The market for HR software is a vast one, and one of the key players is Oracle PeopleSoft. However, it’s definitely not the only choice. We put together a comparative analysis of the top PeopleSoft competitors, chosen by our research team using a variety of criteria. This will help ensure the most appropriate choice for your HR solution, according to your organizations’ specific requirements.
Compare Top HR Software Leaders
Although PeopleSoft delivers a broad suite of products for supply chain management, financial management, asset management, global transactional management and other capabilities, its HRMS offering will be the focus of this analysis.
Read on to learn about five PeopleSoft alternatives that have a lot to offer and may fit the bill for your company.
For a more in-depth analysis, you can head to our Jumpstart Platform to compare and score products based on your requirements list.
Top 5 Alternatives
SuccessFactors
Suitable for all types of companies, SAP SuccessFactors offers human experience management solutions to allow users to find, train and manage the workforce towards improved productivity while reducing extra costs. It also lets users combine feedback and operational data for better employee experience and an engaged workforce.
The cloud-based solution offers a native app for both Android and iOS. Its major capabilities include employee lifecycle management, organizational management, HR ticketing, payroll processing and more.
Analytics by SuccessFactors on screen.
What Users Like
Our research analysts found the following aspects to be stand out for users:
- They can customize it according to the specific requirements of their business.
- Seamless integration capabilities improve efficiency for different HR functions.
Top Benefits
- Automation: Handle core processes with self-service tools for HR managers and employees. Automated calculation of time and pay according to employee profiles helps managers focus better on more important aspects of their role. The feature also streamlines workflow with global employees benefit management, and provides automated real-time notifications to help keep track of processes.
- Integration: This feature lets you get greater benefit from SuccessFactors by seamlessly integrating it with other solutions by SAP as well as third-party applications with minimal cost, time and risk involved.
- Retention: Enabling improved employee engagement and experience, simplified HR processes like time and attendance, payroll processing and learning management assist managers in attracting, training and retaining employees using modern technology.
- Analytics: Embedded HR service analytics give you insights by analyzing employee interactions and issues, leading to better HR service delivery. The software also ensures thorough compliance by running prebuilt compliance reports for SLAs.
- Workforce Planning: Plan and execute business strategies on time while keeping in mind the risks and opportunities with reference to the workforce after viewing and assessing the manpower. It allows headcount planning, financial modeling and impact analysis to support business plans.
Primary Features
- Document Management: Store docs and files in a central repository, generate tax documents automatically, and handle company policies and the employee handbook. You can secure confidential information with document access control. Other capabilities include document searching, sharing, updating and printing.
- Succession Management: Along with a fully-supported nine-box grid and talent matrix for talent management, it offers succession planning and a talent insights dashboard to track potential successors and employee preferences. You can create a talent pool and evaluate employee performance in a single view.
- Applicant Tracking and Recruitment: Create career pages and a career portal for candidates. Use employee referrals and talent pool search to choose from past and current candidates and build a customized recruitment pipeline. Create, edit and manage interviews according to the interviewer’s availability.
- Compensation Management: Create and structure compensation plans, keeping in mind business plans and strategies, to attract, retain and motivate employees. These plans provide a system that puts an emphasis on rewarding strong performance.
- Learning Management: Employees can access personalized learning paths to enhance skills and improve productivity using SAP SuccessFactors Learning. The feature lets you design different modes of training and courses on different topics, and it also offers insights based on employee learning results.
Limitations
- Doesn’t offer AI embedded capabilities to source activities.
- Doesn’t allow viewing and download of payment slips.
- A submitted goal cannot be edited or deleted.
Platform:
Company Size Suitability: S M L
Oracle HCM Cloud
Oracle HCM Cloud offers a suite of capabilities to simplify human resource procedures like payroll, global HR, talent management, workforce management and more. It unifies finance, supply chain, and customer experience under one cloud.
Leveraging it lets companies provide a consistent experience across devices, and it’s suitable for all sizes of businesses in any industry. Its major capabilities include human resources, benefits management, workforce predictions, project management and more.
A snippet of the Oracle HCM dashboard.
What Users Like
Our research analysts found the following aspects to be stand out for users:
- Data security, privacy and increased transparency are some of Oracle HCM’s strongest suits, according to user reviews.
- Users find it dependable for its easy-to-build dashboards with an interactive interface.
Top Benefits
- Digital Assistant: Access next-step suggestions and recommendations in employee interactions. The assistant helps with onboarding tasks, goals and performance evaluations, as well as provides manager self-service actions.
- LinkedIn Profile Import: Users can directly import information from their LinkedIn profile to access new growth opportunities. It also provides insights to improve internal mobility. You can connect Oracle’s recruiting solutions with LinkedIn Recruiter to improve efficiency.
- HCM Experience Design Studio: This capability allows HR teams to design detailed business processes and workflows by creating customer-defined defaults and validation logic. Conditional default settings for automation of full or part-time status on the basis of work hours are available with minimal technical support.
- AI and Machine Learning: The system’s AI-first approach enables smarter decision-making, offering recommendations for roles, mentors, coursework and additional learning opportunities. It can also predict when an employee is planning to resign, in order to reduce time-to-hire and enhance candidate pipeline quality.
- Oracle Connections: Employees can communicate with team members across the organization in real time. An employee directory provides a consumer-like experience, and you can collect employee feedback. A profile page includes employee skills, successful projects, interests and more for easier tracking.
Primary Features
- Employee Onboarding and Administration: From automated email notifications, web-based forms, background screenings and form I-9 submissions to a job applications dashboard and employee lifecycle tracking, Oracle HCM Cloud supports efficient employee onboarding and administration. It also provides a customizable onboarding checklist and workflow.
- Reporting and Dashboard: Get performance-based insights and attribution predictions using current and historical indicators. With in-context analytics for improved insights, it also adjusts prebuilt attributes for better predictive models and plans. Schedule custom reports based on filters and use charts and visualizations for improved analysis.
- Time and Attendance Management: Ensure accurate payment to employees using tools that let you capture employee work hours and manage shifts, holiday schedules and other company events. It also offers time clock integrations, online clocks, timecards and calendar time entries on mobile devices.
- Learning Management: Enhance employee skills by using Oracle Career Development to see employees’ talents, interests, skills and gaps to plan their development goals and growth. It also allows lifecycle management with an optimized talent pool.
- Employee Self-Service: Along with a fully-supported benefits election and enrollment capability, Oracle HCM Cloud offers pay stubs access. Employees can keep their availability updated, track business expenses through the employee portal and apply for internal job vacancies.
Limitations
- Doesn’t link with Oracle Consulting Services.
- Only mobile responsive features are available on the mobile app.
- Third-party tools like Power BI cannot access cloud data.
Platform:
Company Size Suitability: S M L
Dayforce
Dayforce is a cloud-based solution that offers a robust suite of capabilities for human capital management. It unifies the processes for HR, payroll, benefits, workforce management and talent management.
Suitable for all sizes of businesses in a variety of industries including retail and hospitality, manufacturing, healthcare, financial services and more, Dayforce helps manage the entire employee lifecycle.
Its major capabilities also include analytics, reporting, Dayforce Activate and more.
A visual of payroll management in Dayforce.
What Users Like
Our research analysts found the following aspects to be stand out for users:
- Dayforce provides a user-friendly desktop and mobile app interface.
- User reviews appreciate its organized and glitch-free payroll management capabilities.
Top Benefits
- Mobile Access: Employees can manage time away from work, check leave balances, view adjustments in schedules for them and their team, and more. Information about payments and previews of earnings after each pay are accessible as well.
- Digital Account: Employees can manage their finances, including checking account balances, payment of deposits, and transaction records. The mobile app also offers fund transfers and a payment card to make purchases.
- COBRA Management: Information about qualifying events and notifications is available to COBRA administrators following the coverage. Event dates and reasons for export are auto-populated for convenience.
- Organizational Chart: Users can navigate the organizational hierarchy visually with an interactive chart. It shows company structure and employee ranking, as well as key performance indicators for employees.
- Configuration Wizard: A step-by-step wizard automates data validation and minimizes manual data entry.
Primary Features
- Employee Engagement: Dayforce offers many capabilities ranging from employee feedback analysis, feedback distribution and collection, and engagement surveys to engagement surveys based on predetermined criteria.
- Workforce Management: Align operations and workforce schedules with business goals. It ensures compliance in the various aspects of the workflow including labor planning, scheduling, leave management, task management, and time and attendance, providing operational efficiency, labor cost savings and more.
- Succession Management: This feature supports different aspects of succession from a centralized talent insights dashboard. It offers succession planning, a talent pool, employee evaluation, and a talent matrix and nine-box grid to analyze employee performance and potential growth.
- Reporting and Dashboard: Dayforce HCM allows you to create reports based on insights offered by business intelligence tools to understand the working of the business and enable smarter decision-making. The drag-and-drop capability helps create a tailored report, or you can start with a templated report.
- Compensation Management: Automatic payroll updates, rules-based budget creation, and compensation planning and reporting for analysis are among the capabilities offered. Access a centralized dashboard and provide personalized reward letters to employees.
Limitations
- Doesn’t offer complete backend access to the administrator.
- Doesn’t offer a way to message colleagues.
- Users cannot view pay stubs or access hours worked per week or pay period.
Platform:
Company Size Suitability: S M L
UltiPro
UltiPro is a 360-degree HCM solution that offers features for payroll processing, time and attendance, talent management, benefits management, tax management and more. Catering to medium and large companies from varied industries, UltiPro also provides functionality for daily HR processes like career management, recruitment, onboarding and succession management.
Additional capabilities include performance management, learning management, compensation management and employee file management.
A peek into the Payroll gateway of UltiPro.
What Users Like
Our research analysts found the following aspects to be stand out for users:
- Its user-friendly interface and smooth navigation are stand-out qualities according to users.
- Users commonly note that payroll management is a strength.
Top Benefits
- Business Intelligence: Analyze all aspects of HCM and access actionable data from dashboards and reports in real time. Improve decision-making with actionable data insights about employee experience and productivity.
- Predictive Analytics: Gain insights and forecast potential changes in the workforce by analyzing an employee’s intent to continue or resign within the coming 12 months. The feature uses a mathematically derived algorithm to identify high-performing employees and determine comparative employee engagement.
- AI and Machine Learning: Mainly built on innovations from NLP and machine learning, UltiPro allows you to understand, predict and prescribe personalized actions from all human resource data in the organization. Its main Al capabilities include breaking down text inputs, turning surveys and performance reviews into sentiment, identifying emotions, and highlighting workplace themes in real time.
- Accessibility: With a native mobile app for Android and iOS, UltiPro allows managers and employees to take actions conveniently and securely with built-in encryption and user authentication. The mobile app also allows real-time data synchronization to avoid delays due to lags.
- Integration Hub: UltiPro Connect allows seamless integration with third-party applications and offers additional support from a user community. Users can also explore APIs and collaborate with UltiPro developers and a partner network using the integration hub.
Primary Features
- Benefits Administration: Automate the online enrollment process and enable employees to make updates in real time. Configurations let you match the benefits offered to the employees, and you can set up regulations for coverage and premiums. It automatically calculates employee and employer premiums to ensure accurate deductions from paychecks.
- Payroll: Configure tailor-made payroll models for your organization and keep a check on calculations while remaining compliant with regulations and ordinances. It includes automated recommendations about federal, state and local payroll tax, and also allows consolidated access to payroll data through its Payroll Gateway.
- Employee Engagement: Generate and distribute employee engagement surveys to analyze collective employee sentiment in real time. Employers can analyze employee comments and curate them before sharing.
- Succession Management: Find, track and compare candidates based on varied factors to identify successors for a profile, evaluating talent with business intelligence and reporting capabilities. It also allows managers to access information to make effective decisions for staff development.
- Reporting and Dashboard: A central portal offers all information and tools required to streamline daily HR operations. Employees can access useful information like pay, benefits and performance information, and they can share the information with other teams in the organization.
Limitations
- Doesn’t provide warnings for expiring passwords.
- Doesn’t offer a printable and fully functional organization chart.
- PTO requests don’t go to the appropriate manager.
Platform:
Company Size Suitability: S M L
Workday HCM
Workday HCM offers a variety of cloud-based capabilities like time and absence management, compensation management, learning management, workforce planning and more, to automate and streamline daily HR operations. It allows managers to improve planning and efficiency by focusing better on productivity rather than tedious manual tasks.
It’s leveraged by medium and large companies from a range of industries like financial services, government, healthcare, higher education, hospitality, insurance and more. It grants better visibility into the global workforce and provides a quality user experience. For a more in-depth look, watch our Workday review
A view of the benefits dashboard.
What Users Like
Our research analysts found the following aspects to stand out for users:
- Workday HCM is comprehensive in all its HCM offerings, according to user reviews.
- Users say that ease of use, navigation and an intuitive interface differentiate Workday HCM from its competitors.
Top Benefits
- Audit and Internal Controls: Implement internal controls and ensure proactive auditing and compliance using the expense management dashboard. Built-in security controls guarantee that operating, compliance and reporting objectives are met on time. Another key capability is the aggregation of financial and operational records for audit.
- Expense Management: With mobile receipt scanning, Workday HCM allows you to create approval workflows and configure proactive controls to approve expense reports in real time. Key trends for better corporate travel rates and discounts with vendors are also accessible.
- Machine Learning: With automated suggestions about tasks and actions to curate unique experiences for users, machine learning enables content personalization. It leverages NLP to analyze how users search and request content, which supports a stronger internal knowledge base.
- Talent Marketplace: Employees can access all available gigs, projects and opportunities within the organization. The marketplace provides them with a chance to enhance their profile and skills. Employers can provide feedback and skill endorsements.
- Accessibility: With native mobile apps for both Android and iOS, Workday HCM is accessible on the go via the Okta app or the website. Managers can access dashboard reports and approve tasks on the fly while employees can use it to update personal information, view detailed pay stubs, request time off and more.
Primary Features
- Employee Onboarding and Administration: Screen candidates and access the results seamlessly. Automate email updates to help candidates track their job applications. Recruiters can use a dashboard to keep track of total job applications. Other notable features include an onboarding checklist and workflow, form I-9 submission, organization chart, offer letter creation and more.
- Employee Self-Service: Employees can self-enroll for benefits, track business expense requests, apply for leaves and access pay stubs. They can also record their personal information and apply for internal vacancies without hassle.
- Reporting and Dashboard: Pre-built dashboard and custom dashboards are available. Similarly, customize reports or use templates. You can also schedule and export reports in a chosen format. Custom filters, charts and visualizations facilitate efficient reporting and analysis.
- Compensation Management: The compensation dashboard lets you review information like actual payroll data, including earnings, deductions and pay components. Employees can view rewards, compensation and benefits. Another key capability of the tool is auto-populated compensation surveys.
- Time and Absence Management: Employees can conveniently check in or out using any mobile device or web browser. A labor dashboard lets you analyze global labor and overtime costs. You can also track, manage and analyze absence across various absence types, even international policies.
Limitations
- Lacks the reminder function.
- Tedious to undo a duplicate candidate.
- Lacks intuitiveness and needs a better GUI.
Platform:
Company Size Suitability: S M L
Software Selection
When searching for a human resources system, it’s important to make a distinction between standard features and standout features. Try to focus on unique processes, rather than components that are likely to be met by every mainstream software vendor. Scalability is another big issue, as most enterprises are only a few big decisions away from global functionality.
It’s useful to consider software in terms of whether it can sustain fast-paced growth, because HR systems should be scalable to future corporate changes. Similarly, as the workforce grows more diverse and dispersed, it’s important to consider investing in modern perks, such as mobile access and software that delivers the type of consumer experiences people have become accustomed to. These may not feel essential now, but they can play a large role in boosting productivity, engaging employees, boosting satisfaction and retaining top talent.
Finally, you need to assemble the right resources if you want the software integration to go smoothly. It’s common to include shareholders in major decisions like this. After all, the impact of your HR software won’t stop at the human resources department. It will affect supply chain management, financing, customer relationships and risk mitigation, among other disciplines.
Conclusion
All competitors have similar upsides, and features, but there are some key differentiators and quirks of each individual software to keep in mind before committing to one or the other. Simple navigation, smooth implementation, an intuitive user interface, data security or a comprehensive payroll suite are some of the user-reviewed qualities to consider while making your pick.
Whether it’s easy automation, seamless integration, boosted retention, advanced analytics or in-depth workforce integration, there are lots of alternatives to PeopleSoft to be found and explored. With that in mind, it’s important to be 100% sure of what you’re getting before you spend your company’s hard-earned money.
Different software brings different attributes to the table. In the end, it’s about your specific requirements and which software best caters to them. To dive deeper, check our free HR price guide for the cost breakdown of all these products and more. This will give you a full view of your options before making a decision.
Which of these PeopleSoft alternatives do you think will work best for your business? Which ones seem least promising? Let us know in the comments.
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