QuickBooks Desktop Pro vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Desktop Pro
Score 8.3 out of 10
N/A
Quickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.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
QuickBooks Desktop ProWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Desktop ProWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
QuickBooks Desktop ProWorkday Financial Management
Considered Both Products
QuickBooks Desktop Pro
Chose QuickBooks Desktop Pro
QuickBooks Pro compares fairly well with the products mentioned above, but ultimately we mainly use QuickBooks Pro because it is easily adapted to most industries, and also because the majority of our clients use QuickBooks Pro, so it is easier for us to mainly use the same …
Workday Financial Management

No answer on this topic

Features
QuickBooks Desktop ProWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Desktop Pro
6.9
69 Ratings
9% below category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation6.664 Ratings8.322 Ratings
Benefit plan administration6.638 Ratings8.119 Ratings
Direct deposit files7.056 Ratings8.119 Ratings
Salary revision and increment management6.652 Ratings00 Ratings
Reimbursement management7.554 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Desktop Pro
6.0
43 Ratings
25% below category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration6.735 Ratings8.516 Ratings
Plug-ins5.339 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Desktop Pro
8.3
101 Ratings
1% above category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability8.382 Ratings9.024 Ratings
Role-based user permissions8.495 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Desktop Pro
8.5
117 Ratings
8% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards8.4100 Ratings7.926 Ratings
Standard reports8.9117 Ratings8.123 Ratings
Custom reports8.3114 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Desktop Pro
7.7
124 Ratings
1% above category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable9.2119 Ratings7.617 Ratings
Accounts receivable9.2121 Ratings7.417 Ratings
Cash management9.1107 Ratings00 Ratings
Bank reconciliation9.6119 Ratings00 Ratings
Expense management9.3108 Ratings00 Ratings
Time tracking7.551 Ratings00 Ratings
Fixed asset management6.169 Ratings00 Ratings
Multi-currency support7.431 Ratings00 Ratings
Multi-division support8.858 Ratings00 Ratings
Regulations compliance8.042 Ratings00 Ratings
Electronic tax filing8.455 Ratings00 Ratings
Self-service portal6.341 Ratings00 Ratings
Global Financial Support4.517 Ratings7.318 Ratings
Primary and Secondary Ledgers6.740 Ratings7.418 Ratings
Intercompany Accounting8.343 Ratings00 Ratings
Localizations4.519 Ratings00 Ratings
Journals and Reconciliations8.776 Ratings7.615 Ratings
Enterprise Accounting7.138 Ratings00 Ratings
Configurable Accounting7.647 Ratings7.418 Ratings
Centralized Rules Framework6.527 Ratings00 Ratings
Standardized Processes8.455 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Desktop Pro
6.1
59 Ratings
21% below category average
Workday Financial Management
7.2
10 Ratings
9% below category average
Inventory tracking6.356 Ratings7.610 Ratings
Automatic reordering6.335 Ratings7.410 Ratings
Location management6.332 Ratings6.89 Ratings
Manufacturing module5.518 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Desktop Pro
7.1
77 Ratings
7% below category average
Workday Financial Management
7.1
10 Ratings
9% below category average
Pricing7.755 Ratings00 Ratings
Order entry8.655 Ratings00 Ratings
Credit card processing7.651 Ratings7.110 Ratings
Cost of goods sold8.363 Ratings00 Ratings
Order Orchestration5.520 Ratings00 Ratings
End-to-end order visibility6.523 Ratings00 Ratings
Order exception Resolution5.518 Ratings00 Ratings
Best Alternatives
QuickBooks Desktop ProWorkday Financial Management
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.3 out of 10
Zoho One
Zoho One
Score 9.4 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 8.9 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
24SevenOffice
24SevenOffice
Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks Desktop ProWorkday Financial Management
Likelihood to Recommend
8.5
(135 ratings)
8.5
(26 ratings)
Likelihood to Renew
8.0
(19 ratings)
9.0
(1 ratings)
Usability
9.2
(42 ratings)
9.1
(9 ratings)
Availability
8.3
(2 ratings)
-
(0 ratings)
Support Rating
1.2
(29 ratings)
10.0
(5 ratings)
In-Person Training
10.0
(1 ratings)
-
(0 ratings)
Implementation Rating
9.0
(6 ratings)
-
(0 ratings)
Product Scalability
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Desktop ProWorkday Financial Management
Likelihood to Recommend
Intuit
For a small business, QuickBooks Desktop Pro is great! For a larger, more complex business, another system may be more beneficial. We actually run multiple businesses on QuickBooks Desktop Pro, but all are very small. The help feature is sometimes so beneficial, and sometimes it seems like you just can't get the right answer and need to find a workaround - but this is usually for more complex issues.
