SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
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
SAP Business One
Workday Financial Management
Editions & Modules
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
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Offerings
Pricing Offerings
SAP Business One
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
SAP Business One
Workday Financial Management
Features
SAP Business One
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
SAP Business One
9.8
11 Ratings
29% above category average
Workday Financial Management
8.1
22 Ratings
10% above category average
Pay calculation
10.010 Ratings
8.322 Ratings
Benefit plan administration
10.08 Ratings
8.119 Ratings
Direct deposit files
9.09 Ratings
8.119 Ratings
Customization
Comparison of Customization features of Product A and Product B
SAP Business One
9.5
39 Ratings
24% above category average
Workday Financial Management
8.1
19 Ratings
8% above category average
API for custom integration
9.537 Ratings
8.516 Ratings
Plug-ins
9.636 Ratings
7.718 Ratings
Security
Comparison of Security features of Product A and Product B
SAP Business One
9.4
43 Ratings
12% above category average
Workday Financial Management
8.9
24 Ratings
7% above category average
Single sign-on capability
9.335 Ratings
9.024 Ratings
Role-based user permissions
9.642 Ratings
8.822 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
SAP Business One
8.2
44 Ratings
11% above category average
Workday Financial Management
8.0
26 Ratings
9% above category average
Dashboards
7.639 Ratings
7.926 Ratings
Standard reports
8.544 Ratings
8.123 Ratings
Custom reports
8.440 Ratings
7.921 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
SAP Business One
5.7
45 Ratings
29% below category average
Workday Financial Management
7.8
22 Ratings
2% above category average
Accounts payable
9.545 Ratings
7.717 Ratings
Accounts receivable
9.844 Ratings
7.417 Ratings
Global Financial Support
7.627 Ratings
7.418 Ratings
Primary and Secondary Ledgers
8.430 Ratings
7.418 Ratings
Journals and Reconciliations
9.337 Ratings
7.715 Ratings
Configurable Accounting
9.135 Ratings
7.418 Ratings
Standardized Processes
9.340 Ratings
8.019 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
SAP Business One
9.0
44 Ratings
13% above category average
Workday Financial Management
7.3
10 Ratings
8% below category average
Inventory tracking
9.344 Ratings
7.610 Ratings
Automatic reordering
8.930 Ratings
7.410 Ratings
Location management
9.640 Ratings
6.89 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
SAP Business One
6.6
42 Ratings
17% below category average
Workday Financial Management
7.1
10 Ratings
10% below category average
Pricing
8.740 Ratings
00 Ratings
Order entry
9.442 Ratings
00 Ratings
Credit card processing
2.023 Ratings
7.110 Ratings
Cost of goods sold
8.941 Ratings
00 Ratings
Order Orchestration
9.532 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
SAP Business One
6.9
38 Ratings
8% below category average
Workday Financial Management
-
Ratings
Billing Management
9.233 Ratings
00 Ratings
Cash and Asset Management
9.529 Ratings
00 Ratings
Travel & Expense Management
6.022 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.627 Ratings
00 Ratings
Period Close
9.334 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
SAP Business One
7.0
19 Ratings
8% below category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting
7.017 Ratings
00 Ratings
Project Costing
7.016 Ratings
00 Ratings
Cost Capture
7.016 Ratings
00 Ratings
Capital Project Management
7.011 Ratings
00 Ratings
Customer Contract Compliance
7.014 Ratings
00 Ratings
Project Revenue Recognition
6.116 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
SAP Business One
7.9
16 Ratings
13% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
8.015 Ratings
00 Ratings
Task Insight for Project Managers
7.012 Ratings
00 Ratings
Project Mobile Functionality
1.011 Ratings
00 Ratings
Definable Resource Pools
5.09 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
SAP Business One
7.7
15 Ratings
5% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management
7.09 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
SAP Business One
8.3
18 Ratings
18% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
8.011 Ratings
00 Ratings
Contract Authoring
10.012 Ratings
00 Ratings
Contract Repository
8.010 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
9.014 Ratings
00 Ratings
Supplier Management
9.013 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
SAP Business One
7.9
10 Ratings
19% above category average
Workday Financial Management
-
Ratings
Risk Repository
8.38 Ratings
00 Ratings
Control Management
8.09 Ratings
00 Ratings
Control Efficiency Assessments
8.08 Ratings
00 Ratings
Issue Detection
8.09 Ratings
00 Ratings
Remediation and Certification
7.76 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
SAP Business One
7.2
24 Ratings
6% above category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization
8.416 Ratings
00 Ratings
Transportation Execution Management
7.714 Ratings
00 Ratings
Trade and Customs Management
8.514 Ratings
00 Ratings
Fulfillment Management
5.117 Ratings
00 Ratings
Warehouse Workforce Management
7.115 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
SAP Business One
6.1
20 Ratings
19% below category average
Workday Financial Management
-
Ratings
Production Process Design
2.018 Ratings
00 Ratings
Production Management
8.218 Ratings
00 Ratings
Configuration Management
2.014 Ratings
00 Ratings
Work Execution
4.016 Ratings
00 Ratings
Manufacturing Costs
5.016 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
SAP Business One
7.0
26 Ratings
2% below category average
Workday Financial Management
-
Ratings
Forecasting
7.124 Ratings
00 Ratings
Inventory Planning
7.226 Ratings
00 Ratings
Performance Monitoring
6.820 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
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.
Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
As I said before, it is a first level tool, well developed, and with very strong development support, although the learning curve, its implementation, the cost-benefit ratio, the price and the user experience is not the most suitable for small and medium-sized companies. It is a company with extensive experience, market positioning, technical support and expanded use
I would like to give 8 out of 10 rating for SAP Business One because SAP Business One is a good choice for the mostly used business management solutions for the small and medium-sized companies. SAP Business One can help in optimizing the existing business process and enables streamline business processes for the daily activities for all users across the entire organization. The importance realization of SAP Business One implementation is based on the selection of the good reputation partner and its approach for the entire implementation. SAP Business One is a user-friendly and easy to use Enterprise system that the organization can benefit its features and functionalities by utilizing it.
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.
The SAP Business One software is up and running every time you need it as it was planned. In more than 6 years that we have been using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
I rate my experience with SAP Business One's support team as excellent (10). They are easy to contact and effortless to work with on any issue or concern. I like the support SAP provides for any of their products. SAP has a great backing and I would recommend them to any of my colleagues.
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.
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
SAP provides the most robust solution, with modules available for all department managers and even options for customization according to the company's special needs. We especially used the Crystal reports options to provide reports for each module. Overall, even if it's not the least expensive option, it has the best value for money.
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.
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there. Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
Employee efficiency has definitely increased with SAP Business One. This is attributed in a lot of ways to information visibility. Our employees are able to gather the data they need, quickly, and effectively.
Identifying inconsistencies in pricing has also been accomplished through use of reporting off individual tables. Previously, we weren't able to access our data in such a way as to enable us to write custom reports in-house.
We have also benefited greatly from having a single source of all business information. We utilize SAP Business One exclusively in-house. All documentation is attached to specific orders and Business Partners, as well as serialized equipment that has been sold.
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.