Shareworks vs PDS Vista

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Our analysts compared Shareworks vs PDS Vista 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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PDS Vista is an integrated human capital management (HCM) system for streamlining HR functions, including hiring, onboarding, human resources, benefits, payroll and time and attendance tracking. It automates core processes, empowering organizations to minimize the time allocated to routine HCM and payroll tasks.

Highly customizable, it lets users tailor it to their needs. It also records crucial business strategy and decision-making data, giving employees and managers self-service access to payroll and workforce management features. Companies can opt for on-site or cloud deployment, ensuring flexibility during implementation.
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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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  • Track KPIs: Drill into data and export it to a spreadsheet with a single click. Access over 100 pre-built tools, visualize data via comprehensive analytics and review insights through various charts and graphs, like scatter, line, column and pie charts.
  • Comply With ACA Regulations: Handle responsibilities related to ACA seamlessly. Use a comprehensive tracking tool to monitor the 30-hour mandate, ensure compliance with ACA requirements for health care plans, determine employee eligibility with automated tools and generate critical documents like 1095-Cs. 
  • Develop Reports: Simplify requesting business-centric data with the intuitive EasyAsk query tool, enabling users to select questions from a drop-down list. Enhance data generation with public or private lists of predefined questions. Choose which fields to include with a tool that supports synonyms (e.g., department or division) via a well-articulated dictionary. Access reports in multiple formats such as Excel, HTML and Word.
  • Reduce Manual Work: Automate approval processes with a workflow engine, streamline employee transactions like time-off requests, define conditions for multi-step operations and enable data filtering while maintaining transaction histories for auditing.. 
  • Go Mobile: Enhance workplace flexibility by providing remote access and editing capabilities to employees anywhere through the HRMS mobile app. Employees can view paycheck details, request time off and update data from their mobile devices. Equip managers to find employee contact info and approve job openings, vacation requests and raises.
  • Meet Compliance Regulations: Stay compliant with U.S. and Canadian laws via various reports and analytics, including OSHA, EEO, HIPAA, FMLA, IRCA, ADA, Vets-4212, AERS and ROE.
  • Support a Connected Business: Integrate with other systems for better business functioning. Configure data extracts using SQL (Structured Query Language) and effectively interface with any system. Retain absolute control over data, using various tools to process information automatically.
  • Maintain a Secure Environment: Control the information workforces see via robust security templates based on designated authorization and roles. 
  • Get Help When Needed: Product users consistently commend the support. Users can access support staff and educational resources like product videos and demos. Online tracking, technical assistance, user group membership and emergency support also ensure clients receive the assistance they need when they need it. 
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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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  • Human Resources: Boost employee management with onboarding, learning, safety and performance tools. Develop engagement, career planning and risk management programs. Create a historical data snapshot at any given point with the Point-in-Time builder tool.
  • Recruiting: Provide a wide range of recruiting functionalities by leveraging hiring tools. Track and capture recruitment data to maintain crucial applicant information. Enable HR teams to quickly analyze costs, manage applications, foster relationships with candidates and handle less paperwork overall.
  • Onboarding: Streamline onboarding by digitizing essential documents and providing access to a digital to-do list, a FAQ section and company content with simple configurations. Fast-track document signing through Adobe Sign or DocuSign enables new hires to electronically sign required HR, benefit and payroll forms before their first day, saving time and paper.
  • Workflow: Oversee staff transaction approvals with approval process automation and digital forms. Track transaction activities, reroute essential activities and information to participants and automate notifications. 
  • Reporting: Combine pre-formatted, parameter-driven HR data into a single report. Automate reports scheduling and create historical and metrics data to give managers an understanding of accepted company procedures. 
  • Analytics: Make smart strategic decisions and evaluate business data leveraging data. Seamlessly turn this data into valuable insights for better decision-making via the Vista Analytics component. 
  • Benefits Administration: Support various procedures and policies surrounding benefits administration. Offer a host of plans and coverage levels to the workforce. Take payroll deductions and premiums into account to automatically determine eligibility with the benefits administration tool. 
  • Payroll Management: Complete all payroll activities with various tools like time collection, tax maintenance service, auto-pay, reporting and a general ledger. Enable advanced functionalities, including retroactive pay, historical tracking and electronic documents and checks. Track and take action on data with an intuitive dashboard. 
  • Time and Attendance: Streamline attendance monitoring capabilities like time entry, reporting, payroll integration and multiple time collection methods. Gain advanced time tracking attributes with the cloud-based Vista Time tool. Offer geofencing and geolocation, a drag-and-drop schedule, message alerts, dashboards for employees and managers and accrued time forecasting. 
  • Self-Service Portal: Support HR activities and tasks with a range of company-wide and individual tools delivered through a comprehensive portal.
    • Provide a company directory, calendar events and company news.
    • Employees and managers can access information required to request, review and approve things like vacation or time entry.
    • Enable employees to manage their career goals and apply for internal job openings.
    • Includes a self-service tool to guide employees through benefits election and enrollment.
    • Effortlessly add links and relevant icons to content and implement manager self-service features in a protected manner, such as time approval, org charts and dashboards. 
  • Career Portal: Create a branded individualized career portal. Include filters, categories for ranking applicants, automation, and employee requisition attributes. Facilitate the entire application process for candidates with the job center tool and allow them to complete applications anytime from any location, leveraging a mobile interface. Supports multiple languages for enhanced self-service.
  • Mobile App: Leverage a mobile app on Android and Apple devices to remotely access MyVista, including the mobile-optimized Vista Onboarding and Vista Recruiting Career Center. 
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Product Ranking

#121

among all
HR Management Software

#65

among all
HR Management Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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PDS Vista
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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 69 75 84 98 69 84 83 64 91 78 78 93 48 62 45 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

Shareworks
PDS Vista
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Availability And Scalability Deployment Options Integrations And Extensibility Mobile Platform Security 100 100 57 87 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 67 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.

84%
of users recommend this product

PDS Vista has a 'great' User Satisfaction Rating of 84% when considering 67 user reviews from 3 recognized software review sites.

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4.3 (22)
3.71 (14)
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4.5 (16)
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4.0 (29)

Awards

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SelectHub research analysts have evaluated PDS Vista and concluded it earns best-in-class honors for Deployment Options, Professional Services and Maintenance and User Support.

Deployment Options Award
Professional Services and Maintenance 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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Comprehensive Suite: PDS Vista offers a wide range of modules, covering everything from core HR functions like payroll and benefits administration to talent management, recruiting, and learning management. This comprehensive suite eliminates the need for multiple, disparate systems, streamlining HR processes and data management.
Customizable and Scalable: The system's flexibility allows organizations to tailor it to their specific needs and industry regulations. Whether it's adding custom fields, workflows, or reports, PDS Vista adapts to evolving requirements and growth, making it suitable for businesses of all sizes.
User-Friendly Interface: PDS Vista is known for its intuitive interface, which reduces the learning curve for HR professionals and employees alike. The system's ease of use promotes user adoption and engagement, leading to more efficient HR operations.
Reporting and Analytics: Robust reporting tools provide HR teams with valuable insights into workforce data, enabling data-driven decision-making. From standard reports to ad-hoc queries and dashboards, PDS Vista empowers HR to analyze trends, identify areas for improvement, and measure the impact of HR initiatives.
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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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Clunky Interface: Navigating PDS Vista can feel cumbersome and outdated, often requiring multiple clicks to accomplish simple tasks. The interface appears visually dated, which may deter users accustomed to modern software design.
Reporting Limitations: Generating custom reports or extracting specific data sets can be challenging due to the system's rigid structure. Users often find themselves exporting data to external programs for further analysis, creating an extra step in the workflow.
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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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PDS Vista appears to be most suitable for mid-sized to large companies with complex organizational structures and a high volume of employees. The software's ability to handle intricate HR processes, such as onboarding, benefits administration, and payroll, makes it a valuable tool for organizations with diverse needs. Additionally, PDS Vista's scalability ensures that it can grow alongside a company, accommodating increasing demands as the workforce expands. Smaller businesses with simpler HR requirements might find the software's extensive features to be overwhelming and may prefer a more streamlined solution. One of the key strengths of PDS Vista is its comprehensive suite of features. Users appreciate the software's ability to manage various HR functions, from recruitment and onboarding to performance management and employee development. This all-in-one approach eliminates the need for multiple HR systems, streamlining processes and reducing administrative burdens. For instance, the performance management module allows managers to set goals, track progress, and provide feedback, fostering a culture of continuous improvement. However, some users have noted that the extensive features can lead to a steeper learning curve, requiring dedicated training and support to fully utilize the software's capabilities. When compared to competitors like Workday and SAP SuccessFactors, PDS Vista stands out for its robust reporting and analytics capabilities. Users can generate custom reports to gain insights into workforce trends, identify areas for improvement, and make data-driven decisions. The software's ability to track key HR metrics, such as employee turnover and engagement levels, enables organizations to proactively address potential issues and optimize their HR strategies. While Workday and SAP SuccessFactors also offer reporting features, PDS Vista's user-friendly interface and customizable dashboards make it easier for HR professionals to access and interpret data.

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