Which is the Best Human Capital Management Software SAP HCM or Workday HCM or Oracle HCM?

The human capital management is just a term coined for a software which helps businesses to manage the human resource management practices across all the aspects of the employee needs. All human resource functions are integrated into a single software solution.

Choosing the right HCM software for your organization or learning the right package is a challenge as the term “right” depends on your organizational needs and career needs. We are putting forth the positives and limitations of SAP HCM, Workday HCM, and Oracle HCM, which helps you to make the right choice.

SAP HCM Solution

The HCM solution from SAP is known as SAP Success factors solution. It is a comprehensive and integrated cloud-based solution based on the SaaS model. The SAP HCM software meets the enterprise-class needs of the organization. The SAP HCM provides core human resource solutions and payroll solutions, time and attendance solutions. The HCM software also helps in HR planning and analytics. The HCM SAP Solution software also provides consulting services and support services.

Positives

The SAP HCM software has an intuitive dashboard, multiple features relating to human capital management. The software generates a lot of reports, and data. You can pull data anytime from any module. The software integrates well with other internal programs.

Concerning factors

It’s relatively expensive and there is no free trial option. You have to spend considerable time learning the SAP HCM software.

Workday HCM solution

Workday provides comprehensive software for human capital management. THE workday HCM module is suitable for any business of any scale. Workday HCM module offers recruitment tools, talent management, compensation benefits, payroll, attendance and time management.

Positive factors

Workday HCM solution is a comprehensive solution. There are many demos available.

Concerning factors

Workday HCM module is not very friendly. There are some usability issues.

Oracle HCM

Oracle HCM solution is a cloud-based solution suitable for medium-small sized businesses. It has six modules with 1430 features and functions. Oracle HCM module is in talent acquisition, core HR functions, Talent management, workforce management, employee self-service, and product technology. The Oracle HCM software also supports change management by providing information on cost and impact on any change in the organization.

Positive factors

There are many features and functionalities. You can use than in an integrated manner or a stand-alone mode.

Concerning factors

The features and modules cannot be customized.

An interesting point to note

As per January quarterly reports, Workday won some big HR deals, which set the corporation apart from its rivals (SAP and Oracle). More than half of fortune 100 companies bought Workday HCM modules. If Workday could convince such giants to purchase HCM modules, there is a likelihood that Workday can convince the behemoths to purchase other product lines too.

Based on your career needs and the presented data, please make a wise decision for your career needs.