Workday Financial Features List

Workday Financial Reviews

Workday Financial

Fresh approach to financial management

4.35/5 (17 reviews)
39,185

Workday Financial Feature Summary

  • Revenue management
  • Business assets
  • Procurement
  • Grants management
  • Revenue recognition
  • Purchase orders
  • Invoicing
  • Real time spend analytics
  • Accounting and finance
  • Management reporting
  • Expenses
  • Mobile friendly
  • Project management
  • Online support
  • Custom reports
  • Automatically reconcile bank statements
  • Manage your asset roster
  • Monitor processes and workflows
  • Centralized business management
  • Inventory
  • Real-time business insights
  • Financial reports
  • Attach comments
  • Key metrics
  • Status indicators
  • Multientity, multibook, and multicurrency
  • Country-specific configurations
  • Language translations
  • Security and support compliance
  • Track and manage bank accounts
  • Asset lifecycle management
  • Workflow management
  • Full audit reports
  • Security access policies

Finance & Accounting Feature Comparison

Most popular features of all Finance & Accounting apps

API (162 other apps)
Accounting Integration (97 other apps)
Accounting Management (97 other apps)
Activity Dashboard (105 other apps)
Auditing (79 other apps)
Automatic Notifications (98 other apps)
Automatic Reminders (71 other apps)
Billing & Invoicing (106 other apps)
Customizable Reporting (78 other apps)
Data Import/Export (83 other apps)
Electronic Payments (91 other apps)
Expense Tracking (102 other apps)
Invoice Management (153 other apps)
Invoice Processing (93 other apps)
Multi-Currency (88 other apps)
Real Time Data (83 other apps)
Receiving (87 other apps)
Recurring Billing (74 other apps)
Reporting & Statistics (92 other apps)
Third Party Integration (89 other apps)

Competitor Feature Comparison

Mobile apps

iOS App


100,229 reviews

See all iOS Apps

Requires iOS 10.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


0 reviews

See all Android Apps

Workday Financial Feature Reviews

15 reviewers had the following to say about Workday Financial's features:

Anonymous
A verified reviewer

Excellent, I can have all the analysis of my management in a single financial management system.

2018-04-13

Allows me to register new levels of financial efficiency and business performance with Workday accounting software, I could quickly respond to anomalies as they happen with reports and in-memory accounting, I could manage all activity with configurable business processes.

Pros

I like most is that it gives me the possibility of having all the analysis of my management in a single financial management system.

Cons

I'm practically new using the tool, but I think it would be useful to include the possibility of including the initial data of the company and predict its productivity in the short term.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Vanessa Marroquin

It is a little bit difficult to use at the beginning.

2018-02-08

Pros

It has a very simple interface. Reports and features can get customized by ITS on demand.

Cons

It contains no tools for project management other than the accounting of available budget, obligations and actuals.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Dennis Maina

Best software for financial management and reporting

2018-05-15

accurate reports that i forwarded to the management for enabling the decision making process in the company

Pros

It provides accurate reports and financial tools thus proving to very reliable It can be used to generate monthly and annual reports therefore help in future financial forecasting

Cons

In case where connections are not strong and secure, it can be difficult to access In case wrong and corrupted data is fed, the reports will be inaccurate as it relies on the information fed to it

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Devender Kumar Sharma

It is good experience of working with this tool.

2017-05-15

Pros

Very user friendly interface. easy to operate and reports can be taken out very easily.

Cons

It is good tool however recovery of reports by this tools sometime seems difficult and need to improve its efficacy and speedy data and report production.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Kelli Tippet

Workaround

2016-11-03

We have also had some issues with invoices getting lost in the system and had to recreate them in order to get them to process.

Pros

The reporting capabilities and the ability to drill down in functions to get to the info you need.

Cons

Not always user friendly. The error notes are not very helpful in pointing you to the specific line that has an issue.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Hemant Kumar

One tool to provide all finance related detail.

2017-04-13

Very good tool for accounting, consolidation, planning, procurement, projects, reporting, and analytics.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Shiawtian Chen

Friendly and easy to use interface. Very powerful report and data sorting tool

2018-02-11

Pros

Everything is linked and stored in an easy to navigate format so you will have an easy time looking for what you need.

Cons

Also if you attempt to click around too much before Workday process what you want it to do, you will get an error message.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Amy Rose Gill

Verified Reviewer

Amazing, Unlike Any Other

2018-01-10

Pros

- Easy to use - Mobility - Analytics - Dashboards - Reporting - Extremely Self Serving - Amazing Ecosystem

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: GetApp
Helpful?   Yes   No
Read more
Gaurav Paras Shukla

Awesome tool to manage finance in-house

2017-05-09

Pros

User-friendly, easy access, secure to end user It's easy to provide weekly, monthly and yearly view for Planning

Cons

Sometimes slow to access Customize reports needs to enhance.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Rajesh Sahran

All details at one place and easy to handle

2017-05-09

Pros

GUI interface.Easy to use...and user friendly. I am using this from past 2 years and its awsome tool.

Cons

The charts can be improved , taking out the reports is not not so easy and can be improved further.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Ryan King

Great product, easy to use, very user-friendly

2018-03-13

Pros

Love the reliability of the product itself, very easy to use and user-friendly user interface, decent documentation outlining features and functionality

Cons

Wish it were easier to integrate with other software systems, although I know the company is making a push in that direction.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Kristy Ellison

Workday Review

2016-11-17

We are just getting some of the new features so I am not sure about it as a whole package yet, but so far, the accounting piece is very good.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
Associate Solutions Analyst (Computer Software company, 1001-5000 employees)
Verified Reviewer

Best Human Capital Management App

2018-03-09

Pros

User of Workday, this could not be an easier way for a non stop shop for payroll/tax info, managing benefits and my calendar with time off.

Cons

Only con that I do not understand is in the iOS app every time you need to view your actual pay stub you need to 'generate' a PDF which takes ~5 seconds.

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: GetApp
Helpful?   Yes   No
Read more
Elizabeth Sellmeyer

New software.....from eeeek to ooohhhhh

2016-11-21

Our employer is giving us this in small doses and most of the headache is just establishing processes as some duties have shifted.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Cindy Carey

Easy transition!

2016-11-16

It is never easy changing systems but Workday is much easier to use then our previous system.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more