Oracle Cloud HCM vs. Workday: Clash of the HR Titans!

Human capital management (HCM) is a critical component of every successful business. As such, choosing the right HCM software can make all the difference in a company’s ability to manage its workforce effectively.

 
Oracle Cloud HCM and Workday are two of the most popular HCM solutions in the market today. While they share several similarities, there are also significant differences that can impact their effectiveness for different businesses. However, Oracle Cloud HCM offers several advantages that make it a better choice for businesses.

“By 2025, 60% of global midmarket and large enterprises will have invested in a cloud-based HCM suite for administrative HR and talent management.” (Source: Gartner, “Market Guide for HCM Suite Applications,” 2020)

In this article, we will compare and contrast Oracle Cloud HCM and Workday to help you make an informed decision for your business.

Reasons Oracle Cloud HCM Is Better Than Workday

AI-Driven Insights and Personalization:

Oracle Cloud HCM incorporates machine learning technology to analyze employee data and provide insights into employee performance, engagement, and turnover risk. It offers personalized recommendations to managers on how to improve employee performance, increase retention rates, and reduce churn. With its AI-driven insights, Oracle Cloud HCM provides actionable recommendations to drive better business outcomes. Workday, on the other hand, offers fewer AI-driven insights and has limited personalization features.

Advanced Analytics:

Oracle Cloud HCM offers advanced analytics capabilities that allow businesses to measure, monitor and analyze the impact of HR strategies on business performance. Its analytics tools provide actionable insights into workforce planning, performance management, and employee engagement. Oracle Cloud HCM offers a wide range of metrics and key performance indicators (KPIs) that help businesses monitor the effectiveness of their HR policies. In comparison, Workday offers fewer analytics tools and a limited range of metrics and KPIs.

Scalability:

Oracle Cloud HCM is a highly scalable solution that can accommodate the needs of small, medium, and large enterprises. It can handle complex HR operations and can scale up or down as per the needs of the business. Oracle Cloud HCM is designed to meet the needs of growing businesses that need to manage a larger workforce. Workday is more suitable for smaller businesses and may not be able to handle the needs of larger enterprises.

Integration:

Oracle Cloud HCM offers seamless integration with other Oracle Cloud applications such as Oracle Financials and Oracle SCM. This integration allows businesses to manage their HR, finance, and supply chain operations from a single platform. Oracle Cloud HCM also offers integration with third-party applications such as LinkedIn, Microsoft, and Taleo. Workday offers integration with fewer third-party applications and does not offer integration with Oracle Cloud applications.

Global Reach:

Oracle Cloud HCM has a global reach and offers support for multiple languages, currencies, and local regulatory requirements. It has a strong presence in the Americas, EMEA, and APAC regions, making it an ideal choice for businesses that operate globally. Workday also offers support for multiple languages and currencies, but its global reach is not as extensive as Oracle Cloud HCM.

Mobile Access:

Oracle Cloud HCM offers a mobile app that allows employees to access their HR information on the go. The app provides access to HR policies, benefits, pay stubs, and time off requests. It also allows managers to approve time off requests and view employee schedules. Workday also offers a mobile app but its features are more limited compared to Oracle Cloud HCM.

Customization:

Oracle Cloud HCM offers a high degree of customization, allowing businesses to tailor the software to their specific needs. It offers customizable workflows, screens, and dashboards that can be tailored to the needs of the business. Oracle Cloud HCM also allows businesses to create custom reports and analytics that are specific to their needs. Workday offers some customization features but its level of customization is not as extensive as Oracle Cloud HCM.

Make the Right Choice Between the Two

Choosing the right HCM solution is a critical decision for any business. With so many options available in the market, it can be overwhelming for customers to determine which solution will best meet their unique needs. The decision between Workday and Oracle Cloud HCM is no exception, with both solutions offering unique benefits and drawbacks. It’s not surprising that many customers find themselves in a dilemma when it comes to choosing between these two popular HCM solutions. Download our latest whitepaper, “Is Your On-Premises HR System Holding You Back From Sustainable Business Goals?” to gain valuable insights into the impact of legacy HR systems on business growth.

At Datavail, we understand that every business is different, with its unique set of requirements and constraints. That’s why our team of Cloud HCM experts can help guide customers through the decision-making process by understanding their specific needs, current business application portfolio, and other critical factors. With our deep expertise in HCM solutions, we can help customers evaluate and compare the various features and benefits of Workday and Oracle Cloud HCM, ultimately helping them make an informed decision that aligns with their business goals.

In today’s competitive business landscape, having the right HCM solution can make all the difference in attracting, retaining, and developing top talent. With Datavail’s help, customers can be confident in their choice of HCM solution and focus on what matters most: growing their business and driving success. If you have any questions about choosing the right HCM solution for your business, our team of experts is here to help. Request a consultation with one of our HCM experts. We’ll get back to you promptly to discuss your specific needs and answer any questions you may have.