Home/Accounting Software/Workday Financial Management vs PaycorUpdated on: March 29, 2024

Compare Workday Financial Management vs Paycor

91% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
97% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Paycor
Paycor HR Software (894 Ratings)
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks
Freshbooks Accounting Software (3391 Ratings)
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91% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
97% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Paycor

Paycor

HR Software (894 Ratings)
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks

Freshbooks

Accounting Software (3391 Ratings)
Start Free Trial

Start Free Trial

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Overview

Summary

Workday Financial Management helps organizations to reduce financial risk in this ever-changing market. The software helps users to focus more on action and analysis and less on transaction processing with its deeper insight into finance management. It assures users the flexibility to adapt to new processes and track changes quickly. The software’s machine learning capability detects anomalies and offers recommendations to make more useful finance business processes. Workday Financial Management automatically transforms data related to business events into accounting, thereby simplifying the accounting processes. Users get maximum control over their companies’ finances by getting details about every transaction. It also helps them to manage risk and monitor compliance. With Workday Financial Management, finance teams can streamline their processes from contract to cash and record to report. The software also assists to create business strategies by continuous planning, analyzing and forecasting market trends, that provide them positive outcomes in the future. ..show more

Paycor empowers leaders to build and develop winning teams with a modern HR-management tool that revolutionizes the way organizations recruit and nurture talent. Solutions are oriented in accordance with the size of the company, ranging from 1-20 employees to 76-1000+ employees. On one hand, users can directly handle HR benefits and ACA along with accelerating the learning experience of employees. On the other, they can also handle payroll and tax-compliance and keep track of time attendance. The collected data is automatically organized, sorted, and depicted in the form of actionable reports that aid the decision-making process. In essence, Paycor smartly ties the respective business processes with HR structures in a way that optimizes every step of the hiring and employee management processes. ..show more

An accounting software focused on providing expert accounting services to small scale businesses. It is best suited for self-employed professionals, small scale agencies, firms and consultancies. The software expertise in handling accounting tasks related to billing, invoicing and expense tracking. Freshbooks time tracking feature will provide you information so that you can invoice your bill for exactly what you’re worth. This easy-to-use software also provides a mobile app which allows you to keep a check on the accounting processes all the time. Freshbooks was awarded as “Leader in the Fall 2017 Small-Business Accounting Grid Report” based on customer satisfaction and market presence. ..show more

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Pleasanton, California / +1 866-951-9002

Cincinnati, Ohio / +1 855-565-3285

Toronto, Canada / +1 866-303-6061

API

N/A

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Workday Financial Management
Custom

Features

  • A system you can adapt to your needs
  • Intelligent automation optimizes your processes
  • A center to transform data into accounting
  • Always-on auditing for maximum control
  • Accounting and Finance
  • Consolidate and Close
  • Revenue Management
  • Accounting Center
  • Expenses
  • Grants Management
  • Projects
View Price Page
Basic
Custom

Pay employees quickly & accurately and never worry about tax compliance.

Features

  • Basic Wage Garnishments
  • Payroll and Tax Service
  • Pay Options
  • Check Stuffing
  • Online Check Stub
  • Online Reporting
  • Additional Tax Local Authorities
  • Additional Tax State Authorities
  • New Hire Filing EVS
  • Optional Free Services – Work Number
  • Optional Free Services – OnDemand Pay
  • Optional Free Services – AutoRun
Essential
Custom

Simplify payroll processing, manage compliance and enhance new hire productivity.

Features

  • Includes features of Basic plan, plus
  • Reporting Options
  • Report Builder
  • General Ledger Report
  • Labor Distribution
  • HR Support Center
  • Month End Accounting Pkg.
  • Electronic Custom Data File
  • Labor Law Poster
  • Onboarding
  • Time Off Manager
  • Job Costing
  • Wage Garnishments Pro
  • Optional Free Services
    • 401(k) EDI Processing
    • 360° 401(k) Integration
    • Premium Only Plan
    • Electronic GL
    • E-Verify Service
  • Paycor Recruit & Hire
Core
Custom

Get deeper insights to drive business forward

Features

  • Includes features of Essential plan, plus
  • Paycor Expense Management
  • HR Support Center On-Demand
  • Employee Import
  • Paycor HR
  • Paycor Career Management
Complete
Custom

Everything needed to attract, retain and develop winning teams.

Features

  • Includes features of Core plan, plus
  • Paycor Analytics
  • Paycor Analytics Pro
  • Paycor Compensation Planning
  • Paycor Talent Management
Custom
Custom

For 50-1000+ Employees, the software offers pricing plan on basis of request.

View Price Page
Lite
$15 /Month

Features

  • 5 Billable Clients (Send unlimited invoices to up to 5 clients)
  • Track unlimited expenses
  • Send unlimited estimates
  • Get paid with credit cards and bank transfers
  • Track sales tax & see reports
  • Access anywhere on iOS and Android
Plus
$30 /Month

Features

  • 50 Billable Clients
  • Send unlimited invoices to up to 50 clients
  • Automatically track expenses
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Set up recurring billing and client retainers
  • Run business health reports
  • Double-entry accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Premium
$55 /Month

Features

  • Unlimited Billable Clients
  • Send unlimited invoices to an unlimited amount of clients
  • Track Bills, Bill Payments & Vendors with Accounts Payable
  • Track project profitability
  • Customize email templates with dynamic fields
  • Customize email signatures
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Get paid with checkout links
  • Set up recurring billing and client retainers
  • Run business health reports
  • Run financial and accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Select
Custom

Features

  • Unlimited Billable Clients and Specialized Features
  • Send unlimited invoices to an unlimited amount of clients
  • Access to lower credit card transaction rates
  • Info Tooltip
  • Start with 2 team member accounts
  • Get a dedicated account manager
  • Get help migrating from other software
  • Set up your account with custom onboarding services
  • Remove FreshBooks branding from client emails
  • Contact us with a dedicated support number
  • Get paid with credit cards, bank transfers, and checkout links
  • Set up recurring billing, subscriptions and client retainers
  • Securely accept credit cards over the phone
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Invite your accountant
  • Run business health reports
  • Run financial and accounting reports
  • Access anywhere on iOS and Android
View Price Page

SCREENSHOTS

Workday Financial Management Screenshots
Paycor Screenshots
Freshbooks Screenshots
View 9 screenshot(s)

INTEGRATIONS

    NA
  • CloudPay
  • Certify
  • bswift
  • PlanSource
  • BerniePortal
  • Deputy
  • Employee Navigator
    NA

ALTERNATIVES

Top alternatives to Workday Financial Management

Quickbooks
Quickbooks
Freshbooks
Freshbooks
Xero
Xero
Wave
Wave
FreeAgent
FreeAgent

Top alternatives to Paycor

BambooHR
BambooHR
Rippling
Rippling
QuickBooks Payroll
QuickBooks Payroll
UKG Pro Workforce Management (formerly UKG Dimensions)
UKG Pro Workforce Management (formerly UKG Dimensions)
Gusto
Gusto