Intuit Enterprise Suite vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Intuit Enterprise Suite
Score 8.9 out of 10
N/A
The Intuit Enterprise Suite is an end-to-end business platform providing: financial management, forecasting and accounting capabilities; integrated payroll, payments, and bill pay; automated marketing; access to third-party apps, and access to a team of experts.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
Intuit Enterprise SuiteWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Intuit Enterprise SuiteWorkday 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
Intuit Enterprise SuiteWorkday Financial Management
Features
Intuit Enterprise SuiteWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Intuit Enterprise Suite
8.0
13 Ratings
9% above category average
Workday Financial Management
8.0
22 Ratings
9% above category average
Pay calculation8.013 Ratings8.222 Ratings
Benefit plan administration7.79 Ratings7.919 Ratings
Direct deposit files8.412 Ratings8.019 Ratings
Customization
Comparison of Customization features of Product A and Product B
Intuit Enterprise Suite
7.5
15 Ratings
1% above category average
Workday Financial Management
8.0
19 Ratings
8% above category average
API for custom integration7.713 Ratings8.616 Ratings
Plug-ins7.413 Ratings7.518 Ratings
Security
Comparison of Security features of Product A and Product B
Intuit Enterprise Suite
8.9
20 Ratings
6% above category average
Workday Financial Management
9.0
24 Ratings
8% above category average
Single sign-on capability8.615 Ratings9.124 Ratings
Role-based user permissions9.220 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Intuit Enterprise Suite
8.8
21 Ratings
18% above category average
Workday Financial Management
7.8
26 Ratings
6% above category average
Dashboards8.420 Ratings7.726 Ratings
Standard reports9.221 Ratings7.823 Ratings
Custom reports8.721 Ratings7.821 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Intuit Enterprise Suite
8.5
24 Ratings
10% above category average
Workday Financial Management
7.6
22 Ratings
1% below category average
Accounts payable9.422 Ratings7.317 Ratings
Accounts receivable8.219 Ratings7.017 Ratings
Global Financial Support7.914 Ratings7.118 Ratings
Primary and Secondary Ledgers7.514 Ratings7.118 Ratings
Journals and Reconciliations9.422 Ratings7.415 Ratings
Configurable Accounting7.920 Ratings7.318 Ratings
Standardized Processes8.922 Ratings7.719 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Intuit Enterprise Suite
6.9
8 Ratings
14% below category average
Workday Financial Management
6.9
10 Ratings
14% below category average
Inventory tracking5.85 Ratings7.210 Ratings
Automatic reordering7.03 Ratings7.110 Ratings
Location management7.97 Ratings6.59 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Intuit Enterprise Suite
7.7
13 Ratings
1% below category average
Workday Financial Management
6.5
10 Ratings
18% below category average
Pricing7.29 Ratings00 Ratings
Order entry7.67 Ratings00 Ratings
Credit card processing7.913 Ratings6.510 Ratings
Cost of goods sold8.011 Ratings00 Ratings
Order Orchestration8.05 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Intuit Enterprise Suite
8.0
22 Ratings
7% above category average
Workday Financial Management
-
Ratings
Billing Management7.617 Ratings00 Ratings
Cash and Asset Management9.419 Ratings00 Ratings
Travel & Expense Management7.415 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.612 Ratings00 Ratings
Period Close8.020 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Intuit Enterprise Suite
7.6
10 Ratings
8% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling7.79 Ratings00 Ratings
Task Insight for Project Managers8.09 Ratings00 Ratings
Project Mobile Functionality7.08 Ratings00 Ratings
Definable Resource Pools7.57 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Intuit Enterprise Suite
6.8
4 Ratings
8% below category average
Workday Financial Management
-
Ratings
Award Lifecycle Management6.84 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Intuit Enterprise Suite
7.6
7 Ratings
8% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared7.63 Ratings00 Ratings
Contract Authoring7.03 Ratings00 Ratings
Contract Repository7.64 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated7.64 Ratings00 Ratings
Supplier Management8.46 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Intuit Enterprise Suite
7.7
5 Ratings
15% above category average
Workday Financial Management
-
Ratings
Risk Repository7.74 Ratings00 Ratings
Control Management7.45 Ratings00 Ratings
Control Efficiency Assessments7.74 Ratings00 Ratings
Issue Detection7.95 Ratings00 Ratings
Remediation and Certification7.74 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Intuit Enterprise Suite
6.7
3 Ratings
2% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization6.73 Ratings00 Ratings
Transportation Execution Management6.73 Ratings00 Ratings
Trade and Customs Management6.73 Ratings00 Ratings
Fulfillment Management6.73 Ratings00 Ratings
Warehouse Workforce Management6.73 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Intuit Enterprise Suite
6.9
2 Ratings
8% below category average
Workday Financial Management
-
Ratings
Production Process Design6.42 Ratings00 Ratings
Production Management6.42 Ratings00 Ratings
Configuration Management7.32 Ratings00 Ratings
Work Execution7.32 Ratings00 Ratings
Manufacturing Costs7.32 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Intuit Enterprise Suite
5.8
1 Ratings
21% below category average
Workday Financial Management
-
Ratings
Forecasting6.41 Ratings00 Ratings
Inventory Planning5.51 Ratings00 Ratings
Performance Monitoring5.51 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Intuit Enterprise Suite
6.2
4 Ratings
16% below category average
Workday Financial Management
-
Ratings
Proposal Management5.63 Ratings00 Ratings
Product Master Data Management6.84 Ratings00 Ratings
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User Ratings
Intuit Enterprise SuiteWorkday Financial Management
Likelihood to Recommend
8.4
(11 ratings)
8.4
(26 ratings)
Likelihood to Renew
9.1
(1 ratings)
9.0
(1 ratings)
Usability
8.3
(11 ratings)
9.0
(9 ratings)
Support Rating
9.1
(1 ratings)
10.0
(5 ratings)
Implementation Rating
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
Intuit Enterprise SuiteWorkday Financial Management
Likelihood to Recommend
Intuit
With Intuit Enterprise Suite we have learned how to move some of our manual spreadsheets into the system to keep better track and get better numbers with. Things like Inventory, and Fixed Assets. The training has been great, they have numerous webinars and meetings that help us better understand Intuit Enterprise Suite.
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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
Intuit
  • It tracks all payments to all vendors, so if any questions arise, it's easy to find the answer.
  • It tracks employee hours worked, holiday hours, and other paid time off, including vacations. It also tracks bonuses and employee profile information, including hire dates, contact information, Social Security, and Federal withholding details.
  • At the end of the year, all of our financial transactions can be summarized for our accountants so our tax returns can be prepared.
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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
Intuit
  • I would like to see an option available to run income statements, balance sheets and statements of cash flows by month.
  • I would like to see an option to set up a consolidated budget to run actual versus budget reports.
  • I would like to see a consolidated accounts receivable and accounts payable listing as an available report.
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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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Likelihood to Renew
Intuit
Because I love the software and the people behind it are passionate about building the features to support business growth. They have built so many features I have asked for and it gets better and better
Read full review
Workday
No answers on this topic
Usability
Intuit
I have worked with other accounting software products and nothing compares to the ease of Intuit Enterprise Suite because it is easy to learn and to train and there are multiple ways and shortcuts to use to get to certain areas within the software.
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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
Intuit
Excellent. I am the first Lighthouse customer and I see first hand that their team cares, they care about not just the features but about their customers and their success. They truly want their customers to succeed
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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
Intuit
I have personal experience with both and believe that Intuit is the best option. Microsoft (and most of their products) are riddled with issues and limit productivity. Netsuite has a lot of customization options, but takes a long time to deal with and is much more expensive for the same things
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
Intuit
  • Overall our experience has been great - easy and smooth onboarding process
  • Better support experience has surprised and delighted the team in ways I wasn't really expecting
  • I like it more than I expected I would - the convenience of having it all in one place and being able to toggle through entities is really a major improvement
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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.
Read full review
ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis