Celoxis vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Celoxis
Score 8.8 out of 10
Enterprise companies (1,001+ employees)
Celoxis is a Enterprise online project management solution for midsize to large businesses to help them plan and manage complex and diverse project portfolios. The collective suite includes modules for resource management, budgeting, revenue forecasting, time and expense tracking, reporting and team collaboration. Celoxis includes features such as advanced scheduling, which combines real-world conditions, such as resource time off, multi-time zone, part-time resources, working weekends etc.,…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
CeloxisWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CeloxisWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
CeloxisWorkday Financial Management
Project Management
Comparison of Project Management features of Product A and Product B
Celoxis
8.3
4 Ratings
10% above category average
Workday Financial Management
-
Ratings
Task Management9.34 Ratings00 Ratings
Resource Management7.74 Ratings00 Ratings
Gantt Charts7.74 Ratings00 Ratings
Scheduling8.53 Ratings00 Ratings
Workflow Automation7.53 Ratings00 Ratings
Team Collaboration7.44 Ratings00 Ratings
Support for Agile Methodology9.01 Ratings00 Ratings
Support for Waterfall Methodology10.01 Ratings00 Ratings
Document Management8.02 Ratings00 Ratings
Email integration9.02 Ratings00 Ratings
Mobile Access6.01 Ratings00 Ratings
Timesheet Tracking8.53 Ratings00 Ratings
Change request and Case Management9.02 Ratings00 Ratings
Budget and Expense Management8.03 Ratings00 Ratings
Professional Services Automation
Comparison of Professional Services Automation features of Product A and Product B
Celoxis
8.3
4 Ratings
11% above category average
Workday Financial Management
-
Ratings
Quotes/estimates8.53 Ratings00 Ratings
Invoicing7.02 Ratings00 Ratings
Project & financial reporting7.53 Ratings00 Ratings
Integration with accounting software10.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Celoxis
-
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
Celoxis
-
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
Celoxis
-
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
Celoxis
-
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
Celoxis
-
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 Ratings8.813 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Standardized Processes00 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Celoxis
-
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
Celoxis
-
Ratings
Workday Financial Management
9.1
10 Ratings
16% above category average
Credit card processing00 Ratings9.110 Ratings
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CeloxisWorkday Financial Management
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User Ratings
CeloxisWorkday Financial Management
Likelihood to Recommend
8.7
(4 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)
9.6
(5 ratings)
User Testimonials
CeloxisWorkday Financial Management
Likelihood to Recommend
Celoxis
Celoxis is a great option if you are looking for an affordable, easy to use, easy to integrate project manegement solution. It is very powerful for waterfall project management. I evaluated more than 15 platforms and could not find any with a close evaluation in terms of cost-benefit to Celoxis. Of course there are more powerfull tools, for 10 times the price. So far, for project management, there hasn't been a requirement I haven't been able to solve with some work. It really lacks features for Agile methodologies, even if it provides a Kanban view, so far it doesn't provide and additional agile artifacts. If an organization has already reached a very mature project management practice and needs to improve on program and portfolio management, Celoxis won't provide any useful feature. If the organization has the resources (skills and time mostly) to develop some workflows and customization, it might work but with a limit. Hopefully Celoxis addresses these features in the near future.
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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
Celoxis
  • Project planning
  • Time log
  • Efforts analysis vs plan
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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
Celoxis
  • Support is at times slow to respond.
  • Not new user-friendly.
  • Not able to pull in closer or zoom the interface.
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
Celoxis
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
Celoxis
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
Celoxis
I used an evalaution matrix built with input of several stakeholders in the company. In the end the matrix included 100 features (non of them was price related). The matrix was heavily focused on waterfall project management, agile related features were only 5 out of 100 features. Features were labeled as mandatory, required or optional. Products which lacked a mandatory feature (like providing technical support) were disqualified. Then a price vs features evaluation was made and only the products with the best combination were seleced to continue: Celoxis, ITM Platform and Mission Control. A final technical evaluation was made comparing the full evaluation but also the evaluation of only the 40 required features. Overall, Celoxis was the better evaluated (76% vs 65% of the second place), for the 40 required features, Celoxis got 91% against 78% of number 2. In the end we chose Celoxis even when it had higher licensing cost.
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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
Celoxis
  • Positive in most cases
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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

Celoxis Screenshots

Screenshot of Celoxis DashboardScreenshot of Gantt chartScreenshot of WorkloadScreenshot of TimesheetScreenshot of Resource ManagementScreenshot of