Human resources (HR) platforms that leverage the power of artificial intelligence (AI) are rapidly growing in demand, owing to AI’s agility and efficiency. Studies show that 67% of recruiters believe that AI positively impacts the hiring process, while 47% of businesses are investing in AI-driven technology. Similarly, UltiPro and Workday are two such HR software that use AI to simplify and streamline administrative tasks.

This UltiPro Vs Workday blog delves into how these AI-powered HR platforms simplify hiring and workforce management, helping businesses stay ahead of the curve! 

UltiPro Vs Workday – A Brief Summary

Feature 

UltiPro

Workday 

HR Management 

  • Centralizes essential information
  • Manages and monitors global workforce data 
  • Ensures law compliance 
  • Helps manage global employees 

Payroll Processing 

  • Seamless integration with finance
  • Supports global payroll management 
  • Simplifies payroll management 
  • Supports unlimited payroll runs 

Talent Management 

  • Ensures transparent communication
  • Assists in employees' learning and development 
  • Comprehensive talent management
  • Continuous feedback for improved work efficiency 

Employee Experience 

  • Helps foster positive work culture
  • Measures employee engagement and satisfaction 
  • Supports employees upskilling 
  • Helps monitor key metrics and employees' progress 

Analytics And Reporting 

  • Provides real-time insights into data trends
  • Assesses employees' retention rate 
  • Offers 175+ configurable dashboards
  • 5,000+ pre-built reports 

What Is UltiPro?

UltiPro, now known as UKG, offers two cloud-based, comprehensive HR suites, UKG Software and UKG PRO. The software utilizes the power of artificial intelligence (AI) to assist companies in managing administrative tasks and increasing efficiency. It serves businesses of all sizes, across a wide range of industries, including retail, healthcare, manufacturing, finance, hospitality, etc. From sourcing top talent to onboarding and annual performance reviews, UltiPro supports all these functionalities and more. 

Unique Features Of UltiPro 

  • Time And Attendance: The software enables employees to clock in and out through an advanced ‘InTouch DX™’ time clock. It accurately monitors workforce’s time and attendance data, thereby helping employers to effectively manage payroll 
  • Automated Approvals: Businesses can utilize UltiPro’s automated approvals to manage and accept timecards and time-off requests. This saves them from manually approving requests and saves time 
  • Scheduling: UltiPro helps companies create dynamic schedules that align with staff availability. Employers can gain real-time insights into these schedules and ensure that rightly qualified employees are present for critical tasks 
  • Compliance: The platform simplifies tax filing, ensuring compliance with employment and tax laws and regulations. Businesses can also stay informed with international employee data protection policies across 40+ countries

Pros And Cons Of UltiPro 

Pros 

  • Efficient documents organization and filing that makes data access easier and saves time
  • Easily configurable features that help tailor rules, fields, and settings based on the company’s criteria
  • Extensive payroll management that enables accurate and timely payroll processing

Cons 

  • The system can glitch at times and requires users to re-enter username and password 
  • The mobile application allows limited access to data

What Is Workday?

Workday is a cloud-based software that connects HR, finance, and information technology (IT) in a single platform. By offering a centralized approach to various administrative tasks, it helps businesses enhance work efficiency, save time, and reduce potential errors. The software leverages the power of AI to streamline data analysis and simplify all managerial tasks, making them more intuitive. 

Unique Features Of Workday 

  • Spend Management: Workday helps businesses manage inventory, expenses, and other finances with its intuitive, AI-powered spend management tool. Employers can manage procurement approvals and spending budgets while accurately tracking all expenses
  • Financial Planning: The software leverages the power of AI and supports seamless forecasting, budgeting, and planning. Companies can take strategic initiatives and mitigate risks while staying compliant
  • Operational Planning: Workday unifies data management and allows administrators to make data-driven, insightful decisions. Teams across departments, such as finance, IT, sales, etc., can collaborate and take aligned actions to boost business growth
  • Close And Consolidation: The platform enables finance teams to streamline their project closing processes and finalize the reports. It automates the collection of financial data from various teams, thereby reducing manual effort

Pros And Cons Of Workday 

Pros 

  • Efficient time and attendance feature that streamlines the management of employees’ billable hours, paid time off (PTO), and leave requests 
  • A centralized HCM platform that unifies hiring, onboarding, performance management, goal setting, etc., in a single system 
  • Comprehensive financial management that can be managed through a single platform

Cons: 

  • The system can lag sometimes, making the login process time-consuming 
  • The licensing cost can be a bit expensive for some businesses

UltiPro Vs Workday – Key Functionalities Comparison

Human Resources Management (HCM)

UltiPro centralizes all information and automates various HR tasks, thereby allowing companies to save time and focus on other strategic initiatives. Employers can focus on their workforce’s professional growth and increase engagement. Moreover, UKG Pro helps administrators efficiently manage a global workforce and displays their demographic details for better analysis.

