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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Namely

    Score7.7 out of 10
    N/ANamely is an end-to-end HR, benefits, and payroll solution for mid-sized businesses. The cloud-based platform can be used to manage the entire HR process.N/A

    Workday Financial Management

    Score8.4 out of 10
    N/AWorkday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A
    Pricing
    NamelyWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    NamelyWorkday Financial Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    NamelyWorkday Financial Management
    Considered Both Products
    Vensure Employer Services
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    66%
    Would buy again
    59 Answers
    96%
    Would buy again
    23 Answers
    Delivers good value for the price
    72%
    Delivers good value for the price
    51 Answers
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    70%
    Happy with the feature set
    62 Answers
    96%
    Happy with the feature set
    23 Answers
    Lived up to sales and marketing promises
    54%
    Lived up to sales and marketing promises
    31 Answers
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    62%
    Implementation went as expected
    37 Answers
    89%
    Implementation went as expected
    17 Answers
    Features
    NamelyWorkday Financial Management
    Human Resource Management
    Comparison of Human Resource Management features of Namely and Workday Financial Management
    Feature
    Namely
    9.7
    144 Ratings
    17% above category average
    Workday Financial Management
    -
    Ratings
    Employee demographic data8.0133 Ratings00 Ratings
    Employment history10.0139 Ratings00 Ratings
    Job profiles and administration10.031 Ratings00 Ratings
    Workflow for transfers, promotions, pay raises, etc.10.0133 Ratings00 Ratings
    Organizational charting10.0135 Ratings00 Ratings
    Organization and location management10.0130 Ratings00 Ratings
    Compliance data (COBRA, OSHA, etc.)10.083 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Namely and Workday Financial Management
    Feature
    Namely
    9.2
    128 Ratings
    12% above category average
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation10.0112 Ratings8.323 Ratings
    Support for external payroll vendors10.054 Ratings00 Ratings
    Off-cycle/On-Demand payment10.058 Ratings00 Ratings
    Benefit plan administration8.0110 Ratings8.020 Ratings
    Direct deposit files10.0114 Ratings8.220 Ratings
    Salary revision and increment management10.0101 Ratings00 Ratings
    Reimbursement management6.657 Ratings00 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Namely and Workday Financial Management
    Feature
    Namely
    10.0
    125 Ratings
    19% above category average
    Workday Financial Management
    -
    Ratings
    Approval workflow10.0122 Ratings00 Ratings
    Balance details10.0117 Ratings00 Ratings
    Annual carry-forward and encashment10.096 Ratings00 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Namely and Workday Financial Management
    Feature
    Namely
    7.2
    142 Ratings
    14% below category average
    Workday Financial Management
    -
    Ratings
    View and generate pay and benefit information10.0130 Ratings00 Ratings
    Update personal information10.0141 Ratings00 Ratings
    View company policy documentation7.0128 Ratings00 Ratings
    Employee recognition2.1117 Ratings00 Ratings
    View job history7.0135 Ratings00 Ratings
    Asset Management
    Comparison of Asset Management features of Namely and Workday Financial Management
    Feature
    Namely
    5.9
    53 Ratings
    31% below category average
    Workday Financial Management
    -
    Ratings
    Tracking of all physical assets5.953 Ratings00 Ratings
    HR Reporting
    Comparison of HR Reporting features of Namely and Workday Financial Management
    Feature
    Namely
    7.8
    122 Ratings
    3% above category average
    Workday Financial Management
    -
    Ratings
    Report builder8.0118 Ratings00 Ratings
    Pre-built reports8.0113 Ratings00 Ratings
    Ability to combine HR data with external data7.574 Ratings00 Ratings
    Onboarding
    Comparison of Onboarding features of Namely and Workday Financial Management
    Feature
    Namely
    6.5
    117 Ratings
    21% below category average
    Workday Financial Management
    -
    Ratings
    New hire portal8.0111 Ratings00 Ratings
    Manager tracking tools5.086 Ratings00 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Namely and Workday Financial Management
    Feature
    Namely
    6.3
    97 Ratings
    25% below category average
    Workday Financial Management
    -
    Ratings
    Corporate goal setting5.087 Ratings00 Ratings
    Individual goal setting3.194 Ratings00 Ratings
    Line-of sight-visibility10.073 Ratings00 Ratings
    Performance tracking7.090 Ratings00 Ratings
    Performance Management
    Comparison of Performance Management features of Namely and Workday Financial Management
    Feature
    Namely
    6.3
    108 Ratings
    24% below category average
    Workday Financial Management
    -
    Ratings
    Performance plans5.097 Ratings00 Ratings
    Performance improvement plans5.069 Ratings00 Ratings
    Review status tracking7.096 Ratings00 Ratings
    Review reminders7.099 Ratings00 Ratings
    Multiple review frequency7.485 Ratings00 Ratings
    Succession Planning
    Comparison of Succession Planning features of Namely and Workday Financial Management
    Feature
    Namely
    5.9
    21 Ratings
    29% below category average
    Workday Financial Management
    -
    Ratings
    Candidate search5.921 Ratings00 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Namely and Workday Financial Management
    Feature
    Namely
    8.8
    6 Ratings
    10% above category average
    Workday Financial Management
    -
    Ratings
    Job Requisition Management8.95 Ratings00 Ratings
    Company Website Posting8.85 Ratings00 Ratings
    Publish to Social Media8.85 Ratings00 Ratings
    Job Search Site Posting8.95 Ratings00 Ratings
    Duplicate Candidate Prevention8.85 Ratings00 Ratings
    Applicant Tracking8.95 Ratings00 Ratings
    Notifications and Alerts8.66 Ratings00 Ratings
    Customization
    Comparison of Customization features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    API for custom integration00 Ratings8.417 Ratings
    Plug-ins00 Ratings7.819 Ratings
    Security
    Comparison of Security features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    9.0
    25 Ratings
    7% above category average
    Single sign-on capability00 Ratings9.225 Ratings
    Role-based user permissions00 Ratings8.823 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards00 Ratings8.227 Ratings
    Standard reports00 Ratings7.924 Ratings
    Custom reports00 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable00 Ratings7.518 Ratings
    Accounts receivable00 Ratings6.918 Ratings
    Global Financial Support00 Ratings7.519 Ratings
    Primary and Secondary Ledgers00 Ratings7.419 Ratings
    Journals and Reconciliations00 Ratings7.716 Ratings
    Configurable Accounting00 Ratings7.719 Ratings
    Standardized Processes00 Ratings7.920 Ratings
    Inventory Management
    Comparison of Inventory Management features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking00 Ratings7.611 Ratings
    Automatic reordering00 Ratings7.311 Ratings
    Location management00 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of Namely and Workday Financial Management
    Feature
    Namely
    -
    Ratings
    Workday Financial Management
    7.3
    11 Ratings
    8% below category average
    Credit card processing00 Ratings7.311 Ratings
    Best Alternatives
    NamelyWorkday Financial Management
    Small Businesses
    UZIO
    Score9.4 out of 10
    Zoho One
    Score9.2 out of 10
    Medium-sized Companies
    Zoho People
    Score8.6 out of 10
    Zoho One
    Score9.2 out of 10
    Enterprises
    PeopleStrong
    Score10 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    NamelyWorkday Financial Management
    Likelihood to Recommend
    7.6
    (146 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    8.0
    (10 ratings)
    9.0
    (1 ratings)
    Usability
    8.0
    (72 ratings)
    9.0
    (10 ratings)
    Availability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Performance
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    6.0
    (28 ratings)
    10.0
    (5 ratings)
    Implementation Rating
    5.5
    (85 ratings)
    -
    (0 ratings)
    Configurability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Ease of integration
    8.0
    (1 ratings)
    -
    (0 ratings)
    Product Scalability
    8.0
    (1 ratings)
    -
    (0 ratings)
    Vendor post-sale
    9.0
    (1 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    9.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    NamelyWorkday Financial Management
    Likelihood to Recommend
    Vensure Employer Services
    Namely is aesthetically very pleasing and navigates like other social media platforms which can be appealing to potentially a remote workforce who interacts more online than in person. Unfortunately, it did not serve our population well as we are primarily manufacturing where people are not as interested in utilizing the HRIS for interactions when they would rather connect in person.
    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.
    Incentivized
    Read full review
    Pros
    Vensure Employer Services
    • Namely has helped with our COVID sick leave response. It has made a major difference both with the weekly payroll and the 941 tax filing
    • Keeping track of our multiple PTO plans. Thank goodness for Namely, I have shredded my old PTO spreadsheets.
    • Employees like the convenience of the cell phone app. As a payroll administrator, I like the Geo Tracking tool where I can see where some are when the clock is in or out.
    • The flexibility inside of the payroll system both as you are finalizing an employee profile and when you are processing payroll is a major advantage.
    • The reports I get out of Namely in Excel format work well for me.
    Incentivized
    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.
    Incentivized
    Read full review
    Cons
    Vensure Employer Services
    • Limits to custom reporting
    • No direct feed for Ohio Workers Comp (now a manual process on our end)
    • No option to place an employee on Leave of Absence and exclude them from payroll while they are "inactive"
    • No option to suppress certain deductions for certain pay types (i.e. allow 401K for commissions but block remaining deductions - also now a manual process to uncheck the suppress box for 401K for each commission check)
    Incentivized
    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
    Incentivized
    Read full review
    Likelihood to Renew
    Vensure Employer Services
    Administrators and employees love Namely. It is very easy to use and streamlined. Employees stay engaged with news feed updates and enjoy all the self service options. The time cards are very easy to access and clocking in and out for non-exempt employees is a breeze. Namely is part of our family.
    Read full review
    Workday
    No answers on this topic
    Usability
    Vensure Employer Services
    It is very simple to use for myself, the HR team, and our employees. I find the payroll process very user-friendly. Reporting is simple to navigate and produce the required information requested. I know our employees enjoy the self-service feature and use it on a regular basis, which saves me time.
    Incentivized
    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.
    Incentivized
    Read full review
    Support Rating
    Vensure Employer Services
    Namely platform has pretty good support: knowledgeable and relatively fast response times. Namely Payroll and Namely Benefits are very much depending on the quality of the support agent or CSM: we have had knowledgeable and attentive ones, but also ones that have provided erroneous information or failed to respond to urgent asks in a timely manner
    Incentivized
    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.
    Incentivized
    Read full review
    Implementation Rating
    Vensure Employer Services
    Implementation was a bit complicated and our company had to carry most of the weight. It often felt like our implementation manager was giving us extra work that she did not want to do herself. It also took much longer than expected - I believe almost 2 months. I believe our company carried a bit too much of the weight.
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Alternatives Considered
    Vensure Employer Services
    The reason I continued to choose Namely at multiple employers is due to the continuity of employee experience. And the features have continued to grow since I initially onboarded in 2014. Also, through the years, I have had terrific benefits teams. The customer service has been the worst part of the experience outside of the benefits team.
    Incentivized
    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.
    Incentivized
    Read full review
    Return on Investment
    Vensure Employer Services
    • We were able to transition to a fully digital onboarding process which saved us hours in time per new hire and made the process smoother for the new hire.
    • Namely is our first HRIS and has helped the HR department to find data and information quickly.
    • Namely helped us digitize our performance management process which the company undergoes on an annual basis.
    Incentivized
    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.
    Incentivized
    Read full review
    ScreenShots

    Namely Screenshots

    Screenshot of the Namely employee dashboard. This creates a central hub to access payroll and benefits info, share announcements, celebrate milestones, and navigate everything HR, from a desk or on the go.Screenshot of Namely Payroll, which is backed by automation and built-in compliance.Screenshot of the Onboarding interface, for new hires.Screenshot of the Applicant Tracking interface, which supports processes from job posting to onboarding with tools for hiring teams and candidates.Screenshot of the Benefits Administration interface, which supports open enrollment, plan changes, and employee elections.Screenshot of the Workforce Management interface. From here, viewers can track time, manage schedules, and handle complex workforce needs.

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis