Benefitfocus vs Workday

Struggling to choose between Benefitfocus and Workday? Both products offer unique advantages, making it a tough decision.

Benefitfocus is a Business & Commerce solution with tags like benefits-management, enrollment, hr-platform.

It boasts features such as Cloud-based benefits management platform, Benefits enrollment and administration, HRIS and payroll integrations, Employee self-service portal, Benefits shopping and decision support, Carrier connections for enrollment data exchange, Analytics and reporting and pros including Streamlines benefits enrollment process, Consolidates HR, payroll, benefits in one system, Configurable to support complex benefit plans, Mobile access for employees, Data analytics and insights.

On the other hand, Workday is a Business & Commerce product tagged with hr, payroll, benefits, talent-management.

Its standout features include Cloud-based HRIS and ERP, Talent management, Financial management, Analytics and reporting, Payroll, Time tracking, Benefits administration, Recruiting, Global HR, Mobile access, and it shines with pros like Intuitive user interface, Comprehensive functionality, Configurable workflows, Robust reporting and analytics, High customizability, Integrates with other systems, Strong mobile experience, Regular updates and new features.

Feature	Benefitfocus	Workday
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

Benefitfocus

Description: Benefitfocus is a cloud-based benefits management software that helps employers manage, enroll, and engage employees with benefits. It streamlines benefits enrollment, consolidates HR and benefits in one platform, and provides data insights.

Workday

Description: Workday is a leading enterprise cloud applications provider for finance and human resources. Its software-as-a-service platform offers financial management, human capital management, analytics, and planning capabilities for large organizations.

Key Features Comparison

Benefitfocus Features

• Cloud-based benefits management platform
• Benefits enrollment and administration
• HRIS and payroll integrations
• Employee self-service portal
• Benefits shopping and decision support
• Carrier connections for enrollment data exchange
• Analytics and reporting

Workday Features

• Cloud-based HRIS and ERP
• Talent management
• Financial management
• Analytics and reporting
• Payroll
• Time tracking
• Benefits administration
• Recruiting
• Global HR
• Mobile access

Pros & Cons Analysis

Benefitfocus

Pros

• Streamlines benefits enrollment process
• Consolidates HR, payroll, benefits in one system
• Configurable to support complex benefit plans
• Mobile access for employees
• Data analytics and insights

Cons

• Can be complex and require training
• Implementation takes time and resources
• Must link to insurance carriers for full functionality
• Limited global/international capabilities

Workday

Pros

• Intuitive user interface
• Comprehensive functionality
• Configurable workflows
• Robust reporting and analytics
• High customizability
• Integrates with other systems
• Strong mobile experience
• Regular updates and new features

Cons

• Can be expensive for smaller businesses
• Initial setup and implementation is complex
• Limited integration with some niche HR systems
• Heavy dependence on consultants for configuration
• Not ideal for manufacturing companies

Pricing Comparison

Benefitfocus

• Subscription-Based

Workday

• Subscription-Based