Microsoft Dynamics 365 Finance vs. Workday Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics 365 Finance
Score 7.4 out of 10
N/A
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 Platform
Score 7.2 out of 10
N/A
Workday unites an organization's HR, financial, and operational data in one platform, using unique data, and AI agents. With planning, execution, and analysis across the organization, Workday aims to drive business forward. Workday Illuminate™ uses the company's HR and finance dataset informed by over a trillion transactions to power AI processes and agents. This next generation of AI keeps humans at the center and is embedded directly into the platform—with the…N/A
Pricing
Microsoft Dynamics 365 FinanceWorkday Platform
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 FinanceWorkday Platform
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics 365 FinanceWorkday Platform
Features
Microsoft Dynamics 365 FinanceWorkday Platform
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 Platform
-
Ratings
Pay calculation5.01 Ratings00 Ratings
Reimbursement management5.01 Ratings00 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 Platform
-
Ratings
API for custom integration3.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Finance
8.0
1 Ratings
3% below category average
Workday Platform
-
Ratings
Single sign-on capability9.01 Ratings00 Ratings
Role-based user permissions7.01 Ratings00 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 Platform
-
Ratings
Dashboards5.01 Ratings00 Ratings
Standard reports5.01 Ratings00 Ratings
Custom reports5.01 Ratings00 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 Platform
-
Ratings
Accounts payable7.01 Ratings00 Ratings
Accounts receivable7.01 Ratings00 Ratings
Cash management7.01 Ratings00 Ratings
Bank reconciliation7.01 Ratings00 Ratings
Expense management7.01 Ratings00 Ratings
Time tracking7.01 Ratings00 Ratings
Fixed asset management5.01 Ratings00 Ratings
Multi-currency support10.01 Ratings00 Ratings
Multi-division support10.01 Ratings00 Ratings
Regulations compliance7.01 Ratings00 Ratings
Electronic tax filing9.01 Ratings00 Ratings
Self-service portal10.01 Ratings00 Ratings
Global Financial Support10.01 Ratings00 Ratings
Primary and Secondary Ledgers10.01 Ratings00 Ratings
Intercompany Accounting10.01 Ratings00 Ratings
Localizations7.01 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Enterprise Accounting10.01 Ratings00 Ratings
Configurable Accounting3.01 Ratings00 Ratings
Centralized Rules Framework5.01 Ratings00 Ratings
Standardized Processes5.01 Ratings00 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 Platform
-
Ratings
Inventory tracking5.01 Ratings00 Ratings
Location management5.01 Ratings00 Ratings
Manufacturing module5.01 Ratings00 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 Platform
-
Ratings
Pricing5.01 Ratings00 Ratings
Order entry5.01 Ratings00 Ratings
Cost of goods sold5.01 Ratings00 Ratings
End-to-end order visibility5.01 Ratings00 Ratings
User Ratings
Microsoft Dynamics 365 FinanceWorkday Platform
Likelihood to Recommend
5.0
(2 ratings)
-
(0 ratings)
Usability
5.0
(2 ratings)
-
(0 ratings)
Support Rating
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
Microsoft Dynamics 365 FinanceWorkday Platform
Likelihood to Recommend
Microsoft
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.
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Workday
No answers on this topic
Pros
Microsoft
  • Full range of customization options
  • Documentation
  • Cross platform analytics with use of
Read full review
Workday
No answers on this topic
Cons
Microsoft
  • Flexibility in configuration
  • Project management tracking
  • Interoperability with external systems
  • Ease of customization
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Workday
No answers on this topic
Usability
Microsoft
It's extremely versatile, mirrored with so much documentation.
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Workday
No answers on this topic
Support Rating
Microsoft
They are good, but there is always room to be better.
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Workday
No answers on this topic
Alternatives Considered
Microsoft
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.
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Workday
No answers on this topic
Return on Investment
Microsoft
  • Because F&O is not very nimble, we are looking to reimplement
  • The lack of interoperability has hindered our ability to use external tools to supplement shortcomings of the product
  • The inflexibility has lead to great frustration from team leads
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Workday
No answers on this topic
ScreenShots

Workday Platform Screenshots

Screenshot of Adaptive Planning and Workday AssistantScreenshot of a Business Process Framework HierarchyScreenshot of Business Process Framework Security GroupsScreenshot of Financial ResultsScreenshot of a General LedgerScreenshot of Headcount Planning