About Workday Financial

The Workday Financial Management covers essential business areas such as procurement, asset management, CRM, revenue management, business reports, spend and sales analytics, bank reconciliation, project and task management as well as general business management processes. The Workday Financial Management application is web based and mobile friendly - enabling you to view your Workday Financial Management software in full transparency whilst on the go or out of office.

Workday Financial Management comes in an array of different scalable packages with different levels of online and offline support.

Key benefits of Workday Financial

  • Revenue management and business assets - Workday Financial Management can manage your entire financial portfolio from the dashboard, giving you complete transparency over your financial success and revenue streams. Workday Financial Management also acts as an inventory management and business assets platform - allowing you to control expenditure and inventory.

  • Invoicing and Real time spend analytics - Workday Financial Management obtains reports on your businesses invoices (paid and pending) so you can view renewal rates and new sales development. The Workday Financial Management spend analytics provides real-time sales metrics into spending patterns and trends within your consumer segments.

  • Mobile friendly and Custom reports - The entire Workday Financial Management platform is optimized for mobile devices allowing you the freedom to produce reports and findings whilst on the go. The custom reports enable you to create your own dashboards to display what is most relevant to you.

  • Devices

    Business size

    S M L

    Markets

    United States, Canada

    Supported Languages

    English

    Images

    Workday Financial Management - Net Income
    Workday Financial Management - Chart
    Workday Financial Management - Revenue
    Workday Financial Management - Report
    Workday Financial Management - Potential
    Workday Financial Management - Business Asset
    Workday Financial Management - Mobile
    Workday Financial Management - Business
    Workday Financial Management - Assets
    Workday Financial Management - Expense management
    View 11 more
    Workday Financial video
    Workday Financial screenshot: Workday Financial Management - Net Income Workday Financial screenshot: Workday Financial Management - Chart Workday Financial screenshot: Workday Financial Management - Revenue Workday Financial screenshot: Workday Financial Management - Report Workday Financial screenshot: Workday Financial Management - Potential Workday Financial screenshot: Workday Financial Management - Business Asset Workday Financial screenshot: Workday Financial Management - Mobile Workday Financial screenshot: Workday Financial Management - Business Workday Financial screenshot: Workday Financial Management - Assets Workday Financial screenshot: Workday Financial Management - Expense management

    Features

    Total features of Workday Financial: 28

    • Access Control
    • Accounting Management
    • Asset Lifecycle Management
    • Asset Management
    • Audit Trail
    • Bank Reconciliation
    • Billing & Invoicing
    • Commenting
    • Customisable Reporting
    • Expense Claims
    • Financial Analysis
    • Inventory Management
    • Invoice Management
    • Invoice Processing
    • Mobile Integration
    • Multi-Country
    • Multi-Language
    • Project Accounting
    • Project Management
    • Purchase Order Management
    • Real Time Analytics
    • Real Time Data
    • Real Time Monitoring
    • Real Time Reporting
    • Reporting & Statistics
    • Status Reporting
    • Status Tracking
    • Workflow Management

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    Reviews

    Overall rating

    4.3 /5
    (42)
    Value for Money
    4.3/5
    Features
    4.4/5
    Ease of Use
    4/5
    Customer Support
    4.5/5

    Already have Workday Financial?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Write a Review!
    Showing 5 reviews of 42
    Verified Reviewer
    Overall rating
    • Industry: Sports
    • Company size: 11-50 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 9.0 /10

    Workday for Office Life

    Reviewed on 9/4/2020

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

    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.

    Verified Reviewer
    Overall rating
    • Industry: Accounting
    • Company size: 5,001-10,000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Workday Financials Review

    Reviewed on 6/12/2019

    Pretty good, however the points addressed as dislikes should be addressed as it would make workday...

    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

    Rachel S.
    Overall rating
    • Industry: Insurance
    • Company size: 5,001-10,000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 4.0 /10

    Workday Review

    Reviewed on 29/10/2018

    I use workday to keep track of all my important company information. Overall I would say it's a...

    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.

    Verified Reviewer
    Overall rating
    • Industry: Automotive
    • Company size: 10,000+ Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 7.0 /10

    User friendly interface

    Reviewed on 15/8/2018

    Workday Financials gave us much needed reporting capabilities that we weren't getting from other...

    Workday Financials gave us much needed reporting capabilities that we weren't getting from other software. The fact that it integrates with our HRM system makes it easier to drill into certain data sets. Adding attachments to invoices and journal entries has essentially turned us into a paperless office.

    Pros

    Workday Financials is user friendly and has some great reporting capabilities. The interface looks fresh and it's easy to navigate. Each new release adds additional utility. The Workday Community is a great tool to post ideas and get real world advice from other companies experiencing the same issues.

    Cons

    Workday runs slow sometimes, especially on days when we're loading payroll and there's a lot of data going through the system. Sometimes Workday gives cryptic and seemingly random error messages.

    Walker E.
    Overall rating
    • Industry: Airlines/Aviation
    • Company size: 5,001-10,000 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Most Intuitive Yet

    Reviewed on 30/12/2019

    Workday has been the most enjoyable experience in my career. Nobody likes to fiddle around with...

    Workday has been the most enjoyable experience in my career. Nobody likes to fiddle around with software that looks outdated and glitchy when they’re dealing with their paycheck.

    Pros

    This has been the most intuitive software for entering payroll information and altering personal information for payroll as well. We’ve never had an issue with Workday and plan on using it forever!

    Cons

    The only difficult thing to figure out is how many hours you have for the week. Sometimes when you have holiday hours or vacation hours it’s hard to tell how many hours you actually have for the week without submitting it.

    Showing 5 reviews of 42 Read all reviews

    Workday Financial FAQs

    Below are some frequently asked questions for Workday Financial.

    Workday Financial offers the following pricing plans:

    • Pricing model: Subscription
    • Free Trial: Available

    Contact Workday for detailed pricing information.

    Workday Financial offers the following features:

    • Accounting and finance
    • Asset lifecycle management
    • Attach comments
    • Automatically reconcile bank statements
    • Business assets
    • Centralized business management
    • Country-specific configurations
    • Custom reports
    • Expenses
    • Financial reports
    • Full audit reports
    • Grants management
    • Inventory
    • Invoicing
    • Key metrics
    • Language translations
    • Manage your asset roster
    • Management reporting
    • Mobile friendly
    • Monitor processes and workflows
    • Multientity, multibook, and multicurrency
    • Online support
    • Procurement
    • Project management
    • Purchase orders
    • Real time spend analytics
    • Real-time business insights
    • Revenue management
    • Revenue recognition
    • Security access policies
    • Security and support compliance
    • Status indicators
    • Track and manage bank accounts
    • Workflow management

    Workday Financial has the following typical customers:

    Small Business, Large Enterprises, Mid Size Business

    Workday Financial supports the following languages:

    English

    Workday Financial supports the following devices:

    Android, iPhone, iPad

    Workday Financial integrates with the following applications:

    Betterworks, Eved, Expensya, K3, MentorEase, Quick Base, SAP Concur, Spacebase, Spreadsheet Server, Workato

    Workday Financial offers the following support options:

    Knowledge Base, Online Support, Video Tutorials

    Related categories

    See all software categories found for Workday Financial.