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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 One

    Score9.2 out of 10
    N/AZoho One is a suite product from Zoho Corporation, that combines their sales and marketing application, and also gives organizations a comprehensive set of tools to organize finances, track payables, and manage bills and expenses.

    $45

    per month per employee

    Pricing
    Workday Financial ManagementZoho One
    Editions & Modules
    No answers on this topic
    All Employee Pricing
    $444
    per year per employee (Must purchase license for ALL employees)
    Flexible User Pricing
    $1080
    per year Licenses for any no. of users
    Offerings
    Pricing Offerings
    Workday Financial ManagementZoho One
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsMonth-to-month plans available.
    More Pricing Information
    Community Pulse
    Workday Financial ManagementZoho One
    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
    92%
    Would buy again
    11 Answers
    Delivers good value for the price
    95%
    Delivers good value for the price
    21 Answers
    92%
    Delivers good value for the price
    11 Answers
    Happy with the feature set
    96%
    Happy with the feature set
    23 Answers
    92%
    Happy with the feature set
    11 Answers
    Lived up to sales and marketing promises
    95%
    Lived up to sales and marketing promises
    19 Answers
    92%
    Lived up to sales and marketing promises
    11 Answers
    Implementation went as expected
    89%
    Implementation went as expected
    17 Answers
    82%
    Implementation went as expected
    9 Answers
    Features
    Workday Financial ManagementZoho One
    Payroll Management
    Comparison of Payroll Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    8.1
    23 Ratings
    7% above category average
    Zoho One
    9.5
    4 Ratings
    23% above category average
    Pay calculation8.323 Ratings9.73 Ratings
    Benefit plan administration8.020 Ratings9.24 Ratings
    Direct deposit files8.220 Ratings9.73 Ratings
    Customization
    Comparison of Customization features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    8.1
    20 Ratings
    7% above category average
    Zoho One
    8.4
    7 Ratings
    10% above category average
    API for custom integration8.517 Ratings8.57 Ratings
    Plug-ins7.819 Ratings8.47 Ratings
    Security
    Comparison of Security features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    9.0
    25 Ratings
    6% above category average
    Zoho One
    9.2
    9 Ratings
    9% above category average
    Single sign-on capability9.225 Ratings9.49 Ratings
    Role-based user permissions8.823 Ratings8.99 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    8.0
    27 Ratings
    6% above category average
    Zoho One
    8.5
    9 Ratings
    12% above category average
    Dashboards8.227 Ratings8.59 Ratings
    Standard reports7.924 Ratings8.59 Ratings
    Custom reports8.022 Ratings8.69 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    7.7
    23 Ratings
    0% below category average
    Zoho One
    7.5
    6 Ratings
    3% below category average
    Accounts payable7.518 Ratings8.06 Ratings
    Accounts receivable6.918 Ratings8.26 Ratings
    Global Financial Support7.519 Ratings7.34 Ratings
    Primary and Secondary Ledgers7.419 Ratings6.03 Ratings
    Journals and Reconciliations7.716 Ratings7.54 Ratings
    Configurable Accounting7.719 Ratings8.04 Ratings
    Standardized Processes7.920 Ratings7.86 Ratings
    Inventory Management
    Comparison of Inventory Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    7.2
    11 Ratings
    10% below category average
    Zoho One
    9.4
    4 Ratings
    16% above category average
    Inventory tracking7.611 Ratings9.34 Ratings
    Automatic reordering7.211 Ratings9.23 Ratings
    Location management6.810 Ratings9.74 Ratings
    Order Management
    Comparison of Order Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    7.3
    11 Ratings
    8% below category average
    Zoho One
    8.9
    7 Ratings
    11% above category average
    Credit card processing7.311 Ratings9.44 Ratings
    Pricing00 Ratings9.17 Ratings
    Order entry00 Ratings9.26 Ratings
    Cost of goods sold00 Ratings9.14 Ratings
    Order Orchestration00 Ratings7.92 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    7.5
    7 Ratings
    1% below category average
    Billing Management00 Ratings7.37 Ratings
    Cash and Asset Management00 Ratings7.14 Ratings
    Travel & Expense Management00 Ratings8.75 Ratings
    Budgetary Control & Encumbrance Accounting00 Ratings8.25 Ratings
    Period Close00 Ratings6.44 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.0
    6 Ratings
    13% above category average
    Project Planning and Scheduling00 Ratings9.56 Ratings
    Task Insight for Project Managers00 Ratings8.66 Ratings
    Project Mobile Functionality00 Ratings6.35 Ratings
    Definable Resource Pools00 Ratings7.54 Ratings
    Grants Management
    Comparison of Grants Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    9.5
    2 Ratings
    24% above category average
    Award Lifecycle Management00 Ratings9.52 Ratings
    Procurement
    Comparison of Procurement features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.0
    3 Ratings
    12% above category average
    Bids Analyzed and Compared00 Ratings8.83 Ratings
    Contract Authoring00 Ratings7.52 Ratings
    Contract Repository00 Ratings7.52 Ratings
    Requisitions-to-Purchase Orders Integrated00 Ratings8.01 Ratings
    Supplier Management00 Ratings8.03 Ratings
    Risk Management
    Comparison of Risk Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    9.1
    4 Ratings
    30% above category average
    Risk Repository00 Ratings9.12 Ratings
    Control Management00 Ratings9.33 Ratings
    Control Efficiency Assessments00 Ratings8.13 Ratings
    Issue Detection00 Ratings9.62 Ratings
    Remediation and Certification00 Ratings9.62 Ratings
    Logistics
    Comparison of Logistics features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.3
    2 Ratings
    17% above category average
    Transportation Planning and Optimization00 Ratings9.01 Ratings
    Transportation Execution Management00 Ratings8.01 Ratings
    Trade and Customs Management00 Ratings8.01 Ratings
    Fulfillment Management00 Ratings8.72 Ratings
    Warehouse Workforce Management00 Ratings8.01 Ratings
    Manufacturing
    Comparison of Manufacturing features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.4
    1 Ratings
    12% above category average
    Production Process Design00 Ratings8.01 Ratings
    Production Management00 Ratings8.01 Ratings
    Configuration Management00 Ratings9.01 Ratings
    Work Execution00 Ratings8.01 Ratings
    Manufacturing Costs00 Ratings9.01 Ratings
    Supply Chain
    Comparison of Supply Chain features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.5
    3 Ratings
    15% above category average
    Forecasting00 Ratings7.32 Ratings
    Inventory Planning00 Ratings9.01 Ratings
    Performance Monitoring00 Ratings9.32 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Workday Financial Management and Zoho One
    Feature
    Workday Financial Management
    -
    Ratings
    Zoho One
    8.5
    1 Ratings
    14% above category average
    Proposal Management00 Ratings9.01 Ratings
    Product Master Data Management00 Ratings8.01 Ratings
    Best Alternatives
    Workday Financial ManagementZoho One
    Small Businesses
    Zoho One
    Score9.2 out of 10
    Intuit Enterprise Suite
    Score9 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    Acumatica
    Score8.8 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Workday Financial ManagementZoho One
    Likelihood to Recommend
    8.4
    (27 ratings)
    9.4
    (12 ratings)
    Likelihood to Renew
    9.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    9.0
    (10 ratings)
    8.9
    (10 ratings)
    Support Rating
    10.0
    (5 ratings)
    5.5
    (1 ratings)
    User Testimonials
    Workday Financial ManagementZoho One
    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
    Zoho One helps me to create and document each of my closures by creating deals. Zoho One helps me to generate reports, which helps me to track my contact. Zoho One helps me on creating tasks and reminds me to get it done on time. Zoho One keeps each steps and actions I took from lead to a deal.
    Incentivized
    Read full review
    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
    • Customized dashboards
    • Easy to see the kpis for different aspects of my business
    • And offers a consolidation of CRM campaign and other applications without having to use other technologies from other companies so it's great to consulate consolidated
    • The analytics is great what else
    • Collaboration tools are excellent
    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
    • In my opinion, SUPPORT IS AWFUL!!!
    • If you want to get in touch with a support representative, your best bet is to call the sales number and demand to speak with an agent.
    • Each of the tools operates in a silo, from a support perspective. Some applications, like books, have chat-based support and others require an e-mail.
    • In my experience, expect any e-mail to the main support e-mail to go unanswered.
    • The first year of support was great, but after we renewed for the second year, it has become terrible.
    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
    We've been a long time user and are always tweaking our automation to gain efficiencies while improving our service levels. It's pretty easy to come up with what you want to do and then do it yourself. Though, if you're looking to do some really tricked out automations, use of a Zoho Consultant would be a better idea as you'll get exactly what you need much quicker.
    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
    Read full review
    Zoho
    Support is great as a customer, as a partner I get moved to that team more often and find issues in the support being provided. It also appears that the support agents do not take into account all the information provided and default back to the "step 1 of the playbook" instead of taking into account the business reason the support is being requested and understanding the steps already taken.
    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
    There is nothing quite close to what Zoho offers with Zoho One in terms of breadth and depth of applications integrated together as a single product. Also, you get to manage a single license and user management on Zoho One, whereas you would need to work with multiple vendors and also simultaneously take care of billing and contract management with all of them. It is much easier with Zoho One
    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
    • It is hassle-free to access, which saves you a lot of time and manual effort to get the data accessible.
    • Lead status and follow-ups in one place- what you require is a paradise for the Sales team.
    • Reduces the work of HR a lot.
    Incentivized
    Read full review
    ScreenShots

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis