What users are saying about
20 Ratings
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Score 6.9 out of 100
26 Ratings
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Score 7.7 out of 100

Likelihood to Recommend

OpenText Magellan

If you do not have a large budget and are a large organization, I would steer clear of Actuate. If you are looking to do very complex washboarding, I would not use them. Your developers have to be very skilled to work with this. Plan to bring in consultants if necessary to help your process. Adhoc reporting is weak. If your pricing is user based and you expand, this could be very expensive.
Christopher Noyes | TrustRadius Reviewer

Workday Financial Management

Workday is a very innovative platform that offers plenty of options and resources to its users in their daily lives. I have used Workday in three of the organizations I have worked in the past for. I am also a current user of Workday through my employer. Workday is best suitable for any retail or customer-facing environments. More and more companies are using Workday to even have strong candidates apply for a job. This helps them navigate their way through a platform that they will be using in the near future.
Zahra Najib | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

OpenText Magellan
8.0
Workday Financial Management
Customizable dashboards
OpenText Magellan
9.0
Workday Financial Management
Report Formatting Templates
OpenText Magellan
7.0
Workday Financial Management

Ad-hoc Reporting

OpenText Magellan
7.7
Workday Financial Management
Drill-down analysis
OpenText Magellan
5.0
Workday Financial Management
Formatting capabilities
OpenText Magellan
9.0
Workday Financial Management
Report sharing and collaboration
OpenText Magellan
9.0
Workday Financial Management

Report Output and Scheduling

OpenText Magellan
8.0
Workday Financial Management
Publish to Web
OpenText Magellan
9.0
Workday Financial Management
Publish to PDF
OpenText Magellan
9.0
Workday Financial Management
Report Versioning
OpenText Magellan
9.0
Workday Financial Management
Report Delivery Scheduling
OpenText Magellan
5.0
Workday Financial Management

Access Control and Security

OpenText Magellan
5.0
Workday Financial Management
Role-Based Security Model
OpenText Magellan
5.0
Workday Financial Management
Multiple Access Permission Levels (Create, Read, Delete)
OpenText Magellan
5.0
Workday Financial Management
Single Sign-On (SSO)
OpenText Magellan
5.0
Workday Financial Management

Mobile Capabilities

OpenText Magellan
3.0
Workday Financial Management
Responsive Design for Web Access
OpenText Magellan
3.0
Workday Financial Management
Dashboard / Report / Visualization Interactivity on Mobile
OpenText Magellan
3.0
Workday Financial Management

Application Program Interfaces (APIs) / Embedding

OpenText Magellan
6.2
Workday Financial Management
REST API
OpenText Magellan
5.0
Workday Financial Management
Javascript API
OpenText Magellan
9.0
Workday Financial Management
Java API
OpenText Magellan
5.0
Workday Financial Management
Themeable User Interface (UI)
OpenText Magellan
7.0
Workday Financial Management
Customizable Platform (Open Source)
OpenText Magellan
5.0
Workday Financial Management

Payroll Management

OpenText Magellan
Workday Financial Management
9.3
Pay calculation
OpenText Magellan
Workday Financial Management
9.3
Benefit plan administration
OpenText Magellan
Workday Financial Management
9.3
Direct deposit files
OpenText Magellan
Workday Financial Management
9.3
Salary revision and increment management
OpenText Magellan
Workday Financial Management
9.3
Reimbursement management
OpenText Magellan
Workday Financial Management
9.3

Customization

OpenText Magellan
Workday Financial Management
8.0
API for custom integration
OpenText Magellan
Workday Financial Management
8.0
Plug-ins
OpenText Magellan
Workday Financial Management
8.0

Security

OpenText Magellan
Workday Financial Management
9.8
Single sign-on capability
OpenText Magellan
Workday Financial Management
9.8
Role-based user permissions
OpenText Magellan
Workday Financial Management
9.8

Reporting & Analytics

OpenText Magellan
Workday Financial Management
9.4
Dashboards
OpenText Magellan
Workday Financial Management
9.3
Standard reports
OpenText Magellan
Workday Financial Management
9.5
Custom reports
OpenText Magellan
Workday Financial Management
9.3

General Ledger and Configurable Accounting

OpenText Magellan
Workday Financial Management
8.9
Accounts payable
OpenText Magellan
Workday Financial Management
9.5
Accounts receivable
OpenText Magellan
Workday Financial Management
9.5
Expense management
OpenText Magellan
Workday Financial Management
8.0
Global Financial Support
OpenText Magellan
Workday Financial Management
8.5
Primary and Secondary Ledgers
OpenText Magellan
Workday Financial Management
8.0
Intercompany Accounting
OpenText Magellan
Workday Financial Management
8.0
Localizations
OpenText Magellan
Workday Financial Management
8.0
Journals and Reconciliations
OpenText Magellan
Workday Financial Management
9.5
Configurable Accounting
OpenText Magellan
Workday Financial Management
9.5
Centralized Rules Framework
OpenText Magellan
Workday Financial Management
9.5
Standardized Processes
OpenText Magellan
Workday Financial Management
9.5

Order Management

OpenText Magellan
Workday Financial Management
10.0
Credit card processing
OpenText Magellan
Workday Financial Management
10.0

Pros

OpenText Magellan

  • The report outputs can vary across different types such as HTML, PDF, and Excel
  • Their open source offering is very sufficient
  • There are great boards and blogs for developers and engineers to expand and use their features.
  • The people from the company that I've worked with are professional and courteous.
Bri Gipson | TrustRadius Reviewer

Workday Financial Management

  • We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
  • It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
  • The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.
Anonymous | TrustRadius Reviewer

Cons

OpenText Magellan

  • The documentation on all the available features, but most importantly on the scripting side, can be improved
  • The standard look & feel of some basic options, like parameter selection or sorting and filtering, looks dated and can't be customized
  • The server portal needs to provide better tools
  • More integration is needed with other OpenText products
Martin Rubens | TrustRadius Reviewer

Workday Financial Management

  • We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

OpenText Magellan

OpenText Magellan 3.9
Based on 9 answers
I am no longer working for the company that was using Actuate but I believe they would continue to use it because the stitching costs would be to high. It would require a complete rewrite of the reports and the never version of Actuate (BIRT) even required an almost complete report rewrite
Todd Bellamy | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Support Rating

OpenText Magellan

OpenText Magellan 9.1
Based on 1 answer
Always there on the front and backend for us and the client.
Jeffrey Fischer | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Alternatives Considered

OpenText Magellan

I've used JReports and Actuate is very similar but seems to have a lot more customization features for the end user of BIRT reports.
Amy Broome | TrustRadius Reviewer

Workday Financial Management

  • It is a simple and intuitive solution that can be customized for your specific needs.
  • It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
  • It offers a single version of the tool to meet the requirements of diverse companies.
  • It integrates seamlessly with a large number of business apps and systems.
Zahra Najib | TrustRadius Reviewer

Return on Investment

OpenText Magellan

  • Actuate can handle 50 to 60 sub reports inside a report very well.
  • Dynamically creating the datasource, chart, graph, reports are the main advantages. We can do any level of drilling, and can create a performance matrix dashboard efficiently.
Anonymous | TrustRadius Reviewer

Workday Financial Management

  • As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
  • With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
  • It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

OpenText Magellan

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Workday Financial Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

OpenText Magellan
7.0
Workday Financial Management
9.5

Likelihood to Renew

OpenText Magellan
3.9
Workday Financial Management

Support Rating

OpenText Magellan
9.1
Workday Financial Management

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