Software Alternatives, Accelerators & Startups

Paycom VS Workday

Compare Paycom VS Workday and see what are their differences

Paycom logo Paycom

Paycom is a Human Capital Management system that helps companies manage the complete employment life cycle, from recruitment to retirement.

Workday logo Workday

Workday is an onโ€‘demand financial management and human capital management software solution.
  • Paycom Landing page
    Landing page //
    2023-10-16
  • Workday Landing page
    Landing page //
    2023-05-07

Paycom features and specs

  • Comprehensive HR Solution
    Paycom offers an all-in-one HR and payroll solution, integrating various functions like talent acquisition, time and labor management, payroll processing, and HR management. This can simplify administrative tasks and improve efficiency by consolidating multiple services into one platform.
  • User-Friendly Interface
    The platform is known for its intuitive and user-friendly interface, making it easier for employees and HR professionals to navigate through various features without a steep learning curve.
  • Robust Reporting and Analytics
    Paycom provides comprehensive reporting and analytics capabilities, allowing businesses to generate customized reports and gain actionable insights into their workforce data.
  • Mobile Accessibility
    The Paycom mobile app allows employees and managers to access their HR and payroll information, manage tasks, and approve requests from anywhere, enhancing flexibility and convenience.
  • Compliance Support
    The platform helps businesses stay compliant with federal, state, and local regulations by providing necessary tools for tax filing, benefits administration, and compliance reporting.

Possible disadvantages of Paycom

  • Cost
    Paycom can be relatively expensive, especially for small businesses or startups with limited budgets. The comprehensive features, while beneficial, come at a premium price.
  • Customer Support
    Some users have reported mixed experiences with customer support, indicating that response times and the quality of assistance may not always meet expectations.
  • Complexity for Small Businesses
    While the platformโ€™s extensive features are a strength, they can also be overwhelming for small businesses that may not need such a comprehensive solution. The abundance of features might lead to underutilization or confusion.
  • Implementation Time
    Setting up and implementing Paycom can be time-consuming and resource-intensive. Proper integration and customization may require significant effort, particularly for larger organizations.
  • Training Requirements
    Due to the wide range of features, employees and HR teams might require significant training to fully utilize the platform. This can be an additional time and cost burden for businesses.

Workday features and specs

  • User-Friendly Interface
    Workday's interface is intuitive and easy to navigate, which reduces the learning curve for new users and enhances overall user experience.
  • Cloud-Based Solution
    As a cloud-based service, Workday offers the advantage of anywhere-access, easy scalability, and reduced IT costs due to minimal required hardware investments.
  • Comprehensive HCM and Financial Features
    Workday provides an extensive set of features for human capital management (HCM) and financial management, making it suitable for diverse business needs.
  • Regular Updates
    Workday frequently rolls out updates and enhancements, ensuring that the platform stays current with the latest industry trends and user requirements.
  • Integration Capabilities
    Workday offers robust integration capabilities, enabling it to work seamlessly with other enterprise systems and third-party applications.

Possible disadvantages of Workday

  • Cost
    Workday can be relatively expensive, which may be a barrier for small to medium-sized enterprises looking to implement an enterprise-level solution without a large budget.
  • Complex Implementation
    The implementation process for Workday can be time-consuming and complex, often requiring specialized expertise and substantial planning.
  • Customization Limitations
    While Workday offers a wide range of features, some users may find it lacking in terms of deep customization options specific to unique business processes.
  • Performance Issues
    In some cases, users have reported performance slowdowns, particularly during peak usage times, which can affect overall productivity.
  • Learning Curve for Advanced Features
    While the basic features are user-friendly, mastering the more advanced capabilities of Workday can take considerable time and training.

Paycom videos

Paycom CEO: Growth in Medium-Sized Businesses | Mad Money | CNBC

More videos:

Workday videos

Review of Workday HCM Software | Strengths and Weaknesses of Workday

More videos:

  • Review - Workday โ€” An Independent HR Software Review
  • Review - Workday replaces your HR department

Category Popularity

0-100% (relative to Paycom and Workday)
HR
38 38%
62% 62
HR Tools
36 36%
64% 64
Employee Management
45 45%
55% 55
HR And Payroll Software
32 32%
68% 68

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Paycom and Workday

Paycom Reviews

PeopleSoft Alternatives: 10 Modern HRIS Solutions for Every Business Size
Paycom takes a unified approach to HR management with its single-database solution. It enables holistic reporting and analytics, which are essential for insightful decision-making. Its seamless integration and fast implementation make it ideal for any business aiming for a strong yet straightforward HRIS. Paycom's efficiency appeals to those who prioritize a streamlined HR...
Source: www.outsail.co
Best Paylocity Competitors & Alternatives in 2024
Paycom offers a feature-rich, single-database platform for payroll, talent acquisition and management, time and labor management, and HR management. As for payroll, in particular, the provider delivers a solution that empowers employees to manage their paychecks, PTO, expenses, and benefits. In fact, with Paycomโ€™s software โ€œBeti,โ€ workers can also troubleshoot, verify, and...
Top 17 Best Human Capital Management (HCM) Software Solutions
Paycom offers online payroll services and HR software solutions for both big and small businesses to manage the entire employment life cycle, from recruitment to retirement.
Source: cllax.com
22 Best HR Management Software & Tools to Use in 2021
Paycom is a cloud-based payroll management solution that automates your comprehensive HR activities and manages the payroll. It streamlines from recruiting the employees, managing them, and their payrolls.
Source: allthatsaas.com

Workday Reviews

PeopleSoft Alternatives: 10 Modern HRIS Solutions for Every Business Size
Workday stands out in the enterprise HRIS landscape with its scalable unified architecture that caters to large enterprises seeking customization. Designed to adapt to the dynamic needs of growing organizations, Workday offers a seamless user experience and comprehensive analytics, setting a standard for enterprise resource planning.
Source: www.outsail.co
7 Workday Alternatives For Talent Management in 2024ย 
Perhaps most surprisingly, UKG Pro often outperforms Workday in healthcare HR scenarios. Its compliance engine was built from the ground up to handle the complex scheduling, credentials tracking, and regulatory requirements specific to healthcare organizations. While Workday requires extensive customization for these features, theyโ€™re standard in UKG Pro.
Source: fuel50.com
Top 6 UKG Competitors and Alternatives
For more information, read our full Workday HCM review and our comparison of UKG vs. Workday.
11 Best 15Five Alternatives & Competitors for USA
Workday Peakon Employee Voice is a comprehensive employee engagement and performance management platform. It helps organizations gather real-time feedback, set and track goals, and drive continuous improvement. With its advanced analytics and intuitive interface, Workday Peakon Employee Voice is a strong alternative to 15Five.
Source: datalligence.ai
The 10 BEST Employee Onboarding Software Options 2024
Workday HCM is a single, cloud-based solution for workforce planning, talent management, and employee experience, helping customers adapt and thrive in a changing world. Workday applications are built with artificial intelligence and machine learning at the core to help organizations around the world embrace the future of work. Workday is used by more than 10,000...
Source: usewhale.io

Social recommendations and mentions

Based on our record, Workday seems to be more popular. It has been mentiond 4 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Paycom mentions (0)

We have not tracked any mentions of Paycom yet. Tracking of Paycom recommendations started around Mar 2021.

Workday mentions (4)

  • How do you apply for jobs and not waste your time?
    Dont apply if they use workday.com. Source: almost 4 years ago
  • Workday tenant / community access
    There's a ton of great product information including recorded demos on workday.com. Source: over 4 years ago
  • Potential Career Change to Workday from CPA
    If you haven't already, check out workday.com to watch demos of the product. Lots out there to get a conceptual overview and understand the capabilities. Check out job opportunities at Workday, too. While consulting is a great career, there's also other options such as pre-sales and value management (example: helping put together value propositions for prospects wanting to justify Workday), business... Source: almost 5 years ago
  • Experience Team Job Offer
    Hey I was recently extended an offer to join the experience team (training starts aug. 2) after 2 video interviews, having completed all tasks within workday.com, and passing Checkr's background check (came back Clear) but I have not received any further instructions on what to do next. Source: almost 5 years ago

What are some alternatives?

When comparing Paycom and Workday, you can also consider the following products

UKG - UKG Pro is one of the powerful, global human capital management solutions like global workforce management, flexible or seamless human resource management that drive the growth of your in an appropriate business way.

Paylocity - Paylocity has revolutionized the industry and has quickly become the leading independent provider of online payroll services and HR solutions.

BambooHR - Personalized HR software for SMBs

ADP Workforce Now - ADP Workforce Now provides cloud-based software, expert support and predictive analytics for data-driven insights.

Paychex - Are you in need of payroll services, HR services, 401(k) and benefits administration, or more? No matter the size of your business, Paychex can help.

Kronos Workforce Ready - The Kronos Workforce Readyยฎ suite combines the power of workforce management and human capital management in one unified cloud platform.