Paychex vs. Workday Human Capital Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Paychex
Score 6.7 out of 10
N/A
Paychex Flex, of Paychex' Online Payroll Services, is a cloud-based human resource management and payroll platform. Paychex offers core and specialized services, and scales to meet the needs of small businesses, SMBs, and large enterprises.
$59
per month/+$4 per employee
Workday HCM
Score 8.2 out of 10
N/A
Workday Human Capital Management is a cloud-native system offering a globally consistent user experience. Workday HCM is part of an intelligent, unified system with other Workday products.N/A
Pricing
PaychexWorkday Human Capital Management
Editions & Modules
Paychex Go
$59
per month/+$4 per employee
Paychex Flex Service
Contact sales team
Paychex Flex Enterprise
Contact sales team
No answers on this topic
Offerings
Pricing Offerings
PaychexWorkday HCM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
PaychexWorkday Human Capital Management
Considered Both Products
Paychex
Chose Paychex
It’s great that Paychex is one place for all things, however workday in combination with a financial institution for managing 401ks is a cleaner and easier to use system. That being said, we didn’t utilize all the components of Paychex
Workday HCM
Chose Workday Human Capital Management
Workday blows SAP away in the human capital management space. Workday is extremely user-friendly where SAP made me want to pull my hair out on a daily basis, as did all of my coworkers. I think it this is mainly due to the fact the Workday is ONE platform, everyone gets the …
Features
PaychexWorkday Human Capital Management
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Paychex
6.6
270 Ratings
21% below category average
Workday Human Capital Management
8.5
98 Ratings
5% above category average
Employee demographic data7.8217 Ratings8.383 Ratings
Employment history8.1241 Ratings8.793 Ratings
Job profiles and administration7.7175 Ratings8.595 Ratings
Workflow for transfers, promotions, pay raises, etc.7.6170 Ratings9.190 Ratings
Organizational charting1.01 Ratings9.389 Ratings
Organization and location management7.5156 Ratings8.986 Ratings
Compliance data (COBRA, OSHA, etc.)6.7145 Ratings6.761 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paychex
7.6
312 Ratings
7% below category average
Workday Human Capital Management
8.9
81 Ratings
9% above category average
Pay calculation8.1294 Ratings8.569 Ratings
Off-cycle/On-Demand payment6.9152 Ratings9.819 Ratings
Benefit plan administration6.9173 Ratings8.464 Ratings
Direct deposit files8.3293 Ratings8.770 Ratings
Salary revision and increment management7.9208 Ratings9.167 Ratings
Reimbursement management7.6117 Ratings9.244 Ratings
Support for external payroll vendors00 Ratings8.757 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paychex
7.3
159 Ratings
11% below category average
Workday Human Capital Management
8.6
76 Ratings
5% above category average
Approval workflow7.3113 Ratings8.575 Ratings
Balance details7.5151 Ratings8.475 Ratings
Annual carry-forward and encashment7.0119 Ratings8.861 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paychex
7.8
268 Ratings
5% below category average
Workday Human Capital Management
8.4
96 Ratings
2% above category average
View and generate pay and benefit information7.8246 Ratings8.885 Ratings
Update personal information7.9258 Ratings8.694 Ratings
View company policy documentation7.6120 Ratings7.674 Ratings
View job history7.8182 Ratings8.885 Ratings
Employee recognition00 Ratings8.057 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Paychex
5.1
43 Ratings
45% below category average
Workday Human Capital Management
8.3
25 Ratings
3% above category average
Tracking of all physical assets5.143 Ratings8.325 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Paychex
6.0
177 Ratings
23% below category average
Workday Human Capital Management
8.4
80 Ratings
11% above category average
Report builder6.4147 Ratings8.876 Ratings
Pre-built reports6.4165 Ratings8.578 Ratings
Ability to combine HR data with external data5.191 Ratings7.866 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Paychex
6.2
172 Ratings
25% below category average
Workday Human Capital Management
8.5
58 Ratings
6% above category average
New hire portal6.7164 Ratings8.453 Ratings
Manager tracking tools5.8107 Ratings8.754 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paychex
5.2
69 Ratings
38% below category average
Workday Human Capital Management
8.2
50 Ratings
7% above category average
Job Requisition Management5.636 Ratings8.047 Ratings
Company Website Posting5.434 Ratings8.340 Ratings
Publish to Social Media4.828 Ratings8.635 Ratings
Job Search Site Posting5.235 Ratings8.541 Ratings
Duplicate Candidate Prevention4.934 Ratings7.741 Ratings
Applicant Tracking4.939 Ratings8.141 Ratings
Notifications and Alerts5.663 Ratings8.445 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Paychex
-
Ratings
Workday Human Capital Management
8.4
62 Ratings
4% above category average
Corporate goal setting00 Ratings8.652 Ratings
Individual goal setting00 Ratings8.661 Ratings
Line-of sight-visibility00 Ratings7.852 Ratings
Performance tracking00 Ratings8.660 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Paychex
-
Ratings
Workday Human Capital Management
8.8
65 Ratings
11% above category average
Performance plans00 Ratings8.964 Ratings
Performance improvement plans00 Ratings8.856 Ratings
Review status tracking00 Ratings8.760 Ratings
Review reminders00 Ratings9.059 Ratings
Multiple review frequency00 Ratings8.852 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Paychex
-
Ratings
Workday Human Capital Management
7.9
42 Ratings
1% above category average
Create succession plans/pools00 Ratings9.236 Ratings
Candidate ranking00 Ratings7.636 Ratings
Candidate search00 Ratings7.940 Ratings
Candidate development00 Ratings6.838 Ratings
Best Alternatives
PaychexWorkday Human Capital Management
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.2 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.2 out of 10
Enterprises
PeopleStrong
PeopleStrong
Score 10.0 out of 10
PeopleStrong
PeopleStrong
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PaychexWorkday Human Capital Management
Likelihood to Recommend
6.5
(323 ratings)
9.0
(130 ratings)
Likelihood to Renew
1.3
(44 ratings)
9.0
(18 ratings)
Usability
6.8
(264 ratings)
7.8
(15 ratings)
Availability
5.7
(12 ratings)
6.6
(8 ratings)
Performance
7.1
(12 ratings)
7.3
(7 ratings)
Support Rating
6.4
(265 ratings)
8.0
(27 ratings)
In-Person Training
4.5
(1 ratings)
9.6
(6 ratings)
Online Training
8.3
(4 ratings)
7.0
(7 ratings)
Implementation Rating
5.5
(13 ratings)
8.0
(11 ratings)
Configurability
5.1
(9 ratings)
7.5
(2 ratings)
Ease of integration
9.1
(3 ratings)
8.2
(1 ratings)
Product Scalability
6.3
(12 ratings)
7.3
(1 ratings)
Vendor post-sale
2.4
(33 ratings)
7.0
(1 ratings)
Vendor pre-sale
3.3
(34 ratings)
5.0
(1 ratings)
User Testimonials
PaychexWorkday Human Capital Management
Likelihood to Recommend
Paychex Inc.
It is a fantastic tool for having an all-in-one package. Employees can monitor their pay stubs, monitor their 401 (k) balance, sign up and manage employee benefit programs, and more. The software is easy to access on a computer or smartphone, making it very accessible. From what we've observed, even with a staff ranging from young to old, everyone has been catching on pretty easily.
Read full review
Workday
I would say it's well suited in every environment because I think it does so much. It's like the holy grail of HRIS systems is what I like to call it because thinking about all parts of the employee lifecycle, it lives here in Workday Human Capital Management. So I love the fact that you can do the people data analytics, you can store employee records, the talent acquisition pieces there. I'm thinking I can't think of anything negative right now except for the fact that I can't drill down into the data for the people analytics side. Other than that, I think it's literally, yeah, the holy grail of HRIS systems, I love it and I would highly recommend it.
Read full review
Pros
Paychex Inc.
  • It provides a well account of Retirement Plan Account Information.
  • Alerts are sent to email when there is new information to access.
  • Employee access both online and thru app.
  • Paperless options.
  • Easy and quick access to paystubs and tax forms.
  • Easy employee retirement management.
Read full review
Workday
  • Groups employees in management hierarchies and creates Org Charts that are easy to navigate and allow for visualizing management chains regardless of employee locations
  • Intuitive and easy to use. The Workday search functionality works very much like Google; one can search for anything that they have access to in the database and drill down into the various details. All information is connected through hyperlinks and users can easily keep digging into the details for as far as their security access would take them.
  • Tasks such as to do, review or approve items are sent to the user's Workday Inbox, very much resembling email. Notifications about outstanding "to do" items are also sent to each the user's work email address on a daily basis.
Read full review
Cons
Paychex Inc.
  • When it comes to audit reports, Paychex Flex could improve on helping clients locate the correct reports for audit purposes more easily
  • When a client receives a discount, it would be helpful if the discount were automatically provided each year, or if the Paychex rep proactively reached out to the client first, versus the client having to call and request that the discount continue.
  • It would be helpful if the invoice was emailed to the client versus the client logging in to access invoices.
Read full review
Workday
  • Should have more option in time sheet like choose project code or something.
  • On The pay page, it should have options to view past salaries; it may be there already but not in the version that I use.
  • The employee information page does not have a back button to navigate to the previous page.
Read full review
Likelihood to Renew
Paychex Inc.
Overall I like the features that Paychex Flex offers. I am sure that there are other features that I am unaware of, so I am excited to see if there is more that Flex is capable of to make my job easier. The basic features are really user friendly and easy to access. If there ever is an issue customer service is great
Read full review
Workday
It is work to make one system the source of truth for our data, but now that it is done, there is less work involved in staying on this path. This means for us that maintaining and/or implementing new modules like performance, finance, talent, etc. is simple. It's a no-brainer
Read full review
Usability
Paychex Inc.
Employee usability is very good and user-friendly. For the most part, the employer usability is good, but for complicated rules and policies, it requires technical assistance, which in our case, was clunky and slow in implementation. Once is place, everything works as it should
Read full review
Workday
Workday's on a great path in terms of user experience. Their goals is to deliver a use experience that doesn't require training or instruction, like Amazon on the consumer side for example. That's hard to do when you're talking about complex business processes and important and sensitive employee information, but they're doing it well
Read full review
Reliability and Availability
Paychex Inc.
We have not experienced any difficulties with unplanned outages. Notifications are always made for outages, and they do not effect normal business operations.
Read full review
Workday
In 2014, Workday has changed the update process. There will be two updates a year; the updates will be delivered to customers typically in a 24 hour window during these two weekends a year. They also keep the Community up-to-date about any planned outages, etc. There is weekly scheduled downtime on Friday night.
Read full review
Performance
Paychex Inc.
Unless there is lag time within the internet, the Paychex Flex website loads exceptional fast, pages load quickly and reports that I need to print or download load quickly. If I need to create a specialized report, once I complete it I receive an e-mail telling me my report is ready to be downloaded. Changing between web pages is fast as well.
Read full review
Workday
From my perspective, the system runs like a well oiled machine and I have not had any issues with customers complaining about speed. If a report is taking long to run, the report can run in the background and you can go about your business. For larger enterprises, there is additional space and machines to process the application in what Workday refers to it as Extended Configuration Tenant
Read full review
Support Rating
Paychex Inc.
Chat has been helpful but the person I chat with isn't always able to help me with my questions. Phone support is ok, depending on your payroll specialist. We have a great one currently, but the few before that were never available and did not return calls.
Read full review
Workday
Workday is still learning about the needs of higher education. I have seen rapid improvement in support and knowledge over the last year so am confident this will continue to improve. Overall however, I have found the Support Team to be extremely responsive and Workday offers the advantage of having support across several timezones so that we never wait more than a few hours for a response.
Read full review
In-Person Training
Paychex Inc.
We did online training only
Read full review
Workday
Some training is offered online. Cost is per-person. This also gets quite expensive. Training doesn’t follow a logical path A to B. Starts in middle. When you try to do it afterwards at your desk, difficult.
• Training scenarios are not very real
Read full review
Online Training
Paychex Inc.
It was easy to understand and follow along. I do like the informational videos that we can utilize before we opt to call in for customer service support. It has made a difference since sometimes that resolves the issue I may have had and saved myself a phone call to Paychex support.
Read full review
Workday
I have done for report writing and mass imports (EIBs). They give materials and you run through examples, i.e. you don’t just watch them do tasks, so that is helpful. Training is expensive – a single reporting writing class is $600 per person for virtual training
Read full review
Implementation Rating
Paychex Inc.
Implementation was very smooth. The most cumbersome task was entering the current employees into the system during initial set up, but Paychex staff handled most of that and verified against prior system reports as well as internal reports provided to ensure 100% accuracy.
Read full review
Workday
It was implemented before my joining the company. At my last company, we used Workday professional services.

Based upon my experience at my last company, I would rate the implementation experience an 8/10. There are different ways to set things up and we had different people telling us different things. It set us back a couple of times.

Regarding configuration advice, we could set things up where every manager has supervisory organizations, or have it financially based i.e. aligned to cost center/department. We chose the individual manager path and I think we should have chosen a department route. Going down the individual manager path, to maintain the information, we have to inactivate a supervisory org whenever a manager changes/leaves.
Read full review
Alternatives Considered
Paychex Inc.
We still use QB Desktop Pro to maintain a Check Register / Overall Balance for the company, but once having tried QB Payroll Online for about 3 months prior to finding Paychex Flex I can tell you that there's just no comparison. QB online is VERY EXPENSIVE and not so user-friendly. I hated every minute of those 6 payrolls we ran through QB online.
Read full review
Workday
Workday is an incomplete product, by this I mean it must work alongside other products and does not work by itself. Trying to make several different products work smoothly together becomes very challenging. As compared to ADP products, when purchased all together work very well all together. Also, ADP has extensive Training programs and extensive Customer Support. So ADP's products are far superior to Workday's products in my opinion.
Read full review
Scalability
Paychex Inc.
I generally do payroll at the office, however I have had to go remote due to internet issues and also had to take payroll on vacation with me. Very easy to log in wherever you are and manage your TAA and payroll
Read full review
Workday
Workday has released Financials and is continuing to develop it's Human Capital Management footprint with the addition of Workday Recruiting. I think customers will find that is easy to add on additional functionality in the system. Workday does make it easy for customers to make changes without relying on IT resources. The Business Process framework is a visual tool that allows functional resources to make changes and see the flow of the transaction
Read full review
Return on Investment
Paychex Inc.
  • With Paychex Flex we have been able to improve our compliance with required documentation for new/rehires
  • Moving everyone to direct deposit and mobile clock in/out eliminated lines at punching stations and paycheck pickup stations
  • Lost checks is a thing of the past
Read full review
Workday
  • Positive ROI, we were one of the first organizations that went with Workday HCM, and we received numerous discounts. Cloud systems are the way to go and we feel the system is stable for our growing work force.
  • The user conferences have been helpful to network and learn more deepness in the modules and functionality.
  • Right off the bat, our implementation costs were lower than budgeted and we had less 'billing' surprises.
Read full review
ScreenShots

Paychex Screenshots

Screenshot of Screenshot of Screenshot of

Workday HCM Screenshots

Screenshot of Workday Human Capital Management HomepageScreenshot of Workday Human Capital Management Manager Insights HubScreenshot of Workday Human Capital Management HR Partners HubScreenshot of Workday Human Capital Management Expense AnalysisScreenshot of Workday Human Capital Management Skills DashboardScreenshot of Workday Human Capital Management HR Operations and Compliance Dashboard