What users are saying about
357 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.5 out of 100
31 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 7.5 out of 100

Likelihood to Recommend

SAP ERP

In the on-premise world of things, it ruled the world. The ease with which it can be customized and the language support it provides is simply amazing. Their landscape and transport management is brilliant. It saves millions of dollars for huge enterprises. I only wish that their support model can be enhanced further.
Anonymous | TrustRadius Reviewer

Workday Financial Management

Workday is a very innovative platform that offers plenty of options and resources to its users in their daily lives. I have used Workday in three of the organizations I have worked in the past for. I am also a current user of Workday through my employer. Workday is best suitable for any retail or customer-facing environments. More and more companies are using Workday to even have strong candidates apply for a job. This helps them navigate their way through a platform that they will be using in the near future.
Zahra Najib | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

SAP ERP
8.3
Workday Financial Management
9.7
Pay calculation
SAP ERP
5.0
Workday Financial Management
9.7
Benefit plan administration
SAP ERP
9.2
Workday Financial Management
9.7
Direct deposit files
SAP ERP
9.2
Workday Financial Management
9.7
Salary revision and increment management
SAP ERP
9.2
Workday Financial Management
9.7
Reimbursement management
SAP ERP
9.0
Workday Financial Management
9.7

Customization

SAP ERP
8.0
Workday Financial Management
8.0
API for custom integration
SAP ERP
8.1
Workday Financial Management
8.0
Plug-ins
SAP ERP
7.9
Workday Financial Management
8.0

Security

SAP ERP
9.3
Workday Financial Management
9.9
Single sign-on capability
SAP ERP
9.3
Workday Financial Management
9.9
Role-based user permissions
SAP ERP
9.3
Workday Financial Management
9.9

Reporting & Analytics

SAP ERP
7.8
Workday Financial Management
9.7
Dashboards
SAP ERP
7.4
Workday Financial Management
9.7
Standard reports
SAP ERP
7.8
Workday Financial Management
9.8
Custom reports
SAP ERP
8.1
Workday Financial Management
9.7

General Ledger and Configurable Accounting

SAP ERP
8.5
Workday Financial Management
9.1
Accounts payable
SAP ERP
8.9
Workday Financial Management
9.8
Accounts receivable
SAP ERP
8.8
Workday Financial Management
9.8
Expense management
SAP ERP
Workday Financial Management
8.0
Global Financial Support
SAP ERP
Workday Financial Management
8.8
Primary and Secondary Ledgers
SAP ERP
Workday Financial Management
8.0
Intercompany Accounting
SAP ERP
Workday Financial Management
8.0
Localizations
SAP ERP
Workday Financial Management
8.0
Journals and Reconciliations
SAP ERP
Workday Financial Management
9.8
Configurable Accounting
SAP ERP
Workday Financial Management
9.8
Centralized Rules Framework
SAP ERP
Workday Financial Management
9.8
Standardized Processes
SAP ERP
Workday Financial Management
9.8

Inventory Management

SAP ERP
8.8
Workday Financial Management
Inventory tracking
SAP ERP
9.3
Workday Financial Management
Automatic reordering
SAP ERP
8.4
Workday Financial Management
Location management
SAP ERP
8.4
Workday Financial Management
Manufacturing module
SAP ERP
9.1
Workday Financial Management

Order Management

SAP ERP
8.2
Workday Financial Management
10.0
Pricing
SAP ERP
8.3
Workday Financial Management
Order entry
SAP ERP
8.7
Workday Financial Management
Credit card processing
SAP ERP
7.2
Workday Financial Management
10.0
Cost of goods sold
SAP ERP
8.5
Workday Financial Management

Pros

SAP ERP

  • 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.
Ali Kazempour | TrustRadius Reviewer

Workday Financial Management

  • We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
  • It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
  • The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.
Anonymous | TrustRadius Reviewer

Cons

SAP ERP

  • 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)
Brandon Macapelit, CISA | TrustRadius Reviewer

Workday Financial Management

  • We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

SAP ERP

SAP ERP 8.6
Based on 4 answers
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
Todd Bellamy | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Usability

SAP ERP

SAP ERP 9.4
Based on 6 answers
SAP ERP is highly efficient with handling both large and complex organizations and it has the ability to handle different departments within the company and the data security is fool proof. It also automatically enables the data to be available between different modules such as SD and MM or HCM or IM and QM so users do not have to use multiple applications to run their everyday business.
Harminder Chahal | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Support Rating

SAP ERP

SAP ERP 9.0
Based on 6 answers
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.
Anonymous | TrustRadius Reviewer

Workday Financial Management

No score
No answers yet
No answers on this topic

Alternatives Considered

SAP ERP

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.
John Mota | TrustRadius Reviewer

Workday Financial Management

  • It is a simple and intuitive solution that can be customized for your specific needs.
  • It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
  • It offers a single version of the tool to meet the requirements of diverse companies.
  • It integrates seamlessly with a large number of business apps and systems.
Zahra Najib | TrustRadius Reviewer

Return on Investment

SAP ERP

  • 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
Anonymous | TrustRadius Reviewer

Workday Financial Management

  • As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
  • With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
  • It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.
Anonymous | TrustRadius Reviewer

Pricing Details

SAP ERP

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Workday Financial Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

SAP ERP
9.1
Workday Financial Management
9.8

Likelihood to Renew

SAP ERP
8.6
Workday Financial Management

Usability

SAP ERP
9.4
Workday Financial Management

Reliability and Availability

SAP ERP
10.0
Workday Financial Management

Support Rating

SAP ERP
9.0
Workday Financial Management

Implementation Rating

SAP ERP
3.0
Workday Financial Management

Add comparison