Workday Financial Management Pricing Plan & Cost Guide

Workday Financial Management

Fresh approach to financial management

4.36/5 (55 reviews)

Workday Financial Management Pricing

Pricing model: Subscription

Contact Workday for detailed pricing information.

Competitors Pricing

SmartSearch

Pricing model: Subscription
Free Trial: Available

LessAccounting

Pricing model: Free, Subscription
Free Trial: Available

FreshBooks

Starting from: 7.50/month
Pricing model: Subscription
Free Trial: Available (No Credit Card required)

StockMarketEye

Starting from: 74.99/year
Pricing model: Subscription
Free Trial: Available (No Credit Card required)

Workday Financial Management Pricing Reviews

Pros

  • Overall experience with Workday Financial Management has been fantastic. Great capabilities that can integrate very well with other Workday modules.Alfonso P.Read the full review
  • I love how user friendly it is. You can find anything and everything with ease.Karla C.Read the full review
  • I think it will be a great benefit to our employees once we get everything set up as it should be.Verified ReviewerRead the full review

Cons

  • Hard to learn at first- errors pop up at times.Verified ReviewerRead the full review
  • My overall experience with Workday is sometimes frustrating since I cannot get the reports I need to do my job.Verified ReviewerRead the full review
  • 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.Verified ReviewerRead the full review
93%
recommended this to a friend or a colleague

5 reviewers had the following to say about Workday Financial Management's pricing:

Ryan K.

Great product, easy to use, very user-friendly

Used weekly for 6-12 months
Reviewed 2018-03-13
Review Source: Capterra

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. Also wouldn't mind a cheaper option for small (rather than medium) sized businesses...

Rating breakdown

Value for money
Ease of use
Features
Customer support

Minimize review

Anonymous

Excellent Product

Used weekly for 1-2 years
Reviewed 2021-04-06
Review Source: Capterra

An excellent solution to make all of those once tedious tasks much easier.

Pros
This product has made work in our HR space so much more streamlined. From talent management, to recruiting, to benefits and obviously, financial reporting internally. Budget keeping is no longer the massive chore it used to be.

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

Rating breakdown

Ease of use
Features

Likelihood to recommend: 9/10

Minimize review

Anonymous

A powerful tool with a terrible UI

Used monthly for 1-2 years
Reviewed 2021-03-02
Review Source: GetApp

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.

Pros
Workday is used by large companies for a reason - companies with employees throughout the US or even internationally can gain immense value from Workday. It takes a lot of the legwork out of managing financials with large numbers of employees for the company.

Cons
The user interface for actual employees leaves a lot to be desired. Performing even simple tasks can take multiple minutes of digging through menus.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 7/10

Minimize review

Anonymous

Workday is designed to help you on a daily basis!

Used daily for 6-12 months
Reviewed 2021-05-16
Review Source: Capterra

Pros
Workday user interface design is super friendly. As the user with the rights for approving expenses to my cost center, I have no complaints. The process is straight forward, smooth, and the software feels robust and without any flaws.

Cons
The 'inbox' or 'archive' section can be confusing, but aside from that, Workday is top-notch regarding software for Financial Management and much more!

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

Tiffany Y.

Your usual financial software

Used daily for 6-12 months
Reviewed 2019-12-10
Review Source: Capterra

Okay overall, don’t really see anything outstanding compared to other financial softwares

Pros
Allows user to save particular reports for easy access in the future, especially great if you need recurring reports.

Cons
There should be some sort of a filter feature. I find it troublesome when looking up vendor in the search bar, but unable to refine by cost center or BU without going through pulling the ledger entries.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 7/10

Minimize review