We performed a comparison between PeopleSoft and Workday based on real PeerSpot user reviews.
Find out in this report how the two Benefits Administration solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."We use a lot of typical cases from PeopleSoft, for example, solutions for security, business performance, monitoring processes, and a lot of training."
"PeopleSoft is mostly used for payroll and core HR functionality. Some customers use it for its finance module."
"The integration between Human Capital Management (HCM) and PeopleSoft is an important feature."
"The most valuable feature is that it's easy to use."
"It's a mature product."
"The most valuable feature of the solution is its stability."
"The feature that I have found most valuable is having the sources so that you're able to adapt the product to your needs. That was a big benefit."
"It is a very stable ERP solution. It is also supported on Oracle Cloud and provides extensive features."
"I found the analysis features to be very useful for our company. I also found the modules installed to be aligned with our company's KPIs. These were the two features that stood out."
"The most valuable feature is the ease of reporting."
"It's easy to set up."
"First time users, understanding accessibility and consolidated data is fairly easy. The solution improves productivity for users and reduces the need to switch between different tools."
"Workday is a secure product."
"The most valuable features of the solution are the usability, learning, and compliance tools."
"In terms of customization, while it may not be fully customizable, you can configure the features based on the foundation that Workday offers. This allows you to take the basic features and tailor them to the specific needs of your company or business. It provides a lot of configuration flexibility."
"It stores everything for the employee. It has also been able to store the information that we use for our payroll demand."
"I would like to see it become available again in Mexico."
"The area that could be improved is the upgrade process, it's not the easiest. Oracle stopped supporting our version. So we have to move either to the cloud or work in a non-supported situation. That was certainly a disadvantage. That's also the reason why we decided not to stay with Oracle. Now we are moving to SAP."
"The UI and user experience are not great, and it's not as feature-rich as today's systems. Furthermore, our implementation does not include all the components we need, like payroll or some other functions."
"The product was too complicated when it came to navigating through multiple places and the search filters weren't great."
"On the other hand, the more recent push for standardization precludes customized approaches to certain industry requirements."
"The solution's initial setup is not straightforward."
"I'd like PeopleSoft to be like on the cloud and more mobile-friendly. If I try to access it from a cell phone, it's a bit difficult, so it would be great if PeopleSoft could improve these features."
"Areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically."
"It has missing functionalities. Specific countries, like Germany, didn't have the option to do payroll. Now we need to look for another product for HR."
"The security console should be made less complex."
"My only suggestion might be to include a brief description of any new fields we introduce, making it easier for people to use them. Perhaps this is something they can consider implementing."
"The user interface could be better. Everything else was fine."
"Setting up reports can be a bit tricky."
"The product must include payroll features."
"In a future release we could like to have access to asset, supply and treasury management functionalities."
"The UI, UX (user experience) is very bad. It is not very interactive."
PeopleSoft is ranked 3rd in Benefits Administration with 80 reviews while Workday is ranked 1st in Benefits Administration with 49 reviews. PeopleSoft is rated 8.0, while Workday is rated 8.2. The top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". On the other hand, the top reviewer of Workday writes "The solution's interface is clean, organized, and easy to use ". PeopleSoft is most compared with Oracle HCM Cloud, Oracle Fusion Cloud ERP, SAP SuccessFactors, SAP ERP and Oracle E-Business Suite, whereas Workday is most compared with SAP SuccessFactors, SAP HCM, Oracle HCM Cloud, UKG and Cornerstone Learning. See our PeopleSoft vs. Workday report.
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Big question but let me try to sum this up without diving too deep into the details.
1. Workday is the only fully in memory consolidated application on the market. It is an event-driven snapshot-based system and is SAAS only. Everything you do is an event and some of the events are exposed as business processes on the Workday business process framework. The only way to access data is through API operations.
2. PeopleSoft has been around a long time and is a database-driven application. You can access it through a browser and leverage PeopleTools to customize it to do what you need. PeopleSoft can be on-premise or hosted by Oracle. No new releases have come out in a while that I am aware of. I don’t know what the long term prospects of PS being around are. Different databases house different functional areas, i.e. HR, Financials, Student.
3. SuccessFactors is a consolidation of systems through acquisition. Its several databases being kept in sync under the covers with triggers and coding. I think parts of the application work well and others have a ways to go.
To me, the bottom line is really the technical aspects of the applications are hugely different in their approach. Workday being fully consolidated in memory SAAS solution,
PS being older highly customizable and SuccessFactors being a bunch of systems under the covers all pushing data between different databases to keep things in sync. Functionally I would say they each have their wheelhouse.
Workday is excellent for global implementations where you want to have employees from different geographies on the same HCM platform. Workday gives you the comfort of end to end global implementation on the same platform.
SAP SuccessFactors has strength in PMS and learning. India payroll is not so strong.
PeopleSoft (Oracle HCM) has strength in core HR data management, time and attendance, and recruitment, but their learning module is quite average.
I’m sharing my experience based on the evaluation I had conducted two years back.
I have compared some with Oracle Fusion and all have their pluses and minuses.
Workday was too complex for a company to maintain. They replaced PeopleSoft (old version) by Oracle Fusion because this was
preferred due to the integration and UX.
Currently, we applied the HCM - Oracle Fusion for Capital Management in our industry operation.
We already take time for package selections of HCM solutions then we understood for success to be deployed of solutions belongs to the implementation partners.
We based on the optimization triangle concepts are “SOLUTIONS – REALISTIC/APPLICABLE – COSTS”.