26 Ratings
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Score 8 out of 100
3 Ratings
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Score 8.7 out of 100

Likelihood to Recommend

Workday Financial Management

Workday is a very innovative platform that offers plenty of options and resources to its users in their daily lives. I have used Workday in three of the organizations I have worked in the past for. I am also a current user of Workday through my employer. Workday is best suitable for any retail or customer-facing environments. More and more companies are using Workday to even have strong candidates apply for a job. This helps them navigate their way through a platform that they will be using in the near future.
Zahra Najib | TrustRadius Reviewer

Workday Professional Services Automation

Workday is perfect for medium to large enterprise businesses looking to manage their human elements. It offers advanced reporting and automation for users at the admin level. It also gives users at the employee-level strong self-serve resources. Workday would be less suited to small businesses looking to manage their employee resources.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Workday Financial Management
8.9
Workday Professional Services Automation
Pay calculation
Workday Financial Management
8.9
Workday Professional Services Automation
Benefit plan administration
Workday Financial Management
8.9
Workday Professional Services Automation
Direct deposit files
Workday Financial Management
8.9
Workday Professional Services Automation
Salary revision and increment management
Workday Financial Management
8.9
Workday Professional Services Automation
Reimbursement management
Workday Financial Management
8.9
Workday Professional Services Automation

Customization

Workday Financial Management
8.0
Workday Professional Services Automation
API for custom integration
Workday Financial Management
8.0
Workday Professional Services Automation
Plug-ins
Workday Financial Management
8.0
Workday Professional Services Automation

Security

Workday Financial Management
9.6
Workday Professional Services Automation
Single sign-on capability
Workday Financial Management
9.6
Workday Professional Services Automation
Role-based user permissions
Workday Financial Management
9.6
Workday Professional Services Automation

Reporting & Analytics

Workday Financial Management
9.0
Workday Professional Services Automation
Dashboards
Workday Financial Management
8.9
Workday Professional Services Automation
Standard reports
Workday Financial Management
9.3
Workday Professional Services Automation
Custom reports
Workday Financial Management
8.9
Workday Professional Services Automation

General Ledger and Configurable Accounting

Workday Financial Management
8.7
Workday Professional Services Automation
Accounts payable
Workday Financial Management
9.3
Workday Professional Services Automation
Accounts receivable
Workday Financial Management
9.3
Workday Professional Services Automation
Expense management
Workday Financial Management
8.0
Workday Professional Services Automation
Global Financial Support
Workday Financial Management
8.3
Workday Professional Services Automation
Primary and Secondary Ledgers
Workday Financial Management
8.0
Workday Professional Services Automation
Intercompany Accounting
Workday Financial Management
8.0
Workday Professional Services Automation
Localizations
Workday Financial Management
8.0
Workday Professional Services Automation
Journals and Reconciliations
Workday Financial Management
9.3
Workday Professional Services Automation
Configurable Accounting
Workday Financial Management
9.3
Workday Professional Services Automation
Centralized Rules Framework
Workday Financial Management
9.3
Workday Professional Services Automation
Standardized Processes
Workday Financial Management
9.3
Workday Professional Services Automation

Order Management

Workday Financial Management
10.0
Workday Professional Services Automation
Credit card processing
Workday Financial Management
10.0
Workday Professional Services Automation

Pros

Workday Financial Management

  • We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
  • It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
  • The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.
Anonymous | TrustRadius Reviewer

Workday Professional Services Automation

  • Consolidated data resource. Allows Workday to be the authority for pay and benefits.
  • Advanced automation for administrators.
  • Self-serve for employees. Allows users to self manage their information.
Anonymous | TrustRadius Reviewer

Cons

Workday Financial Management

  • We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.
Anonymous | TrustRadius Reviewer

Workday Professional Services Automation

  • At times the user interface feels clunky and slow.
  • Organization of the web application feels unintuitive. Can often be hard to find what you're looking for.
  • Honestly, not much else! It's a solid platform.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Workday Financial Management

  • It is a simple and intuitive solution that can be customized for your specific needs.
  • It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
  • It offers a single version of the tool to meet the requirements of diverse companies.
  • It integrates seamlessly with a large number of business apps and systems.
Zahra Najib | TrustRadius Reviewer

Workday Professional Services Automation

No answers on this topic

Return on Investment

Workday Financial Management

  • As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
  • With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
  • It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.
Anonymous | TrustRadius Reviewer

Workday Professional Services Automation

  • While I don't use the program at a high-level I can see the time-saving effectiveness for administrators.
  • By giving a self-serve interface I feel in control of my pay/benefit management.
  • Less time spent on HR administration frees up bandwidth for helping colleagues.
Anonymous | TrustRadius Reviewer

Pricing Details

Workday Financial Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Workday Professional Services Automation

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Workday Financial Management
9.3
Workday Professional Services Automation
10.0

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