Cayuse (SmartGrant) vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Cayuse (SmartGrant)
Score 8.5 out of 10
N/A
Cayuse (replacing the former SmartGrant) is a research grant proposal submission software designed to help users increase proposal success and funding, from the company of the same name (formerly known as eRA Software) in Portland.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
Cayuse (SmartGrant)Workday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Cayuse (SmartGrant)Workday 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
Cayuse (SmartGrant)Workday Financial Management
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
Cayuse (SmartGrant)Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Cayuse (SmartGrant)
-
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
Customization
Comparison of Customization features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration00 Ratings8.314 Ratings
Plug-ins00 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability00 Ratings8.720 Ratings
Role-based user permissions00 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards00 Ratings8.423 Ratings
Standard reports00 Ratings8.820 Ratings
Custom reports00 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable00 Ratings9.015 Ratings
Accounts receivable00 Ratings9.115 Ratings
Global Financial Support00 Ratings8.516 Ratings
Primary and Secondary Ledgers00 Ratings8.716 Ratings
Journals and Reconciliations00 Ratings8.913 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Standardized Processes00 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking00 Ratings9.09 Ratings
Automatic reordering00 Ratings8.69 Ratings
Location management00 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Cayuse (SmartGrant)
-
Ratings
Workday Financial Management
9.1
10 Ratings
16% above category average
Credit card processing00 Ratings9.110 Ratings
Best Alternatives
Cayuse (SmartGrant)Workday Financial Management
Small Businesses
Blackbaud Grantmaking
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Score 9.0 out of 10
Acumatica
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Score 8.8 out of 10
Medium-sized Companies
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
Workday Financial Management
Workday Financial Management
Score 8.3 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Cayuse (SmartGrant)Workday Financial Management
Likelihood to Recommend
8.0
(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)
9.7
(5 ratings)
User Testimonials
Cayuse (SmartGrant)Workday Financial Management
Likelihood to Recommend
Cayuse, LLC (eRA Software)
Cayuse (SmartGrant) is well suited for institutions who have multiple grants and projects that need to be organized, tracked, and followed up with. The closing and sorting of projects is also helpful when using this software. Multiple signers also have access to approvals electronically which makes the process more simplified and accessible for all parties involved.
Read full review
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
Cayuse, LLC (eRA Software)
  • Organizes all project information
  • Allows for easy approvals from individuals
  • Allows for tracking of project from inception to award status
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
Cayuse, LLC (eRA Software)
  • The ability to sort through rfps easier would be helpful
  • Being able to include feedback/comments on the process would be helpful for tracking and organizing from parties involved
  • Understanding accessibility in a more clear way would be great
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
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Usability
Cayuse, LLC (eRA 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.
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Support Rating
Cayuse, LLC (eRA Software)
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
Cayuse, LLC (eRA Software)
Cayuse (SmartGrant) has been in place at our institution for a while and we wouldn’t examine using anything else because it has been easy to work with, access, and stay organized with. Cayuse (SmartGrant) is also used for our office of research and is separate from our development software to keep everyone organized.
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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
Cayuse, LLC (eRA Software)
  • Cayuse (SmartGrant) helps us bring in grants and track the award paperwork
  • The award paperwork process and reporting is easily trackable
  • Uploading documents like LOIs and proposals are simple
Read full review
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
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