Workday Financial Management vs OneStream

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Compare Workday Financial Management and OneStream based on features, pricing, verified reviews, integrations & more on GetApp. Find out which software is best for your business in 2026.

QuickBooks Online

QuickBooks Online is an all-in-one online business software designed to help manage business finances. The platform is built to scale businesses, unlocking insights and providing the functionality of a larger team, all on one integrated platform.

Xero

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any computer or mobile device with an internet connection. Simplify business admin and get a range of financial insights to help you make better decisions for your business.

NetSuite

NetSuite is an AI-powered cloud-based business management suite. It helps organizations streamline their operations and gain real-time insights into their performance. The suite caters to a range of industries such as manufacturing, retail, and professional services.

Workday Financial Management is a web-based accounting and planning software that helps with strategic financial decisions and predictable customer outcomes. It manages the sales and revenue portfolio and allows a completely transparent sales management experience both in the office and on the road.

Access Controls/Permissions

Accounting

Accounts Payable

Accounts Receivable

ACH Payment Processing

Activity Dashboard

Ad hoc Reporting

Aging Tracking

Alerts/Notifications

Anomaly Detection

Approval Process Control

Auditing

Audit Management

Audit Planning

Audit Trail

Automatic Billing

Bank Reconciliation

Billing & Invoicing

Budgeting/Forecasting

Budget Management

Cash Flow Analysis

Cash Flow Management

Cash Management

Check Processing

Check Writing

Collaboration Tools

Commenting/Notes

Commission Management

Compliance Management

Consolidation/Roll-Up

Contract Drafting

Contract/License Management

Core Accounting

CPA Firms

Currency Management

Customer Statements

Customizable Invoices

Customizable Reports

Customizable Rules

Dashboard

Data Import/Export

Data Management

Data Visualization

Distribution Management

Document Management

Duplicate Payment Alert

Dynamic Pricing

Electronic Funds Transfer

Enterprise Asset Management

ERP integration

Expense Claims

Expense Management

Expense Tracking

Financial Analysis

Financial Management

Financial Reporting

Fixed Asset Management

Forecasting

For Grantmakers

For Hospitality Industry

For Real Estate

For Small Businesses

Fraud Detection

Fund Accounting

Gantt/Timeline View

General Ledger

Grant Application Management

Grant Award Tracking

HR Management

Income & Balance Sheet

Integrated Business Operations

Inventory Control

Inventory Management

Investment Management

Invoice Creation

Invoice History

Invoice Management

Invoice Processing

Mobile Access

Mobile App

Multi-Company

Multi-Currency

Multi-Language

Online Invoicing

Online Payments

Order Management

Overpayment Processing

Partial Payments

Payment Collection

Payroll Management

Planning Tools

Portfolio Management

Price and Cost Calculations

Price Optimization

Procurement Management

Product Configurator

Profit/Loss Statement

Progress Tracking

Proprietary

Workday Financial Management

Web-based

Basic

Payroll Systems Analyst

The depth of functionality allows organizations to tailor processes, reporting, and controls in a way that truly fits their operations. While it does come with a learning curve, especially for new users, that complexity reflects its power and scalability. Once you get familiar with it, the system feels intuitive and well designed.

Accountant

Workday Financial Management is a detailed ERP program that manage all of your accounting and finance needs in accordance with the International Accounting Standards.

VP Fin Sys

Workday Financial Management provides a comprehensive financial management solution that seamlessly integrates complex financial processes into a single, unified system, allowing organizations to streamline their financial operations with unprecedented efficiency.

Conference Center Manager

I also don't like when I'm submitting payments and I have multiple entries with different categories I have to enter all the information over and over.  

Workday Financials System Architect

Get rid of "simplified search" or allow it to be turned on/off tenant-wide. Why is it when I type in 'start prox', the Start Proxy task is the 7th in the list returned?

My favorite aspect of Workday Financials is the ability to drill down to transaction level within reports.

Since this is a detailed accounting ERP program, its hard sometimes when navigating and finding details while posting transactions.

Retail Strategy Director

Also, reporting can have a learning curve—getting very specific/custom outputs sometimes requires more configuration or expert help than you’d expect.

Reporting and dashboards made it easier to spot trends quickly and support faster, more informed decisions.

I feel as though over the years Workday has pushed functionality into Production too soon; in other words many of the features are, in my opinion, at about 80-90% complete.

I like that everything is in one space to submit and you can look back on previous invoices and payment.

Senior Account Executive

Workday Financial Management is a very usefull tool for companies, it simplifies finance with real-time insights.

The ability to configure any and all needs is at the top of my list.

Digital Philanthropy Caller

I don’t like that it’s slow to load and difficult to check whether or not you’ve submitted times for a week.

Sr Customer Service Representative

I don't like that you have to call I.T. to obtain my new password if  I forget it

Workday Analyst

Everything is in one place, can be easily located and acts as one source of truth.

Software Engineer

It takes a lot of configuration and setup, and hard to onboard specific entities such as international customs and other logistics providers.

HR Assistant

Expensive software and can be less customisable than other softwares. When using lots of data it can be slow.

Senior Director, Enterprise Systems

It has an easy-to-use interface with a strong back-end for customizing business processes.

I work hard to show this system off and make our employees fall in love with it.

Great integration with Payroll and HCM modules.

STOP over-complicating your customer support model.

Things like this happen all the time and cost us all time.

Owner

The ability to host certain files in the app was also very helpful.

Some negative aspects are primarily related to some occasional errors in the user interface.

Loan servicing representative

Curriculum Designer

I like that it is so intuitive and easy to navigate.  

My overall experience with Workday has been pleasant and easy to understand.

Reviewer

There is a learning curve to using the software when creating hierarchies for your chart of accounts before you can effectively create useful reports.

Accounts Receivable 

Lots of irrelevant data fields crowd the page.

Patient care advocate

I like how it’s be very easy and convenient to use .

Manager, Business Operations

This feature is great for a quick refresher of recent expenses.

CALIBRATION/ROBOTICS TECHNICAL SPECIALIST

Workday makes accounting for you time easy, along with all the other features.

Procurement

This tool provides best-in-class functionalities that support financial and procurement operations.

Utilities Maintenance/Boiler room

Workday does an amazing job with a great interface allowing the user to easily learn the system while not sacrificing the work being done.

Group Fitness Instructor

I really like having this app on my phone so that I get a breakdown of each paycheck I receive twice a month.

CX, Escalations

I like the fact that it's a cloud system, makes everything easier.

It has a user friendly interface, set up was somewhat of a breeze.

Assistant Director, Communications

Because Workday is a holistic solution for HR, there are minor limitations, but those hardly impact it's greater value.

Cloud Infrastructure Engineer

There are some functions which require multiple mouse clicks to access a report which should be easier.

Financial Accountant 

very good  TB report and Balancesheet reports

Workday Developer

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

Reconciliations Manager 

it is functional for us to make presentations or dashboards.

Some concepts are quite unique and sometimes unnecessary  when compared against a Coupa or other provider.

Assistant General Manager

I enjoy that all of our employees use workday and it makes it very simple to approve their time, as opposed to having to check time cards or check into another account.  

Operations Sr Manager

The process is straight forward, smooth, and the software feels robust and without any flaws.

Workday Financial Management vs OneStream Comparison (2026)

Workday Financial Management

OneStream

Overview

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Pricing

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Key features

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