2 Ratings
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Score 6 out of 100
56 Ratings
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Score 8.1 out of 100

Feature Set Ratings

    BI Standard Reporting

    7.6

    Spoom

    76%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 3/3 features

    Pixel Perfect reports

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Customizable dashboards

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Report Formatting Templates

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Ad-hoc Reporting

    8.4

    Spoom

    84%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 4/4 features

    Drill-down analysis

    9.1
    91%
    1 Rating
    N/A
    0 Ratings

    Formatting capabilities

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Integration with R or other statistical packages

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Report sharing and collaboration

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Report Output and Scheduling

    8.9

    Spoom

    89%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 4/4 features

    Publish to Web

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Publish to PDF

    9.1
    91%
    1 Rating
    N/A
    0 Ratings

    Report Versioning

    9.1
    91%
    1 Rating
    N/A
    0 Ratings

    Report Delivery Scheduling

    9.1
    91%
    1 Rating
    N/A
    0 Ratings

    Data Discovery and Visualization

    7.3

    Spoom

    73%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 2/2 features

    Pre-built visualization formats (heatmaps, scatter plots etc.)

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Predictive Analytics

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Access Control and Security

    7.7

    Spoom

    77%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 2/2 features

    Multi-User Support (named login)

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Multiple Access Permission Levels (Create, Read, Delete)

    8.2
    82%
    1 Rating
    N/A
    0 Ratings

    Mobile Capabilities

    8.2

    Spoom

    82%

    Workday Financial Management

    Feature Set Not Supported
    N/A
    Spoom ranks higher in 2/2 features

    Responsive Design for Web Access

    9.1
    91%
    1 Rating
    N/A
    0 Ratings

    Dashboard / Report / Visualization Interactivity on Mobile

    7.3
    73%
    1 Rating
    N/A
    0 Ratings

    Payroll Management

    Spoom

    Feature Set Not Supported
    N/A
    8.1

    Workday Financial Management

    81%
    Workday Financial Management ranks higher in 5/5 features

    Pay calculation

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Benefit plan administration

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Direct deposit files

    N/A
    0 Ratings
    8.5
    85%
    4 Ratings

    Salary revision and increment management

    N/A
    0 Ratings
    8.0
    80%
    3 Ratings

    Reimbursement management

    N/A
    0 Ratings
    8.0
    80%
    4 Ratings

    Customization

    Spoom

    Feature Set Not Supported
    N/A
    8.8

    Workday Financial Management

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

    API for custom integration

    N/A
    0 Ratings
    8.7
    87%
    4 Ratings

    Plug-ins

    N/A
    0 Ratings
    9.0
    90%
    4 Ratings

    Security

    Spoom

    Feature Set Not Supported
    N/A
    9.3

    Workday Financial Management

    93%
    Workday Financial Management ranks higher in 2/2 features

    Single sign-on capability

    N/A
    0 Ratings
    9.5
    95%
    6 Ratings

    Role-based user permissions

    N/A
    0 Ratings
    9.0
    90%
    5 Ratings

    Reporting & Analytics

    Spoom

    Feature Set Not Supported
    N/A
    8.9

    Workday Financial Management

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

    Dashboards

    N/A
    0 Ratings
    9.0
    90%
    7 Ratings

    Standard reports

    N/A
    0 Ratings
    8.8
    88%
    7 Ratings

    Custom reports

    N/A
    0 Ratings
    9.0
    90%
    7 Ratings

    General Ledger and Configurable Accounting

    Spoom

    Feature Set Not Supported
    N/A
    7.9

    Workday Financial Management

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

    Accounts payable

    N/A
    0 Ratings
    7.0
    70%
    4 Ratings

    Accounts receivable

    N/A
    0 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

    Spoom

    Feature Set Not Supported
    N/A
    9.0

    Workday Financial Management

    90%
    Workday Financial Management ranks higher in 3/3 features

    Inventory tracking

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Automatic reordering

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Location management

    N/A
    0 Ratings
    9.0
    90%
    1 Rating

    Order Management

    Spoom

    Feature Set Not Supported
    N/A
    8.5

    Workday Financial Management

    85%
    Workday Financial Management ranks higher in 1/1 features

    Credit card processing

    N/A
    0 Ratings
    8.5
    85%
    3 Ratings

    Attribute Ratings

    • Workday Financial Management is rated higher in 1 area: Likelihood to Recommend

    Likelihood to Recommend

    8.2

    Spoom

    82%
    1 Rating
    8.3

    Workday Financial Management

    83%
    7 Ratings

    Usability

    Spoom

    N/A
    0 Ratings
    7.8

    Workday Financial Management

    78%
    4 Ratings

    Support Rating

    Spoom

    N/A
    0 Ratings
    8.5

    Workday Financial Management

    85%
    4 Ratings

    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

    Pricing Details

    Spoom

    Starting Price

    $0 per installation (including licences and maintenance for 3 years)

    Editions & Modules

    Spoom editions and modules pricing
    EditionModules
    Analyza Standalone$15,0001
    Analyza Cloud$15,0002

    Footnotes

    1. per installation (including licences and maintenance for 3 years)
    2. per installation (including licences and maintenance for 3 years)

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    Required $15,000

    Additional Details

    The 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).

    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

      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

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