--- description: Review of Workday Financial Management Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Workday Financial Management | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Expense Report Software](/directory/427/expense-management/software) > [Workday Financial Management](/software/52993/workday-financial-management) # Workday Financial Management Canonical: https://www.softwareadvice.com.au/software/52993/workday-financial-management Page: 1 / 5\ Next: [Next page](https://www.softwareadvice.com.au/software/52993/workday-financial-management?page=2) > Workday Financial Management is a single cloud-based solution that assists global businesses of all sizes in a variety of industry verticals with financial planning, accounting, and transactions. Workday delivers user and administrative tools across financials, HR, planning, talent, payroll, analytics, student, and more from a single system. Workday’s Financial Management solutions include accounting and finance, revenue management, reporting and analytics, consolidating and closing, revenue management, accounting center, financial planning, expenses, procurement, and project accounting. Audit tools, inventory management, and grants management are also included. The Prism Analytics module allows users to upload data from other software solutions to create consolidated reports. Pricing is based on monthly subscriptions and support is offered via email and through an online help desk. > > Verdict: Rated **4.4/5** by 88 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 88 Reviews | | Ease of Use | 4.1/5 | Based on overall reviews | | Customer Support | 4.3/5 | Based on overall reviews | | Value for Money | 4.2/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Workday - **Location**: Pleasanton, US - **Founded**: 2005 ## Commercial Context - **Starting Price**: USD 50.00 - **Pricing model**: Per User - **Pricing Details**: Contact Workday for detailed pricing information. - **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English, French, German, Italian, Spanish - **Available Countries**: Australia, Canada, Denmark, Finland, France, Germany, Hong Kong SAR China, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Norway, Singapore, South Africa, Switzerland, Taiwan, Thailand and 2 more ## Features - "What If" Scenarios - ACH Payment Processing - API - Access Controls/Permissions - Accounting - Accounts Payable - Accounts Receivable - Activity Dashboard - Ad hoc Reporting - Aging Tracking - Alerts/Notifications - Anomaly Detection - Approval Process Control - Audit Management - Audit Planning - Audit Trail - Auditing - Automatic Billing - Bank Reconciliation - Billing & Invoicing ## Integrations (1 total) - Salesforce Platform ## Support Options - Email/Help Desk - Knowledge Base - Phone Support - 24/7 (Live rep) ## Category - [Expense Report Software](https://www.softwareadvice.com.au/directory/427/expense-management/software) ## Related Categories - [Expense Report Software](https://www.softwareadvice.com.au/directory/427/expense-management/software) - [Spend Management Software](https://www.softwareadvice.com.au/directory/4086/spend-management/software) - [Financial Risk Management Software](https://www.softwareadvice.com.au/directory/4165/financial-risk-management/software) - [Machine Learning Software](https://www.softwareadvice.com.au/directory/4358/machine-learning/software) - [Revenue Management Software](https://www.softwareadvice.com.au/directory/4267/revenue-management/software) ## Alternatives 1. [Sage Intacct](https://www.softwareadvice.com.au/software/1710/sage-intacct) — 4.3/5 (677 reviews) 2. [QuickBooks Online](https://www.softwareadvice.com.au/software/393202/quickbooks-online) — 4.3/5 (8429 reviews) 3. [Xero](https://www.softwareadvice.com.au/software/2976/xero) — 4.4/5 (3286 reviews) 4. [NetSuite](https://www.softwareadvice.com.au/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2018 reviews) 5. [QuickBooks Desktop](https://www.softwareadvice.com.au/software/17316/quickbooks-pro) — 4.4/5 (2556 reviews) ## Reviews ### "Excellent Financial Management Tool with Powerful Features" — 5.0/5 > **Ravikant** | *23 April 2026* | Accounting | Recommendation rating: 8.0/10 > > **Pros**: Workday Financial Management offers a clean and intuitive interface with powerful automation features that reduce manual work. The real-time reporting and analytics are extremely helpful for quick decision-making. I also liked its cloud-based accessibility, which allows working from anywhere, and its strong integration capabilities with other business systems. > > **Cons**: The initial setup and implementation can be time-consuming and may require expert support. There is also a learning curve for new users, especially for advanced features. Additionally, the cost may be a bit high for small businesses. > > Overall, my experience with Workday Financial Management has been very good. It has streamlined financial processes, improved accuracy, and saved a lot of time through automation. Despite a few challenges during the initial phase, it proves to be a reliable and efficient solution for managing financial operations. ----- ### "Business Application that Works like it Should" — 5.0/5 > **Siamak** | *8 August 2025* | Information Technology & Services | Recommendation rating: 10.0/10 > > **Pros**: Great integration with Payroll and HCM modules. Complete suite of financial modules. User-friendly user interface. > > **Cons**: A better integration with Adaptive Planning would be helpful. Some Financial dashboards are not available out of the box. > > We have streamlined most of our Finance processes using Workday Financials. It has an easy-to-use interface with a strong back-end for customizing business processes. Easy to onboard and integrate new company acquisitions. Great APIs for billing integration with 3rd party applications. ----- ### "Let's Get Back on Track" — 3.0/5 > **Kristine** | *11 February 2026* | Health, Wellness & Fitness | Recommendation rating: 8.0/10 > > **Pros**: My favorite aspect of Workday Financials is the ability to drill down to transaction level within reports. This is a great feature. > > **Cons**: I feel as though over the years Workday has pushed functionality into Production too soon; in other words many of the features are, in my opinion, at about 80-90% complete. Prime example would be recurring journals. The idea behind this is genius, however the fact that there is no BP for recurring journal templates sort of negates the idea of allowing these journals to post without approvals (which I imagine is what most customers want, myself included). Another example would be amortizing prepaid schedule installments - how many years have customers been asking to have the ability to schedule installments out to a certain DATE instead of 'Accounting Date Days Ahead'? > > I love Workday, I really do. I work hard to show this system off and make our employees fall in love with it. That being said, the last few years have been ROUGH trying to defend this system and company. I couldn't be more thrilled to see \[sensitive content hidden\] out and \[sensitive content hidden\] back in the driver's seat. Workday has deviated far from their core values and the things that made me originally fall in love with this system 6 years ago. STOP messing with the search functionality. Get rid of "simplified search" or allow it to be turned on/off tenant-wide. Why is it when I type in 'start prox', the Start Proxy task is the 7th in the list returned? Things like this happen all the time and cost us all time. Very frustrating. STOP over-complicating your customer support model. This has caused us so many issues and grief over the past 2 years. We have not been able to keep track of all the things - functional review, optimization package, etc etc etc. We start one and months in are told that we selected the wrong thing. So frustrating\! STOP over-engineering Community. Please bring back Brainstorms. ----- ### "Great experience using workday" — 5.0/5 > **Patricia** | *27 January 2026* | Banking | Recommendation rating: 10.0/10 > > **Pros**: One of the features I liked the most on workday is the design . It breaks all categories into a list and you can click through. > > **Cons**: The con is that it can become confusing until you get the hang of it. I found the way to request paid time to be confusing. > > My overall experience with workday is a positive experience since I did become proficient in using it. I liked how user friendly it was. ----- ### "Great Central Tool for Financial Management" — 4.0/5 > **Verified Reviewer** | *20 January 2025* | Retail | Recommendation rating: 9.0/10 > > **Pros**: It provides function that helps automate our accounts payable and account receivable flows for our international import shipments. > > **Cons**: It takes a lot of configuration and setup, and hard to onboard specific entities such as international customs and other logistics providers. > > We use it for processing invoices from import vendors and other international partners, and detect the data and automated the accounts receivable/payable process while providing detailed reports and identified exceptions. ----- Page: 1 / 5\ Next: [Next page](https://www.softwareadvice.com.au/software/52993/workday-financial-management?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/52993/workday-financial-management) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data