Workday Financial Management

Who Uses Workday Financial Management?

Workday Financial Management is designed to help CFOs of companies of all sizes lead their finance practice with deeper insights, less manual work, and greater agility.

What Is Workday Financial Management?

Workday Financial Management is a single cloud based solution designed for financial planning, analysis and transactions. By combining transactions, accounting, analytics, and always on audit in one system, Workday empowers decision-makers with in-the-moment and on-the-go financial and business insight they can act upon and plan for what's next.

Workday Financial Management Details

Workday

https://www.workday.com/en-gb/homepage.html

Founded 2005

Workday Financial Management Pricing Overview

Workday Financial Management does not have a free version and does not offer a free trial.

Free Version

No

Free Trial

No

Deployment

Cloud, SaaS, Web

Training

In Person

Live Online

Webinars

Documentation

Support

24/7 (Live Rep)

Workday Financial Management Features

Accounting Software
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Expense Tracking
Fixed Asset Management
Fund Accounting
Government
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Vendor has not completed this information.

"What If" Scenarios
Access Controls/Permissions
Audit Trail
Balance Sheet
Budgeting/Forecasting
Cash Management
Consolidation/Roll-Up
Data Import/Export
General Ledger
Multi-Company
Profit/Loss Statement

Workday Financial Management Reviews for UK Users

Showing 5 of 40 reviews

Overall
4.3/5
Ease of Use
4.1/5
Customer Service
4.4/5
Features
4.3/5
Value for Money
4.3/5
Verified Reviewer
Assistant General Manager
Sports, 13-50 Employees
Used the Software for: 1+ year
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 09/04/2020

"Workday for Office Life"

Comments: We love workday. It is so simple and really streamlines the work process between employees and employers.

Pros: I enjoy that all of our employees use workday and it makes it very simple to approve their time, as opposed to having to check time cards or check into another account. You can do everything from Workday, enter your time, ask for time off, track employees time, send employee messages, check your pay stubs, see your benefits, and lots more.

Cons: I don' think there are really any cons! It is very simple to use, and is easy to access from a phone as well.

  • Reviewer Source 
  • Reviewed on 09/04/2020
Verified Reviewer
Workday Grant Administrator
Accounting, 5,001-10,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    4/5
  • Ease of Use
    3/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Reviewed on 06/12/2019

"Workday Financials Review"

Comments: Pretty good, however the points addressed as dislikes should be addressed as it would make workday more robust

Pros: What I like is the reporting options available in the financials model. It allows us to reconcile grant spending within the award management team along with the depts as all data points are in Workday. Users with the report Writer role are able to construct their own reports and schedule output for specific users as needed. Everything from award creation to sponsor billing can be done from one system.

Cons: There are constraints regarding billing for sponsors on grants for expenses posting outside of award line dates if the company is using a different system for timekeeping. There are also no award or grant compliance checks in workday leaving compliance auditing at risk

  • Reviewer Source 
  • Reviewed on 06/12/2019
Karla C.
sr fraud analyst
Financial Services, 1,001-5,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    4/5
  • Ease of Use
    4/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 09/07/2020

"Very practical and easy to use."

Comments: It's a great product and gets the job done.

Pros: I love how user friendly it is. You can find anything and everything with ease.

Cons: Can't think of any major complaints besides the goal setting portion which is hard to walk thru.

  • Reviewer Source 
  • Reviewed on 09/07/2020
Rachel S.
Proposal Analyst
Insurance, 5,001-10,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    3/5
  • Ease of Use
    2/5
  • Features & Functionality
    3/5
  • Customer Support
    3/5
  • Value for Money
    3/5
  • Likelihood to Recommend
    4/10
  • Reviewer Source 
  • Reviewed on 29/10/2018

"Workday Review"

Comments: I use workday to keep track of all my important company information. Overall I would say it's a good platform, but it needs some updating to make it more user friendly. Epically the time and absence widgets. I'm not a huge fan of how this program functions.

Pros: I like being able to access my personal information, my performance, my time, my benefits, etc. all in one location.

Cons: I don't like how difficult it is to track my time. We have a lock out every week and it is difficult to keep track of the hours I work. I usually have to write them down on a sticky note and transfer them back in once the lock out is over. Very inconvenient. I also don't like how I have to go to a different screen to include my absences like PTO or Maternity leave. It's been somewhat of a mess trying to keep track of al my hours and benefits.

  • Reviewer Source 
  • Reviewed on 29/10/2018
Sasha B.
Senior Guest Advisor
Retail, 5,001-10,000 Employees
Used the Software for: 1+ year
  • Overall Rating
    4/5
  • Ease of Use
    4/5
  • Features & Functionality
    4/5
  • Customer Support
    3/5
  • Value for Money
    3/5
  • Likelihood to Recommend
    5/10
  • Reviewer Source 
  • Reviewed on 10/04/2020

"Not completely bad, but not user friendly."

Comments: I use it mainly to look at my check stubs, but it does that quite well.

Pros: I like that once you figure it out it's simple to use, and make it easy to access your information.

Cons: It's not too user friendly when you first start using it. It definitely takes some getting used to.

  • Reviewer Source 
  • Reviewed on 10/04/2020