Microsoft Dynamics 365 Finance is used to automate and modernize global financial operations. The application can monitor performance in real time, predict future outcomes, and support data-driven decisions to drive business growth.
$2,520
per year per user
Workday HCM
Score 8.1 out of 10
N/A
Workday Human Capital Management is a cloud-native system offering a globally
consistent user experience. Workday HCM is part of an intelligent, unified system with other
Workday products.
N/A
Pricing
Microsoft Dynamics 365 Finance
Workday Human Capital Management
Editions & Modules
Dynamics 365 Finance
$2520
per year per user
Dynamics 365 Finance Premium
$3600
per year per user
No answers on this topic
Offerings
Pricing Offerings
Microsoft Dynamics 365 Finance
Workday HCM
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Microsoft Dynamics 365 Finance
Workday Human Capital Management
Features
Microsoft Dynamics 365 Finance
Workday Human Capital Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
41% below category average
Workday Human Capital Management
8.9
81 Ratings
9% above category average
Pay calculation
5.01 Ratings
8.569 Ratings
Reimbursement management
5.01 Ratings
9.244 Ratings
Support for external payroll vendors
00 Ratings
8.757 Ratings
Off-cycle/On-Demand payment
00 Ratings
9.819 Ratings
Benefit plan administration
00 Ratings
8.564 Ratings
Direct deposit files
00 Ratings
8.770 Ratings
Salary revision and increment management
00 Ratings
9.167 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Finance
3.0
1 Ratings
87% below category average
Workday Human Capital Management
-
Ratings
API for custom integration
3.01 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Finance
8.0
1 Ratings
2% below category average
Workday Human Capital Management
-
Ratings
Single sign-on capability
9.01 Ratings
00 Ratings
Role-based user permissions
7.01 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
44% below category average
Workday Human Capital Management
-
Ratings
Dashboards
5.01 Ratings
00 Ratings
Standard reports
5.01 Ratings
00 Ratings
Custom reports
5.01 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Finance
7.7
1 Ratings
1% above category average
Workday Human Capital Management
-
Ratings
Accounts payable
7.01 Ratings
00 Ratings
Accounts receivable
7.01 Ratings
00 Ratings
Cash management
7.01 Ratings
00 Ratings
Bank reconciliation
7.01 Ratings
00 Ratings
Expense management
7.01 Ratings
00 Ratings
Time tracking
7.01 Ratings
00 Ratings
Fixed asset management
5.01 Ratings
00 Ratings
Multi-currency support
10.01 Ratings
00 Ratings
Multi-division support
10.01 Ratings
00 Ratings
Regulations compliance
7.01 Ratings
00 Ratings
Electronic tax filing
9.01 Ratings
00 Ratings
Self-service portal
10.01 Ratings
00 Ratings
Global Financial Support
10.01 Ratings
00 Ratings
Primary and Secondary Ledgers
10.01 Ratings
00 Ratings
Intercompany Accounting
10.01 Ratings
00 Ratings
Localizations
7.01 Ratings
00 Ratings
Journals and Reconciliations
8.01 Ratings
00 Ratings
Enterprise Accounting
10.01 Ratings
00 Ratings
Configurable Accounting
3.01 Ratings
00 Ratings
Centralized Rules Framework
5.01 Ratings
00 Ratings
Standardized Processes
5.01 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
38% below category average
Workday Human Capital Management
-
Ratings
Inventory tracking
5.01 Ratings
00 Ratings
Location management
5.01 Ratings
00 Ratings
Manufacturing module
5.01 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Finance
5.0
1 Ratings
40% below category average
Workday Human Capital Management
-
Ratings
Pricing
5.01 Ratings
00 Ratings
Order entry
5.01 Ratings
00 Ratings
Cost of goods sold
5.01 Ratings
00 Ratings
End-to-end order visibility
5.01 Ratings
00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.5
98 Ratings
5% above category average
Employee demographic data
00 Ratings
8.483 Ratings
Employment history
00 Ratings
8.793 Ratings
Job profiles and administration
00 Ratings
8.695 Ratings
Workflow for transfers, promotions, pay raises, etc.
00 Ratings
9.290 Ratings
Organizational charting
00 Ratings
9.289 Ratings
Organization and location management
00 Ratings
8.986 Ratings
Compliance data (COBRA, OSHA, etc.)
00 Ratings
6.761 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.6
76 Ratings
5% above category average
Approval workflow
00 Ratings
8.575 Ratings
Balance details
00 Ratings
8.475 Ratings
Annual carry-forward and encashment
00 Ratings
8.861 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.4
96 Ratings
2% above category average
View and generate pay and benefit information
00 Ratings
8.885 Ratings
Update personal information
00 Ratings
8.694 Ratings
View company policy documentation
00 Ratings
7.574 Ratings
Employee recognition
00 Ratings
8.157 Ratings
View job history
00 Ratings
8.885 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.3
25 Ratings
3% above category average
Tracking of all physical assets
00 Ratings
8.325 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.4
80 Ratings
11% above category average
Report builder
00 Ratings
8.776 Ratings
Pre-built reports
00 Ratings
8.578 Ratings
Ability to combine HR data with external data
00 Ratings
7.866 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.5
58 Ratings
6% above category average
New hire portal
00 Ratings
8.453 Ratings
Manager tracking tools
00 Ratings
8.754 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.4
62 Ratings
4% above category average
Corporate goal setting
00 Ratings
8.652 Ratings
Individual goal setting
00 Ratings
8.661 Ratings
Line-of sight-visibility
00 Ratings
7.952 Ratings
Performance tracking
00 Ratings
8.660 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
8.8
65 Ratings
11% above category average
Performance plans
00 Ratings
8.964 Ratings
Performance improvement plans
00 Ratings
8.856 Ratings
Review status tracking
00 Ratings
8.760 Ratings
Review reminders
00 Ratings
9.059 Ratings
Multiple review frequency
00 Ratings
8.852 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Microsoft Dynamics 365 Finance
-
Ratings
Workday Human Capital Management
7.9
42 Ratings
1% above category average
Create succession plans/pools
00 Ratings
9.136 Ratings
Candidate ranking
00 Ratings
7.636 Ratings
Candidate search
00 Ratings
7.940 Ratings
Candidate development
00 Ratings
6.838 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
I think Microsoft Dynamics 365 Finance is well suited to an established company that is relatively inflexible and large. It contains very large divisions or even separate entities that all feed into the same database / g/l structure. The optimal company will not have many changes over time, and will be configured once and any new divisions or companies will be forced to fit into the corporate dictated structure and rules.
I would say it's well suited in every environment because I think it does so much. It's like the holy grail of HRIS systems is what I like to call it because thinking about all parts of the employee lifecycle, it lives here in Workday Human Capital Management. So I love the fact that you can do the people data analytics, you can store employee records, the talent acquisition pieces there. I'm thinking I can't think of anything negative right now except for the fact that I can't drill down into the data for the people analytics side. Other than that, I think it's literally, yeah, the holy grail of HRIS systems, I love it and I would highly recommend it.
Groups employees in management hierarchies and creates Org Charts that are easy to navigate and allow for visualizing management chains regardless of employee locations
Intuitive and easy to use. The Workday search functionality works very much like Google; one can search for anything that they have access to in the database and drill down into the various details. All information is connected through hyperlinks and users can easily keep digging into the details for as far as their security access would take them.
Tasks such as to do, review or approve items are sent to the user's Workday Inbox, very much resembling email. Notifications about outstanding "to do" items are also sent to each the user's work email address on a daily basis.
It is work to make one system the source of truth for our data, but now that it is done, there is less work involved in staying on this path. This means for us that maintaining and/or implementing new modules like performance, finance, talent, etc. is simple. It's a no-brainer
Workday's on a great path in terms of user experience. Their goals is to deliver a use experience that doesn't require training or instruction, like Amazon on the consumer side for example. That's hard to do when you're talking about complex business processes and important and sensitive employee information, but they're doing it well
In 2014, Workday has changed the update process. There will be two updates a year; the updates will be delivered to customers typically in a 24 hour window during these two weekends a year. They also keep the Community up-to-date about any planned outages, etc. There is weekly scheduled downtime on Friday night.
From my perspective, the system runs like a well oiled machine and I have not had any issues with customers complaining about speed. If a report is taking long to run, the report can run in the background and you can go about your business. For larger enterprises, there is additional space and machines to process the application in what Workday refers to it as Extended Configuration Tenant
Workday is still learning about the needs of higher education. I have seen rapid improvement in support and knowledge over the last year so am confident this will continue to improve. Overall however, I have found the Support Team to be extremely responsive and Workday offers the advantage of having support across several timezones so that we never wait more than a few hours for a response.
Some training is offered online. Cost is per-person. This also gets quite expensive. Training doesn’t follow a logical path A to B. Starts in middle. When you try to do it afterwards at your desk, difficult. • Training scenarios are not very real
I have done for report writing and mass imports (EIBs). They give materials and you run through examples, i.e. you don’t just watch them do tasks, so that is helpful. Training is expensive – a single reporting writing class is $600 per person for virtual training
It was implemented before my joining the company. At my last company, we used Workday professional services.
Based upon my experience at my last company, I would rate the implementation experience an 8/10. There are different ways to set things up and we had different people telling us different things. It set us back a couple of times.
Regarding configuration advice, we could set things up where every manager has supervisory organizations, or have it financially based i.e. aligned to cost center/department. We chose the individual manager path and I think we should have chosen a department route. Going down the individual manager path, to maintain the information, we have to inactivate a supervisory org whenever a manager changes/leaves.
Microsoft Dynamics 365 Finance is more robust, and can handle larger, more complex business operations, and have better delineation between corporate management and divisions in a company, but it is not flexible, nor easy to change. It is complex, inflexible, and difficult to incorporate new workflows or business rules to accommodate changes in the business. We have changed over the past decade and while F&O is big and robust, it is not nimble.
Workday is an incomplete product, by this I mean it must work alongside other products and does not work by itself. Trying to make several different products work smoothly together becomes very challenging. As compared to ADP products, when purchased all together work very well all together. Also, ADP has extensive Training programs and extensive Customer Support. So ADP's products are far superior to Workday's products in my opinion.
Workday has released Financials and is continuing to develop it's Human Capital Management footprint with the addition of Workday Recruiting. I think customers will find that is easy to add on additional functionality in the system. Workday does make it easy for customers to make changes without relying on IT resources. The Business Process framework is a visual tool that allows functional resources to make changes and see the flow of the transaction
Positive ROI, we were one of the first organizations that went with Workday HCM, and we received numerous discounts. Cloud systems are the way to go and we feel the system is stable for our growing work force.
The user conferences have been helpful to network and learn more deepness in the modules and functionality.
Right off the bat, our implementation costs were lower than budgeted and we had less 'billing' surprises.