S2K Enterprise vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
S2K Enterprise
Score 9.0 out of 10
N/A
N/AN/A
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
S2K EnterpriseWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
S2K EnterpriseWorkday 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
Features
S2K EnterpriseWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation00 Ratings8.418 Ratings
Benefit plan administration00 Ratings8.716 Ratings
Direct deposit files00 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration00 Ratings8.314 Ratings
Plug-ins00 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability00 Ratings8.720 Ratings
Role-based user permissions00 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards00 Ratings8.423 Ratings
Standard reports00 Ratings8.820 Ratings
Custom reports00 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable00 Ratings9.015 Ratings
Accounts receivable00 Ratings9.115 Ratings
Global Financial Support00 Ratings8.516 Ratings
Primary and Secondary Ledgers00 Ratings8.716 Ratings
Journals and Reconciliations00 Ratings8.813 Ratings
Configurable Accounting00 Ratings8.316 Ratings
Standardized Processes00 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking00 Ratings9.09 Ratings
Automatic reordering00 Ratings8.69 Ratings
Location management00 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
S2K Enterprise
-
Ratings
Workday Financial Management
9.1
10 Ratings
16% above category average
Credit card processing00 Ratings9.110 Ratings
Best Alternatives
S2K EnterpriseWorkday Financial Management
Small Businesses
Acumatica
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Score 8.7 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
S2K EnterpriseWorkday Financial Management
Likelihood to Recommend
8.0
(1 ratings)
8.6
(23 ratings)
Likelihood to Renew
9.0
(1 ratings)
9.0
(1 ratings)
Usability
10.0
(1 ratings)
9.5
(5 ratings)
Support Rating
9.0
(1 ratings)
9.6
(5 ratings)
Implementation Rating
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
S2K EnterpriseWorkday Financial Management
Likelihood to Recommend
VAI (Vormittag Associates, Inc.)
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
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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
VAI (Vormittag Associates, Inc.)
  • Customization for various businesses.
  • One-stop shop for managing a website, real time inventory, order processing, accounting, and shipping.
  • The platform is easy to use. Whether it is used by a customer service member, designer, or developer.
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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
VAI (Vormittag Associates, Inc.)
  • There will most likely be customizations made for a particular niche site to integrate with their system.
  • Product reviews, up sells, and cross sells are not built into the website functionality. Customization to the offerings would be needed.
  • Very little documentation or open source resources on instructions or development in regards to the website design and integration with the ERP.
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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
VAI (Vormittag Associates, Inc.)
S2K is easy to use, has room for growth, and serves the company's needs as a whole
Read full review
Workday
No answers on this topic
Usability
VAI (Vormittag Associates, Inc.)
The platform is easy to use, customize, and fit an organization's needs.
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.
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Support Rating
VAI (Vormittag Associates, Inc.)
Great support. The staff is very knowledgeable about the platform and the capabilities within the IBM framework
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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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Implementation Rating
VAI (Vormittag Associates, Inc.)
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
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Workday
No answers on this topic
Alternatives Considered
VAI (Vormittag Associates, Inc.)
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
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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
VAI (Vormittag Associates, Inc.)
  • Reduced shipping time - shipments are now heading to customers 2 days sooner than before.
  • Ability to search by attributes.
  • In stock status - real time inventory tracking tells customers if a product is available without the wait.
  • Order tracking - the ability to track every shipment associated with their order.
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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