Deltek Vision vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Deltek Vision
Score 7.0 out of 10
N/A
Deltek Vision is enterprise resource planning (ERP) software for project based companies.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
Deltek VisionWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Deltek VisionWorkday 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 VisionWorkday Financial Management
Top Pros
Top Cons
Features
Deltek VisionWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Deltek Vision
7.0
16 Ratings
3% below category average
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation6.914 Ratings8.418 Ratings
Benefit plan administration7.09 Ratings8.716 Ratings
Direct deposit files7.213 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
Deltek Vision
7.5
12 Ratings
3% above category average
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration8.011 Ratings8.314 Ratings
Plug-ins7.08 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Deltek Vision
8.0
24 Ratings
2% below category average
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability8.018 Ratings8.720 Ratings
Role-based user permissions8.023 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Deltek Vision
6.0
29 Ratings
15% below category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards5.027 Ratings8.423 Ratings
Standard reports6.029 Ratings8.820 Ratings
Custom reports7.029 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Deltek Vision
7.6
29 Ratings
0% below category average
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable9.025 Ratings9.015 Ratings
Accounts receivable7.024 Ratings9.115 Ratings
Global Financial Support8.07 Ratings8.516 Ratings
Primary and Secondary Ledgers8.014 Ratings8.716 Ratings
Journals and Reconciliations8.015 Ratings8.813 Ratings
Configurable Accounting8.012 Ratings8.316 Ratings
Standardized Processes8.016 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Deltek Vision
5.4
2 Ratings
37% below category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking6.52 Ratings9.09 Ratings
Automatic reordering3.01 Ratings8.69 Ratings
Location management6.12 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Deltek Vision
7.9
4 Ratings
2% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing7.04 Ratings00 Ratings
Order entry7.02 Ratings00 Ratings
Credit card processing8.01 Ratings9.110 Ratings
Cost of goods sold9.03 Ratings00 Ratings
Order Orchestration8.02 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Deltek Vision
7.1
17 Ratings
4% below category average
Workday Financial Management
-
Ratings
Billing Management7.015 Ratings00 Ratings
Cash and Asset Management6.010 Ratings00 Ratings
Travel & Expense Management8.015 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting4.013 Ratings00 Ratings
Period Close8.014 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Deltek Vision
7.7
13 Ratings
1% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting8.012 Ratings00 Ratings
Project Costing8.013 Ratings00 Ratings
Cost Capture8.011 Ratings00 Ratings
Capital Project Management8.07 Ratings00 Ratings
Customer Contract Compliance7.06 Ratings00 Ratings
Project Revenue Recognition7.012 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Deltek Vision
7.0
12 Ratings
2% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling8.08 Ratings00 Ratings
Task Insight for Project Managers8.08 Ratings00 Ratings
Project Mobile Functionality8.07 Ratings00 Ratings
Definable Resource Pools8.03 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Deltek Vision
8.0
7 Ratings
6% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management8.02 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Deltek Vision
8.5
3 Ratings
20% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared10.01 Ratings00 Ratings
Contract Authoring7.31 Ratings00 Ratings
Contract Repository8.21 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Deltek Vision
6.6
2 Ratings
1% above category average
Workday Financial Management
-
Ratings
Risk Repository6.01 Ratings00 Ratings
Control Management6.01 Ratings00 Ratings
Control Efficiency Assessments7.01 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Deltek Vision
9.0
1 Ratings
27% above category average
Workday Financial Management
-
Ratings
Fulfillment Management9.01 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Deltek Vision
6.2
6 Ratings
16% below category average
Workday Financial Management
-
Ratings
Proposal Management7.06 Ratings00 Ratings
Product Master Data Management4.51 Ratings00 Ratings
Best Alternatives
Deltek VisionWorkday Financial Management
Small Businesses
Acumatica
Acumatica
Score 8.7 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
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User Ratings
Deltek VisionWorkday Financial Management
Likelihood to Recommend
8.0
(31 ratings)
8.6
(23 ratings)
Likelihood to Renew
10.0
(1 ratings)
9.0
(1 ratings)
Usability
7.0
(1 ratings)
9.5
(5 ratings)
Support Rating
9.0
(1 ratings)
9.6
(5 ratings)
User Testimonials
Deltek VisionWorkday Financial Management
Likelihood to Recommend
Deltek, Inc.
It is very well suited for Project Accounting - we have thousands of Project codes in the system. I wish it were easier to make changes to data already entered. You have to jump through hoops to make any changes or corrections and timing is everything.
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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
Deltek, Inc.
  • Deltek is a very integrated system for accounting purposes. It stores documents as support for postings (e.g. AP invoices) so you can easily access the source information.
  • Time tracking for our consultants is a must and Deltek has a good platform for tracking time and for accounting for time.
  • Deltek has the ability to run almost any kind of report that you could possibly think of! There are fields for almost everything and if there aren't specific fields you can add them.
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.
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Cons
Deltek, Inc.
  • Deltek Vision's use of the desktop browser interfaces could use some major upgrades. It's not very user-friendly. When a field is left blank it would prevent the user from saving the timesheet but would not clearly inform the user where the error has occurred.
  • Deltek Vision should provide a simple method to print summaries like have its own built-in pdf export program instead of relying on a 3rd party program like Adobe.
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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Likelihood to Renew
Deltek, Inc.
Because we are looking to upgrade to the next software level of Deltek.
Read full review
Workday
No answers on this topic
Usability
Deltek, Inc.
It's on the verge of being awesome. Right now it's a matter of money -- if you have the money to hire consultants round the clock, yeah this is awesome.
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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.
99% of the customer service specialists and technicians that I've encountered are quite awesome!
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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.
We have used Deltek Vision and previous versions (names) of the product since the early 1990's. We are engaged in the system and are committed to the continued use of the product. I have long supported the value added to our company and benefits realized by our users.
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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
Deltek, Inc.
  • We went from using a DOS-based accounting system that all the management had to go to Accounting for a weekly printout of status reports, and there wasn't much visibility into the network. Deltek Vision gave our PMs and management information at their fingertips, without having to wait on someone else to get the info.
  • A lot of quality control was handled outside of an electronic system through Microsoft Excel forms. With Deltek Vision's user-defined functions, we were able to bring those functions into a system that could then be reported on, send automatic reminders, and create dashboards. This has been hugely beneficial in not losing sight of action items etc.
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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.
Read full review
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