Planview Changepoint is a platform that marries professional services automation (PSA), project portfolio management (PPM) and business analytics to provide managers broad operational visibility and control over their strategic business portfolios.
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Workday Financial Management
Score 8.3 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
Planview ChangePoint
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Planview ChangePoint
Workday Financial Management
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Planview ChangePoint
Workday Financial Management
Features
Planview ChangePoint
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
8.1
23 Ratings
10% above category average
Pay calculation
00 Ratings
8.323 Ratings
Benefit plan administration
00 Ratings
8.020 Ratings
Direct deposit files
00 Ratings
8.120 Ratings
Customization
Comparison of Customization features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
8.1
20 Ratings
9% above category average
API for custom integration
00 Ratings
8.517 Ratings
Plug-ins
00 Ratings
7.719 Ratings
Security
Comparison of Security features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
9.0
25 Ratings
7% above category average
Single sign-on capability
00 Ratings
9.125 Ratings
Role-based user permissions
00 Ratings
8.823 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
8.0
27 Ratings
8% above category average
Dashboards
00 Ratings
8.027 Ratings
Standard reports
00 Ratings
7.924 Ratings
Custom reports
00 Ratings
8.022 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
7.7
23 Ratings
0% above category average
Accounts payable
00 Ratings
7.518 Ratings
Accounts receivable
00 Ratings
6.918 Ratings
Global Financial Support
00 Ratings
7.419 Ratings
Primary and Secondary Ledgers
00 Ratings
7.319 Ratings
Journals and Reconciliations
00 Ratings
7.616 Ratings
Configurable Accounting
00 Ratings
7.519 Ratings
Standardized Processes
00 Ratings
7.820 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Planview ChangePoint
-
Ratings
Workday Financial Management
7.1
11 Ratings
11% below category average
Inventory tracking
00 Ratings
7.511 Ratings
Automatic reordering
00 Ratings
7.211 Ratings
Location management
00 Ratings
6.710 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Changepoint is basic and would, therefore, work for businesses with uncomplicated requests, pretty straightforward workflows and willingness to work with an unsightly solution. It is basic, from the UI to the search option and the way the information is captured, which can be frustrating and counter-intuitive at times. It is relatively robust (i.e. I have been using it for almost 2 years and have not seen it crash once) but it does log me out when the system has been inactive for about 30 minutes - and I am only notified about being logged out upon clicking the Submit button, meaning many a line of text have been typed more than once!
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.
Changepoint has significant reporting capabilities, though of course, the data that comes out is only as good as the data that goes in. I enjoy being able to use the standard reports to understand exactly how much a project has cost us and to compare it to how much we are charging. This allows us to more accurately set our prices. Though we have not used the report designer capability, I understand that custom reports can be designed with relative ease.
Changepoint has a versioning capability for changes made to user profiles in the system manager, which I find particularly helpful. As a non-power user, it is valuable to be able to see what changes I have made to various profiles so that I can troubleshoot a problem down the line.
Changepoint has significant functionality well beyond the features that we are currently using, and for this reason, I think it is affordable and a good deal. Particularly if your organization is interested in dedicating the time and resources into using all of the features around project planning, resource allocation, etc., the price is well worth the value.
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.
We use Changepoint to manage the IS organization. I would like to see more advancement in order to do benefits management.
I would like to see a capability where a project manager can build a very detailed work breakdown structure, but only require project resources to charge time and provide a task status at a higher level.
Sometimes the decision to renew boils down to an old adage "if it isn't broken don't fix it". Previous to moving to Changepoint, it was obvious that we needed a better project management tool. Projects we completed on time but the time zone difference between the teams and several iterations of back and forth caused a number of communication issues with projects. The difference is night and day.
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.
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.
Planview Changepoint helps us to understand our key customers enabling us to capitalize on every financial opportunity and helps us to forecast demand against the capacities required for new opportunities, and also it automates and monitors contractual terms and conditions. It gives us visibility into our employees' skills and helps to optimize resource allocation.
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.
Employee efficiency has decreased significantly within our Project MAnagement team. The main causes are lack of logical steps/not user-friendly and the slowness of the entire program.
Changepoint PSA has greatly improved being able to track budgets for all projects. Before this software, budgets were done manually by hand and cross-referenced with Accounting. Now, we can pull a report out of the system, as long as all parties entered their time and data correctly.
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.