Buildertrend vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Buildertrend
Score 7.5 out of 10
N/A
BuilderTrend is a construction management system. It includes functionality for pre-sale, project management, financial management, and customer management processes. It also provides mobile accessibility.N/A
Workday Financial Management
Score 8.3 out of 10
N/A
Workday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A
Pricing
BuildertrendWorkday Financial Management
Editions & Modules
Core Subscription
Contact for quote
per year
Premium
Contact for quote
per month
Premium
Contact for quote
No answers on this topic
Offerings
Pricing Offerings
BuildertrendWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BuildertrendWorkday Financial Management
Features
BuildertrendWorkday Financial Management
Construction Project & Field Management
Comparison of Construction Project & Field Management features of Product A and Product B
Buildertrend
4.3
8 Ratings
53% below category average
Workday Financial Management
-
Ratings
Plan distribution & viewing1.06 Ratings00 Ratings
Plan markups & sharing2.07 Ratings00 Ratings
Issue tracking & punchlists2.28 Ratings00 Ratings
Photo documentation6.18 Ratings00 Ratings
Jobsite reports9.07 Ratings00 Ratings
Document sharing2.38 Ratings00 Ratings
RFI tools8.25 Ratings00 Ratings
Collaboration & approvals4.07 Ratings00 Ratings
As-built drawings8.74 Ratings00 Ratings
Mobile app1.38 Ratings00 Ratings
Submittal design and management3.06 Ratings00 Ratings
Estimating
Comparison of Estimating features of Product A and Product B
Buildertrend
1.2
7 Ratings
145% below category average
Workday Financial Management
-
Ratings
Takeoff tools1.05 Ratings00 Ratings
Job costing1.06 Ratings00 Ratings
Cost databases1.06 Ratings00 Ratings
Cost calculator1.17 Ratings00 Ratings
Bid creation2.07 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
8.1
23 Ratings
9% above category average
Pay calculation00 Ratings8.323 Ratings
Benefit plan administration00 Ratings8.020 Ratings
Direct deposit files00 Ratings8.120 Ratings
Customization
Comparison of Customization features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
8.1
20 Ratings
9% above category average
API for custom integration00 Ratings8.517 Ratings
Plug-ins00 Ratings7.719 Ratings
Security
Comparison of Security features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
9.0
25 Ratings
7% above category average
Single sign-on capability00 Ratings9.125 Ratings
Role-based user permissions00 Ratings8.823 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
7.9
27 Ratings
7% above category average
Dashboards00 Ratings8.027 Ratings
Standard reports00 Ratings7.924 Ratings
Custom reports00 Ratings8.022 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
7.7
23 Ratings
0% above category average
Accounts payable00 Ratings7.518 Ratings
Accounts receivable00 Ratings6.918 Ratings
Global Financial Support00 Ratings7.419 Ratings
Primary and Secondary Ledgers00 Ratings7.319 Ratings
Journals and Reconciliations00 Ratings7.616 Ratings
Configurable Accounting00 Ratings7.519 Ratings
Standardized Processes00 Ratings7.820 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
7.1
11 Ratings
11% below category average
Inventory tracking00 Ratings7.511 Ratings
Automatic reordering00 Ratings7.211 Ratings
Location management00 Ratings6.710 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Buildertrend
-
Ratings
Workday Financial Management
7.1
11 Ratings
10% below category average
Credit card processing00 Ratings7.111 Ratings
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BuildertrendWorkday Financial Management
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Score 8.3 out of 10
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Score 7.4 out of 10
Enterprises
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Score 8.3 out of 10
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User Ratings
BuildertrendWorkday Financial Management
Likelihood to Recommend
10.0
(11 ratings)
8.2
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
9.7
(4 ratings)
9.0
(9 ratings)
Support Rating
10.0
(1 ratings)
10.0
(5 ratings)
User Testimonials
BuildertrendWorkday Financial Management
Likelihood to Recommend
Buildertrend
Buildertrend was made for a specific industry (building) and so I would recommend it to anyone in that industry, with the exception of Sales and Marketing. But for everything else from the financing to the permitting to the construction and all else, Buildertrend is exactly what our team has used and will ALWAYS use. Even with our decision to use other systems for Sales and Marketing, we have never given one thought to taking Buildertrend out of our process. We will always be with Buildertrend.
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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
Buildertrend
  • Manages in one place - crucial for organization.
  • Professional, across the board it provides companies with a seamlessly organized and flawless presentation - to subs/vendors/owners/etc.
  • Time Saver - you don't have to dig around through files/create templates/flip through your contact binder - it's all there.
  • Practical tools- designed for contractors. You get what you need - period.
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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
Buildertrend
  • Onsite consultants. There is a demand for this service that is great enough to allow outside BuilderTrend Super-Users like me to partner with BuilderTrend and make this a reality.
  • As their company grows, their support needs to grow as well.
  • Provide incentives for Super Users that are helping BuilderTrend acquire new business. Advocates should be their best friend.
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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
Buildertrend
Its simple to use and intuitive. The level of support that we have from online videos, to access to customer support, and the ability to call anyone at anytime on the main line has been invaluable to utilize and not get stuck on something you don't know yet. We've never not had anyone that couldn't respond in time for us.
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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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Support Rating
Buildertrend
I highly recommend. The only suggestion I have would be to offer a free trial. They do offer a 30 day money back guarantee. The price point isn't daunting if you have had a 100 % no strings attached/no effort to cancel or try to remember to get your money back - no strings attached chance to try out the product. Especially for such a big purchase decision, I think Buildertrend would see an incredible increase in sales. They have the value and companies just need a chance to see it first hand.
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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
Buildertrend
The program has outstanding customer service. With project scheduling, project management, financial management, customer management, and service management capabilities in a single suite, there's really not much this program can't do! Owners generally love the use of this software as well, giving them the ability to view daily logs, photos, schedules, etc.
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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
Buildertrend
  • The prior year cost me roughly $4300, which was barely reasonable for my volume. Some clients liked the format, some hated it and didn't participate. In my experience, few subcontractors or suppliers embraced the program, severely limiting the effectiveness.
  • For the coming year the fees would have exceeded $17,000, far too much for a program with limited client, employee, and subcontractor appeal with as small a volume as I have.
  • Honestly, for the last year, I feel they've been a burning tire hung around my neck and I regret not cancelling them in early 2019, I'd have $10,000 more in my pocket and no significant negative impact.
  • I did appreciate the daily log as a way to report on progress, but less than half my clients made use of this option.
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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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ScreenShots

Buildertrend Screenshots

Screenshot of the homeowner portalScreenshot of a summary pageScreenshot of the scheduling interface & Gantt chartScreenshot of photos

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis