What users are saying about
24 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.5 out of 100
27 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 7.8 out of 100

Likelihood to Recommend

Acumatica

We work with clients from various fields and have not yet encountered cases where Acumatica is not suitable. It can be customized for any business. Some business-process a harder for customization but basically, everything is solvable.
Anonymous | 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

Acumatica
9.2
Workday Financial Management
9.4
Pay calculation
Acumatica
9.2
Workday Financial Management
9.4
Benefit plan administration
Acumatica
9.2
Workday Financial Management
9.4
Direct deposit files
Acumatica
9.5
Workday Financial Management
9.4
Salary revision and increment management
Acumatica
9.5
Workday Financial Management
9.4
Reimbursement management
Acumatica
8.9
Workday Financial Management
9.4

Customization

Acumatica
8.6
Workday Financial Management
8.0
API for custom integration
Acumatica
8.8
Workday Financial Management
8.0
Plug-ins
Acumatica
8.5
Workday Financial Management
8.0

Security

Acumatica
9.1
Workday Financial Management
9.8
Single sign-on capability
Acumatica
9.3
Workday Financial Management
9.8
Role-based user permissions
Acumatica
9.0
Workday Financial Management
9.8

Reporting & Analytics

Acumatica
7.9
Workday Financial Management
9.4
Dashboards
Acumatica
8.2
Workday Financial Management
9.4
Standard reports
Acumatica
7.3
Workday Financial Management
9.6
Custom reports
Acumatica
8.2
Workday Financial Management
9.4

General Ledger and Configurable Accounting

Acumatica
8.7
Workday Financial Management
8.9
Accounts payable
Acumatica
8.6
Workday Financial Management
9.6
Accounts receivable
Acumatica
8.2
Workday Financial Management
9.6
Global Financial Support
Acumatica
9.1
Workday Financial Management
8.6
Primary and Secondary Ledgers
Acumatica
8.5
Workday Financial Management
8.0
Intercompany Accounting
Acumatica
8.9
Workday Financial Management
8.0
Localizations
Acumatica
9.1
Workday Financial Management
8.0
Journals and Reconciliations
Acumatica
8.6
Workday Financial Management
9.6
Enterprise Accounting
Acumatica
8.5
Workday Financial Management
Configurable Accounting
Acumatica
8.7
Workday Financial Management
9.6
Centralized Rules Framework
Acumatica
8.6
Workday Financial Management
9.6
Standardized Processes
Acumatica
8.6
Workday Financial Management
9.6
Expense management
Acumatica
Workday Financial Management
8.0

Inventory Management

Acumatica
9.2
Workday Financial Management
Inventory tracking
Acumatica
9.4
Workday Financial Management
Automatic reordering
Acumatica
9.0
Workday Financial Management
Location management
Acumatica
9.4
Workday Financial Management
Manufacturing module
Acumatica
9.2
Workday Financial Management

Order Management

Acumatica
8.7
Workday Financial Management
10.0
Pricing
Acumatica
8.5
Workday Financial Management
Order entry
Acumatica
8.3
Workday Financial Management
Credit card processing
Acumatica
8.5
Workday Financial Management
10.0
Cost of goods sold
Acumatica
8.5
Workday Financial Management
Order Orchestration
Acumatica
8.9
Workday Financial Management
End-to-end order visibility
Acumatica
8.9
Workday Financial Management
Order exception Resolution
Acumatica
9.5
Workday Financial Management

Subledger and Financial Process

Acumatica
8.7
Workday Financial Management
Automated Invoice Processing
Acumatica
8.5
Workday Financial Management
Shared Services Payments
Acumatica
8.6
Workday Financial Management
Billings Management
Acumatica
8.9
Workday Financial Management
Customer Receipt Applications
Acumatica
8.9
Workday Financial Management
Customer Collections
Acumatica
8.5
Workday Financial Management
Revenue Recognition
Acumatica
9.1
Workday Financial Management
Cash Management
Acumatica
8.7
Workday Financial Management
Asset Management
Acumatica
8.5
Workday Financial Management
Travel & Expense Management
Acumatica
8.4
Workday Financial Management
Budgetary Control & Encumbrance Accounting
Acumatica
8.7
Workday Financial Management
Period Close
Acumatica
8.7
Workday Financial Management
Transactions Tax
Acumatica
8.8
Workday Financial Management
Subledger Reconciliations
Acumatica
8.7
Workday Financial Management
3rd Party Accounting Systems
Acumatica
9.2
Workday Financial Management

Project Financial Management

Acumatica
9.2
Workday Financial Management
Budgeting and Forecasting
Acumatica
7.7
Workday Financial Management
Project Costing
Acumatica
8.9
Workday Financial Management
Cost Capture
Acumatica
8.9
Workday Financial Management
Capital Project Management
Acumatica
9.5
Workday Financial Management
Customer Invoicing
Acumatica
9.5
Workday Financial Management
Customer Contract Compliance
Acumatica
9.2
Workday Financial Management
Project Revenue Recognition
Acumatica
8.9
Workday Financial Management
Project Financial Performance Analysis
Acumatica
9.1
Workday Financial Management
Project Financials Dashboard
Acumatica
9.7
Workday Financial Management
Real-time Financial Reporting
Acumatica
9.7
Workday Financial Management
Embedded Business Intelligence
Acumatica
9.5
Workday Financial Management
Project Planning Collaboration
Acumatica
9.5
Workday Financial Management

Project Execution Management

Acumatica
8.0
Workday Financial Management
Project Planning and Scheduling
Acumatica
8.0
Workday Financial Management
Project Manager Dashboard
Acumatica
8.0
Workday Financial Management
Resource Manager Dashboard
Acumatica
8.0
Workday Financial Management
Task Insight for Project Managers
Acumatica
8.0
Workday Financial Management
Team Member Task Collaboration
Acumatica
7.0
Workday Financial Management
Talent Profiles
Acumatica
9.0
Workday Financial Management
Real-Time Project Reporting
Acumatica
8.0
Workday Financial Management

Grants Management

Acumatica
7.8
Workday Financial Management
Award Lifecycle Management
Acumatica
7.0
Workday Financial Management
Spending Control
Acumatica
8.0
Workday Financial Management
Indirect Cost Management
Acumatica
8.0
Workday Financial Management
Billing
Acumatica
8.0
Workday Financial Management

Procurement

Acumatica
7.7
Workday Financial Management
Sourcing Team Collaboration
Acumatica
6.6
Workday Financial Management
Sourcing Analysis
Acumatica
8.0
Workday Financial Management
Bids Analyzed and Compared
Acumatica
8.0
Workday Financial Management
Catalog Shopping E-Commerce for Employees
Acumatica
7.0
Workday Financial Management
Invoice Automated Matching
Acumatica
7.0
Workday Financial Management
Requisitions-to-Purchase Orders Integrated
Acumatica
9.0
Workday Financial Management
Supplier Assessment
Acumatica
8.0
Workday Financial Management
Supplier Management
Acumatica
9.0
Workday Financial Management
Supplier Portal
Acumatica
7.0
Workday Financial Management

Logistics

Acumatica
9.2
Workday Financial Management
Transportation Planning and Optimization
Acumatica
9.2
Workday Financial Management
Transportation Sourcing Management
Acumatica
9.2
Workday Financial Management
Transportation Process Integration
Acumatica
10.0
Workday Financial Management
Transportation Execution Management
Acumatica
10.0
Workday Financial Management
Trade Management
Acumatica
8.0
Workday Financial Management
Customs Entry Management
Acumatica
9.5
Workday Financial Management
Customs Document Management
Acumatica
9.5
Workday Financial Management
Customs Document Collaboration
Acumatica
9.5
Workday Financial Management
Fulfillment Management
Acumatica
8.0
Workday Financial Management
Inventory Visibility
Acumatica
8.0
Workday Financial Management
Warehouse Workforce Management
Acumatica
10.0
Workday Financial Management

Manufacturing

Acumatica
8.8
Workday Financial Management
Production Process Design
Acumatica
9.2
Workday Financial Management
Supply Chain Business Flows
Acumatica
9.2
Workday Financial Management
Production Management
Acumatica
8.9
Workday Financial Management
Contracted Manufacturing Management
Acumatica
9.5
Workday Financial Management
Configuration Management
Acumatica
9.2
Workday Financial Management
Work Definition
Acumatica
8.7
Workday Financial Management
Work Execution
Acumatica
8.7
Workday Financial Management
Advanced Fulfillment
Acumatica
8.3
Workday Financial Management
Manufacturing Costs
Acumatica
7.7
Workday Financial Management

Supply Chain

Acumatica
9.2
Workday Financial Management
Forecasting
Acumatica
8.6
Workday Financial Management
Inventory Planning
Acumatica
8.6
Workday Financial Management
Multi-tier Supply Chain Planning
Acumatica
9.5
Workday Financial Management
Performance Monitoring
Acumatica
10.0
Workday Financial Management

Product Lifecycle Management

Acumatica
8.9
Workday Financial Management
Ideation Management
Acumatica
10.0
Workday Financial Management
Requirements Management
Acumatica
10.0
Workday Financial Management
Proposal Management
Acumatica
9.5
Workday Financial Management
Product Master Data Management
Acumatica
9.0
Workday Financial Management
Vendor Portal
Acumatica
7.0
Workday Financial Management
Project Portfolio Management
Acumatica
8.0
Workday Financial Management

Pros

Acumatica

  • Expense reporting - enabled by a smartphone, you can image receipts and create claims quickly
  • Chart of accounts - being able to drill down in an expense category to see the individual claims that make up the total is helpful
  • Reporting - I appreciate the ability to pull a standard report and export to Excel quickly and easily
Anonymous | 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

Acumatica

  • Email integration: Horribly clunky, requires users to share email password with Acumatica to allow use of outbound emails. Should be using a more secure method like access tokens.
  • Expense approval process: Once expense claims are approved, approvers (depending on role) can no longer see the approved/denied claims. Denial of claims requires a manual email/call to submitter instructing them to correct and resubmit the claim.
  • CRM: Allow for tracking of cases by the opportunity in addition to business accounts. This would allow for more accurate tracking of issues related to specific opportunities.
Anonymous | 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

Likelihood to Renew

Acumatica

Acumatica 9.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Alternatives Considered

Acumatica

Acumatica trumps over QuickBooks Enterprise Solutions in many ways. First, Acumatica being in the cloud has given us agility in accessing the platform anywhere and anytime. Second, the dashboard creation feature of Acumatica has given us the ability to customize each dashboard of each of our employees. Lastly, the CRM solution of Acumatica enables us to track, manage, and monitor our sales team.
Parker Ong | 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

Acumatica

  • Acumatica has saved us so much time, previously having multiple disparate systems for handling our many processes. Now we have one fully integrated system saving us time and money.
Nicole Ronchetti | 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

Acumatica

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

Acumatica
8.6
Workday Financial Management
9.6

Likelihood to Renew

Acumatica
9.0
Workday Financial Management

Add comparison