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."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."
"In general, this solution is user friendly and also performs well. There are two types of forms. One is a standardized form, which you can define things into. The other, you can customize so more repetition can be done in an even manner. That way, it can be designed for what the public or user actually wants. It's not very tough for any person, or layman to understand exactly what the screen requires one to do."
"All the features of the solution are integral to the functionality. Additionally, the navigation customization is beneficial."
"The most valuable feature is that it's easy to use."
"This solution integrates very well with other products which is helpful."
"Flexibility in configuration."
"Scalability-wise, I rate the solution a ten out of ten."
"The integration between Human Capital Management (HCM) and PeopleSoft is an important feature."
"The platform itself is very robust and I generally like the reporting and analytics capability."
"It helps the users to enroll for the benefits automatically and update their life events without the involvement of HR individuals or back-office staff. It enables a person to take action on their own. It reduces the administrative burden on HR and puts the ownership on the person that is going through the life event, whether it is having a child, taking a leave of absence, or something else. There are easy ways to integrate Workday with your common benefits. At least in the USA, it can be integrated with common benefits providers such as Fidelity, Blue Cross Blue Shield, Aetna, etc. It has got a connector that is able to connect with the vendor or the third party to which you are trying to send the eligibility file. It basically allows us to automate or set up the tool, and the integration with the provider is a lot quicker than competing tools. When it comes to reporting on just eligibility and SLSA, it is a lot more user-intuitive. Depending on the purpose of what you are doing, you can grant security rights or roles, for example, you can control whether someone is a benefits administrator doing an independent audit. Workday makes it very easy to do that. It significantly simplifies the reporting process."
"It's intuitive, a very usable tool and it's easy to find the data you're looking for."
"The most helpful Workday features for our HR processes were in HCM, particularly in areas like talent, compensation, benefits, and learning."
"I like that it's easy to use and flexible."
"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."
"Workday is a holistic HR solution."
"Workday is a secure product."
"Parsing of CVs is productive but accuracy can be improved."
"Having applications which provide more enhanced features and user-friendly elements."
"The solution's initial setup is not straightforward."
"The API integration could be better."
"I would like to see it become available again in Mexico."
"An area for improvement would be that it's quite difficult to learn how to use this product, and the documentation provided isn't helpful in giving you practical advice."
"Services that need improvement include PeopleSoft Query, Pivot Grids, and PeopleSoft Test Framework."
"It would be nice if it became even more declarative in its development."
"Setting up reports can be a bit tricky."
"It's possible that the way things are integrated could be improved"
"The security console should be made less complex."
"The user interface could be better. Everything else was fine."
"The expenses and reimbursements module could be improved. Creating expense reports is time consuming and inefficient compared to other expense solutions."
"They could provide a web chatbot feature in the dashboard for Workday."
"The solution needs to be updated with generative UI."
"The solution should be more user-friendly."
PeopleSoft is ranked 3rd in Benefits Administration with 80 reviews while Workday is ranked 1st in Benefits Administration with 51 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.
See our list of best Benefits Administration vendors, best Talent Management vendors, and best Talent Acquisition vendors.
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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”.