Netchex vs. Workday Human Capital Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Netchex
Score 8.8 out of 10
N/A
Netchex is a HR, payroll, and tax administration software platform with solutions dedicated to recruitment, hiring, and onboarding as well as payroll, tax compliance, HR, time/attendance, benefits management, and analytics for these areas.N/A
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
NetchexWorkday Human Capital Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetchexWorkday HCM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
NetchexWorkday Human Capital Management
Features
NetchexWorkday Human Capital Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Netchex
9.4
Ratings
13% above category average
Workday Human Capital Management
9.0
Ratings
12% above category average
Pay calculation9.60 Ratings8.50 Ratings
Support for external payroll vendors8.60 Ratings8.80 Ratings
Off-cycle/On-Demand payment9.70 Ratings9.80 Ratings
Benefit plan administration9.80 Ratings8.50 Ratings
Direct deposit files10.00 Ratings8.80 Ratings
Salary revision and increment management9.90 Ratings9.20 Ratings
Reimbursement management8.10 Ratings9.20 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.6
Ratings
9% above category average
Employee demographic data00 Ratings8.40 Ratings
Employment history00 Ratings8.80 Ratings
Job profiles and administration00 Ratings8.60 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings9.20 Ratings
Organizational charting00 Ratings9.30 Ratings
Organization and location management00 Ratings9.00 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings6.70 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.6
Ratings
7% above category average
Approval workflow00 Ratings8.50 Ratings
Balance details00 Ratings8.40 Ratings
Annual carry-forward and encashment00 Ratings8.90 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.4
Ratings
4% above category average
View and generate pay and benefit information00 Ratings8.90 Ratings
Update personal information00 Ratings8.70 Ratings
View company policy documentation00 Ratings7.60 Ratings
Employee recognition00 Ratings8.10 Ratings
View job history00 Ratings8.80 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.4
Ratings
4% above category average
Tracking of all physical assets00 Ratings8.40 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.5
Ratings
13% above category average
Report builder00 Ratings8.90 Ratings
Pre-built reports00 Ratings8.60 Ratings
Ability to combine HR data with external data00 Ratings7.90 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.6
Ratings
9% above category average
New hire portal00 Ratings8.40 Ratings
Manager tracking tools00 Ratings8.80 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.5
Ratings
7% above category average
Corporate goal setting00 Ratings8.70 Ratings
Individual goal setting00 Ratings8.70 Ratings
Line-of sight-visibility00 Ratings7.90 Ratings
Performance tracking00 Ratings8.60 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.9
Ratings
13% above category average
Performance plans00 Ratings9.00 Ratings
Performance improvement plans00 Ratings8.90 Ratings
Review status tracking00 Ratings8.70 Ratings
Review reminders00 Ratings9.00 Ratings
Multiple review frequency00 Ratings8.90 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
7.9
Ratings
1% above category average
Create succession plans/pools00 Ratings9.30 Ratings
Candidate ranking00 Ratings7.70 Ratings
Candidate search00 Ratings7.90 Ratings
Candidate development00 Ratings6.80 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Netchex
-
Ratings
Workday Human Capital Management
8.3
Ratings
7% above category average
Job Requisition Management00 Ratings8.00 Ratings
Company Website Posting00 Ratings8.30 Ratings
Publish to Social Media00 Ratings8.70 Ratings
Job Search Site Posting00 Ratings8.40 Ratings
Duplicate Candidate Prevention00 Ratings7.80 Ratings
Applicant Tracking00 Ratings8.20 Ratings
Notifications and Alerts00 Ratings8.40 Ratings
Best Alternatives
NetchexWorkday Human Capital Management
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
PeopleStrong
PeopleStrong
Score 9.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NetchexWorkday Human Capital Management
Likelihood to Recommend
9.0
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
9.9
(0 ratings)
9.0
(0 ratings)
Usability
9.9
(0 ratings)
7.0
(0 ratings)
Availability
-
(0 ratings)
6.6
(0 ratings)
Performance
-
(0 ratings)
7.3
(0 ratings)
Support Rating
9.9
(0 ratings)
8.0
(0 ratings)
In-Person Training
-
(0 ratings)
9.6
(0 ratings)
Online Training
-
(0 ratings)
7.0
(0 ratings)
Implementation Rating
8.2
(0 ratings)
8.0
(0 ratings)
Configurability
-
(0 ratings)
7.5
(0 ratings)
Ease of integration
-
(0 ratings)
8.2
(0 ratings)
Product Scalability
-
(0 ratings)
7.3
(0 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
5.0
(0 ratings)
User Testimonials
NetchexWorkday Human Capital Management
Likelihood to Recommend
I LOVE THE EASE OF THE TIMECLOCK AND PULLING INTO PAYROLL. PREVIOUSLY I HAD TIME CLOCK ON MY DMS AND PAYROLL THROUGH PAYCHEX. IT DIDNT INTEGRATE SO I HAD TO KEY IN EVERY SINGLE TIMESHEET....THIS IS SO MUCH EASIER. ONLY THING I DONT LIKE IS ONCE YOU START PAYROLL IF SOMEONE TIME HAS TO BE FIXED YOU HAVE TO DELETE AND START OVER. THE ONLY PROBLEM I HAVE HAD WHICH IS NOT A BIG PROBLEM.
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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.
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Pros
  • My Netchex Service Team is very responsive and friendly. They are willing and able to spend the amount of time needed on one call to troubleshoot most problems or answer questions.
  • Their recent updates to the employee dashboard have been well-received by our seasonal team. Employees are able to quickly find what they are looking for which has minimized the amount of requests that my team receives regarding questions on pay or updating personal information.
  • Online W-2 forms have been a game-changer for us since moving to Netchex. Our staff tend to move around a lot and most do not get the mailed copy of their W-2. The electronic consent has saved me hours and hours of time.
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  • Since it is cloud based, it does not have version control issues (e.g. get 10 years behind on versions that are no longer supported), or the need for constant upgrades. This is completed behind the scenes.
  • The flexibility of Workday HCM implementation and then taking it to day to day operations was superior. You can then blow and out and start using other system cababilities when ready.
  • To enter the system, we must use multi-factor authentication for additional security of employee data. A user downloads their reports and then they are shown in their archive of work transactions and history.
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Cons
  • Support needs to be available more times than just normal business hours.
  • Tax support is basically non-existent. This seems that it should be TOP NOTCH.
  • Some of the functionality of the Netchex program could be tweaked. It is not a keyboard friendly program at all. Must mouse your way through. When the program times out, it takes 2 to 3 screens before it really logs you out.
  • When submitting from Netchex to Dealertrack, it would be nice to show the payroll # or payroll date that has been submitted. Currently once you hit submit, the screen reverts back to the last successful payroll submit. This process is just a bit confusing, especially for new users.
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  • The web interface is awful
  • Terrible, terrible, UI. No modern features like auto-save. I can't count the times I have lost work.
  • Their UX team (if it even exists) must be aliens, because I can't see how humans would have come up with the UI conventions they have.
  • Who creates a website application where you can't open stuff in multiple browser windows and tabs easily?
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Likelihood to Renew
Easy to work with.
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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
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Usability
Very user friendly and great interface.
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Overall this is a highly useable product. It does require continual use to stay current on changes in the User Interface and functionality, but as noted earlier, this is a reasonable trade-off for the rapid rate of improvement. It is very user friendly and the templated business processes prevents the system from becoming overly complicated
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Reliability and Availability
No answers on this topic
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.
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Performance
No answers on this topic
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
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Support Rating
The first line CE team is phenomenal. They are helpful, friendly, and knowledgeable. We have had less luck with the responsiveness of the tax department. However, their response time has improved drastically over the past year.
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Support is provided by OneSource, the reseller. They really have no expertise and their level of technical expertise is poor. When we went to our training, the room was filled with OneSource people going through the same training. We finished training in 1 day, they took 4 days. They are hardly experts. Workday has come out with two more releases since then and Onesource have doubled in size in the last year – so it’s hard to see how they can keep up.

There is an online community/portal that is pretty good. There is however no easy answer to “guided completion”
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In-Person Training
No answers on this topic
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
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Online Training
No answers on this topic
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
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Implementation Rating
Implementation took some time but was pretty much error free.
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We had a small team - 5 of us total. It would have been nice to have a little larger team, but we made it work. Definitely helped that for our first payroll our 3rd party partner OSV was onsight. This minimized issues.
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Alternatives Considered
Netchex is much more user-friendly and much more of a robust payroll system. Netchex also takes care of everything regarding employees and their entire time with the company, but GP is much more limited.
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The workday human capital management stacks up against ADP due to the overall different features that we have got in a single platform. With Workday HCM, we do not have to select multiple vendors or tools to manage employees, salary details, career progress, etc. Also, the workday human capital management is very easy to use in all the different use cases that I mentioned above.
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Scalability
No answers on this topic
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
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Return on Investment
  • Associates can easily access their data and make changes to things like their address and direct deposit, saving manager time to focus on more critical tasks within the organization
  • NetRecruitier has one site that can be posted to multiple job boards with one applicant tracking system
  • Electronic Onboarding allows us to get information out to the new employee so we can start with expectations on their first day and they know what to expect.
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  • To get the most value out of all possible automation in Workday you really need to use a lot of their modules, otherwise you may not be able to solve for some pretty important and necessary needs.
  • The system maintenance is way more than what I have seen with some other systems and therefore you need a quite large team dedicated to it.
  • The ability to automate a lot of administrative tasks and the ability for employee and manager self-service definitely create a lot of opportunity for HR to spent time and effort elsewhere. A lot of the automation that can be leveraged in Workday also allows for eliminating third party vendors as well as the cost of their maintenance and integrations.
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ScreenShots

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