Epicor Eclipse is an end-to-end business system for wholesale distributors, as well as electrical, HVAC, plumbing and PVF businesses. Eclipse simplifies complex distribution processes found in today’s dynamic supply chains.
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Workday Financial Management
Score 8.3 out of 10
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Workday 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…
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Pricing
Epicor Eclipse
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Epicor Eclipse
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
Epicor Eclipse
Workday Financial Management
Features
Epicor Eclipse
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Epicor Eclipse
7.8
7 Ratings
5% above category average
Workday Financial Management
8.1
23 Ratings
9% above category average
Pay calculation
8.15 Ratings
8.323 Ratings
Benefit plan administration
8.15 Ratings
8.020 Ratings
Direct deposit files
8.17 Ratings
8.120 Ratings
Customization
Comparison of Customization features of Product A and Product B
Epicor Eclipse
6.4
15 Ratings
16% below category average
Workday Financial Management
8.1
20 Ratings
8% above category average
API for custom integration
6.113 Ratings
8.517 Ratings
Plug-ins
6.815 Ratings
7.719 Ratings
Security
Comparison of Security features of Product A and Product B
Epicor Eclipse
6.1
21 Ratings
32% below category average
Workday Financial Management
9.0
25 Ratings
7% above category average
Single sign-on capability
5.514 Ratings
9.225 Ratings
Role-based user permissions
6.721 Ratings
8.823 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Epicor Eclipse
5.2
24 Ratings
35% below category average
Workday Financial Management
7.9
27 Ratings
7% above category average
Dashboards
5.318 Ratings
8.027 Ratings
Standard reports
5.424 Ratings
7.924 Ratings
Custom reports
4.724 Ratings
8.022 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Epicor Eclipse
7.2
28 Ratings
7% below category average
Workday Financial Management
7.7
23 Ratings
0% above category average
Accounts payable
7.328 Ratings
7.518 Ratings
Accounts receivable
7.423 Ratings
6.918 Ratings
Global Financial Support
7.313 Ratings
7.419 Ratings
Primary and Secondary Ledgers
7.413 Ratings
7.319 Ratings
Journals and Reconciliations
7.119 Ratings
7.616 Ratings
Configurable Accounting
7.017 Ratings
7.519 Ratings
Standardized Processes
7.020 Ratings
7.820 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Epicor Eclipse
6.5
25 Ratings
20% below category average
Workday Financial Management
7.1
11 Ratings
12% below category average
Inventory tracking
6.725 Ratings
7.511 Ratings
Automatic reordering
6.220 Ratings
7.211 Ratings
Location management
6.424 Ratings
6.710 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Epicor Eclipse
7.1
25 Ratings
11% below category average
Workday Financial Management
7.1
11 Ratings
11% below category average
Pricing
7.025 Ratings
00 Ratings
Order entry
8.325 Ratings
00 Ratings
Credit card processing
6.921 Ratings
7.111 Ratings
Cost of goods sold
6.724 Ratings
00 Ratings
Order Orchestration
7.321 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Epicor Eclipse
7.0
21 Ratings
7% below category average
Workday Financial Management
-
Ratings
Billing Management
7.319 Ratings
00 Ratings
Cash and Asset Management
7.216 Ratings
00 Ratings
Travel & Expense Management
5.011 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
5.010 Ratings
00 Ratings
Period Close
7.219 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Epicor Eclipse
5.7
9 Ratings
28% below category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting
6.86 Ratings
00 Ratings
Project Costing
7.26 Ratings
00 Ratings
Cost Capture
6.26 Ratings
00 Ratings
Capital Project Management
6.05 Ratings
00 Ratings
Customer Contract Compliance
7.75 Ratings
00 Ratings
Project Revenue Recognition
7.04 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Epicor Eclipse
6.7
10 Ratings
5% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
6.66 Ratings
00 Ratings
Task Insight for Project Managers
7.27 Ratings
00 Ratings
Project Mobile Functionality
7.36 Ratings
00 Ratings
Definable Resource Pools
7.04 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Epicor Eclipse
7.5
7 Ratings
1% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management
6.16 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Epicor Eclipse
6.3
15 Ratings
11% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
7.412 Ratings
00 Ratings
Contract Authoring
7.07 Ratings
00 Ratings
Contract Repository
6.18 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
7.09 Ratings
00 Ratings
Supplier Management
7.110 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Epicor Eclipse
5.9
8 Ratings
13% below category average
Workday Financial Management
-
Ratings
Risk Repository
6.65 Ratings
00 Ratings
Control Management
7.06 Ratings
00 Ratings
Control Efficiency Assessments
6.64 Ratings
00 Ratings
Issue Detection
7.25 Ratings
00 Ratings
Remediation and Certification
6.76 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Epicor Eclipse
5.3
16 Ratings
27% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization
5.310 Ratings
00 Ratings
Transportation Execution Management
6.111 Ratings
00 Ratings
Trade and Customs Management
6.17 Ratings
00 Ratings
Fulfillment Management
6.57 Ratings
00 Ratings
Warehouse Workforce Management
6.09 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Epicor Eclipse
6.3
8 Ratings
17% below category average
Workday Financial Management
-
Ratings
Production Process Design
7.26 Ratings
00 Ratings
Production Management
7.48 Ratings
00 Ratings
Configuration Management
7.95 Ratings
00 Ratings
Work Execution
8.06 Ratings
00 Ratings
Manufacturing Costs
8.36 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Epicor Eclipse
6.1
19 Ratings
18% below category average
Workday Financial Management
-
Ratings
Forecasting
7.116 Ratings
00 Ratings
Inventory Planning
7.017 Ratings
00 Ratings
Performance Monitoring
6.114 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
The capabilities, when combined with some of the integration offerings, make for a really nice platform. Coming from another company where we had several systems for processing inbound, outbound, e-commerce, sales, etc., it is nice to have everything contained in one system. makes communication within the company easier and teaching easier.
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 order entry process is very smooth, allowing users to see availability and immediately source unavailable items from vendors or other branches with single keystrokes or clicks. You can choose what columns of information display in order entry to help order writers make decisions.
A set of built-in and unlimited user-defined "queues" allow users to be pro-active - always knowing what needs to be taken care of in real time. A "Trouble" queue, for example, shows a user their orders where the available date is further out than the requested date so they can take action.
The RF warehouse system directs one or more pickers through the entire process of picking a customer's order and eliminates mistakes through scanning barcodes for both the shelf location and the product. The Carton Packing add-on can be used to verify quantities and products during packing, and product labels that indicate the order shipping information along with the package contents and quantities.
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.
In my opinion, Epicor seems to want to sell add-on products constantly. They don't provide pricing at the beginning, but then rely on sticker shock and hidden costs (e.g. APIs)
There are times when we cannot figure out where numbers are coming from, especially costs. It would be nice if there was a way to see, in plain English, where a cost is coming from.
It seems unconscionable that we are unable to print financial statements to a pdf file.
In our experience, Support, which had been going well for a while, has become much less reliable and not very timely.
For several reasons. First, they have used this system for 20 years and to change would be costly, not only for a new system but also to try and train everyone on said new system. Second, the system is ideal for our industry and very easy to learn for any new employees that come into the organization. Third, I'm fairly certain the powers that be wouldn't want to try and learn something new and deal with the usual bugs that go with implementing a new system (the special nuances that each company has that can get overlooked when they are in the process of implementing software).
Epicor Eclipse has saved our organization from financial mismanagement, which could lead to operational inefficiencies. It has streamlined purchase orders and invoice processing, reducing instances of underpayment and overpayment. It has enhanced the segmentation of financial statements by store and by day, making it easier to track profitability.
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.
I haven't experienced any outages in the two years I have been using the system. It is always available as long as the computer is up. The only time I have seen it not be available was on occasions where we lost internet, or power and then we lost access to everything, not just Epicor Eclipse.
Everything in this system moves fairly quickly, that may be in part because we are a small company with only 21 users on the system at a time, or it may just be a the way the Epicor Eclipse works for any size company with any number of users. I can only speak for what I know and say that it is fast for our purposes.
The tier 1 support is trying, and sometimes they are successful. Sometimes they aren't. This topic isn't as black and white as the questions might suggest. Currently their Tier 1 support team is over seas, all items automatically go to Tier 1 and then when they can't help they either escalate it or tell me they need to check with someone else and they will get back to me. If they escalate me to Tier 2, then the issue comes back to the States and the support is usually at a higher knowledge/experience level and it can get resolved fairly quickly. If they don't escalate, then it might take weeks and multiple follow ups on my part before I either get a satisfactory resolution or finally get escalated.
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.
The training classes that I have attended have been top notch. The presenters are extremely knowledgeable on their subject matter, including real-world application of the system. They aren't just software techs training end users, they seem to be end users that have become experts in the over functionality and capabilities of the system.
The on-line training is very good, and it is taught by the same people that do the live in-person training sessions. The difficult part of it is, asking questions about your specific company's nuances or special circumstances. I don't remember if you can access the on-line training sessions after you have taken them for reminders purposes, but if so that is a great asset.
I don't really know about the implementation, it was back in 1998 and I didn't start here until 2016. By the time I started here they had been running it for a number of years and most of the people that were here when it was implemented are no longer here, and the ones that are don't really have much to say about how the implementation went either bad or good.
Most of my experience has been with Epicor's Prophet 21. For most distribution verticals, Prophet 21 is the only way to go. The comparison I've drawn is this: Prophet 21 is like a ferrari. Epicor Eclipse is like a reliable donkey. Both get you from point A to point B but Prophet 21 is going to get you there much quicker and with the kind of insight into your business that will help you thrive.
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.
I don't really know about the scalability. It's the same as it was when I started, I do know that you can buy more user licenses, but I think they come in packs of 5, which can be a problem if you only need 1 and will never use the other 4. But, again I'm not sure on that.
Reporting features allow tracking items trending downward which can glut inventory space and dollars if not adjusted
GMROI reports help analyze turn ratios and adjusted dollar values and margins of product lines.
Suggested Purchase Order features allowed controlled inventory purchases which avoid lost sales while managing overall dollars invested in an acquired product with the lowest freight costs possible.
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.