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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Spruce

    Score9.2 out of 10
    N/ASpruce is an end-to-end business management software that allows lumber, home, and building supply businesses to manage purchasing, inventory, ecommerce, documentation, delivery, accounting, and sales analytics all within a single system for increased efficiency and profitability.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
    SpruceWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SpruceWorkday 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
    SpruceWorkday Financial Management
    Considered Both Products
    ECI Software Solutions
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    80%
    Would buy again
    4 Answers
    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
    100%
    Happy with the feature set
    5 Answers
    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
    SpruceWorkday Financial Management
    Security
    Comparison of Security features of Spruce and Workday Financial Management
    Feature
    Spruce
    9.4
    4 Ratings
    11% above category average
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Role-based user permissions9.44 Ratings8.823 Ratings
    Single sign-on capability00 Ratings9.225 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Spruce and Workday Financial Management
    Feature
    Spruce
    6.8
    4 Ratings
    10% below category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards6.12 Ratings8.127 Ratings
    Standard reports7.14 Ratings7.924 Ratings
    Custom reports7.14 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Spruce and Workday Financial Management
    Feature
    Spruce
    8.2
    5 Ratings
    6% above category average
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable8.54 Ratings7.518 Ratings
    Accounts receivable8.15 Ratings6.918 Ratings
    Journals and Reconciliations7.95 Ratings7.716 Ratings
    Configurable Accounting9.02 Ratings7.719 Ratings
    Standardized Processes7.64 Ratings7.920 Ratings
    Global Financial Support00 Ratings7.519 Ratings
    Primary and Secondary Ledgers00 Ratings7.319 Ratings
    Inventory Management
    Comparison of Inventory Management features of Spruce and Workday Financial Management
    Feature
    Spruce
    5.8
    4 Ratings
    32% below category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking8.54 Ratings7.611 Ratings
    Automatic reordering3.92 Ratings7.211 Ratings
    Location management5.22 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of Spruce and Workday Financial Management
    Feature
    Spruce
    8.4
    4 Ratings
    6% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Pricing7.74 Ratings00 Ratings
    Order entry8.64 Ratings00 Ratings
    Credit card processing7.92 Ratings7.211 Ratings
    Cost of goods sold7.63 Ratings00 Ratings
    Order Orchestration10.01 Ratings00 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Spruce and Workday Financial Management
    Feature
    Spruce
    8.0
    4 Ratings
    6% above category average
    Workday Financial Management
    -
    Ratings
    Billing Management7.54 Ratings00 Ratings
    Cash and Asset Management8.03 Ratings00 Ratings
    Budgetary Control & Encumbrance Accounting8.02 Ratings00 Ratings
    Period Close8.63 Ratings00 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Spruce and Workday Financial Management
    Feature
    Spruce
    7.5
    1 Ratings
    6% above category average
    Workday Financial Management
    -
    Ratings
    Task Insight for Project Managers8.01 Ratings00 Ratings
    Project Mobile Functionality7.01 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of Spruce and Workday Financial Management
    Feature
    Spruce
    5.0
    1 Ratings
    35% below category average
    Workday Financial Management
    -
    Ratings
    Bids Analyzed and Compared6.01 Ratings00 Ratings
    Requisitions-to-Purchase Orders Integrated4.01 Ratings00 Ratings
    Manufacturing
    Comparison of Manufacturing features of Spruce and Workday Financial Management
    Feature
    Spruce
    7.0
    2 Ratings
    7% below category average
    Workday Financial Management
    -
    Ratings
    Configuration Management7.52 Ratings00 Ratings
    Work Execution6.52 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of Spruce and Workday Financial Management
    Feature
    Spruce
    5.4
    2 Ratings
    30% below category average
    Workday Financial Management
    -
    Ratings
    Inventory Planning5.42 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Spruce and Workday Financial Management
    Feature
    Spruce
    8.0
    1 Ratings
    8% above category average
    Workday Financial Management
    -
    Ratings
    Product Master Data Management8.01 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Spruce and Workday Financial Management
    Feature
    Spruce
    -
    Ratings
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation00 Ratings8.323 Ratings
    Benefit plan administration00 Ratings8.020 Ratings
    Direct deposit files00 Ratings8.220 Ratings
    Customization
    Comparison of Customization features of Spruce and Workday Financial Management
    Feature
    Spruce
    -
    Ratings
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    API for custom integration00 Ratings8.517 Ratings
    Plug-ins00 Ratings7.819 Ratings
    Best Alternatives
    SpruceWorkday 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
    SpruceWorkday Financial Management
    Likelihood to Recommend
    8.1
    (5 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (10 ratings)
    Availability
    8.4
    (5 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (5 ratings)
    User Testimonials
    SpruceWorkday Financial Management
    Likelihood to Recommend
    ECI Software Solutions
    I think my single most surprising and satisfying experience with ECI and its RockSolid Maxx and then Spruce products was the ease of implementation and rollout -- both on the hardware and software side. ECI seems to have mastered the idea of using an integrated team along with robust tutorials to make that process easy.
    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
    ECI Software Solutions
    • lumber management.
    • purchasing and receiving.
    • Cloud based.
    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
    ECI Software Solutions
    • Point of sales
    • P&L usability
    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
    Usability
    ECI Software Solutions
    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.
    Incentivized
    Read full review
    Reliability and Availability
    ECI Software Solutions
    For the most part when there is internet, we are able to log in and proceed to do our daily tasks which is very helpful, but we have also encountered a glitch on our laptop that we use to do inventory that switches to the last branch that was used. This, in combination with Spruce logging out of the remote connection daily, can cause issues if the person accessing Spruce does not have the remote connection password.
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Support Rating
    ECI Software Solutions
    No answers on this topic
    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
    ECI Software Solutions
    Spruce is possibly just above average. Not super impressed with usability and especially not impressed with tech support who is rarely able to answer questions on the first call.
    Incentivized
    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
    ECI Software Solutions
    • With $13 million in gross and 40 employees I'm able to run a full back office with a staff of two. In today's tight labor market that is invaluable.
    • Being able to implement Spruce with almost no upgrading or replacement of existing computer hardware represented a huge cost savings to us. I'm not even sure what dollar amount I could attach to that.
    • Dealing with both a wholesale and retail customers requires that we provide different levels and kinds of reporting and documentation. Spruce has made it easy to respond to the different demands that those customers place upon us.
    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