Workday Financial Management vs. Worklair

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Workday Financial Management
Score 8.2 out of 10
N/A
Workday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
Worklair
Score 10.0 out of 10
Small Businesses (1-50 employees)
Worklair is a solution for agencies, service, and product businesses that wants to take full accountability and governance over all operations in the organization. It aims to house all necessary tools in one solution which includes essential features: - Tasks management - Time tracking and planning - Resource and budget planning - Real-time budget usage and margin goals tracking - Chat with channels, group, directs, task chats, bots, and permissions - Help desk solution to…
$10
per month per user
Pricing
Workday Financial ManagementWorklair
Editions & Modules
No answers on this topic
Enterprise
$10,000
per year per installation
Offerings
Pricing Offerings
Workday Financial ManagementWorklair
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup fee$400 one-time fee per installation
Additional Details
More Pricing Information
Community Pulse
Workday Financial ManagementWorklair
Features
Workday Financial ManagementWorklair
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Workday Financial Management
8.0
22 Ratings
8% above category average
Worklair
-
Ratings
Pay calculation8.222 Ratings00 Ratings
Benefit plan administration7.919 Ratings00 Ratings
Direct deposit files8.019 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Workday Financial Management
8.0
19 Ratings
7% above category average
Worklair
-
Ratings
API for custom integration8.616 Ratings00 Ratings
Plug-ins7.518 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Workday Financial Management
9.0
24 Ratings
8% above category average
Worklair
10.0
1 Ratings
18% above category average
Single sign-on capability9.124 Ratings00 Ratings
Role-based user permissions8.822 Ratings10.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Workday Financial Management
7.8
26 Ratings
6% above category average
Worklair
10.0
1 Ratings
31% above category average
Dashboards7.726 Ratings10.01 Ratings
Standard reports7.923 Ratings10.01 Ratings
Custom reports7.821 Ratings10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Workday Financial Management
7.6
22 Ratings
1% below category average
Worklair
10.0
1 Ratings
26% above category average
Accounts payable7.317 Ratings10.01 Ratings
Accounts receivable7.017 Ratings10.01 Ratings
Global Financial Support7.118 Ratings10.01 Ratings
Primary and Secondary Ledgers7.118 Ratings00 Ratings
Journals and Reconciliations7.415 Ratings00 Ratings
Configurable Accounting7.318 Ratings00 Ratings
Standardized Processes7.719 Ratings10.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Workday Financial Management
7.0
10 Ratings
12% below category average
Worklair
-
Ratings
Inventory tracking7.210 Ratings00 Ratings
Automatic reordering7.110 Ratings00 Ratings
Location management6.59 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Workday Financial Management
6.5
10 Ratings
18% below category average
Worklair
-
Ratings
Credit card processing6.510 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Workday Financial Management
-
Ratings
Worklair
10.0
1 Ratings
29% above category average
Billing Management00 Ratings10.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings10.01 Ratings
Period Close00 Ratings10.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Workday Financial Management
-
Ratings
Worklair
10.0
1 Ratings
35% above category average
Project Planning and Scheduling00 Ratings10.01 Ratings
Task Insight for Project Managers00 Ratings10.01 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Workday Financial Management
-
Ratings
Worklair
10.0
1 Ratings
32% above category average
Proposal Management00 Ratings10.01 Ratings
Best Alternatives
Workday Financial ManagementWorklair
Small Businesses
Zoho One
Zoho One
Score 9.5 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Workday Financial ManagementWorklair
Likelihood to Recommend
8.4
(26 ratings)
10.0
(1 ratings)
Likelihood to Renew
9.0
(1 ratings)
-
(0 ratings)
Usability
9.0
(9 ratings)
10.0
(1 ratings)
Support Rating
10.0
(5 ratings)
10.0
(1 ratings)
User Testimonials
Workday Financial ManagementWorklair
Likelihood to Recommend
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.
Read full review
Worklair
Worklair substituted for us several other tools and now we have task boards, chats, Gantt chart, etc - all in one place which is super convenient and you don't have to switch between different tabs or windows, feel less overwhelmed and stay more focused. The only thing they don't have, but I heard they're planning it, is the integration with the Calendar and emails. For now I still have to check my calendar and emails separately. If it happens that they integrate it in Worklair so literally everything will be in one place - would be awesome.
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Pros
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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Worklair
  • Project Management
  • Team Planing
  • Dashboard
  • Gannt Chart
  • Workload
  • Task Board
  • Budget Management
  • Invoicing
Read full review
Cons
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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Worklair
  • Since this product is quite new on the market, they are improving it constantly and sometimes small bugs happen. Their ream reacts very fast to the clients feedback.
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Usability
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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Worklair
As I mentioned earlier, despite of some small bugs sometimes and given the fact that the platform is relatively new on the market, their team is very responsive and passionate about their product, so they quickly react to feedback and provide improvements to the system.
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Support Rating
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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Worklair
Their team is very responsive.
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Alternatives Considered
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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Worklair
We selected Worklair because of its integrity and because you don't have to use multiple tools simultaneously (e.g. chat and project management separately in different tools).
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Return on Investment
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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Worklair
  • Worklair substituted for other multiple tools we used (like Asana, Slack, etc), so it was worth switching to it and it was beneficial for us from day 1.
Read full review
ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis

Worklair Screenshots

Screenshot of Integrated, cross-platform, full-feature chatScreenshot of Quotes & Milestone managementScreenshot of Timeline updated in real-timeScreenshot of Enterprise-grade project management systemScreenshot of Full-featured planning capabilities