Sage 300 vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage 300
Score 7.8 out of 10
N/A
Sage 300 (formerly Sage 300 ERP) is a business management solution that includes strong accounting and financials, as well as multi-currency and multi-language capabilities. Built on accounting best practices, users will be able to track, control, and plan the financial health of their business.
$1,655
Lifetime License per Seat
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
Sage 300Workday Financial Management
Editions & Modules
Sage 300 ERP Standard
$1,655
Lifetime License per Seat
Sage 300 ERP Advanced
$1,665
Lifetime License per Seat
Sage 300 ERP Premium
$1,665
Lifetime License (unlimited seats)
No answers on this topic
Offerings
Pricing Offerings
Sage 300Workday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsOur pricing is by module and by license and can range depending on what the customers requirements are. Most of our financial and operational modules are $1655.00 each, plus user license, plus an annual business care of 24%.
More Pricing Information
Community Pulse
Sage 300Workday Financial Management
Features
Sage 300Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 300
7.3
11 Ratings
3% below category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation7.511 Ratings8.322 Ratings
Benefit plan administration7.56 Ratings8.119 Ratings
Direct deposit files7.211 Ratings8.119 Ratings
Salary revision and increment management7.29 Ratings00 Ratings
Reimbursement management7.28 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 300
5.1
11 Ratings
41% below category average
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration7.29 Ratings8.516 Ratings
Plug-ins3.010 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 300
7.9
18 Ratings
4% below category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability7.814 Ratings9.024 Ratings
Role-based user permissions8.118 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 300
7.2
20 Ratings
8% below category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards7.29 Ratings7.926 Ratings
Standard reports7.220 Ratings8.123 Ratings
Custom reports7.218 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 300
5.7
21 Ratings
29% below category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable8.121 Ratings7.617 Ratings
Accounts receivable8.120 Ratings7.417 Ratings
Cash management7.213 Ratings00 Ratings
Bank reconciliation5.420 Ratings00 Ratings
Expense management7.212 Ratings00 Ratings
Time tracking1.05 Ratings00 Ratings
Fixed asset management3.06 Ratings00 Ratings
Multi-currency support1.010 Ratings00 Ratings
Multi-division support7.810 Ratings00 Ratings
Regulations compliance7.29 Ratings00 Ratings
Electronic tax filing4.07 Ratings00 Ratings
Self-service portal1.07 Ratings00 Ratings
Global Financial Support7.24 Ratings7.318 Ratings
Primary and Secondary Ledgers7.25 Ratings7.418 Ratings
Intercompany Accounting7.57 Ratings00 Ratings
Localizations1.04 Ratings00 Ratings
Journals and Reconciliations8.19 Ratings7.615 Ratings
Enterprise Accounting7.26 Ratings00 Ratings
Configurable Accounting7.27 Ratings7.418 Ratings
Centralized Rules Framework7.25 Ratings00 Ratings
Standardized Processes7.27 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 300
4.1
13 Ratings
59% below category average
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking1.012 Ratings7.610 Ratings
Automatic reordering7.27 Ratings7.310 Ratings
Location management7.211 Ratings6.89 Ratings
Manufacturing module1.07 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 300
1.0
12 Ratings
153% below category average
Workday Financial Management
7.1
10 Ratings
9% below category average
Pricing1.010 Ratings00 Ratings
Order entry1.012 Ratings00 Ratings
Credit card processing1.07 Ratings7.110 Ratings
Cost of goods sold1.011 Ratings00 Ratings
Order Orchestration1.02 Ratings00 Ratings
End-to-end order visibility1.03 Ratings00 Ratings
Order exception Resolution1.03 Ratings00 Ratings
Best Alternatives
Sage 300Workday 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
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User Ratings
Sage 300Workday Financial Management
Likelihood to Recommend
6.7
(21 ratings)
8.5
(26 ratings)
Likelihood to Renew
8.4
(2 ratings)
9.0
(1 ratings)
Usability
8.0
(5 ratings)
9.1
(9 ratings)
Support Rating
8.6
(3 ratings)
10.0
(5 ratings)
User Testimonials
Sage 300Workday Financial Management
Likelihood to Recommend
Sage
Sage 300cloud is a great option when it comes to cloud accounting/tracking software. In comparison to Sage's other products, Sage 300cloud is the only cloud/web based option with modern UI's and more intuitive interfaces. Additionally, Sage 300cloud offers an entire system of customer integrations that become available dependent on subscription level. Sage 300cloud also offers integrations between other Sage products (AP, CRM, etc) that allows for better automation and efficiency
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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
Sage
  • Overall ease of use and intuitive navigation - minimal training has been required to use the system efficiently and effectively
  • Customer Inquiry - quickly see outstanding documents and drill down on any item (open or paid) to find the information you need
  • Most reports are easy to export into a workable Excel format using the Excel - data only or csv file format.
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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
Sage
  • Little things, like changing the company name - are more difficult than we would like (We used to be MSDSSAB but legally shortened it to MSDSB).
  • A management financial reporting tool with live access - to premade reports - without paying an arm and a leg would be appreciated.
  • More training opportunities in local areas - or nearby - would be appreciated...
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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
Sage
It is a solid stable product with a large user community and large ISV community. Support and Training are easy to access and obtain and there is larger reseller channel to ensure the firm you work with is honest. It is scalable and there are multiple deployment and payment options.
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Workday
No answers on this topic
Usability
Sage
Sage 300cloud is intuitive and user friendly after some training. It does require implementation and training but once that's done, this software is easy to use and navigate. Support for Sage 300cloud is spot on and offers assistance over the simplest to [the] most complex of tasks. Finding information or learning new tasks within Sage 300cloud is relatively easy and educational.
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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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Support Rating
Sage
Turnover is high in the Sage Support department so sometimes it is difficult to get a rep who knows the issue well. Reps are good and getting assistance when they need it. Sometimes support is more interested in closing issue than actually solving problem. It can be difficult at times to have issues escalated but overall the support is good.
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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
Sage
Sage 300 cloud is much more detailed than the other. About the same in being user friendly A better layout Saves time for doing the schedules for Audits Mobile Access Sage 300cloud can manage all different industries
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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
Sage
  • It allows our company to efficiently and effectively maintain and track our job cost.
  • Its reliable performance allows us to function continually.
  • It also provides our division managers with reports that they can use to determine where we are experiencing problems.
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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