Epicor Prophet 21 vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Epicor Prophet 21
Score 5.8 out of 10
N/A
Prophet 21 from Epicor is a distribution ERP providing SCM capabilities (warehouse, inventory) as well as the ability to streamline quote-to-cash cycle, improve margins, and fulfill orders.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
Epicor Prophet 21Workday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Epicor Prophet 21Workday 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
Epicor Prophet 21Workday Financial Management
Top Pros
Top Cons
Features
Epicor Prophet 21Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Epicor Prophet 21
6.6
4 Ratings
9% below category average
Workday Financial Management
8.3
19 Ratings
14% above category average
Pay calculation8.04 Ratings8.519 Ratings
Benefit plan administration6.72 Ratings8.716 Ratings
Direct deposit files5.93 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
Epicor Prophet 21
9.0
15 Ratings
21% above category average
Workday Financial Management
8.2
17 Ratings
12% above category average
API for custom integration9.015 Ratings8.314 Ratings
Plug-ins9.014 Ratings8.216 Ratings
Security
Comparison of Security features of Product A and Product B
Epicor Prophet 21
8.6
24 Ratings
6% above category average
Workday Financial Management
8.8
21 Ratings
8% above category average
Single sign-on capability9.321 Ratings8.821 Ratings
Role-based user permissions8.023 Ratings8.919 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Epicor Prophet 21
6.4
27 Ratings
9% below category average
Workday Financial Management
8.5
24 Ratings
20% above category average
Dashboards6.021 Ratings8.424 Ratings
Standard reports6.027 Ratings8.820 Ratings
Custom reports7.022 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Epicor Prophet 21
6.0
23 Ratings
24% below category average
Workday Financial Management
8.5
20 Ratings
11% above category average
Accounts payable5.823 Ratings9.015 Ratings
Accounts receivable5.823 Ratings9.115 Ratings
Global Financial Support3.010 Ratings8.516 Ratings
Primary and Secondary Ledgers1.212 Ratings8.716 Ratings
Journals and Reconciliations9.013 Ratings8.913 Ratings
Configurable Accounting5.811 Ratings8.316 Ratings
Standardized Processes5.813 Ratings9.017 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Epicor Prophet 21
1.7
25 Ratings
129% below category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking2.225 Ratings9.09 Ratings
Automatic reordering2.218 Ratings8.69 Ratings
Location management1.321 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Epicor Prophet 21
8.0
25 Ratings
3% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing8.024 Ratings00 Ratings
Order entry8.025 Ratings00 Ratings
Credit card processing7.019 Ratings9.110 Ratings
Cost of goods sold8.024 Ratings00 Ratings
Order Orchestration8.013 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Epicor Prophet 21
4.2
16 Ratings
55% below category average
Workday Financial Management
-
Ratings
Billing Management5.813 Ratings00 Ratings
Cash and Asset Management5.814 Ratings00 Ratings
Travel & Expense Management4.59 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting1.28 Ratings00 Ratings
Period Close1.315 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Epicor Prophet 21
9.0
8 Ratings
17% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting9.06 Ratings00 Ratings
Project Costing9.04 Ratings00 Ratings
Cost Capture9.04 Ratings00 Ratings
Capital Project Management9.03 Ratings00 Ratings
Customer Contract Compliance9.08 Ratings00 Ratings
Project Revenue Recognition9.03 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Epicor Prophet 21
1.0
3 Ratings
149% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling1.03 Ratings00 Ratings
Task Insight for Project Managers1.03 Ratings00 Ratings
Project Mobile Functionality1.03 Ratings00 Ratings
Definable Resource Pools1.03 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Epicor Prophet 21
4.9
3 Ratings
43% below category average
Workday Financial Management
-
Ratings
Award Lifecycle Management4.02 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Epicor Prophet 21
1.8
8 Ratings
118% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared1.26 Ratings00 Ratings
Contract Authoring9.05 Ratings00 Ratings
Contract Repository1.25 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated1.25 Ratings00 Ratings
Supplier Management1.26 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Epicor Prophet 21
1.2
3 Ratings
138% below category average
Workday Financial Management
-
Ratings
Risk Repository1.23 Ratings00 Ratings
Control Management1.23 Ratings00 Ratings
Control Efficiency Assessments1.23 Ratings00 Ratings
Issue Detection1.23 Ratings00 Ratings
Remediation and Certification1.02 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Epicor Prophet 21
1.1
10 Ratings
145% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization1.27 Ratings00 Ratings
Transportation Execution Management1.25 Ratings00 Ratings
Trade and Customs Management1.04 Ratings00 Ratings
Fulfillment Management1.26 Ratings00 Ratings
Warehouse Workforce Management1.27 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Epicor Prophet 21
1.0
3 Ratings
153% below category average
Workday Financial Management
-
Ratings
Production Process Design1.02 Ratings00 Ratings
Production Management1.02 Ratings00 Ratings
Configuration Management1.02 Ratings00 Ratings
Work Execution1.03 Ratings00 Ratings
Manufacturing Costs1.02 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Epicor Prophet 21
3.0
13 Ratings
83% below category average
Workday Financial Management
-
Ratings
Forecasting1.211 Ratings00 Ratings
Inventory Planning8.512 Ratings00 Ratings
Performance Monitoring1.211 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Epicor Prophet 21
1.1
4 Ratings
147% below category average
Workday Financial Management
-
Ratings
Proposal Management1.23 Ratings00 Ratings
Product Master Data Management1.23 Ratings00 Ratings
Best Alternatives
Epicor Prophet 21Workday Financial Management
Small Businesses
Acumatica
Acumatica
Score 8.8 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.1 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
All AlternativesView all alternativesView all alternatives
User Ratings
Epicor Prophet 21Workday Financial Management
Likelihood to Recommend
5.8
(28 ratings)
8.7
(24 ratings)
Likelihood to Renew
9.1
(1 ratings)
9.0
(1 ratings)
Usability
5.8
(3 ratings)
9.5
(5 ratings)
Availability
8.2
(1 ratings)
-
(0 ratings)
Performance
6.4
(1 ratings)
-
(0 ratings)
Support Rating
6.5
(4 ratings)
9.7
(5 ratings)
In-Person Training
8.2
(1 ratings)
-
(0 ratings)
Online Training
7.3
(1 ratings)
-
(0 ratings)
Implementation Rating
6.4
(1 ratings)
-
(0 ratings)
Configurability
6.4
(1 ratings)
-
(0 ratings)
Ease of integration
5.5
(1 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.2
(1 ratings)
-
(0 ratings)
Vendor pre-sale
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
Epicor Prophet 21Workday Financial Management
Likelihood to Recommend
Epicor Software
Good for distribution organizations with warehousing. Can also support both Accounts Receivable and Accounts Payable, although a more thorough Accounting package is recommended. Is strong when it comes to integrating bar codes and scanners, particularly for warehouse maintenance. Prophet 21 does include a basic CRM offering. However, it is very basic, and for any real Customer Resource management, a third-party tool is best (even recommended by Epicor.)
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.
Read full review
Pros
Epicor Software
  • The system allows us to pretty much design it to work the way want it to work. It is a very flexible system for the most part.
  • The system doesn't let you make too many shortcuts with getting something processed. It forces you to go through the proper steps.
  • The system keeps track of everything and can be easily retrieved through history searches. Detailed reports, graphs, ....
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.
Read full review
Cons
Epicor Software
  • Prophet 21 could use better management tools for its own data. The database has a tendency to bloat and over time can grow exceedingly large without administrative intervention.
  • The UI can be cluttered at times and the windows tend to jump into focus or drop from focus when it isn't expected causing user confusion and data entry errors.
  • Branding on forms and the UI is almost nonexistent. Customizations of screen aesthetics and form layout options should be easier and not require custom programming.
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
Read full review
Likelihood to Renew
Epicor Software
I've used Epicor Prophet 21 for about 12 years (in various iterations). It started out as CommerceCenter by Prophet 21 then became Prophet 21 by Activant and then Prophet 21 by Epicor. So frequently, when a software company is acquired, it stops being great. That has not been the case with Epicor Prophet 21. Over the years they've been under Epicor, the product has just gotten better and better, with major extensibility enhancements and new mobile components coming online.
Read full review
Workday
No answers on this topic
Usability
Epicor Software
Overall, I love using Prophet 21. With a few rare exceptions, functions within the application have been streamlined so they can be used with as few clicks and key presses as possible. That's not to say they've given up any functionality. The platform is incredibly powerful; just easy to use.
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.
Read full review
Reliability and Availability
Epicor Software
When hosted locally, you don't have to worry about outages unless the power goes out and the battery backups fail. It can also be hosted in the cloud which is as reliable as your internet connection. There's really no concern for outages in the software by itself. Outages are controlled by external factors.
Read full review
Workday
No answers on this topic
Performance
Epicor Software
I do feel like there are some screens and reports that could be streamlined. Prophet 21 likes to load features all at once when going into a program but a quicker load time into order entry, for example, is worth having a little latency while a non-essential tab that doesn't get used very often is opened.
Read full review
Workday
No answers on this topic
Support Rating
Epicor Software
The support is some of the worst I've seen across all the 122 software vendors we work with. Everything is offshore and it is always vague answers, links to wiki's that don't apply, and when we pay for project support they charge $200 an hour for someone who works remote from Mexico to call you on a poor quality VoIP connection that isn't all that well trained and often doesn't have basic IT skills
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.
Read full review
In-Person Training
Epicor Software
The on-site training was great. I give it a 9 because the trainer was a chain smoker who had to excuse herself a lot to smoke. Kind of unprofessional. She was a very good trainer though.
Read full review
Workday
No answers on this topic
Online Training
Epicor Software
I had a great time with the online training. Most of the online trainings were live which meant you had opportunity to interact with instructors. I liked trying to derail them by posting funny comments to the chat window. The only complaint I had about these is they weren't recorded for later use. Well, another complaint is that they were sometimes too short.
Read full review
Workday
No answers on this topic
Implementation Rating
Epicor Software
The overall implementation is smooth. Prophet 21 sends someone on-site for as many days as you need them to step through the initial implementation. Data conversion is the biggest trick. Make sure you get help with that portion of implementation. Also, be sure to offer plenty of training incentives to keep people coming back for more training. A little money spent up front will save you tons of headaches later.
Read full review
Workday
No answers on this topic
Alternatives Considered
Epicor Software
I have not looked at them in detail, but have received a lot of positive comments through out the industry, we're on the fence in regards to viability of cloud based solutions, but from the information we have received it seems like NetSuite has developed a good solution for the industry.
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.
Read full review
Scalability
Epicor Software
Prophet 21 is very reliable. The database is robust and well designed. The application is also hard to break. If there's one feature I don't like, it's that they haven't accounted for the dreaded single quote. That's kind of the bane of Microsoft SQL's existence. They need to escape that character in every field that will accept it in the system. Otherwise, the system throws all kinds of errors and many times will crash.
Read full review
Workday
No answers on this topic
Return on Investment
Epicor Software
  • P21 has been very good with how we handle cash collections and had a positive impact for us.
  • P21 user interface saves time and thus makes people more efficient by allowing customizations.
  • With ordering, inventory, customer information, and CRM all in one location it makes the need for other programs like goldmine become obsolete.
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.
Read full review
ScreenShots