Ridder iQ is a manufacturing ERP, from ECI Software Solutions. Ridder iQ includes customer relationship management functionality that is fully integrated, and includes an integration with Outlook for email.
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Workday Financial Management
Score 8.2 out of 10
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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…
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Pricing
Ridder iQ
Workday Financial Management
Editions & Modules
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Offerings
Pricing Offerings
Ridder iQ
Workday Financial Management
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Ridder iQ
Workday Financial Management
Features
Ridder iQ
Workday Financial Management
Customization
Comparison of Customization features of Product A and Product B
Ridder iQ
6.0
18 Ratings
22% below category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration
6.117 Ratings
8.516 Ratings
Plug-ins
5.915 Ratings
7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Ridder iQ
8.1
20 Ratings
3% below category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability
7.817 Ratings
9.024 Ratings
Role-based user permissions
8.419 Ratings
8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Ridder iQ
7.4
19 Ratings
1% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards
7.117 Ratings
7.926 Ratings
Standard reports
6.618 Ratings
8.123 Ratings
Custom reports
8.518 Ratings
7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Ridder iQ
6.5
18 Ratings
17% below category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable
6.818 Ratings
7.617 Ratings
Accounts receivable
6.918 Ratings
7.417 Ratings
Global Financial Support
6.012 Ratings
7.418 Ratings
Primary and Secondary Ledgers
6.211 Ratings
7.418 Ratings
Journals and Reconciliations
6.714 Ratings
7.715 Ratings
Configurable Accounting
6.414 Ratings
7.418 Ratings
Standardized Processes
6.314 Ratings
8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Ridder iQ
6.2
16 Ratings
24% below category average
Workday Financial Management
7.3
10 Ratings
8% below category average
Inventory tracking
6.316 Ratings
7.610 Ratings
Automatic reordering
7.214 Ratings
7.410 Ratings
Location management
5.313 Ratings
6.89 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Ridder iQ
7.7
20 Ratings
1% below category average
Workday Financial Management
7.1
10 Ratings
10% below category average
Pricing
8.020 Ratings
00 Ratings
Order entry
7.819 Ratings
00 Ratings
Cost of goods sold
7.320 Ratings
00 Ratings
Order Orchestration
7.618 Ratings
00 Ratings
Credit card processing
00 Ratings
7.110 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Ridder iQ
5.6
16 Ratings
28% below category average
Workday Financial Management
-
Ratings
Billing Management
7.516 Ratings
00 Ratings
Cash and Asset Management
6.114 Ratings
00 Ratings
Travel & Expense Management
4.28 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
4.712 Ratings
00 Ratings
Period Close
5.614 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Ridder iQ
5.6
13 Ratings
22% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
5.013 Ratings
00 Ratings
Task Insight for Project Managers
6.112 Ratings
00 Ratings
Definable Resource Pools
5.612 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Ridder iQ
5.4
16 Ratings
25% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
5.210 Ratings
00 Ratings
Contract Authoring
5.18 Ratings
00 Ratings
Contract Repository
4.97 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
5.810 Ratings
00 Ratings
Supplier Management
6.016 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Ridder iQ
5.1
7 Ratings
25% below category average
Workday Financial Management
-
Ratings
Risk Repository
4.95 Ratings
00 Ratings
Control Management
5.35 Ratings
00 Ratings
Control Efficiency Assessments
5.54 Ratings
00 Ratings
Issue Detection
4.77 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Ridder iQ
6.4
13 Ratings
6% below category average
Workday Financial Management
-
Ratings
Transportation Execution Management
6.412 Ratings
00 Ratings
Trade and Customs Management
6.312 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Ridder iQ
7.7
19 Ratings
4% above category average
Workday Financial Management
-
Ratings
Production Process Design
8.116 Ratings
00 Ratings
Production Management
7.517 Ratings
00 Ratings
Configuration Management
8.117 Ratings
00 Ratings
Work Execution
7.617 Ratings
00 Ratings
Manufacturing Costs
7.317 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Ridder iQ
6.2
16 Ratings
14% below category average
Workday Financial Management
-
Ratings
Forecasting
6.213 Ratings
00 Ratings
Inventory Planning
6.516 Ratings
00 Ratings
Performance Monitoring
6.015 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Ridder iQ
5.4
11 Ratings
29% below category average
Workday Financial Management
-
Ratings
Proposal Management
5.110 Ratings
00 Ratings
Product Master Data Management
5.611 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
The best in the complete production process. It provides the correct info in a very usable way. It is pretty good in sales, but the lack of discounts for sales goods and sales production is not ideal. On the other hand, ECI provides an excellent service for looking for custom solutions where we need them. Dutch Translation: De beste in het complete productieproces. Het biedt de juiste informatie op een zeer bruikbare manier. Het is redelijk goed in de verkoop, maar het gebrek aan kortingen op verkoopartikelen en verkoopproductie is niet ideaal. Aan de andere kant biedt ECI een uitstekende service bij het zoeken naar maatwerkoplossingen waar we die nodig hebben. This review was originally written in English and has been translated into Dutch using a third-party translation tool. While we strive for accuracy, some nuances or meanings may not be perfectly captured.
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.
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.
Its nice software but it is very, very slow in webification and integration possibilities by using api's. Untill now the programm has client-server technology unfortunately. And there are far too less no code adjustments possible.
The working environment can be perfectly designed for every user and department, which makes the user-friendliness very good. Adding columns, formatting tables can all be customized to the user. Dutch Translation: De werkomgeving is perfect in te richten voor elke gebruiker en afdeling, wat de gebruiksvriendelijkheid zeer hoog maakt. Het toevoegen van kolommen en het opmaken van tabellen is allemaal aanpasbaar aan de gebruiker.
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.
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.
Ridder iQ is specialized for our business and has people who bring a lot of knowledge to the table, so Ridder iQ is far more suited than a ERP solution which is not specilized in the make-industry. Furthermore, the customizability of Ridder stands out compared to solutions like ISAH. Therefore, the choice was an easy one, because knowledge and customizability are important criteria. Dutch Translation: Ridder iQ is gespecialiseerd in onze branche en heeft mensen met veel kennis in huis. Ridder iQ is daarom veel geschikter dan een ERP-oplossing, die niet gespecialiseerd is in de maakindustrie. Bovendien onderscheidt Ridder iQ zich qua aanpasbaarheid ten opzichte van oplossingen zoals ISAH. De keuze was dan ook snel gemaakt, want kennis en aanpasbaarheid zijn belangrijke criteria.
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.
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.