Boomi vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Boomi
Score 7.9 out of 10
N/A
Boomi is a cloud-based, on-premise, or hybrid integration platform. It offers a low-code/no-code interface with the capacity for API and EDI connections for integrating with external organizations and systems, as well as compliance with data protection regulations.
$550
per month
Workday Financial Management
Score 8.2 out of 10
N/A
Workday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
Pricing
BoomiWorkday Financial Management
Editions & Modules
Boomi
$550
per month
No answers on this topic
Offerings
Pricing Offerings
BoomiWorkday 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
BoomiWorkday Financial Management
Features
BoomiWorkday Financial Management
Cloud Data Integration
Comparison of Cloud Data Integration features of Product A and Product B
Boomi
8.0
33 Ratings
0% below category average
Workday Financial Management
-
Ratings
Pre-built connectors10.032 Ratings00 Ratings
Connector modification5.029 Ratings00 Ratings
Support for real-time and batch integration10.031 Ratings00 Ratings
Data quality services10.029 Ratings00 Ratings
Data security features5.131 Ratings00 Ratings
Monitoring console8.033 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation00 Ratings8.222 Ratings
Benefit plan administration00 Ratings7.819 Ratings
Direct deposit files00 Ratings7.919 Ratings
Customization
Comparison of Customization features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
8.0
19 Ratings
8% above category average
API for custom integration00 Ratings8.616 Ratings
Plug-ins00 Ratings7.418 Ratings
Security
Comparison of Security features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
9.0
24 Ratings
7% above category average
Single sign-on capability00 Ratings9.224 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
7.7
26 Ratings
5% above category average
Dashboards00 Ratings7.626 Ratings
Standard reports00 Ratings7.723 Ratings
Custom reports00 Ratings7.721 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
7.5
22 Ratings
2% below category average
Accounts payable00 Ratings7.217 Ratings
Accounts receivable00 Ratings6.817 Ratings
Global Financial Support00 Ratings7.018 Ratings
Primary and Secondary Ledgers00 Ratings6.918 Ratings
Journals and Reconciliations00 Ratings7.315 Ratings
Configurable Accounting00 Ratings7.218 Ratings
Standardized Processes00 Ratings7.619 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
6.8
10 Ratings
15% below category average
Inventory tracking00 Ratings7.110 Ratings
Automatic reordering00 Ratings7.010 Ratings
Location management00 Ratings6.49 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Boomi
-
Ratings
Workday Financial Management
6.3
10 Ratings
22% below category average
Credit card processing00 Ratings6.310 Ratings
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BoomiWorkday Financial Management
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Score 9.2 out of 10
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User Ratings
BoomiWorkday Financial Management
Likelihood to Recommend
9.0
(41 ratings)
8.3
(26 ratings)
Likelihood to Renew
10.0
(9 ratings)
9.0
(1 ratings)
Usability
8.0
(6 ratings)
9.0
(9 ratings)
Performance
7.9
(5 ratings)
-
(0 ratings)
Support Rating
6.0
(2 ratings)
10.0
(5 ratings)
User Testimonials
BoomiWorkday Financial Management
Likelihood to Recommend
Boomi
Legacy systems often need to be replaced or integrated with new applications in order to modernize businesses. A strong API strategy that avoids custom coding and third-party programs is essential to enable this integration. Boomi's new-age connectivity and integration solutions ensure safe, secure, and robust integration. In the age of information, businesses are under more pressure than ever to be able to collect and manage large amounts of data. This data comes in from a variety of sources, including personalized devices such as voice assistants and wearable tech. While this data can be immensely valuable to businesses, they often lack the infrastructure necessary to handle it effectively. This can lead to data build-up in databases or silos, and can eventually lead to problems with integration and security.
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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
Boomi
  • Pre-built connectors to almost anything which greatly reduce time to release of your integration needs.
  • Easy to use development platform with drag&drop features. Non-technical people could build simple integration processes in no time.
  • Great user community where you can get quick help if needed. Boomi people hang around there a lot.
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
Boomi
  • More from a development perspective. It is always difficult to use the properties features. It takes a while to understand how the data/variables can be used across an integration.
  • Dell Boomi should also invest more on API Management and not just seen as a ETL,ESB tool.
  • Should roll out features more often based on users reviews.
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
Read full review
Likelihood to Renew
Boomi
Dell Boomi has provided us with the ability to connect our campus together using our various existing platforms. There are many supported features and have yet to run into something that we cannot do. Its user interface is very intuitive which would allow users to begin developing fairly easily. There is a myriad of resources available
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Workday
No answers on this topic
Usability
Boomi
My IT and Finance teams have noted that setting up the tool is a breeze. Dell Boomi has never caused an issue during a system implementation that I am aware of. We are pleased with the tool and recommend others consider it.
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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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Performance
Boomi
The atom sphere takes a time to load, when I open a process or when I open a log. One more slow processing is when I import objects from NetSuite.
About the performance of processing, it looks like Boomi takes a time to initialize some things such as connectors before starting the process. This is also performance we have.
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Workday
No answers on this topic
Support Rating
Boomi
Boomi support was responsive and knowledgable, however being a closed cloud service, it doesn't have good community support. We found the learning curve to be steep and there aren't avenues like google, forums, or blogs that provide community driven insight into the product or how to go about designing solutions using the tool
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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
Boomi
We decided to go with Dell Boomi because another department in our company was already using the software. We did not research competitor applications to use as our business solution. Dell Boomi was very easy and quick to set up, so once we decided to use Dell Boomi for systems integration, we had it set up and running within a few working days.
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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
Boomi
  • It has allowed us to scale significantly without having to add headcount, specifically those geared towards data entry. We went from a $10m ARR business to $200m ARR business with the same amount of Order Processors and 12x amount of transactions by leveraging Boomi to perform a lot of the work, and then having the Order Processing team to simply review that the transaction was processed successfully.
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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.
Read full review
ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis