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.
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Workday Financial Management
Score 8.2 out of 10
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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…
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Pricing
Oracle Cloud Infrastructure
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
OCI
Workday Financial Management
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Oracle Cloud Infrastructure
Workday Financial Management
Features
Oracle Cloud Infrastructure
Workday 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) uptime
8.1132 Ratings
00 Ratings
Dynamic scaling
7.9132 Ratings
00 Ratings
Elastic load balancing
7.7121 Ratings
00 Ratings
Pre-configured templates
5.6121 Ratings
00 Ratings
Monitoring tools
6.8132 Ratings
00 Ratings
Pre-defined machine images
6.6119 Ratings
00 Ratings
Operating system support
6.4131 Ratings
00 Ratings
Security controls
7.3133 Ratings
00 Ratings
Automation
7.095 Ratings
00 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 calculation
00 Ratings
8.222 Ratings
Benefit plan administration
00 Ratings
7.919 Ratings
Direct deposit files
00 Ratings
8.019 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 integration
00 Ratings
8.616 Ratings
Plug-ins
00 Ratings
7.518 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 capability
00 Ratings
9.124 Ratings
Role-based user permissions
00 Ratings
8.822 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
Dashboards
00 Ratings
7.726 Ratings
Standard reports
00 Ratings
7.823 Ratings
Custom reports
00 Ratings
7.821 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 payable
00 Ratings
7.217 Ratings
Accounts receivable
00 Ratings
6.917 Ratings
Global Financial Support
00 Ratings
7.118 Ratings
Primary and Secondary Ledgers
00 Ratings
7.018 Ratings
Journals and Reconciliations
00 Ratings
7.315 Ratings
Configurable Accounting
00 Ratings
7.218 Ratings
Standardized Processes
00 Ratings
7.719 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 tracking
00 Ratings
7.210 Ratings
Automatic reordering
00 Ratings
7.010 Ratings
Location management
00 Ratings
6.49 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
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.
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.
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
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.
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.
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.
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
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.
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.
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.
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!
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 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.
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.
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
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.
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
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.