Shareworks vs Oracle HCM Cloud

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Our analysts compared Shareworks vs Oracle HCM Cloud based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Shareworks Software Tool

Product Basics

Shareworks is a comprehensive software solution designed to streamline HR management tasks, particularly focusing on equity plan administration. It is most suited for companies of all sizes that need to manage employee stock options, restricted stock units, and other equity compensation plans efficiently. The platform offers robust features such as real-time reporting, compliance tracking, and seamless integration with payroll systems, making it a valuable tool for HR departments. One of the key benefits of Shareworks is its ability to simplify complex equity management processes, reducing administrative burden and ensuring accuracy. Users appreciate the intuitive interface and the detailed analytics that provide insights into employee engagement and plan performance. Compared to similar products, Shareworks is often praised for its user-friendly design and comprehensive support services. Pricing for Shareworks varies based on the size of the company and the specific features required, typically involving a subscription model with annual payments. This flexibility allows businesses to scale their usage according to their needs, making it a cost-effective solution for managing equity compensation.
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Oracle HCM Cloud, also known as Oracle Fusion Cloud HCM, is a full-featured set of tools designed to help with modern HR and talent management. With a user sentiment of 83% and a product score of 84, it earns recognition as one of our top five HR products. It’s also featured as number one on our leaderboard for applicant tracking and platform capabilities.

It combines advanced analytics and various modules to meet your diverse HR needs, whether you're operating on a smaller scale or at a global organization.

HCM Analytics within Oracle Cloud shines a light on key workforce insights, helping even entry-level HR professionals make informed decisions about diversity, employee retention and talent acquisition.

Modules like workforce management, talent profiles, diversity and inclusion, and performance management are pre-built for quick deployment and usage so your team can hit the ground running without having to customize everything from scratch.

The human resources component offers core functionalities, including benefits administration, workforce directory and predictive workforce modeling. It ensures compliance with local regulations while enhancing operational efficiency through features like HR help desk support, advanced HCM controls using AI and a digital assistant for streamlined processes.

Talent management capabilities encompass recruiting, onboarding, performance tracking, career development and succession planning.

Users appreciate 24/7 support via chat and phone, managing the entire employee lifecycle in one place, and a design that's simple and easy to navigate. On the flip side, some users had a hard time customizing the system and found implementation tricky.

Pricing starts at $4 per employee per month, and you can request a free trial.

Overall, when it comes to accurately monitoring and assessing employee performance, ensuring the secure handling and storage of employees and managing the recruitment process, Oracle HCM Cloud is good to have in your corner.

It also lands in our top ten for several major categories, such as benefits management, compensation management, employee onboarding, employee self service and learning management, just to name a few.

It fully supports certifications and G Suite and Office 365 integrations. With additional modules, it allows AI-based dashboard views, which leading competitors UKG Pro, Paycor and SuccessFactors don't currently support.

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$3/User, Monthly
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$4/Employee, Monthly
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Product Assistance

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Product Insights

  • Streamlined Equity Management: Simplifies the administration of equity plans, reducing manual errors and saving time for HR teams.
  • Enhanced Employee Engagement: Provides employees with easy access to their equity information, fostering a sense of ownership and motivation.
  • Regulatory Compliance: Ensures adherence to global regulatory requirements, minimizing the risk of non-compliance and associated penalties.
  • Data-Driven Insights: Offers robust reporting and analytics tools, enabling data-driven decision-making and strategic planning.
  • Scalability: Adapts to the needs of growing companies, supporting a wide range of equity plans and participant numbers.
  • Cost Efficiency: Reduces administrative costs by automating complex processes and minimizing the need for manual intervention.
  • Improved Accuracy: Ensures precise tracking and management of equity grants, vesting schedules, and transactions.
  • Global Reach: Supports multinational organizations with features tailored to different countries' tax and legal requirements.
  • Employee Self-Service: Empowers employees to manage their equity plans through a user-friendly portal, reducing HR workload.
  • Integration Capabilities: Seamlessly integrates with other HR and financial systems, ensuring data consistency and reducing duplication of efforts.
  • Audit Readiness: Maintains detailed records and audit trails, facilitating easier and more efficient audits.
  • Customizable Solutions: Offers flexible configurations to meet the unique needs of different organizations and equity plans.
  • Real-Time Updates: Provides real-time updates on equity transactions and valuations, ensuring stakeholders have the most current information.
  • Security and Privacy: Employs advanced security measures to protect sensitive employee and company data.
  • Employee Education: Includes resources and tools to help employees understand their equity plans and make informed decisions.
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  • Leverage the Employee Experience Platform (Oracle ME): Personalize guidance and communication to boost engagement. Utilize modules like HCM Communicate, Journeys, Celebrate, Grow, and Touchpoints to support continuous development and ensure employees feel valued throughout their careers.
  • Ease Data-Driven Decision-Making: Harness HCM Analytics for pre-built and customizable analytics capabilities. Monitor, align and act on critical workforce insights to make informed decisions. Enjoy top-rated features such as custom filters, pre-built reports and report scheduling.
  • Streamline End-to-End HR Management: Manage everything from hiring and onboarding to ongoing employee engagement. Ensure compliance with legal and company standards while offering self-service options for personal data management, PTO requests, and payslip access.
  • Ensure Global Compliance: Maintain adherence to local regulations with Oracle HCM Cloud’s global compliance feature. Support legislative requirements across 200+ countries and jurisdictions, including industry-specific and union agreements, using rule-driven workflows.
  • Customize Benefits Management: Tailor benefits programs to meet organizational needs and integrate seamlessly with Oracle Payroll. Manage plan rates and coverage efficiently while enjoying top-ranked features like ACA Eligibility Calculation, COBRA Administration, and Life Event Management.
  • Enhance Workforce Modeling and Predictions: Use predictive analytics to proactively manage workforce risks like attrition. Employ tools for workforce planning and scenario modeling to adapt to changing business needs and optimize long-term workforce strategies.
  • Strengthen Advanced HCM Controls: Improve security and compliance with AI-driven fraud and error prevention mechanisms. Ensure data integrity and regulatory compliance through sensitive access certification and segregation of duties (SOD) analysis.
  • Configure with the Experience Design Studio: Personalize workflows and validate data according to company policies and local regulations without coding. Tailor user views based on roles, geography, or business units to enhance user adoption and satisfaction.
  • Centralize with Activity Centers: Offer centralized workspaces for employees, managers, recruiters and payroll specialists. Provide tailored insights and support tools to enhance productivity and engagement, focusing on essential activities to drive workplace efficiency and employee satisfaction.
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  • Equity Plan Management: Comprehensive tools for managing various types of equity plans, including stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs).
  • Global Compliance: Ensures adherence to local regulations and tax laws across multiple jurisdictions, reducing the risk of non-compliance.
  • Participant Portal: A user-friendly interface for employees to view and manage their equity holdings, exercise options, and track vesting schedules.
  • Real-Time Reporting: Advanced reporting capabilities that provide real-time insights into equity plan performance, participant activity, and financial impact.
  • Automated Workflows: Streamlines administrative tasks with automated processes for grant issuance, vesting, and option exercises.
  • Integration Capabilities: Seamlessly integrates with HRIS, payroll, and financial systems to ensure data consistency and accuracy.
  • Customizable Dashboards: Personalized dashboards that allow administrators to monitor key metrics and access critical data at a glance.
  • Mobile Access: Mobile-friendly platform enabling participants to manage their equity plans on-the-go via smartphones and tablets.
  • Tax Optimization Tools: Features that help participants and administrators optimize tax outcomes related to equity transactions.
  • Audit Trails: Detailed audit logs that track all changes and transactions, ensuring transparency and accountability.
  • Employee Education Resources: Comprehensive educational materials and tools to help employees understand their equity compensation and make informed decisions.
  • Data Security: Robust security measures, including encryption and multi-factor authentication, to protect sensitive information.
  • Scalability: Designed to accommodate the needs of companies of all sizes, from startups to large enterprises.
  • Support Services: Access to dedicated support teams and resources to assist with implementation, troubleshooting, and ongoing management.
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  • Global Human Resources: The software streamlines global, local, and industry-specific needs, driving efficiency across cultures and countries. It offers work-life solutions, an HR help desk, a workforce directory, strategic planning, modeling, predictions, and payroll and benefits management.
  • Employee Information: Employees can manage their personal information, benefit enrollments, absences and leaves, as well as view reimbursement slips and total compensation.
  • Worker Lifecycle: This feature supports end-to-end employee management — hiring, management and termination — keeping applicable legislation and global practices in view.
  • Rule-Driven Processing: The suite helps manage unions, collective labor, worker agreements and policies while staying compliant.
  • Talent Management: The talent management cloud empowers talent lifecycle stages so employers can hire the right people, nurture growth and employee development, manage succession, and more.
  • AI Apps: Artificial intelligence and data-driven functionalities improve the candidate pool quality, increase employee engagement, decrease time to hire and optimize organizational processes.
  • Advanced HCM Controls: This function helps control exception workflows, automate analysis to comply with privacy regulations like GDPR and prevent payroll errors.
  • Workforce Management: Workforce management solutions help talent managers build an agile workforce through effortless time and labor tracking, time calculation, cost control, and managed compliance risks.
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Product Ranking

#121

among all
HR Management Software

#4

among all
HR Management Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Shareworks
Oracle HCM Cloud
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Applicant Tracking And Recruiting Benefits Management Compensation Management Document Management Employee Engagement Employee Onboarding And Administration Employee Self Service Learning Management Payroll Management Performance Management Platform Capabilities Reporting And Dashboard Succession Management Time And Attendance Management Workforce Management 97 67 89 79 39 94 98 84 96 93 100 97 98 76 92 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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Availability And Scalability Deployment Options Integrations And Extensibility Mobile Platform Security 100 50 53 100 0 25 50 75 100
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Analyst Ratings for Vendor Qualification Requirements Customize This Data Customize This Data

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User Sentiment Summary

Good User Sentiment 14 reviews
Great User Sentiment 1530 reviews
74%
of users recommend this product

Shareworks has a 'good' User Satisfaction Rating of 74% when considering 14 user reviews from 1 recognized software review sites.

83%
of users recommend this product

Oracle HCM Cloud has a 'great' User Satisfaction Rating of 83% when considering 1530 user reviews from 5 recognized software review sites.

n/a
4.1 (14)
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3.7 (528)
3.71 (14)
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4.7 (292)
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4.2 (637)

Awards

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SelectHub research analysts have evaluated Oracle HCM Cloud and concluded it earns best-in-class honors for Applicant Tracking and Recruiting, Platform Capabilities and User Support.

Applicant Tracking and Recruiting Award
Platform Capabilities Award
User Support Award

Synopsis of User Ratings and Reviews

Easy to Use: Users consistently praise Shareworks for its intuitive interface, making it easy to navigate and manage employee equity plans, even for those with limited experience.
Streamlined Administration: Shareworks simplifies the administration of equity plans, automating tasks like grant issuance, vesting calculations, and reporting, freeing up HR teams to focus on other priorities.
Comprehensive Reporting: The platform provides detailed reports on equity plan activity, allowing HR to track key metrics, analyze trends, and make informed decisions about compensation and equity strategies.
Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Shareworks' customer support team, providing timely assistance and resolving issues efficiently.
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Usability: Oracle HCM is praised for its intuitive and visually appealing user interface, which makes it easy for beginners to learn and navigate. The system’s workflows streamline processes, enhancing productivity and minimizing non-value-added work.
Functionality and Integration: The tool excels in integrating various HR functions into a single platform, offering good connectivity and the ability to define and execute global templates. This integration supports enhanced analytics, real-time reporting and a unified HR experience across different countries.
Customer Support: The sales and technical teams are noted for their people-oriented approach and strong support. Oracle HCM has improved its customer engagement model and actively works to understand and respond to customer feedback.
Flexibility and Adaptability: The product's extensible configuration allows it to adapt to an organization’s specific needs, making it easier to tailor the application.
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Limited Reporting Options: Some users have found the reporting features to be limited, making it difficult to track key metrics like employee engagement or performance.
Steep Learning Curve: The platform can be complex to navigate, especially for new users, requiring significant time investment to master its functionalities.
Lack of Customization: Users have expressed frustration with the limited customization options, making it challenging to tailor the platform to their specific HR needs.
Integration Challenges: Integrating Shareworks with other HR systems can be a cumbersome process, leading to data inconsistencies and potential errors.
Customer Support Issues: Some users have reported difficulties reaching customer support or experiencing long wait times for assistance.
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Customization Limits: While the system is generally flexible, it has limitations in areas such as user rights management and the ability to introduce new ideas to Oracle Development. There’s room for improvement in how user rights and areas of responsibility are managed.
Communication Inconsistency: There is a noted inconsistency in user communication within the app. For example, email notifications and other communication features vary in sophistication, affecting the overall customer experience.
Quarterly Releases: The frequency of updates (four times a year) is viewed as too frequent by some users, creating challenges in managing and implementing these updates effectively. While initially challenging, users generally adapt over time.
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Is Shareworks really share-worthy, or does it need a performance review? User reviews from the past year present a mixed bag when it comes to Shareworks. Some users appreciate the platform's intuitive design and robust reporting capabilities, highlighting how it simplifies complex equity plans and provides a clear audit trail. For example, one user praised the software's ability to model different forecasting scenarios, which helped them make informed decisions about their equity compensation. However, other users have voiced concerns about the platform's customer support and occasional technical glitches. One user specifically mentioned experiencing difficulties integrating Shareworks with their existing HRIS system, leading to delays and frustration. This disparity in experiences suggests that Shareworks's suitability hinges on specific needs and expectations. Shareworks seems to be a good fit for publicly traded companies or large private companies with sophisticated equity compensation plans, especially those already familiar with Morgan Stanley's suite of financial services. Its strengths lie in its comprehensive features, detailed reporting, and integration with other Morgan Stanley products. However, smaller businesses or those with simpler equity structures might find the platform's complexity and cost outweigh its benefits. Ultimately, deciding whether Shareworks truly "works" for your organization requires careful consideration of your specific requirements and a thorough assessment of its capabilities against your needs.

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According to our data, Oracle HCM Cloud leads in succession management, reporting, applicant tracking, and recruiting and payroll management.Oracle HCM Cloud is tailored to meet diverse human capital management needs across various industries for businesses of all sizes. Users commonly appreciate its seamless integration capabilities and user-friendly mobile access. The platform's robust management features ensure reliable maintenance and security for data privacy.However, initial setup can be challenging, requiring a learning curve for new users. Feedback from users highlights areas such as referral tracking, interview feedback workflows and job offer processes that lack customization options.Additionally, some users have noted limitations in the reporting functionality, suggesting room for improvement in data analysis capabilities.Oracle HCM Cloud operates on a pricing model starting from $4 per employee per month, making it accessible for varying business sizes. It offers a free trial for prospective users to explore before committing.Training resources include live online sessions, videos and webinars. It also has comprehensive support options such as email, phone, chat, FAQs, forums, a help desk, knowledge base and a ticketing system. 24/7 live support ensures assistance is available whenever needed.Industries commonly leveraging Oracle HCM Cloud include technology, finance, healthcare, manufacturing, and retail sectors, benefiting from its scalable solutions and tailored industry-specific functionalities.Oracle HCM is well-regarded for its user-friendly interface, effective integration of HR functions, and strong customer support. It provides significant benefits in streamlining HR processes and enhancing data reliability.In contrast, it struggles with customization, mobile application robustness and user communication. The quarterly release cycle can also be a hurdle for some organizations, though it typically becomes more manageable over time.Organizations with robust in-house IT capabilities are particularly well-positioned to deploy and manage Oracle HCM Cloud effectively, maximizing its potential benefits for their HR management needs.

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