What users are saying about
87 Ratings
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Score 7.2 out of 101
26 Ratings
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Score 8.3 out of 101

Likelihood to Recommend

Ariba Procurement

Ariba Procurement is an end to end product cloud-based product. With this tool, we can collaborate and share internally, collaborate and share with suppliers on a single platform, track events and get alerts – this feature is useful for risk management. On the other hand, there is no hesitation to recommend this product.
Prabhjyot Singh profile photo

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 profile photo

Feature Rating Comparison

Payroll Management

Ariba Procurement
Workday Financial Management
8.6
Pay calculation
Ariba Procurement
Workday Financial Management
8.6
Benefit plan administration
Ariba Procurement
Workday Financial Management
8.6
Direct deposit files
Ariba Procurement
Workday Financial Management
8.6
Salary revision and increment management
Ariba Procurement
Workday Financial Management
8.6
Reimbursement management
Ariba Procurement
Workday Financial Management
8.6

Customization

Ariba Procurement
Workday Financial Management
8.0
API for custom integration
Ariba Procurement
Workday Financial Management
8.0
Plug-ins
Ariba Procurement
Workday Financial Management
8.0

Security

Ariba Procurement
Workday Financial Management
9.5
Single sign-on capability
Ariba Procurement
Workday Financial Management
9.5
Role-based user permissions
Ariba Procurement
Workday Financial Management
9.5

Reporting & Analytics

Ariba Procurement
Workday Financial Management
8.7
Dashboards
Ariba Procurement
Workday Financial Management
8.6
Standard reports
Ariba Procurement
Workday Financial Management
9.1
Custom reports
Ariba Procurement
Workday Financial Management
8.6

General Ledger and Configurable Accounting

Ariba Procurement
Workday Financial Management
8.6
Accounts payable
Ariba Procurement
Workday Financial Management
9.1
Accounts receivable
Ariba Procurement
Workday Financial Management
9.1
Expense management
Ariba Procurement
Workday Financial Management
8.0
Global Financial Support
Ariba Procurement
Workday Financial Management
8.1
Primary and Secondary Ledgers
Ariba Procurement
Workday Financial Management
8.0
Intercompany Accounting
Ariba Procurement
Workday Financial Management
8.0
Localizations
Ariba Procurement
Workday Financial Management
8.0
Journals and Reconciliations
Ariba Procurement
Workday Financial Management
9.1
Configurable Accounting
Ariba Procurement
Workday Financial Management
9.1
Centralized Rules Framework
Ariba Procurement
Workday Financial Management
9.1
Standardized Processes
Ariba Procurement
Workday Financial Management
9.1

Order Management

Ariba Procurement
Workday Financial Management
10.0
Credit card processing
Ariba Procurement
Workday Financial Management
10.0

Pros

Ariba Procurement

  • Eases work of monitoring quotes pendency.
  • Facilitates ease of comparison between different vendor quotes.
  • Ease of invoicing and Purchase Order creation.
  • Good platform to keep track of all work flow stages of procurement, as in which order is in which stage and compare delivery pendency.
Prashant Choudhary profile photo

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.
No photo available

Cons

Ariba Procurement

  • Ariba Procurement could be more user-friendly. Currently, it requires at least 1-hour to train external users to enter their own invoices in the system.
  • Ariba Procurement could improve on the eSourcing module, making it simpler for suppliers to gain access and participate in the events.
  • Ariba Procurement could improve the SAP > Ariba communication. Certain actions done in SAP are not communicated back to Ariba.
  • The Credit Memo process could improve. When credits are created (CM-CWT) they are reflected in Ariba, but SAP does not fund the actual order.
Adriana Paez profile photo

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.
No photo available

Usability

Ariba Procurement

Ariba Procurement 9.0
Based on 1 answer
Ariba is one of the most user-friendly and flexible tools for eSourcing, vendor management, and tracking purchase orders by end-users. It integrates multiple departments and functionalities in an organization. Purchase orders get approved, processed and placed within no time.
No photo available

Workday Financial Management

No score
No answers yet
No answers on this topic

Support

Ariba Procurement

Ariba Procurement 7.5
Based on 2 answers
There were quite a number of times where I had login issues with the site for no reason at all, there are sometimes bugs on the home screen that you have to refresh the web page to get rid of, Ariba support needs to up their game, for this is a software being employed in big leagues and has to be developed to stay worthy of it.
Prashant Choudhary profile photo

Workday Financial Management

No score
No answers yet
No answers on this topic

Alternatives Considered

Ariba Procurement

Ariba is a cloud-based sourcing and procurement system. It supports strategic solutions such as a request for information (RFI), request for proposal (RFP), and request for quotation (RFQ) as well as e-auction services. A cloud-based spend management software solution designed to help companies control spending and achieve goals. Precoro is a customization and simple spend and supplier relationship management software which provides purchase-to-pay and spend analytics for SMBs. It helps in selection and ordering, purchase order approval and delivery and billing.
Prabhjyot Singh profile photo

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 profile photo

Return on Investment

Ariba Procurement

  • It's helped in reducing supply chain operational costs.
  • Positive: It's cut down on unintended cash flows having a better and formalized payment terms.
  • Positive: It controls unnecessary spending and improve transparency. Now suppliers who cannot meet up with demands are easily disqualified from the process. Also helping to stick with just your preferred specs.
No photo available

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.
No photo available

Pricing Details

Ariba Procurement

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

Ariba Procurement
8.5
Workday Financial Management
9.0

Usability

Ariba Procurement
9.0
Workday Financial Management

Support

Ariba Procurement
7.5
Workday Financial Management

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