Payroll by Wave vs. Workday Workforce Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Payroll by Wave
Score 10.0 out of 10
N/A
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
Workday Workforce Management
Score 8.8 out of 10
N/A
Workday Workforce Management is a workforce operations software that integrates HR, time, and scheduling data, to eliminate disjointed processes that halt day-to-day operations. Consistent with a worker-first approach, Workday provides mobile-first access to personalized pay, time, and schedules, giving workers frictionless on-the-go access. This helps overcome difficulties in retaining workers and keeps them engaged in a competitive labor…N/A
Pricing
Payroll by WaveWorkday Workforce Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Payroll by WaveWorkday Workforce Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Payroll by WaveWorkday Workforce Management
Considered Both Products
Payroll by Wave
Chose Payroll by Wave
All the services we researched were quality options however given our size at the time I settled on Payroll by Wave apps based on cost and how easy it was to run payroll.
Chose Payroll by Wave
First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. WAVE is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. WAVE support in comparison …
Chose Payroll by Wave
Similar features, similar pricing. I selected Wave initially because my accounting is integrated with the other Wave software.
Chose Payroll by Wave
I fell Payroll by Wave is more simplified and makes more sense for me as I already use Wave for bookkeeping.
Chose Payroll by Wave
We moved away from Wave as most of our contractors are time-based, and Wave flat out refuses to provide time tracking features. We tried integrations, but the pricing/complexity goes up and reliability goes down when integrating systems which were not intended to communicate. …
Workday Workforce Management
Chose Workday Workforce Management
Workday Payroll and Workforce Management in my opinion does as great job of letting staff know beforehand what they are going to get paid on a weekly or bi-weekly basis. I found that Gusto does not provide that insight. It would be nice though to have a feature in those …
Chose Workday Workforce Management
Gusto and UKG Pro
Chose Workday Workforce Management
Workday is much easier and simpler to use. It's very straightforward and easy to train people on.
Features
Payroll by WaveWorkday Workforce Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Payroll by Wave
9.4
Ratings
13% above category average
Workday Workforce Management
9.3
Ratings
12% above category average
Pay calculation10.00 Ratings9.90 Ratings
Support for external payroll vendors9.00 Ratings8.90 Ratings
Off-cycle/On-Demand payment9.00 Ratings9.80 Ratings
Benefit plan administration9.00 Ratings9.90 Ratings
Direct deposit files9.00 Ratings9.90 Ratings
Salary revision and increment management9.50 Ratings9.90 Ratings
Reimbursement management10.00 Ratings7.00 Ratings
Best Alternatives
Payroll by WaveWorkday Workforce Management
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Payroll by WaveWorkday Workforce Management
Likelihood to Recommend
10.0
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
-
(0 ratings)
Usability
10.0
(0 ratings)
10.0
(0 ratings)
Support Rating
8.9
(0 ratings)
-
(0 ratings)
User Testimonials
Payroll by WaveWorkday Workforce Management
Likelihood to Recommend
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
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Workday is well suited as am employee because it allows me to easily access pay and goal-setting information at a large org. It also made the process of getting hired and initially onboarded simple. I imagine it could be less helpful at a smaller organization where people have more direct access to folks in payroll
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Pros
  • Payroll by Wave processes quickly and deposits to employee accounts automatically
  • Simple process to review time sheets, bonuses, commissions, etc...
  • Provides detailed reports
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  • payroll
  • timecard edits
  • mobile ability
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Cons
  • Payroll is a paid feature at $10 + $4/employee per month. I suppose this is a normal expense, but other payroll systems I've used, such as ones built into online banking, have cost me a fraction of this.
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  • The tasks function is somewhat clunky, and its hard to see who the task is sent to next in order to follow up with them.
  • In-process referrals don't always show up in the "My Referrals" tab
  • Filters on tasks don't always work.
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Usability
Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
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Workday Payroll and Workforce Management hasn't given me any issues. I love that you can customize your profile with icons, the color scheme, and etc. It makes it feel more personable. In addition, you can customize which icons that you use frequently to complete tasks. I would recommend it to anyone who wants a platform that has high usability and versatility.
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Support Rating
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
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No answers on this topic
Alternatives Considered
We moved away from Wave as most of our contractors are time-based, and Wave flat out refuses to provide time tracking features. We tried integrations, but the pricing/complexity goes up and reliability goes down when integrating systems which were not intended to communicate. We since moved to Avaza and sacrificed Payroll for more robust time tracking, project management, and a very open feature development process
Read full review
Workday Payroll and Workforce Management in my opinion does as great job of letting staff know beforehand what they are going to get paid on a weekly or bi-weekly basis. I found that Gusto does not provide that insight. It would be nice though to have a feature in those platforms where you could do a "what if" feature to determine how much you could make if you were single, married, or made a higher salary or lower. This is a feature that I have used in webBASIS, and it was extremely helpful.
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Return on Investment
  • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
  • Easy to use interface saves time and helps ensure I am paid on time.
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  • Faster processes
  • Accuracy
  • Salary for increased personnel
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ScreenShots

Workday Workforce Management Screenshots

Screenshot of Workday Workforce Management ScheduleScreenshot of Workday Workforce Management Schedule (Mobile)Screenshot of Workday Workforce Management Team InsightsScreenshot of Workday Workforce Management Time and Scheduling HubScreenshot of Workday Workforce Management Time (Mobile)