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…
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Pricing
S2K Enterprise
Workday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
S2K Enterprise
Workday Financial Management
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
S2K Enterprise
Workday Financial Management
Features
S2K Enterprise
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
S2K Enterprise
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Ratings
Workday Financial Management
8.0
22 Ratings
8% above category average
Pay calculation
00 Ratings
8.222 Ratings
Benefit plan administration
00 Ratings
7.919 Ratings
Direct deposit files
00 Ratings
8.019 Ratings
Customization
Comparison of Customization features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration
00 Ratings
8.616 Ratings
Plug-ins
00 Ratings
7.518 Ratings
Security
Comparison of Security features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
9.0
24 Ratings
8% above category average
Single sign-on capability
00 Ratings
9.124 Ratings
Role-based user permissions
00 Ratings
8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
S2K Enterprise
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Ratings
Workday Financial Management
7.8
26 Ratings
6% above category average
Dashboards
00 Ratings
7.726 Ratings
Standard reports
00 Ratings
7.923 Ratings
Custom reports
00 Ratings
7.821 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
S2K Enterprise
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Ratings
Workday Financial Management
7.6
22 Ratings
1% below category average
Accounts payable
00 Ratings
7.317 Ratings
Accounts receivable
00 Ratings
7.017 Ratings
Global Financial Support
00 Ratings
7.218 Ratings
Primary and Secondary Ledgers
00 Ratings
7.118 Ratings
Journals and Reconciliations
00 Ratings
7.415 Ratings
Configurable Accounting
00 Ratings
7.318 Ratings
Standardized Processes
00 Ratings
7.819 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
7.0
10 Ratings
12% below category average
Inventory tracking
00 Ratings
7.310 Ratings
Automatic reordering
00 Ratings
7.110 Ratings
Location management
00 Ratings
6.59 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
This ERP is suited for products that do not require customizations or personalization. Ideally, if you are selling a product as is, then S2K will fit your needs. Make sure to have all of the requirements for each piece laid out. For instance, with products - know all of your attributes and functionality for product pages ahead of time. Include this in the presentation for ERP selection. Ask what functionality is out of the box, and what is a customization. Ask for quotes ahead of time. This may increase the overall cost of the ERP as well as the time it takes to launch. Example: Product reviews, cross sells, remarketing, abandoned cart integration, etc
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.
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.
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.
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.
If this is someone's first ERP implementation, I strongly suggest you ask for services to help implement. Ask for training on every aspect of the implementation. Make sure this is put into the overall ERP quote
S2K offered a system that could be used by various departments. There were modules for accounting, customer service, order entry, and web development. The ability to customize the website integration was a plus. S2K allows the option to have products in different warehouse locations. This allowed us to better manage inventory and see in real time what the stock status was
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.
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.