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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    AccountEdge

    Score8 out of 10
    Small Businesses (1-50 employees)
    AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.

    $20

    per month

    Workday Financial Management

    Score8.3 out of 10
    N/AWorkday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A
    Pricing
    AccountEdgeWorkday Financial Management
    Editions & Modules
    AccountEdge Pro
    $20
    per month
    AccountEdge Network Edition
    $30
    per month
    AccountEdge Hosted
    $50
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    AccountEdgeWorkday Financial Management
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    AccountEdgeWorkday Financial Management
    Considered Both Products
    Priority Software
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    96%
    Would buy again
    23 Answers
    Delivers good value for the price
    No answers on this topic
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    23 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    No answers on this topic
    89%
    Implementation went as expected
    17 Answers
    Features
    AccountEdgeWorkday Financial Management
    Payroll Management
    Comparison of Payroll Management features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    6.6
    6 Ratings
    14% below category average
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Pay calculation10.06 Ratings8.323 Ratings
    Benefit plan administration8.04 Ratings8.020 Ratings
    Direct deposit files5.04 Ratings8.220 Ratings
    Salary revision and increment management6.05 Ratings00 Ratings
    Reimbursement management4.03 Ratings00 Ratings
    Security
    Comparison of Security features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    9.0
    7 Ratings
    10% above category average
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Role-based user permissions9.07 Ratings8.823 Ratings
    Single sign-on capability00 Ratings9.225 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    9.0
    7 Ratings
    14% above category average
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards9.04 Ratings8.127 Ratings
    Standard reports9.07 Ratings7.924 Ratings
    Custom reports9.06 Ratings8.022 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    7.2
    8 Ratings
    6% below category average
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable9.08 Ratings7.518 Ratings
    Accounts receivable9.08 Ratings6.918 Ratings
    Cash management8.12 Ratings00 Ratings
    Bank reconciliation6.08 Ratings00 Ratings
    Expense management6.06 Ratings00 Ratings
    Time tracking6.04 Ratings00 Ratings
    Multi-currency support9.03 Ratings00 Ratings
    Multi-division support9.02 Ratings00 Ratings
    Regulations compliance7.02 Ratings00 Ratings
    Electronic tax filing7.04 Ratings00 Ratings
    Self-service portal2.71 Ratings00 Ratings
    Global Financial Support00 Ratings7.519 Ratings
    Primary and Secondary Ledgers00 Ratings7.319 Ratings
    Journals and Reconciliations00 Ratings7.716 Ratings
    Configurable Accounting00 Ratings7.719 Ratings
    Standardized Processes00 Ratings7.920 Ratings
    Inventory Management
    Comparison of Inventory Management features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    8.0
    6 Ratings
    9% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking8.06 Ratings7.611 Ratings
    Automatic reordering8.01 Ratings7.211 Ratings
    Location management8.03 Ratings6.810 Ratings
    Manufacturing module8.02 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    8.0
    7 Ratings
    8% above category average
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Pricing8.05 Ratings00 Ratings
    Order entry9.05 Ratings00 Ratings
    Credit card processing6.05 Ratings7.211 Ratings
    Cost of goods sold9.06 Ratings00 Ratings
    Customization
    Comparison of Customization features of AccountEdge and Workday Financial Management
    Feature
    AccountEdge
    5.0
    3 Ratings
    41% below category average
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    Plug-ins5.03 Ratings7.819 Ratings
    API for custom integration00 Ratings8.517 Ratings
    Best Alternatives
    AccountEdgeWorkday Financial Management
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Intuit Enterprise Suite
    Score9.1 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Zoho One
    Score9.2 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.3 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    AccountEdgeWorkday Financial Management
    Likelihood to Recommend
    6.0
    (18 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    8.8
    (10 ratings)
    9.0
    (1 ratings)
    Usability
    9.0
    (3 ratings)
    9.0
    (10 ratings)
    Availability
    9.1
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    9.0
    (3 ratings)
    10.0
    (5 ratings)
    Implementation Rating
    7.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    AccountEdgeWorkday Financial Management
    Likelihood to Recommend
    Priority Software
    If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
    Incentivized
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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.
    Incentivized
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    Pros
    Priority Software
    • AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
    • For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
    • My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
    • Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
    Incentivized
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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.
    Incentivized
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    Cons
    Priority Software
    • My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
    • The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
    • It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
    Incentivized
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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
    Incentivized
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    Likelihood to Renew
    Priority Software
    Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
    Incentivized
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    Workday
    No answers on this topic
    Usability
    Priority Software
    The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
    Incentivized
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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.
    Incentivized
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    Reliability and Availability
    Priority Software
    One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
    Incentivized
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    Workday
    No answers on this topic
    Support Rating
    Priority Software
    On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
    Incentivized
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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.
    Incentivized
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    Implementation Rating
    Priority Software
    unfortunately no.
    Incentivized
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    Workday
    No answers on this topic
    Alternatives Considered
    Priority Software
    For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
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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.
    Incentivized
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    Return on Investment
    Priority Software
    • Increased employee efficiency - Time is no longer spent switching between programs because all of the information can be found in one place.
    • Customer service has also improved because employees find the program much easier to use, even at the point of sale.
    • Better record keeping - AccountEdge has a very simple invoicing application that allows us to keep track of and balance our accounts.
    Incentivized
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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.
    Incentivized
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    ScreenShots

    AccountEdge Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis