Workday Financial Management vs. ZipBooks

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
ZipBooks
Score 7.0 out of 10
Small Businesses (1-50 employees)
ZipBooks is an accounting software solution for small business owners and accountants. Users can track expenses, manage their team, send recurring invoices and manage projects.
$15
per month
Pricing
Workday Financial ManagementZipBooks
Editions & Modules
No answers on this topic
ZipBooks Starter
$0
ZipBooks Smarter
$15
ZipBooks Sophisticated
$35
ZipBooks Accountant
Custom
Offerings
Pricing Offerings
Workday Financial ManagementZipBooks
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Workday Financial ManagementZipBooks
Features
Workday Financial ManagementZipBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Workday Financial Management
8.0
22 Ratings
8% above category average
ZipBooks
-
Ratings
Pay calculation8.222 Ratings00 Ratings
Benefit plan administration8.019 Ratings00 Ratings
Direct deposit files8.019 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Workday Financial Management
8.1
19 Ratings
8% above category average
ZipBooks
9.1
2 Ratings
18% above category average
API for custom integration8.616 Ratings9.12 Ratings
Plug-ins7.618 Ratings9.11 Ratings
Security
Comparison of Security features of Product A and Product B
Workday Financial Management
9.0
24 Ratings
8% above category average
ZipBooks
9.5
5 Ratings
15% above category average
Single sign-on capability9.124 Ratings9.74 Ratings
Role-based user permissions8.822 Ratings9.34 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
ZipBooks
10.0
6 Ratings
25% above category average
Dashboards7.826 Ratings10.06 Ratings
Standard reports7.923 Ratings10.06 Ratings
Custom reports7.821 Ratings00 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
ZipBooks
8.8
6 Ratings
15% above category average
Accounts payable7.417 Ratings00 Ratings
Accounts receivable7.117 Ratings8.05 Ratings
Global Financial Support7.218 Ratings00 Ratings
Primary and Secondary Ledgers7.118 Ratings00 Ratings
Journals and Reconciliations7.415 Ratings00 Ratings
Configurable Accounting7.318 Ratings00 Ratings
Standardized Processes7.819 Ratings00 Ratings
Bank reconciliation00 Ratings8.01 Ratings
Expense management00 Ratings10.05 Ratings
Time tracking00 Ratings9.06 Ratings
Multi-currency support00 Ratings9.12 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
ZipBooks
-
Ratings
Inventory tracking7.310 Ratings00 Ratings
Automatic reordering7.210 Ratings00 Ratings
Location management6.69 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Workday Financial Management
6.6
10 Ratings
17% below category average
ZipBooks
9.2
6 Ratings
21% above category average
Credit card processing6.610 Ratings10.06 Ratings
Cost of goods sold00 Ratings8.52 Ratings
Best Alternatives
Workday Financial ManagementZipBooks
Small Businesses
Zoho One
Zoho One
Score 9.5 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.9 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
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User Ratings
Workday Financial ManagementZipBooks
Likelihood to Recommend
8.4
(26 ratings)
9.0
(6 ratings)
Likelihood to Renew
9.0
(1 ratings)
-
(0 ratings)
Usability
9.0
(9 ratings)
-
(0 ratings)
Support Rating
10.0
(5 ratings)
-
(0 ratings)
User Testimonials
Workday Financial ManagementZipBooks
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.
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ZipBooks
ZipBooks is really strong for small businesses (and non-profits like the ones I help manage). It may not yet be ready to handle medium or large businesses given the deep, niche functionality that is sometimes required in those cases.
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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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ZipBooks
  • Invoicing is particularly easy-to-use, quick, clean and beautiful. GREAT for branding.
  • The time tracker was unexpected, but very useful and integrates well with the invoicing. Leads to quick invoicing every time.
  • Customer support is phenomenal -- the support staff is friendly and helpful.
  • Although they are a new company, they are definitely on the right track!
  • I recommend this software to clients, colleagues, and friends alike, mostly for it quick and beautiful invoicing.
  • They do what they can to live up to their name! It doesn't take very long to get set up, or very long to create a complete invoice and send it to the right person.
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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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ZipBooks
  • There is some difficulty with a need to learn the use of the menus, they are not open and click, at the moment, the user needs to open the menu then using the pad keys scroll down and use enter to select from the drop-down menu. A mouse does not work.
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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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ZipBooks
No answers on this topic
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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ZipBooks
No answers on this topic
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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ZipBooks
I've primarily compared ZipBooks vs. Quickbooks because I've used Quickbooks at larger companies before. ZipBooks was the right fit for a smaller organization because it still had all the core features of Quickbooks but at a dramatically lower price that fits the budget.
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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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ZipBooks
  • ZipBooks is entirely affordable, and with my current $15/mo payments, I get ROI pretty quickly.
  • Invoices are simple and easy to make, while staying beautiful and functional at the same time. This saves me TIME, which means that I don't need to spend 15-20 minutes fiddling with the software to make it do what I want it to do. It just works. And that means, I can spend more time doing client work, and managing projects and sales.
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ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis

ZipBooks Screenshots

Screenshot of ZipBooks DashboardScreenshot of ZipBooks TransactionsScreenshot of ZipBooks InvoicingScreenshot of ZipBooks Accountant Messaging