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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
  • It is easy to manage and adjust inventory on hand.
  • It is easy to make reports and customize them to your needs.
  • We also use it to pay our employees directly.
  • It is easy to make year-to-year comparisons to see where we can make improvements and the current financial situation.
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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.
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Cons
Intuit
  • QuickBooks Desktop Pro has been around for a few years and after an update[,] they force you to look at the changes/updates before you can use [them] after updating.
  • QuickBooks Desktop Pro does not have 2FA.
  • QuickBooks Desktop Pro should offer a way to store backups to a personal cloud without having to map a local network drive.
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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
I'd love to keep using it, and do intend to - though we've not been pleased with price increases over the past several years. In fact, we used to subscribe to the payroll service, but QuickBooks priced themselves out of reach for us, so we discontinued that. Currently, pricing would be the primary reason for NOT renewing, if we didn't.
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Workday
No answers on this topic
Usability
Intuit
The set up was quite easy. I took some online training causes, and figured our the rest pretty quickly. The only issue I had during the implementation process was it was very hard to change some of the GL Account name to reflect the needs of a non-profit organization, such as Net Assets. At the end I had to scratch what I did, and used the existing formats that the third-party bookkeeping firm shared. Everything else is simple and easy to manage and implement.
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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
I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
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Workday
No answers on this topic
Support Rating
Intuit
They are awful. Intuit doesn't spend real money on support. They appear to have typically said, first-level script readers who are sending messages to the senior people for anything even a little bit difficult. Many of them don't speak particularly good English. Considering that they recently doubled (or, if you are paying annually, tripled) their pricing, and touted as one of the benefits that it includes [..] support, it's a real ripoff. However, we have to use the product because it is ubiquitous. I look forward to the day a competitor comes up with something good enough, which has excellent support, that matches all the features QuickBooks Desktop Pro currently has [...] or at least gives us a way to have all the functionality we currently have without excessive sacrifice [...] so that we can switch. I was very satisfied with QuickBooks for many years. This latest [rise] in price, and their sheer gall at touting the benefit of the 100 to 200% increase as being [the] inclusion of support, is what turned me so far against them.
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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
Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
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Workday
No answers on this topic
Implementation Rating
Intuit
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
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Workday
No answers on this topic
Alternatives Considered
Intuit
We tried switching from QuickBooks Desktop Pro to QuickBooks Online, but there were a lot of issues and bugs so we ultimately decided to stay with Desktop Pro. Unfortunately, we are losing a lot of Online Banking capabilities on 5/31 as we have an older version of QB, but we plan to stick with Desktop Pro. In terms of invoicing, SaaSOptics beats QuickBooks in almost all aspects as it's all automated and takes seconds to create and send invoices. However, SaaSOptics is not really a full ERP program so it wouldn't serve us as a main bookkeeping software like QB.
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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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Return on Investment
Intuit
  • Training time is low compared to other accounting packages
  • It was difficult to adapt to DCAA requirements, [which] required [the] hiring of [a] special consultant for that
  • QuickBooks Desktop Pro is a standard for small companies and makes it easy to hire bookkeepers
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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

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis