What users are saying about
3 Ratings
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Score 10 out of 100
27 Ratings
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Score 7.8 out of 100

Likelihood to Recommend

AccountMate

AccountMate is a great product for wholesale and distributors. It manages the inventory cycles comprehensively, from purchasing to stocking, to sales and delivery. There are a great many tools available to manage inventory, properties, and financials. The availability to have third-party add-ons offers even greater opportunities to meet the needs of the end-user.The system is not really suited for certain types of service industries: legal, medical, and those businesses that invoice on time.
Les Kule | TrustRadius Reviewer

Workday Financial 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

Payroll Management

AccountMate
8.8
Workday Financial Management
9.4
Pay calculation
AccountMate
10.0
Workday Financial Management
9.4
Direct deposit files
AccountMate
9.0
Workday Financial Management
9.4
Salary revision and increment management
AccountMate
8.0
Workday Financial Management
9.4
Reimbursement management
AccountMate
8.0
Workday Financial Management
9.4
Benefit plan administration
AccountMate
Workday Financial Management
9.4

Security

AccountMate
9.0
Workday Financial Management
9.8
Single sign-on capability
AccountMate
9.0
Workday Financial Management
9.8
Role-based user permissions
AccountMate
Workday Financial Management
9.8

Reporting & Analytics

AccountMate
7.0
Workday Financial Management
9.5
Dashboards
AccountMate
6.0
Workday Financial Management
9.4
Standard reports
AccountMate
9.0
Workday Financial Management
9.6
Custom reports
AccountMate
6.0
Workday Financial Management
9.4

General Ledger and Configurable Accounting

AccountMate
7.6
Workday Financial Management
8.9
Accounts payable
AccountMate
8.0
Workday Financial Management
9.6
Accounts receivable
AccountMate
9.0
Workday Financial Management
9.6
Cash management
AccountMate
7.0
Workday Financial Management
Bank reconciliation
AccountMate
8.0
Workday Financial Management
Expense management
AccountMate
9.0
Workday Financial Management
8.0
Time tracking
AccountMate
7.0
Workday Financial Management
Multi-currency support
AccountMate
7.0
Workday Financial Management
Multi-division support
AccountMate
9.0
Workday Financial Management
Regulations compliance
AccountMate
7.0
Workday Financial Management
Electronic tax filing
AccountMate
8.0
Workday Financial Management
Global Financial Support
AccountMate
8.0
Workday Financial Management
8.6
Intercompany Accounting
AccountMate
5.0
Workday Financial Management
8.0
Journals and Reconciliations
AccountMate
8.0
Workday Financial Management
9.6
Enterprise Accounting
AccountMate
7.0
Workday Financial Management
Configurable Accounting
AccountMate
7.0
Workday Financial Management
9.6
Standardized Processes
AccountMate
7.0
Workday Financial Management
9.6
Primary and Secondary Ledgers
AccountMate
Workday Financial Management
8.0
Localizations
AccountMate
Workday Financial Management
8.0
Centralized Rules Framework
AccountMate
Workday Financial Management
9.6

Inventory Management

AccountMate
8.0
Workday Financial Management
Inventory tracking
AccountMate
9.0
Workday Financial Management
Automatic reordering
AccountMate
8.0
Workday Financial Management
Manufacturing module
AccountMate
7.0
Workday Financial Management

Order Management

AccountMate
8.6
Workday Financial Management
10.0
Pricing
AccountMate
8.0
Workday Financial Management
Order entry
AccountMate
9.0
Workday Financial Management
Credit card processing
AccountMate
9.0
Workday Financial Management
10.0
Cost of goods sold
AccountMate
9.0
Workday Financial Management
End-to-end order visibility
AccountMate
8.0
Workday Financial Management

Customization

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

Pros

AccountMate

  • Ease of use
  • Ability to easily adapt the solution to fit the needs of the end user
  • Integration of data across different platforms
Les Kule | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

Cons

AccountMate

  • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
  • True cloud-based solution is missing
Les Kule | TrustRadius Reviewer

Workday Financial 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

Alternatives Considered

AccountMate

We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).
Les Kule | TrustRadius Reviewer

Workday Financial 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

AccountMate

  • Allows us to quickly gain insight into the current and past performance of the company
Les Kule | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

Pricing Details

AccountMate

General

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

Workday Financial Management

General

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

Rating Summary

Likelihood to Recommend

AccountMate
10.0
Workday Financial Management
9.6

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