Workday Financial Management Review
March 04, 2024

Workday Financial Management Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Financial Management

We use supplier accounts, revenue accounts, expenses, payroll, banking and settlement accounts, and purchasing.
  • management of business processes
  • customizable to fit our needs
  • adaptable security settings
  • Reporting and Analytics in the area of bringing different data elemtents together easily
  • Understanding data flows between multiple business processes
  • Clarity of integration messages
  • positive impact to user experience in business approvals and submissions
  • higher quality work life
  • efficiencies in processing, leading to value added tasks

Do you think Workday Financial Management delivers good value for the price?

Yes

Are you happy with Workday Financial Management's feature set?

Yes

Did Workday Financial Management live up to sales and marketing promises?

No

Did implementation of Workday Financial Management go as expected?

I wasn't involved with the implementation phase

Would you buy Workday Financial Management again?

Yes

There are out of the box solutions that Workday Financial Management has when implementing, but the system is overall highly configurable to meet the needs of your organization. There are layers of security and complex reporting elements that allow you to get to the data you need (sometimes easily and sometimes it's a challenge). Workday Financial Management is very effective for us.

Workday Financial Management Feature Ratings

Accounts payable
9
Accounts receivable
9
Global Financial Support
Not Rated
Primary and Secondary Ledgers
9
Journals and Reconciliations
9
Configurable Accounting
9
Standardized Processes
9
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Credit card processing
10
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
8
Standard reports
8
Custom reports
8
API for custom integration
9
Plug-ins
9
Role-based user permissions
10
Single sign-on capability
10
Not Rated