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
Zoho Expense
Score 9.0 out of 10
N/A
Zoho Expense is online expense reporting software, tailor-made for businesses worldwide to automate expense report creation, streamline approvals and make swift reimbursements.
$5
per month per user
Pricing
Workday Financial Management
Zoho Expense
Editions & Modules
No answers on this topic
Free
$0
Standard Plan
$5
per month per user
Premium Plan
$9
per month per user
Custom
Get a Quote
per month per user
Custom
Get a Quote
per month per user
Custom
Get a Quote
per month per user
Offerings
Pricing Offerings
Workday Financial Management
Zoho Expense
Free Trial
No
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Optional
Additional Details
—
20% discount for annual pricing.
More Pricing Information
Community Pulse
Workday Financial Management
Zoho Expense
Features
Workday Financial Management
Zoho Expense
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Workday Financial Management
8.1
22 Ratings
10% above category average
Zoho Expense
-
Ratings
Pay calculation
8.322 Ratings
00 Ratings
Benefit plan administration
8.019 Ratings
00 Ratings
Direct deposit files
8.019 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Workday Financial Management
8.1
19 Ratings
9% above category average
Zoho Expense
-
Ratings
API for custom integration
8.516 Ratings
00 Ratings
Plug-ins
7.618 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Workday Financial Management
8.9
24 Ratings
7% above category average
Zoho Expense
-
Ratings
Single sign-on capability
9.124 Ratings
00 Ratings
Role-based user permissions
8.822 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Workday Financial Management
7.9
26 Ratings
8% above category average
Zoho Expense
-
Ratings
Dashboards
7.826 Ratings
00 Ratings
Standard reports
8.023 Ratings
00 Ratings
Custom reports
7.921 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Workday Financial Management
7.7
22 Ratings
1% above category average
Zoho Expense
-
Ratings
Accounts payable
7.517 Ratings
00 Ratings
Accounts receivable
7.217 Ratings
00 Ratings
Global Financial Support
7.218 Ratings
00 Ratings
Primary and Secondary Ledgers
7.218 Ratings
00 Ratings
Journals and Reconciliations
7.515 Ratings
00 Ratings
Configurable Accounting
7.318 Ratings
00 Ratings
Standardized Processes
7.919 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Workday Financial Management
7.1
10 Ratings
11% below category average
Zoho Expense
-
Ratings
Inventory tracking
7.410 Ratings
00 Ratings
Automatic reordering
7.210 Ratings
00 Ratings
Location management
6.79 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Workday Financial Management
6.8
10 Ratings
14% below category average
Zoho Expense
-
Ratings
Credit card processing
6.810 Ratings
00 Ratings
Expense Management
Comparison of Expense Management features of Product A and Product B
Workday Financial Management
-
Ratings
Zoho Expense
7.6
3 Ratings
8% below category average
Employee Expense Reporting
00 Ratings
8.13 Ratings
Corporate Card Reconciliation
00 Ratings
7.13 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
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.
easy of use for the end users as well as to manage. The option to add new categories (expenses) and have the end users use them immediately is wonderful. The ease of creating a new user as well as customer support has been great. The customer support while having issues has been quick to resolve any issues
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.
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.
Ease of use for the simple basic options. I wish the there was an option for reimbursement to be marked separately. Example for all corporate credit expense reports with $0 reimbursements still have to be marked as reimbursed in order to be removed from pending reimbursement section. For the cost the features offer benefits
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.
The only reason I give Zoho a 9 is because of the issue with the Chart of Accounts skewing every time I export/import. I believe this is due to the fact that I use sub-accounts and Zoho cannot differentiate. Still hoping. :)
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.
We selected (switched) to Zoho Expense because it had similar features at a lower price and we were able to receive a discount through our partner relationship with another software company. We have considered moving from Zoho Expense to something else recently due to continued issues with being able to accurately import credit card charges and organize them correctly be team member. Creating some confusion among users.
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.