Uploaded on Jul 22, 2022
Comparing both Workday HCM & Oracle HCM is difficult to find the best out of these two. Each one is empowered with powerful tools to help the company to function in a better way in almost all terms such as employees’ benefits, access to their details, planning tools, etc.
Workday HCM Vs Oracle HCM! Choose Which one?
Workday HCM
Vs
Oracle HCM
Which one to choose?
Workday HR & HCM
Finding the best HR software is crucial for every
enterprise since it is connected with company growth &
financial aspects. Connecting all aspects of HR in one
software will nullify IT interference, and dependency on
third-party applications. Analytics and reports can be
taken easily if everything is connected in one place.
A cloud-based HCM called Workday nullified the value
of on-premise HR software by Oracle. To meet the trend
& compete with cloud-based Workday software, Oracle
released HR software on the cloud. Let’s see the
features of both Workday and Oracle’s cloud-based HR
software.
Workday HCM Vs Oracle HCM
Oracle HCM Cloud is built on Oracle’s cloud database. It is powered
by an AI-based digital assistant. To meet the current technology &
competitors like Workday, Oracle released Oracle HCM on the cloud
in 2011. Since it is connected with financial-oriented databases, it
gains importance in terms of planning, and decision-making as part
of a company. Three modules are there separately.
Talent, Recruiting, and Workforce tools as individual tools help
organizations to analyze well. Comparing both Workday HCM &
Oracle HCM is difficult to find the best out of these two. Each one is
empowered with powerful tools to help the company to function in a
better way in almost all terms such as employees’ benefits, access
to their details, planning tools, etc.
Talent Management Tools
Both Workday & Oracle provide talent management
tools but in different ways. Workday comes with
talent management tools specifically for measuring
employees’ skills, and the growth of an organization.
It spreads the concept of Talent Management tools
into different modules Payroll, Recruiting &
Employee training. Oracle includes everything such
as Recruitment, educating employees, and
Compensation under one roof called Talent
Management tools.
Workforce
The prediction tools of Workday that function
based on the total cost of the workforce from
origin help leaders design predictive models to
utilize the human resources in a better way for the
company's growth. It would be more useful in
getting approvals in the budget for hiring projects
& recruiting models on time using data
visualization tools.
Recruiting
Compensation modules & performance management
tools are connected with Recruiting tools in Workday.
Connection with company financials through
compensation strategy tools makes the process of
budget approvals & on-boarding new employees in
faster mode. Performance management tools track
the skills of top performers & help recruiters give
importance to such skills while hiring.
Learning Modules
Workday provides learning modules as part of the
software with a quiz to track employees’ learning
process. Oracle has a separate module dedicatedly
for learning purposes. The learning tool of Oracle is
customizable also.
Implementation
Implementation of both Workday & Oracle
software is not as easy as installing any app. It
needs certain consultation from experts.
Implementation is tough & complex in both
Workday & Oracle. Organizations have to hire
a consultant for the same.
Features
The Human Resource Management & Succession
planning features of both Oracle & Workday are equally
good.
Asset management, Payroll management, Onboarding,
Leave & Absence management, and Recruiting features
of Workday are much better than Oracle.
Performance & goals, Employer self-service,
Performance management, and HR Reporting features
of Oracle are comparatively better than Workday.
Choosing the r ight HR soft ware for your company depends on your needs
such as whether you want fi nancia ls for payrol l management &
compensati on or you want separate fi nanc ia l tools . Both are good in certa in
features. Workday is cost-eff ecti ve & great in functi onal i ty as wel l . Workday
serves a l l medium-sized organizati ons & meets the needs of large-scale
bus inesses in an eff ecti ve way.
Wel l -known companies such as del l , Netf l ix , a i rbus, etc . , Are us ing workday
for their workforce. Workday is bui l t f rom scratch by understanding the
requirements of an HR team, unl ike orac le which is A combinati on of
multi ple soft ware. User-fr iendly & faster updates that adapt to the changing
wor ld ’s new technology keep workday popular among organizati ons.
Contact us
Address:
86, Light House Rd, Kollupuram, R.S. Puram,
Coimbatore, Tamil Nadu 641001, India
Phone no.: Email:
+91 956 604 8693 [email protected]
Website:
https://www.erpcloudtraining.com/
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