QuickBooks Desktop Enterprise vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Desktop Enterprise
Score 8.2 out of 10
N/A
QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.
$1,261
per year
Workday Financial Management
Score 8.3 out of 10
N/A
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations. By using an in-memory architecture and object data model,…N/A
Pricing
QuickBooks Desktop EnterpriseWorkday Financial Management
Editions & Modules
Gold
1,261
per year
Platinum
1,522
per year
Gold with Remote Access
1,785.60
per year
Platinum with Remote Access
2,083.20
per year
Diamond
3,060.34
per year
Diamond with Remote Access
3,600.36
per year
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Desktop EnterpriseWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
QuickBooks Desktop EnterpriseWorkday Financial Management
Considered Both Products
QuickBooks Desktop Enterprise

No answer on this topic

Workday Financial Management
Chose Workday Financial Management
Workday Financial Management absolutely blows them out of the water. Hands down is the best choice. It’s the clear winner for all teams using it. It can change your employees lives and day to day software challenges to speed up and develop reports needed across departments.
Top Pros
Top Cons
Features
QuickBooks Desktop EnterpriseWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Desktop Enterprise
7.9
108 Ratings
6% above category average
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation8.7104 Ratings8.418 Ratings
Benefit plan administration7.861 Ratings8.716 Ratings
Direct deposit files8.090 Ratings8.316 Ratings
Salary revision and increment management7.782 Ratings00 Ratings
Reimbursement management7.583 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Desktop Enterprise
7.5
74 Ratings
6% above category average
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration7.857 Ratings8.314 Ratings
Plug-ins7.168 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Desktop Enterprise
8.3
156 Ratings
4% above category average
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability8.3118 Ratings8.720 Ratings
Role-based user permissions8.2154 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Desktop Enterprise
8.3
173 Ratings
9% above category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards8.4148 Ratings8.423 Ratings
Standard reports8.6171 Ratings8.820 Ratings
Custom reports8.1166 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Desktop Enterprise
8.1
177 Ratings
9% above category average
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable8.8170 Ratings9.015 Ratings
Accounts receivable8.9169 Ratings9.115 Ratings
Cash management8.4155 Ratings00 Ratings
Bank reconciliation9.0168 Ratings00 Ratings
Expense management8.3155 Ratings00 Ratings
Time tracking6.577 Ratings00 Ratings
Fixed asset management8.1115 Ratings00 Ratings
Multi-currency support7.757 Ratings00 Ratings
Multi-division support8.093 Ratings00 Ratings
Regulations compliance8.265 Ratings00 Ratings
Electronic tax filing8.187 Ratings00 Ratings
Self-service portal6.667 Ratings00 Ratings
Global Financial Support6.432 Ratings8.516 Ratings
Primary and Secondary Ledgers8.161 Ratings8.716 Ratings
Intercompany Accounting8.175 Ratings00 Ratings
Localizations8.145 Ratings00 Ratings
Journals and Reconciliations8.9126 Ratings8.813 Ratings
Enterprise Accounting8.586 Ratings00 Ratings
Configurable Accounting8.383 Ratings8.316 Ratings
Centralized Rules Framework8.150 Ratings00 Ratings
Standardized Processes8.794 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Desktop Enterprise
7.6
104 Ratings
8% above category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking8.1100 Ratings9.09 Ratings
Automatic reordering7.353 Ratings8.69 Ratings
Location management8.366 Ratings8.68 Ratings
Manufacturing module6.850 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Desktop Enterprise
8.3
129 Ratings
12% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing8.695 Ratings00 Ratings
Order entry8.6101 Ratings00 Ratings
Credit card processing7.790 Ratings9.110 Ratings
Cost of goods sold8.3114 Ratings00 Ratings
Order Orchestration8.255 Ratings00 Ratings
End-to-end order visibility8.352 Ratings00 Ratings
Order exception Resolution8.739 Ratings00 Ratings
Best Alternatives
QuickBooks Desktop EnterpriseWorkday Financial Management
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks Desktop EnterpriseWorkday Financial Management
Likelihood to Recommend
8.5
(188 ratings)
8.6
(23 ratings)
Likelihood to Renew
9.8
(17 ratings)
9.0
(1 ratings)
Usability
9.2
(11 ratings)
9.5
(5 ratings)
Availability
10.0
(4 ratings)
-
(0 ratings)
Performance
10.0
(3 ratings)
-
(0 ratings)
Support Rating
6.0
(5 ratings)
9.6
(5 ratings)
In-Person Training
7.0
(1 ratings)
-
(0 ratings)
Online Training
9.1
(3 ratings)
-
(0 ratings)
Implementation Rating
9.0
(8 ratings)
-
(0 ratings)
Configurability
10.0
(3 ratings)
-
(0 ratings)
Ease of integration
9.1
(2 ratings)
-
(0 ratings)
Product Scalability
10.0
(3 ratings)
-
(0 ratings)
Vendor post-sale
9.0
(3 ratings)
-
(0 ratings)
Vendor pre-sale
10.0
(3 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Desktop EnterpriseWorkday Financial Management
Likelihood to Recommend
Intuit
QuickBooks Desktop Enterprise is very flexible. When you have made a mistake, most mistakes are fixed easily. This is wonderful if you know what you are doing. If you don't know what you are doing QuickBooks Desktop Enterprise gives the user, the ability to do many things incorrectly. If you are not an accountant, you don't know you are doing it incorrectly. That can be a problem.
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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
Intuit
  • Detailed organization of financial information
  • Several security measures and double check systems to ensure incorrect entries aren't made. This prevents accidental errors and protects the company from fraud.
  • Ease of overall use
  • Reporting can be as detailed or as general as you prefer. Each report allows you to look at the overall picture or access specific details of each aspect of the company financials.
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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
Intuit
  • I would like to see more ways to customize reports and have that process be more user friendly.
  • I would like to see the process of creating year end giving statements be made more user friendly. Since I only do it once a year, I have to figure the process out every year.
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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
Intuit
We've been using QuickBooks Enterprise Solutions from when the business started, 11 years ago. I don't see us changing programs any time soon as it is working pretty well for us now. It would be extremely time consuming to start from scratch with a new accounting or inventory management program.
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Workday
No answers on this topic
Usability
Intuit
QuickBooks provides all staff immediate access to the data in whatever form each person wants it. The balancing on entries prevents incorrect data entry on payables/receivables. Reports are easy to customize and save for future use. The records are easy to audit.
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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
Intuit
They have always been available to meet our needs when we need it. We have had zero complaints with getting the assistance we need.
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Workday
No answers on this topic
Performance
Intuit
QB is a good and reliable system. We probably should have explore the other modules rather that jump in to the conclusion that we needed a new ERP.
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Workday
No answers on this topic
Support Rating
Intuit
Very rare do I call the Quickbooks Enterprise Solutions support staff and I get a customer service associate quickly. On average, my wait time is near an hour, and at times even longer. After spending the first three minutes discussing my problem, they then begin to poke and prod around, sometimes the questions continue. But 80% of the time, the problem is over their head and they have to escalate the issue. The only problem is this escalation arrives usually after spending forty-five minutes poking and proding around but learning nothing. In short, my experience is rarely all that well, let alone great
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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
Intuit
It is a very easy system to learn, so with the help it was even easier. QB is a good solid system, but it lacks some of the complexity other systems have. with QB you need to get additional modules to get the same functionality that other systems offer standard
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Workday
No answers on this topic
Online Training
Intuit
easy to learn system, specially with some kind of support. Just like with any other system, things get lot easier if you have guidance to lead you in your search for answers. having said that, QB is very easy to use and very easy to teach. you wont spend much time memorizing where to click.
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Workday
No answers on this topic
Implementation Rating
Intuit
If you're loading QuickBooks Enterprise Solutions onto a computer that you're going to directly log into, you should be able to do it yourself. If you are going to connect to a server through a network or remote connection, you should probably have a professional IT person set it up for you.
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Workday
No answers on this topic
Alternatives Considered
Intuit
We have selected this product as it is affordoable in terms of pricing and features too. Our clients is geeting lots of benefits by using this product. By using QuickBooks desktop client also manage the information realted to financials and also get the clear picture for the future by using the accounting information from this product.
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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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Scalability
Intuit
It has worked for our small company in every way. We have very little issues with the software and when we have had problems, Intuit has stepped up and resolved in promptly.
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Workday
No answers on this topic
Return on Investment
Intuit
  • Good value for the price. The initial setup was quick and easy.
  • When properly set up and processes are followed it's decent at managing inventory which is something we had problems with. Have to have a dedicated employee to builds.
  • Rolling up costs in multi-level BOM's is a project each time we have to review costs, it's very time consuming to manually update all assemblies.
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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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