Navan vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Navan
Score 8.3 out of 10
N/A
Navan (formerly TripActions) headquartered in Palo Alto offers their corporate travel management application of the same name, supporting messaging, travel rewards management, travel booking, and company policy compliance.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
NavanWorkday Financial Management
Editions & Modules
Navan Business
Free
Navan Enterprise
Let's Talk
No answers on this topic
Offerings
Pricing Offerings
NavanWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
NavanWorkday Financial Management
Features
NavanWorkday Financial Management
Travel Management
Comparison of Travel Management features of Product A and Product B
Navan
1.2
1 Ratings
93% below category average
Workday Financial Management
-
Ratings
Customizable Approval Workflows2.01 Ratings00 Ratings
Readily Available Support1.01 Ratings00 Ratings
Travel Spend Reports1.01 Ratings00 Ratings
Consolidated Invoicing1.01 Ratings00 Ratings
Easy Travel Booking2.01 Ratings00 Ratings
Mobile Travel Application1.01 Ratings00 Ratings
Centralized Itinerary Management1.01 Ratings00 Ratings
Collaborative Booking1.01 Ratings00 Ratings
Loyalty Programs1.01 Ratings00 Ratings
Reuses Traveler Information1.01 Ratings00 Ratings
User-friendly Interface1.01 Ratings00 Ratings
Integrated Expensing Tool1.01 Ratings00 Ratings
Travel Alerts1.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Navan
-
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 Ratings8.019 Ratings
Customization
Comparison of Customization features of Product A and Product B
Navan
-
Ratings
Workday Financial Management
8.1
19 Ratings
9% 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
Navan
-
Ratings
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability00 Ratings9.124 Ratings
Role-based user permissions00 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Navan
-
Ratings
Workday Financial Management
7.9
26 Ratings
8% above category average
Dashboards00 Ratings7.826 Ratings
Standard reports00 Ratings8.123 Ratings
Custom reports00 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Navan
-
Ratings
Workday Financial Management
7.7
22 Ratings
0% above category average
Accounts payable00 Ratings7.617 Ratings
Accounts receivable00 Ratings7.317 Ratings
Global Financial Support00 Ratings7.318 Ratings
Primary and Secondary Ledgers00 Ratings7.318 Ratings
Journals and Reconciliations00 Ratings7.615 Ratings
Configurable Accounting00 Ratings7.418 Ratings
Standardized Processes00 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Navan
-
Ratings
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking00 Ratings7.510 Ratings
Automatic reordering00 Ratings7.310 Ratings
Location management00 Ratings6.79 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Navan
-
Ratings
Workday Financial Management
7.0
10 Ratings
11% below category average
Credit card processing00 Ratings7.010 Ratings
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User Ratings
NavanWorkday Financial Management
Likelihood to Recommend
1.0
(36 ratings)
8.5
(26 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.1
(9 ratings)
Support Rating
9.4
(15 ratings)
10.0
(5 ratings)
User Testimonials
NavanWorkday Financial Management
Likelihood to Recommend
Navan
A specific scenario where TripActions was well suited was when I needed to book a hotel stay in Cologne, Germany for multiple colleagues. The fact that they were registered users made coordinating their stays a seamless process. I have not had an occasion where TripActions was inappropriate to use.
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
Navan
  • Provides a wide range of travel options within a wide budget.
  • It is reliable - if a trip gets canceled, they are quick to contact their customer and help sort out additional booking details to get you to your final destination.
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.
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Cons
Navan
  • Limited partnerships with all the major airlines, or if so, slowly just adding more airlines to their platform
  • Not a lot of information about the ratings of the hotels. I have stayed in hotels that I probably wouldn't have if their information was more up to date
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
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Likelihood to Renew
Navan
This decision overall isn’t made by me. The company evaluates the product. While I am an influencer the overall review is my personal opinion and mine only. The company books flights or would like for us to book flights through trip actions everything else is suggested but done with a personal cc which makes it optional. My option will be to not use TripActions for anything personally.
Read full review
Workday
No answers on this topic
Usability
Navan
No answers on this topic
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
Navan
- Easy bookings and quick expensing - Excellent chat support - Savings for the company since employees opt for rewards which require booking cheaper than average priced hotels - Rewards for employees - Easy to use customer interface - Great mobile applications for android and iOS - Ability to control payment methods for a different types of bookings like hotels or flights or car rentals.
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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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Alternatives Considered
Navan
I like TripActions more because everything is on a mobile app that is super user-friendly. The customer service team is also world class-I genuinely have never felt so taken care of. More so, Concur Travel and Expense never rewarded me for traveling, while I made over 200 dollars in Amazon money just for doing my job.
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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
Navan
  • The ability to change flights while I am on the road in meetings. They actually call the agents for me.
  • It has put money back in my pocket with the Amazon rewards and my company has saved money by me booking the less expensive options.
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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