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Workday Financial Management Logo

Workday Financial Management

4.4
(65)

Write a review

A fresh approach to financial management.

(8)

Workday Financial Management Pricing, Features, Reviews and Alternatives

Workday Financial Management FAQs

Q. What type of pricing plans does Workday Financial Management offer?

Workday Financial Management has the following pricing plans:
Pricing model: Subscription

These products have better value for money


Q. Who are the typical users of Workday Financial Management?

Workday Financial Management has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


Q. What languages does Workday Financial Management support?

Workday Financial Management supports the following languages:
English, French, German, Italian, Spanish


Q. Does Workday Financial Management offer an API?

No, Workday Financial Management does not have an API available.


Q. What level of support does Workday Financial Management offer?

Workday Financial Management offers the following support options:
24/7 (Live rep), Knowledge Base, Email/Help Desk, Phone Support

Workday Financial Management product overview

What is Workday Financial Management?

Workday Financial Management covers essential business areas such as procurement, asset management, CRM, revenue management, business reports, spend and sales analytics, bank reconciliation, project and task management as well as general business management processes. The Workday Financial Management application is web-based and mobile-friendly - enabling you to view your Workday Financial Management software in full transparency whilst on the go or out of the office.

Key benefits of using Workday Financial Management

Revenue management and business assets - Workday Financial Management can manage your entire financial portfolio from the dashboard, giving you complete transparency over your financial success and revenue streams. Workday Financial Management also acts as inventory management and business assets platform - allowing you to control expenditure and inventory.

Invoicing and Real-time spend analytics - Workday Financial Management obtains reports on your business's invoices (paid and pending) so you can view renewal rates and new sales development. The Workday Financial Management spend analytics provides real-time sales metrics into spending patterns and trends within your consumer segments.

Mobile friendly and Custom reports - The entire Workday Financial Management platform is optimized for mobile devices allowing you the freedom to produce reports and findings whilst on the go. The custom reports enable you to create your own dashboards to display what is most relevant to you.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

24/7 (Live rep)
Knowledge Base
Email/Help Desk
Phone Support

Training options

In Person
Documentation
Webinars
Live Online
Videos

Not sure about Workday Financial Management? Compare it with a popular alternative

Workday Financial Management logo

Workday Financial Management

4.4
(65)

Starting from

ic-pricetag

No pricing info

Free plan
Free trial
Pricing range

Starting from

ic-pricetag

No pricing info

Free plan
Free trial
Pricing range
Ease of use
Value for money
Customer support
Ease of use
Value for money
Customer support
Why am I seeing this?

Workday Financial Management pricing information

Value for money

4.2

/5

65

Starting from

ic-pricetag

No pricing info

Pricing options

Free plan
Subscription
Free trial
Pricing range

Workday Financial Management features

Functionality

4.4

/5

65

Total features

126

25 categories

Most valued features by users

Activity Dashboard
Reporting & Statistics
Reporting/Analytics
Data Import/Export
Alerts/Notifications
Compliance Management
Customizable Reports
Workflow Management

Workday Financial Management users reviews

Overall Rating

4.4

/5

65

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8.09/10
Rating distribution

5

4

3

2

1

33

27

3

1

1

Pros
Workday does an amazing job with a great interface allowing the user to easily learn the system while not sacrificing the work being done. Easy, affordable, maintainable.
Overall experience with Workday Financial Management has been fantastic. Great capabilities that can integrate very well with other Workday modules.
I love how user friendly it is. You can find anything and everything with ease.
Cons
Hard to learn at first- errors pop up at times.
My overall experience with Workday is sometimes frustrating since I cannot get the reports I need to do my job.
Employees will accept having to use Workday to manage their taxes, etc. I'm not aware of an alternative for large companies. It will, however, be a perpetual pain point for employees.
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Nick C.

IT Security Specialist

Education Management, 201-500 employees

Review source

Overall Rating

Workday's Financial Solution

Reviewed 3 years ago

Transcript

Nick C.: My name is Nick. I am an IT security specialist. I work in higher education and I give Workday...

AR
AvatarImg

Verified reviewer

Information Technology and Services, 501-1,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Best cloud based financial management system

Reviewed 2 years ago
Pros

Easy to develop reports and less coding for developing integrations. User Interface is very good and dashboards are easy to develop and deploy

Cons

It won't allow much customization on the existing pages.

AR
AvatarImg

Verified reviewer

Accounting, 5,001-10,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Workday Financials Review

Reviewed 4 years ago

Pretty good, however the points addressed as dislikes should be addressed as it would make workday more robust

Pros

What I like is the reporting options available in the financials model. It allows us to reconcile grant spending within the award management team along with the depts as all data points are in Workday. Users with the report Writer role are able to construct their own reports and schedule output for specific users as needed. Everything from award creation to sponsor billing can be done from one system.

Cons

There are constraints regarding billing for sponsors on grants for expenses posting outside of award line dates if the company is using a different system for timekeeping. There are also no award or grant compliance checks in workday leaving compliance auditing at risk

RS
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Rachel S.

Insurance, 5,001-10,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend4/10

Share this review:

Workday Review

Reviewed 5 years ago

I use workday to keep track of all my important company information. Overall I would say it's a good platform, but it needs some updating to make it more user friendly. Epically the time and absence widgets. I'm not a huge fan of how this program functions.

Pros

I like being able to access my personal information, my performance, my time, my benefits, etc. all in one location.

Cons

I don't like how difficult it is to track my time. We have a lock out every week and it is difficult to keep track of the hours I work. I usually have to write them down on a sticky note and transfer them back in once the lock out is over. Very inconvenient. I also don't like how I have to go to a different screen to include my absences like PTO or Maternity leave. It's been somewhat of a mess trying to keep track of al my hours and benefits.

CE
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Christina E.

Education Management, 1,001-5,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Workday

Reviewed 4 months ago
Pros

Easy to find transactions, sort, and filter

Cons

Lots of irrelevant data fields crowd the page. Difficulty knowing which do use.

AR
AvatarImg

Verified reviewer

Higher Education, 10,001+ employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend4/10

Share this review:

Slow and Not User Friendly

Reviewed 2 years ago

Accessing the specific reports is difficult as the user is required to remember several abbreviated name strings (fin acc manage...). When finally accessing the correct report, Workday is slow to load the report and a pop-up typically appears asking if the user would like to be notified when the report is available.

Pros

Some of the budget management reports allow users to drill down into specific line items/ spend categories. This feature is great for a quick refresher of recent expenses.

Cons

There are too many separate reports acting as silos. This often makes it difficult to see the full financial picture without multiple tabs or Excel downloads.

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