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.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Benefitfocus

Benefitfocus

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.

Categories:
benefits-management enrollment hr-platform

Benefitfocus Features

  1. Cloud-based benefits management platform
  2. Benefits enrollment and administration
  3. HRIS and payroll integrations
  4. Employee self-service portal
  5. Benefits shopping and decision support
  6. Carrier connections for enrollment data exchange
  7. Analytics and reporting

Pricing

  • Subscription-Based

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

Workday

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.

Categories:
hr payroll benefits talent-management

Workday Features

  1. Cloud-based HRIS and ERP
  2. Talent management
  3. Financial management
  4. Analytics and reporting
  5. Payroll
  6. Time tracking
  7. Benefits administration
  8. Recruiting
  9. Global HR
  10. Mobile access

Pricing

  • Subscription-Based

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