TrustRadius: an HG Insights company

Deltek Vision (legacy product) vs. Workday Financial Management

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Deltek Vision (legacy product)

    Score7.3 out of 10
    N/ADeltek Vision is enterprise resource planning (ERP) software for project based companies. It is a legacy product, and has been superseded by Deltek Vantagepoint.N/A

    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
    Deltek Vision (legacy product)Workday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Deltek Vision (legacy product)Workday 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 Vision (legacy product)Workday Financial Management
    Considered Both Products
    Discontinued Products
    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
    Deltek Vision (legacy product)Workday Financial Management
    Payroll Management
    Comparison of Payroll Management features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.0
    16 Ratings
    7% below category average
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation6.914 Ratings8.323 Ratings
    Benefit plan administration7.09 Ratings8.020 Ratings
    Direct deposit files7.213 Ratings8.220 Ratings
    Customization
    Comparison of Customization features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.5
    12 Ratings
    1% below category average
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    API for custom integration8.011 Ratings8.517 Ratings
    Plug-ins7.08 Ratings7.819 Ratings
    Security
    Comparison of Security features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    8.0
    24 Ratings
    5% below category average
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Single sign-on capability8.018 Ratings9.225 Ratings
    Role-based user permissions8.023 Ratings8.823 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    6.0
    29 Ratings
    23% below category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards5.027 Ratings8.127 Ratings
    Standard reports6.029 Ratings7.924 Ratings
    Custom reports7.029 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.6
    29 Ratings
    2% below category average
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable9.025 Ratings7.518 Ratings
    Accounts receivable7.024 Ratings6.918 Ratings
    Global Financial Support8.07 Ratings7.519 Ratings
    Primary and Secondary Ledgers8.014 Ratings7.319 Ratings
    Journals and Reconciliations8.015 Ratings7.716 Ratings
    Configurable Accounting8.012 Ratings7.719 Ratings
    Standardized Processes8.016 Ratings7.920 Ratings
    Inventory Management
    Comparison of Inventory Management features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    5.4
    2 Ratings
    39% below category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking6.52 Ratings7.611 Ratings
    Automatic reordering3.01 Ratings7.211 Ratings
    Location management6.12 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.9
    4 Ratings
    1% below category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Pricing7.04 Ratings00 Ratings
    Order entry7.02 Ratings00 Ratings
    Credit card processing8.01 Ratings7.211 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.1
    17 Ratings
    6% 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.7
    13 Ratings
    2% 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    7.0
    12 Ratings
    1% below 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    8.0
    7 Ratings
    7% above category average
    Workday Financial Management
    -
    Ratings
    Award Lifecycle Management8.02 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    8.5
    3 Ratings
    18% 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    6.6
    2 Ratings
    2% below 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 Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    9.0
    1 Ratings
    25% above category average
    Workday Financial Management
    -
    Ratings
    Fulfillment Management9.01 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Deltek Vision (legacy product) and Workday Financial Management
    Feature
    Deltek Vision (legacy product)
    6.2
    6 Ratings
    17% below category average
    Workday Financial Management
    -
    Ratings
    Proposal Management7.06 Ratings00 Ratings
    Product Master Data Management4.51 Ratings00 Ratings
    Best Alternatives
    Deltek Vision (legacy product)Workday 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
    Deltek Vision (legacy product)Workday Financial Management
    Likelihood to Recommend
    8.0
    (31 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    Usability
    7.0
    (1 ratings)
    9.0
    (10 ratings)
    Support Rating
    9.0
    (1 ratings)
    10.0
    (5 ratings)
    User Testimonials
    Deltek Vision (legacy product)Workday Financial Management
    Likelihood to Recommend
    Discontinued Products
    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.
    Incentivized
    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
    Discontinued Products
    • 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.
    Incentivized
    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
    Discontinued Products
    • 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.
    Incentivized
    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
    Likelihood to Renew
    Discontinued Products
    Because we are looking to upgrade to the next software level of Deltek.
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Usability
    Discontinued Products
    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.
    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
    Discontinued Products
    99% of the customer service specialists and technicians that I've encountered are quite awesome!
    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
    Discontinued Products
    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.
    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
    Discontinued Products
    • 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.
    Incentivized
    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