Genius Solutions vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Genius Solutions
Score 7.4 out of 10
Mid-Size Companies (51-1,000 employees)
Genius Solutions delivers a complete enterprise resource planning (ERP) solution, including software, implementation services, and field expertise for small to mid-sized custom manufacturers across the US and Canada. Genius ERP is built for SME manufacturers handling make-to-order, engineer-to-order, custom-to-order, and assemble-to-order manufacturing. Genius ERP provides custom manufacturers with the tools they need to reduce costs, increase productivity, and improve the performance…
$1,500
per user for one year
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
Genius SolutionsWorkday Financial Management
Editions & Modules
SAAS
$1500.00
per user for one year
On Premise
$3000.00
per user for one year
No answers on this topic
Offerings
Pricing Offerings
Genius SolutionsWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup Fee$1,500 per user per yearNo setup fee
Additional Details
More Pricing Information
Community Pulse
Genius SolutionsWorkday Financial Management
Features
Genius SolutionsWorkday Financial Management
Customization
Comparison of Customization features of Product A and Product B
Genius Solutions
6.7
4 Ratings
11% below category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration6.74 Ratings8.516 Ratings
Plug-ins00 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Genius Solutions
6.7
7 Ratings
22% below category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Role-based user permissions6.77 Ratings8.822 Ratings
Single sign-on capability00 Ratings9.024 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Genius Solutions
6.7
7 Ratings
9% below category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards6.77 Ratings7.926 Ratings
Standard reports6.77 Ratings8.123 Ratings
Custom reports6.77 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Genius Solutions
6.5
6 Ratings
16% below category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable6.76 Ratings7.617 Ratings
Accounts receivable6.76 Ratings7.417 Ratings
Global Financial Support6.15 Ratings7.418 Ratings
Primary and Secondary Ledgers6.74 Ratings7.418 Ratings
Journals and Reconciliations00 Ratings7.715 Ratings
Configurable Accounting00 Ratings7.418 Ratings
Standardized Processes00 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Genius Solutions
6.7
8 Ratings
16% below category average
Workday Financial Management
7.3
10 Ratings
8% below category average
Inventory tracking6.78 Ratings7.610 Ratings
Automatic reordering00 Ratings7.410 Ratings
Location management00 Ratings6.89 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Genius Solutions
8.5
3 Ratings
11% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting8.53 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Genius Solutions
-
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
Order Management
Comparison of Order Management features of Product A and Product B
Genius Solutions
-
Ratings
Workday Financial Management
7.1
10 Ratings
9% below category average
Credit card processing00 Ratings7.110 Ratings
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User Ratings
Genius SolutionsWorkday Financial Management
Likelihood to Recommend
7.4
(8 ratings)
8.5
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
7.4
(4 ratings)
9.1
(9 ratings)
Support Rating
8.6
(2 ratings)
10.0
(5 ratings)
User Testimonials
Genius SolutionsWorkday Financial Management
Likelihood to Recommend
Genius Solutions
Genius is great for analysis data using Microsoft products like Power BI or Excel as it links directly to them. Genius has also helped the work flow of our company a lot by streamlining processes. One process that helps our company a lot is the ability to print all work orders and fabrication/assembly plans in their batch printing module. Printing these would take up to five hours per assembly in Quickbooks and it now takes 10 minutes.
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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
Genius Solutions
  • The production is simple and efficient, this is done directly from our 3D design software (SolidWorks).
  • Technical support is efficient, when problems arise, solutions are provided quickly.
  • The monitoring of production costs is clear and easy to consult.
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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
Genius Solutions
  • Support hours (now, from 8h00 to 17h00, Monday to Friday).
  • The info with help button (F1) to be more easy to find.
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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
Genius Solutions
Genius is easy to use but you have to male sure it's set up properly. You also have to make sure you understand what an ERP should do to know the right questions to ask when you contact customer support.
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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
Genius Solutions
patient, friendly and clear explanations
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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.
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Alternatives Considered
Genius Solutions
I am using above mentioned software on different clients. As for manufacturing client Genius Solutions ERP is good easy to maintain inventory, For BOM Creation its help. As per our need this software provides us valuable information and helps the business growing smoothly. Overall its easy to use and budget friendly.
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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
Genius Solutions
  • Being able to track time, cost of outside services and cost of materials has allowed us to trust the accuracy of our product markups and prices.
  • Improved inventory control allows us to get products out quicker.
  • The ability to sync the database with Power BI has allowed up to have a better picture of our financials and projected cashflow.
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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

Genius Solutions Screenshots

Screenshot of Screenshot of Reports and DashboardScreenshot of Screenshot of Screenshot of Scheduling

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis