TrustRadius: an HG Insights company

SAP Sales Performance Management vs. Workday Financial Management

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    SAP Sales Performance Management

    Score8.6 out of 10
    N/AFor salespeople, tools to accelerate business outcomes with sales planning, automated sales management processes, incentive compensation management, and the ability to analyze sales performance at scale.

    $744

    per year

    Workday Financial Management

    Score8.5 out of 10
    N/AWorkday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A
    Pricing
    SAP Sales Performance ManagementWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SAP Sales Performance ManagementWorkday Financial Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    SAP Sales Performance ManagementWorkday Financial Management
    Considered Both Products
    SAP
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    95%
    Would buy again
    56 Answers
    96%
    Would buy again
    23 Answers
    Delivers good value for the price
    96%
    Delivers good value for the price
    44 Answers
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    97%
    Happy with the feature set
    57 Answers
    96%
    Happy with the feature set
    23 Answers
    Lived up to sales and marketing promises
    82%
    Lived up to sales and marketing promises
    32 Answers
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    82%
    Implementation went as expected
    40 Answers
    89%
    Implementation went as expected
    17 Answers
    Features
    SAP Sales Performance ManagementWorkday Financial Management
    Analytics and Reporting
    Comparison of Analytics and Reporting features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    7.9
    43 Ratings
    4% below category average
    Workday Financial Management
    -
    Ratings
    Personalized dashboards7.539 Ratings00 Ratings
    Color-coded scorecards8.123 Ratings00 Ratings
    KPIs7.929 Ratings00 Ratings
    Key Performance Indicator setting8.526 Ratings00 Ratings
    Benchmarking with external data8.021 Ratings00 Ratings
    Revenue Forecasting7.522 Ratings00 Ratings
    Pipeline Analytics7.634 Ratings00 Ratings
    Sales ICM
    Comparison of Sales ICM features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    8.1
    52 Ratings
    6% below category average
    Workday Financial Management
    -
    Ratings
    Sales compensation plan creation8.848 Ratings00 Ratings
    Complex sales crediting8.446 Ratings00 Ratings
    Sales compensation process automation8.449 Ratings00 Ratings
    Incentive auditing/regulation compliance8.045 Ratings00 Ratings
    Sales compensation dashboards & forecasting7.344 Ratings00 Ratings
    Incentive modeling7.631 Ratings00 Ratings
    Agile incentive strategy7.935 Ratings00 Ratings
    ICM mobile visibility8.029 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    8.1
    23 Ratings
    8% above category average
    Pay calculation00 Ratings8.323 Ratings
    Benefit plan administration00 Ratings8.020 Ratings
    Direct deposit files00 Ratings8.220 Ratings
    Customization
    Comparison of Customization features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    8.2
    20 Ratings
    9% above category average
    API for custom integration00 Ratings8.417 Ratings
    Plug-ins00 Ratings7.919 Ratings
    Security
    Comparison of Security features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    9.0
    25 Ratings
    7% above category average
    Single sign-on capability00 Ratings9.225 Ratings
    Role-based user permissions00 Ratings8.823 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Dashboards00 Ratings8.227 Ratings
    Standard reports00 Ratings7.924 Ratings
    Custom reports00 Ratings8.122 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Accounts payable00 Ratings7.618 Ratings
    Accounts receivable00 Ratings6.918 Ratings
    Global Financial Support00 Ratings7.519 Ratings
    Primary and Secondary Ledgers00 Ratings7.419 Ratings
    Journals and Reconciliations00 Ratings7.716 Ratings
    Configurable Accounting00 Ratings7.719 Ratings
    Standardized Processes00 Ratings7.920 Ratings
    Inventory Management
    Comparison of Inventory Management features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Inventory tracking00 Ratings7.611 Ratings
    Automatic reordering00 Ratings7.311 Ratings
    Location management00 Ratings6.810 Ratings
    Order Management
    Comparison of Order Management features of SAP Sales Performance Management and Workday Financial Management
    Feature
    SAP Sales Performance Management
    -
    Ratings
    Workday Financial Management
    7.3
    11 Ratings
    8% below category average
    Credit card processing00 Ratings7.311 Ratings
    Best Alternatives
    SAP Sales Performance ManagementWorkday Financial Management
    Small Businesses
    No answers on this topic
    Zoho One
    Score9.1 out of 10
    Medium-sized Companies
    Xactly
    Score8.6 out of 10
    Zoho One
    Score9.1 out of 10
    Enterprises
    Xactly
    Score8.6 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    SAP Sales Performance ManagementWorkday Financial Management
    Likelihood to Recommend
    8.5
    (60 ratings)
    8.4
    (27 ratings)
    Likelihood to Renew
    6.0
    (1 ratings)
    9.0
    (1 ratings)
    Usability
    8.3
    (56 ratings)
    9.0
    (10 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (5 ratings)
    Configurability
    7.9
    (42 ratings)
    -
    (0 ratings)
    User Testimonials
    SAP Sales Performance ManagementWorkday Financial Management
    Likelihood to Recommend
    SAP
    SAP Sales Performance Management from Success Factors works great if the incentive calculation is simple. However, if it contains a lot of constraints and filters or is dynamic, it is not friendly to changes or complexity in terms of configuration and time to calculate the incentives. The advantages of using SAP Sales Performance Management are that the process is controlled, the data is in the cloud, and the roles and permissions make it more secure.
    Incentivized
    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.
    Incentivized
    Read full review
    Pros
    SAP
    • Configurable out of the box.
    • Allows for complex compensation rules (Rate tables, MDLTs, etc).
    • Has the ability to build cross-channel (non-hierarchy) relationships. For us, this is very powerful.
    • Can build a large data warehouse of commissionable data.
    • Speed to market can be as fast as minutes.
    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.
    Incentivized
    Read full review
    Cons
    SAP
    • Using names to reference payees in the compensation platform, instead of their ID
    • Allow an Advisor to see their compensation as well as how their employees compensation without requiring to proxy
    • Expose all variables within the application to the dashboard, to allow them to be used for data insights, without requiring any extra work.
    Incentivized
    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
    Incentivized
    Read full review
    Likelihood to Renew
    SAP
    I would use this product if it were needed due to very complex plans/organization
    Read full review
    Workday
    No answers on this topic
    Usability
    SAP
    My rate is 9 because there is always a way to improve a system. In this case the usability is high but there are some thing that could be improve like usability of report and the payment detail page and also clud be more and more useful is in lookuptable there are some orders or a research tab
    Incentivized
    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.
    Incentivized
    Read full review
    Support Rating
    SAP
    No answers on this topic
    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.
    Incentivized
    Read full review
    Alternatives Considered
    SAP
    Faster implementation, more user-friendly interface, and lower reliance on IT made Sales Performance Management solutions from SAP SuccessFactors an easy choice over Xactly. SAP's allowance for complex modeling helped us choose it over Varicent. The faster development and high intuitive nature of Sales Performance Management solutions from SAP SuccessFactors also made it a better platform than previous usage of Performio.
    Incentivized
    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.
    Incentivized
    Read full review
    Return on Investment
    SAP
    • The efficiencies gained by moving from reports and spreadsheet alone has earned us a positive ROI.
    • SAP Commissions speed to the market allows us to quickly and cheaply change our direction to meet market demands.
    • Our sales force's engagement has drastically improved. We are now paying monthly instead of quarterly and have earned their trust.
    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.
    Incentivized
    Read full review
    ScreenShots

    SAP Sales Performance Management Screenshots

    Screenshot of a dashboard in SAP SuccessFactors Incentive Management, used to motivate sales teams to maximize performance.Screenshot of SAP SuccessFactors Territory and Quota, a solution to improve quota management and territory planning.Screenshot of SAP SuccessFactors Agent Performance Management, used to empower agents for productive field selling.Screenshot of SAP SuccessFactors Agent Lifecycle Management, a solution to optimize sales agent lifecycle management and experiences.

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis