11 Ratings
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Score 7.4 out of 100
56 Ratings
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Score 8.1 out of 100

Feature Set Ratings

    Budgeting, Planning, and Forecasting

    6.7

    Axiom Software by Syntellis Performance Solutions

    67%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Axiom Software by Syntellis Performance Solutions ranks higher in 5/5 features

    Long-term financial planning

    6.6
    66%
    4 Ratings
    N/A
    0 Ratings

    Financial budgeting

    8.6
    86%
    6 Ratings
    N/A
    0 Ratings

    Forecasting

    6.0
    60%
    5 Ratings
    N/A
    0 Ratings

    Scenario modeling

    4.7
    47%
    5 Ratings
    N/A
    0 Ratings

    Management reporting

    7.7
    77%
    5 Ratings
    N/A
    0 Ratings

    Consolidation and Close

    5.8

    Axiom Software by Syntellis Performance Solutions

    58%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Axiom Software by Syntellis Performance Solutions ranks higher in 3/3 features

    Financial data consolidation

    4.4
    44%
    3 Ratings
    N/A
    0 Ratings

    Local and consolidated reporting

    6.7
    67%
    5 Ratings
    N/A
    0 Ratings

    Detailed Audit Trails

    6.2
    62%
    5 Ratings
    N/A
    0 Ratings

    Financial Reporting and Compliance

    6.5

    Axiom Software by Syntellis Performance Solutions

    65%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Axiom Software by Syntellis Performance Solutions ranks higher in 5/5 features

    Financial Statement Reporting

    8.2
    82%
    5 Ratings
    N/A
    0 Ratings

    Management Reporting

    6.9
    69%
    5 Ratings
    N/A
    0 Ratings

    Excel-based Reporting

    6.0
    60%
    5 Ratings
    N/A
    0 Ratings

    Automated board and financial reporting

    5.3
    53%
    4 Ratings
    N/A
    0 Ratings

    XBRL support for regulatory filing

    5.9
    59%
    2 Ratings
    N/A
    0 Ratings

    Analytics and Reporting

    4.6

    Axiom Software by Syntellis Performance Solutions

    46%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Axiom Software by Syntellis Performance Solutions ranks higher in 6/6 features

    Personalized dashboards

    4.7
    47%
    5 Ratings
    N/A
    0 Ratings

    Color-coded scorecards

    6.2
    62%
    4 Ratings
    N/A
    0 Ratings

    KPIs

    6.2
    62%
    4 Ratings
    N/A
    0 Ratings

    Cost and profitability analysis

    1.0
    10%
    3 Ratings
    N/A
    0 Ratings

    Key Performance Indicator setting

    5.3
    53%
    3 Ratings
    N/A
    0 Ratings

    Benchmarking with external data

    4.0
    40%
    3 Ratings
    N/A
    0 Ratings

    Integration

    7.1

    Axiom Software by Syntellis Performance Solutions

    71%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Axiom Software by Syntellis Performance Solutions ranks higher in 3/3 features

    Flat file integration

    6.4
    64%
    5 Ratings
    N/A
    0 Ratings

    Excel data integration

    8.7
    87%
    4 Ratings
    N/A
    0 Ratings

    Direct links to 3rd-party data sources

    6.2
    62%
    4 Ratings
    N/A
    0 Ratings

    Payroll Management

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    8.1

    Workday Financial Management

    81%
    Workday Financial Management ranks higher in 5/5 features

    Pay calculation

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Benefit plan administration

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Direct deposit files

    N/A
    0 Ratings
    8.5
    85%
    4 Ratings

    Salary revision and increment management

    N/A
    0 Ratings
    8.0
    80%
    3 Ratings

    Reimbursement management

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Customization

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    8.8

    Workday Financial Management

    88%
    Workday Financial Management ranks higher in 2/2 features

    API for custom integration

    N/A
    0 Ratings
    8.7
    87%
    4 Ratings

    Plug-ins

    N/A
    0 Ratings
    9.0
    90%
    4 Ratings

    Security

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    9.3

    Workday Financial Management

    93%
    Workday Financial Management ranks higher in 2/2 features

    Single sign-on capability

    N/A
    0 Ratings
    9.5
    95%
    6 Ratings

    Role-based user permissions

    N/A
    0 Ratings
    9.0
    90%
    5 Ratings

    Reporting & Analytics

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    8.9

    Workday Financial Management

    89%
    Workday Financial Management ranks higher in 3/3 features

    Dashboards

    N/A
    0 Ratings
    9.0
    90%
    7 Ratings

    Standard reports

    N/A
    0 Ratings
    8.8
    88%
    7 Ratings

    Custom reports

    N/A
    0 Ratings
    9.0
    90%
    7 Ratings

    General Ledger and Configurable Accounting

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    7.9

    Workday Financial Management

    79%
    Workday Financial Management ranks higher in 10/10 features

    Accounts payable

    N/A
    0 Ratings
    7.0
    70%
    4 Ratings

    Accounts receivable

    N/A
    0 Ratings
    7.0
    70%
    4 Ratings

    Global Financial Support

    N/A
    0 Ratings
    8.3
    83%
    5 Ratings

    Primary and Secondary Ledgers

    N/A
    0 Ratings
    8.3
    83%
    5 Ratings

    Intercompany Accounting

    N/A
    0 Ratings
    8.5
    85%
    5 Ratings

    Localizations

    N/A
    0 Ratings
    7.5
    75%
    3 Ratings

    Journals and Reconciliations

    N/A
    0 Ratings
    6.5
    65%
    4 Ratings

    Configurable Accounting

    N/A
    0 Ratings
    9.0
    90%
    6 Ratings

    Centralized Rules Framework

    N/A
    0 Ratings
    8.5
    85%
    6 Ratings

    Standardized Processes

    N/A
    0 Ratings
    8.5
    85%
    6 Ratings

    Inventory Management

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    9.0

    Workday Financial Management

    90%
    Workday Financial Management ranks higher in 3/3 features

    Inventory tracking

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Automatic reordering

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Location management

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Order Management

    Axiom Software by Syntellis Performance Solutions

    Feature Set Not Supported
    N/A
    8.5

    Workday Financial Management

    85%
    Workday Financial Management ranks higher in 1/1 features

    Credit card processing

    N/A
    0 Ratings
    8.5
    85%
    3 Ratings

    Attribute Ratings

    • Workday Financial Management is rated higher in 2 areas: Likelihood to Recommend, Support Rating

    Likelihood to Recommend

    6.9

    Axiom Software by Syntellis Performance Solutions

    69%
    6 Ratings
    8.3

    Workday Financial Management

    83%
    7 Ratings

    Usability

    Axiom Software by Syntellis Performance Solutions

    N/A
    0 Ratings
    7.8

    Workday Financial Management

    78%
    4 Ratings

    Support Rating

    7.0

    Axiom Software by Syntellis Performance Solutions

    70%
    2 Ratings
    8.5

    Workday Financial Management

    85%
    4 Ratings

    Likelihood to Recommend

    Syntellis Performance Solutions (formerly Kaufman Hall Software)

    Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
    Read full review

    Workday

    Financial reporting is sometimes tricky in our field because
    some oil and gas fields are depleted, and the standard methods of activating
    abandoned oil wells will have high-cost variability. Therefore, in this scenario, Workday Financial Management made internal financial reporting statements pretty seamless, where initial
    bid and field cost can be incorporated very easily in an asset-wise manner.
    Also, cloud-based sharing was never a problem, and our lease operators never had
    a problem understanding which reports belong to which asset.
    Read full review

    Pros

    Syntellis Performance Solutions (formerly Kaufman Hall Software)

    • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
    • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
    • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
    • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
    Read full review

    Workday

    • Workday is very organized and user friendly. I haven't heard this from any of my co workers that they faced a hard time navigating around or getting technical support.
    • The platform offers variety of options for the company to offer to their employees. This includes easy access to their time off balance, hours they have worked, and accessing pay stubs any time.
    • One of the biggest thing I notice on a lot of technical platforms is that they don't notify their users of any updates they may be making on their website but workday does a great job of notifying its user way ahead of time of any updates they may be doing
    Read full review

    Cons

    Syntellis Performance Solutions (formerly Kaufman Hall Software)

    • Implementation is quite Complex and requires both IT and Financial buy-in
    • Reporting solution has some learning curve for end users
    • Calculation methods within reporting can be opaque and hard to trace
    Read full review

    Workday

    • We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
    • The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
    • Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.
    Read full review

    Pricing Details

    Axiom Software by Syntellis Performance Solutions

    Starting Price

    Editions & Modules

    Axiom Software by Syntellis Performance Solutions editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Workday Financial Management

      Starting Price

      Editions & Modules

      Workday Financial Management editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        Usability

        Syntellis Performance Solutions (formerly Kaufman Hall Software)

        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.
        Read full review

        Support Rating

        Syntellis Performance Solutions (formerly Kaufman Hall Software)

        For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
        Read full review

        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.
        Read full review

        Alternatives Considered

        Syntellis Performance Solutions (formerly Kaufman Hall Software)

        Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
        Read full review

        Workday

        I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
        Read full review

        Return on Investment

        Syntellis Performance Solutions (formerly Kaufman Hall Software)

        • Forecasting has improved
        • Complexity of analysis has improved as well
        • Our main data has been confused as we started using Axiom
        Read full review

        Workday

        • Quick and non-glitchy financial reporting.
        • As more people use it, inter-department talks are always there as HR and Project managers are talking about the same software.
        • The disturbance in service is no longer the problem as It integrates the three different sectors of financial reporting.
        Read full review

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