Lattice Performance vs Workday comparison

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Lattice Logo
277 views|227 comparisons
Workday Logo
18,880 views|12,011 comparisons
91% willing to recommend
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Executive Summary

We performed a comparison between Lattice Performance and Workday based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Workday, Oracle and others in Talent Management.
To learn more, read our detailed Talent Management Report (Updated: April 2024).
771,212 professionals have used our research since 2012.
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Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
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  • "With a bigger budget, I would recommend SAP."
  • "Workday is an expensive solution."
  • "You have the license fee per module, and then you have a kind of annual training fee, which is a kind of add-on. I wouldn't say it is exhaustive; it is minor. Licensing is pretty transparent for most of the part."
  • "The pricing is good from an HR perspective, although management gets upset after spending $500,000 a year, every year."
  • "Its price is pretty high. It is more expensive than what is offered by other competitors in the market."
  • "It has an annual subscription rate, but I'm not sure how it will work."
  • "The pricing for this solution is fairly high. It is not affordable for small and mid-sized companies."
  • "By and large, Workday is expensive. It is based on the headcount. I'd probably rate it a three or four out of five in terms of pricing. It'd be like buying a Mercedes or a high-end car. It's expensive, but there's a specific value that you're getting with additional features and things of that nature. Using that metaphor, Workday probably tends to be more of a luxury. There are others like ADP that can do your payroll, your time off, and other things, but they don't do it as well."
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    Top Answer:Differences between Workday, Oracle Cloud,w and SAP SuccessFactors:w Oracle: "simple interface and deep customization to suit the purpose." SAP: Multiple functionalities that increase process… more »
    Top Answer:I like its UI and UX. When we were using Oracle or SAP, the UI/UX wasn't very user-friendly for the employees.
    Top Answer:It's very, very expensive. When I was in a startup company, we tried to adopt Workday. We called them and asked how much it would cost for our company. And the first answer from the salesperson was… more »
    Ranking
    33rd
    out of 86 in Talent Management
    Views
    277
    Comparisons
    227
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    2nd
    out of 86 in Talent Management
    Views
    18,880
    Comparisons
    12,011
    Reviews
    25
    Average Words per Review
    397
    Rating
    8.3
    Comparisons
    SAP SuccessFactors logo
    Compared 21% of the time.
    SAP HCM logo
    Compared 17% of the time.
    Oracle HCM Cloud logo
    Compared 10% of the time.
    PeopleSoft logo
    Compared 9% of the time.
    UKG logo
    Compared 8% of the time.
    Learn More
    Overview

    Lattice is a people management platform designed to help businesses enhance employee engagement, performance, and development. It provides tools for continuous performance management, goal setting, and employee feedback, facilitating a culture of growth and accountability.

    Lattice's platform aims to transform the way companies manage their workforce by offering a comprehensive suite of features that support performance reviews, goal tracking, and real-time feedback. It allows managers to set and track objectives, conduct regular check-ins, and gather feedback, creating a transparent and supportive work environment. The platform also includes tools for employee development, such as one-on-one meeting agendas and career growth plans, ensuring employees have the resources they need to succeed and advance within the company. With its user-friendly interface and powerful analytics, Lattice helps organizations foster a culture of continuous improvement and engagement.

    What are the critical features of Lattice?

    • Performance Reviews: Structured performance review processes with customizable templates and workflows to assess employee performance regularly.
    • Goal Setting and Tracking: Tools to set, align, and monitor individual and team goals, ensuring everyone is working towards common objectives.
    • Continuous Feedback: Enables real-time feedback between employees and managers, promoting a culture of ongoing improvement.
    • 1:1 Meetings: Facilitates effective one-on-one meetings with shared agendas, notes, and action items to keep employees and managers aligned.
    • Analytics and Reporting: Provides insights into employee performance, engagement, and development through comprehensive analytics and reporting features.
    • Career Development Planning: Tools for creating and tracking career development plans, supporting employee growth and retention.

    What benefits or ROI items should users look for in reviews when evaluating Lattice?

    • Improved Employee Engagement: Enhanced engagement through regular feedback, goal tracking, and career development opportunities.
    • Increased Productivity: Boosts productivity by aligning individual and team goals with company objectives and providing continuous performance feedback.
    • Better Retention Rates: Supports employee growth and satisfaction, leading to higher retention rates.
    • Data-Driven Decisions: Offers valuable insights through analytics and reporting, enabling better decision-making based on employee performance data.
    • Enhanced Communication: Promotes transparent and effective communication between employees and managers through structured reviews and regular check-ins.

    Lattice is implemented across various industries, including tech, finance, and healthcare, to support people management and development initiatives. In tech companies, Lattice helps streamline performance management processes and improve team collaboration. Financial institutions use it to align goals and monitor performance metrics, while healthcare organizations leverage its tools to support employee development and enhance patient care through better staff management.

    Pricing for Lattice is subscription-based, typically structured per user per month, with various tiers offering different levels of features and support. Lattice also provides robust customer support, including online resources, training, and dedicated customer success teams to assist with implementation and ongoing usage.

    In summary, Lattice is a versatile people management platform that enhances employee engagement, performance, and development through comprehensive tools and analytics.

    Workday is a cloud-based software solution that specializes in developing applications for capital and finance management applications. The system is built to work in global workforces and is adaptable. The global system ensures that users are up to date and can manage internal career-related information, and everyday business problems like timesheets, payrolls, and time off.

    “A Pioneer in Software-as-a-Service”

    Workday Human Capital Management tool is designed to simplify and streamline your work. It leverages machine learning to adapt capital management to a changing environment.

    The Workday model is based on delivering a single system that uses a single source of data and a single security model to deliver a unique user experience. The system is user-friendly and ensures that employees and management can use it from any and all devices. Workday HCM integrates into a central system that includes financial management, payroll, recruiting, learning, and planning. Managers and employees can provide feedback to one another, too.

    Workday’s features include:

    • Flexible framework that lets you organize your staff according to different criteria. You can group employees by function, hierarchy, or department.
    • Personalized career guidance: Knowledge management and career guidance that can be easily customized for each staff member and also done at scale.
    • Augmented reporting and analytics: Configure, change, update, and publish reports, scorecards, and dashboards. The system centralizes the transactional and analytical data so you can act on the data from anywhere.
    • Compensation tools: Compensatio, payroll, and time tracking are automated and simplified.
    • Workforce planning allows you to uncover and address talent gaps and get visibility of your staff.
    • Mobile-first ensign approach: Users can access all resources from any device, and they are always in sync.
    • Machine learning capabilities enable personalized enterprise experiences and faster business processes.

    Workday smart platform consists of the following modules:

    • Human resource management
    • Business process management
    • Reporting and analytics
    • Benefits administration
    • Compensation management
    • Talent management
    • Survey framework
    • Employee and management self-service

    Reviews from Real Users

    Many organizations choose Workday because it provides an all-in-one modular solution for human capital and finance management. Our users say they like the ease of use for time-off requests, career and development segments, and overall HR management. The records and reporting capabilities are another popular feature.

    "The solution was very good at reconfiguration and customization of their software. It helped us to meet federal regulations," said one user. Another said that the best feature is the optimization of the work day experience with a unified platform that can be applied across different business units. “You will never find a use case that cannot be covered," said a third.

    Sample Customers
    Webflow, Robinhood, Loom, Udacity, Discord, Article, Intercom, Gusto, Shippo, DemandBase, Linktree, GreenState
    AAA, Allied Global, Avago Technologies Limited, Aviva, Cardinal Health, CareFusion, Chiquita Brands International, Equifax, Flextronics, HP, Life Time Fitness, McKee Foods, MGM Resorts International, Sanofi, ServiceSource International, Symantec, TripAdvisor, Yahoo!
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company22%
    Financial Services Firm6%
    Manufacturing Company6%
    Energy/Utilities Company6%
    REVIEWERS
    Financial Services Firm27%
    Computer Software Company12%
    Manufacturing Company9%
    Transportation Company6%
    VISITORS READING REVIEWS
    Educational Organization26%
    Computer Software Company9%
    Financial Services Firm8%
    Manufacturing Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business39%
    Midsize Enterprise25%
    Large Enterprise36%
    REVIEWERS
    Small Business25%
    Midsize Enterprise9%
    Large Enterprise67%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise33%
    Large Enterprise53%
    Buyer's Guide
    Talent Management
    April 2024
    Find out what your peers are saying about SAP, Workday, Oracle and others in Talent Management. Updated: April 2024.
    771,212 professionals have used our research since 2012.

    Lattice Performance is ranked 33rd in Talent Management while Workday is ranked 2nd in Talent Management with 51 reviews. Lattice Performance is rated 0.0, while Workday is rated 8.2. On the other hand, the top reviewer of Workday writes "The solution's interface is clean, organized, and easy to use ". Lattice Performance is most compared with Rippling, Microsoft Viva Insights, HiBob and BambooHR, whereas Workday is most compared with SAP SuccessFactors, SAP HCM, Oracle HCM Cloud, PeopleSoft and UKG.

    See our list of best Talent Management vendors.

    We monitor all Talent Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.