What users are saying about
7 Ratings
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Score 7.2 out of 101
22 Ratings
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Score 8.5 out of 101

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

It was suited for our brand new operation; we 'opened the box' and implemented it from scratch and did not have to sunset older systems and replace with Workday Financial Management. This was well-suited for this. The cloud functionality was a core requirement for the organization, we did not need a Cadillac with all of the trimmings, we moved relatively quickly and installed.
No photo available

Feature Rating Comparison

Customization

Abas ERP
9.0
Workday Financial Management
8.0
API for custom integration
Abas ERP
9.0
Workday Financial Management
8.0
Plug-ins
Abas ERP
9.0
Workday Financial Management
8.0

Security

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

Reporting & Analytics

Abas ERP
8.0
Workday Financial Management
7.4
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
7.1

General Ledger and Configurable Accounting

Abas ERP
8.0
Workday Financial Management
7.9
Accounts payable
Abas ERP
7.0
Workday Financial Management
8.0
Accounts receivable
Abas ERP
7.0
Workday Financial Management
8.0
Global Financial Support
Abas ERP
9.0
Workday Financial Management
7.0
Primary and Secondary Ledgers
Abas ERP
9.0
Workday Financial Management
8.0
Intercompany Accounting
Abas ERP
8.0
Workday Financial Management
8.0
Localizations
Abas ERP
9.0
Workday Financial Management
8.0
Journals and Reconciliations
Abas ERP
9.0
Workday Financial Management
8.0
Enterprise Accounting
Abas ERP
8.0
Workday Financial Management
Configurable Accounting
Abas ERP
8.0
Workday Financial Management
8.0
Centralized Rules Framework
Abas ERP
7.0
Workday Financial Management
8.0
Standardized Processes
Abas ERP
7.0
Workday Financial Management
8.0
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

Payroll Management

Abas ERP
Workday Financial Management
7.0
Pay calculation
Abas ERP
Workday Financial Management
7.0
Benefit plan administration
Abas ERP
Workday Financial Management
7.0
Direct deposit files
Abas ERP
Workday Financial Management
7.0
Salary revision and increment management
Abas ERP
Workday Financial Management
7.0
Reimbursement management
Abas ERP
Workday Financial Management
7.0

Pros

Abas ERP

  • 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

Workday Financial Management

  • We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
  • It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
  • The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.
No photo available

Cons

Abas ERP

  • 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

Workday Financial Management

  • We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
  • The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
  • Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.
No photo available

Alternatives Considered

Abas ERP

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

Workday Financial Management

Stacking up it was a faster and more inexpensive implementation. Granted it was still early in the system development years, but the results and the five years of using it speak for themselves. Cloud we wanted, comprehensive financials was a core functional requirement and this was met - it would have taken much longer to implement Workday's competitor systems and we did not have that flexibility. Adding new functionality was relatively painless.
No photo available

Return on Investment

Abas ERP

  • 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

Workday Financial Management

  • As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
  • With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
  • It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.
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

Add comparison