Home > HR Management Software > ADP Workforce Now > ADP Workforce Now vs Shareworks

ADP Workforce Now vs Shareworks

Last Updated: November 18th, 2024

Our analysts compared ADP Workforce Now vs Shareworks based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

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Product Basics

ADP Workforce Now is a cloud and on-premise platform for businesses seeking a one-stop shop for everything HR, including remote, in-office or hybrid teams. It operates as a professional employer organization (PEO), offering tools to tackle complex and time-consuming HR tasks.

It includes payroll management, time and attendance, talent management and benefits administration. Tools like payroll automation, data syncing and error detection help HR managers overcome common challenges like payroll inaccuracies and time-consuming manual processing.

It's ideal for teams that want to boost efficiency and save time on core HR tasks while navigating compliance regulations. Its key features include applicant tracking and recruiting, compensation management, document management, employee onboarding, employee self-service and payroll management.

It’s embedded with protective layers such as physical security, intelligent detection, fraud defense and other mechanisms for enhanced security and data privacy.

According to recent user reviews, users generally find it intuitive and reasonably easy to navigate. In contrast, some users report long customer support wait times.

Monthly pricing starts at $110. Pricing also depends on features, modules or packages selected, such as bundling payroll and HR. A free trial is also available.

Pros

Custom reporting
Easy clocking in and out
Detailed, accessible paystubs

Cons

Customer support variations
Learning curve during implementation
Occasional slowness

Shareworks is a comprehensive software solution designed to streamline HR management tasks, particularly focusing on equity plan administration. It is most suited for companies of all sizes that need to manage employee stock options, restricted stock units, and other equity compensation plans efficiently. The platform offers robust features such as real-time reporting, compliance tracking, and seamless integration with payroll systems, making it a valuable tool for HR departments. One of the key benefits of Shareworks is its ability to simplify complex equity management processes, reducing administrative burden and ensuring accuracy. Users appreciate the intuitive interface and the detailed analytics that provide insights into employee engagement and plan performance. Compared to similar products, Shareworks is often praised for its user-friendly design and comprehensive support services. Pricing for Shareworks varies based on the size of the company and the specific features required, typically involving a subscription model with annual payments. This flexibility allows businesses to scale their usage according to their needs, making it a cost-effective solution for managing equity compensation.

$110 Monthly

Free Trial is available →

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Tailored to your specific needs

$3/User, Monthly

Free Trial is available →

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Tailored to your specific needs

Small

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Large

Small

Medium

Large

Windows

Mac

Linux

Android

Chromebook

Windows

Mac

Linux

Android

Chromebook

Cloud

On-Premise

Mobile

Cloud

On-Premise

Mobile

Product Assistance

Documentation

In Person

Live Online

Videos

Webinars

Documentation

In Person

Live Online

Videos

Webinars

Phone

Chat

FAQ

Forum

Knowledge Base

24/7 Live Support

Phone

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Knowledge Base

24/7 Live Support

Product Insights

Streamline Processes: Automate critical processes like onboarding, record-keeping and employee status changes. Track and report about certifications, licenses and compliance data.
Improve Employee Experience: Empower employees with access to their pay, benefits and time information. Employees can also request time off, view work schedules and download pay statements without HR/admin intervention.
View Real-Time Insights: View key metrics like labor costs, overtime, actual vs. scheduled hours, turnover rate and other KPIs using data analysis tools.
Integrate Seamlessly: Integrate with different systems like Workday, Litmos, ZipRecruiter, TSheets, QuickBooks, Slack, Microsoft Teams and more.
Manage Information Anywhere: Get 24/7 mobile access to time and attendance features, benefits data, and pay details with an app for iOS and Android platforms.
Enhance Data Security: ADP's security training and awareness program includes annual interactive training covering key topics and policies like phishing, malware and incident response. There are classroom sessions, webinars and visual aids.
Ensure Compliance: With built-in safeguards like error detection and data syncing, the platform aids compliance with labor laws and regulations.

Streamlined Equity Management: Simplifies the administration of equity plans, reducing manual errors and saving time for HR teams.
Enhanced Employee Engagement: Provides employees with easy access to their equity information, fostering a sense of ownership and motivation.
Regulatory Compliance: Ensures adherence to global regulatory requirements, minimizing the risk of non-compliance and associated penalties.
Data-Driven Insights: Offers robust reporting and analytics tools, enabling data-driven decision-making and strategic planning.
Scalability: Adapts to the needs of growing companies, supporting a wide range of equity plans and participant numbers.
Cost Efficiency: Reduces administrative costs by automating complex processes and minimizing the need for manual intervention.
Improved Accuracy: Ensures precise tracking and management of equity grants, vesting schedules, and transactions.
Global Reach: Supports multinational organizations with features tailored to different countries' tax and legal requirements.
Employee Self-Service: Empowers employees to manage their equity plans through a user-friendly portal, reducing HR workload.
Integration Capabilities: Seamlessly integrates with other HR and financial systems, ensuring data consistency and reducing duplication of efforts.
Audit Readiness: Maintains detailed records and audit trails, facilitating easier and more efficient audits.
Customizable Solutions: Offers flexible configurations to meet the unique needs of different organizations and equity plans.
Real-Time Updates: Provides real-time updates on equity transactions and valuations, ensuring stakeholders have the most current information.
Security and Privacy: Employs advanced security measures to protect sensitive employee and company data.
Employee Education: Includes resources and tools to help employees understand their equity plans and make informed decisions.

Payroll: Access employee pay data on a dashboard. Automate deductions for benefits and other compensation.
- Manage tax filings and access historical pay summaries.
- Prorate pay during a cycle or apply it to previous runs.
- Identify payroll errors via warning notifications.
Time & Attendance: Offers tracking and scheduling capabilities with digital time clocking, visual schedules and clocks with finger scan functionality.
- Facilitate absence management with absence analysis, leave tracking and more.
- Secured Time Tracking: Reduce time theft (like buddy punching) with finger scanning, facial recognition and geofencing.
- Time Tracking Options: Employees can clock in and out using their mobile device, kiosk app, web timesheet, tablet or smart time clock. The time kiosk application enables pin codes or facial recognition for an added layer of security.
- Scheduling: Assign shifts and let employees swap as needed, reducing productivity bottlenecks. Configure scheduling work rules like max hours/days.
- Scheduling by Skill: Ensure efficiency by matching specific employees to jobs based on their skills, licenses and certifications. Use skills-based scheduling to assign employees with the required language and training provisions.
- Dashboards: View absences, schedules, hours worked and overtime. See timecard statuses to help wrap up time details without delaying payroll.
- Time and Attendance Compliance: ADP’s compliance on-demand option gives clients access to a team of consultants for guidance on key practices. Access a content library with info on federal, state and local laws, and regulations.
Talent Management:
- Recruiting and Hiring: Automatically create job descriptions and job postings. Offers screening, compliance mandates by location, hiring-practice guidance, credential verification and background check tools.
- Management and Growth: View employee performance, deliver learning programs and offer leadership skill improvement tools. Reduce talent gaps and plan ahead with succession management.
Benefits Administration:
- With ADP AE Snapshot™, managers can access employee metrics on enrollment preferences and decisions.
- Access ranks of different plans, compare options, calculate and evaluate various scenarios, and configure plan selections with PlanFit.
- Enroll and manage benefits through the mobile app.
- Use eligibility, enrollment activity and plan summary reports.
ADP® DataCloud: Reference reliable industry data and compare company trends and data to information from similar organizations. Predict turnover and discover contributing factors using big data through Turnover Probability Explorer.
ADP® StandOut: Personalize digital coaching content and use 15-minute strength assessments. Offers:
- Real-time team engagement, custom and performance pulse surveys.
- Light-touch check-ins with employees.
- Coaching intelligence and insights.
Learning Management: Allow employees to self-enroll for courses. Custom build or upload training content. Provides:
- 41 pre-packaged compliance and development courses.
- Course tracking dashboards.
- Publishing and tracking of instructor-led training.
- Online demos
HR Assist: Features include:
- Federal and state compliance reporting, along with regulatory expertise and guidance.
- Job description templates and wizards.
- Employee handbook assistance.
- HR doc library and toolkits with guides, forms, documents and policies.
- ADP TotalSource®: Offers support for benefits, payroll, hiring and compliance across all 50 states. Has features like full-time recruiters, applicant tracking, ZipRecruiter integration, mobile-friendly career sites, background checks and onboarding.
Workforce Management: Effectively plan projects and assign tasks, even on the go. Managers can remotely view time off, hours worked and timecards. There’s also overtime and absence analytics and reporting for helpful insights.
Digital Record Keeping: Store confidential company data securely in the cloud. Upload data in batches to save time. Search and audit information.
Onboarding: Facilitate a fully integrated onboarding experience for new hires. Capabilities include:
- Digital onboarding
- Digital I-9 processing.
- Identification of employee payment preferences.
- Onboarding completion reminders.

Equity Plan Management: Comprehensive tools for managing various types of equity plans, including stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs).
Global Compliance: Ensures adherence to local regulations and tax laws across multiple jurisdictions, reducing the risk of non-compliance.
Participant Portal: A user-friendly interface for employees to view and manage their equity holdings, exercise options, and track vesting schedules.
Real-Time Reporting: Advanced reporting capabilities that provide real-time insights into equity plan performance, participant activity, and financial impact.
Automated Workflows: Streamlines administrative tasks with automated processes for grant issuance, vesting, and option exercises.
Integration Capabilities: Seamlessly integrates with HRIS, payroll, and financial systems to ensure data consistency and accuracy.
Customizable Dashboards: Personalized dashboards that allow administrators to monitor key metrics and access critical data at a glance.
Mobile Access: Mobile-friendly platform enabling participants to manage their equity plans on-the-go via smartphones and tablets.
Tax Optimization Tools: Features that help participants and administrators optimize tax outcomes related to equity transactions.
Audit Trails: Detailed audit logs that track all changes and transactions, ensuring transparency and accountability.
Employee Education Resources: Comprehensive educational materials and tools to help employees understand their equity compensation and make informed decisions.
Data Security: Robust security measures, including encryption and multi-factor authentication, to protect sensitive information.
Scalability: Designed to accommodate the needs of companies of all sizes, from startups to large enterprises.
Support Services: Access to dedicated support teams and resources to assist with implementation, troubleshooting, and ongoing management.

Product Ranking

#11

among all
HR Management Software

#121

among all
HR Management Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

ADP Workforce Now

Shareworks

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73%

18%

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75%

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86%

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73%

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83%

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User Sentiment Summary

85%

of users recommend this product

ADP Workforce Now has a 'great' User Satisfaction Rating of 85% when considering 10989 user reviews from 5 recognized software review sites.

74%

of users recommend this product

Shareworks has a 'good' User Satisfaction Rating of 74% when considering 14 user reviews from 1 recognized software review sites.

5.0 (19)

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4.1 (3109)

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3.71 (14)

4.4 (5734)

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4.4 (358)

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4.0 (1769)

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Awards

Synopsis of User Ratings and Reviews

Users generally have positive feedback about ADP's time tracking, highlighting its ease of use for clocking in and out, viewing time cards, and requesting time off.

Users highlight quick access to paystubs from current and past jobs. They appreciate having all paystub information in one place and find it easy to download. There are also detailed breakdowns of earnings and deductions.

60% of users appreciate reporting capabilities, particularly the custom reports feature, finding it helpful for generating tailored insights.

64% of users find the system intuitive and user-friendly, praising easy navigation and accessibility of features.

Easy to Use: Users consistently praise Shareworks for its intuitive interface, making it easy to navigate and manage employee equity plans, even for those with limited experience.

Streamlined Administration: Shareworks simplifies the administration of equity plans, automating tasks like grant issuance, vesting calculations, and reporting, freeing up HR teams to focus on other priorities.

Comprehensive Reporting: The platform provides detailed reports on equity plan activity, allowing HR to track key metrics, analyze trends, and make informed decisions about compensation and equity strategies.

Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Shareworks' customer support team, providing timely assistance and resolving issues efficiently.

While some users appreciate backend support, such as assistance with 401k information, 73% of users express frustration with customer service, citing long wait times.

47% of users experienced a learning curve with features during implementation. Some users mention poor implementation support, leading to a confusing onboarding experience for employees.

40% of users express reports have room for improvement, noting the reporting functionality can be complex and not intuitive enough, with limitations in filter prompts.

36% of users note difficulties with integration between features and occasional slowness and feel that certain aspects are scattered.

Limited Reporting Options: Some users have found the reporting features to be limited, making it difficult to track key metrics like employee engagement or performance.

Steep Learning Curve: The platform can be complex to navigate, especially for new users, requiring significant time investment to master its functionalities.

Lack of Customization: Users have expressed frustration with the limited customization options, making it challenging to tailor the platform to their specific HR needs.

Integration Challenges: Integrating Shareworks with other HR systems can be a cumbersome process, leading to data inconsistencies and potential errors.

Customer Support Issues: Some users have reported difficulties reaching customer support or experiencing long wait times for assistance.

ADP Workforce Now is a popular PEO and HR solution for businesses that need a comprehensive HCM for payroll, time and attendance, benefits administration, reporting, and compliance assistance. It’s ideal for small teams, mid-sized organizations and larger businesses looking to improve their time tracking, ensure payroll accuracy and go paperless with document management.Standout features include automated time tracking, collaborative scheduling, talent acquisition, configurable work rules, employee self service and data syncing.Time and attendance features support productivity by ensuring proper staffing, tracking time via desktop or app, and providing time clocks or ADP® Kiosk access. Additionally, it supports online schedule management, time-off requests and approvals.It also facilitates benefits administration, SmartCompliance, financial wellness support, and performance and compensation management, fostering a positive employee experience.Additionally, ADP Workforce Now has AI capabilities that can automate repetitive tasks, analyze workforce data for insights, find tax forms, access company policies, and submit PTO requests through mobile devices or myADP. AI-driven analytics aid decision-making across key HR functions like recruiting, compliance and time management.Users commend ADP's time tracking for its efficiency and user-friendly interface. However, some users report drawbacks, including customer service issues and a learning curve during implementation.As a PEO, ADP offers assistance with workers' compensation, claims management and tax support in all 50 states.Overall, ADP Workforce Now is an inclusive HR solution that provides essential features for payroll, time tracking, and HR management while also offering custom reports, automation and AI capabilities to all business sizes.

Is Shareworks really share-worthy, or does it need a performance review? User reviews from the past year present a mixed bag when it comes to Shareworks. Some users appreciate the platform's intuitive design and robust reporting capabilities, highlighting how it simplifies complex equity plans and provides a clear audit trail. For example, one user praised the software's ability to model different forecasting scenarios, which helped them make informed decisions about their equity compensation. However, other users have voiced concerns about the platform's customer support and occasional technical glitches. One user specifically mentioned experiencing difficulties integrating Shareworks with their existing HRIS system, leading to delays and frustration. This disparity in experiences suggests that Shareworks's suitability hinges on specific needs and expectations. Shareworks seems to be a good fit for publicly traded companies or large private companies with sophisticated equity compensation plans, especially those already familiar with Morgan Stanley's suite of financial services. Its strengths lie in its comprehensive features, detailed reporting, and integration with other Morgan Stanley products. However, smaller businesses or those with simpler equity structures might find the platform's complexity and cost outweigh its benefits. Ultimately, deciding whether Shareworks truly "works" for your organization requires careful consideration of your specific requirements and a thorough assessment of its capabilities against your needs.

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FAQ

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