Sage Expense Management vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage Expense Management
Score 8.1 out of 10
N/A
Sage Expense Management (formerly Fyle) is a platform for finance teams who want real-time expense control without the disruption of switching corporate cards. Its direct integration with existing Visa, Mastercard, and American Express delivers transactions instantly upon swipe. Finance teams get instant visibility into spending, and employees can upload receipts through Outlook, Gmail, text message, or the mobile app. Its
$74.95
per month for 5 users (minimum)
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
Sage Expense ManagementWorkday Financial Management
Editions & Modules
Growth
$14.99
per month per user (minimum 5)
Business
$17.99
per month per user (minimum 10)
Enterprise
Custom Pricing
No answers on this topic
Offerings
Pricing Offerings
Sage Expense ManagementWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsDiscount available for annual pricing.
More Pricing Information
Community Pulse
Sage Expense ManagementWorkday Financial Management
Features
Sage Expense ManagementWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation00 Ratings8.322 Ratings
Benefit plan administration00 Ratings8.119 Ratings
Direct deposit files00 Ratings8.119 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration00 Ratings8.516 Ratings
Plug-ins00 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability00 Ratings9.024 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards00 Ratings7.926 Ratings
Standard reports00 Ratings8.123 Ratings
Custom reports00 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable00 Ratings7.617 Ratings
Accounts receivable00 Ratings7.417 Ratings
Global Financial Support00 Ratings7.318 Ratings
Primary and Secondary Ledgers00 Ratings7.418 Ratings
Journals and Reconciliations00 Ratings7.615 Ratings
Configurable Accounting00 Ratings7.418 Ratings
Standardized Processes00 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking00 Ratings7.610 Ratings
Automatic reordering00 Ratings7.310 Ratings
Location management00 Ratings6.89 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage Expense Management
-
Ratings
Workday Financial Management
7.1
10 Ratings
9% below category average
Credit card processing00 Ratings7.110 Ratings
Best Alternatives
Sage Expense ManagementWorkday Financial Management
Small Businesses
Dext
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Score 9.6 out of 10
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Score 9.4 out of 10
Medium-sized Companies
Precoro
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Score 9.3 out of 10
Infor VISUAL
Infor VISUAL
Score 8.9 out of 10
Enterprises
Emburse Chrome River
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Score 8.0 out of 10
24SevenOffice
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Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Sage Expense ManagementWorkday Financial Management
Likelihood to Recommend
8.6
(3 ratings)
8.5
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.1
(9 ratings)
Support Rating
-
(0 ratings)
10.0
(5 ratings)
User Testimonials
Sage Expense ManagementWorkday Financial Management
Likelihood to Recommend
Sage Expense Management
Fyle is a much better software than traditional excel reports as it provides both a mobile app and desktop application. Though there is much room for improvement, it still can be rated higher for more users as it makes the process of claims processing and auditing much faster and easier as compared to handling physical bills and receipts. It has helped my organization to save on 2 man-months cost as well by reducing the redundant activities of automating bill submission through apis for common apps like UBER, OLA, etc.
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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.
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Pros
Sage Expense Management
  • Expense management
  • Submitting bills for Reimbursement
  • Approval process
  • Expense tracking
  • The ability to converse within the app. If the approver rejects, the requester can see the reason and type back their response/rectify and resubmit. All within the app.
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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.
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Cons
Sage Expense Management
  • Calculate miles on the go
  • Bugs at time of submission
  • Not enough categories for expenses. More dropdowns would be helpful.
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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
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Usability
Sage Expense Management
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.
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Support Rating
Sage Expense Management
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.
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Alternatives Considered
Sage Expense Management
Features wise both Zoho and Concur are equivalent to Fyle - may be they even offer more features. We picked Fyle particularly because: a) We are a small organization of less than 200 employees and were looking for a cloud based offering b) We had to keep our costs minimal without making major changes to our organization structure Fyle was most optimal that catered to all our requirements.
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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
Sage Expense Management
  • Saves so much time!
  • Makes it easier for everyone involved in the processes
  • Ease in releasing payments/reimbursements.
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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.
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ScreenShots

Sage Expense Management Screenshots

Screenshot of AI-powered insights on expenses, reports, categories, merchants, or any support queriesScreenshot of where employees can track and create expenses right from Text Message, Gmail, Outlook, Sage Expense Management mobile app and web app.Screenshot of Sage Expense Management's 2-way integrations with QuickBooks Desktop, QuickBooks Online, Sage Intacct, Xero and NetSuite.Screenshot of where employees can submit and track expenses and approvers can approve reports on-the-go with Sage Expense Management Android and iOS mobile app.Screenshot of where to receive real-time notifications for card spend via SMS and reconcile the spend instantly by replying with a picture of the receipt.

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis