Any enterprise organization looking for a human capital management (HCM) solution should compare Workday vs. SAP SuccessFactors. These vendors are titans of the cloud-based HCM space. And given the mission-critical tasks you’ll need such a system to perform, you shouldn’t skimp when it comes to researching an HCM purchase. We provide this in-depth comparison to help you make a more informed decision about whether or not Workday or SuccessFactors is right for you, but there’s an easier way.
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What is Workday?
TechnologyAdvice rating: 4.5/5
Workday is a cloud-based ERP software provider that describes itself as a “…single system for finance, HR, and planning.” A software-as-a-service (SaaS) pioneer, Workday was built by the same brains behind what is now Oracle PeopleSoft. It works best for medium and large enterprises. Workday offers many different products, but for the sake of this article, we’ll focus exclusively on its HCM solution, which performs functions like human resource management (HRM), reporting and analytics, talent management, compliance, payroll management, and learning and development. Workday is a publicly-traded company and is trusted by major brands such as National Geographic, Netflix, and AirBnB.
What is SAP SuccessFactors?
TechnologyAdvice rating: 4/5
From the massive ERP software company SAP comes SuccessFactors, a cloud-based HCM solution for organizations of all sizes. SuccessFactors is one of Workday’s top competitors, and it works well for companies with a global presence. Inside the system, you’ll find many of the same features offered by similar products in the HCM space: a human resources information system (HRIS), time and attendance, recruiting and onboarding, learning and development, and workforce planning and analytics. Organizations from around the world trust SuccessFactors as their HCM, from the San Francisco 49ers in the United States to Jaguar Land Rover in the United Kingdom.
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