There are different human resource software available in the market that assures to help the businesses ease out the process. But it is Successfactors and Workday which has received tremendous popularity. Both of them provide core HR functions along with additional balance insurance periods and other things.
Although they might seem similar, but in reality, they both differ. The guide here has broken down the details, which will help you understand about the difference and help make the right choice.
Understanding Workday and SAP Successfactors
In simple words, Workday is a cloud-based ERP software, therefore, providing a unique system for human resource finance and planning. It works great for small and medium-sized businesses. On the other side, SAP Successfactors is a cloud-based HCM solution that is a perfect fit for businesses of all sizes and needs.
Although the platforms don’t have much similarities people still get confused between the two. So the guide here will provide you with information that will help you understand about both platforms without any difficulty.
The difference
Different factors or features are considered to bring out the difference between the two platforms. It will help you analyze things better.
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Benefits management
When it comes to the workday, this feature is quite limited. It completely supports the management of the core. The platform does the work by consolidating benefit statements which is responsible for providing the employees with the ability to examine and automate evidence through payroll deduction updates.
Thus it makes it possible to add details with partner integrations. Although the benefits analytics is not entirely supported, it can easily be accessed through Workday. On the other side, Successfactors provide relatively more features than benefit management offerings.
They have got fully implemented the benefit statement, benefit plan recommendation, administration, etc., as required by the recipient. Besides, it also enables the HR administrators to make the right choices. Further, the users can easily access the benefits analytics with no workaround.
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Employee self-service
Workday, besides the complete set of employee cells service attributes, also comes with fully supported benefit choice and registration of the new employees. It is for those who register themselves, and keep an eye on the job openings internally.
Also they need to have the ability to retain their personal information. Employees to monitor ask for updates without any need for dictionary modules. Successfactors herein might appear to be basic in terms of employee self-service.
It takes moderate responsibility for the choices and registration without any extra models provided for the installation. The employee self-service capabilities herein consist of applications for leave monitoring, internal job offers, etc.
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Learning management
Workday is known for providing very restricted capacity for learning management. No doubt the platform supports the sharing of content and the catalogs, but it also helps maintain and schedule progress for training course dashboards and evaluation after the installation. The training assignments can only be automated using the workaround. The essential aspect herein is not available, which is real-time email alerts for training updates.
On the other side, Successfactors comes with a great package. It provides complete support assessment for monitoring the training process, content sharing, automating training courses, course catalogs with real-time email alerts as well a centralized course dashboard.
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Payroll management
Workday is entirely restricted to payroll management. It completely supports the automated filing of multiple time payment schedules, income tax returns, etc., for a variety of purposes that includes payroll history and banking transactions. Besides, it also enables salary previews before finalizing payroll works just after installation with no extra module.
On the other side, Successfactors do not lag behind. No doubt it fully supports the automated filing of tax returns, creation of payroll slips for employee pay information, multiple payments schedules, etc., but it does not permit the feature to access salary previews before pay run.
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Performance management
The ability of Workday in terms of performance management is quite restricted. The core offering herein includes identification of risk based on the AI managing objective for different operation levels, creating custom development fans and measuring performance, employee assessment reviews, and forms. There is no ability to configure multiple evaluation cycles to monitor objectives or to provide feedback reports for better analysis.
Successfactors, on the other side, when compared to Workday, are a lot more inclusive with the ability to manage performance. It provides all the attributes along with a dashboard for tracking goals and effective implementation. Besides, Successfactors does not support setting up more than one evaluation cycle.
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Workforce management
Workday does not provide an extensive service because of the management attributes. They have capabilities that can help with installation, but it is not what will be sufficient for a business.
Some of the capabilities herein include project tracking to guarantee that the workforce is budget aligned, task management level forecasting, and workforce modeling for creating planning scenarios. However, it does not provide the possibility for assessing the alerts in the event of overstaffing or demand.
In comparison, Successfactors comes with a few more offers when it comes to workforce management. It is there to take responsibility for scheduling alerts for casting and workforce modeling, but it needs a partner integration for monitoring the project staffing, schedule managing tasks, etc.
Conclusion
When it comes to handling the platform for fulfilling the needs of the business, then things can get quite complicated. One needs to have a proper understanding to make the most of it for the business.
This is why there is a high demand for certified experts in the industry. If you are interested or want to get certified, then Karthik Training is the one you can trust. The platform for years has been providing the required assistance in the most effective way possible.
They will guarantee to help you learn and understand about the platform so that you are able to succeed in the industry and have a better chance of earning a good salary package. Besides, the skill-sets you will through the certification course will help you move ahead in the right decisions.
