Spoom vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Spoom
Score 6.0 out of 10
Mid-Size Companies (51-1,000 employees)
Spoom (formerly Analyza) is a business intelligence solution that is provided by Spoom Software (formerly PIT Business). The vendor provides support services in Luxembourg, Belgium, France, and other parts of Europe. Spoom allows users to: Build several indicators and dashboards Build ad-hoc analysis without IT knowledge Navigate through data via drill-down and filtering Schedule reports and send results by mail or to external…
$15,000
per installation (including licences and maintenance for 3 years)
Workday Financial Management
Score 7.7 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
SpoomWorkday Financial Management
Editions & Modules
Analyza Standalone
$15,000
per installation (including licences and maintenance for 3 years)
Analyza Cloud
$15,000
per installation (including licences and maintenance for 3 years)
No answers on this topic
Offerings
Pricing Offerings
SpoomWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup Fee$15,000 per installation (including licences and maintenance for 3 years)No setup fee
Additional DetailsThe On-Premise or SaaS solutions are the same price; we provide a dedicated machine or virtual machine for both. For 10 users, the budget is from $15,000 to $90,000 for a full Business Intelligence solution (including licenses and maintenance for 3 years). The installation and configuration cost depends on customer's data architecture, volume and number of sources. It also depends on customizations required (i.e.: exporting pixel to pixel PDF files to a SharePoint platform).
More Pricing Information
Features
SpoomWorkday Financial Management
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Spoom
7.6
1 Ratings
9% below category average
Workday Financial Management
-
Ratings
Pixel Perfect reports7.31 Ratings00 Ratings
Customizable dashboards8.21 Ratings00 Ratings
Report Formatting Templates7.31 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Spoom
8.4
1 Ratings
1% above category average
Workday Financial Management
-
Ratings
Drill-down analysis9.11 Ratings00 Ratings
Formatting capabilities8.21 Ratings00 Ratings
Integration with R or other statistical packages8.21 Ratings00 Ratings
Report sharing and collaboration8.21 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Spoom
8.9
1 Ratings
9% above category average
Workday Financial Management
-
Ratings
Publish to Web8.21 Ratings00 Ratings
Publish to PDF9.11 Ratings00 Ratings
Report Versioning9.11 Ratings00 Ratings
Report Delivery Scheduling9.11 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Spoom
7.3
1 Ratings
6% below category average
Workday Financial Management
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)7.31 Ratings00 Ratings
Predictive Analytics7.31 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Spoom
7.7
1 Ratings
13% below category average
Workday Financial Management
-
Ratings
Multi-User Support (named login)7.31 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.21 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Spoom
8.2
1 Ratings
4% above category average
Workday Financial Management
-
Ratings
Responsive Design for Web Access9.11 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.31 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
8.1
4 Ratings
11% above category average
Pay calculation00 Ratings8.04 Ratings
Benefit plan administration00 Ratings8.04 Ratings
Direct deposit files00 Ratings8.54 Ratings
Customization
Comparison of Customization features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
8.8
5 Ratings
19% above category average
API for custom integration00 Ratings8.74 Ratings
Plug-ins00 Ratings9.04 Ratings
Security
Comparison of Security features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
9.2
6 Ratings
11% above category average
Single sign-on capability00 Ratings9.56 Ratings
Role-based user permissions00 Ratings9.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
8.9
7 Ratings
24% above category average
Dashboards00 Ratings9.07 Ratings
Standard reports00 Ratings8.87 Ratings
Custom reports00 Ratings9.07 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
7.9
7 Ratings
4% above category average
Accounts payable00 Ratings7.04 Ratings
Accounts receivable00 Ratings7.04 Ratings
Global Financial Support00 Ratings8.35 Ratings
Primary and Secondary Ledgers00 Ratings8.35 Ratings
Journals and Reconciliations00 Ratings6.54 Ratings
Configurable Accounting00 Ratings9.06 Ratings
Standardized Processes00 Ratings8.56 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
9.0
1 Ratings
13% above category average
Inventory tracking00 Ratings9.01 Ratings
Automatic reordering00 Ratings9.01 Ratings
Location management00 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Spoom
-
Ratings
Workday Financial Management
8.5
3 Ratings
9% above category average
Credit card processing00 Ratings8.53 Ratings
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SpoomWorkday Financial Management
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User Ratings
SpoomWorkday Financial Management
Likelihood to Recommend
8.2
(1 ratings)
8.3
(7 ratings)
Usability
-
(0 ratings)
7.8
(4 ratings)
Support Rating
-
(0 ratings)
8.5
(4 ratings)
User Testimonials
SpoomWorkday Financial Management
Likelihood to Recommend
Spoom Software
It is well suited when you have several sources of data.
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
Spoom Software
  • Easy to use
  • Focus on analyzing and not on finding and loading data
  • "One version of the truth"
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
Spoom Software
  • I would like to have more modules. Eg. : supply chain tool.
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
Usability
Spoom Software
No answers on this topic
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
Spoom Software
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.
Read full review
Alternatives Considered
Spoom Software
Cognos is very expensive and needs heavy IT-team to implement it.
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
Spoom Software
No answers on this topic
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
ScreenShots

Spoom Screenshots

Screenshot of Dashboard in AnalyzaScreenshot of Table in AnalyzaScreenshot of Vertical chart in AnalyzaScreenshot of Customized table in AnalyzaScreenshot of Data raw export in AnalyzaScreenshot of Authentification in Analyza