Audience

Companies in need of a powerful financial management software solution

About Workday Financial Management

With intelligently automated financial processes and deeper insights, you can focus less on transaction processing and more on analysis and action. Businesses ebb and flow over time. Workday helps you remain agile and stay ahead of change with our flexible foundation. Adapt business processes while continuously tracking change as you go. Machine learning reduces friction by continuously detecting anomalies and making recommendations. This helps finance interpret and review results, while focusing on the areas of business that matter most. We deliver data to all corners of your organization, surfacing insight right when you need it. Stakeholders can see what’s driving the business and take action. Workday provides undefeatable electronic evidence. We document every transaction and change continuously, to help you proactively manage risk and monitor compliance.

Other Popular Alternatives & Related Software
Sage Intacct
Sage Intacct
(8776 Ratings)
Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner.
Learn more
Xero
Xero
(5952 Ratings)
Save 80% for 4 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place.
Learn more
Workday HCM
Workday HCM
(2 Ratings)
An HCM system that adapts to what comes next. Your workforce, how and where people work, even the skills you need continue to shift. So how do you adapt to what the future brings? Meet Workday Human Capital Management (HCM). Our machine learning helps you understand your people’s skills today and build talent around the skills you'll need tomorrow. Workday Human Capital Management empowers you to curate recommendations, suggest learning, and keep communication open. And do it at scale. Our augmented analytics surfaces insights from vast data sets, explaining what’s happening and why in stories you can understand. We deliver intelligent automation across the entire attract-to-pay process, eliminating manual tasks and empowering your people to be their most productive selves. From compensation and payroll to time tracking, benefits, and more, Workday HCM helps you take care of your workforce.
Learn more
NetSuite
NetSuite
(58 Ratings)
Oracle NetSuite is the world’s leading AI-powered cloud ERP, trusted by more than 42,000 customers worldwide. The platform unifies ERP, financials, CRM, ecommerce, and analytics into one suite, creating a single source of truth for organizations. Its built-in AI doesn’t just predict—it learns from your business data to deliver accurate insights, recommendations, and automation. With NetSuite, companies can streamline accounting, manage global operations, improve customer relationships, and optimize HR processes all from a centralized cloud platform. Its omnichannel commerce tools also help businesses scale by connecting online, offline, and B2B sales seamlessly. By combining scalability, real-time visibility, and AI-driven intelligence, NetSuite empowers organizations to operate smarter and grow faster.
Learn more

Integrations

See Integrations

Ratings/Reviews - 1 User Review

Overall 4.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 4.0 / 5
More Reviews Write a Review

Company Information

Workday
Founded: 2005
United States
www.workday.com/en-us/products/financial-management/overview.html

Videos and Screen Captures

Workday Financial Management Screenshot 1
Workday Financial Management Screenshot 1
Other Useful Business Software
Custom VMs From 1 to 96 vCPUs With 99.95% Uptime Icon
Custom VMs From 1 to 96 vCPUs With 99.95% Uptime

General-purpose, compute-optimized, or GPU/TPU-accelerated. Built to your exact specs.

Live migration and automatic failover keep workloads online through maintenance. One free e2-micro VM every month.
Start Free

Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
Support
Phone Support
24/7 Live Support
Online

Workday Financial Management Frequently Asked Questions

Q: What kinds of users and organization types does Workday Financial Management work with?
Q: What languages does Workday Financial Management support in their product?
Q: What kind of support options does Workday Financial Management offer?
Q: What other applications or services does Workday Financial Management integrate with?
Q: What type of training does Workday Financial Management provide?

Workday Financial Management Product Features

Accounting

Nonprofits Supported
Purchase Orders Supported
Accounts Payable Not Supported
Accounts Receivable Not Supported
Bank Reconciliation Not Supported
Billing & Invoicing Not Supported
CPA Firms Not Supported
Cash Management Not Supported
Cryptocurrency Support Not Supported
Expense Tracking Not Supported
Fixed Asset Management Not Supported
Fund Accounting Not Supported
General Ledger Not Supported
Government Not Supported
Multi-Currency Not Supported
Payroll Management Not Supported
Project Accounting Not Supported
Tax Management Not Supported

CPQ

Self Service Portal Not Supported
Approval Workflow Not Supported
Proposal Generation Not Supported
3D Modeling Not Supported
Guided Selling Not Supported
Quotes / Estimates Not Supported
Renewal Management Not Supported
Product Configurator Not Supported
eCommerce Not Supported
2D Drawing Not Supported

Expense Report

Reimbursement Management Not Supported
Workflow Management Not Supported
Receipt Management Not Supported
Spend Control Not Supported
Time Tracking Not Supported
Multi-Currency Not Supported
Invoice Management Not Supported
Approval Process Control Not Supported

Financial Management

Budgeting & Forecasting Not Supported
Revenue Recognition Not Supported
Consolidation / Roll-Up Not Supported
Risk Management Not Supported
Currency Management Not Supported
Investment Management Not Supported
Cash Management Not Supported
Tax Management Not Supported
Financial Reporting Not Supported
Project Management Not Supported

Financial Reporting

Audit Trail Not Supported
Balance Sheet Not Supported
Consolidation / Roll-Up Not Supported
Forecasting Not Supported
Multi-Department / Project Not Supported
Multi-Company Not Supported
Profit / Loss Statement Not Supported
Income Statements Not Supported
Cash Management Not Supported
"What If" Scenarios Not Supported
General Ledger Not Supported

Grant Management

Grant Opportunity Search Not Supported
Self-Registration Not Supported
Compliance Management Not Supported
Grant Award Tracking Not Supported
Grant Application Management Not Supported
Contract Management Not Supported

Procure to Pay

Billing & Invoicing Not Supported
Budgeting / Forecasting Not Supported
Compliance Management Not Supported
Contract Lifecycle Management Not Supported
Financial Reporting Not Supported
Integration Management Not Supported
Inventory Management Not Supported
Order Management Not Supported
Vendor Management Not Supported

Revenue Management

Price Optimization Not Supported
Recommendation Engine Not Supported
Forecasting Not Supported
Competitor Analysis Not Supported
Inventory Control Not Supported
For Airlines Not Supported
Yield Management Not Supported
Dynamic Pricing Not Supported
For Hospitality Industry Not Supported

Workday Financial Management Verified User Reviews

Write a Review
  • Ravikant K.
    Senior Analyst Finance
    Used the software for: 1-2 Years
    Frequency of Use: Daily
    User Role: User
    Company Size: 1,000 - 4,999
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Workday: Make finance easy for everyone"

    Edited 2026-04-30

    Pros: Workday finance is very much useful for financial management and reporting purpose. It provides customized dashboards as per the user need. User friendly and easy to use. We can say it's worthy for small, medium and large organisations.

    Cons: Everything is good but sometimes it took too much time to load the main screen. Rest all is well.

    Overall: Overall, It's good to use this software for financial management and we can get true picture of any organisation and deep dive into information which we need in the form of dashboards.

    Read More...
  • Previous
  • You're on page 1
  • Next