Deltek Vantagepoint vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Deltek Vantagepoint
Score 7.5 out of 10
N/A
People and projects are the heart and soul of a business. So Deltek created Vantagepoint, which they present as a powerful, intuitive solution that helps users manage projects from start to finish. Deltek Vantagepoint’s 360-degree view of projects puts client, project and financial details in a single location. The vendor states this adds up to making well-informed tactical and strategic business decisions and a more efficient, productive and profitable company.N/A
Workday Financial Management
Score 7.9 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
Deltek VantagepointWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Deltek VantagepointWorkday 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
Deltek VantagepointWorkday Financial Management
Top Pros
Top Cons
Features
Deltek VantagepointWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
8.1
4 Ratings
10% above category average
Pay calculation00 Ratings8.04 Ratings
Benefit plan administration00 Ratings8.04 Ratings
Direct deposit files00 Ratings8.54 Ratings
Customization
Comparison of Customization features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
8.8
5 Ratings
18% above category average
API for custom integration00 Ratings8.74 Ratings
Plug-ins00 Ratings9.04 Ratings
Security
Comparison of Security features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
9.2
6 Ratings
11% above category average
Single sign-on capability00 Ratings9.56 Ratings
Role-based user permissions00 Ratings9.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
8.9
7 Ratings
19% above category average
Dashboards00 Ratings9.07 Ratings
Standard reports00 Ratings8.87 Ratings
Custom reports00 Ratings9.07 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
7.9
7 Ratings
3% above category average
Accounts payable00 Ratings7.04 Ratings
Accounts receivable00 Ratings7.04 Ratings
Global Financial Support00 Ratings8.35 Ratings
Primary and Secondary Ledgers00 Ratings8.35 Ratings
Journals and Reconciliations00 Ratings6.54 Ratings
Configurable Accounting00 Ratings9.06 Ratings
Standardized Processes00 Ratings8.56 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
9.0
1 Ratings
13% above category average
Inventory tracking00 Ratings9.01 Ratings
Automatic reordering00 Ratings9.01 Ratings
Location management00 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Deltek Vantagepoint
-
Ratings
Workday Financial Management
8.5
3 Ratings
9% above category average
Credit card processing00 Ratings8.53 Ratings
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User Ratings
Deltek VantagepointWorkday Financial Management
Likelihood to Recommend
8.0
(2 ratings)
8.3
(7 ratings)
Usability
6.0
(1 ratings)
7.8
(4 ratings)
Support Rating
9.0
(1 ratings)
8.5
(4 ratings)
User Testimonials
Deltek VantagepointWorkday Financial Management
Likelihood to Recommend
Deltek, Inc.
It is well suited to connecting customer relationship databases and a project lifecycle. Business development people and other personnel should be able to get good use out of it in their daily jobs and functions. It is helpful to keep a record of ongoing projects and new pursuits among the team.
Read full review
Workday
Financial reporting is sometimes tricky in our field because
some oil and gas fields are depleted, and the standard methods of activating
abandoned oil wells will have high-cost variability. Therefore, in this scenario, Workday Financial Management made internal financial reporting statements pretty seamless, where initial
bid and field cost can be incorporated very easily in an asset-wise manner.
Also, cloud-based sharing was never a problem, and our lease operators never had
a problem understanding which reports belong to which asset.
Read full review
Pros
Deltek, Inc.
  • Time logging
  • Checking remaining PTO
  • Checking total hours on a project.
Read full review
Workday
  • Workday is very organized and user friendly. I haven't heard this from any of my co workers that they faced a hard time navigating around or getting technical support.
  • The platform offers variety of options for the company to offer to their employees. This includes easy access to their time off balance, hours they have worked, and accessing pay stubs any time.
  • One of the biggest thing I notice on a lot of technical platforms is that they don't notify their users of any updates they may be making on their website but workday does a great job of notifying its user way ahead of time of any updates they may be doing
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Cons
Deltek, Inc.
  • User interface could be cleaner.
  • It is a bit complicated.
  • It could be more focused on marketing.
Read full review
Workday
  • We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
  • The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
  • Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.
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Usability
Deltek, Inc.
It is ok to use; it is not the easiest to use in terms of usability and user-friendliness but it is not the worst. It still feels somewhat outdated. Many cloud options are cleaner or look more modern. But it is good enough and you should be able to get the hang of it.
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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
Deltek, Inc.
I would rate Deltek VantagePoint highly in terms of the overall support. You can receive support any time you need it and there is a representative from Deltek assigned to your account so that you can always get the help when you need it. Sometimes, they want to go more in-depth than I would like, however.
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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
Deltek, Inc.
BQE Core. I think that BQE Core is definitely harder to use, and has a lot of features atleast from the users perspective that dont seem entirely neccesary. Deltek is very straight forward and easy to use.
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Workday
I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
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Return on Investment
Deltek, Inc.
  • I cannot speak to this as I was not the business owner
Read full review
Workday
  • Quick and non-glitchy financial reporting.
  • As more people use it, inter-department talks are always there as HR and Project managers are talking about the same software.
  • The disturbance in service is no longer the problem as It integrates the three different sectors of financial reporting.
Read full review
ScreenShots

Deltek Vantagepoint Screenshots

Screenshot of Vantagepoint CRM and Mobile CRM - Manage pipeline and nurture client relationships with Vantagepoint CRMScreenshot of Vantagepoint Resource Management - Avoid burnout and staff project appropriately with VantagepointScreenshot of Vantagepoint Project Management - Control all project information in one place from pursuit through completion with VantagepointScreenshot of Vantagepoint Accounting & Financial Management - Get the flexibility and control to accurately manage your financials with VantagepointScreenshot of Vantagepoint Time & Expense Management - Quickly capture time and expenses on any device to improve cash flow with VantagepointScreenshot of Vantagepoint Dashboards and Business Intelligence -Gain complete visibility across the company to make timely, informed decisions