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Workday Financial Management vs Basware Comparison

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Overview

Category Leaders

Workday Financial Management is a web-based accounting and planning software that helps with strategic financial decisions...

Basware provides e-invoicing and purchase-to-pay solutions including e-procurement, accounts payable automation, travel &...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • No credit card required
  • Free account
  • Subscription based

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • No credit card required
  • Free account
  • Subscription based

User reviews

4.4

60

5

4

3

2

1

30

25

3

1

1

  • Value for money
  • Ease of use
  • Features
  • Customer support
92%
would recommend this app

4.1

19

5

4

3

2

1

8

8

2

0

1

  • Value for money
  • Ease of use
  • Features
  • Customer support
94%
would recommend this app

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.

DB

Daniel B.

Overall experience with Workday Financial Management has been fantastic. Great capabilities that can integrate very well with other Workday modules.

AP

Alfonso P.

I love how user friendly it is. You can find anything and everything with ease.

KC

Karla C.

Pros

The dashboard is very helpful and eye catching. Love the way the software shows all the contents and very easy to find what you required.

VP

Vishwas P.

Overall I am satisfied with using Basware at work and hopefully I will enjoy working with it for a long time.

AR

Anonymous Reviewer

It allows you to upload them, input accounting string, and transfer to your ERP system. It works very well with Oracle Finance which is a great advantage.

AR

Anonymous Reviewer

Cons

Hard to learn at first- errors pop up at times.

AR

Anonymous Reviewer

My overall experience with Workday is sometimes frustrating since I cannot get the reports I need to do my job.

AR

Anonymous Reviewer

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.

AR

Anonymous Reviewer

Cons

What I dislike about this software that sometimes I run into some unexpected errors and have to close and open Basware again.

AR

Anonymous Reviewer

Almost no customization or advanced functionality. Reports often lack critical details that are readily available in other programs.

DC

Donald C.

Rejecting an invoice can cause confusion within the back end. When an invoice needs to be rejected, one of our Basware admins is notified and then must remove the invoice from the workflow.

AR

Anonymous Reviewer

  • Vendor responds to reviews
  • Last review17 days ago
  • Vendor responds to reviews
  • Last review7 months ago

Key features

  • Total features88
  • "What If" Scenarios
  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Ad hoc Reporting
  • Aging Tracking
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Barcode / Ticket Scanning
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Management
  • Cataloging/Categorization
  • Check Processing
  • Check Writing
  • Collaboration Tools
  • Collections Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Contract/License Management
  • Core Accounting
  • Credit Card Management
  • Credit Card Processing
  • Currency Management
  • Customer Statements
  • Customizable Reports
  • Customizable Templates
  • Data Extraction
  • Data Import/Export
  • Data Visualization
  • Discount Management
  • Distribution Management
  • Document Management
  • Duplicate Payment Alert
  • Dynamic Pricing
  • ERP
  • Enterprise Asset Management
  • Estimating
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • For Hospitality Industry
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • General Ledger
  • HR Management
  • Income & Balance Sheet
  • Integrated Business Operations
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Investment Management
  • Invoice Management
  • Invoice Processing
  • Manufacturing Planning
  • Mobile Access
  • Mobile App
  • Multi-Channel Management
  • Multi-Company
  • Multi-Currency
  • Nonprofits
  • Online Payments
  • Order Management
  • Overpayment Processing
  • Partial Payments
  • Payroll Management
  • Portfolio Management
  • Price Optimization
  • Procurement Management
  • Product Identification
  • Profit/Loss Statement
  • Project Accounting
  • Project Management
  • Proposal Generation
  • Purchase Order Management
  • Purchasing & Receiving
  • Purchasing Reports
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Receiving/Putaway Management
  • Recurring Payments
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Resource Management
  • Revenue Recognition
  • Risk Management
  • Search/Filter
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Status Tracking
  • Supplier Management
  • Supply Chain Management
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • User Management
  • Vendor Management
  • Visual Analytics
  • Warehouse Management
  • Workflow Management
  • Yield Management
  • Total features59
  • "What If" Scenarios
  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Ad hoc Reporting
  • Aging Tracking
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Barcode / Ticket Scanning
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Management
  • Cataloging/Categorization
  • Check Processing
  • Check Writing
  • Collaboration Tools
  • Collections Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Contract/License Management
  • Core Accounting
  • Credit Card Management
  • Credit Card Processing
  • Currency Management
  • Customer Statements
  • Customizable Reports
  • Customizable Templates
  • Data Extraction
  • Data Import/Export
  • Data Visualization
  • Discount Management
  • Distribution Management
  • Document Management
  • Duplicate Payment Alert
  • Dynamic Pricing
  • ERP
  • Enterprise Asset Management
  • Estimating
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • For Hospitality Industry
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • General Ledger
  • HR Management
  • Income & Balance Sheet
  • Integrated Business Operations
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Investment Management
  • Invoice Management
  • Invoice Processing
  • Manufacturing Planning
  • Mobile Access
  • Mobile App
  • Multi-Channel Management
  • Multi-Company
  • Multi-Currency
  • Nonprofits
  • Online Payments
  • Order Management
  • Overpayment Processing
  • Partial Payments
  • Payroll Management
  • Portfolio Management
  • Price Optimization
  • Procurement Management
  • Product Identification
  • Profit/Loss Statement
  • Project Accounting
  • Project Management
  • Proposal Generation
  • Purchase Order Management
  • Purchasing & Receiving
  • Purchasing Reports
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Receiving/Putaway Management
  • Recurring Payments
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Resource Management
  • Revenue Recognition
  • Risk Management
  • Search/Filter
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Status Tracking
  • Supplier Management
  • Supply Chain Management
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • User Management
  • Vendor Management
  • Visual Analytics
  • Warehouse Management
  • Workflow Management
  • Yield Management

Integrations

  • Total integrations39
  • Adobe Commerce
  • Authorize.Net
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Microsoft 365
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • Total integrations4
  • Adobe Commerce
  • Authorize.Net
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Microsoft 365
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier