CoConstruct vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CoConstruct
Score 7.1 out of 10
N/A
CoConstruct, from Buildertrend since the November 2021 acquisition, is a custom builder & remodeler software. It allows users to enter data once and have that information flow through the estimate, specs, selections, bids, proposals, change orders, and budgets, including to and from QuickBooks. In addition, CoConstruct includes scheduling and 3-way communication between builder, client, and trade partners. Everything is captured via email and texting. Login isn't required for…
$49
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
CoConstructWorkday Financial Management
Editions & Modules
Ramp
$49
per month
Plus 5
$299
per month
Plus 10
$399
per month
Plus 15
$499
per month
No answers on this topic
Offerings
Pricing Offerings
CoConstructWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsCoConstruct pricing is based on active job sites that have client access online, which means it is adaptable to builders & remodelers businesses. This means that there are an unlimited amount of projects available for estimates and proposals, so that customers only pay when they win a contract. Also built into the pricing are a myriad of services: a dedicated implementation coach, free estimate & scheduling templates based on industry best practices from successful builders and the NAHB, unlimited storage and users, software branded with the customer's logo, unlimited amount of warranty projects, and unlimited phone & email support. The vendor offers a money-back guarantee that is good for the first 90 days of service.
More Pricing Information
Community Pulse
CoConstructWorkday Financial Management
Features
CoConstructWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation00 Ratings8.222 Ratings
Benefit plan administration00 Ratings7.819 Ratings
Direct deposit files00 Ratings7.919 Ratings
Customization
Comparison of Customization features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
8.0
19 Ratings
8% above category average
API for custom integration00 Ratings8.616 Ratings
Plug-ins00 Ratings7.418 Ratings
Security
Comparison of Security features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
9.0
24 Ratings
7% above category average
Single sign-on capability00 Ratings9.224 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
7.7
26 Ratings
5% above category average
Dashboards00 Ratings7.626 Ratings
Standard reports00 Ratings7.723 Ratings
Custom reports00 Ratings7.721 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
7.5
22 Ratings
2% below category average
Accounts payable00 Ratings7.217 Ratings
Accounts receivable00 Ratings6.817 Ratings
Global Financial Support00 Ratings7.018 Ratings
Primary and Secondary Ledgers00 Ratings6.918 Ratings
Journals and Reconciliations00 Ratings7.315 Ratings
Configurable Accounting00 Ratings7.218 Ratings
Standardized Processes00 Ratings7.619 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
6.8
10 Ratings
15% below category average
Inventory tracking00 Ratings7.110 Ratings
Automatic reordering00 Ratings7.010 Ratings
Location management00 Ratings6.49 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
CoConstruct
-
Ratings
Workday Financial Management
6.2
10 Ratings
23% below category average
Credit card processing00 Ratings6.210 Ratings
Best Alternatives
CoConstructWorkday Financial Management
Small Businesses
Procore
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Score 8.7 out of 10
Zoho One
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Score 9.3 out of 10
Medium-sized Companies
Procore
Procore
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
Oracle Aconex
Oracle Aconex
Score 7.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
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User Ratings
CoConstructWorkday Financial Management
Likelihood to Recommend
8.0
(14 ratings)
8.3
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.0
(9 ratings)
Support Rating
9.8
(10 ratings)
10.0
(5 ratings)
User Testimonials
CoConstructWorkday Financial Management
Likelihood to Recommend
Buildertrend
Having the ability to completely manage a project from start to finish with one app is super helpful. The time reporting feature (when it works correctly) is a nice added bonus as it allows employees to switch from one task to another on the same project or to another project and task with ease, aiding in the accounting process of the total project. This was helpful for running analytics to see where we were spending too much time on certain tasks, thus allowing us to assess any training needs.
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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
  • The integration of all aspects needed to run a remodeling company efficiently: project scheduling and management, financial planning and customer service. Since it’s an all-in-one suite and cloud-based, it enables our team to keep track of all our projects in real-time. Communication breakdown is the last thing we want, so being on the same page is not only desirable but makes for the best possible relationship with our clients.
  • Product education - We like how CoConstruct helps new users and get them to start using the tool right away. The dashboard resource materials are incredibly useful. We don’t have to spend a lot of time training new hires on the system and onboarding new clients.
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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
  • Internal Communication - CoConstruct lacks the ability to tag-team members for internal communication using @mentions or any other means. This has been crippling for us and forced us to use alternative software for communicating among our team members.
  • Pipeline Management - CoConstruct's lead-tracking system feels clunky and hard to navigate and doesn't provide a pipeline view that's easy to navigate. We have moved our Pipeline Management outside of CoConstruct to make it easier for our sales team to track leads.
  • CRM - CoConstruct doesn't offer anything for customer follow-up after projects are completed. This, in addition to the lack of an effective pipeline system, has led to our decision to use Hubspot as our CRM. Moving projects into CoConstruct for Design and back our after Production.
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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
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
Buildertrend
The support staff is brilliant; they don't operate on Australian time, so you can't just dial up support when you need it. The response times are quick, and the staff is knowledgeable. They are also well versed in most of the differences between buildings in the US and the building in Australasia. Despite their funny accents and strange use of the English language, we get by just fine!
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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
Products like Procore and PlanGrid are geared towards projects with huge projects teams, multiple stakeholders and dozens of subcontractors. CoConstruct can be used for projects big and small (value) and also with small project teams or large projects teams. For small partial renovation or addition projects CoConstruct is a good more cost effective option.
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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
  • It made time recording much easier and much more reliable
  • With its GPS feature, we would be able to track when an employee left a job to help ensure accurate time recording
  • Having the ability to give the homeowners their own custom home building app to watch the progress helped to put us ahead of the game in the industry
  • Running job cost reports as easily as CoConstruct allows helped to curb some of our administrative fees
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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

CoConstruct Screenshots

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Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis