Chargezoom vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Chargezoom
Score 9.2 out of 10
N/A
Chargezoom helps companies automate and integrate payments. Chargezoom also eliminate manual processes and data entry and creates a customizable payment portal that stores multiple payment details.
$20
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
ChargezoomWorkday Financial Management
Editions & Modules
Sync in real time
$20
per month
Automate
$40
per month
Enterprise
59.00+
per month
No answers on this topic
Offerings
Pricing Offerings
ChargezoomWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
ChargezoomWorkday Financial Management
Features
ChargezoomWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Chargezoom
8.4
1 Ratings
11% above category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation8.01 Ratings8.322 Ratings
Benefit plan administration8.01 Ratings8.119 Ratings
Direct deposit files8.01 Ratings8.119 Ratings
Salary revision and increment management9.01 Ratings00 Ratings
Reimbursement management9.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Chargezoom
8.5
1 Ratings
10% above category average
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration9.01 Ratings8.516 Ratings
Plug-ins8.01 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Chargezoom
8.0
1 Ratings
3% below category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability8.01 Ratings9.024 Ratings
Role-based user permissions8.01 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Chargezoom
8.3
1 Ratings
6% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards9.01 Ratings7.926 Ratings
Standard reports8.01 Ratings8.123 Ratings
Custom reports8.01 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Chargezoom
8.3
1 Ratings
9% above category average
Workday Financial Management
7.7
22 Ratings
0% above category average
Accounts payable8.01 Ratings7.617 Ratings
Accounts receivable8.01 Ratings7.417 Ratings
Cash management8.01 Ratings00 Ratings
Bank reconciliation8.01 Ratings00 Ratings
Expense management8.01 Ratings00 Ratings
Time tracking8.01 Ratings00 Ratings
Fixed asset management8.01 Ratings00 Ratings
Multi-currency support8.01 Ratings00 Ratings
Multi-division support9.01 Ratings00 Ratings
Regulations compliance9.01 Ratings00 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Self-service portal8.01 Ratings00 Ratings
Global Financial Support8.01 Ratings7.318 Ratings
Primary and Secondary Ledgers8.01 Ratings7.418 Ratings
Intercompany Accounting9.01 Ratings00 Ratings
Localizations9.01 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings7.615 Ratings
Enterprise Accounting9.01 Ratings00 Ratings
Configurable Accounting8.01 Ratings7.418 Ratings
Centralized Rules Framework9.01 Ratings00 Ratings
Standardized Processes9.01 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Chargezoom
8.5
1 Ratings
12% above category average
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking9.01 Ratings7.510 Ratings
Automatic reordering8.01 Ratings7.310 Ratings
Location management9.01 Ratings6.89 Ratings
Manufacturing module8.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Chargezoom
8.3
1 Ratings
9% above category average
Workday Financial Management
7.0
10 Ratings
11% below category average
Pricing8.01 Ratings00 Ratings
Order entry9.01 Ratings00 Ratings
Credit card processing8.01 Ratings7.010 Ratings
Cost of goods sold8.01 Ratings00 Ratings
Order Orchestration8.01 Ratings00 Ratings
End-to-end order visibility8.01 Ratings00 Ratings
Order exception Resolution9.01 Ratings00 Ratings
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ChargezoomWorkday Financial Management
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Enterprises
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User Ratings
ChargezoomWorkday Financial Management
Likelihood to Recommend
8.0
(1 ratings)
8.5
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.1
(9 ratings)
Support Rating
-
(0 ratings)
10.0
(5 ratings)
User Testimonials
ChargezoomWorkday Financial Management
Likelihood to Recommend
Chargezoom
Chargezoom is a tool that offers automated solutions powered by machine learning to enable trusted data throughout the organization, it is a solution that I like because it has the power to provide quality service with options that allow us to minimize the risk of sensitive data , comply with data privacy regulations, manage data governance and quality safely and easily.
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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
Chargezoom
  • Chargezoom is a data management platform that works securely, simply and efficiently by creating an understanding of our data assets by simplifying data privacy compliance. It is a tool that works extremely well with features and functions that fit our needs.
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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
Chargezoom
  • Chargezoom helps my organization automate compliance with data privacy regulations, persistently tracks and manages all data across the organization making privacy compliance easy and reliable across all data, sources and locations. Data privacy compliance is an important measure we take at my organization to comply with data protection laws and regulations by protecting people and taking control of the information that is used and shared.
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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
Chargezoom
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
Chargezoom
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
Chargezoom
Select Chargezoom because it is of great help in my organization for helping us to know the critical data elements, data risks, compliance and quality classification and organization easily and securely all data with confidential tracking with wonderful plans that motivate users to move forward and obtain great results from start to finish.
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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
Chargezoom
  • Chargezoom is a service that solves data challenges, allowing data to be discovered safely and easily. It is a platform that works perfectly, adjusting to any need, it is flexible, easy to configure and the results it offers are wonderful.
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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

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis