Microsoft Dynamics GP vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics GP
Score 5.3 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.N/A
Workday Financial Management
Score 8.2 out of 10
N/A
Workday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
Pricing
Microsoft Dynamics GPWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Microsoft Dynamics GPWorkday Financial Management
Free Trial
NoNo
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 GPWorkday Financial Management
Features
Microsoft Dynamics GPWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.5
20 Ratings
15% below category average
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation6.319 Ratings8.222 Ratings
Benefit plan administration6.015 Ratings7.919 Ratings
Direct deposit files7.518 Ratings8.019 Ratings
Salary revision and increment management6.517 Ratings00 Ratings
Reimbursement management6.016 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
4.3
27 Ratings
55% below category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration2.526 Ratings8.616 Ratings
Plug-ins6.021 Ratings7.518 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
7.1
40 Ratings
14% below category average
Workday Financial Management
9.0
24 Ratings
8% above category average
Single sign-on capability5.932 Ratings9.124 Ratings
Role-based user permissions8.240 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
5.4
41 Ratings
36% below category average
Workday Financial Management
7.8
26 Ratings
6% above category average
Dashboards3.529 Ratings7.726 Ratings
Standard reports6.239 Ratings7.923 Ratings
Custom reports6.539 Ratings7.821 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
5.1
48 Ratings
39% below category average
Workday Financial Management
7.6
22 Ratings
1% below category average
Accounts payable6.545 Ratings7.317 Ratings
Accounts receivable5.936 Ratings7.017 Ratings
Cash management6.536 Ratings00 Ratings
Bank reconciliation5.741 Ratings00 Ratings
Expense management4.531 Ratings00 Ratings
Time tracking8.014 Ratings00 Ratings
Fixed asset management4.628 Ratings00 Ratings
Multi-currency support3.019 Ratings00 Ratings
Multi-division support3.026 Ratings00 Ratings
Regulations compliance3.314 Ratings00 Ratings
Electronic tax filing9.012 Ratings00 Ratings
Self-service portal7.012 Ratings00 Ratings
Global Financial Support6.07 Ratings7.118 Ratings
Primary and Secondary Ledgers4.721 Ratings7.118 Ratings
Intercompany Accounting3.918 Ratings00 Ratings
Localizations4.513 Ratings00 Ratings
Journals and Reconciliations4.726 Ratings7.415 Ratings
Enterprise Accounting3.016 Ratings00 Ratings
Configurable Accounting4.217 Ratings7.318 Ratings
Centralized Rules Framework3.914 Ratings00 Ratings
Standardized Processes6.219 Ratings7.819 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
4.6
26 Ratings
46% below category average
Workday Financial Management
7.0
10 Ratings
12% below category average
Inventory tracking6.424 Ratings7.310 Ratings
Automatic reordering1.013 Ratings7.110 Ratings
Location management4.018 Ratings6.59 Ratings
Manufacturing module4.815 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
3.7
25 Ratings
68% below category average
Workday Financial Management
6.6
10 Ratings
17% below category average
Pricing3.518 Ratings00 Ratings
Order entry3.521 Ratings00 Ratings
Credit card processing1.012 Ratings6.610 Ratings
Cost of goods sold5.325 Ratings00 Ratings
Order Orchestration5.49 Ratings00 Ratings
End-to-end order visibility3.912 Ratings00 Ratings
Order exception Resolution3.57 Ratings00 Ratings
Best Alternatives
Microsoft Dynamics GPWorkday Financial Management
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.8 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Microsoft Dynamics GPWorkday Financial Management
Likelihood to Recommend
6.0
(51 ratings)
8.4
(26 ratings)
Likelihood to Renew
9.9
(7 ratings)
9.0
(1 ratings)
Usability
6.0
(7 ratings)
9.0
(9 ratings)
Availability
10.0
(2 ratings)
-
(0 ratings)
Performance
7.0
(1 ratings)
-
(0 ratings)
Support Rating
7.0
(5 ratings)
10.0
(5 ratings)
Implementation Rating
8.2
(3 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
Microsoft Dynamics GPWorkday Financial Management
Likelihood to Recommend
Microsoft
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
Read full review
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
Microsoft
  • Great Plains started as back office/accounting, and that is still it's strong suit.
  • SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
  • Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
  • Strong partner network, including the GP User Group (GPUG)
Read full review
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
Microsoft
  • With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
  • I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
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
Read full review
Likelihood to Renew
Microsoft
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Read full review
Workday
No answers on this topic
Usability
Microsoft
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
Read full review
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.
Read full review
Support Rating
Microsoft
The rating is directed to the thrid party serive provider that we use. I do not now how good the Microsoft direct support is.
Read full review
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.
Read full review
Implementation Rating
Microsoft
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
Read full review
Workday
No answers on this topic
Alternatives Considered
Microsoft
I come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
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.
Read full review
Scalability
Microsoft
The functionality that GP and related ISV solutions offer and the ease of integration of GP to other systems makes it an extremely scalable solution
Read full review
Workday
No answers on this topic
Return on Investment
Microsoft
  • Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
  • Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
  • Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!
Read full review
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

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis