SIX ERP vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SIX ERP
Score 9.1 out of 10
N/A
SIX ERP is an enterprise solution used to manage a company with a single solution incl. It includes modules like CRM, HRM, Project Management, Warehousing, Sales Management, Invoicing, Accounting, and Payroll. Every SIX ERP module is fully integrated, so data is centrally…
$1,500
per year per installation
Workday Financial Management
Score 8.1 out of 10
N/A
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations. By using an in-memory architecture and object data model,…N/A
Pricing
SIX ERPWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SIX ERPWorkday 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
SIX ERPWorkday Financial Management
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
SIX ERPWorkday Financial Management
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
SIX ERP
9.1
1 Ratings
26% above category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards9.11 Ratings8.323 Ratings
Standard reports9.11 Ratings8.819 Ratings
Custom reports9.11 Ratings8.317 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
SIX ERP
9.1
1 Ratings
15% above category average
Workday Financial Management
8.7
8 Ratings
10% above category average
Inventory tracking9.11 Ratings9.08 Ratings
Automatic reordering9.11 Ratings8.68 Ratings
Location management9.11 Ratings8.57 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
SIX ERP
9.1
1 Ratings
16% above category average
Workday Financial Management
9.2
9 Ratings
17% above category average
Pricing9.11 Ratings00 Ratings
Order entry9.11 Ratings00 Ratings
Cost of goods sold9.11 Ratings00 Ratings
Order Orchestration9.11 Ratings00 Ratings
Credit card processing00 Ratings9.29 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
SIX ERP
9.1
1 Ratings
18% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting9.11 Ratings00 Ratings
Project Costing9.11 Ratings00 Ratings
Cost Capture9.11 Ratings00 Ratings
Capital Project Management9.11 Ratings00 Ratings
Customer Contract Compliance9.11 Ratings00 Ratings
Project Revenue Recognition9.11 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
SIX ERP
8.8
1 Ratings
25% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling9.11 Ratings00 Ratings
Task Insight for Project Managers9.11 Ratings00 Ratings
Project Mobile Functionality9.11 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
SIX ERP
9.1
1 Ratings
27% above category average
Workday Financial Management
-
Ratings
Contract Authoring9.11 Ratings00 Ratings
Contract Repository9.11 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
SIX ERP
-
Ratings
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation00 Ratings8.418 Ratings
Benefit plan administration00 Ratings8.615 Ratings
Direct deposit files00 Ratings8.315 Ratings
Customization
Comparison of Customization features of Product A and Product B
SIX ERP
-
Ratings
Workday Financial Management
8.2
16 Ratings
12% above category average
API for custom integration00 Ratings8.213 Ratings
Plug-ins00 Ratings8.115 Ratings
Security
Comparison of Security features of Product A and Product B
SIX ERP
-
Ratings
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability00 Ratings8.820 Ratings
Role-based user permissions00 Ratings8.818 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
SIX ERP
-
Ratings
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable00 Ratings8.914 Ratings
Accounts receivable00 Ratings9.014 Ratings
Global Financial Support00 Ratings8.315 Ratings
Primary and Secondary Ledgers00 Ratings8.715 Ratings
Journals and Reconciliations00 Ratings8.812 Ratings
Configurable Accounting00 Ratings8.215 Ratings
Standardized Processes00 Ratings9.016 Ratings
Best Alternatives
SIX ERPWorkday Financial Management
Small Businesses
Acumatica
Acumatica
Score 8.8 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.0 out of 10
Infor VISUAL
Infor VISUAL
Score 7.0 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SIX ERPWorkday Financial Management
Likelihood to Recommend
9.1
(1 ratings)
8.7
(23 ratings)
Likelihood to Renew
9.1
(1 ratings)
9.0
(1 ratings)
Usability
9.1
(1 ratings)
9.6
(5 ratings)
Support Rating
9.1
(1 ratings)
9.7
(5 ratings)
User Testimonials
SIX ERPWorkday Financial Management
Likelihood to Recommend
SIX MS
I can really encourage every start-up that is a little further to explore SIX ERP. With the pricing it might be also the best solution on the market right now for SMEs (we did extensive comparisons and SIX was by far superior to other choices, paid and open-source). But also considering the vast modules and the extensive features with warehousing, project management etc. it is great for large corporations as only those can really make use of the extensive features. I guess also bigger corporations will love how easy it is to integrate systems, which could save a lot of money. Especially in comparison to Microsoft, Oracle or SAP the integration costs what I have seen as a consultant are ridiculously high in comparison of the SIX costs. So highly reccomended for every business owner to at least have SIX on the short list and check it out. We love it!
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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.
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Pros
SIX MS
  • Very easy to use
  • Super fast
  • Affordable (great transparent pricing)
  • Super easy to expand and integrate other systems
  • Offers more modules and functionalities as many other ERPs
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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.
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Cons
SIX MS
  • We would love to see automatic integration with taxes ... but also many others don't have this
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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
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Likelihood to Renew
SIX MS
We don't just want to renew it, we are just in the process of evaluating a second license for the new platform MoreThanDigital Insights. So we will definitely stay with SIX ERP and we are looking forward to also seeing the evolution of the system plus grow ourselves with the system as it has unlimited users.
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Workday
No answers on this topic
Usability
SIX MS
It was one of the best ERP interfaces we have seen so far. Fast, easy, love the shortcuts, and also web-first, with not much resource usage. So highly reccomended to make a demo there and just see it for yourself. We also love the custom dashboards, quick shortcuts in many areas and pages and that it was fast to onboard our employees and all of our volunteers quickly. (more work, less explaining)
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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.
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Support Rating
SIX MS
The founder Dr. Andreas Maier was super helpful and tried to really help us as a start-up to get up and running fast as well as implementing our new platform with the ERP. Great work of him and his team! Especially the many updates every months are also a great plus; fascinating how much is being integrated - just like Marketing Automation
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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.
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Alternatives Considered
SIX MS
We screened over 20 different solutions from local and international ERP providers. Especially the costs to scale, the easy integration and the vast functionalities were unbeatable at the price it offers. Another big plus-point was the nice interface and that it really works fast and frictionless. Some of the other systems were really slow and tedious to handle. So our team was quite happy with how easy SIX was to use.
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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.
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Return on Investment
SIX MS
  • SIX saved a significant cost for Backend
  • We could cancel other subscriptions in order to streamline
  • Till now the ROI Break-Even was achieved already after 4 Months
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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.
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ScreenShots

SIX ERP Screenshots

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