TrustRadius: an HG Insights company

Foundation Software Construction Accounting vs. Workday Financial Management

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Foundation Software Construction Accounting

    Score8.3 out of 10
    N/AFoundation Software headquartered in Strongsville, Ohio offers their construction accounting and payroll software. The vendor states that their job costing construction accounting software is designed to be easy to use and provides the accounting and management tools needed to run a successful construction business.N/A

    Workday Financial Management

    Score8.4 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
    Foundation Software Construction AccountingWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Foundation Software Construction AccountingWorkday Financial Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Foundation Software Construction AccountingWorkday Financial Management
    Considered Both Products
    Foundation Software
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    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
    No answers on this topic
    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
    Foundation Software Construction AccountingWorkday Financial Management
    Human Resource Management
    Comparison of Human Resource Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    7.4
    4 Ratings
    6% above category average
    Workday Financial Management
    -
    Ratings
    Employee demographic data5.12 Ratings00 Ratings
    Employment history7.54 Ratings00 Ratings
    Job profiles and administration9.62 Ratings00 Ratings
    Workflow for transfers, promotions, pay raises, etc.7.83 Ratings00 Ratings
    Organization and location management5.12 Ratings00 Ratings
    Compliance data (COBRA, OSHA, etc.)9.01 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    8.0
    4 Ratings
    16% above category average
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation8.03 Ratings8.323 Ratings
    Support for external payroll vendors10.01 Ratings00 Ratings
    Off-cycle/On-Demand payment8.54 Ratings00 Ratings
    Benefit plan administration8.03 Ratings8.020 Ratings
    Direct deposit files6.13 Ratings8.220 Ratings
    Salary revision and increment management7.83 Ratings00 Ratings
    Reimbursement management7.83 Ratings00 Ratings
    Asset Management
    Comparison of Asset Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    7.8
    3 Ratings
    14% above category average
    Workday Financial Management
    -
    Ratings
    Tracking of all physical assets7.83 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    8.2
    4 Ratings
    7% above category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards9.63 Ratings8.227 Ratings
    Standard reports8.04 Ratings7.924 Ratings
    Custom reports7.54 Ratings8.022 Ratings
    Data exportability7.84 Ratings00 Ratings
    Construction Project & Field Management
    Comparison of Construction Project & Field Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    9.1
    4 Ratings
    17% above category average
    Workday Financial Management
    -
    Ratings
    Plan distribution & viewing10.01 Ratings00 Ratings
    Plan markups & sharing10.01 Ratings00 Ratings
    Photo documentation9.02 Ratings00 Ratings
    Jobsite reports10.01 Ratings00 Ratings
    Document sharing9.63 Ratings00 Ratings
    Collaboration & approvals9.01 Ratings00 Ratings
    Mobile app7.62 Ratings00 Ratings
    Change orders7.53 Ratings00 Ratings
    Estimating
    Comparison of Estimating features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    8.7
    3 Ratings
    14% above category average
    Workday Financial Management
    -
    Ratings
    Job costing7.53 Ratings00 Ratings
    Cost databases9.62 Ratings00 Ratings
    Cost calculator9.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    -
    Ratings
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    API for custom integration00 Ratings8.417 Ratings
    Plug-ins00 Ratings7.819 Ratings
    Security
    Comparison of Security features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    -
    Ratings
    Workday Financial Management
    9.0
    25 Ratings
    7% above category average
    Single sign-on capability00 Ratings9.225 Ratings
    Role-based user permissions00 Ratings8.823 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    -
    Ratings
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable00 Ratings7.518 Ratings
    Accounts receivable00 Ratings6.918 Ratings
    Global Financial Support00 Ratings7.519 Ratings
    Primary and Secondary Ledgers00 Ratings7.419 Ratings
    Journals and Reconciliations00 Ratings7.716 Ratings
    Configurable Accounting00 Ratings7.719 Ratings
    Standardized Processes00 Ratings7.920 Ratings
    Inventory Management
    Comparison of Inventory Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    -
    Ratings
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking00 Ratings7.611 Ratings
    Automatic reordering00 Ratings7.311 Ratings
    Location management00 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of Foundation Software Construction Accounting and Workday Financial Management
    Feature
    Foundation Software Construction Accounting
    -
    Ratings
    Workday Financial Management
    7.3
    11 Ratings
    8% below category average
    Credit card processing00 Ratings7.311 Ratings
    Best Alternatives
    Foundation Software Construction AccountingWorkday Financial Management
    Small Businesses
    CMiC Construction Platform
    Score7.5 out of 10
    Zoho One
    Score9.1 out of 10
    Medium-sized Companies
    Autodesk Build
    Score8.6 out of 10
    Zoho One
    Score9.1 out of 10
    Enterprises
    Revit
    Score8.9 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Foundation Software Construction AccountingWorkday Financial Management
    Likelihood to Recommend
    8.5
    (5 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    8.0
    (1 ratings)
    9.0
    (1 ratings)
    Usability
    8.5
    (4 ratings)
    9.0
    (10 ratings)
    Support Rating
    10.0
    (1 ratings)
    10.0
    (5 ratings)
    Implementation Rating
    6.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Foundation Software Construction AccountingWorkday Financial Management
    Likelihood to Recommend
    Foundation Software
    Working as a general contractor or subcontractor, I highly recommend Foundation Software Construction Accounting. I would not recommend it for anything outside construction, but it could still be used for other businesses.
    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
    Foundation Software
    • Invoicing
    • Reports
    • Payroll
    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
    Foundation Software
    • I think A/P Invoice approval could be much smoother.
    • Purchase orders should be more detailed able to be issued and easily modified and enter invoices against them.
    • A/P check distribution should let you select checks for ACH payment and printed check in the same run.
    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
    Likelihood to Renew
    Foundation Software
    There are some things it lacks, certain reports or history audits. I have to call them to do certain things-submit a ticket and wait on someone to call back instead of getting someone immediately. Especially if it's urgent. I have to wait on them to push an update-and they usually run a week or 2 later- to pull quarterly or annual tax forms.
    Read full review
    Workday
    No answers on this topic
    Usability
    Foundation Software
    I give Foundation Software Construction Accounting this rating because once you learn the software and how detailed its with multiple steps to complete transactions, it is very user friendly and keeps you from making user errors.
    Incentivized
    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.
    Incentivized
    Read full review
    Support Rating
    Foundation Software
    Support is usually pretty great. Most of the time return calls to tickets logged are fairly quick. Most everyone is knowledgeable and helpful.
    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.
    Incentivized
    Read full review
    Implementation Rating
    Foundation Software
    the person from them was impatient and would make comments about we've been over this
    Read full review
    Workday
    No answers on this topic
    Alternatives Considered
    Foundation Software
    Personally,
    I did not have a hand in deciding the software, but for our company is has not
    led to increased productivity or made things easier. It has been more difficult
    for payroll to be inputted correctly and the payroll reports for certified
    payroll often come out incorrect and we need to manually figure out how to correct
    the issues and get them in correctly
    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
    Foundation Software
    • Financial Management
    • Return on Investmetn
    • Job Costing
    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