Aptean Encompix ERP vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Aptean Encompix ERP
Score 4.0 out of 10
N/A
Aptean Encompix ERP is an enterprise resource planning software solution. It is built specifically for engineer-to-order and custom manufacturers that design and build complex, custom products.N/A
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
Aptean Encompix ERPWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Aptean Encompix ERPWorkday 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
Aptean Encompix ERPWorkday Financial Management
Top Pros
Top Cons
Features
Aptean Encompix ERPWorkday Financial Management
Customization
Comparison of Customization features of Product A and Product B
Aptean Encompix ERP
6.0
1 Ratings
19% below category average
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration6.01 Ratings8.314 Ratings
Plug-ins00 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Aptean Encompix ERP
7.0
1 Ratings
15% below category average
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability7.01 Ratings8.720 Ratings
Role-based user permissions7.01 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Aptean Encompix ERP
6.0
1 Ratings
15% below category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Standard reports7.01 Ratings8.820 Ratings
Custom reports5.01 Ratings8.418 Ratings
Dashboards00 Ratings8.423 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Aptean Encompix ERP
7.0
1 Ratings
9% below category average
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable7.01 Ratings9.015 Ratings
Accounts receivable7.01 Ratings9.115 Ratings
Standardized Processes7.01 Ratings8.916 Ratings
Global Financial Support00 Ratings8.516 Ratings
Primary and Secondary Ledgers00 Ratings8.716 Ratings
Journals and Reconciliations00 Ratings8.813 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Aptean Encompix ERP
7.0
1 Ratings
12% below category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking8.01 Ratings9.09 Ratings
Automatic reordering7.01 Ratings8.69 Ratings
Location management7.01 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Aptean Encompix ERP
6.7
1 Ratings
15% below category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing6.01 Ratings00 Ratings
Order entry7.01 Ratings00 Ratings
Credit card processing00 Ratings9.110 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Aptean Encompix ERP
6.8
1 Ratings
9% below category average
Workday Financial Management
-
Ratings
Billing Management7.01 Ratings00 Ratings
Cash and Asset Management7.01 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Aptean Encompix ERP
7.0
1 Ratings
8% below category average
Workday Financial Management
-
Ratings
Project Revenue Recognition7.01 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Aptean Encompix ERP
6.0
1 Ratings
13% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling5.01 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Aptean Encompix ERP
6.9
1 Ratings
1% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared7.01 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated7.01 Ratings00 Ratings
Supplier Management7.01 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Aptean Encompix ERP
6.0
1 Ratings
8% below category average
Workday Financial Management
-
Ratings
Control Management6.01 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Aptean Encompix ERP
6.5
1 Ratings
5% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization6.01 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Aptean Encompix ERP
6.0
1 Ratings
19% below category average
Workday Financial Management
-
Ratings
Inventory Planning6.01 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Aptean Encompix ERP
7.0
1 Ratings
4% below category average
Workday Financial Management
-
Ratings
Proposal Management7.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Aptean Encompix ERP
-
Ratings
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation00 Ratings8.418 Ratings
Benefit plan administration00 Ratings8.716 Ratings
Direct deposit files00 Ratings8.316 Ratings
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User Ratings
Aptean Encompix ERPWorkday Financial Management
Likelihood to Recommend
6.0
(1 ratings)
8.6
(23 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.5
(5 ratings)
Support Rating
-
(0 ratings)
9.6
(5 ratings)
User Testimonials
Aptean Encompix ERPWorkday Financial Management
Likelihood to Recommend
Aptean
If an organization often makes standard products and purchases standard material for those products, then this ERP suits well for such scenarios, where there is a standard list of material - which can be used to build Item Master records in Encompix. And it's well suited for companies which do keep inventory / stock. Not well suited if the organization doesn't have item masters, and every product is a custom product.
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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
Aptean
  • Materials or purchasing module is good
  • Accounting and milestone payments are easy to use
  • Purchases are very detailed, and we can see when any line item has been ordered or received
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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.
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Cons
Aptean
  • Scheduling module - we had initially expected this ERP system to handle the scheduling part for us, but it is not easy to do customization to the extent needed for us.
  • Technical or the implementation team support can be improved, as it is not up to the standard.
  • Not well suited for Engineer to Order / custom product manufacturing companies.
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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
Aptean
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.
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Support Rating
Aptean
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.
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Alternatives Considered
Aptean
Materials module in Encompix ERP is more robust over the Abas ERP. We had previously used Abas before Encompix, and the reports are more robust in Encompix, and custom reports were possible. Bill of Materials can be uploaded in Encompix, unlike Abas. Item Masters feature was available. Vendor cross reference and performance tracking are some good features as well.
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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
Aptean
  • We had to spend lot of time and effort in making it work for our company.
  • Scheduling still needs to be fixed, we are trying beta version of the system now.
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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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