Oracle Fusion Cloud HCM vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle Fusion Cloud HCM
Score 7.8 out of 10
N/A
Oracle Fusion Cloud HCM, or Oracle Taleo, is a cloud HCM solution with Talent Management solutions. Its talent management solution includes Recruiting, Onboarding, Learning, Career Development, Opportunity Marketplace, Performance Management, Compensation, Succession Planning, etc.
$4
Per Employee Per Month
Workday Financial Management
Score 8.2 out of 10
N/A
Workday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
Pricing
Oracle Fusion Cloud HCMWorkday Financial Management
Editions & Modules
Help Desk
$4.00
Per Employee Per Month
Talent Management
$10.00
Per Employee Per Month
Global HR
$15.00
Per Employee Per Month
No answers on this topic
Offerings
Pricing Offerings
Oracle Fusion Cloud HCMWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional DetailsContact Oracle HCM for detailed pricing information at +1.800.392.2999
More Pricing Information
Community Pulse
Oracle Fusion Cloud HCMWorkday Financial Management
Considered Both Products
Oracle Fusion Cloud HCM
Chose Oracle Fusion Cloud HCM
Our organization considered Workday and selected HCM Cloud, but I wasn't part of that particular evaluation process. HCM Cloud's compatibility with Oracle eBusiness Suite which we currently use, was a big factor though.
Chose Oracle Fusion Cloud HCM
We also considered Workday HCM but in the end, we decided to go with Oracle HCM Cloud because it had more options and was easier to integrate with our existing programs. We are a very large organisation and Workday did not offer all the options that we need in order to run our …
Workday Financial Management

No answer on this topic

Features
Oracle Fusion Cloud HCMWorkday Financial Management
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Oracle Fusion Cloud HCM
8.7
176 Ratings
7% above category average
Workday Financial Management
-
Ratings
Employee demographic data8.6165 Ratings00 Ratings
Employment history9.1174 Ratings00 Ratings
Job profiles and administration8.7167 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.8.9157 Ratings00 Ratings
Organizational charting8.4159 Ratings00 Ratings
Organization and location management8.8164 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)8.4124 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Oracle Fusion Cloud HCM
8.7
119 Ratings
7% above category average
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation9.1106 Ratings8.222 Ratings
Support for external payroll vendors8.594 Ratings00 Ratings
Off-cycle/On-Demand payment8.332 Ratings00 Ratings
Benefit plan administration8.7108 Ratings7.919 Ratings
Direct deposit files9.0100 Ratings8.019 Ratings
Salary revision and increment management8.9109 Ratings00 Ratings
Reimbursement management8.291 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Oracle Fusion Cloud HCM
8.9
122 Ratings
9% above category average
Workday Financial Management
-
Ratings
Approval workflow8.8118 Ratings00 Ratings
Balance details8.9122 Ratings00 Ratings
Annual carry-forward and encashment8.8114 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Oracle Fusion Cloud HCM
8.8
156 Ratings
7% above category average
Workday Financial Management
-
Ratings
View and generate pay and benefit information8.6135 Ratings00 Ratings
Update personal information8.9155 Ratings00 Ratings
View company policy documentation8.4115 Ratings00 Ratings
Employee recognition9.0107 Ratings00 Ratings
View job history8.9152 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Oracle Fusion Cloud HCM
8.6
70 Ratings
8% above category average
Workday Financial Management
-
Ratings
Tracking of all physical assets8.670 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Oracle Fusion Cloud HCM
8.7
157 Ratings
14% above category average
Workday Financial Management
-
Ratings
Report builder9.0155 Ratings00 Ratings
Pre-built reports8.9152 Ratings00 Ratings
Ability to combine HR data with external data8.2141 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Oracle Fusion Cloud HCM
8.8
125 Ratings
10% above category average
Workday Financial Management
-
Ratings
New hire portal8.9122 Ratings00 Ratings
Manager tracking tools8.7119 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Oracle Fusion Cloud HCM
8.2
125 Ratings
2% above category average
Workday Financial Management
-
Ratings
Corporate goal setting8.6119 Ratings00 Ratings
Individual goal setting8.5121 Ratings00 Ratings
Line-of sight-visibility8.4111 Ratings00 Ratings
Performance tracking8.5124 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Oracle Fusion Cloud HCM
8.6
138 Ratings
8% above category average
Workday Financial Management
-
Ratings
Performance plans8.4136 Ratings00 Ratings
Performance improvement plans8.5121 Ratings00 Ratings
Review status tracking8.3131 Ratings00 Ratings
Review reminders8.4123 Ratings00 Ratings
Multiple review frequency8.4120 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Oracle Fusion Cloud HCM
8.5
109 Ratings
9% above category average
Workday Financial Management
-
Ratings
Create succession plans/pools8.499 Ratings00 Ratings
Candidate ranking8.5101 Ratings00 Ratings
Candidate search8.6105 Ratings00 Ratings
Candidate development8.5103 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Oracle Fusion Cloud HCM
8.3
126 Ratings
8% above category average
Workday Financial Management
-
Ratings
Job Requisition Management8.3121 Ratings00 Ratings
Company Website Posting8.3119 Ratings00 Ratings
Publish to Social Media8.3112 Ratings00 Ratings
Job Search Site Posting8.7114 Ratings00 Ratings
Duplicate Candidate Prevention8.5118 Ratings00 Ratings
Applicant Tracking8.9118 Ratings00 Ratings
Notifications and Alerts8.8121 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration00 Ratings8.616 Ratings
Plug-ins00 Ratings7.518 Ratings
Security
Comparison of Security features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
9.0
24 Ratings
8% above category average
Single sign-on capability00 Ratings9.124 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
7.8
26 Ratings
6% above category average
Dashboards00 Ratings7.726 Ratings
Standard reports00 Ratings7.923 Ratings
Custom reports00 Ratings7.821 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
7.6
22 Ratings
1% below category average
Accounts payable00 Ratings7.317 Ratings
Accounts receivable00 Ratings7.017 Ratings
Global Financial Support00 Ratings7.118 Ratings
Primary and Secondary Ledgers00 Ratings7.118 Ratings
Journals and Reconciliations00 Ratings7.415 Ratings
Configurable Accounting00 Ratings7.318 Ratings
Standardized Processes00 Ratings7.819 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
7.0
10 Ratings
12% below category average
Inventory tracking00 Ratings7.310 Ratings
Automatic reordering00 Ratings7.110 Ratings
Location management00 Ratings6.59 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Oracle Fusion Cloud HCM
-
Ratings
Workday Financial Management
6.6
10 Ratings
17% below category average
Credit card processing00 Ratings6.610 Ratings
Best Alternatives
Oracle Fusion Cloud HCMWorkday Financial Management
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.2 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
PeopleStrong
PeopleStrong
Score 9.9 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle Fusion Cloud HCMWorkday Financial Management
Likelihood to Recommend
8.7
(219 ratings)
8.4
(26 ratings)
Likelihood to Renew
9.0
(31 ratings)
9.0
(1 ratings)
Usability
7.0
(6 ratings)
9.0
(9 ratings)
Availability
7.0
(1 ratings)
-
(0 ratings)
Performance
8.0
(6 ratings)
-
(0 ratings)
Support Rating
4.1
(6 ratings)
10.0
(5 ratings)
Online Training
8.8
(4 ratings)
-
(0 ratings)
Implementation Rating
6.0
(4 ratings)
-
(0 ratings)
Configurability
5.0
(1 ratings)
-
(0 ratings)
Ease of integration
8.0
(1 ratings)
-
(0 ratings)
Product Scalability
7.0
(6 ratings)
-
(0 ratings)
User Testimonials
Oracle Fusion Cloud HCMWorkday Financial Management
Likelihood to Recommend
Oracle
Oracle HCM is very much helpful and well suited in the recruitment and placement process and HR data. It makes it easier for HR in [organizations] to keep track of who is in and out of the [organization]. Improvement can be made by allowing employees to record their own data and update it as and when necessary without having to go through HR first.
Read full review
Workday
Workday is well suited for managing employees throughout their full life cycle. It excels at housing employee data from the start of their time with the company through their departure. Workday is less suited to payroll functions, which could be more robust.
Read full review
Pros
Oracle
  • A very beneficial tool to keep a record of the performance of all the employees and it can look for the capabilities of the employees.
  • Payroll problems are being solved easily with Oracle HCM Cloud.
  • Capable of holding all the recruitment processes easily and efficiently.
  • Price ranges are also affordable.
Read full review
Workday
  • The flexibility of going beyond handling the accounts, where we can handle cash, assets, and accounting simultaneously for the customer.
  • The single platform offers grants management where you can organize the lifecycle of the grants and synchronize it with any criteria of grant closing out scheme.
  • I personally liked Project billing with the essence of evaluating project revenue and nice reporting templates that can be shared with the customer at any stage of the project while having the flexibility of auditing the reported cost.
Read full review
Cons
Oracle
  • Government entities share data readily on applicants and HCM doesn't make it easy to have applications transferred between organizations. If applicants could apply once and send that application to multiple entities that would really make it more appealing to clients. This is a niche that is currently filled with NEOGOV, however Oracle's analytics are far superior to those in NEOGOV
  • There are no customizations allowed so clients need to work within the configuration standards or create a bolt on. Many times your greatest asset is also one of your biggest weaknesses.
  • Oracle is a large company and sometimes it can be hard to navigate the support matrix that they have set up. They also have tiers of support so you can pay more to get more, which isn't optimal from a customer point of view.
Read full review
Workday
  • Some of the Workday updates last till like 10 in the morning which prevents employees to clock in and check their times and some cases their schedules
  • Workday can work on opening documents quicker instead of taking couple of minutes or notifying the user when they are ready to download
Read full review
Likelihood to Renew
Oracle
Taleo does what we need it to do and based on the costs from both a time and money perspective, I don't see us changing anytime soon. If anything I think we will look to leverage the capabilities available that we may not already be using.
Read full review
Workday
No answers on this topic
Usability
Oracle
After the initial training's, it was quite intuitive to use the application. The application is based upon best practices and the overall flows are quite logical. The train stop approach also ensures that users understand where they are in the process cycle. Also, the number of clicks have been greatly rationalized to ensure that there is more streamlined experience.
Read full review
Workday
Workday is easy enough navigate, as long as it is properly set up. With that said, it can be put together in a modular fashion as well, allowing for a very high degree of flexibility in terms of design and process delegation. Finally, it makes consolidation achievable in times previously unthinkable.
Read full review
Reliability and Availability
Oracle
It works well. However we recently discovered that it no longer is supported on Internet Explorer so we had to change the default browser for everyone in our organization to MS Edge.
Read full review
Workday
No answers on this topic
Performance
Oracle
Works well.
Read full review
Workday
No answers on this topic
Support Rating
Oracle
The rating is based upon our current level of support. The overall experience has vastly changed since we moved into product paid support. 'Also, with Oracle going with the model of quarterly patches, it makes sense to have the product company provide support to the overall application thereby eliminating the problems of bugs.
Read full review
Workday
Our support team has been awesome. They are extremely knowledgeable and have been able to guide us through all of the challenges we have faced. Workday's community online is also extremely helpful with many trainings and help topics that can be reviewed at your convenience.
Read full review
Online Training
Oracle
Great online tools and help, and printed out guidelines.
Read full review
Workday
No answers on this topic
Implementation Rating
Oracle
There is a lot of potential on Fusion. We have reaped about 10% of potential benefits. Especially on Workforce Intelligence, the opportunities are huge. The reason why we do not use the solution at its full potential is not in the product (which is simple and transparent). A roadmap is under construction to bring more of its potential to the end user.
Read full review
Workday
No answers on this topic
Alternatives Considered
Oracle
Firstly, create a template for the data of human resources to be filled by the client with help from us, then We transformed the paperwork, excel, word sheets, did data cleansing and refined the data, and matched data with the correct fields inside the template and imported the data to oracle cloud hcm by using human capital management data loader
Read full review
Workday
Despite Airtable also being easier to use one thing that differentiates and put forth Workday Financial Management tool above is it's key features and better suited functionality for handling confidential data. The other positive note where Workday Financial Management performs high is it key analytics tool that's easier to use and representation of information into insightful dashboards.
Read full review
Scalability
Oracle
Taleo (owned now by Oracle) continues to be an incredibly powerful product and it's scalability is among the most robust of any ATS in use today.
Read full review
Workday
No answers on this topic
Return on Investment
Oracle
  • We were not good at tracking any numbers around recruiting so now this last year we have been able to set the benchmark that we now can work toward improving.
  • At any given time, we could not say how many open positions we had. Now we are able to keep track of that.
  • We do a much better job with communicating with candidates now, especially the ones not selected. This will help us maintain a better reputation and attract the candidates back for other jobs they may be a better fit for in the future.
Read full review
Workday
  • We were able to combine 4 different HR modules into one system.
  • We reduced data breach incidents by 95% after shifting to Workday. One of our legacy softwares had vulnerabilities.
  • The initial learning curve was higher than projected. We spent about a week to 10 days extra time deploying it, which affected the profit center that year.
Read full review
ScreenShots

Oracle Fusion Cloud HCM Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis