Workday Financial Management

4.4
Overall rating
Reviews

4.4
Overall rating
Reviews

About Workday Financial Management

Workday Financial Management is a single cloud-based solution that assists global businesses of all sizes in a variety of industry verticals with financial planning, accounting, and transactions. Workday delivers user and administrative tools across financials, HR, planning, talent, payroll, analytics, student, and more from a single system. Workday’s Financial Management solutions include accounting and finance, revenue management, reporting and analytics, consolidating and closing, revenue management, accounting center, financial planning, expenses, procurement, and project accounting. Audit tools, inventory management, and grants management are also included. The Prism Analytics module allows users to upload data from other software solutions to create consolidated reports. Pricing is based on monthly subscriptions and support is offered via email and through an online help desk.
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Workday Financial Management pricing

Workday Financial Management does not have a free version and does not offer a free trial. Workday Financial Management paid version starts at US$1.00/year.

Starting Price:
US$1.00/year
Free Version:
No
Free trial:
No

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Workday Financial Management Reviews for UK Users

Feature rating

Value for Money
4.2
Functionality
4.4
Ease of Use
4.1
Customer Support
4.4
5 reviews of 71 View all reviews
Tiffany
Tiffany
  • Industry: Accounting
  • Company size: 5,001–10,000 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
0
Functionality
4
Ease of Use
4
Customer Support
0

4
Reviewed on 10/12/2019

Your usual financial software

Okay overall, don’t really see anything outstanding compared to other financial softwares

Pros

Allows user to save particular reports for easy access in the future, especially great if you need recurring reports.

Cons

There should be some sort of a filter feature. I find it troublesome when looking up vendor in the search bar, but unable to refine by cost center or BU without going through pulling the ledger entries.

Verified Reviewer
  • Industry: Retail
  • Company size: 10,000+ Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
0
Functionality
4
Ease of Use
4
Customer Support
0

4
Reviewed on 20/01/2025

Great Central Tool for Financial Management

We use it for processing invoices from import vendors and other international partners, and detect the data and automated the accounts receivable/payable process while providing detailed reports and identified exceptions.

Pros

It provides function that helps automate our accounts payable and account receivable flows for our international import shipments.

Cons

It takes a lot of configuration and setup, and hard to onboard specific entities such as international customs and other logistics providers.

Alfonso
  • Industry: Financial Services
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Functionality
4
Ease of Use
4
Customer Support
4

3
Reviewed on 20/04/2021

Great Financial Management support for P2P Capabilities

Overall experience with Workday Financial Management has been fantastic. Great capabilities that can integrate very well with other Workday modules.

Pros

Workday Financial Management provides a great P2P capability to organization already working with Workday HCM. This tool provides best-in-class functionalities that support financial and procurement operations.

Cons

The language, terms, jargon are very specific to Workday nomenclature rather than based on industry. Some concepts are quite unique and sometimes unnecessary when compared against a Coupa or other provider.

Amanda
  • Industry: Hospital & Health Care
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
0
Functionality
4
Ease of Use
5
Customer Support
5

5
Reviewed on 13/01/2025

Would recommend

I would recommend to other people looking for a easy program.

Pros

Very easy to maneuver. Set up was nice and organized.

Cons

The options that they gave for different things.

Christina
  • Industry: Education Management
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
0
Functionality
5
Ease of Use
5
Customer Support
0

5
Reviewed on 03/11/2023

Workday

Pros

Easy to find transactions, sort, and filter

Cons

Lots of irrelevant data fields crowd the page. Difficulty knowing which do use.

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