Both Ramco HCM and Workday Human Capital Management are competitive solutions in the HCM market. Workday seems to have the upper hand based on its comprehensive features and perceived value, while Ramco is favored for its cost-effectiveness in pricing and support.
Features: Ramco HCM is known for its flexibility, multi-country payroll management, and user-friendly interface. It offers customizability and features like data upload via Excel and a chatbot for transaction queries. Workday Human Capital Management distinguishes itself with robust analytics, real-time data insights, and an adaptive security model, providing a modern approach to talent management. It also supports self-service capabilities, which streamline employee interaction with HR processes.
Room for Improvement: Ramco HCM could enhance its cloud deployment options and streamline its setup process to reduce manual intervention. There are also opportunities to strengthen its global support channels. Workday could benefit from improving its initial setup costs, expanding its feature set for mobile applications, and continuing to build on customization capabilities within its system.
Ease of Deployment and Customer Service: Workday is recognized for its cloud-based deployment model, facilitating easy updates and integration within existing HR frameworks. Its customer service is efficient with strong global support channels. Ramco offers a hybrid deployment, providing flexibility but requiring more initial setup. Its customer service is personalized regionally, with localized support appreciated by users.
Pricing and ROI: Ramco HCM is known for competitive pricing and cost-effective setup, often providing quicker ROI. Its modular pricing allows organizations to scale while managing costs effectively. Workday, although with a higher initial setup cost, justifies its expense through comprehensive long-term benefits and robust capabilities, promising substantial ROI over time.
Ramco HR & Global Payroll is a complete and refreshingly simple cloud HR software covering HR needs from hire to retire. It offers Core HR, Time and Attendance, Global Payroll (across 45+ countries), Talent Management, Recruitment, Planning & Analytics. Ramco HCM empowers through innovative tech like bots, Zero UI, mobility, in-memory payroll, enabling Digital HR.
Ramco HCM’s unique offerings encompasses but not limited to
Trusted over 400+ multinationals across 35+ countries, Ramco HCM has been globally recognized by Nelson Hall, Everest Group, CIO Honour, Human Resources Group & CIO Choice.
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Workday Human Capital Management is a cloud-based system for managing HR processes globally, including recruitment, promotions, and compensation. It offers flexibility by allowing independent implementation of functions across organizations, enhancing HR management efficiency.
Organizations worldwide rely on Workday Human Capital Management to streamline HR processes through a cloud-based approach, supporting global HR functions such as recruitment, compensation, and employee life cycle management. This platform integrates finance and supply chain management, offering comprehensive tools for performance and organization management. Users benefit from intuitive navigation and reliable employee data management. However, room for improvement in incident handling and payroll support is noted, along with a need for better integration with other systems.
What are the key features of Workday Human Capital Management?Workday Human Capital Management is effectively implemented across various industries, offering unique capabilities aligned with industry-specific HR needs. It provides efficient management tools for sectors like finance, healthcare, and retail, adapting to specific project life cycle requirements, ensuring sectors optimize HR operations efficiently.
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