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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Workday Financial Management

    Score8.4 out of 10
    N/AWorkday Financial Management is a cloud-based financial software platform built on an in-memory architecture and an object-oriented data model. The system unifies transaction processing, multidimensional reporting, and consolidation into a single environment accessible via web and mobile interfaces. Financial Operations and Automation The platform employs Artificial Intelligence (AI) models and specialized financial agents to manage core business cycles. These…N/A

    Zoho Expense

    Score8.9 out of 10
    N/AZoho 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 ManagementZoho 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 ManagementZoho Expense
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details20% discount for annual pricing.
    More Pricing Information
    Community Pulse
    Workday Financial ManagementZoho Expense
    Considered Both Products
    Workday
    No answer on this topic
    Zoho
    No answer on this topic
    Key User Insights
    Would buy again
    96%
    Would buy again
    23 Answers
    86%
    Would buy again
    6 Answers
    Delivers good value for the price
    95%
    Delivers good value for the price
    21 Answers
    100%
    Delivers good value for the price
    6 Answers
    Happy with the feature set
    96%
    Happy with the feature set
    23 Answers
    100%
    Happy with the feature set
    7 Answers
    Lived up to sales and marketing promises
    95%
    Lived up to sales and marketing promises
    19 Answers
    100%
    Lived up to sales and marketing promises
    5 Answers
    Implementation went as expected
    89%
    Implementation went as expected
    17 Answers
    100%
    Implementation went as expected
    5 Answers
    Features
    Workday Financial ManagementZoho Expense
    Payroll Management
    Comparison of Payroll Management features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Zoho Expense
    -
    Ratings
    Pay calculation8.323 Ratings00 Ratings
    Benefit plan administration8.020 Ratings00 Ratings
    Direct deposit files8.220 Ratings00 Ratings
    Customization
    Comparison of Customization features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    Zoho Expense
    -
    Ratings
    API for custom integration8.517 Ratings00 Ratings
    Plug-ins7.819 Ratings00 Ratings
    Security
    Comparison of Security features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Zoho Expense
    -
    Ratings
    Single sign-on capability9.225 Ratings00 Ratings
    Role-based user permissions8.823 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Zoho Expense
    -
    Ratings
    Dashboards8.227 Ratings00 Ratings
    Standard reports7.924 Ratings00 Ratings
    Custom reports8.022 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Zoho Expense
    -
    Ratings
    Accounts payable7.518 Ratings00 Ratings
    Accounts receivable6.918 Ratings00 Ratings
    Global Financial Support7.519 Ratings00 Ratings
    Primary and Secondary Ledgers7.419 Ratings00 Ratings
    Journals and Reconciliations7.716 Ratings00 Ratings
    Configurable Accounting7.719 Ratings00 Ratings
    Standardized Processes7.920 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Zoho Expense
    -
    Ratings
    Inventory tracking7.611 Ratings00 Ratings
    Automatic reordering7.211 Ratings00 Ratings
    Location management6.810 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    7.3
    11 Ratings
    8% below category average
    Zoho Expense
    -
    Ratings
    Credit card processing7.311 Ratings00 Ratings
    Expense Management
    Comparison of Expense Management features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho Expense
    7.9
    3 Ratings
    5% below category average
    Employee Expense Reporting00 Ratings8.03 Ratings
    Corporate Card Reconciliation00 Ratings7.73 Ratings
    Payment Management
    Comparison of Payment Management features of Workday Financial Management and Zoho Expense
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho Expense
    7.2
    3 Ratings
    11% below category average
    Customizable Approval Policies00 Ratings8.03 Ratings
    Financial Document Management00 Ratings8.02 Ratings
    Payment Status Tracking00 Ratings8.03 Ratings
    Payment Audit Trail00 Ratings8.02 Ratings
    Duplicate Bill Detection00 Ratings7.93 Ratings
    Advanced OCR00 Ratings5.12 Ratings
    Electronic Funds Transfer00 Ratings5.23 Ratings
    Best Alternatives
    Workday Financial ManagementZoho Expense
    Small Businesses
    Zoho One
    Score9.2 out of 10
    Brex
    Score9 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    Expensify
    Score9 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Emburse Expense Enterprise (formerly Chrome River)
    Score8.3 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Workday Financial ManagementZoho Expense
    Likelihood to Recommend
    8.4
    (27 ratings)
    8.0
    (7 ratings)
    Likelihood to Renew
    9.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    9.0
    (10 ratings)
    8.0
    (3 ratings)
    Support Rating
    10.0
    (5 ratings)
    10.0
    (3 ratings)
    User Testimonials
    Workday Financial ManagementZoho Expense
    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.
    Incentivized
    Read full review
    Zoho
    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
    Incentivized
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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.
    Incentivized
    Read full review
    Zoho
    • The program will notify users if they have entered a duplicate charge.
    • Once the end-users understood that receipts were mandatory, attaching those receipts has become second-nature. The app makes it very easy to do so.
    Incentivized
    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
    Incentivized
    Read full review
    Zoho
    • Could have more default options. Instead of making my users select payment method, allow us to default it to one of the options.
    • More room for customization by department. My service department needs different categories of expenses then my sales department.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Zoho
    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
    Incentivized
    Read full review
    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.
    Incentivized
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    Zoho
    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. :)
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Zoho
    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.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Zoho
    • We have had some issues with the credit card reconciliation process which has made our monthly accounting / close process. This has been a negative
    • Positive ROI is that team members spend less time on expense reports due to the ease of reporting
    • Positive ROI is that substantial training and onboarding is not needed due to the features and simplicity.
    Incentivized
    Read full review
    ScreenShots

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis