Sage Accounting vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage Accounting
Score 8.2 out of 10
N/A
Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.
$19
per month
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 AccountingWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Sage AccountingWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions and pricing listed are for CA products. Versions available and pricing may vary by country. * 2 months free to start, or free for 1 month to try, then $19/$43/$62 +tax/mo (tier depending). Offer valid for new customers only on monthly subscriptions of Sage Business Cloud Accounting. After the promotional period, the monthly subscription rate will renew at the then current rate. May not be combined with any other offers or discounts. To ensure continuous service the subscription plan is an automatically renewing plan. Subsequent months will automatically be billed to the same credit card each month on the anniversary date of purchase. Plans can be terminated at any time prior to the renewal data and not charged for renewal.
More Pricing Information
Community Pulse
Sage AccountingWorkday Financial Management
Considered Both Products
Sage Accounting
Chose Sage Accounting
QuickBooks Accounting
You're a small business or sole trader: seeking straightforward easy accounting features. You want a user-friendly interface: that's easy to learn and use even by the non accounting persons
Sage online accounting
Workday Financial Management

No answer on this topic

Features
Sage AccountingWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage Accounting
9.3
19 Ratings
21% above category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation10.015 Ratings8.322 Ratings
Benefit plan administration9.312 Ratings8.119 Ratings
Direct deposit files8.812 Ratings8.119 Ratings
Salary revision and increment management9.410 Ratings00 Ratings
Reimbursement management9.112 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage Accounting
8.5
23 Ratings
10% above category average
Workday Financial Management
8.1
19 Ratings
9% above category average
API for custom integration9.220 Ratings8.516 Ratings
Plug-ins7.917 Ratings7.718 Ratings
Security
Comparison of Security features of Product A and Product B
Sage Accounting
9.7
42 Ratings
17% above category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability9.931 Ratings9.024 Ratings
Role-based user permissions9.539 Ratings8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage Accounting
9.1
44 Ratings
15% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards7.840 Ratings7.926 Ratings
Standard reports9.744 Ratings8.123 Ratings
Custom reports9.735 Ratings7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage Accounting
8.7
94 Ratings
13% above category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable8.680 Ratings7.617 Ratings
Accounts receivable9.945 Ratings7.417 Ratings
Cash management8.274 Ratings00 Ratings
Bank reconciliation7.889 Ratings00 Ratings
Expense management9.934 Ratings00 Ratings
Time tracking6.711 Ratings00 Ratings
Fixed asset management8.028 Ratings00 Ratings
Multi-currency support9.918 Ratings00 Ratings
Multi-division support9.918 Ratings00 Ratings
Regulations compliance9.429 Ratings00 Ratings
Electronic tax filing6.851 Ratings00 Ratings
Self-service portal10.025 Ratings00 Ratings
Global Financial Support9.08 Ratings7.318 Ratings
Primary and Secondary Ledgers9.515 Ratings7.418 Ratings
Intercompany Accounting7.911 Ratings00 Ratings
Localizations8.29 Ratings00 Ratings
Journals and Reconciliations9.033 Ratings7.615 Ratings
Enterprise Accounting7.210 Ratings00 Ratings
Configurable Accounting9.218 Ratings7.418 Ratings
Centralized Rules Framework8.88 Ratings00 Ratings
Standardized Processes9.520 Ratings8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage Accounting
7.0
17 Ratings
7% below category average
Workday Financial Management
7.2
10 Ratings
10% below category average
Inventory tracking6.717 Ratings7.610 Ratings
Automatic reordering8.36 Ratings7.310 Ratings
Location management5.97 Ratings6.89 Ratings
Manufacturing module7.05 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage Accounting
8.1
28 Ratings
6% above category average
Workday Financial Management
7.1
10 Ratings
9% below category average
Pricing9.917 Ratings00 Ratings
Order entry7.615 Ratings00 Ratings
Credit card processing8.218 Ratings7.110 Ratings
Cost of goods sold7.420 Ratings00 Ratings
Order Orchestration7.36 Ratings00 Ratings
End-to-end order visibility7.67 Ratings00 Ratings
Order exception Resolution8.55 Ratings00 Ratings
Best Alternatives
Sage AccountingWorkday 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
All AlternativesView all alternativesView all alternatives
User Ratings
Sage AccountingWorkday Financial Management
Likelihood to Recommend
8.2
(101 ratings)
8.5
(26 ratings)
Likelihood to Renew
8.4
(11 ratings)
9.0
(1 ratings)
Usability
8.2
(68 ratings)
9.1
(9 ratings)
Availability
8.9
(7 ratings)
-
(0 ratings)
Performance
9.0
(7 ratings)
-
(0 ratings)
Support Rating
9.7
(21 ratings)
10.0
(5 ratings)
In-Person Training
9.3
(2 ratings)
-
(0 ratings)
Online Training
9.3
(4 ratings)
-
(0 ratings)
Implementation Rating
7.5
(6 ratings)
-
(0 ratings)
Configurability
8.7
(6 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
9.4
(2 ratings)
-
(0 ratings)
Ease of integration
5.1
(3 ratings)
-
(0 ratings)
Product Scalability
6.8
(7 ratings)
-
(0 ratings)
Professional Services
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
7.8
(5 ratings)
-
(0 ratings)
Vendor pre-sale
7.8
(5 ratings)
-
(0 ratings)
User Testimonials
Sage AccountingWorkday Financial Management
Likelihood to Recommend
Sage
Very stable program built on a rock-solid database system. Use of the program. It's very easy to use as it is based on each screen resembling the actual paper copy of the form. The ability to install the database files in any directory is extremely valuable, so that it can allow mobility between the client and the accountant
