My opinion is that this solution can improve the overall integrations and add more automation. I think anything that could be on a self-serve basis would work quite well."
"Reporting systems should be improved. If you want to report it on paper, if you want something more BI oriented, more high level predictive or more data-driven, it should be improved."
"The price could be lower."
"Setting up reports can be a bit tricky."
"The cost of Workday is certainly not inexpensive. It's very pricey."
"My only suggestion might be to include a brief description of any new fields we introduce, making it easier for people to use them. Perhaps this is something they can consider implementing."
PeopleSoft is ranked 3rd in Benefits Administration with 80 reviews while Workday is ranked 1st in Benefits Administration with 49 reviews. PeopleSoft is rated 8.0, while Workday is rated 8.2. The top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". On the other hand, the top reviewer of Workday writes "The solution's interface is clean, organized, and easy to use ". PeopleSoft is most compared with Oracle HCM Cloud, Oracle Fusion Cloud ERP, SAP SuccessFactors, SAP ERP and Oracle E-Business Suite, whereas Workday is most compared with SAP SuccessFactors, SAP HCM, Oracle HCM Cloud, UKG and Cornerstone Learning. See our PeopleSoft vs. Workday report.
See our list of best Benefits Administration vendors, best Talent Management vendors, and best Talent Acquisition vendors.
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Big question but let me try to sum this up without diving too deep into the details.
1. Workday is the only fully in memory consolidated application on the market. It is an event-driven snapshot-based system and is SAAS only. Everything you do is an event and some of the events are exposed as business processes on the Workday business process framework. The only way to access data is through API operations.
2. PeopleSoft has been around a long time and is a database-driven application. You can access it through a browser and leverage PeopleTools to customize it to do what you need. PeopleSoft can be on-premise or hosted by Oracle. No new releases have come out in a while that I am aware of. I don’t know what the long term prospects of PS being around are. Different databases house different functional areas, i.e. HR, Financials, Student.
3. SuccessFactors is a consolidation of systems through acquisition. Its several databases being kept in sync under the covers with triggers and coding. I think parts of the application work well and others have a ways to go.
To me, the bottom line is really the technical aspects of the applications are hugely different in their approach. Workday being fully consolidated in memory SAAS solution,
PS being older highly customizable and SuccessFactors being a bunch of systems under the covers all pushing data between different databases to keep things in sync. Functionally I would say they each have their wheelhouse.
Workday is excellent for global implementations where you want to have employees from different geographies on the same HCM platform. Workday gives you the comfort of end to end global implementation on the same platform.
SAP SuccessFactors has strength in PMS and learning. India payroll is not so strong.
PeopleSoft (Oracle HCM) has strength in core HR data management, time and attendance, and recruitment, but their learning module is quite average.
I’m sharing my experience based on the evaluation I had conducted two years back.
I have compared some with Oracle Fusion and all have their pluses and minuses.
Workday was too complex for a company to maintain. They replaced PeopleSoft (old version) by Oracle Fusion because this was
preferred due to the integration and UX.
Currently, we applied the HCM - Oracle Fusion for Capital Management in our industry operation.
We already take time for package selections of HCM solutions then we understood for success to be deployed of solutions belongs to the implementation partners.
We based on the optimization triangle concepts are “SOLUTIONS – REALISTIC/APPLICABLE – COSTS”.