We all know it's really hard to get good pricing and cost information.
Please share what you can so you can help your peers.
Its price is pretty high. It is more expensive than what is offered by other competitors in the market.
Licensing fees are paid on a yearly basis. The pricing is good from an HR perspective, although management gets upset after spending $500,000 a year, every year. As the cost continues, you get a little pushback from finance. It is not a cheap solution. There is an additional hourly charge for support once you are finished with the credits that are included.
You have the license fee per module, and then you have a kind of annual training fee, which is a kind of add-on. I wouldn't say it is exhaustive; it is minor. Licensing is pretty transparent for most of the part.
Licensing costs are tiered. When you add different modules, it adds to your cost. For example, you can pay for Payroll functionality or you pay for the Benefits module. The more pieces you add, the more you pay. I can't say what a particular company may value or see as a true return on investment. I would say that it is expensive — it is the most expensive one out there. In my opinion, you would get a clear return on investment. Different businesses would account for that in different ways.
I was completely satisfied with the technical support. There are no bugs or performance issues.
Workday is an expensive solution.
With a bigger budget, I would recommend SAP.
Hi community members,
I am about to implement a HR IS to support all my talent management processes, and I don't know how to choose between TalentSoft and Workday?
Any insight about how these two solutions differ?