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Microsoft Dynamics 365 Finance vs. Workday Prism Analytics

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Microsoft Dynamics 365 Finance

    Score6.6 out of 10
    N/AMicrosoft 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 Prism Analytics

    Score7.1 out of 10
    N/AWorkday Prism Analytics is a scalable data hub that enables Finance and HR to securely ingest, blend, and transform high volumes of data from any source—integrated with Workday’s people and financial data. Prism Analytics powers deeper insights across Workday HCM, Financials, and Adaptive Planning, helping teams make smarter decisions without heavy IT reliance. Built on a high-performance Spark engine with machine learning-based resource management, multi-cloud support, and a tables-based…N/A
    Pricing
    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
    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 Prism Analytics
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
    Considered Both Products
    Microsoft
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    91%
    Would buy again
    10 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    8 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    11 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    7 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    6 Answers
    Features
    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
    Payroll Management
    Comparison of Payroll Management features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    41% below category average
    Workday Prism Analytics
    -
    Ratings
    Pay calculation5.01 Ratings00 Ratings
    Reimbursement management5.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    6.8
    2 Ratings
    11% below category average
    Workday Prism Analytics
    -
    Ratings
    API for custom integration5.62 Ratings00 Ratings
    Plug-ins8.01 Ratings00 Ratings
    Security
    Comparison of Security features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    8.3
    2 Ratings
    1% above category average
    Workday Prism Analytics
    -
    Ratings
    Single sign-on capability9.02 Ratings00 Ratings
    Role-based user permissions7.52 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    6.7
    2 Ratings
    15% below category average
    Workday Prism Analytics
    -
    Ratings
    Dashboards6.52 Ratings00 Ratings
    Standard reports7.02 Ratings00 Ratings
    Custom reports6.52 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    8.1
    2 Ratings
    6% above category average
    Workday Prism Analytics
    -
    Ratings
    Accounts payable7.52 Ratings00 Ratings
    Accounts receivable8.02 Ratings00 Ratings
    Cash management8.02 Ratings00 Ratings
    Bank reconciliation8.02 Ratings00 Ratings
    Expense management8.02 Ratings00 Ratings
    Time tracking7.01 Ratings00 Ratings
    Fixed asset management6.52 Ratings00 Ratings
    Multi-currency support9.02 Ratings00 Ratings
    Multi-division support9.52 Ratings00 Ratings
    Regulations compliance8.02 Ratings00 Ratings
    Electronic tax filing8.02 Ratings00 Ratings
    Self-service portal9.52 Ratings00 Ratings
    Global Financial Support9.52 Ratings00 Ratings
    Primary and Secondary Ledgers9.52 Ratings00 Ratings
    Intercompany Accounting9.52 Ratings00 Ratings
    Localizations7.52 Ratings00 Ratings
    Journals and Reconciliations8.52 Ratings00 Ratings
    Enterprise Accounting9.52 Ratings00 Ratings
    Configurable Accounting5.62 Ratings00 Ratings
    Centralized Rules Framework6.52 Ratings00 Ratings
    Standardized Processes7.02 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    37% below category average
    Workday Prism Analytics
    -
    Ratings
    Inventory tracking5.01 Ratings00 Ratings
    Location management5.01 Ratings00 Ratings
    Manufacturing module5.01 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    39% below category average
    Workday Prism Analytics
    -
    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
    Workforce Analytics
    Comparison of Workforce Analytics features of Microsoft Dynamics 365 Finance and Workday Prism Analytics
    Feature
    Microsoft Dynamics 365 Finance
    -
    Ratings
    Workday Prism Analytics
    8.9
    11 Ratings
    6% above category average
    Data integration00 Ratings8.811 Ratings
    Data management00 Ratings9.011 Ratings
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    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
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    User Ratings
    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
    Likelihood to Recommend
    6.0
    (3 ratings)
    8.6
    (12 ratings)
    Usability
    6.5
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Microsoft Dynamics 365 FinanceWorkday Prism Analytics
    Likelihood to Recommend
    Microsoft
    Its well suited for medium and large organizations that needs strong financial control , automated workflows , inter-company accounting and real-time reporting . It works wonderfully with all the Microsoft products . However , it may be less useful for small businesses as it requires a good investment in implementation , customization , licensing and user training
    Incentivized
    Read full review
    Workday
    In my organization, we mainly use Workday Prism Analytics in HR and Finance departments. It not only enables us to make data-centric decisions but also helps reduce the need for data experts since we are able to visualize data on our own through self-service analytics.
    Incentivized
    Read full review
    Pros
    Microsoft
    • Financial reporting
    • Multi-company consolidation
    • Hub and spoke setup
    • Web-based access
    Incentivized
    Read full review
    Workday
    • It's web based. No need to install any desktop clients on your machine to use platfora.
    • It's best suited for a big data Hadoop environment. I can rate it as the #1 BI tool for a big data hadoop environment.
    • Platfora follows kind of the same architecture as Hadoop architecture like Master and Slave architecture. It scales with the data volumes.
    • Querying data is very good and very fast. (Platfora Lens)
    • Client presentation wise it's good. You can get different kinds of graphs.
    • Platfora almost supports everything on Big Data technologies including file formats, compression etc.
    • Security is not compromised and it can deal in parallel with any Hadoop distributor security implementations. Just take an example of Knox on Hortonworks, so it will deal with that and cloudera , MapR
    • Its very easily understandable and for the new people who wants to try platfora, learning curve is low
    • You can create your own datasets in platfora. You can store your results as a dataset in platfora and can share across
    Incentivized
    Read full review
    Cons
    Microsoft
    • More clarity on features going away
    • New feature showcases
    • Demonstrations for how things were intended to be used
    Incentivized
    Read full review
    Workday
    • Data Movement - Data needs to be moved from Hadoop to Platfora to create Platfora Lens and to do analytics.
    • To support Data movement, infrastructure cost is high.
    • To support data movement, network bandwidth consumption is high.
    • No trial versions for companies to evaluate.
    Incentivized
    Read full review
    Usability
    Microsoft
    As the UI is modern and user friendly which makes it easy to navigate . The dashboard , workspace and personalized view helps to access the right set of information with ease
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Support Rating
    Microsoft
    They are good, but there is always room to be better.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Workday
    Both are great products. The advantage of SAP Workforce Analytics is that it's widely interoperable between different APIs and databases. Having said that, Workday Prism Analytics scores much better in user-friendliness and the learning curve for the teams to start using it is very low. If Workday enhances its APIs functionality, it can compete easily with SAP Workforce Analytics.
    Incentivized
    Read full review
    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
    Incentivized
    Read full review
    Workday
    • Improved ROI by decreasing the necessary time investment that managers must make to upkeep employee data sectors.
    • Improved ease of access for employees, reducing unnecessary communication between employees and management.
    • Has led to fewer accounting errors overall.
    Incentivized
    Read full review
    ScreenShots

    Workday Prism Analytics Screenshots

    Screenshot of Workday Prism Analytics Data LineageScreenshot of Workday Prism Analytics Total Cost of LaborScreenshot of Workday Prism Analytics Sales Performance Analytics