Oracle Cloud Infrastructure vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
OCI
Score 8.2 out of 10
N/A
Oracle Cloud Infrastructure (OCI) is Oracles's infrastructure-as-a-service (IaaS) platform which combines the utility of public cloud with the granular control, security, and predictability of on-premises infrastructure.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
Oracle Cloud InfrastructureWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OCIWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Oracle Cloud InfrastructureWorkday Financial Management
Features
Oracle Cloud InfrastructureWorkday Financial Management
Infrastructure-as-a-Service (IaaS)
Comparison of Infrastructure-as-a-Service (IaaS) features of Product A and Product B
Oracle Cloud Infrastructure
7.0
137 Ratings
16% below category average
Workday Financial Management
-
Ratings
Service-level Agreement (SLA) uptime8.1132 Ratings00 Ratings
Dynamic scaling7.9132 Ratings00 Ratings
Elastic load balancing7.7121 Ratings00 Ratings
Pre-configured templates5.6121 Ratings00 Ratings
Monitoring tools6.8132 Ratings00 Ratings
Pre-defined machine images6.6119 Ratings00 Ratings
Operating system support6.4131 Ratings00 Ratings
Security controls7.3133 Ratings00 Ratings
Automation7.095 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation00 Ratings8.222 Ratings
Benefit plan administration00 Ratings7.919 Ratings
Direct deposit files00 Ratings8.019 Ratings
Customization
Comparison of Customization features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
8.0
19 Ratings
8% above category average
API for custom integration00 Ratings8.616 Ratings
Plug-ins00 Ratings7.518 Ratings
Security
Comparison of Security features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
9.0
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
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
7.7
26 Ratings
5% above category average
Dashboards00 Ratings7.726 Ratings
Standard reports00 Ratings7.823 Ratings
Custom reports00 Ratings7.821 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
7.5
22 Ratings
2% below category average
Accounts payable00 Ratings7.217 Ratings
Accounts receivable00 Ratings6.917 Ratings
Global Financial Support00 Ratings7.118 Ratings
Primary and Secondary Ledgers00 Ratings7.018 Ratings
Journals and Reconciliations00 Ratings7.315 Ratings
Configurable Accounting00 Ratings7.218 Ratings
Standardized Processes00 Ratings7.719 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
6.9
10 Ratings
14% below category average
Inventory tracking00 Ratings7.210 Ratings
Automatic reordering00 Ratings7.010 Ratings
Location management00 Ratings6.49 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Oracle Cloud Infrastructure
-
Ratings
Workday Financial Management
6.4
10 Ratings
20% below category average
Credit card processing00 Ratings6.410 Ratings
Best Alternatives
Oracle Cloud InfrastructureWorkday Financial Management
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Score 9.3 out of 10
Medium-sized Companies
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User Ratings
Oracle Cloud InfrastructureWorkday Financial Management
Likelihood to Recommend
7.8
(149 ratings)
8.3
(26 ratings)
Likelihood to Renew
8.7
(6 ratings)
9.0
(1 ratings)
Usability
7.0
(14 ratings)
9.0
(9 ratings)
Availability
8.1
(3 ratings)
-
(0 ratings)
Performance
8.4
(27 ratings)
-
(0 ratings)
Support Rating
7.6
(19 ratings)
10.0
(5 ratings)
In-Person Training
9.0
(3 ratings)
-
(0 ratings)
Online Training
9.0
(3 ratings)
-
(0 ratings)
Implementation Rating
8.0
(3 ratings)
-
(0 ratings)
Configurability
8.0
(2 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
6.0
(10 ratings)
-
(0 ratings)
Ease of integration
8.0
(2 ratings)
-
(0 ratings)
Product Scalability
8.7
(3 ratings)
-
(0 ratings)
Professional Services
8.0
(5 ratings)
-
(0 ratings)
Vendor post-sale
8.0
(1 ratings)
-
(0 ratings)
Vendor pre-sale
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
Oracle Cloud InfrastructureWorkday Financial Management
Likelihood to Recommend
Oracle
As per our usage Oracle Cloud Infrastructure for almost 6 years hosting 500 + customers I can say its well suited application for any small scale to larger scale application as it can handle that capacity and provide more reliable cloud service only if you need any messaging service like pub/sub or sqs better to consider other services.
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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.
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Pros
Oracle
  • Oracle Cloud Infrastructure has a generous free tier, moreso than other hyperscalers, with an always-free tier that guarantees certain products are always free
  • Oracle Cloud Infrastructure allows you to size VMs with differing combinations of CPU and RAM, which is contrary to other hyperscalers that have specific pre-defined combinations only
  • Oracle Cloud Infrastructure regularly provides free certification exam offers
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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
Oracle
  • Navigating the UI takes lots of getting used to. It reminds me of older GCP (just to get used to where everything is).
  • Permission for different things always seemed to be more difficult than it really needed to be. Once you got them set up you were good but updating anything or creating new permissions for just about anything took longer than I thought it should.
  • Based on how the buttons were laid out, it was pretty easy to delete all of your DNS records, and backing them up was not as intuitive as I'd like with the UI, but it was easy to do using a script.
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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
Oracle
Reliability: Very dependable and stable OCI services have been for the business operations.Performance: The speed and efficiency of OCI in meeting their computing and storage needs.Scalability: The ease and effectiveness of scaling resources up or down to accommodate changing demands.Security: The robustness and effectiveness of OCI's security features in protecting their data and applications.
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Workday
No answers on this topic
Usability
Oracle
The services & products in Oracle Cloud Infrastructure needs more improvement to beat other Cloud service providers. The price is good & Security processes are good. We are requiring to put more effort in supporting this Oracle Cloud Infrastructure than other Cloud service providers. Probably better ways are there but is not super easy to find or not super available
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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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Reliability and Availability
Oracle
Yeah sometimes we had to face unplanned outages due to underlying infrastructure issues, so not every time,e but once in a while we face issues with availability. But the good thing is we have redundancy with DR setup and multi region so we can manage.
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Workday
No answers on this topic
Performance
Oracle
From the start, I was surprised by response times and image quality accessing windows VMs with RDP. GCP, Azure and -many offerings in AWS- don't perform this speed. Also, that's evident in the quality of Infrastructure Management Team, because I just received one warning regarding a region failure, what confirms that's a mature platform.
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Workday
No answers on this topic
Support Rating
Oracle
Overall it is amazing, there is always room for improvement. We have weekly updates that tend to slow the program used more and more. We had to change some reports within Oracle because the others wouldn’t load. This is tied to our payroll and the delays are causing many time constraint issues and panic. We have to create a new report when one breaks. Otherwise awesome!
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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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In-Person Training
Oracle
Effective training provided, much data productivity while doing training
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Workday
No answers on this topic
Online Training
Oracle
detailed and easy to understand.
Read full review
Workday
No answers on this topic
Implementation Rating
Oracle
Easier way to implement, vary much supportive way doing the implementation
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Workday
No answers on this topic
Alternatives Considered
Oracle
We used Microsoft Azure and Docker earlier and faced some difficulties like Microsoft Azure and Docker. Occasionally, the generation of large images can delay deployment. It is also necessary for me to admit that Microsoft Azure and Docker have a somewhat steep learning curve. Proper paperwork needs to be there. Docker has issues with performance on a number of platforms. On the other hand, OCI is easy to deploy and easy to understand.
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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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Contract Terms and Pricing Model
Oracle
was not part of initial purchase team. Anyways, i think unit pricing and billing frequency is good compared to other Cloud service providers, when it comes to Cloud Capital expenditure & Operational expenditure. Would be more interested in exploring more options where customers can get more cost relaxations on trying out new cloud services in Oracle Cloud Infrastructure for example a new App or a feature
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Workday
No answers on this topic
Scalability
Oracle
We have hosted around 500 + customers on this cloud so till day not faced any major issues, so we can use it for any kind of products and it can hold the load and easily scale based on need.
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Workday
No answers on this topic
Professional Services
Oracle
Services & Infra wise is ok to use & host applications & services. Security wise also good for a Cloud service provider. It is a interesting area to explore & using it for day to day needs can be further improvised in future probably. Modern day Services like AI and Machine learning could be improved
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Workday
No answers on this topic
Return on Investment
Oracle
  • Oracle Cloud helps us build and deploy apps quickly, getting our products out the door faster.
  • With real-time insights from Oracle Cloud, we can give customers personalized experiences that boost satisfaction.
  • Migrating to Oracle saves us cash on hardware and maintenance, which we can use for innovation and growth.
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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.
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ScreenShots

OCI Screenshots

Screenshot of Oracle Cloud Infrastructure Global FootprintScreenshot of 2-5x Faster Performance vs On-premises and Other Clouds (Storage Review)Screenshot of One Cloud for the Most Intensive Enterprise and Infra-heavy WorkloadsScreenshot of Gen 1 vs Gen 2 Cloud AdvantageScreenshot of Always Free Services

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis