Microsoft Power BI vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Power BI
Score 8.5 out of 10
N/A
Microsoft Power BI is a visualization and data discovery tool from Microsoft. It allows users to convert data into visuals and graphics, visually explore and analyze data, collaborate on interactive dashboards and reports, and scale across their organization with built-in governance and security.
$10
per month per user
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 Power BIWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Microsoft Power BIWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Power BIWorkday Financial Management
Features
Microsoft Power BIWorkday Financial Management
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Microsoft Power BI
8.3
195 Ratings
2% above category average
Workday Financial Management
-
Ratings
Pixel Perfect reports8.3166 Ratings00 Ratings
Customizable dashboards8.8194 Ratings00 Ratings
Report Formatting Templates8.0177 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Microsoft Power BI
8.0
193 Ratings
0% below category average
Workday Financial Management
-
Ratings
Drill-down analysis8.3190 Ratings00 Ratings
Formatting capabilities7.8190 Ratings00 Ratings
Integration with R or other statistical packages7.4142 Ratings00 Ratings
Report sharing and collaboration8.4188 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Microsoft Power BI
8.0
186 Ratings
3% below category average
Workday Financial Management
-
Ratings
Publish to Web8.3176 Ratings00 Ratings
Publish to PDF8.0171 Ratings00 Ratings
Report Versioning7.7143 Ratings00 Ratings
Report Delivery Scheduling8.2146 Ratings00 Ratings
Delivery to Remote Servers7.9109 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Microsoft Power BI
7.8
186 Ratings
2% below category average
Workday Financial Management
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)8.2180 Ratings00 Ratings
Location Analytics / Geographic Visualization8.1165 Ratings00 Ratings
Predictive Analytics7.4135 Ratings00 Ratings
Pattern Recognition and Data Mining7.436 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Microsoft Power BI
8.5
177 Ratings
0% below category average
Workday Financial Management
-
Ratings
Multi-User Support (named login)8.8167 Ratings00 Ratings
Role-Based Security Model8.4145 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.4157 Ratings00 Ratings
Report-Level Access Control8.346 Ratings00 Ratings
Single Sign-On (SSO)8.7139 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Microsoft Power BI
8.0
159 Ratings
3% above category average
Workday Financial Management
-
Ratings
Responsive Design for Web Access7.7149 Ratings00 Ratings
Mobile Application7.6130 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.9152 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Microsoft Power BI
7.8
115 Ratings
1% above category average
Workday Financial Management
-
Ratings
REST API8.1103 Ratings00 Ratings
Javascript API7.684 Ratings00 Ratings
iFrames8.055 Ratings00 Ratings
Java API7.068 Ratings00 Ratings
Themeable User Interface (UI)7.690 Ratings00 Ratings
Customizable Platform (Open Source)8.444 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation00 Ratings8.322 Ratings
Benefit plan administration00 Ratings8.119 Ratings
Direct deposit files00 Ratings8.119 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration00 Ratings8.516 Ratings
Plug-ins00 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability00 Ratings9.024 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards00 Ratings7.926 Ratings
Standard reports00 Ratings8.123 Ratings
Custom reports00 Ratings8.021 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable00 Ratings7.717 Ratings
Accounts receivable00 Ratings7.517 Ratings
Global Financial Support00 Ratings7.418 Ratings
Primary and Secondary Ledgers00 Ratings7.418 Ratings
Journals and Reconciliations00 Ratings7.715 Ratings
Configurable Accounting00 Ratings7.418 Ratings
Standardized Processes00 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
7.3
10 Ratings
8% below category average
Inventory tracking00 Ratings7.610 Ratings
Automatic reordering00 Ratings7.410 Ratings
Location management00 Ratings6.99 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Power BI
-
Ratings
Workday Financial Management
7.2
10 Ratings
8% below category average
Credit card processing00 Ratings7.210 Ratings
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Microsoft Power BIWorkday Financial Management
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User Ratings
Microsoft Power BIWorkday Financial Management
Likelihood to Recommend
8.5
(193 ratings)
8.5
(26 ratings)
Likelihood to Renew
9.5
(3 ratings)
9.0
(1 ratings)
Usability
8.3
(110 ratings)
9.1
(9 ratings)
Support Rating
10.0
(52 ratings)
10.0
(5 ratings)
Implementation Rating
9.0
(1 ratings)
-
(0 ratings)
User Testimonials
Microsoft Power BIWorkday Financial Management
Likelihood to Recommend
Microsoft
Has significantly improved collation of data and visualisation especially with business across Europe. Has given me the ability to see the Site availability at the click of a button to see which Site is in the "money" and seize opportunities based on Market data
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
  • Options for data source connections are immense. Not just which sources, but your options for *how* the data is brought in.
  • Constant updates (this is both good and bad at times).
  • User friendliness. I can get the data connections set up and draft some quick visuals, then release to the target audience and let them expand on it how they want to.
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
  • It would be easier for users could Microsoft Power BI and Excel used the same programming languages.
  • Would like to see the online version of Microsoft Power BI be as powerful as the desktop version.
  • Publishing a Microsoft Power BI file online and then having to save the file is somewhat redundant.
  • Would like to export each page or chart as an image.
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
Microsoft Power BI is an excellent and scalable tool. It has a learning curve, but once you get past that, the sky is the limit and you can build from the most simple to the most complex dashboards. I have built everything from simple reports with only a few data points to complex reports with many pages and advanced filtering.
Read full review
Workday
No answers on this topic
Usability
Microsoft
Automating reporting has reduced manual data processing by 50-70%, freeing up analysts for higher-value tasks. A finance team that previously spent 20+ hours per week on Excel-based reports now does it in minutes with Microsoft Power BI's automated Real-time dashboards have shortened decision cycles by 30-40%, enabling leadership to react quickly to sales trends, operational bottlenecks, and customer behavior.
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.
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Support Rating
Microsoft
It is a fantastic tool, you can do almost everything related with data and reports, it is a perfect substitutive of Power Point and Excel with a high evolution and flexibility, and also it is very friendly and easy to share. I think all companies should have Power BI (or other BI tool) in their software package and if they are in the MS Suite, for sure Power BI should be the one due to all the benefits of the MS ecosystem.
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.
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Implementation Rating
Microsoft
It was integrated with our erp easily and was accessible on cloud.
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Workday
No answers on this topic
Alternatives Considered
Microsoft
Microsoft Power BI is free. If I didn't want to create a custom platform (i.e. my organization insisted on an existing platform that I *had* to use), I'd use Microsoft Power BI. For any start-up or SMB, I'd just use Claude & Grok to build it quickly, also for free. Would not pay for Tableau or Sigma anymore. Not worth it at all.
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.
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Return on Investment
Microsoft
  • Power BI usage reduced the effort of analytical reports creation by about 80%
  • Empowered all the level of employee to be more vigilant of the data and business insights, gained the profit of 8% overall.
  • AI-powered predictive analytics improved forecasting accuracy by 17%, that topped the overall sales.
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

Microsoft Power BI Screenshots

Screenshot of Microsoft Power BI - Turns insights into impact for business usersScreenshot of Power BI integrates easily with Microsoft 365Screenshot of Microsoft Power BI - AI-Powered CapabilitiesScreenshot of Microsoft Power BI - Copilot can be used to create reportsScreenshot of Microsoft Power BI - Data HubScreenshot of Microsoft Power BI - Scales as organizational needs grow

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis