Filtering through different HR software tools can be challenging. With so many options, it’s hard to narrow down what’s best for your team. While Workday is a popular HR choice, it definitely doesn’t work for every company. For some businesses, they require more features, more customizable options, or even more flexible pricing. If you’re thinking about switching or comparing other Workday options, this is the guide for you.
First, we’ll discuss what an HR management tool should offer. Then next, we’ll take a look at Workday’s HR platform to understand what features they offer and what features they lack. This is a necessary first step so we can make a better comparison with competitors. Afterwards, we’ll take a deep dive into what Workday alternatives could serve your business needs better.
TABLE OF CONTENTS
- Workday Alternatives: Key HR Software Features
- Workday HCM
- Workday Alternative Solutions
- Get started with a FREE trial from the top Workday alternative 🚀
Workday Alternatives: Key HR Software Features
If you’re considering Workday alternatives to use as your HR management tool, it’s crucial to understand what to look out for. Software solutions have different functions including centralizing personnel management, digitalization of company documents and so on. Overall, the goal of HR management software is to ensure optimization and efficiency.
An all-in-one HR solution including Workday alternatives should have the following functions:
- Time management: A good HR software solution will provide features such shift planning, time tracking, and absence management to ease all time-related admin tasks.
- Finances: A tool that automates payroll and has HR functionalities is a game-changer. A great Workday alternative that can also manage payroll management, tax calculations, and benefits automatically would enhance productivity drastically.
- Organization: A centralized location for company documents, including contracts, SOPs, and organizational charts, saves HR teams time spent searching for these items. Additionally, it ensures that everyone in the company can easily access important documents when needed.
- Reporting and analytics. The ability to generate customized reports provides your team with real-time insights to make smarter, more informed decisions. This strengthens your business strategy and frees your team to focus on improving performance instead of time-consuming admin tasks.
Now that we have a better understanding of what to expect from HR software, let’s explore what Workday offers and how Workday alternatives compare. This will help you make a more informed decision when choosing the best HR platform for your company’s needs.
Workday HCM
Workday is a popular HRIS choice, particularly for large companies. Its platform offers functionalities that work well for enterprise-level organizations, in addition to customization and scalability for growing businesses. Additional key features include a document management system to centralize all company documents, an interactive organizational chart for a visual overview of employees and their roles, and a recruitment module to help attract top talent to your team.
Its robust software makes it ideal for enterprises that need a more comprehensive platform. However, for small to medium-sized businesses (SMBs), the platform may not be as user-friendly or accessible compared to other solutions, such as Workday alternatives.
✅ Pros:
- Scalable and customization for large organizations
- Comprehensive functionalities for all a variety of HR processes (payroll, reporting, etc.)
❌ Cons:
- High price point compared to other Workday alternatives
- Too many functions that could be overwhelming for SMBs
- Additional cost if you opt for add-on modules
Workday alternative solutions
So what are Workday HCM alternatives for your company that may provide a better solution for HR processes?
Factorial: Top Workday Alternative
Factorial is the top Workday alternative solution for SMBs looking for an all-in-one software. This cloud solution offers companies a complete HR platform to enhance your company’s efficiency. From one platform, you’ll have all the core HR functions – recruiting, onboarding, time tracking, and more. Moreover, Factorial adheres to all relevant security standards to ensure your sensitive information is securely stored. Ensuring your business is compliant and follows all data protection regulations.
Other modules such as performance management also provides an opportunity for managers to conduct performance reviews and provide their employees with feedback. From here, you’ll be to generate detailed reports about performance and track training progress of different employees.
Factorial is perfectly tailored to factors and conditions such as your industry, number of employees or development goals, and you pay for a product that actually helps your company move forward. You’ll be able to customize which modules are most important to your company ensuring you are only paying for what you need. This keeps costs low and allows Factorial to be offered at a more affordable price compared to Workday.
✅ Pros:
- Offers comprehensive support from a Factorial account manager
- Customizable and scalable platform to meet your company’s growing needs
- Automates every step of the employee journey for HR teams
❌ Cons:
- Mobile app has limited capabilities for managers
- Advanced reporting has a slight learning curve
Check out Factorial’s video talking about their newest releases and updates to the platform.
HRworks: Workday Alternative for US Companies
HRworks, founded in 1998, is another Workday alternative and personnel management solution for HR teams all around the U.S. This platform provides data analytics, recruitment management, and time and attendance management. Everything a SMB needs to run a business smoothly. It’s particularly valuable to gain insights with HRworks Analytics and support your employees’ performance with OKR goals and 360-degree feedback. Similarly to Factorial, another Workday alternative, it offers an employee self-service function so users can access or update their documents at any time.
✅ Pros:
- Adheres to data protection and security measures
- Makes prepping for payroll easier
❌ Cons:
- Lacks in-depth recruitment functionalities including multi-posting job descriptions
- Modules are not as customizable as other Workday alternatives
Sage HR: Workday Alternative for SMBs
Sage HR, a human resources management software, suits small and medium-sized businesses (SMBs) well. The provider Sage has various tools for different needs, such as a cloud ERP solution and industry-specific software. Sage HR is a worthy Workday alternative due to its essential functions such as an organizational chart, an employee database, and onboarding/offboarding employees software. With Sage HR, you can purchase add-ons to include shift management and expense management.
✅ Pros:
- Offers an employee self-service platform
- A cloud based software
❌ Cons:
- Additional features cost extra including performance management, payroll, etc.
- Multiple modules can be overwhelming for SMBs that want one simple solution
Final thoughts on Workday Alternatives
While, it is difficult to say which of these Workday alternatives is best tailored for your business, it is important to ask think about your company needs. It’s crucial when making a decision, to ask yourself: What requirements should your HR software meet? Which functions will benefit your HR teams the most?
Talk to your team members and consider their needs. Perhaps, your employees may already have experience with HR alternatives from their previous job. Ask other employers and similar businesses to yours, what platform they prefer. Lastly, comparison reviews provide you with more information about suitable software solutions and help you with your selection.
If you want to jump start your Workday alternative search for HR softwares, start with Factorial. You will not only receive an introduction to our cloud solution, but you can also ask our experienced consultants any questions that arise during the free trial phase. We will guide you through the decision-making process and ensure that you receive a solution that will take your business to the next level.
Sounds too good to be true? Then see for yourself. Book a free demo to see how Factorial can transform your HR processes.
