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.
| Support | 24/7 (Live rep) Online | Customer Type | Large Enterprises Medium Business Small Business |
| API | NA | Location / Phone Number | Pleasanton, California / +1 866-951-9002 |
| Deployment | SaaS/Web/Cloud | Category | Accounting Software |
Disclaimer: The pricing details were last updated on 12/12/2018 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.
Learn more about Workday Financial Management pricing.
Workday Financial Management is Accounting Software. Workday Financial Management offers the following functionalities:
Learn more about Workday Financial Management features.
Here`s a list of the best alternatives for Workday Financial Management:
No, Workday Financial Management does not provide API.
What do you like best?
Workday Financial Management is a solitary cloud based arrangement intended for financial arranging, examination and exchanges. By consolidating exchanges, bookkeeping, investigation, and consistently on review in one framework, Workday engages leaders with in the second and in a hurry financial and business understanding, they can follow up on and plan for what is next. Workday can make work processes for orders. You can utilize rationale to figure out who the request ought to go to next for either more data or endorsement, and you can put together it with respect to the demand type, the allocated cost place, the program, the elucidating labels, and the sky is the limit from there .Easy to explore. Choices to discover all I need on my paycheck. Great reports and detailing capacities inside the framework - the organization graphs are likewise great Not just is it valuable to see pay and time worked, yet it can assist representatives with seeing their exhibition surveys and access all their vocation objectives related measurements from one stage. With everything taken into account, simple to utilize UI.
What do you dislike?Workday runs moderate at times, particularly on days when we are stacking finance and there is a ton of information experiencing the system. There ought to be a type of a channel highlight. It contains no devices for venture management other than the bookkeeping of accessible financial plan, commitments and actuals. A few terms do not mirror the right bookkeeping, money, and task management businesses.
What problems are you solving with the product? What benefits have you realized?Generally, I would state it is a decent tool; however, it needs some refreshing to make it easier to understand. I am not a gigantic devotee of how this program functions. The truth that it incorporates with our HRM framework makes it simpler to bore into certain informational collections. Adding connections to solicitations and diary passages has transformed us into a paperless office.
What do you like best?
Workday financial management is best for chief financial officers of organisations of all sizes and types.Using this application they can practice their financial skills and cleverness without doing much manual work. It is a cloud based software which is made for planning finances, their transactions and then their analysis. It provides all accounts,transactions,financial details and analysis all under one app. It is an empowering software for financial managers and decision makers of the company. bacon plan their financial spendings in then execute them right now or in the future. This application gives us all the details about our accounts. You can also track your expenses and pay your bills and the salaries of the employees.It makes financial reporting very easy for big companies. It saves a lot of time, money and manual work. It let's its users save their data and reports and then edit them anytime, anywhere.
What do you dislike?I don't have much complain with workday financial management.The application lags sometimes so we don't get our reports and invoices on time.Some bugs need to be fixed. It is one of the best software for tracking employee’s times and sending them messages and receiving their reports. It is a great application for tax and payroll management.
What problems are you solving with the product? What benefits have you realized?I had a positive experience with this application. It is a great software which is also available for mobile phones. I recommended it to some of my friends and they also liked it. I would definitely recommend it to other people. It gives us free demo which is a plus point. It is simple and very easy to use. It let's the user take control and manage everything according to their own will. It helps develop a good financial relationship between employees and higher officials.There is no additional training required. Anyone can use it anywhere anytime.Their support is also great and responsive. The support is available 24/7.You can manage all your different financial reports and data in one place.
What do you like best?
Easy to navigate. Options to find all I need on my paycheck.
What do you dislike?Nothing is difficult and I can check all of my pay stubs and time.
What problems are you solving with the product? What benefits have you realized?I can find my vacation and sick time easily and can see my yearly use.
What do you like best?
The dashboard and notification system is great. One place destination for all employee specific finances such as paid time off, working duration, overtime. It has a great user interface. For financial management, the features such as revenue management, classification and optimization are key benefits . If you are into pricing performance and KPI measurement , it is again a great tool.
What do you dislike?Nothing as such, its a great tool. Accounting features are okay.
Recommendations to others considering the product:Not very expensive basis the benefits you can reap out of the tool. Go for it.
What problems are you solving with the product? What benefits have you realized?Management of pay, time off, personal info becomes very easy to maintain and track. We also used it to gauge pricing performance and KPIs performance.
What do you like best?
I like the way that you are able to manage your financials from work through this system.
What do you dislike?I do feel that they can organize the system and make it more user friendly.
What problems are you solving with the product? What benefits have you realized?It has allowed our company to grow and to organize our financial information more and more. It has allowed the company to flow better as well.
What do you like best?
I like how it is so accessible and easy to use. Everything is self explanatory.
What do you dislike?I dislike some glitches it has. This platform could definitely use more updates.
Recommendations to others considering the product:Good platform overall
What problems are you solving with the product? What benefits have you realized?Sometimes the website glitches and things become slow. It is very easy to oversee everyone’s salaries and get everything in one system.
What do you like best?
I like how it is so accessible and easy to use. Everything is self explanatory.
What do you dislike?I dislike some glitches it has. This platform could definitely use more updates.
Recommendations to others considering the product:Good platform overall
What problems are you solving with the product? What benefits have you realized?Sometimes the website glitches and things become slow. It is very easy to oversee everyone’s salaries and get everything in one system.
What do you like best?
Easy to navigate and keep track of hours worked and earned time off of work.
What do you dislike?I do dislike entering my time, it took a little while for me to get used to the design
What problems are you solving with the product? What benefits have you realized?It has made it easier for me to track my time and contact my supervisors, yearly performance reviews are quick and easy.
What do you like best?
easy way to upload hours, manage preferences, request time off
What do you dislike?requires additional security every time you log in -- secure but annoying
What problems are you solving with the product? What benefits have you realized?great way to log hours and communicate with boss, available in app or web form
What do you like best?
Workday community the best part where you put up issues and get advice from organisation experiencing similar problems. Also to integrate it with other organisational needs like HRM helps report some really important organisational data.
What do you dislike?Seems like a bit slow in the work organisation but it might be just my perception.
Recommendations to others considering the product:Workday community the best part where you put up issues and get advice from organisation experiencing similar problems. Also to integrate it with other organisational needs like HRM helps report some really important organisational data.
What problems are you solving with the product? What benefits have you realized?everything is in one place - time off; evaluations; goals; job openings. I love one-stop shops.
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