Viewpoint Spectrum vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Viewpoint Spectrum
Score 7.9 out of 10
N/A
Viewpoint Spectrum is a cloud-based construction ERP suite with project management, accounting, resource management, and reporting and analytics. Key features include workflow automation and collaboration tools, document imaging and sharing, cost estimating tools, and RFI management tools.N/A
Workday Financial Management
Score 8.3 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
Viewpoint SpectrumWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Viewpoint SpectrumWorkday 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
Viewpoint SpectrumWorkday Financial Management
Top Pros
Top Cons
Features
Viewpoint SpectrumWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Viewpoint Spectrum
4.9
22 Ratings
38% below category average
Workday Financial Management
8.3
18 Ratings
14% above category average
Pay calculation7.522 Ratings8.418 Ratings
Benefit plan administration6.916 Ratings8.716 Ratings
Direct deposit files8.319 Ratings8.316 Ratings
Customization
Comparison of Customization features of Product A and Product B
Viewpoint Spectrum
6.1
9 Ratings
17% below category average
Workday Financial Management
8.3
16 Ratings
13% above category average
API for custom integration6.19 Ratings8.314 Ratings
Plug-ins00 Ratings8.215 Ratings
Security
Comparison of Security features of Product A and Product B
Viewpoint Spectrum
8.2
27 Ratings
1% above category average
Workday Financial Management
8.8
20 Ratings
8% above category average
Single sign-on capability8.422 Ratings8.720 Ratings
Role-based user permissions7.927 Ratings8.818 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Viewpoint Spectrum
5.1
30 Ratings
31% below category average
Workday Financial Management
8.5
23 Ratings
20% above category average
Dashboards6.929 Ratings8.423 Ratings
Standard reports6.430 Ratings8.820 Ratings
Custom reports6.028 Ratings8.418 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Viewpoint Spectrum
7.6
28 Ratings
0% below category average
Workday Financial Management
8.5
19 Ratings
11% above category average
Accounts payable8.327 Ratings9.015 Ratings
Accounts receivable8.125 Ratings9.115 Ratings
Global Financial Support6.08 Ratings8.516 Ratings
Primary and Secondary Ledgers7.519 Ratings8.716 Ratings
Journals and Reconciliations8.022 Ratings8.813 Ratings
Configurable Accounting7.219 Ratings8.316 Ratings
Standardized Processes7.923 Ratings8.916 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Viewpoint Spectrum
6.1
17 Ratings
25% below category average
Workday Financial Management
8.7
9 Ratings
10% above category average
Inventory tracking6.017 Ratings9.09 Ratings
Automatic reordering6.01 Ratings8.69 Ratings
Location management6.26 Ratings8.68 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Viewpoint Spectrum
8.6
15 Ratings
10% above category average
Workday Financial Management
9.1
10 Ratings
16% above category average
Pricing8.412 Ratings00 Ratings
Order entry8.313 Ratings00 Ratings
Credit card processing8.84 Ratings9.110 Ratings
Cost of goods sold8.911 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Viewpoint Spectrum
7.6
27 Ratings
3% above category average
Workday Financial Management
-
Ratings
Billing Management8.223 Ratings00 Ratings
Cash and Asset Management7.722 Ratings00 Ratings
Travel & Expense Management7.01 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.01 Ratings00 Ratings
Period Close8.123 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Viewpoint Spectrum
6.8
7 Ratings
1% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling5.01 Ratings00 Ratings
Task Insight for Project Managers7.16 Ratings00 Ratings
Project Mobile Functionality7.96 Ratings00 Ratings
Definable Resource Pools7.24 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Viewpoint Spectrum
6.9
5 Ratings
1% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared7.83 Ratings00 Ratings
Contract Authoring7.22 Ratings00 Ratings
Contract Repository7.22 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated5.74 Ratings00 Ratings
Supplier Management6.83 Ratings00 Ratings
Best Alternatives
Viewpoint SpectrumWorkday 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 7.2 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 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
Viewpoint SpectrumWorkday Financial Management
Likelihood to Recommend
8.0
(69 ratings)
8.6
(23 ratings)
Likelihood to Renew
9.0
(6 ratings)
9.0
(1 ratings)
Usability
7.7
(30 ratings)
9.5
(5 ratings)
Availability
9.0
(2 ratings)
-
(0 ratings)
Performance
8.5
(2 ratings)
-
(0 ratings)
Support Rating
5.1
(29 ratings)
9.6
(5 ratings)
In-Person Training
7.0
(1 ratings)
-
(0 ratings)
Online Training
9.1
(1 ratings)
-
(0 ratings)
Implementation Rating
6.6
(4 ratings)
-
(0 ratings)
Ease of integration
6.6
(20 ratings)
-
(0 ratings)
Product Scalability
7.5
(2 ratings)
-
(0 ratings)
User Testimonials
Viewpoint SpectrumWorkday Financial Management
Likelihood to Recommend
Trimble Viewpoint
The Installation team is amazing. They provide clear guidance at the beginning of the process regarding what is expected and what needs to be done. The implementation manager follows up monthly with you to make sure you are on track and if you need additional help. They are very helpful and responsive in resolving issues.
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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
Trimble Viewpoint
  • Job Costing - Viewpoint Spectrum handles job costing per project, per work order, per site, and gives us an up to date analysis of the project.
  • HR - helps to keep all of the training certifications and HR incidents in a consistent and manageable order for all Managers to use.
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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.
Read full review
Cons
Trimble Viewpoint
  • Support isn't readily available. You can submit a ticket and wait days before it's picked up. Even critical issues (system outages) can wait an hour or two before someone responds.
  • Large companies will feel limited. This product wasn't designed to handle large amounts of data, and performance seems to slow when there are more than 80 concurrent users.
  • The new developments are limited. HR Management is less robust than a third-party product specializing in HR Management. Viewpoint Analytics is nowhere near as robust as Power BI or Tableau.
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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
Trimble Viewpoint
The product is working for us and the cost to implement a new system does not warrant the expense.
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Workday
No answers on this topic
Usability
Trimble Viewpoint
There's a little bit of a learning curve, but once you've been working in the system for a while, it becomes second nature. I would say that out of all of the other software that I've personally used, Spectrum has been the easiest one to pick up and learn quickly
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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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Reliability and Availability
Trimble Viewpoint
I've never seen Spectrum down
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Workday
No answers on this topic
Performance
Trimble Viewpoint
For the most part the product is very reliable. Since we are hosted we sometimes have connectivity issues but I would say that is more our ISP than Spectrum.
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Workday
No answers on this topic
Support Rating
Trimble Viewpoint
The support has recently changed. Last year, you could call in and get an immediate response. Now that doesn't seem possible unless you have an urgent situation with access to the software, payroll or payables. I have found that using chat or e-mail works nicely for the most part, but sometimes I feel it would be easier if someone from support would jump on our site and take a first-hand look rather than going back and forth
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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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Online Training
Trimble Viewpoint
Our trainer was excellent and navigated the time zone differences expertly. She gave us test assignments to complete and was available for questions at any time.
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Workday
No answers on this topic
Implementation Rating
Trimble Viewpoint
My only insight would be to take time in your implementation and training process; ours was six weeks from start to finish.
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Workday
No answers on this topic
Alternatives Considered
Trimble Viewpoint
I have previously used Sage Masterbuilder, another construction industry software. This has been a number of years ago. The company I am working for already had Spectrum and have been using it for as long as it has been around when it was known as Forefront. Based on conversations I've had with the personnel that were here at the time of purchase, Spectrum clicked off all the boxes they were looking for.
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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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Scalability
Trimble Viewpoint
You can grant user specific access which is nice. Project managers do not need all the same modules as Accounting. But Accounting does need access to PM modules as well
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Workday
No answers on this topic
Return on Investment
Trimble Viewpoint
  • [In my opinion,] it takes at LEAST twice as long to do our jobs now.
  • [I feel like] we are paranoid about something not being printed correctly because of [what I believe are] buggy text fields.
  • [In my experience,] we still have to refer to a physical file cabinet with paper, even though a main point of switching was to go paperless.
  • [In our experience,] screens can now be "locked", so we can't see something if our coworker is also looking at it.
  • [I believe that] the financial hit our company took from this switch was astronomical. [In my opinion:] Beware!
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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.
Read full review
ScreenShots