Exact Globe+ vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Globe+
Score 8.2 out of 10
N/A
Exact Global is an ERP for global manufacturing companies, from global company Exact Software headquartered in the Netherlands.N/A
Workday Financial Management
Score 8.2 out of 10
N/A
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…N/A
Pricing
Exact Globe+Workday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Exact Globe+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
Exact Globe+Workday Financial Management
Features
Exact Globe+Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Exact Globe+
9.0
2 Ratings
20% above category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation9.02 Ratings8.322 Ratings
Benefit plan administration9.02 Ratings8.019 Ratings
Direct deposit files9.02 Ratings8.019 Ratings
Customization
Comparison of Customization features of Product A and Product B
Exact Globe+
9.0
2 Ratings
19% above category average
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration9.02 Ratings8.516 Ratings
Plug-ins9.02 Ratings7.618 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Globe+
9.5
3 Ratings
13% above category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability10.02 Ratings9.124 Ratings
Role-based user permissions9.03 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Exact Globe+
9.0
3 Ratings
21% above category average
Workday Financial Management
7.9
26 Ratings
8% above category average
Dashboards9.03 Ratings7.826 Ratings
Standard reports9.03 Ratings8.023 Ratings
Custom reports9.03 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Exact Globe+
8.9
2 Ratings
15% above category average
Workday Financial Management
7.7
22 Ratings
1% above category average
Accounts payable10.02 Ratings7.517 Ratings
Accounts receivable9.02 Ratings7.217 Ratings
Global Financial Support9.02 Ratings7.318 Ratings
Primary and Secondary Ledgers9.02 Ratings7.318 Ratings
Journals and Reconciliations9.02 Ratings7.515 Ratings
Configurable Accounting8.02 Ratings7.318 Ratings
Standardized Processes9.02 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Globe+
9.8
3 Ratings
21% above category average
Workday Financial Management
7.1
10 Ratings
11% below category average
Inventory tracking10.03 Ratings7.410 Ratings
Automatic reordering9.03 Ratings7.310 Ratings
Location management10.03 Ratings6.79 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Exact Globe+
9.3
3 Ratings
18% above category average
Workday Financial Management
6.9
10 Ratings
12% below category average
Pricing10.03 Ratings00 Ratings
Order entry9.03 Ratings00 Ratings
Credit card processing9.02 Ratings6.910 Ratings
Cost of goods sold10.03 Ratings00 Ratings
Order Orchestration9.03 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Globe+
8.6
2 Ratings
14% above category average
Workday Financial Management
-
Ratings
Billing Management9.02 Ratings00 Ratings
Cash and Asset Management9.02 Ratings00 Ratings
Travel & Expense Management2.01 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting9.02 Ratings00 Ratings
Period Close9.02 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Exact Globe+
7.8
2 Ratings
3% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting9.01 Ratings00 Ratings
Project Costing9.01 Ratings00 Ratings
Cost Capture8.01 Ratings00 Ratings
Capital Project Management8.01 Ratings00 Ratings
Customer Contract Compliance9.02 Ratings00 Ratings
Project Revenue Recognition8.01 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Globe+
7.7
1 Ratings
10% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling9.01 Ratings00 Ratings
Task Insight for Project Managers8.01 Ratings00 Ratings
Project Mobile Functionality8.01 Ratings00 Ratings
Definable Resource Pools8.01 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Exact Globe+
8.8
2 Ratings
18% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management8.02 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Globe+
9.3
3 Ratings
28% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared10.02 Ratings00 Ratings
Contract Authoring9.02 Ratings00 Ratings
Contract Repository9.02 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.02 Ratings00 Ratings
Supplier Management9.03 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Exact Globe+
5.6
1 Ratings
16% below category average
Workday Financial Management
-
Ratings
Risk Repository6.01 Ratings00 Ratings
Control Management6.01 Ratings00 Ratings
Control Efficiency Assessments6.01 Ratings00 Ratings
Issue Detection5.01 Ratings00 Ratings
Remediation and Certification5.01 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Exact Globe+
6.5
2 Ratings
5% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization6.01 Ratings00 Ratings
Transportation Execution Management6.01 Ratings00 Ratings
Trade and Customs Management5.01 Ratings00 Ratings
Fulfillment Management9.02 Ratings00 Ratings
Warehouse Workforce Management9.02 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Exact Globe+
9.0
2 Ratings
20% above category average
Workday Financial Management
-
Ratings
Production Process Design10.01 Ratings00 Ratings
Production Management8.72 Ratings00 Ratings
Configuration Management8.72 Ratings00 Ratings
Work Execution9.01 Ratings00 Ratings
Manufacturing Costs8.62 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Exact Globe+
8.8
2 Ratings
21% above category average
Workday Financial Management
-
Ratings
Forecasting8.52 Ratings00 Ratings
Inventory Planning8.82 Ratings00 Ratings
Performance Monitoring9.01 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Exact Globe+
6.9
1 Ratings
5% below category average
Workday Financial Management
-
Ratings
Proposal Management7.01 Ratings00 Ratings
Product Master Data Management7.01 Ratings00 Ratings
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Exact Globe+Workday Financial Management
Small Businesses
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Score 9.3 out of 10
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Score 7.5 out of 10
Enterprises
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Score 9.0 out of 10
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Score 9.0 out of 10
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User Ratings
Exact Globe+Workday Financial Management
Likelihood to Recommend
8.0
(3 ratings)
8.4
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
9.0
(1 ratings)
9.1
(9 ratings)
Support Rating
9.0
(1 ratings)
10.0
(5 ratings)
User Testimonials
Exact Globe+Workday Financial Management
Likelihood to Recommend
Exact Software
Exact Global is extensively used at EWS as a strategic tool of importance for managing our core Financial processes like Accounts Payable, Accounts Receivable, General Ledger accounts, Financial entries, Transactions etc. It is a critical tool for EWS and integrated with our ERP for a seamless operations of financial processes in the enterprise
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
Exact Software
  • Exact offers a large range of user defined fields, which is especially useful once you've built a base on the system and need to customize certain aspects. Just last week we added the ability to track customer training by model using custom UDFs.
  • Engineering bills of material are tracked in Exact and the engineering BOM module is pretty intuitive and easy to use. Modification and drill down/up is not difficult once you figure out he basics.
  • Inventory control is fairly simple and offers a lot of information and options to track different kinds of products. We use bulk and each UOMs primarily, but others are used regularly depending on application.
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
Exact Software
  • Expand the commercial aliador network.
  • Improve online support
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
Usability
Exact Software
Exact Global is a strategic tool for financial core processes operations at EWS. It is integrated with ERP to seamlessly deliver key processes like O2C, P2P etc. and very well liked by users for its ease of use and flexibility of data moving across different systems. Exact Global is a part of EWS’s enterprise architecture and roadmap aligned to PACE strategy for achieving business objectives
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.
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Support Rating
Exact Software
Receive Great support from Exact Global team. Timely response and resolution by the vendor and never breach on SLAs - it’s a support team’s dream to support Exact Global.
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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
Alternatives Considered
Exact Software
I've used other ERP systems in large organizations, one custom and one SAP. SAP is a very powerful suite of software, but comes at a price point that is unobtainable for many smaller companies. Exact is more realistic and accessible for smaller companies that are not necessarily global commodities, but instead smaller manufacturers in niche markets. I haven't had the opportunity to review many other options in this size range.
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.
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Return on Investment
Exact Software
  • Monitoring of production cost.
  • Registration and documentation of engineering changes.
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

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis