cust.co / Compare / Workday vs Paycor HCM

Workday vs Paycor HCM - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in HR Tech. Both at Public stage.

Paycor HCM leads by +3pp on latest NRR (98% vs 95%).

NRR over time

94%96%98%99%101% FY2023-Q3FY2023-Q4FY2024-Q1FY2025-Q1FY2022-Q3FY-2023FY-2024 NRR Workday Paycor HCM Workday - FY2023-Q3: 95% Workday - FY2023-Q4: 95% Workday - FY2024-Q1: 95% Workday - FY2025-Q1: 95% Paycor HCM - FY2022-Q3: 98% Paycor HCM - FY-2023: 100% Paycor HCM - FY-2024: 98%

Paycor HCM hit a higher all-time peak (100% in FY-2023).

Stat-by-stat

Metric Workday Paycor HCM
Latest NRR 95% 98%
All-time peak NRR 95% 100%
All-time low NRR 95% 98%
QoQ change +0pp -2pp
YoY change - -
3-year change - -
Disclosures tracked 4 3

Customer cohorts

MetricWorkdayPaycor HCM
Total customers 11,500 31,300
Over $100K ARR - -
Over $1M ARR - -
Top-10 concentration - -
Average ACV - -
US revenue mix 74.4% -

Commercial structure

MetricWorkdayPaycor HCM
Total RPO $27.3B -
Current RPO (12mo) $8.8B -
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 92.6% 92%
New customers added - -

Post-sales motion

MetricWorkdayPaycor HCM
CS team size - -
Customers per CSM - -
Pricing model hybrid subscription
Renewal cadence multi-year annual
CSM coverage model - account-named
Top customer exec Rob Enslin -

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