TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Cetec ERP

    Score7.2 out of 10
    N/ACetec ERP offers manufacturing web-native ERP As A Service for $50/user. Its design and delivery provide manufacturers with a platform built to increase both capacity and efficiency. Cetec ERP aims to help companies run faster. By providing a single, integrated platform that can be deployed in the cloud or on a local server, Cetec ERP is presented as a high value enterprise system to companies looking for a true path forward for growing a manufacturing operation. Cetec ERP…

    $250

    per month for 5 users (minimum)

    Workday Financial Management

    Score8.3 out of 10
    N/AWorkday 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
    Cetec ERPWorkday Financial Management
    Editions & Modules
    LITE PLAN
    $50
    per month 5 STANDARD USER MINIMUM + $0 per month (PER COMPANY, NOT PER USER)
    STANDARD PLAN
    $50
    per month 5 STANDARD USER MINIMUM + $650 per month (PER COMPANY, NOT PER USER)
    ENTERPRISE PLAN
    $50
    per month 5 STANDARD USER MINIMUM + $3200 per month (PER COMPANY, NOT PER USER)
    No answers on this topic
    Offerings
    Pricing Offerings
    Cetec ERPWorkday Financial Management
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    Cetec ERPWorkday Financial Management
    Considered Both Products
    Cetec ERP
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    96%
    Would buy again
    23 Answers
    Delivers good value for the price
    No answers on this topic
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    23 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    No answers on this topic
    89%
    Implementation went as expected
    17 Answers
    Features
    Cetec ERPWorkday Financial Management
    Customization
    Comparison of Customization features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    7.3
    1 Ratings
    4% below category average
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    API for custom integration7.31 Ratings8.517 Ratings
    Plug-ins00 Ratings7.819 Ratings
    Security
    Comparison of Security features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    8.2
    3 Ratings
    3% below category average
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Single sign-on capability9.12 Ratings9.225 Ratings
    Role-based user permissions7.33 Ratings8.823 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    7.7
    3 Ratings
    2% above category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards8.23 Ratings8.127 Ratings
    Standard reports7.33 Ratings7.924 Ratings
    Custom reports00 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    6.5
    3 Ratings
    17% below category average
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable7.33 Ratings7.518 Ratings
    Accounts receivable7.33 Ratings6.918 Ratings
    Global Financial Support5.51 Ratings7.519 Ratings
    Journals and Reconciliations7.33 Ratings7.716 Ratings
    Standardized Processes5.53 Ratings7.920 Ratings
    Primary and Secondary Ledgers00 Ratings7.319 Ratings
    Configurable Accounting00 Ratings7.719 Ratings
    Inventory Management
    Comparison of Inventory Management features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    8.5
    3 Ratings
    6% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking8.23 Ratings7.611 Ratings
    Location management8.22 Ratings6.810 Ratings
    Automatic reordering00 Ratings7.211 Ratings
    Order Management
    Comparison of Order Management features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    7.4
    3 Ratings
    7% below category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Pricing8.23 Ratings00 Ratings
    Order entry8.23 Ratings00 Ratings
    Credit card processing9.11 Ratings7.211 Ratings
    Cost of goods sold6.43 Ratings00 Ratings
    Order Orchestration3.62 Ratings00 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    8.2
    2 Ratings
    8% above category average
    Workday Financial Management
    -
    Ratings
    Billing Management6.42 Ratings00 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    3.2
    1 Ratings
    75% below category average
    Workday Financial Management
    -
    Ratings
    Project Planning and Scheduling3.61 Ratings00 Ratings
    Task Insight for Project Managers2.71 Ratings00 Ratings
    Manufacturing
    Comparison of Manufacturing features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    7.5
    2 Ratings
    0% above category average
    Workday Financial Management
    -
    Ratings
    Production Management5.52 Ratings00 Ratings
    Configuration Management6.42 Ratings00 Ratings
    Work Execution7.32 Ratings00 Ratings
    Manufacturing Costs7.31 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    6.4
    2 Ratings
    14% below category average
    Workday Financial Management
    -
    Ratings
    Forecasting3.62 Ratings00 Ratings
    Inventory Planning7.32 Ratings00 Ratings
    Performance Monitoring5.52 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Cetec ERP and Workday Financial Management
    Feature
    Cetec ERP
    -
    Ratings
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation00 Ratings8.323 Ratings
    Benefit plan administration00 Ratings8.020 Ratings
    Direct deposit files00 Ratings8.220 Ratings
    Best Alternatives
    Cetec ERPWorkday Financial Management
    Small Businesses
    Zoho One
    Score9.2 out of 10
    Zoho One
    Score9.2 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    Zoho One
    Score9.2 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Cetec ERPWorkday Financial Management
    Likelihood to Recommend
    6.4
    (3 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    6.4
    (1 ratings)
    9.0
    (10 ratings)
    Support Rating
    5.5
    (1 ratings)
    10.0
    (5 ratings)
    User Testimonials
    Cetec ERPWorkday Financial Management
    Likelihood to Recommend
    Cetec ERP
    For our business, Cetec ERP works very well because of all the capabilities it has with traceability, restrictions, and access, and having the data live for any user to see at the same time. The way the system is set up for order processing is more strict which is better for us since it helps with accuracy and traceability. For the production side, since our company is not a manufacturing site, it can be a little overwhelming since there are a lot of fields/data that we do not use, simply because it does not apply to us. Other than that module being a little too advanced for our company, all of the features included "out of the box" are well worth the affordable price that they have for this ERP system.
    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.
    Incentivized
    Read full review
    Pros
    Cetec ERP
    • Training and Implementation.
    • Support is great.
    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.
    Incentivized
    Read full review
    Cons
    Cetec ERP
    • Role Descriptions: There are default roles that Cetec ERP has already created for you. However, these roles are not detailed as to what access each role has and it makes it difficult to assign these default roles.
    • Reporting: While Cetec ERP's default reports are detailed, there is only minimal customization of reports allowed out of the box. They do have an add-on available for purchase where you can freely customize reports, but our company isn't at that point to purchase this add-on as we only need a small bit of customization beyond what comes out of the box.
    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
    Incentivized
    Read full review
    Usability
    Cetec ERP
    Cetec ERP is useful and fairly intuitive, but if you have a difficult time adapting to a ever-changing user interface, it may cause slight discomfort with every major update.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Support Rating
    Cetec ERP
    Cetec ERP will answer support calls but depending on your level of service contract, it may cost you quick a bit per hour to solve the issues you have. E-mail support is always available and surprisingly responsive.
    Incentivized
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Cetec ERP
    We had been a customer of Cetec on their Legacy system for 20+ years and were always satisfied with their product and support.
    Read full review
    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.
    Incentivized
    Read full review
    Return on Investment
    Cetec ERP
    • Accuracy: Now that we can restrict access to approved users, our accuracy of inventory has improved.
    • Financial Cleanup: Importing financials that were not yet balanced from previous system caused a ripple and we now have to clean up in this new system.
    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.
    Incentivized
    Read full review
    ScreenShots

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis