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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    AccountMate

    Score9 out of 10
    N/AAccountMate offers accounting software for small, midsize, or growing businesses. AccountMate SQL Software is specifically for businesses with high transaction volumes and heavy user loads. It can accommodate hundreds of simultaneous users, providing businesses with a comprehensive, real-time business and financial management solution. AccountMate Express Software is designed for businesses with up to five concurrent users that desire the stability and speed of a SQL database…N/A

    Workday Financial Management

    Score8.3 out of 10
    N/AWorkday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A
    Pricing
    AccountMateWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    AccountMateWorkday Financial Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    AccountMateWorkday Financial Management
    Considered Both Products
    AccountMate
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    96%
    Would buy again
    23 Answers
    Delivers good value for the price
    No answers on this topic
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    23 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    No answers on this topic
    89%
    Implementation went as expected
    17 Answers
    Features
    AccountMateWorkday Financial Management
    Payroll Management
    Comparison of Payroll Management features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    8.8
    1 Ratings
    15% above category average
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation10.01 Ratings8.323 Ratings
    Direct deposit files9.01 Ratings8.220 Ratings
    Salary revision and increment management8.01 Ratings00 Ratings
    Reimbursement management8.01 Ratings00 Ratings
    Benefit plan administration00 Ratings8.020 Ratings
    Security
    Comparison of Security features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    9.0
    1 Ratings
    10% above category average
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Single sign-on capability9.01 Ratings9.225 Ratings
    Role-based user permissions00 Ratings8.823 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    7.0
    1 Ratings
    11% below category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards6.01 Ratings8.127 Ratings
    Standard reports9.01 Ratings7.924 Ratings
    Custom reports6.01 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    7.6
    1 Ratings
    0% below category average
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable8.01 Ratings7.518 Ratings
    Accounts receivable9.01 Ratings6.918 Ratings
    Cash management7.01 Ratings00 Ratings
    Bank reconciliation8.01 Ratings00 Ratings
    Expense management9.01 Ratings00 Ratings
    Time tracking7.01 Ratings00 Ratings
    Multi-currency support7.01 Ratings00 Ratings
    Multi-division support9.01 Ratings00 Ratings
    Regulations compliance7.01 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Global Financial Support8.01 Ratings7.519 Ratings
    Intercompany Accounting5.01 Ratings00 Ratings
    Journals and Reconciliations8.01 Ratings7.716 Ratings
    Enterprise Accounting7.01 Ratings00 Ratings
    Configurable Accounting7.01 Ratings7.719 Ratings
    Standardized Processes7.01 Ratings7.920 Ratings
    Primary and Secondary Ledgers00 Ratings7.319 Ratings
    Inventory Management
    Comparison of Inventory Management features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    8.0
    1 Ratings
    9% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking9.01 Ratings7.611 Ratings
    Automatic reordering8.01 Ratings7.211 Ratings
    Manufacturing module7.01 Ratings00 Ratings
    Location management00 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    8.6
    1 Ratings
    15% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Pricing8.01 Ratings00 Ratings
    Order entry9.01 Ratings00 Ratings
    Credit card processing9.01 Ratings7.211 Ratings
    Cost of goods sold9.01 Ratings00 Ratings
    End-to-end order visibility8.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of AccountMate and Workday Financial Management
    Feature
    AccountMate
    9.0
    1 Ratings
    17% above category average
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    Plug-ins9.01 Ratings7.819 Ratings
    API for custom integration00 Ratings8.517 Ratings
    Best Alternatives
    AccountMateWorkday Financial Management
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Zoho One
    Score9.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Zoho One
    Score9.2 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    AccountMateWorkday Financial Management
    Likelihood to Recommend
    10.0
    (1 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (10 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (5 ratings)
    User Testimonials
    AccountMateWorkday Financial Management
    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.
    Incentivized
    Read full review
    Workday
    Workday is well suited for managing employees throughout their full life cycle. It excels at housing employee data from the start of their time with the company through their departure. Workday is less suited to payroll functions, which could be more robust.
    Incentivized
    Read full review
    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
    Incentivized
    Read full review
    Workday
    • The flexibility of going beyond handling the accounts, where we can handle cash, assets, and accounting simultaneously for the customer.
    • The single platform offers grants management where you can organize the lifecycle of the grants and synchronize it with any criteria of grant closing out scheme.
    • I personally liked Project billing with the essence of evaluating project revenue and nice reporting templates that can be shared with the customer at any stage of the project while having the flexibility of auditing the reported cost.
    Incentivized
    Read full review
    Cons
    AccountMate
    • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
    • True cloud-based solution is missing
    Incentivized
    Read full review
    Workday
    • Some of the Workday updates last till like 10 in the morning which prevents employees to clock in and check their times and some cases their schedules
    • Workday can work on opening documents quicker instead of taking couple of minutes or notifying the user when they are ready to download
    Incentivized
    Read full review
    Usability
    AccountMate
    No answers on this topic
    Workday
    Workday is easy enough navigate, as long as it is properly set up. With that said, it can be put together in a modular fashion as well, allowing for a very high degree of flexibility in terms of design and process delegation. Finally, it makes consolidation achievable in times previously unthinkable.
    Incentivized
    Read full review
    Support Rating
    AccountMate
    No answers on this topic
    Workday
    Our support team has been awesome. They are extremely knowledgeable and have been able to guide us through all of the challenges we have faced. Workday's community online is also extremely helpful with many trainings and help topics that can be reviewed at your convenience.
    Incentivized
    Read full review
    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).
    Incentivized
    Read full review
    Workday
    Despite Airtable also being easier to use one thing that differentiates and put forth Workday Financial Management tool above is it's key features and better suited functionality for handling confidential data. The other positive note where Workday Financial Management performs high is it key analytics tool that's easier to use and representation of information into insightful dashboards.
    Incentivized
    Read full review
    Return on Investment
    AccountMate
    • Allows us to quickly gain insight into the current and past performance of the company
    Incentivized
    Read full review
    Workday
    • We were able to combine 4 different HR modules into one system.
    • We reduced data breach incidents by 95% after shifting to Workday. One of our legacy softwares had vulnerabilities.
    • The initial learning curve was higher than projected. We spent about a week to 10 days extra time deploying it, which affected the profit center that year.
    Incentivized
    Read full review
    ScreenShots

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis