What users are saying about
426 Ratings
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Score 8.6 out of 100
56 Ratings
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Score 8.1 out of 100

Feature Set Ratings

  • SAP ERP ranks higher in 3 feature sets: Payroll Management, General Ledger and Configurable Accounting, Order Management
  • Workday Financial Management ranks higher in 3 feature sets: Customization, Reporting & Analytics, Inventory Management
  • SAP ERP and Workday Financial Management are tied in 1 feature set: Security

Payroll Management

8.2

SAP ERP

82%
8.1

Workday Financial Management

81%
SAP ERP ranks higher in 3/5 features

Pay calculation

5.0
50%
1 Rating
8.0
80%
4 Ratings

Benefit plan administration

9.2
92%
20 Ratings
8.0
80%
4 Ratings

Direct deposit files

8.1
81%
18 Ratings
8.5
85%
4 Ratings

Salary revision and increment management

9.4
94%
19 Ratings
8.0
80%
3 Ratings

Reimbursement management

9.2
92%
22 Ratings
8.0
80%
4 Ratings

Customization

6.9

SAP ERP

69%
8.8

Workday Financial Management

88%
Workday Financial Management ranks higher in 2/2 features

API for custom integration

7.6
76%
32 Ratings
8.7
87%
4 Ratings

Plug-ins

6.1
61%
26 Ratings
9.0
90%
4 Ratings

Security

9.3

SAP ERP

93%
9.3

Workday Financial Management

93%
SAP ERP ranks higher in 1/2 features

Single sign-on capability

9.1
91%
33 Ratings
9.5
95%
6 Ratings

Role-based user permissions

9.6
96%
38 Ratings
9.0
90%
5 Ratings

Reporting & Analytics

8.8

SAP ERP

88%
8.9

Workday Financial Management

89%
Workday Financial Management ranks higher in 2/3 features

Dashboards

8.5
85%
30 Ratings
9.0
90%
7 Ratings

Standard reports

8.7
87%
38 Ratings
8.8
88%
7 Ratings

Custom reports

9.1
91%
38 Ratings
9.0
90%
7 Ratings

General Ledger and Configurable Accounting

8.6

SAP ERP

86%
7.9

Workday Financial Management

79%
Workday Financial Management ranks higher in 8/10 features

Accounts payable

9.4
94%
39 Ratings
7.0
70%
4 Ratings

Accounts receivable

9.3
93%
39 Ratings
7.0
70%
4 Ratings

Global Financial Support

N/A
0 Ratings
8.3
83%
5 Ratings

Primary and Secondary Ledgers

N/A
0 Ratings
8.3
83%
5 Ratings

Intercompany Accounting

N/A
0 Ratings
8.5
85%
5 Ratings

Localizations

N/A
0 Ratings
7.5
75%
3 Ratings

Journals and Reconciliations

N/A
0 Ratings
6.5
65%
4 Ratings

Configurable Accounting

N/A
0 Ratings
9.0
90%
6 Ratings

Centralized Rules Framework

N/A
0 Ratings
8.5
85%
6 Ratings

Standardized Processes

N/A
0 Ratings
8.5
85%
6 Ratings

Inventory Management

8.8

SAP ERP

88%
9.0

Workday Financial Management

90%
SAP ERP ranks higher in 2/4 features

Inventory tracking

8.9
89%
33 Ratings
9.0
90%
1 Rating

Automatic reordering

9.6
96%
29 Ratings
9.0
90%
1 Rating

Location management

8.1
81%
31 Ratings
9.0
90%
1 Rating

Manufacturing module

8.9
89%
28 Ratings
N/A
0 Ratings

Order Management

8.6

SAP ERP

86%
8.5

Workday Financial Management

85%
SAP ERP ranks higher in 4/4 features

Pricing

8.5
85%
33 Ratings
N/A
0 Ratings

Order entry

8.4
84%
34 Ratings
N/A
0 Ratings

Credit card processing

8.6
86%
22 Ratings
8.5
85%
3 Ratings

Cost of goods sold

9.0
90%
31 Ratings
N/A
0 Ratings

Attribute Ratings

  • SAP ERP is rated higher in 3 areas: Likelihood to Recommend, Usability, Support Rating

Likelihood to Recommend

9.0

SAP ERP

90%
46 Ratings
8.3

Workday Financial Management

83%
7 Ratings

Likelihood to Renew

8.6

SAP ERP

86%
4 Ratings

Workday Financial Management

N/A
0 Ratings

Usability

8.8

SAP ERP

88%
10 Ratings
7.8

Workday Financial Management

78%
4 Ratings

Availability

10.0

SAP ERP

100%
2 Ratings

Workday Financial Management

N/A
0 Ratings

Support Rating

9.1

SAP ERP

91%
11 Ratings
8.5

Workday Financial Management

85%
4 Ratings

Implementation Rating

3.0

SAP ERP

30%
2 Ratings

Workday Financial Management

N/A
0 Ratings

Likelihood to Recommend

SAP

The availability of the leading and non-leading ledgers meets our financial reporting requirements and helps us fulfill both the stock exchange requirements at the parent company level and country-specific requirements at the operating entity level. In addition, the Open Item Managed Account feature ensures that reporting teams optimize their efforts on subsystem-driven accounts to achieve accounting concurrency.
Read full review

Workday

Financial reporting is sometimes tricky in our field because
some oil and gas fields are depleted, and the standard methods of activating
abandoned oil wells will have high-cost variability. Therefore, in this scenario, Workday Financial Management made internal financial reporting statements pretty seamless, where initial
bid and field cost can be incorporated very easily in an asset-wise manner.
Also, cloud-based sharing was never a problem, and our lease operators never had
a problem understanding which reports belong to which asset.
Read full review

Pros

SAP

  • Organizational resource management and integration of different departments with each other as a software automation
  • We have Access to all insights and analytics data from anywhere
  • It doesn't matter how big your organization is, it supports everything from small companies to giant high-tech organizations, and they all have access to data at very high speeds.
  • If you use the web and cloud version, the initial costs will be greatly reduced and even a small start-up small company can enjoy the benefits of SAP ERP.
Read full review

Workday

  • Workday is very organized and user friendly. I haven't heard this from any of my co workers that they faced a hard time navigating around or getting technical support.
  • The platform offers variety of options for the company to offer to their employees. This includes easy access to their time off balance, hours they have worked, and accessing pay stubs any time.
  • One of the biggest thing I notice on a lot of technical platforms is that they don't notify their users of any updates they may be making on their website but workday does a great job of notifying its user way ahead of time of any updates they may be doing
Read full review

Cons

SAP

  • SAP sometimes gets slow whenever most of the people in the company simultaneously use it
  • Hopefully they would extend background job processing to all tables in SAP since it sometimes goes time out whenever extracting large historical data (ex. 5 years expense data)
Read full review

Workday

  • We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
  • The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
  • Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.
Read full review

Pricing Details

SAP ERP

Starting Price

Editions & Modules

SAP ERP editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Workday Financial Management

    Starting Price

    Editions & Modules

    Workday Financial Management editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      SAP

      The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
      Read full review

      Workday

      No answers on this topic

      Usability

      SAP

      It is worth my time as far as my concern I just loved the product and it has saved me from many problems that I used to [deal] with earlier overall it has [enhanced] my work efficiency that is why I am happy to give this rating to this product Also I loved the features and worth my working skills.
      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

      Support Rating

      SAP

      Well, I've had several scenarios where it was evident that they simply buy time. At the same time, their Product Support and Implementation teams are most likely not in sync. What's said by a member of implementation may not hold good when you refer the same thing with a member of the support team.
      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

      Alternatives Considered

      SAP

      SAP is totally integrated as are many of its greatest competitors, but the level of detail in the integration between modules puts SAP heads and shoulders above all others. Granted, the SAP implementation can be much more difficult to perform, but in the long run, the amount of effort you put in will result in excellent usability. After using Oracle's E-Business Suite for over 20 years, we did a due diligence search that lasted over 18 months before making a decision to go with SAP. This was a result of our Oracle system being made "un-upgradeable" due to a custom module that Oracle Consulting actually built for us. We were stuck in an old version of their database that would not work upon patching to the next version.
      Read full review

      Workday

      I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
      Read full review

      Return on Investment

      SAP

      • SAP has helped in transparency across different business unit and single financial view of the company that previously did not exist.
      • The cost of supporting the solution is slightly higher than the previous ERP and the consulting solutions cost more.
      • Overall SAP has brought in positive ROI and uniform business practices across the organization
      Read full review

      Workday

      • Quick and non-glitchy financial reporting.
      • As more people use it, inter-department talks are always there as HR and Project managers are talking about the same software.
      • The disturbance in service is no longer the problem as It integrates the three different sectors of financial reporting.
      Read full review

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