Kepion Planning vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Kepion Planning
Score 7.0 out of 10
Enterprise companies (1,001+ employees)
Kepion is a cloud planning & analytics software company that connects all organizations' teams under a single view of their business performance. We enable more intelligent decisions to be made by companies about their financial and operational future. Kepion global offices and partners deliver rapid solutions for mid-size and enterprise customers. We make it possible for businesses to be empowered with real-time analytics, what-if scenario modeling, and the ability to model complex…
$0
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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
Kepion PlanningWorkday Financial Management
Editions & Modules
On premise Install
$0
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Cloud Planning
$0
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No answers on this topic
Offerings
Pricing Offerings
Kepion PlanningWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional DetailsPlease contact us at sales@kepion.com for more details.—
More Pricing Information
Features
Kepion PlanningWorkday Financial Management
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Kepion Planning
7.9
2 Ratings
5% below category average
Workday Financial Management
-
Ratings
Long-term financial planning8.92 Ratings00 Ratings
Financial budgeting8.22 Ratings00 Ratings
Forecasting8.22 Ratings00 Ratings
Scenario modeling8.02 Ratings00 Ratings
Management reporting6.12 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Kepion Planning
7.5
2 Ratings
7% below category average
Workday Financial Management
-
Ratings
Financial data consolidation6.52 Ratings00 Ratings
Journal entries and reports6.52 Ratings00 Ratings
Multi-currency management8.82 Ratings00 Ratings
Intercompany Eliminations7.32 Ratings00 Ratings
Minority Ownership6.92 Ratings00 Ratings
Local and consolidated reporting8.02 Ratings00 Ratings
Detailed Audit Trails8.32 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Kepion Planning
7.0
2 Ratings
16% below category average
Workday Financial Management
-
Ratings
Financial Statement Reporting6.82 Ratings00 Ratings
Management Reporting6.12 Ratings00 Ratings
Excel-based Reporting8.92 Ratings00 Ratings
Automated board and financial reporting7.12 Ratings00 Ratings
XBRL support for regulatory filing6.12 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Kepion Planning
6.6
2 Ratings
20% below category average
Workday Financial Management
-
Ratings
Personalized dashboards6.12 Ratings00 Ratings
Color-coded scorecards6.22 Ratings00 Ratings
KPIs6.22 Ratings00 Ratings
Cost and profitability analysis8.22 Ratings00 Ratings
Key Performance Indicator setting6.22 Ratings00 Ratings
Benchmarking with external data6.52 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Kepion Planning
8.9
2 Ratings
7% above category average
Workday Financial Management
-
Ratings
Flat file integration9.12 Ratings00 Ratings
Excel data integration8.92 Ratings00 Ratings
Direct links to 3rd-party data sources8.52 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation00 Ratings8.418 Ratings
Benefit plan administration00 Ratings8.716 Ratings
Direct deposit files00 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration00 Ratings8.314 Ratings
Plug-ins00 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability00 Ratings8.720 Ratings
Role-based user permissions00 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards00 Ratings8.423 Ratings
Standard reports00 Ratings8.820 Ratings
Custom reports00 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable00 Ratings9.015 Ratings
Accounts receivable00 Ratings9.115 Ratings
Global Financial Support00 Ratings8.516 Ratings
Primary and Secondary Ledgers00 Ratings8.716 Ratings
Journals and Reconciliations00 Ratings8.913 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Standardized Processes00 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking00 Ratings9.09 Ratings
Automatic reordering00 Ratings8.69 Ratings
Location management00 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Kepion Planning
-
Ratings
Workday Financial Management
9.1
10 Ratings
16% above category average
Credit card processing00 Ratings9.110 Ratings
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Kepion PlanningWorkday Financial Management
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Medium-sized Companies
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Score 9.6 out of 10
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Score 7.2 out of 10
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Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Kepion PlanningWorkday Financial Management
Likelihood to Recommend
8.3
(2 ratings)
8.6
(23 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.5
(5 ratings)
Support Rating
-
(0 ratings)
9.7
(5 ratings)
User Testimonials
Kepion PlanningWorkday Financial Management
Likelihood to Recommend
Kepion Inc.
The solution works extremely well for companies in complicated operations or with the ambition to forecast their operations on a driver based way or wanting to have the ability to create different scenarios based on external or internal drivers. It is a perfect piece of an existing analytical infrastructure (DWH/BI) lacking a planning solution on top.
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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.
Read full review
Pros
Kepion Inc.
  • Budgeting and Forecasting: Kepion provides all budgeting, forecasting and actuals information in one, collaborative environment.
  • Analysis: It is easy to traverse across your entire budgeting and forecasting spectrum in Kepion, unearthing insights that would be hidden from you in other tools.
  • Workflow: Kepion's workflow management is simple and clear.
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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
Kepion Inc.
  • Silverlight functionality is outdated which makes the front end solution a little bit old compared to latest UI. They will be tackling it in Q2 2018, but it leaves users wanting for more.
  • Reporting functionalities: Are not state of the art, we recommend users creating official reports within Kepion, but focusing on Tableau or PowerBI for reporting purposes as this is not and will never be Kepion strengths compared to the likes of Tableau.
  • Being customizable is great, however, the solution is not an out-of-the-box solution and does require a little integration to work. For smaller companies (under 5M USD) I would still recommend Excel.
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
Kepion Inc.
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
Kepion Inc.
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
Kepion Inc.
Kepion is in a unique position in that it has all of the enterprise-grade functionality and scalability of a tool like Cognos, but it is available at a lower price point, with much more engaged support.
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
Kepion Inc.
No answers on this topic
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

Kepion Planning Screenshots

Screenshot of Data IntegrationScreenshot of ProcessScreenshot of ReportingScreenshot of Sales PlanningScreenshot of Scenario ModelingScreenshot of Workforce