TrustRadius

Magnetic vs. Workday Professional Services Automation

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Magnetic
Score 0.0 out of 10
Small Businesses (1-50 employees)
Magnetic is a workflow management platform designed and built for professional services firms. It combines essential project management capabilities into a single system: account management, business development, task management, project management, project finances, time tracking, billing, HR management and resource scheduling. Magnetic is designed to help businesses waste less time, manage projects smarter, and deliver on time and within budget. The system offers a bird’s eye…
$0
Workday Professional Services Automation
Score 8.5 out of 10
N/A
Workday Professional Services Automation automates the Opportunity to Cash process, connecting HCM and ERP data to match the right talent to projects, reducing manual errors and revenue leakage.N/A
Pricing
MagneticWorkday Professional Services Automation
Editions & Modules
Solo
$0
Essentials
$10
per month per user
Pro
$22
per month per user
Enterprise
Contact Sales
No answers on this topic
Offerings
Pricing Offerings
MagneticWorkday Professional Services Automation
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details20% discount available for annual billing.—
More Pricing Information
Community Pulse
MagneticWorkday Professional Services Automation
Best Alternatives
MagneticWorkday Professional Services Automation
Small Businesses
HaloPSA
HaloPSA
Score 8.5 out of 10
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Score 8.5 out of 10
Medium-sized Companies
Planview AdaptiveWork
Planview AdaptiveWork
Score 8.0 out of 10
Planview AdaptiveWork
Planview AdaptiveWork
Score 8.0 out of 10
Enterprises
Planview AdaptiveWork
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All AlternativesView all alternativesView all alternatives
User Ratings
MagneticWorkday Professional Services Automation
Likelihood to Recommend
-
(0 ratings)
8.1
(24 ratings)
Usability
-
(0 ratings)
6.0
(1 ratings)
Support Rating
-
(0 ratings)
5.0
(1 ratings)
User Testimonials
MagneticWorkday Professional Services Automation
Likelihood to Recommend
Magnetic
No answers on this topic
Workday
If you are a company with very little administrative or IT staff that can be dedicated to run, train, and launch - this is the perfect tool for you because it requires very little on the set up end and training. It looks like a social network so a platform many are already used to seeing. Its definitely a very powerful product with an easy interface, providing a stellar customer experience
Verified User
Anonymous
Read full review
Pros
Magnetic
No answers on this topic
Workday
  • Very fast authentication
  • Page uploads are reliably compete with pre filled and carried forward data elements.
  • Easy to employees to navigate from one app to the other so they can be efficient in achieving success an ls completing imp tasks.
  • Screen organization and menu choices flow intuitively and the processing behind the scenes follows the logic users expect.
Denise Olivares, CLU, ChFC | TrustRadius Reviewer
Denise Olivares, CLU, ChFC
Global Product Portfolio Manager
Read full review
Cons
Magnetic
No answers on this topic
Workday
  • Would like to be able to use it for clocking in and out
  • The dashboard user interface could be improved to include more pertinent information
  • Would be nice to hide features that we use other applications for (i.e. org chart, pay, expenses)
Verified User
Anonymous
Read full review
Usability
Magnetic
No answers on this topic
Workday
As noted, good tools that allow faster development. Dev teams find it is easy to test things out and demo for business users
Denise Olivares, CLU, ChFC | TrustRadius Reviewer
Denise Olivares, CLU, ChFC
Global Product Portfolio Manager
Read full review
Support Rating
Magnetic
No answers on this topic
Workday
With workday support options, I would like to see a more immediately responsive response option. Possibly a chat or a responsive email response team would be helpful.
Verified User
Anonymous
Read full review
Alternatives Considered
Magnetic
No answers on this topic
Workday
I was not on the selection team for Workday Profession Services Automation; it was the HR system used by our parent company. However, I have had several opportunities to work with Workday in other HR roles, and have also worked extensively with Oracle products. Workday Professional Services Automation seems more dynamic than the Oracle Suite I've utilized in the past.
Lonnie deMarco | TrustRadius Reviewer
Lonnie deMarco
VP Human Resources
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Return on Investment
Magnetic
No answers on this topic
Workday
  • While I don't use the program at a high-level I can see the time-saving effectiveness for administrators.
  • By giving a self-serve interface I feel in control of my pay/benefit management.
  • Less time spent on HR administration frees up bandwidth for helping colleagues.
Verified User
Anonymous
Read full review
ScreenShots

Magnetic Screenshots

Screenshot of the Project Dashboard, which is logically divided into 3 sections: Budget For tracking how a project is performing against what was agreed upon with the client, as well as key KPI’s such as Net Margin and Gross Margin. Scheduling Magnetic will predict if a project is going over- or underservice. Through key metrics such as Estimate to Complete and Estimate at Complete, Magentic helps users to understand if a project is going to be on or off track. Financials Displays projects’ financial performance through key financial indicators such as Actual Net/Gross Margin, un-billable work and supplier purchases.Screenshot of the navigable Resource Capacity dashboard in Magnetic, where users can apply filters based on department, position, or line manager. It provides instant visibility into available capacity, booked capacity across billable and non-billable work, opportunities, and leave time.Screenshot of the profitability dashboard financial tool, that offers a concise and real-time overview of a company's financial performance. It consolidates key metrics, providing a snapshot of revenue, costs, and profit margins. Customizable filters and dynamic charts enable stakeholders to analyze specific aspects of any business, fostering informed decision-making.Screenshot of Magnetic's comprehensive dashboard, providing tools to monitor and manage client engagements. This helps users to stay informed and in control through Magnetic's interface, using valuable insights into a projects and client relationships for improved efficiency and client satisfaction.Screenshot of Magnetic's Revenue Forecast, used to monitor billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic helps to drive informed decisions.Screenshot of customisable templates used to create precise cost estimates and time plans. This helps to ensure accurate client quotes and allocate tasks with optimal timings, maximising productivity and project success.

Workday Professional Services Automation Screenshots

Screenshot of Workday Professional Services Automation Create QuoteScreenshot of Workday Professional Services Automation CRM DashboardScreenshot of Workday Professional Services Automation Opportunity DashboardScreenshot of Workday Professional Services Automation Services Catalog