QuickBooks Online Advanced vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online Advanced
Score 8.3 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.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 Online AdvancedWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Online AdvancedWorkday Financial Management
Free Trial
YesNo
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 Online AdvancedWorkday Financial Management
Considered Both Products
QuickBooks Online Advanced
Chose QuickBooks Online Advanced
Accounting, bank management, and expense management are long-time normed and standardized processes. So we did expect very little difference, and very little effort to swap between these software suites. We were surprised that there are much more differences. These deviations …
Workday Financial Management

No answer on this topic

Features
QuickBooks Online AdvancedWorkday Financial Management
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online Advanced
8.0
96 Ratings
4% above category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration7.779 Ratings8.516 Ratings
Plug-ins8.384 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online Advanced
8.0
170 Ratings
3% below category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability8.1149 Ratings9.024 Ratings
Role-based user permissions8.0166 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online Advanced
8.1
183 Ratings
3% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards8.7172 Ratings7.926 Ratings
Standard reports8.4182 Ratings8.123 Ratings
Custom reports7.2174 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online Advanced
8.2
187 Ratings
7% above category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable8.3181 Ratings7.617 Ratings
Accounts receivable8.5176 Ratings7.417 Ratings
Cash management8.2157 Ratings00 Ratings
Bank reconciliation8.7179 Ratings00 Ratings
Expense management8.2166 Ratings00 Ratings
Time tracking7.492 Ratings00 Ratings
Multi-currency support8.446 Ratings00 Ratings
Multi-division support7.781 Ratings00 Ratings
Regulations compliance8.185 Ratings00 Ratings
Electronic tax filing9.3103 Ratings00 Ratings
Self-service portal7.9101 Ratings00 Ratings
Primary and Secondary Ledgers8.978 Ratings7.418 Ratings
Intercompany Accounting8.078 Ratings00 Ratings
Journals and Reconciliations8.0162 Ratings7.715 Ratings
Enterprise Accounting7.969 Ratings00 Ratings
Configurable Accounting8.489 Ratings7.418 Ratings
Centralized Rules Framework8.567 Ratings00 Ratings
Standardized Processes8.1125 Ratings8.019 Ratings
Global Financial Support00 Ratings7.418 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online Advanced
7.9
74 Ratings
5% above category average
Workday Financial Management
7.3
10 Ratings
8% below category average
Inventory tracking7.974 Ratings7.610 Ratings
Automatic reordering00 Ratings7.410 Ratings
Location management00 Ratings6.89 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online Advanced
7.6
126 Ratings
0% above category average
Workday Financial Management
7.1
10 Ratings
9% below category average
Pricing7.691 Ratings00 Ratings
Order entry7.085 Ratings00 Ratings
Credit card processing8.2110 Ratings7.110 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online Advanced
-
Ratings
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation00 Ratings8.322 Ratings
Benefit plan administration00 Ratings8.119 Ratings
Direct deposit files00 Ratings8.119 Ratings
Best Alternatives
QuickBooks Online AdvancedWorkday Financial Management
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 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 Online AdvancedWorkday Financial Management
Likelihood to Recommend
8.5
(188 ratings)
8.5
(26 ratings)
Likelihood to Renew
8.4
(14 ratings)
9.0
(1 ratings)
Usability
7.1
(7 ratings)
9.1
(9 ratings)
Availability
10.0
(1 ratings)
-
(0 ratings)
Performance
9.6
(2 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(5 ratings)
Online Training
9.0
(2 ratings)
-
(0 ratings)
Implementation Rating
4.3
(5 ratings)
-
(0 ratings)
Configurability
8.0
(2 ratings)
-
(0 ratings)
Ease of integration
9.6
(2 ratings)
-
(0 ratings)
Product Scalability
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
9.6
(2 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(2 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Online AdvancedWorkday Financial Management
Likelihood to Recommend
Intuit
Smaller businesses that need affordable accounting software that many people are used to should look at Quickbooks. QuickBooks makes it easier for people to access your books from multiple locations. If cost is an issue, QuickBooks is very affordable, given you do not need to install and maintain a server.
Read full review
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.
Read full review
Pros
Intuit
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
Read full review
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
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
Read full review
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
Read full review
Likelihood to Renew
Intuit
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
Read full review
Workday
No answers on this topic
Usability
Intuit
QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
Read full review
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.
Read full review
Reliability and Availability
Intuit
No issue at any time with Availability
Read full review
Workday
No answers on this topic
Performance
Intuit
It can be access at any time and reports is generate in less than a minute
Read full review
Workday
No answers on this topic
Support Rating
Intuit
No answers on this topic
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.
Read full review
Online Training
Intuit
Training was simple
Read full review
Workday
No answers on this topic
Implementation Rating
Intuit
Need to make an option for non-profit organizations
Read full review
Workday
No answers on this topic
Alternatives Considered
Intuit
QuickBooks Online Advanced isn’t as robust as Netsuite or Sage, but it is generally a great choice for most businesses. This software will meet or exceed the needs of most companies, and should be the first part of your accounting software decision. I would even reach out to a QuickBooks Online Advanced expert to ensure you need to step up to Sage or Netsuite before doing so on your own.
Read full review
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.
Read full review
Scalability
Intuit
Software is very flexible
Read full review
Workday
No answers on this topic
Return on Investment
Intuit
  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
Read full review
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.
Read full review
ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis