Workday Human Capital Management is a cloud-based system for managing HR processes globally, including recruitment, promotions, and compensation. It offers flexibility by allowing independent implementation of functions across organizations, enhancing HR management efficiency.
| Product | Market Share (%) |
|---|---|
| Workday Human Capital Management | 0.5% |
| SAP SuccessFactors | 19.9% |
| Workday | 17.9% |
| Other | 61.7% |
Organizations worldwide rely on Workday Human Capital Management to streamline HR processes through a cloud-based approach, supporting global HR functions such as recruitment, compensation, and employee life cycle management. This platform integrates finance and supply chain management, offering comprehensive tools for performance and organization management. Users benefit from intuitive navigation and reliable employee data management. However, room for improvement in incident handling and payroll support is noted, along with a need for better integration with other systems.
What are the key features of Workday Human Capital Management?Workday Human Capital Management is effectively implemented across various industries, offering unique capabilities aligned with industry-specific HR needs. It provides efficient management tools for sectors like finance, healthcare, and retail, adapting to specific project life cycle requirements, ensuring sectors optimize HR operations efficiently.
| Author info | Rating | Review Summary |
|---|---|---|
| Head of global IT Management at Evonik Degussa Corporation | 4.0 | I use Workday Human Capital Management for recruitment and performance management due to its user-friendly interface and secure employee record-keeping. Although it's complex and needs better user experience focus, we switched from SAP SuccessFactors for better pricing and ROI. |
| Associate Director at Raytheon Technologies | 4.5 | I use Workday Human Capital Management as our global HR system for managing employee records from recruitment to exit. It's user-friendly and cloud-based but needs better integration with other systems. We switched from PeopleSoft for global deployment needs. |
| Principal Consultant at a consultancy with 1,001-5,000 employees | 4.0 | I find Workday Human Capital Management excellent for managing recruitment, finance, and SCM projects with cloud-based implementation. Its autonomy of business processes and unique security configuration are valuable, though quicker adoption of brainstormed improvements could enhance flexibility and usefulness. |
| Workday Financials & Adaptive Insights Project Manager at a media company with 1,001-5,000 employees | 4.5 | I find Workday Human Capital Management's self-service feature very valuable. However, its payroll functionality is limited to only four countries, which needs improvement. We switched from PeopleSoft to Workday because it is a cloud-based solution. |
| Member - Admissions Committee at IMI | 4.0 | I find Workday Human Capital Management easy to use due to its good accessibility, though it could benefit from offering more extensive training sessions. I didn't consider other solutions and haven't evaluated ROI or deployment options yet. |
| CyberSecurity Executive IAM Engineer at Tata Consultancy | 5.0 | I find Workday Human Capital Management to be a comprehensive security solution that effectively manages tools and verifies configurations, although we've encountered some issues with incidents. Overall, it offers a robust platform without any previous solutions or alternative considerations. |
