TrustRadius
https://dudodiprj2sv7.cloudfront.net/product-logos/65/p9/ZSNXBIJQ2L23.JPEGWorkdayWorkday Financial Management is a very solid and comprehensive system for a new organization to implement2018-12-09T00:06:46.378ZIt is being used in our five-year-old China affiliate organization, but not used globally. It is the base system for accounting, general ledger, accounts payable, accounts receivable, payroll, asset management, sub-ledgers and financial reporting / operations. It does address our need for an enterprise resource planning system to support the backbone of the company and its financial management.,We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.,We were surprised by the lack of user guides and supporting information for day-to-day users. Granted, we could find this, but our users like guides.
The system could improve with contact help and chat functions if you need the answers quickly. We figured this would all have been built in.
Quite surprised by the lack of treasury management functionality. SAP and Oracle have it, although their modules are not that comprehensive or user friendly.,8,As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.,PeopleSoft Financials, PeopleSoft Campus Solutions and Oracle ERP Cloud,Kyriba, Workday Human Capital Management, Oracle Hyperion Enterprise Performance Management, Google AnalyticsVerified UserWorkday Financial Management makes it a good day2017-04-10T18:05:24.422ZWhen I first started it, we were using Workday Financial Management mainly for financial planning and project management.,I really liked being able to put together reports for my supervisor by using the financial planning tools. I was able to show our actuals which then allowed my boss to talk more easily with our accounting department to plan future budgets.,We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.,6,From my experience with it, it had a positive impact on our business by helping make smoother financial reports.
Easy to collaborate with others on building actual reports.
Made life easier for supervisors by allowing them to quickly and easily look over actual information, to move forward wth planning future budgets.,,Box, Microsoft Dynamics AX, Google Drive, Google Hangouts, Google Forms, PayPal PaymentsVerified User
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Workday Financial Management
20 Ratings
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