Rydoo vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Rydoo
Score 9.6 out of 10
Mid-Size Companies (51-1,000 employees)
Rydoo (formerly Xpenditure) is a cloud based travel management solution that also handles the expense management process from receipt to accounting. After taking a picture of a receipt, Rydoo will extract all relevant data, and make it ready to be exported to the accounting software of your choice.
$5
per month
Workday Financial Management
Score 8.0 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
RydooWorkday Financial Management
Editions & Modules
Starter
$7
per active user/per month
Growth
$9
per active user/per month
Enterprise
Contact sales team
No answers on this topic
Offerings
Pricing Offerings
RydooWorkday 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
RydooWorkday Financial Management
Top Pros
Top Cons
Features
RydooWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
8.1
4 Ratings
Pay calculation00 Ratings8.04 Ratings
Benefit plan administration00 Ratings8.04 Ratings
Direct deposit files00 Ratings8.54 Ratings
Customization
Comparison of Customization features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
8.8
5 Ratings
API for custom integration00 Ratings8.74 Ratings
Plug-ins00 Ratings9.04 Ratings
Security
Comparison of Security features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
9.2
6 Ratings
Single sign-on capability00 Ratings9.56 Ratings
Role-based user permissions00 Ratings9.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
8.9
7 Ratings
Dashboards00 Ratings9.07 Ratings
Standard reports00 Ratings8.87 Ratings
Custom reports00 Ratings9.07 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
7.9
7 Ratings
Accounts payable00 Ratings7.04 Ratings
Accounts receivable00 Ratings7.04 Ratings
Global Financial Support00 Ratings8.35 Ratings
Primary and Secondary Ledgers00 Ratings8.35 Ratings
Journals and Reconciliations00 Ratings6.54 Ratings
Configurable Accounting00 Ratings9.06 Ratings
Standardized Processes00 Ratings8.56 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
9.0
1 Ratings
Inventory tracking00 Ratings9.01 Ratings
Automatic reordering00 Ratings9.01 Ratings
Location management00 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Rydoo
-
Ratings
Workday Financial Management
8.5
3 Ratings
Credit card processing00 Ratings8.53 Ratings
User Ratings
RydooWorkday Financial Management
Likelihood to Recommend
9.0
(9 ratings)
8.3
(7 ratings)
Usability
-
(0 ratings)
7.8
(4 ratings)
Support Rating
7.0
(2 ratings)
8.5
(4 ratings)
User Testimonials
RydooWorkday Financial Management
Likelihood to Recommend
Rydoo (formerly Cardwise)
I would recommend it for someone who wanted to track reimbursed expenses or credit card expenses, but there is not enough in Rydoo to work with these two distinct categories of items separately. It is not a good fit for someone looking to have their expenses seamlessly reimbursed (like Expensify). I do recommend it if you need to work with multiple currencies, because it makes that easy.
Read full review
Workday
Financial reporting is sometimes tricky in our field because
some oil and gas fields are depleted, and the standard methods of activating
abandoned oil wells will have high-cost variability. Therefore, in this scenario, Workday Financial Management made internal financial reporting statements pretty seamless, where initial
bid and field cost can be incorporated very easily in an asset-wise manner.
Also, cloud-based sharing was never a problem, and our lease operators never had
a problem understanding which reports belong to which asset.
Read full review
Pros
Rydoo (formerly Cardwise)
  • Saves recent accounts so you do not have to search for them each time you are adding receipts
  • Matches transactions quickly
  • Reads receipt details accurately
Read full review
Workday
  • Workday is very organized and user friendly. I haven't heard this from any of my co workers that they faced a hard time navigating around or getting technical support.
  • The platform offers variety of options for the company to offer to their employees. This includes easy access to their time off balance, hours they have worked, and accessing pay stubs any time.
  • One of the biggest thing I notice on a lot of technical platforms is that they don't notify their users of any updates they may be making on their website but workday does a great job of notifying its user way ahead of time of any updates they may be doing
Read full review
Cons
Rydoo (formerly Cardwise)
  • Support responsiveness.
  • Features to detail what has actually been reimbursed vs. what has been reported.
  • More flexibility in setting approval flows.
Read full review
Workday
  • We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
  • The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
  • Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.
Read full review
Usability
Rydoo (formerly Cardwise)
No answers on this topic
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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Support Rating
Rydoo (formerly Cardwise)
When Rydoo is responsive, support is just fine, but there have been times when our requests for support have gone unanswered for more than a day when their queue has indicated response times much shorter than that.
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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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Alternatives Considered
Rydoo (formerly Cardwise)
Expensify was easy to use too but I feel like Rydoo does a better job of capturing receipt info with less work on the users end. Also with Rydoo you don't have to create a report, you can just submit expenses as you go. With Expensify you had to create a report first which added extra unnecessary work with no benefits.
Read full review
Workday
I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
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Return on Investment
Rydoo (formerly Cardwise)
  • Rydoo saves time, which saves money. I'm able to make and check expenses quickly.
  • Rydoo was easy to learn and integrate. It didn't require lengthly training so it smoothed the onboarding process for new hires.
  • Rydoo centralizes internal communication about specific expenses, since you can leave comments.
Read full review
Workday
  • Quick and non-glitchy financial reporting.
  • As more people use it, inter-department talks are always there as HR and Project managers are talking about the same software.
  • The disturbance in service is no longer the problem as It integrates the three different sectors of financial reporting.
Read full review