Infor M3 vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Infor M3
Score 6.6 out of 10
N/A
Infor M3 is designed for medium to large global manufacturers, distributors, and after-sales service providers—delivering flexibility to manage mixed-mode and complex value chains. M3 is designed with industry-specific functionality and flexible deployment options, and presents a multi-company, multi-country, and multi-site enterprise resource planning (ERP) cloud solution platform. M3 was originally developed by Intentia, which merged with Lawson (2005), and which in turn was acquired by…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
Infor M3Workday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Infor M3Workday 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
Features
Infor M3Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Infor M3
8.6
4 Ratings
18% above category average
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation9.04 Ratings8.418 Ratings
Benefit plan administration9.04 Ratings8.716 Ratings
Direct deposit files8.04 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
Infor M3
8.0
4 Ratings
10% above category average
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration8.04 Ratings8.314 Ratings
Plug-ins8.04 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Infor M3
8.0
4 Ratings
2% below category average
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability8.04 Ratings8.720 Ratings
Role-based user permissions8.04 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Infor M3
8.7
6 Ratings
22% above category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards8.05 Ratings8.423 Ratings
Standard reports9.06 Ratings8.820 Ratings
Custom reports9.06 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Infor M3
8.4
6 Ratings
10% above category average
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable8.05 Ratings9.015 Ratings
Accounts receivable8.05 Ratings9.115 Ratings
Global Financial Support9.04 Ratings8.516 Ratings
Primary and Secondary Ledgers9.04 Ratings8.716 Ratings
Journals and Reconciliations8.03 Ratings8.913 Ratings
Configurable Accounting8.04 Ratings8.316 Ratings
Standardized Processes9.04 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Infor M3
8.8
2 Ratings
11% above category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking9.02 Ratings9.09 Ratings
Automatic reordering9.02 Ratings8.69 Ratings
Location management9.02 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Infor M3
8.6
2 Ratings
10% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing8.92 Ratings00 Ratings
Order entry8.02 Ratings00 Ratings
Credit card processing9.02 Ratings9.110 Ratings
Cost of goods sold8.02 Ratings00 Ratings
Order Orchestration8.02 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Infor M3
8.1
4 Ratings
9% above category average
Workday Financial Management
-
Ratings
Billing Management7.03 Ratings00 Ratings
Cash and Asset Management8.94 Ratings00 Ratings
Travel & Expense Management8.02 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting8.93 Ratings00 Ratings
Period Close8.02 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Infor M3
8.4
2 Ratings
10% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting8.02 Ratings00 Ratings
Project Costing8.02 Ratings00 Ratings
Cost Capture9.02 Ratings00 Ratings
Capital Project Management8.02 Ratings00 Ratings
Customer Contract Compliance9.01 Ratings00 Ratings
Project Revenue Recognition9.02 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Infor M3
8.3
2 Ratings
19% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling8.02 Ratings00 Ratings
Task Insight for Project Managers8.02 Ratings00 Ratings
Project Mobile Functionality8.02 Ratings00 Ratings
Definable Resource Pools8.02 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Infor M3
8.3
2 Ratings
9% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management8.02 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Infor M3
8.4
2 Ratings
19% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared8.02 Ratings00 Ratings
Contract Authoring8.02 Ratings00 Ratings
Contract Repository8.02 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated8.02 Ratings00 Ratings
Supplier Management8.02 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Infor M3
8.7
2 Ratings
29% above category average
Workday Financial Management
-
Ratings
Risk Repository9.02 Ratings00 Ratings
Control Management9.02 Ratings00 Ratings
Control Efficiency Assessments9.02 Ratings00 Ratings
Issue Detection9.02 Ratings00 Ratings
Remediation and Certification9.02 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Infor M3
8.3
2 Ratings
19% above category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization8.02 Ratings00 Ratings
Transportation Execution Management8.02 Ratings00 Ratings
Trade and Customs Management8.02 Ratings00 Ratings
Fulfillment Management8.02 Ratings00 Ratings
Warehouse Workforce Management8.02 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Infor M3
8.7
2 Ratings
14% above category average
Workday Financial Management
-
Ratings
Production Process Design9.02 Ratings00 Ratings
Production Management9.02 Ratings00 Ratings
Configuration Management9.02 Ratings00 Ratings
Work Execution8.92 Ratings00 Ratings
Manufacturing Costs8.02 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Infor M3
9.0
2 Ratings
22% above category average
Workday Financial Management
-
Ratings
Forecasting9.02 Ratings00 Ratings
Inventory Planning9.02 Ratings00 Ratings
Performance Monitoring9.02 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Infor M3
7.9
2 Ratings
9% above category average
Workday Financial Management
-
Ratings
Proposal Management7.12 Ratings00 Ratings
Product Master Data Management7.02 Ratings00 Ratings
Best Alternatives
Infor M3Workday Financial Management
Small Businesses
Acumatica
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Score 8.8 out of 10
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Score 8.8 out of 10
Medium-sized Companies
Infor VISUAL
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Score 7.2 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
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Score 7.4 out of 10
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User Ratings
Infor M3Workday Financial Management
Likelihood to Recommend
8.0
(7 ratings)
8.6
(23 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
9.0
(3 ratings)
9.5
(5 ratings)
Support Rating
9.0
(3 ratings)
9.7
(5 ratings)
User Testimonials
Infor M3Workday Financial Management
Likelihood to Recommend
Infor
Manufacturing: Infor M3 is designed specifically for manufacturers and provides robust production planning and supply chain management features. The software can help optimize production processes, improve inventory management, and automate purchasing and order fulfillment.Distribution: Infor M3 offers advanced supply chain management capabilities, including inventory management and order tracking, making it an ideal solution for distribution companies.Large Organizations: Infor M3 is a scalable solution that can accommodate the needs of large organizations with complex supply chain and production requirements. The software's modular design allows organizations to customize their implementation to their specific needs.Global Operations: Infor M3 provides multi-language and multi-currency support, making it a suitable solution for organizations with global operations.
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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
Infor
  • Very stable product. Some of its weaknesses are also its strengths. The lack of web services seems to actually increase stability.
  • No software vendor in this space is perfect. Lawson does perform as advertised.
  • Again, a weakness of this (limited functionality) is a hidden strength as well. In software there is a complexity/feature tradeoff. Where Lawson lacks in features, it does give you a more simple setup for your organization.
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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.
Read full review
Cons
Infor
  • Not intuitive at all, difficult to learn.
  • System is archaic, seems to be largely unchanged since the early 2000's.
  • Reports are all in PDF form, which for financial reporting purposes is tedious to turn back into Excel sheets.
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
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Usability
Infor
This is a highly configurable product. Where all available support provided by [Information] is very good and exceeds our expectations! The investment in this product by Infor continues to be significant and is showing results! Infor is going a long way and is here to stay! No doubt about that!
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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
Infor
The support is satisfactory, given the large user base of the product. We had no issues to meet our reporting deadlines with Lawson. The organizational support team internally are well trained and hence only on exceptional basis issues are escalated to Lawson support team. We had no negative experience so far with the support of Lawson.
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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
Infor
Lawson is comparable to the other ERP's I have used. Similar functionality and interface. Usability is comparable.
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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
Infor
  • I wish Infor M3 (formerly Lawson Intentia) were more detailed. But, this actually may be a weakness of my employer and not Infor M3 (formerly Lawson Intentia).
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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