Browse Software
List Your Product
Loading...
Workday Financial Management Reviews

User Rating

3.7/5 (Based on 311 Ratings)

Rating Distribution

  • Excellent

    34.4%
  • Very Good

    33.4%
  • Average

    12.2%
  • Poor

    2.9%
  • Terrible

    17%

Do You Use Workday Financial Management?

Write a Review

Review Summary

Workday Financial Management is lauded for its strong financial reporting capabilities, intuitive user interface, and ability to handle complex business processes. Reviewers appreciate its robust budgeting and planning features, revenue recognition compliance, and real-time reporting. However, some users have experienced challenges with report customization, data integration, and occasional system outages. Overall, Workday Financial Management is a comprehensive solution that offers a wide range of features and functionality for midsize to large organizations.

Pros

  • Streamlined financial processes: Workday Financial Management offers a centralized platform for managing all financial operations, providing realtime visibility and control.
  • Robust reporting and analytics: The platform provides comprehensive reporting and analytics capabilities, enabling businesses to make datadriven decisions and gain insights into financial performance.

Cons

  • High cost: Workday Financial Management is a premium solution, and its implementation and maintenance costs can be substantial, especially for small businesses.
  • Limited customization: While Workday offers some customization options, it may not be enough for businesses with unique or complex financial requirements.

AI-Generated from the text of User Reviews

Reviews
JJ

Joy Ann J

November 9, 2023 Source: G2crowd.com
"Great experience with Workday!"

What do you like best about Workday?

I like Workday! What I like the most about Workday is it is an easy to navigate software and has a friendly user interface. I use it frequently.

What do you dislike about Workday?

So far I don't see any issues with Workday as it helps to track my Working hours.

What problems is Workday solving and how is that benefiting you?

helps to access the payroll information

Read more
SL

Salinda L

November 9, 2023 Source: G2crowd.com
"My workday experience"

What do you like best about Workday Financial Management?

It's like your own little workstation that holds all your information from work all your hours everything you need to know all your trainings all your handbooks all your dlps everything is in workday

What do you dislike about Workday Financial Management?

There's nothing that I really don't just don't like I like everything about work days it's the best platform I have worked and seen and have been a part of I really appreciate it in the way that they developed it

What problems is Workday Financial Management solving and how is that benefiting you?

The benefits I realized is being able to have my own personal little workstation and files and being able to train and it has the ability to be able to tell you when your training needs to be done and when it'll be due

Read more
AU

Anonymous User

September 4, 2023 Source: G2crowd.com
"It was amazing"

What do you like best about Workday Financial Management?

orkday Financial Management for its user-friendly interface, real-time reporting, and automation capabilities, which can streamline financial operations and improve decision-making.

What do you dislike about Workday Financial Management?

Sometimes is not really working well , the system is not generating very well . but its all good

What problems is Workday Financial Management solving and how is that benefiting you?

this software helps us by solving problems related to financial process inefficiencies, data inaccuracies, and compliance challenges. It benefits them by improving efficiency, accuracy, and decision-making in financial operations.

Read more
AU

Anonymous User

June 7, 2023 Source: G2crowd.com
"One stop shop!"

What do you like best about Workday?

I love Workday because it holds everything in one place and is fairly easy to use. I love that you can utilize it for multiple purposes and not rely on various platforms for different things.

What do you dislike about Workday?

It can be confusing to locate what you need at first, but after playing around with it, it becomes much easier to navigate.

What problems is Workday solving and how is that benefiting you?

Days off/PTO tracking, expenses/expense reports, performance reviews, personal information, tax documents, org chart, benefit elections/info., pay stubs/info., company resources, etc.

Read more
SM

Sarah Mae M

May 23, 2023 Source: G2crowd.com
"Extremely impressed.....Wow'd actually!"

What do you like best about Workday Financial Management?

The fact that this software covers every aspect of business shows you real numbers in real-time, then provides me with what I do to increase and grow. Along with perfect record-keeping while using it

What do you dislike about Workday Financial Management?

No constructive criticism yet, very content so far

What problems is Workday Financial Management solving and how is that benefiting you?

provides data showing where you need to focus more for better production

Read more
NC

Nicole C

April 26, 2023 Source: G2crowd.com
"Work day keeps my work essentials organized!"

What do you like best about Workday?

Workday is extremely helpful when it comes to checking payments, requesting off, and more!

What do you dislike about Workday?

I don't dislike anything about workday, it is great!

What problems is Workday solving and how is that benefiting you?

Workday solves any problems regarding keeping a clear and open communication between my manager and I when I will be absent from work.

Read more
MN

Muskan N

February 7, 2023 Source: G2crowd.com
"It was a very insightful experience."

What do you like best about Workday?

The best thing about Workday is Document Management.

What do you dislike about Workday?

Sometimes I find workday a little complex.

What problems is Workday solving and how is that benefiting you?

I use workday to record my priority tasks. It always helps me to track my performance reviews

Read more
AU

Anonymous User

January 31, 2023 Source: G2crowd.com
"Amazing functionality, easy to use, simple to administrate"

What do you like best about Workday?

Workday is incredibly user friendly. Everything is self-explanatory for end users. As an administrator, the platform was easy to implement and extremely customizable. Specifically, their security is robust and can be minute as individual field visibility. Workday also has a lot of online documentation, training materials, and a full forum (Workday Community) for crowdsourcing queries.

What do you dislike about Workday?

I don't love their support model. They do not have an on-demand model. Users need to submit a ticket for assistance. This is surprising for a platform this big, I would expect something faster - akin to a chatbot, etc.

What problems is Workday solving and how is that benefiting you?

Workday HCM has created excellent organization and documentation. We use it for Job/Position Management, Onboarding, Training, Performance, Project Tracking, TimeTracking and Payroll. All of the things!

We have been able to centralize a lot of our processes into WD from other platforms. For example, we had used Concur for expenses, but we transitioned to WD Expense. We had also used OpenAir for timetracking, and now we use Workday Time tracking. This is highly beneficial because it decreases the number of integrations and points of failure.

Read more
PC

Paras C

January 10, 2023 Source: G2crowd.com
"Seamless Experience"

What do you like best about Workday Financial Management?

The user interface is great & the updates are real time.

What do you dislike about Workday Financial Management?

Nothing that I can think of from my experience.

What problems is Workday Financial Management solving and how is that benefiting you?

The contract management & revenue recognition really helps keeping everything on track.

Read more
JD

Jacob D

November 17, 2022 Source: G2crowd.com
"Workday Review"

What do you like best about Workday?

Workday has been incredibly helpful for our organization. We have the ability to easily pay vendors, create miscellaneous payee IDS, and track payments by readily using applications within the app.

What do you dislike about Workday?

Workday can be search term specific, so it can be challenging to locate the exact reports and information needed. For example, if you are searching for a miscellaneous payee, you have to type in the name exactly as it is spelled otherwise no results are returned. Additionally, it can be challenging to find certain reports with the number of different reports available to search for one area.

What problems is Workday solving and how is that benefiting you?

Workday has made it easier to utilize all of our finance, HR, and payment applications/reports in one place. We no longer have to go to three different systems to do budget reports, setup vendors, and pay people. Workday acts as a one-shop stop for all of these applications.

Read more

We understand SaaS better

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community.

icon

Buyers

Looking for the right SaaS

We can help you choose the best SaaS for your specific requirements. Our in-house experts will assist you with their hand-picked recommendations.

icon

Makers

Want more customers?

Our experts will research about your product and list it on SaaSworthy for FREE.

Get Listed