Workday offers an extensive human resource management functionality that adapts to changing business requirements. It helps employers manage the global workforce while staying compliant with regulations. Workday supports employee upskilling, personalized learning experiences, and company policy changes.

Powered by AI, ‘Workday Illuminate’ delivers valuable insights and helps companies upskill their workforce.

Winner: Workday is the winner of this round because it offers an extensive analytical tool and delivers customized learning experiences.

Payroll Processing

UltiPro seamlessly integrates with time and attendance tools, and finance applications to eliminate manual data entry and ensure accurate payroll processing. Its automated regulatory updates enable companies to remain compliant with tax laws and regulations.

Additionally, UKG provides mobile and self-service tools that allow employees to access and view their payroll information easily. It also supports global payroll management, allowing employers to effectively manage global employees.

Workday simplifies payroll management by offering real-time insights into payroll data. Administrators can view general ledger (GL) details at any time, run audits, and stay up-to-date with financial information. The software allows unlimited payroll runs, and its built-in reporting tool helps employers analyze data and make informed decisions.

Moreover, Workday syncs payroll with HR transactions, such as recruitment, onboarding, making and implementing policies, etc., and streamlines administrative tasks while reducing errors.

Winner: UltiPro is the winner of this round for enabling the workforce to view their payroll data and integrating it with HR and financial management.

Talent Management

UltiPro offers customizable, on-demand learning content and enables employers to upskill their employees. From hiring and onboarding talented candidates to increasing engagement and conducting annual reviews, UKG Pro covers the entire employee lifecycle. Businesses can analyze growth opportunities and encourage employees to enroll in different training programs.

Additionally, its collaboration tools ensure transparent communication between learners and administrators.

Workday streamlines end-to-end talent management and assists companies in acquiring, hiring, and onboarding the right talent. Employers can foster growth by providing customized learning content based on job role and department’s needs. Additionally, businesses can gauge the workforce’s progress by adding multiple-choice questions in training content.

The software enables employers to support employees' career development through continuous feedback and recognition of their efficient performance.

Winner: It is a close tie as both platforms offer efficient employee growth opportunities and ensure career development.

Employee Experience

UltiPro helps businesses foster a positive work culture for their workforce and enhance employee engagement and satisfaction. By offering self-service tools, it empowers employees to view, manage, and update their data. Additionally, through UltiPro’s advanced feedback tools, employers can gain valuable insights into employees' satisfaction with company policies, leadership, etc.

Workday enables companies to create an engaging work environment that promotes employee upskilling and professional growth. The software offers detailed insights into employee performance that help employers gauge the efficiency of different employee engagement programs. By delivering tailored experiences, Workday helps employers support their workforce.

Additionally, the platform empowers businesses to monitor key metrics such as employee engagement, productivity, retention rates, and overall well-being.

Winner: Workday wins this round for offering opportunities for employees’ growth and career development.

Analytics And Reporting

UltiPro streamlines data collection and provides real-time insights into data trends. Employers can create personalized reports and make informed decisions that facilitate organizational growth. The software also enables administrators to assess employee retention rates, analyze their policies, and make relevant changes to make them more impactful.

Workday offers discovery boards that help companies build ad-hoc data visualizations for effective data analysis. It utilizes the power of AI and machine learning (ML) to provide accurate key insights into changing data trends. Additionally, its reporting feature is scalable and efficiently supports growing data analytics.

In addition to 175+ configurable dashboards, Workday also provides 5,000+ pre-built reports that employers can customize to make dynamic analytical decisions.

Winner: Workday emerges victorious this time for providing pre-built, customizable dashboards and pre-built reports that save employers’ time and ensure accuracy.

Bottom Line

As both software utilize the power of AI and offer advanced HR services, you should select the one that perfectly aligns with your company’s requirements. For instance, UltiPro is well-suited for businesses of all sizes, particularly those managing a global workforce and prioritizing employee management. However, for companies that need comprehensive financial and HR management solutions, Workday can serve them the best.