WORKDAY VS. TRADITIONAL ERP SYSTEMS

	WORKDAY	TRADITIONAL ERP
SIMPLICITY	·     Shorter implementation cycles ·     No customizations ·     Application and infrastructure supported by vendor	·     Longer implementation cycles ·     Customization to support ·     Customer responsible for application and infrastructure support
FLEXIBILITY	·    Highly configurable ·    New updates must be accepted, all clients on newest version	·    Customizable ·    Control of upgrade timing and cycles
CONTROL	·    Less control over software ·    Can be difficult to fit business needs if functionality is not available	·    More control over software ·    Unique Business needs can be met through customizations (effort required)
ACCESSIBILITY	·    Accessibility from the ‘cloud’ ·    Available any time and any place with internet connection ·    Dependant on internet connectivity	·    Accessible from computers with access to company networks
COST	·     Lowerimplementation costs ·    Lower long term Total cost   of ownership	·    Higher implementation costs ·    Higher long term Total cost of ownership
UPDATES	·    Quick to benefit from new functionality ·    3 upgrades per year included in subscription fee	·    Upgrades are every few years ·    Costly and high level of effort to upgrade