Workday Financial Management's a solid software
March 04, 2024

Workday Financial Management's a solid software

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Financial Management

Workday Financial Management has been a valuable tool for our company to better prepare and report on the financial statements. It allows for the team to review the transactional detail with ease. It has helped the team have a uniform reporting package and has sped up the time to perform their month end tasks. The financials are more accurate with the ease of use.
  • Syncing with our budgeting software, Adaptive Planning
  • Being able to drill down into the detail
  • Navigating the menu takes some time learning
  • Building new reports and what is customizable
  • It has helped us be more efficient in month end close saving several days
  • It has helped with the uniformity and accurateness of our financials.
The processing power of Workday Financial Management we much better. The other systems didn't run as fast when trying to look at the financials or running any of the various reports that we would need. It also has a cleaner view when looking at the details.

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?

Yes

Did implementation of Workday Financial Management go as expected?

Yes

Would you buy Workday Financial Management again?

Yes

It is well suited if you are already using Workday Financial Management for HR or Adaptive Planning for your budgeting software. It is most likely for companies that are a little more established and moving on from another entry level type accounting software.

Workday Financial Management Feature Ratings

Accounts payable
8
Accounts receivable
7
Global Financial Support
8
Primary and Secondary Ledgers
8
Journals and Reconciliations
7
Configurable Accounting
7
Standardized Processes
7
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Credit card processing
Not Rated
Pay calculation
8
Benefit plan administration
8
Direct deposit files
Not Rated
Dashboards
7
Standard reports
8
Custom reports
7
API for custom integration
8
Plug-ins
7
Role-based user permissions
9
Single sign-on capability
8
Not Rated