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
Sage
  • Bank integration - being able to extract banking transaction into Sage Accounting.
  • Allocation rules - transactions are auto-allocated once allocation rules have been set up. This is a great time-saver.
  • Flexibility - the ability to view transactions, click on them to the allocation point and rectifying if required saves having to create journals, and therefore time. General ledgers therefore stay cleaner and more user-friendly.
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
Sage
  • The packages for integrating with Sage50 desktop application files are not backwards compatible, so we must store many copies in order to support multiple versions of the Sage50 application that our customers use, in case they aren't immediately updating to the latest version at all times.
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
Sage
We're very happy with the functionality and overall experience of using Sage Accounting for our accounting needs. Currently, we are not even considering whether we would need to look around for a different option. The only things that would make us consider changing would be a significant increase in price or changes to the software which reduce it's ease of function.
Read full review
Workday
No answers on this topic
Usability
Sage
There is so much on pastel that if you do not really take the time to learn, you might never completely utilize the software effectively. Software setup is not something you can really do on your own; however, there is always an active pastel team that makes sure you get all you need set up until you are good to go.
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
Sage
Sage has been always available when I want it. If there is any maintenance work to be done by the Sage team, you are told well in advance. Maintenance is generally carried out late at night or before the day begins for most of us. It continues to be the most reliable software I use.
Read full review
Workday
No answers on this topic
Performance
Sage
Performance is top notch, if it is not, it is probably your wi-fi connection. It has happened that pages load slowly because of an error on Sage side but almost never. Overall reports load fine, the site is fast, navigation is fine. I have a client that has so many invoices, it is slow or gets stuck when you try to load a report for a whole year but it is just too many invoices, it makes sense. Just take 2 report for 6 months and combine them, its not an issue for me. I am happy with Sage Accounting's performance.
Read full review
Workday
No answers on this topic
Support Rating
Sage
Sage Accounting are easy to contact and have knowledgeable and helpful staff. Whenever I've encountered a problem I've always been able to get assistance and guidance and it feels like the person at the end of the phone/screen knows the product well.
Read full review
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
In-Person Training
Sage
Staff are always friendly, and patient, always work at a speed that suits you. You are never rushed, and In only a short time they seem to be able to help you make great strides. It has been a pleasure not a chore, learning how SAGE Accounting works and benefits me and the company.
Read full review
Workday
No answers on this topic
Online Training
Sage
I find the online training was very informative and they answered all my questions. I am also certified in Sage One and provided online training in the program which I have set up several people on and they love how it keeps them organized.
Read full review
Workday
No answers on this topic
Implementation Rating
Sage
The clients' business owner worked with Sage on implementation before I began working for them. After consultation with them it is clear the process was quickly performed and without complication. The key takeaway was that Sage is seen as a partner to the business. That said, it was always necessary to engage with an accountant such as myself to extract the best out of the software.
Read full review
Workday
No answers on this topic
Alternatives Considered
Sage
Sage was just easier for me to use and more familiar for my staff, who had some experience with enterprise versions of Sage in the past. It became a no-brainer when I made the final decision about which package to go with.
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
Contract Terms and Pricing Model
Sage
The pricing structure is fair and offers good value for money. The billing is done through their online system and you can access your bills at any time. Most contacts only require 30 days' notice, so no need to feel tied in, although I can't imagine why you would want to leave Sage.
Read full review
Workday
No answers on this topic
Scalability
Sage
You can use Sage in your company for various aspects/positions such as bookkeepers, invoicing clerks, accountant, purchasing etc. Everyone can have their own user login and permissions can be set that specific people can do specific jobs without being able to access other peoples progress or accounts of the company.
Read full review
Workday
No answers on this topic
Professional Services
Sage
Do not use
Read full review
Workday
No answers on this topic
Return on Investment
Sage
  • Being cloud-based, meaning I can work from anywhere, has had a massive ROI, as I am no longer tied to the office.
  • CoPilot has meant we can spend more hours creating work for our business than chasing for payments.
  • Statement Runs mean we do not have to spend half a day carrying out the tasks individually.
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

Sage Accounting Screenshots

Screenshot of the All-in-One DashboardScreenshot of the Accounting DashboardScreenshot of an Invoicing Quote EstimateScreenshot of the Purchases TrackerScreenshot of Stock InventoryScreenshot of a VAT Returns List

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis