Workday, a life saver for people managers
We use Workday Financial Management as our digital one stop HR resource for all employees. It empowers our employee to self serve time off …
Overview
What is Workday Financial Management?
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and…
Recent Reviews
Popular Features
- Standard reports (20)8.888%
- Single sign-on capability (21)8.888%
- Pay calculation (19)8.585%
- Dashboards (24)8.484%
Reviewer Pros & Cons
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What is Workday Financial Management?
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and…
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Lunch & Learn Demo: Supercharge Workday Financial Management
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SnapLogic Live: Workday Financial Management Integration
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Workday Financial Management?
Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations.
By using an in-memory architecture and object data model, Workday has delivered a single system that supports transaction processing, multidimensional reporting, consolidation, planning, and compliance—all using a consistent user experience accessible from desktop or mobile devices.
Key feature areas:
Accounting and Finance
Audit and Internal Controls
Revenue Management
Reporting and Analytics
Global Financial Reporting and Consolidation
Financial Planning
Projects
Expenses
Procurement
Inventory
Grants Management
Project Billing
Workday Financial Management Features
General Ledger and Configurable Accounting Features
- Supported: Accounts payable
- Supported: Accounts receivable
- Supported: Global Financial Support
- Supported: Primary and Secondary Ledgers
- Supported: Journals and Reconciliations
- Supported: Configurable Accounting
- Supported: Standardized Processes
Inventory Management Features
- Supported: Inventory tracking
- Supported: Automatic reordering
- Supported: Location management
Order Management Features
- Supported: Credit card processing
Payroll Management Features
- Supported: Pay calculation
- Supported: Benefit plan administration
- Supported: Direct deposit files
Reporting & Analytics Features
- Supported: Dashboards
- Supported: Standard reports
- Supported: Custom reports
Customization Features
- Supported: API for custom integration
- Supported: Plug-ins
Security Features
- Supported: Role-based user permissions
- Supported: Single sign-on capability
- Supported: Multi-factor authentication
- Supported: User-level audit trail
Workday Financial Management Video
In this video, Cushman & Wakefield, Netflix, and Aon explain why they selected Workday finance applications to help run their global organizations. Learn more at http://bit.ly/152jzPm.
Workday Financial Management Integrations
Workday Financial Management Competitors
- Microsoft Dynamics 365
- Oracle
- SAP
- Oracle NetSuite
Workday Financial Management Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android |
| Supported Countries | Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, India, Ireland, Japan, Luxembourg, Malaysia, Malta, Netherlands, New Zealand, Norway, Philippines, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, United Kingdom, U.S. |
| Supported Languages | English, French, Spanish, German, Chinese (Simplified), Italian, Portuguese, and Japanese |
Frequently Asked Questions
Microsoft Dynamics 365 are common alternatives for Workday Financial Management.
Reviewers rate Accounts receivable and Credit card processing highest, with a score of 9.1.
The most common users of Workday Financial Management are from Enterprises (1,001+ employees).
Comparisons
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Reviews and Ratings
(111)Attribute Ratings
Reviews
(1-24 of 24)Companies can't remove reviews or game the system. Here's why
April 29, 2024
Workday, a life saver for people managers
Score 10 out of 10
Vetted Review
Verified User
14.285714285714286%
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78.57142857142857%
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March 25, 2024
Great tool with multi features.
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30%
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March 23, 2024
Working with Workday.
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86.66666666666666%
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March 22, 2024
Workday is fantastic.
50%
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25%
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March 22, 2024
Accountant
91.42857142857142%
9.1
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March 21, 2024
Loving Workday Financial Management!
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70%
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March 20, 2024
The best of the best!
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81.66666666666666%
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March 20, 2024
A SOLID payroll system
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96.66666666666666%
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84.28571428571429%
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March 04, 2024
Workday Financial Management's a solid software
74.28571428571429%
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53.33333333333333%
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March 04, 2024
Workday Financial Management Review
77.14285714285714%
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93.33333333333334%
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March 11, 2022
Workday Works!
84.28571428571429%
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March 10, 2022
World class product, backed up by world class support
78%
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80%
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March 10, 2022
Great dashboards, could be more user friendly
62.857142857142854%
6.3
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90%
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76.66666666666667%
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July 10, 2019
Simple and Intuitive solution
84.28571428571429%
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December 09, 2018
Workday Financial Management is a very solid and comprehensive system for a new organization to implement
78.57142857142857%
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70%
7.0
73.33333333333333%
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April 10, 2017
Workday Financial Management makes it a good day
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76.66666666666667%
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