Workday HCM

(560)
4.0 out of 5 stars

Workday's enterprise Software-as-a-Service (SaaS) products are cost-effective alternative to ERP software systems for human resource management.

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Workday HCM Features

Core HR
Organization Management

Organizes employees in an org structure that can be used throughout the application for reporting, permissions, etc.

86%
(Based on 191 reviews)
Time, Attendance, and PTO

Tracks time, attendance, paid time-off (PTO), sick time, schedules, and other workforce-related information.

88%
(Based on 161 reviews)
Expense Management

Contains functionality for employees to submit expenses reports and track reimbursments

85%
(Based on 84 reviews)
Salary Structures

Manages position descriptions and pay grades/structures for each role

82%
(Based on 147 reviews)
Compliance

Helps protect risk areas by ensuring compliance standards are met through tracking and reporting

83%
(Based on 118 reviews)
Benefits Administration

Enables employees to manage their benefit plans by viewing plans, make changes during open enrollement, and for life event changes. Employers can report and manage payroll deductions based on selected plan options

85%
(Based on 153 reviews)
Expense Reports
Ease of Creating Expense Reports

Creation of expense reports takes little time and is intuitive for new users

89%
(Based on 44 reviews)
Bank / Credit Card Integration

Can easily pull in receipts from all credit card statements

90%
(Based on 39 reviews)
Smart Categorization

Automatically assigns categories/accounts based on past entries and credit card statements

89%
(Based on 31 reviews)
Digital Receipt Management

Provides various methods to easily capture receipts digitally and can automatically parse receipts to create expenses report entries. Methods may include mobile photos, desktop drag and drop, etc.

88%
(Based on 41 reviews)
Employee Reimbursement

Functionality to reimburse employees directly to their bank account or can easily integrate with payroll system

91%
(Based on 49 reviews)
Currency Conversions

Enables easy entry of expenses in other currencies and converts to expense report currency

89%
(Based on 30 reviews)
Credit Card Integration

Integrates with corporate or personal credit cards (import or bi-directional)

90%
(Based on 28 reviews)
Employee Self Service
Web Portal

Allows employees to access current and past pay stubs, W-2 forms, and additional salary information.

90%
(Based on 190 reviews)
Benefits Manager

Allows employees to answer or update questions pertaining to benefits and receive information about benefit providers.

87%
(Based on 165 reviews)
Mobile

Allows employees to view pay stub and W-2 information via a smartphone app or mobile optimized website.

83%
(Based on 139 reviews)
Benefits Administration Platform Features
Benefits Record Management

Track and manage employee benefits information and eligibility information within a centralized database.

87%
(Based on 154 reviews)
Enrollment Planning

Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time.

85%
(Based on 136 reviews)
Third-Party Carrier Integration

Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees.

81%
(Based on 77 reviews)
Document Management

Store and organize on-boarding benefits documents such as I-9s, W-4s, W-9s, and other employee agreements.

84%
(Based on 121 reviews)
Total Compensation Statements

Prepare ad-hoc and historical total compensation statements for employees. Employees can access statements to find a comprehensive view of their compensation, including benefits, wages, and stock options.

88%
(Based on 133 reviews)
Self-Service Portal

Allow employees to log in and review the details of their employee benefits program elections 24/7 and make changes and enroll in benefits as required.

87%
(Based on 151 reviews)
Regulatory Compliance

Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA).

86%
(Based on 84 reviews)
Benefits Dashboards

An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of benefits data to enable instantaneous and informed decisions to be made at a glance.

87%
(Based on 147 reviews)
Mobile Benefits Access

Provide access to employee benefits information including ID numbers, deductibles, in- and out-of-network costs, and more.

81%
(Based on 96 reviews)
Integrations / APIs

The platform can integrate with HR and payroll software to manage employee data such as new hires, general profiles, salary changes, benefit deductions, and terminations into a single system of record.

86%
(Based on 79 reviews)
Compensation Management Feature Questions
Reward Structuring

Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning.

86%
(Based on 96 reviews)
Event Management

Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments.

88%
(Based on 62 reviews)
Workflow Automation

Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process.

89%
(Based on 98 reviews)
Compensation History

Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making.

89%
(Based on 157 reviews)
Automated Compliance

Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors.

87%
(Based on 83 reviews)
Performance Management Integration

Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures.

87%
(Based on 111 reviews)
Embedded Analytics

View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system.

81%
(Based on 73 reviews)
Reporting Capabilities

Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports.

84%
(Based on 99 reviews)
Compensation Data Management

Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information.

88%
(Based on 124 reviews)
Internationalization

Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system.

88%
(Based on 66 reviews)
Travel Management
Ease of Booking

Can book Flights, Hotels, and Rental cars directly from software.

86%
(Based on 18 reviews)
Itinerary Management

Creates travel itineraries based on booking

87%
(Based on 18 reviews)
Trip Notifications

Integrates to calendaring systems and/or provides notifications of upcoming flights, hotels, rental cars, etc.

87%
(Based on 19 reviews)
Advanced Integrations

Allows advanced integrations to travel systems like Uber, airline ticketing systems, hotels, etc.

n/a
Administration
Payroll Entry

Allows administrator to enter payroll for all employees based on salary or total hours worked.

88%
(Based on 129 reviews)
Time Off Accrual

Calculation and tracking of sick and vacation days.

89%
(Based on 164 reviews)
Direct Deposit

Automatically deposits paychecks into employees' bank accounts.

92%
(Based on 166 reviews)
Expense Reimbursement

Allows administrator to reimburse employees for business-related purchases.

88%
(Based on 90 reviews)
Pre-tax Deductions

Automatically deducts wages for health care, 401(k) plans, etc. from paychecks.

88%
(Based on 125 reviews)
Wage Garnishment

Allows administrator to set up for wage garnishments to be deducted automatically from employers' paychecks.

88%
(Based on 69 reviews)
Approvals

Administrator can submit payroll approval request and the approver can approve, deny, or re-assign it to the appropriate approver.

90%
(Based on 123 reviews)
Check/W-2 Printing

Allows administrators to print valid paychecks and W-2 forms.

91%
(Based on 127 reviews)
Check/W-2 Delivery

Sends printed checks to administrator to distribute to employees.

90%
(Based on 125 reviews)
Sourcing
Social Sourcing

Enables the user to share job posting on social channels.

75%
(Based on 30 reviews)
Job Posting

Posts job listings to job boards.

82%
(Based on 44 reviews)
Candidate Sourcing Metrics

Reports where applicants are finding job listings.

75%
(Based on 33 reviews)
Candidate Search

Searches for qualified candidates by integrating with career sites.

73%
(Based on 34 reviews)
Career Page Configuration

Configures branded career page for the users website.

75%
(Based on 33 reviews)
Pre-Hire
Forms Library

Provides a library of templated forms related to the hiring process.

n/a
E-Forms

Provides electronic forms for employees to complete.

84%
(Based on 72 reviews)
E-Signature

Enables new hires to sign forms electronically.

87%
(Based on 77 reviews)
Background Checks

Enables the employer to perform background checks.

n/a
Offer Letter Approvals

Enables all stakeholders to approve an offer letter.

85%
(Based on 64 reviews)
Offer Letter Templates

Provides templates for offer letters.

85%
(Based on 55 reviews)
Performance Management
Goal Management

Enable goals to be alligned throughout organization Goals can be created and/or cascaded down by managers. Goal progress can be tracked.

81%
(Based on 179 reviews)
Reviews and Feedback

Performance Reviews can be created using templates/libaries and delivered. Employees performance can be compared to make promotion and compensation decisions. 360 degree feedback can be included in feedback process

84%
(Based on 191 reviews)
Compensation

Bonus and Merit pay distribution can be managed based on customizable rules for the organization.

86%
(Based on 176 reviews)
Succession Planning

Manages talent pool to ensure key indivduals are being prepared for key roles

85%
(Based on 113 reviews)
Career and Development Planning

Helps managers and individuals identify carreer paths as well as development compentencies for career paths.

82%
(Based on 149 reviews)
Time Tracking
Ease of Completing Timesheets

Timesheet entry takes little time and is intuitive for new users

88%
(Based on 148 reviews)
Tracking Time to Project/Task

Users can easily track time based on task or activity and assign to projects

88%
(Based on 108 reviews)
Billable Time Rate Management

Allows users and administrators to adjust rates based on user, role, task, project assignments, etc.

89%
(Based on 80 reviews)
Taxes
Tax Calculation

Calculates taxes due and may include resources or tools for federal and state tax compliance.

89%
(Based on 100 reviews)
Tax Filing

Files payroll tax forms automatically for federal, state, and local taxes.

88%
(Based on 78 reviews)
Automatic Tax Payment

Allows payroll vendor, via power of attorney, to make electronic payments of withheld taxes to government.

88%
(Based on 77 reviews)
Candidate Management
Dashboards

Creates dashboards to track information like open positions, current headcount, and recruiting pipeline.

76%
(Based on 42 reviews)
Workflow Building

Enables the building of custom recruiting workflows.

78%
(Based on 38 reviews)
Hiring Processes Tracking

Tracks a candidates spot in the hiring process.

80%
(Based on 45 reviews)
Scheduling

Integrates with calendars and allows the scheduling of phone screens and interviews.

73%
(Based on 26 reviews)
Applicant Data Management

Stores applicant data that can be accessed by multiple people on a team.

79%
(Based on 40 reviews)
Candidate Evaluations

Enables users to share feedback on candidates.

78%
(Based on 34 reviews)
Automated Resume Parsing

Analyzes resumes and applicant data based on user-selected preferences.

77%
(Based on 33 reviews)
Candidate-Facing Statuses

Enables candidates to view where they are in the hiring process.

75%
(Based on 32 reviews)
Post-Hire
Self-Service Portal

Enables employees to login and view their onboarding process.

n/a
Automated Team Introductions

Introduces new hires to employees based on org chart.

79%
(Based on 51 reviews)
Compliance Training

Provides training on relevant compliance issues.

81%
(Based on 62 reviews)
Automated Onboarding Workflows

Provides workflows which track new hire progress.

85%
(Based on 90 reviews)
Onboarding Notifications

Provides notifications about the onboarding process to both the new hire and manager.

83%
(Based on 92 reviews)
Recruiting and Onboarding
Recruiting Marketing

Tracks and manages advertising and job postings accross multiple channels

78%
(Based on 78 reviews)
Sourcing and Candidate Identification

Search broad candidate pool to recruit passive talent

81%
(Based on 87 reviews)
Job Posting

Abiilty to post job descriptions and allow candidates to apply within software or whitelabel apply on company's website

82%
(Based on 101 reviews)
Screening and Assessments

Functionality to quickly screen candidates manually and/or through predefined and custom testing methodologies

80%
(Based on 82 reviews)
Interview and Offer Management

Provides interview scheduling, sample questions, and offers

81%
(Based on 87 reviews)
Applicant Tracking

Provides tools to track and analyze candidate applications throughout predetermined stages of the recruiting process.

82%
(Based on 100 reviews)
Onboarding

Tracks key steps in onboarding process including new employee orientation and employee payroll documents.

85%
(Based on 120 reviews)
Client Invoicing
Invoice Creation and Delivery

Ability to create and send printable or electronic invoices. Includes standard invoice style library that can be customized/branded.

85%
(Based on 42 reviews)
Electronic Payments

Accepts electronic payments from clients

86%
(Based on 54 reviews)
Project Accounting / Revenue Recognition

Provides adequate reporting and/or can integrate to AP systems to recognize revenue appropriately

86%
(Based on 42 reviews)
Integration
API / Integration

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

85%
(Based on 75 reviews)
Time Tracking Integration

Enables administrator to import hours from time tracking systems.

91%
(Based on 98 reviews)
Accounting Integration

Provides standard integration with third party accounting software.

86%
(Based on 70 reviews)
Core HR Integration

Provides standard integration with third party core HR software.

87%
(Based on 94 reviews)
Reporting
Time-to-Productivity Reporting

Provides metrics on the time it takes a new hire to reach productivity.

80%
(Based on 68 reviews)
Onboarding Process Reporting

Provides holistic Metrics on the onboarding process.

83%
(Based on 77 reviews)
Platform
Customization

Allows administrators to customize to accomodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views.

73%
(Based on 67 reviews)
Integration APIs

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

81%
(Based on 61 reviews)
Internationalization

Enables users to view and transact business with the same content in multiple languages and currencies.

80%
(Based on 52 reviews)
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

82%
(Based on 73 reviews)
Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

86%
(Based on 73 reviews)
Mobile User Support

80%
(Based on 55 reviews)
Reporting

Enables reporting of all data contained within the system. Typically contains standard reports as well as the ability to create ad-hoc reports.

83%
(Based on 69 reviews)
Dashboards

An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization’s Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance

85%
(Based on 73 reviews)
Platform
Reporting and Dashboards

Access pre-built and custom reports and dashboards.

87%
(Based on 142 reviews)
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

87%
(Based on 148 reviews)
Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

87%
(Based on 154 reviews)
Scalability

Allows administrator to easily add employees and grow payroll process as their company grows.

89%
(Based on 124 reviews)
Mobile
Receipt Capture

Can easily capture receipts, parse receipts and convert/assign them to a report from mobile device

91%
(Based on 30 reviews)
Mileage Tracking

Allows users to track mileage from mobile device using maps or GPS.

90%
(Based on 22 reviews)
Travel Itinerary and Flight Status Updates

Mobile application can store travel itineraries, electronic documents, and updates user of travel delays/changes

91%
(Based on 16 reviews)
Platform
Embedded AI / Machine Learning

Offers embedded AI/machine learning

n/a
Complex Approval Workflow

Provides workflow for complex approval structures

86%
(Based on 25 reviews)
Mobile Time Tracking
Time Tracking

Allows users to track and enter time spent on project tasks from mobile device.

89%
(Based on 98 reviews)
Administration
PCI Regulation Compliant

Complies with PCI security standards

n/a
Administration
Standard Integrations

Provides standard connectors for popular Finance, Payroll, HRMS and CRM systems

n/a
Workflow

Routes Timesheets, Invoices, Expense reports through approval process. Easy to maintain and administer

87%
(Based on 37 reviews)
Automated Reminders

Sends automatic reminders to employees that have not completed expenses reports and/or timesheets

85%
(Based on 35 reviews)
Policy Compliance Management

Enables administrators to create rules that enforce compliances of corporate time and expense policies

87%
(Based on 32 reviews)
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

88%
(Based on 37 reviews)
Platform
Reporting

Access pre-built and custom reports and dashboards.

84%
(Based on 35 reviews)
APIs / Integration

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications.

88%
(Based on 29 reviews)
Internationalization

Enables users to view and transact business with the same content in multiple languages and currencies.

85%
(Based on 23 reviews)
Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

89%
(Based on 32 reviews)
Mobile User Support

Allows software to be easily used on multiple mobile devices include phone and tablet devices.

83%
(Based on 25 reviews)
Offline

Provides users ability to create and access expense reports/timesheets while not connected to internet.

69%
(Based on 15 reviews)