What users are saying about

Abas ERP

5 Ratings
Score 8.7 out of 101

Workday Financial Management

18 Ratings
Score 8 out of 101

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Likelihood to Recommend

Abas ERP

ABAS by far offers the most bang for the buck. We are able to handle all of our business functions through ABAS and also have additional features like Business Apps, Business Intelligence, Vendor and Customer portals, as well as many other features that many other ERP packages didn't have. It has allowed us to consolidate our software packages and also provide visibility since everything is now connected.
Josh Schroeder profile photo

Workday Financial Management

I thought this was a great tool for putting together and tracking our department's actuals. Kind of like a Google Doc, people could edit it in real-time and comment. Which is great as I work on projects with coworkers where the events and projects are using different budgets. It helps to sort through what items should hit each budget.
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Feature Rating Comparison

Customization

Abas ERP
9.0
Workday Financial Management
API for custom integration
Abas ERP
9.0
Workday Financial Management
Plug-ins
Abas ERP
9.0
Workday Financial Management

Security

Abas ERP
8.5
Workday Financial Management
Single sign-on capability
Abas ERP
9.0
Workday Financial Management
Role-based user permissions
Abas ERP
8.0
Workday Financial Management

Reporting & Analytics

Abas ERP
8.0
Workday Financial Management
7.7
Dashboards
Abas ERP
8.0
Workday Financial Management
7.0
Standard reports
Abas ERP
7.5
Workday Financial Management
8.0
Custom reports
Abas ERP
8.5
Workday Financial Management
8.0

General Ledger and Configurable Accounting

Abas ERP
8.0
Workday Financial Management
8.0
Accounts payable
Abas ERP
7.0
Workday Financial Management
Accounts receivable
Abas ERP
7.0
Workday Financial Management
Global Financial Support
Abas ERP
9.0
Workday Financial Management
Primary and Secondary Ledgers
Abas ERP
9.0
Workday Financial Management
Intercompany Accounting
Abas ERP
8.0
Workday Financial Management
Localizations
Abas ERP
9.0
Workday Financial Management
Journals and Reconciliations
Abas ERP
9.0
Workday Financial Management
Enterprise Accounting
Abas ERP
8.0
Workday Financial Management
Configurable Accounting
Abas ERP
8.0
Workday Financial Management
Centralized Rules Framework
Abas ERP
7.0
Workday Financial Management
Standardized Processes
Abas ERP
7.0
Workday Financial Management
Expense management
Abas ERP
Workday Financial Management
8.0

Inventory Management

Abas ERP
8.1
Workday Financial Management
Inventory tracking
Abas ERP
7.5
Workday Financial Management
Automatic reordering
Abas ERP
8.5
Workday Financial Management
Location management
Abas ERP
8.0
Workday Financial Management
Manufacturing module
Abas ERP
8.5
Workday Financial Management

Order Management

Abas ERP
8.3
Workday Financial Management
Pricing
Abas ERP
8.0
Workday Financial Management
Order entry
Abas ERP
8.0
Workday Financial Management
Cost of goods sold
Abas ERP
8.5
Workday Financial Management
Order Orchestration
Abas ERP
8.5
Workday Financial Management
End-to-end order visibility
Abas ERP
8.5
Workday Financial Management

Subledger and Financial Process

Abas ERP
7.3
Workday Financial Management
Automated Invoice Processing
Abas ERP
8.0
Workday Financial Management
Shared Services Payments
Abas ERP
7.0
Workday Financial Management
Billings Management
Abas ERP
8.0
Workday Financial Management
Customer Receipt Applications
Abas ERP
7.0
Workday Financial Management
Revenue Recognition
Abas ERP
7.0
Workday Financial Management
Cash Management
Abas ERP
7.0
Workday Financial Management
Travel & Expense Management
Abas ERP
7.0
Workday Financial Management
Budgetary Control & Encumbrance Accounting
Abas ERP
7.0
Workday Financial Management
Period Close
Abas ERP
8.0
Workday Financial Management
Transactions Tax
Abas ERP
7.0
Workday Financial Management
Subledger Reconciliations
Abas ERP
7.0
Workday Financial Management

Project Financial Management

Abas ERP
7.4
Workday Financial Management
Budgeting and Forecasting
Abas ERP
6.5
Workday Financial Management
Project Costing
Abas ERP
7.0
Workday Financial Management
Cost Capture
Abas ERP
7.0
Workday Financial Management
Customer Invoicing
Abas ERP
8.0
Workday Financial Management
Project Financial Performance Analysis
Abas ERP
7.0
Workday Financial Management
Project Financials Dashboard
Abas ERP
7.0
Workday Financial Management
Real-time Financial Reporting
Abas ERP
7.5
Workday Financial Management
Embedded Business Intelligence
Abas ERP
8.0
Workday Financial Management
Project Planning Collaboration
Abas ERP
9.0
Workday Financial Management

Project Execution Management

Abas ERP
7.8
Workday Financial Management
Project Planning and Scheduling
Abas ERP
8.0
Workday Financial Management
Project Manager Dashboard
Abas ERP
8.0
Workday Financial Management
Resource Manager Dashboard
Abas ERP
7.0
Workday Financial Management
Real-Time Project Reporting
Abas ERP
8.0
Workday Financial Management

Procurement

Abas ERP
6.4
Workday Financial Management
Sourcing Team Collaboration
Abas ERP
5.0
Workday Financial Management
Sourcing Analysis
Abas ERP
5.0
Workday Financial Management
Bids Analyzed and Compared
Abas ERP
8.0
Workday Financial Management
Contract Authoring
Abas ERP
5.0
Workday Financial Management
Electronic Signatures
Abas ERP
8.0
Workday Financial Management
Supplier Assessment
Abas ERP
7.5
Workday Financial Management
Supplier Communication and Collaboration
Abas ERP
6.0
Workday Financial Management
Supplier Management
Abas ERP
6.0
Workday Financial Management
Supplier Portal
Abas ERP
7.0
Workday Financial Management

Manufacturing

Abas ERP
7.0
Workday Financial Management
Production Process Design
Abas ERP
8.0
Workday Financial Management
Production Management
Abas ERP
8.0
Workday Financial Management
Contracted Manufacturing Management
Abas ERP
3.0
Workday Financial Management
Work Execution
Abas ERP
9.0
Workday Financial Management
Manufacturing Costs
Abas ERP
7.0
Workday Financial Management

Supply Chain

Abas ERP
5.8
Workday Financial Management
Inventory Planning
Abas ERP
6.5
Workday Financial Management
Performance Monitoring
Abas ERP
5.0
Workday Financial Management

Pros

  • Flexibility. ABAS is fully customizable. This allows us to create a work environment that is as custom as we are. Some ERP software packages force you to adopt their methods. With ABAS we can build the system the way we want it to work.
  • Adaptable. ABAS has the ability to work with other software packages and provide a seamless connection. We use Solid Works for our engineering designs. ABAS is connected to Solid Works and this eliminates transfer errors while reducing the time it takes for engineers to load bills of material.
  • Service. ABAS has well-trained service technicians. The time it takes to get a response is minimal and the network of knowledge their support group has, helps to streamline any tasks we may present or questions we may have.
Josh Schroeder profile photo
  • I really liked being able to put together reports for my supervisor by using the financial planning tools. I was able to show our actuals which then allowed my boss to talk more easily with our accounting department to plan future budgets.
No photo available

Cons

  • ABAS is headquartered in Germany with a US based headquarters in Virginia. Some of the programming structures were based on European methods that differed somewhat from the way business is done in the US. ABAS-USA has worked to modify the system so that it is in tune with US business practices and has made great strides in this effort. For the average user, the structures may go unnoticed, but for the more advanced user, some of the field names that are used for advanced reporting might be in German. However, ABAS-USA has recently been updating the programming language to be fully in English.
  • Because ABAS is growing rapidly, more complex customizations might take longer to complete than normal. ABAS appears to be bringing on even more technicians to handle the increased workload so the concern is waning.
Josh Schroeder profile photo
  • We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.
No photo available

Alternatives Considered

These other software packages all have strengths but for what we were looking for in one system, to handle most of our business processes, but also allow the flexibility to be customized (without the need to be placed on a "like to have" waiting list), ABAS gave us that ability, hands down.
Josh Schroeder profile photo
I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
No photo available

Return on Investment

  • ABAS has the capability to handle many of the processes that we did on various software platforms. Since we've been able to consolidate these platforms, the cost of subscriptions, maintenance and management hasve been reduced.
  • Efficiency was a noticeable impact right from the start. In the past, reports from one system had to be loaded into another in order to provide the analysis needed for business decisions. Connections to our design software also reduced the amount of time our engineers spent manually creating bills of material and purchase requisitions.
  • The ability to see what's happening in various business functions all in one place has helped with decision making and provided the data necessary to ask the right questions when arriving at those hard decisions.
Josh Schroeder profile photo
  • From my experience with it, it had a positive impact on our business by helping make smoother financial reports.
  • Easy to collaborate with others on building actual reports.
  • Made life easier for supervisors by allowing them to quickly and easily look over actual information, to move forward wth planning future budgets.
No photo available

Pricing Details

Abas ERP

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Additional Pricing Details

Workday Financial Management

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details