Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.
$31.10
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
Odoo
Workday Financial Management
Editions & Modules
Standard
$31.10
per month per user
Custom
$46.70
per month per user
No answers on this topic
Offerings
Pricing Offerings
Odoo
Workday Financial Management
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
-$49,321,250 per app/ per user/ per month
No setup fee
Additional Details
A discount is offered for new users for the first 12 months of use for the initial users purchased. ($24.90 instead of $31.10 for Standard)
—
More Pricing Information
Community Pulse
Odoo
Workday Financial Management
Features
Odoo
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo
5.1
10 Ratings
36% below category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation
7.49 Ratings
8.322 Ratings
Benefit plan administration
7.78 Ratings
8.119 Ratings
Direct deposit files
8.59 Ratings
8.119 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo
8.2
13 Ratings
10% above category average
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration
8.211 Ratings
8.516 Ratings
Plug-ins
8.113 Ratings
7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo
8.4
14 Ratings
1% above category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability
9.410 Ratings
9.024 Ratings
Role-based user permissions
7.414 Ratings
8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Odoo
7.0
16 Ratings
4% below category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards
6.616 Ratings
7.926 Ratings
Standard reports
6.916 Ratings
8.123 Ratings
Custom reports
7.616 Ratings
7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Odoo
4.6
13 Ratings
50% below category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable
6.913 Ratings
7.617 Ratings
Accounts receivable
6.913 Ratings
7.417 Ratings
Global Financial Support
6.012 Ratings
7.318 Ratings
Primary and Secondary Ledgers
6.412 Ratings
7.418 Ratings
Journals and Reconciliations
6.213 Ratings
7.615 Ratings
Configurable Accounting
6.713 Ratings
7.418 Ratings
Standardized Processes
5.812 Ratings
8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Odoo
6.4
18 Ratings
21% below category average
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking
8.118 Ratings
7.610 Ratings
Automatic reordering
8.116 Ratings
7.410 Ratings
Location management
8.515 Ratings
6.89 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Odoo
6.0
16 Ratings
26% below category average
Workday Financial Management
7.1
10 Ratings
9% below category average
Pricing
8.316 Ratings
00 Ratings
Order entry
8.416 Ratings
00 Ratings
Credit card processing
7.513 Ratings
7.110 Ratings
Cost of goods sold
8.214 Ratings
00 Ratings
Order Orchestration
7.712 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Odoo
2.9
12 Ratings
88% below category average
Workday Financial Management
-
Ratings
Billing Management
7.212 Ratings
00 Ratings
Cash and Asset Management
6.711 Ratings
00 Ratings
Travel & Expense Management
6.211 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
4.810 Ratings
00 Ratings
Period Close
7.010 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Odoo
1.0
6 Ratings
153% below category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting
1.06 Ratings
00 Ratings
Project Costing
1.05 Ratings
00 Ratings
Cost Capture
1.05 Ratings
00 Ratings
Capital Project Management
1.05 Ratings
00 Ratings
Customer Contract Compliance
1.05 Ratings
00 Ratings
Project Revenue Recognition
1.05 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Odoo
3.1
8 Ratings
77% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
8.98 Ratings
00 Ratings
Task Insight for Project Managers
8.97 Ratings
00 Ratings
Project Mobile Functionality
8.67 Ratings
00 Ratings
Definable Resource Pools
8.37 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Odoo
3.1
8 Ratings
81% below category average
Workday Financial Management
-
Ratings
Award Lifecycle Management
9.27 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Odoo
7.6
11 Ratings
8% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
7.87 Ratings
00 Ratings
Contract Authoring
6.07 Ratings
00 Ratings
Contract Repository
6.57 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
7.610 Ratings
00 Ratings
Supplier Management
7.28 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Odoo
9.6
5 Ratings
38% above category average
Workday Financial Management
-
Ratings
Risk Repository
10.02 Ratings
00 Ratings
Control Management
9.65 Ratings
00 Ratings
Control Efficiency Assessments
9.24 Ratings
00 Ratings
Issue Detection
10.03 Ratings
00 Ratings
Remediation and Certification
10.02 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Odoo
6.7
7 Ratings
2% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization
8.65 Ratings
00 Ratings
Transportation Execution Management
9.65 Ratings
00 Ratings
Trade and Customs Management
9.14 Ratings
00 Ratings
Fulfillment Management
8.86 Ratings
00 Ratings
Warehouse Workforce Management
9.65 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Odoo
7.9
9 Ratings
7% above category average
Workday Financial Management
-
Ratings
Production Process Design
6.96 Ratings
00 Ratings
Production Management
6.17 Ratings
00 Ratings
Configuration Management
7.76 Ratings
00 Ratings
Work Execution
8.17 Ratings
00 Ratings
Manufacturing Costs
8.37 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Odoo
8.2
11 Ratings
13% above category average
Workday Financial Management
-
Ratings
Forecasting
8.211 Ratings
00 Ratings
Inventory Planning
8.111 Ratings
00 Ratings
Performance Monitoring
7.410 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
It is well suited for inventory tracking, shipping and sales work flows. While some customization is needed to make it functional, if done correctly Odoo can serves as a powerful one stop shop for all of a businesses needs. The ease of customization for email templates, both for sales communications and marketing outreach leaves something to be desired. Perhaps our team hasn't explored this fully enough. I have personally found it intimidating in trying to construct a news letter using the email marketing module
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.
The creation of products is extremely simple, I like that it does not complicate you to put a lot of detail, of course if you want to put more detailed information later it allows you to do it without problems
The fact that I can manage my inventory of my warehouse is very convenient, I only generate my stock report of the products we have in stock and taking inventory is easier
The management of opportunities in the CRM is also great, because the guys from the sales department generate their opportunity, place what their client is requiring and we, the logisticians, can automatically generate the quote for what they are requesting, and from there they can only download their quote and send it to their clients.
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.
Customer service is nonexistent. You will need a 3rd party to assist you.
The system has an open app for integrating with other programs. These are developed by third parties and can be hit or miss in functionality.
The system offers great flexibility; however, it is too much and requires coding. For example, changing a Sales order PDF requires coding to modify the document.
Initial implementation is clunky and seems to require a 3rd party just for setup.
Once you complete the training with Odoo, you have a great grasp of how the system works, and most every feature is intuitive- There is rarely a task within Odoo that I get frustrated trying to figure out- I can typically look through the system and find what I need to do, and if I ever do need support, the Odoo Support team is excellent
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.
Easy - there is NO SUPPORT (like in ABSOLUTELY NOTHING!!!!!!!). Even for legally mandatory requirements where the system MUST work, they will gladly take a month to get back to you with a NON-answer. We couldn't even get our bank statements correctly into Odoo for 2 months - leading to no reconciliation and the company accounts were a mess (still are!!) as a result - Completely irresponsible. Have not EVEN had an apology from Odoo - they couldn't care less !!
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.
We decided to go with Odoo over Netsuite due to a few factors. Price was a big reason why, Netsuite is the most expensive ERP we vetted. I also did not have a great experience with Netsuite at my last job. I was on the roll out team and it did not work as promised for POS, inventory managing or reporting, it crashed constantly in the middle of using it. Just over all very poor. Considering it is owned by Oracle and the most expensive, you would think it would be able to function on some sort of base level. That company ended up terminating their contract with Netsuite early and going with a different company.
We don't have crashing or error issues. I can complete receives, cycle counts etc and all of my information saves. Visually, Odoo is more satisfying also.
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.
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.