Best For

Finance leaders looking for unparalleled insight and a state-of-the-art foundation for transactional efficiency and control.

Product Details

Manage your organization's financial accounting, reporting, procurement, revenue, inventory, and projects in a single system.

Contact Details

Workday

https://www.workday.com

Founded in 2005

Located in United States

Starting Price

  • Not provided by vendor

Free Demo

  • Yes

Platform

  • Installed - Mac
  • Cloud, SaaS, Web
  • Installed - Windows
  • Mobile - iOS Native
  • Mobile - Android Native

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Support

  • 24/7 (Live Rep)

Workday Financial Management Features

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
Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management
Attendance Tracking
Classroom Management
Communication Management
Curriculum Management
Enrollment Management
Financial Management
Parent Portal
Progress Reports
Skill Testing
Student Information / Records

Workday Financial Management Reviews

Overall
4.5/5
Ease of Use
4/5
Customer Service
4.5/5

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Showing 31 of 31 reviews

Showing Most Helpful

Showing 31 of 31 reviews

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Company Size
Reviewer's Role
Length of Use
Frequency of Use
Avatar Image
Nijat G.
Finance Specialsit
Transportation/Trucking/Railroad, 5001-10,000 employees
Used the software for: 1-2 years
Overall Rating
4/5
Ease of Use
5/5
Customer Service
5/5
Features
3/5
Value for Money
5/5
Likelihood to Recommend
9/10
Reviewer Source 
Source: Capterra
August 14, 2019

“Logical choice for many reasons ”

OverallBasically I track growth and change current financial process. As well as, Some internal controls done by me.
ProsBefore every thing I want to indicate simplicity of Workday. You can do tremendous tasks but, user interface is very simple and everything is very handy. It has very powerful analytic layer. Workday provide high degree of flexibility and customization in order to meet clients demands. Being cloud based software, workday very helpful to customers.
ConsIf I compare with other huge financial softwares, functionality in not pretty good. But It covers all my needs. Beside those I do not have any complaints and pros about Workday FM.
Reviewer Source 
Source: Capterra
August 14, 2019
Verified Reviewer
Automotive, 10,001+ employees
Used the software for: 1-2 years
Overall Rating
4/5
Ease of Use
4/5
Features
4/5
Likelihood to Recommend
7/10
Reviewer Source 
Source: Capterra
August 15, 2018

“User friendly interface”

OverallWorkday 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.
ProsWorkday 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.
ConsWorkday 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.
Reviewer Source 
Source: Capterra
August 15, 2018
Kelli T.
Tehcnical Systems Administrator
Insurance, 1001-5000 employees
Used the software for: 1-2 years
Overall Rating
4/5
Ease of Use
3/5
Customer Service
3/5
Features
4/5
Value for Money
3/5
Likelihood to Recommend
7/10
Source: Capterra
November 3, 2016

“Workaround”

OverallWhen we initially started using this product it was very cumbersome. It improved some of our old processes but then seemed to make other worse. It has either gotten better or we have just gotten use to it. We have also had some issues with invoices getting lost in the system and had to recreate them in order to get them to process. They recently changed the requisition creation and it is not clear what the end user needs to do once they enter a line item. Overall I like the product but I feel it could still be improved. We just started using the HR function this week and so far I like what I see.
ProsThe reporting capabilities and the ability to drill down in functions to get to the info you need.
ConsNot always user friendly. The error notes are not very helpful in pointing you to the specific line that has an issue.
Source: Capterra
November 3, 2016
Minela K.
CSR
Insurance, 10,001+ employees
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
December 4, 2018

“Best system for the workplace”

OverallI keep a track of everything work related on workday. It is my starting and end point
ProsWorkday is all encompassing. From accessing my pay slips to tracking my career and goal development to managing my time, it takes care of everything in one Swift go. Incredibly user friendly
ConsThere are no cons that I have encountered
Reviewer Source 
Source: Capterra
December 4, 2018
Gaurav Paras S.
system administrator
Unspecified
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Source: Capterra
May 9, 2017

“Awesome tool to manage finance in-house ”

ProsUser-friendly, easy access, secure to end user It's easy to provide weekly, monthly and yearly view for Planning
ConsSometimes slow to access Customize reports needs to enhance. Projection reports needs to add for analyzing future trend
Source: Capterra
May 9, 2017
Vanessa M.
Project Officer
Unspecified
Used the software for: 1-2 years
Overall Rating
4/5
Ease of Use
3/5
Customer Service
5/5
Features
3/5
Value for Money
4/5
Reviewer Source 
Source: Capterra
February 7, 2018

“It is a little bit difficult to use at the beginning. ”

ProsIt has a very simple interface. Reports and features can get customized by ITS on demand. There is an app you can use on your phone with all the working features.
ConsIt contains no tools for project management other than the accounting of available budget, obligations and actuals. Some terms do not reflect the correct accounting, finance, and projext management industries.
Reviewer Source 
Source: Capterra
February 7, 2018
Rajesh S.
PV Engineer 4
Unspecified
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Source: Capterra
May 9, 2017

“All details at one place and easy to handle”

ProsGUI interface.Easy to use...and user friendly. I am using this from past 2 years and its awsome tool.
ConsThe charts can be improved , taking out the reports is not not so easy and can be improved further.
Source: Capterra
May 9, 2017
Verified Reviewer
Financial Services, Self-employed
Used the software for: 2+ years
Overall Rating
4/5
Ease of Use
4/5
Customer Service
4/5
Features
5/5
Value for Money
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
August 3, 2019

“Workday Makes Your Workday Easier”

ProsImplementation was easy and adoption of the program happened quicker than normal from other programs.
ConsCustomer Service representatives could be friendlier.
Reviewer Source 
Source: Capterra
August 3, 2019
Rachel S.
Proposal Analyst
Insurance, 5001-10,000 employees
Used the software for: 2+ years
Overall Rating
3/5
Ease of Use
2/5
Customer Service
3/5
Features
3/5
Value for Money
3/5
Likelihood to Recommend
4/10
Reviewer Source 
Source: Capterra
October 29, 2018

“Workday Review”

OverallI 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.
ProsI like being able to access my personal information, my performance, my time, my benefits, etc. all in one location.
ConsI 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 
Source: Capterra
October 29, 2018
Verified Reviewer
Unspecified
Used the software for: 6-12 months
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
April 13, 2018

“Excellent, I can have all the analysis of my management in a single financial management system.”

OverallAllows me to register new levels of financial efficiency and business performance with Workday accounting software, I could quickly respond to anomalies as they happen with reports and in-memory accounting, I could manage all activity with configurable business processes. A great benefit is that I have accomplished to change proactively to internal and external changes without IT resources or costly customizations.
ProsI like most is that it gives me the possibility of having all the analysis of my management in a single financial management system. I find it interesting that it helps me to lead strategic planning and find the best ways for the profitability of my new business.
ConsI'm practically new using the tool, but I think it would be useful to include the possibility of including the initial data of the company and predict its productivity in the short term.
Reviewer Source 
Source: Capterra
April 13, 2018
anne W.
performance consultant
Insurance, 1001-5000 employees
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
4/5
Features
4/5
Likelihood to Recommend
9/10
Reviewer Source 
Source: Capterra
November 27, 2018

“Workday _ lots of options”

Proseverything is in one place - time off; evaluations; goals; job openings. I love one-stop shops
ConsNever had figured out how to get rid of certain items or delete them specifically in the job interest. I have them lingering on the side but would like to delete. Can't figure it out :-)
Reviewer Source 
Source: Capterra
November 27, 2018
Devender Kumar S.
Manager - PM
Unspecified
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Source: Capterra
May 15, 2017

“It is good experience of working with this tool.”

ProsVery user friendly interface. easy to operate and reports can be taken out very easily. Used to of this tool is about 3 years.
ConsIt is good tool however recovery of reports by this tools sometime seems difficult and need to improve its efficacy and speedy data and report production.
Source: Capterra
May 15, 2017
Shiawtian C.
Associate
Unspecified
Used the software for: Less than 6 months
Overall Rating
5/5
Ease of Use
4/5
Customer Service
5/5
Features
5/5
Value for Money
4/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
February 10, 2018

“Friendly and easy to use interface. Very powerful report and data sorting tool”

ProsI like the easy access to different reports. I can put down information the way I want it and dive deeper into the data if I need to. Everything is linked and stored in an easy to navigate format so you will have an easy time looking for what you need.
ConsI don't like that reports can take a while if the data size is fairly large. Also if you attempt to click around too much before Workday process what you want it to do, you will get an error message. It is very easy to create this error message if you click around too much without giving it some time.
Reviewer Source 
Source: Capterra
February 10, 2018
Salvador A.
Account Assistant
Insurance, 501-1000 employees
Used the software for: 1-2 years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
May 23, 2019

“Workday Review”

OverallOverall my experience with this software has been good. Has come in very handy at my new job.
ProsI like the fact that it keeps records of my w2 and other information after I had stopped working at a previous job for a year.
ConsI was locked out once and having to verify my identity to be able to reset my password was a bit of a pain but that was the only thing I was not fond of.
Reviewer Source 
Source: Capterra
May 23, 2019
Verified Reviewer
Higher Education, 10,001+ employees
Used the software for: 1-2 years
Overall Rating
3/5
Ease of Use
3/5
Customer Service
3/5
Features
3/5
Value for Money
3/5
Likelihood to Recommend
7/10
Reviewer Source 
Source: Capterra
September 18, 2018

“Workday is not for every business”

OverallMy overall experience with Workday is sometimes frustrating since I cannot get the reports I need to do my job. I work with the filing of 1099s for all the vendors and it's impossible to run reports with the information I need in order to report accurately to the IRS.
ProsWorkday enables businesses to view all their financials in just a few clicks.
ConsUsually when a report is exported to excel, it's hard to view since the columns contain information that are irrelevant and need to be hidden.
Reviewer Source 
Source: Capterra
September 18, 2018
Verified Reviewer
Insurance, 201-500 employees
Used the software for: 6-12 months
Overall Rating
5/5
Ease of Use
5/5
Features
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
December 4, 2018

“Workday review ”

OverallOverall I have had a good experience with Workday
ProsWorkday is an easy to use time management software. Unlike a lot of internal time management software Workday can be used through their app on your phone. It is convenient if something comes up and you need to make an adjuster to you work schedule on the run.
ConsOverall I do not have any complaints about Workday
Reviewer Source 
Source: Capterra
December 4, 2018
Verified Reviewer
Insurance, 501-1000 employees
Used the software for: 1-2 years
Overall Rating
5/5
Ease of Use
3/5
Features
5/5
Likelihood to Recommend
6/10
Reviewer Source 
Source: Capterra
November 14, 2018

“Workday Review”

OverallOverall I am happy with my experience using Workday. I love being able to go to one place for all my HR needs.
ProsI love how Workday is my company's one stop shop for all things HR. It's easy to be able to log in and have all the important things in one place. We do our annual reviews here, our employee information is tracked here, and our training services are done through here. Prior to Workday, we used many different platforms - now we just have this one.
ConsI find the platform can be slow, and the user interface is not very compatible with Internet Explorer.
Reviewer Source 
Source: Capterra
November 14, 2018
Ryan K.
Consultant
Unspecified
Used the software for: 6-12 months
Overall Rating
4/5
Ease of Use
5/5
Customer Service
4/5
Features
4/5
Value for Money
3/5
Reviewer Source 
Source: Capterra
March 13, 2018

“Great product, easy to use, very user-friendly”

ProsLove the reliability of the product itself, very easy to use and user-friendly user interface, decent documentation outlining features and functionality
ConsWish it were easier to integrate with other software systems, although I know the company is making a push in that direction. Also wouldn't mind a cheaper option for small (rather than medium) sized businesses...
Reviewer Source 
Source: Capterra
March 13, 2018
Teresa Herbic H.
Author/ Writer
Food & Beverages, 11-50 employees
Used the software for: 6-12 months
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: SoftwareAdvice
December 15, 2018

“Workday is Simple to Use and Effective”

OverallGreat for jobs where you are scheduling a variety of users.
ProsWorkday is highly effective and easy to use. It is streamlined and user friendly. It's a very straightforward accounting software program.
ConsYou have to find a specific link for your company, and it can be difficult to find. That's the only issue.
Reviewer Source 
Source: SoftwareAdvice
December 15, 2018
Avatar Image
Dennis M.
Technical Support Analyst
Unspecified
Used the software for: 1-2 years
Overall Rating
4/5
Ease of Use
5/5
Customer Service
4/5
Features
4/5
Value for Money
4/5
Likelihood to Recommend
9/10
Reviewer Source 
Source: Capterra
May 15, 2018

“Best software for financial management and reporting ”

Overallaccurate reports that i forwarded to the management for enabling the decision making process in the company
ProsIt provides accurate reports and financial tools thus proving to very reliable It can be used to generate monthly and annual reports therefore help in future financial forecasting
ConsIn case where connections are not strong and secure, it can be difficult to access In case wrong and corrupted data is fed, the reports will be inaccurate as it relies on the information fed to it
Reviewer Source 
Source: Capterra
May 15, 2018
Amy Rose G.
Account Executive
Information Technology and Services, 10,001+ employees
Used the software for: 1-2 years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: GetApp
January 10, 2018

“Amazing, Unlike Any Other”

Pros- Easy to use - Mobility - Analytics - Dashboards - Reporting - Extremely Self Serving - Amazing Ecosystem
Reviewer Source 
Source: GetApp
January 10, 2018
Matthew B.
Account Executive
Computer Software, 5001-10,000 employees
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
4/5
Likelihood to Recommend
10/10
Source: GetApp
December 14, 2016

Source: GetApp
December 14, 2016
Verified Reviewer
Financial Services, 10,001+ employees
Used the software for: 2+ years
Overall Rating
2/5
Ease of Use
2/5
Features
3/5
Likelihood to Recommend
3/10
Reviewer Source 
Source: Capterra
August 27, 2018

“Aged tool”

Prosit does the job at the end of the day and you can structure the tabs easily.
ConsThe look is very much aged and basic. A bit of a face lift would help the user experience.
Reviewer Source 
Source: Capterra
August 27, 2018
Shivankar D.
Auditor
Accounting, 51-200 employees
Used the software for: Less than 6 months
Overall Rating
4/5
Ease of Use
4/5
Customer Service
5/5
Features
3/5
Value for Money
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
May 7, 2019

“It's easy going and definately a must for your organisation.”

OverallWorkday 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.
ProsEasy to use, full coverage of organisational accounting needs.Financial reporting has beend made easier like never before. Helps you manage inventory, reporting and financials of your organisation.
ConsRandom error messages and runs slow at times.
Reviewer Source 
Source: Capterra
May 7, 2019
Elizabeth S.
Unspecified
Used the software for: Unspecified
Overall Rating
4/5
Ease of Use
3/5
Customer Service
4/5
Features
4/5
Value for Money
4/5
Source: Capterra
November 21, 2016

“New software.....from eeeek to ooohhhhh”

OverallIt has been a pleasant transition thus far. There are a few hiccups when entering information. I feel the navigating is a bit choppy however it is so new I am not going to make a strong opinion just yet. Our employer is giving us this in small doses and most of the headache is just establishing processes as some duties have shifted. Over all a great product!!
Source: Capterra
November 21, 2016
Verified Reviewer
Computer Software, 1001-5000 employees
Used the software for: 6-12 months
Overall Rating
5/5
Ease of Use
5/5
Features
5/5
Likelihood to Recommend
9/10
Reviewer Source 
Source: GetApp
March 8, 2018

“Best Human Capital Management App”

ProsUser of Workday, this could not be an easier way for a non stop shop for payroll/tax info, managing benefits and my calendar with time off.
ConsOnly con that I do not understand is in the iOS app every time you need to view your actual pay stub you need to 'generate' a PDF which takes ~5 seconds.
Reviewer Source 
Source: GetApp
March 8, 2018
Verified Reviewer
Education Management, 201-500 employees
Used the software for: Less than 6 months
Overall Rating
4/5
Ease of Use
3/5
Customer Service
4/5
Features
4/5
Value for Money
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
July 23, 2019

“Workday's Financial Solution”

ProsWe currently have Workday HCM and it integrates seamlessly with their other product which saves our financial department tons of time.
ConsImplementation of the software took a better part of the year and needed a third party to help setup the system.
Reviewer Source 
Source: Capterra
July 23, 2019
Hemant K.
Unspecified
Used the software for: Unspecified
Overall Rating
4/5
Ease of Use
4/5
Customer Service
4/5
Features
5/5
Value for Money
5/5
Source: Capterra
April 12, 2017

“One tool to provide all finance related detail.”

OverallIt provides complete transnational efficiency and control. Very good tool for accounting, consolidation, planning, procurement, projects, reporting, and analytics.
Source: Capterra
April 12, 2017
Cindy C.
Unspecified
Used the software for: Unspecified
Overall Rating
4/5
Ease of Use
4/5
Customer Service
5/5
Features
3/5
Value for Money
5/5
Source: Capterra
November 16, 2016

“Easy transition!”

OverallIt is never easy changing systems but Workday is much easier to use then our previous system. Workday has been very user friendly. I haven't had any problems using this system.
Source: Capterra
November 16, 2016
Gurvinder S.
CRA II (Global Study Management)
Biotechnology, 501-1000 employees
Used the software for: Unspecified
Overall Rating
5/5
Reviewer Source 
Source: GetApp
January 6, 2018

Reviewer Source 
Source: GetApp
January 6, 2018
Kristy E.
Unspecified
Used the software for: Unspecified
Overall Rating
1/5
Ease of Use
1/5
Customer Service
3/5
Features
1/5
Value for Money
3/5
Source: Capterra
November 17, 2016

“Workday Review”

OverallI find it easy to use and navigate through. We are just getting some of the new features so I am not sure about it as a whole package yet, but so far, the accounting piece is very good.
Source: Capterra
November 17, 2016