Workday Financial Management Reviews & Product Details

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Workday Financial Management Overview

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What is Workday Financial Management?

Workday Financial Management is built on a global foundation that provides organizations with the core financial management capabilities expected from a modern cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations. By using an in-memory architecture and object data model, Workday has delivered a single system that supports transaction processing, multidimensional reporting, consolidation, planning, and compliance—all using a consistent user experience accessible from desktop or mobile devices. Key feature areas: Accounting and Finance Audit and Internal Controls Revenue Management Reporting and Analytics Global Financial Reporting and Consolidation Financial Planning Projects Expenses Procurement Inventory Grants Management Project Billing

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Workday

1,623 reviews

Workday Financial Management Details
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German, English, French, Italian, Japanese, Portuguese, Spanish, Chinese (Simplified)
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Product Description

Workday Financial Management is built on an adaptive, global foundation that provides organizations with the core financial management capabilities expected from a cloud solution. It goes well beyond just managing financial processes to achieve greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations. By using in-memory and an object data model, Workday has delivered a single system that supports transaction processing, multidimensional reporting, consolidation, planning, and compliance—all using a consistent user experience accessible from desktop or mobile devices.

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Workday

Description

Workday helps organizations manage their most important assets – their people and money. Workday is built with AI at the core to enhance outputs for its more than 10,500 global customers – from SMBs looking to accelerate growth to 60% of the Fortune 500.

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Elspeth Magoria

Workday Financial Management Integrations

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Recent Workday Financial Management Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Complete Solutions Software"
The first thing you’ll notice is the ease of use with the user interface. Easy to find tabs and buttons that react upon interaction. Transitions fr...
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Carlos B.
CB
Carlos B.Small-Business (50 or fewer emp.)
4.0 out of 5
"Good"
Seems efficient and great and provides an excellent review
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ST
Samarth T.Enterprise (> 1000 emp.)
4.0 out of 5
"A great tool for all your Finance Management needs"
Approval process that is very streamlined
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171 Workday Financial Management Reviews

4.1 out of 5
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171 Workday Financial Management Reviews
4.1 out of 5
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Workday Financial Management Pros and Cons

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Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Verified User in Internet
UI
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
Products used within Workday: Workday Financial Management
What do you like best about Workday?

What I like best about Workday is how easy and reliable the platform is. It's easy to navigate where you need to go, and the platform always ensures that you get paid the correct amount and that the invoices are processed immediately! I use Workday almost every week, and there's never any hassle! Review collected by and hosted on G2.com.

What do you dislike about Workday?

One downside about Workday is that it is only in charge of invoices and payments and doesn't handle other aspects of your work life at your respective company. Review collected by and hosted on G2.com.

What problems is Workday solving and how is that benefiting you?

Workday is solving the problem of me getting the invoices to my employer because as a freelancer, it would be very diffcult to relay the invoice otherwise. Review collected by and hosted on G2.com.

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Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
Products used within Workday: Workday Financial Management
What do you like best about Workday?

It is widely used among several different companies so employees are familiar with the platform. It's user interface is easy to read and quick to implement for new employees. I use Workday at least once a week, whether to check on my pay stub or to complete required company trainings. Review collected by and hosted on G2.com.

What do you dislike about Workday?

There isn't anything that stands out that is a negative for this platform. Review collected by and hosted on G2.com.

What problems is Workday solving and how is that benefiting you?

Clear communication regarding pay stubs, team structure, and learning courses. Review collected by and hosted on G2.com.

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NA
Computer Scientist 2
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
Products used within Workday: Workday Financial Management, Workday Talent Management
What do you like best about Workday?

easy to learn with clear features

user friendly and provides well clarity on compensation and time-off tracking.

easy to navigate

suitable for any size organisation Review collected by and hosted on G2.com.

What do you dislike about Workday?

not very mobile friendly, fonts are small Review collected by and hosted on G2.com.

What problems is Workday solving and how is that benefiting you?

timeoff management, employee profile search Review collected by and hosted on G2.com.

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ST
Senior Salesforce Developer
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Workday Financial Management?

Approval process that is very streamlined Review collected by and hosted on G2.com.

What do you dislike about Workday Financial Management?

Navigation is sometimes redundant and bit confusing Review collected by and hosted on G2.com.

What problems is Workday Financial Management solving and how is that benefiting you?

Streamlined our Expense Management process Review collected by and hosted on G2.com.

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Verified User in Food Production
UF
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Workday Financial Management?

The first thing you’ll notice is the ease of use with the user interface. Easy to find tabs and buttons that react upon interaction. Transitions from one tab to another, as well as data input is seamless. Creating and adding information to your dedicated database is easy and easily replicated. Review collected by and hosted on G2.com.

What do you dislike about Workday Financial Management?

Of no fault of Workday but more so an ISP issue, realizing that Workday has been affected by an ISP issue could prove to be a bit of a nuisance. Review collected by and hosted on G2.com.

What problems is Workday Financial Management solving and how is that benefiting you?

Live updates and ease of database management Review collected by and hosted on G2.com.

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Shivangi J.
SJ
Intermediate Corporate Accountant (Real Estate Industry)
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Workday Financial Management?

It helped me track my finances and tuition fee paid to school Review collected by and hosted on G2.com.

What do you dislike about Workday Financial Management?

It felt a bit glitchy and late to respond Review collected by and hosted on G2.com.

What problems is Workday Financial Management solving and how is that benefiting you?

It helps keeping all the financial information at one place and organise them for users. It helped me to understand my financial obligations to school Review collected by and hosted on G2.com.

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Workn 2.
W2
Small Business Owner
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic Review from User Profile
Products used within Workday: Workday Financial Management, Workday Talent Management
What do you like best about Workday?

The ease of having multiple options in order to track your pay schedule, fees, benefits, etc. Review collected by and hosted on G2.com.

What do you dislike about Workday?

I have no dislikes about the Workday program. Review collected by and hosted on G2.com.

What problems is Workday solving and how is that benefiting you?

Workday makes it easier to get pdf files, etc. Review collected by and hosted on G2.com.

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Admin Approval Link
SM
Ass Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
Products used within Workday: Workday Financial Management, Workday Talent Management
What do you like best about Workday?

Help adapt to changing business needs and manage workforce finances Review collected by and hosted on G2.com.

What do you dislike about Workday?

There are real time insights on this platform, nothing seems to be disliked. Review collected by and hosted on G2.com.

What problems is Workday solving and how is that benefiting you?

improving employee engagement and providing a positive work experience Review collected by and hosted on G2.com.

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KS
Accountant
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Workday Financial Management?

It's so efficient. It really gets done what I need Review collected by and hosted on G2.com.

What do you dislike about Workday Financial Management?

It doesn't always keep past data as long as I would like Review collected by and hosted on G2.com.

What problems is Workday Financial Management solving and how is that benefiting you?

It saves so much time. It makes more efficient at my job Review collected by and hosted on G2.com.

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Carlos B.
CB
Associate Senior Recruiter
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Workday Financial Management?

Seems efficient and great and provides an excellent review Review collected by and hosted on G2.com.

What do you dislike about Workday Financial Management?

I believe it takes some time to figure it out Review collected by and hosted on G2.com.

What problems is Workday Financial Management solving and how is that benefiting you?

Accommodation Review collected by and hosted on G2.com.

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