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Workday Financial Management

A fresh approach to financial management.

Table of Contents

Is this product right for your business?

Find out with a

Workday Financial Management - 2026 Pricing, Features, Reviews & Alternatives

All user reviews are verified by in-house moderators and provider data by our software research team. Learn more

Last updated: March 2026

Workday Financial Management 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.

Workday Financial Management comes in an array of different scalable packages with different levels of online and offline support.

Starting price

50per user /
per month

Alternatives

with better value for money

Pros & Cons

Ease of Use

Features

Financial Accounting

Bugs and Issues

Security and Access Control

Access

Workday Financial Management’s user interface

Ease of use rating:

4.4

(88)

Workday Financial Management pros, cons and reviews insights

To determine these pros and cons insights, we analyzed responses from

Overall rating

Reviews sentiment

1-2(3)

3-4(39)

5(46)

What do users say about Workday Financial Management?

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.

Select to learn more

Who uses Workday Financial Management?

Based on 88 verified user reviews.

Company size

Enterprises

Small Businesses

Midsize Businesses

Top industries

Accounting

Education Management

Health, Wellness and Fitness

Medical Devices

Others

Use cases

Financial Reporting

Financial Management

Billing and Invoicing

Accounting

Project Planning

Workday Financial Management's key features

Most critical features, based on insights from Workday Financial Management users:

Mobile access

4.5

(4)

Expense tracking

4.7

(10)

Audit trail

4.0

(1)

Duplicate payment alert

4.0

(3)

Multi-Currency

4.0

(1)

All Workday Financial Management features

Features rating:

4.4

(88)

Access controls/permissions

4.8

(4)

Accounting

4.7

(3)

Accounts payable

3.3

(3)

Accounts receivable

3.3

(3)

ACH payment processing

(0)

Activity dashboard

4.0

(2)

Ad hoc reporting

(0)

Aging tracking

(0)

Alerts/Notifications

4.8

(4)

Anomaly detection

(0)

API

(0)

Approval process control

4.2

(5)

Auditing

(0)

Audit management

(0)

Audit planning

(0)

Audit trail

4.0

(1)

Automatic billing

(0)

Bank reconciliation

3.8

(4)

Billing & invoicing

4.5

(2)

Budgeting/Forecasting

4.4

(5)

Budget management

(0)

Cash flow analysis

(0)

Cash flow management

5.0

(1)

Cash management

5.0

(2)

Check processing

(0)

Check writing

(0)

Collaboration tools

4.3

(3)

Commenting/Notes

(0)

Commission management

(0)

Compliance management

(0)

Consolidation/Roll-Up

5.0

(1)

Contract drafting

(0)

Contract/License management

(0)

Core accounting

(0)

CPA firms

(0)

CRM

(0)

Currency Management

(0)

Customer statements

(0)

Customizable invoices

4.7

(3)

Customizable reports

(0)

Customizable rules

4.0

(1)

Dashboard

(0)

Data import/export

4.0

(1)

Data management

(0)

Data visualization

4.0

(1)

Distribution management

5.0

(1)

Document management

(0)

Duplicate payment alert

4.0

(3)

Dynamic pricing

(0)

Electronic funds transfer

(0)

Enterprise asset management

(0)

ERP integration

(0)

Expense claims

(0)

Expense management

(0)

Expense tracking

4.7

(10)

Financial analysis

(0)

Financial management

4.4

(5)

Financial reporting

3.9

(7)

Fixed asset management

5.0

(1)

Forecasting

(0)

For grantmakers

(0)

For hospitality industry

(0)

For real estate

(0)

For small businesses

(0)

Fraud detection

(0)

Fund accounting

(0)

Gantt/Timeline view

4.0

(1)

General ledger

4.6

(9)

Grant application management

(0)

Grant award tracking

(0)

HR management

5.0

(1)

Income & balance sheet

5.0

(1)

Integrated business operations

5.0

(2)

Inventory control

(0)

Inventory management

4.0

(1)

Investment management

(0)

Invoice creation

(0)

Invoice history

(0)

Invoice management

(0)

Invoice processing

4.7

(6)

Mobile access

4.5

(4)

Mobile app

(0)

Multi-Company

(0)

Multi-Currency

4.0

(1)

Multi-Language

(0)

Online invoicing

(0)

Online payments

(0)

Order management

5.0

(1)

Overpayment processing

(0)

Partial payments

(0)

Payment collection

(0)

Payroll management

4.0

(1)

Planning Tools

2.0

(1)

Portfolio management

(0)

Price and cost calculations

(0)

Price optimization

(0)

Procurement management

(0)

Product configurator

(0)

Profit/Loss statement

4.7

(3)

Progress tracking

4.0

(1)

Project accounting

(0)

Project billing

(0)

Project management

(0)

Proposal generation

(0)

Purchase order management

5.0

(2)

Purchasing & receiving

(0)

Quotes/Estimates

(0)

Real-Time analytics

(0)

Real-Time data

(0)

Real-Time monitoring

(0)

Real-Time reporting

(0)

Real-Time updates

(0)

Receipt management

4.0

(2)

Receivables ledger

(0)

Recommendations

(0)

Reimbursement management

(0)

Remote access/control

(0)

Reporting/Analytics

4.3

(4)

Reporting & statistics

5.0

(1)

Requisition management

(0)

Resource management

4.5

(2)

Revenue management

(0)

Revenue recognition

4.0

(2)

Risk analysis

(0)

Risk assessment

(0)

Risk management

(0)

Rules-Based workflow

(0)

Spend analysis

(0)

Spend control

(0)

Status tracking

(0)

Supplier management

(0)

Supply chain management

(0)

Task management

(0)

Tax management

(0)

Template management

(0)

Third-Party integration

(0)

Third-Party integrations

4.0

(3)

Time & expense tracking

(0)

Transaction history

(0)

Transaction management

(0)

Vendor management

(0)

Visualization

5.0

(1)

"What if" scenarios

5.0

(1)

Workflow management

4.8

(8)

Yield Management

5.0

(1)

Workday Financial Management alternatives

Workday Financial Management

4.4

(88)

Starting from

/user

Per month

Free trial

Free version

Ease of Use

4.1

Features

4.4

Value for Money

4.2

Customer Support

4.3

QuickBooks Online

4.3

(8.4K)

learn more

Starting from

Per month

Free trial

Free version

Ease of Use

4.2

Features

4.3

Value for Money

4.2

Customer Support

4.0

Xero

4.4

(3.2K)

visit website

Starting from

Per month

Free trial

Free version

Ease of Use

4.4

Features

4.3

Value for Money

4.3

Customer Support

4.0

NetSuite

4.2

(2K)

visit website

Starting from

No pricing info

Free trial

Free version

Ease of Use

4.0

Features

4.2

Value for Money

3.9

Customer Support

3.8

Workday Financial Management pricing

Value for money rating:

4.2

(88)

Starting from

/user

Per month

Pricing details

Subscription

Free trial

Free plan

Pricing range

User opinions about Workday Financial Management price and value

Value for money rating:

4.2

(88)

To see what individual users think of Workday Financial Management's price and value, check out the review snippets below.

“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.”

Kendall W.

Payroll Systems Analyst

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

Amir N.

Accountant