Akaunting vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Akaunting
Score 5.0 out of 10
N/A
Akaunting is an online accounting software that enables the user to track income and expenses, from the company of the same name in Istanbul. The company offers a free version of its product.
$36
per month
Workday Financial Management
Score 8.3 out of 10
N/A
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations. By using an in-memory architecture and object data model,…N/A
Pricing
AkauntingWorkday Financial Management
Editions & Modules
Premium Cloud
$36
per month
No answers on this topic
Offerings
Pricing Offerings
AkauntingWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsDiscounts available for annual pricing.
More Pricing Information
Community Pulse
AkauntingWorkday Financial Management
Top Pros
Top Cons
Features
AkauntingWorkday Financial Management
Security
Comparison of Security features of Product A and Product B
Akaunting
7.0
1 Ratings
12% below category average
Workday Financial Management
8.8
21 Ratings
8% above category average
Role-based user permissions7.01 Ratings8.919 Ratings
Single sign-on capability00 Ratings8.821 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Akaunting
8.3
1 Ratings
11% above category average
Workday Financial Management
8.5
24 Ratings
20% above category average
Dashboards9.01 Ratings8.424 Ratings
Standard reports7.01 Ratings8.820 Ratings
Custom reports9.01 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Akaunting
6.0
1 Ratings
18% below category average
Workday Financial Management
8.5
20 Ratings
11% above category average
Accounts payable3.01 Ratings9.015 Ratings
Accounts receivable5.01 Ratings9.115 Ratings
Multi-currency support9.01 Ratings00 Ratings
Self-service portal5.01 Ratings00 Ratings
Localizations8.01 Ratings00 Ratings
Global Financial Support00 Ratings8.516 Ratings
Primary and Secondary Ledgers00 Ratings8.716 Ratings
Journals and Reconciliations00 Ratings8.913 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Standardized Processes00 Ratings9.017 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Akaunting
8.5
1 Ratings
18% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing9.01 Ratings00 Ratings
Order entry8.01 Ratings00 Ratings
Credit card processing8.01 Ratings9.110 Ratings
Cost of goods sold9.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Akaunting
10.0
1 Ratings
38% above category average
Workday Financial Management
8.2
17 Ratings
12% above category average
Plug-ins10.01 Ratings8.216 Ratings
API for custom integration00 Ratings8.314 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Akaunting
-
Ratings
Workday Financial Management
8.3
19 Ratings
14% above category average
Pay calculation00 Ratings8.519 Ratings
Benefit plan administration00 Ratings8.716 Ratings
Direct deposit files00 Ratings8.316 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Akaunting
-
Ratings
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking00 Ratings9.09 Ratings
Automatic reordering00 Ratings8.69 Ratings
Location management00 Ratings8.68 Ratings
Best Alternatives
AkauntingWorkday Financial Management
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.1 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AkauntingWorkday Financial Management
Likelihood to Recommend
5.0
(1 ratings)
8.7
(24 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
8.0
(1 ratings)
9.5
(5 ratings)
Support Rating
5.0
(1 ratings)
9.7
(5 ratings)
User Testimonials
AkauntingWorkday Financial Management
Likelihood to Recommend
Akaunting
If anyone is searching for cloud-based Accounting software and have never used any accounting software before, then Akaunting is perfect for them. They can easily use it which will help me a lot. It has a beautiful UI and a simple one which makes it easy to use for everyone. A small business and a starting business are a good fit for this software.
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.
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Pros
Akaunting
  • Easy to use.
  • Can be installed into own hosting.
  • Have lots of features.
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.
Read full review
Cons
Akaunting
  • They should make their add ons more cheaper.
  • And they should make few add ons free which are essential.
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
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Usability
Akaunting
Because I loved this software and I want others to know about it too, it will surely help many others who are searching for simple accounting software like I was searching some time ago.
Read full review
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.
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Support Rating
Akaunting
I have never tried to call their support, but checking their documentation and FAQs, etc helped me a lot so they deserved this rating...
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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.
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Alternatives Considered
Akaunting
It is very easy to use and get started with. It can be installed into my own hosting easily and is open source too which means I can add more features myself if I know programming.
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.
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Return on Investment
Akaunting
  • Akaunting has helped me a lot since I started using it.
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.
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ScreenShots