What is HRIS?

1. HRIS (Human Resources Information System) is a software solution designed to store, manage, and process employee data. It’s the foundational technology for HR departments.
2. Focus: Primarily on core administrative tasks and data management.
3. Typical Features:
   1. Payroll
   2. Benefits Administration
   3. Time and Attendance Tracking
   4. Basic Reporting
   5. Employee Self-Service Portal

What is Workday HCM?

1. Workday HCM (Human Capital Management) is a comprehensive cloud-based suite of HR applications. It goes beyond a traditional HRIS, focusing on a more strategic view of the workforce.
2. Focus: Employee experience, talent management, analytics, and strategic decision-making.
3. Typical Features (includes all HRIS functionality plus):
   1. Talent Acquisition (Recruiting)
   2. Performance Management
   3. Learning and Development
   4. Succession Planning
   5. Compensation Management
   6. Advanced Workforce Analytics
   7. Workflow Automation

Workday HCM vs. HRIS: Key Differences

1. Scope:
   1. HRIS: Focuses on streamlining HR administrative processes.
   2. Workday HCM: Offers a holistic approach to managing the entire employee lifecycle with a stronger emphasis on talent development and strategic insights.
2. Features:
   1. HRIS: Core HR functions.
   2. Workday HCM: Expanded range of features to support employee growth and organizational strategic planning.
3. Analytics:
   1. HRIS: Provides basic reporting.
   2. Workday HCM: Robust analytics tools, dashboards, and workforce planning capabilities to gain data-driven insights.
4. User Experience:
   1. HRIS: Can have varying user experiences, some more modern than others.
   2. Workday HCM: Known for its modern, intuitive interface, and emphasis on employee self-service.

When to Choose Which

1. HRIS: Suitable for businesses with a primary need to:
   1. Centralize and organize employee data
   2. Automate essential HR tasks
   3. Ensure compliance
2. Workday HCM: Best for companies looking to:
   1. Invest in a flexible, scalable platform for growth
   2. Support complex HR processes
   3. Align human resources with larger business strategy goals
   4. Foster workforce development
   5. Make data-driven HR decisions