Workday, Inc.

Workday Enterprise Management Cloud

Composite Score

8.0 /10

CX Score

8.3 /10

25 Reviews Write a Review

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What is Workday Enterprise Management Cloud?

Enterprise resource planning (ERP) systems come with limitations. Even cloud-based ERP can slow you down. Workday introduces a new class of solutions—the enterprise management cloud—that is faster, smarter, and more agile. So you can run at your best and deliver extraordinary results.

Company Details

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Awards & Recognition

Workday Enterprise Management Cloud won the following awards in the Core Financial Management category

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Service Experience
Product Impact

2023

2022 Data Quadrant Gold Medalist

2022

1 Top Rated Capabilities

2 Top Rated Features

2022

Workday Enterprise Management Cloud Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Workday Enterprise Management Cloud.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

90 Likeliness to Recommend

1
Since last award

100 Plan to Renew

84 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Workday Enterprise Management Cloud?

5% Negative

3% Neutral

92% Positive

Pros

Performance Enhancing
Unique Features
Includes Product Enhancements
Appreciates Incumbent Status

Feature Ratings

Average 82

Budgeting Forecasting

Financial Analytics

General Ledger Chart of Accounts

Financial Reporting and Consolidation

Reporting and Analytics

Fixed Assets

Accounts Payable Purchase Orders

Cash Management

Tax Management

Order Management

Integration APIs

Vendor Capability Ratings

Average 83

Quality of Features

Breadth of Features

Ease of Implementation

Ease of Data Integration

Availability and Quality of Training

Usability and Intuitiveness

Business Value Created

Vendor Support

Ease of IT Administration

Ease of Customization

Product Strategy and Rate of Improvement

Also Featured in...

Enterprise Resource Planning - Enterprise

Score 7.9

View Workday Enterprise Management Cloud in this category (opens in a new tab)

Accounting - Midmarket

Score 7.6

View Workday Enterprise Management Cloud in this category (opens in a new tab)

Accounting - Enterprise

Score 7.6

View Workday Enterprise Management Cloud in this category (opens in a new tab)

Workday Enterprise Management Cloud Reviews

Kelvin N.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2021

Great financial planing and management platform

Likeliness to Recommend

9 /10

What differentiates Workday Enterprise Management Cloud from other similar products?

In Workday Financial Management, the workflows are mostly automated thus saving time consumed during manual work. It also provides a great Cloud solution on financial planning, cash and transactions management and excellent financial analytics.

What is your favorite aspect of this product?

Its ease of implementation and ease of use makes it an outstanding software. It makes it easy to import and export multiple files to other platforms thus making billing and invoicing simpler processes. It offers the users the ability to put together and manage different processes like billing, invoicing, reporting, financial planning and others all from a single platform and very easily.

What do you dislike most about this product?

It is a little bit complicated to use especially for beginners and training must be offered which sometimes consume time and money.

What recommendations would you give to someone considering this product?

Workday Financial Management has outstanding accounting features that will take your financial management experience to the next level. I recommend anyone to try it out and see the positive outcomes it will bring to your organization.

Pros

Reliable
Unique Features
Effective Service
Security Protects

Mariana J.

Role: Human Resources
Industry: Consulting
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2021

Comprehensive and easy financial management tool

Likeliness to Recommend

9 /10

What differentiates Workday Enterprise Management Cloud from other similar products?

Help improve financial consolidation, reducing closing time, improving audits and improving the connection of operations in a global way. There is an option to find all i need on my paycheck. It is more user-friendly and efficient.

What is your favorite aspect of this product?

It is easy to import and export multiple files to other platforms making it easy to do billing and invoices. You can assign invoices automatically. It is easy to use in logging time, requesting time off and seeing pay stubs. It has the ability to create workflows for requisitions and one can use logic to determine who the req should go to next for either more information or approval and you can base it on the requisition type, the assigned cost center, the program, the descriptive tags and more. Really good reports and reporting functions within the system.

What do you dislike most about this product?

Nothing. It is a great tool with exciting features that meet the objectives we had when employing it.

What recommendations would you give to someone considering this product?

I totally recommend this tool. It is the best choice you can get if you are looking forward toward an outstanding and powerful product for financial planning and management.

Pros

Performance Enhancing
Enables Productivity
Trustworthy
Unique Features

Role: Finance
Industry: Other
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Jul 2021

User friendly product

Likeliness to Recommend

10 /10

Pros

Helps Innovate
Continually Improving Product
Transparent
Reliable

Workday Enterprise Management Cloud

What is Workday Enterprise Management Cloud?

Company Details

Need Assistance?

Awards & Recognition

2024 Data Quadrant Gold Medalist

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

Workday Enterprise Management Cloud Ratings

90 Likeliness to Recommend

1 Since last award

100 Plan to Renew

84 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+90 Net Emotional Footprint

How much do users love Workday Enterprise Management Cloud?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Financial Analytics Ability to plan, track, report and analyze financial results and implications at an individual project or department level.

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Financial Reporting and Consolidation Timely access to financial data and financial information in the forms of reports or online. Financial reporting is generated in specific periods.

Reporting and Analytics Includes historical & real-time dashboard visualizations, detailed & summary reporting, sales forecasting & easy data extraction for data analysis.

Fixed Assets Support for asset registration, classification, retirement and disposal and support of depreciation methods and GL integration.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Cash Management Ability to effectively mange and control the cash cycle of the organization and ensure the organization has sufficient cash to meet its obligations.​

Tax Management Automates the process for calculating and filing taxes on behalf of the corporation.

Order Management Automates the process of quote-to-cash which is the taking, organizing, tracking and fulfillment of purchase requests of a company's products or services.

Integration APIs Ability of the solution to integrate with other enterprise functions.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Also Featured in...

Enterprise Resource Planning - Enterprise

Accounting - Midmarket

Accounting - Enterprise

Workday Enterprise Management Cloud Reviews

Kelvin N.

Great financial planing and management platform

Likeliness to Recommend

Pros

Mariana J.

Comprehensive and easy financial management tool

Likeliness to Recommend

Pros

User friendly product

Likeliness to Recommend

Pros

1
Since last award

Feature Ratings

Budgeting Forecasting

Financial Analytics

General Ledger Chart of Accounts

Financial Reporting and Consolidation

Reporting and Analytics

Fixed Assets

Accounts Payable Purchase Orders

Cash Management

Tax Management

Order Management

Integration APIs

Vendor Capability Ratings

Quality of Features

Breadth of Features

Ease of Implementation

Ease of Data Integration

Availability and Quality of Training

Usability and Intuitiveness

Business Value Created

Vendor Support

Ease of IT Administration

Ease of Customization

Product Strategy and Rate of Improvement