8 Ratings
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Score 8.8 out of 100
33 Ratings
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Score 7.9 out of 100

Likelihood to Recommend

Accounting Power

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue Management

Workday is a very innovative platform that offers plenty of options and resources to its users in their daily lives. I have used Workday in three of the organizations I have worked in the past for. I am also a current user of Workday through my employer. Workday is best suitable for any retail or customer-facing environments. More and more companies are using Workday to even have strong candidates apply for a job. This helps them navigate their way through a platform that they will be using in the near future.
Zahra Najib | TrustRadius Reviewer

Feature Rating Comparison

Security

Accounting Power
9.5
Workday Financial Management/Revenue Management
9.9
Single sign-on capability
Accounting Power
10.0
Workday Financial Management/Revenue Management
9.9
Role-based user permissions
Accounting Power
9.0
Workday Financial Management/Revenue Management
9.9

Reporting & Analytics

Accounting Power
8.0
Workday Financial Management/Revenue Management
9.8
Dashboards
Accounting Power
7.0
Workday Financial Management/Revenue Management
9.7
Custom reports
Accounting Power
9.0
Workday Financial Management/Revenue Management
9.7
Standard reports
Accounting Power
Workday Financial Management/Revenue Management
9.8

General Ledger and Configurable Accounting

Accounting Power
8.5
Workday Financial Management/Revenue Management
9.1
Accounts payable
Accounting Power
9.0
Workday Financial Management/Revenue Management
9.8
Accounts receivable
Accounting Power
9.0
Workday Financial Management/Revenue Management
9.8
Cash management
Accounting Power
8.0
Workday Financial Management/Revenue Management
Bank reconciliation
Accounting Power
10.0
Workday Financial Management/Revenue Management
Expense management
Accounting Power
9.0
Workday Financial Management/Revenue Management
8.0
Multi-division support
Accounting Power
6.0
Workday Financial Management/Revenue Management
Journals and Reconciliations
Accounting Power
8.0
Workday Financial Management/Revenue Management
9.8
Standardized Processes
Accounting Power
9.0
Workday Financial Management/Revenue Management
9.8
Global Financial Support
Accounting Power
Workday Financial Management/Revenue Management
8.8
Primary and Secondary Ledgers
Accounting Power
Workday Financial Management/Revenue Management
8.0
Intercompany Accounting
Accounting Power
Workday Financial Management/Revenue Management
8.0
Localizations
Accounting Power
Workday Financial Management/Revenue Management
8.0
Configurable Accounting
Accounting Power
Workday Financial Management/Revenue Management
9.8
Centralized Rules Framework
Accounting Power
Workday Financial Management/Revenue Management
9.8

Payroll Management

Accounting Power
Workday Financial Management/Revenue Management
9.7
Pay calculation
Accounting Power
Workday Financial Management/Revenue Management
9.7
Benefit plan administration
Accounting Power
Workday Financial Management/Revenue Management
9.7
Direct deposit files
Accounting Power
Workday Financial Management/Revenue Management
9.7
Salary revision and increment management
Accounting Power
Workday Financial Management/Revenue Management
9.7
Reimbursement management
Accounting Power
Workday Financial Management/Revenue Management
9.7

Customization

Accounting Power
Workday Financial Management/Revenue Management
8.0
API for custom integration
Accounting Power
Workday Financial Management/Revenue Management
8.0
Plug-ins
Accounting Power
Workday Financial Management/Revenue Management
8.0

Order Management

Accounting Power
Workday Financial Management/Revenue Management
10.0
Credit card processing
Accounting Power
Workday Financial Management/Revenue Management
10.0

Pros

Accounting Power

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue 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.
Anonymous | TrustRadius Reviewer

Cons

Accounting Power

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue Management

  • 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.
Anonymous | TrustRadius Reviewer

Usability

Accounting Power

Accounting Power 10.0
Based on 1 answer
It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue Management

No score
No answers yet
No answers on this topic

Support Rating

Accounting Power

Accounting Power 7.0
Based on 1 answer
Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue Management

No score
No answers yet
No answers on this topic

Alternatives Considered

Accounting Power

I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue Management

  • It is a simple and intuitive solution that can be customized for your specific needs.
  • It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
  • It offers a single version of the tool to meet the requirements of diverse companies.
  • It integrates seamlessly with a large number of business apps and systems.
Zahra Najib | TrustRadius Reviewer

Return on Investment

Accounting Power

  • Allowed for standardized processes
  • Improved efficiency in disbursement processing
  • Bank feed is easily broken
  • ACH payment options are not well established
Steven Brewer | TrustRadius Reviewer

Workday Financial Management/Revenue 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.
Anonymous | TrustRadius Reviewer

Screenshots

Workday Financial Management/Revenue Management

Pricing Details

Accounting Power

General

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

Workday Financial Management/Revenue Management

General

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

Rating Summary

Likelihood to Recommend

Accounting Power
9.0
Workday Financial Management/Revenue Management
9.8

Usability

Accounting Power
10.0
Workday Financial Management/Revenue Management

Support Rating

Accounting Power
7.0
Workday Financial Management/Revenue Management

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