Workday, Inc.

Workday Spend Management

7.4 /10

Claim Software

What is Workday Spend Management?

Make expense reporting seamless. Easily capture, submit, and approve expense reports—at work or on the go—with expense reporting software from Workday. Lower costs, improved accuracy, better expense tracking, and faster reimbursements.

Company Details

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Awards & Recognition

Workday Spend Management won the following awards in the Expense Management category

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0 Top Rated Capabilities

1 Top Rated Features

2023

2023 Emotional Footprint Champion

2023

Service Experience
Product Impact
Conflict Resolution

2023

2022 Data Quadrant Gold Medalist

2022

2 Top Rated Capabilities

4 Top Rated Features

2022

2022 Emotional Footprint Champion

2022

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2022

1 Top Rated Capabilities

3 Top Rated Features

2021

Workday Spend Management Ratings

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

84 Likeliness to Recommend

95 Plan to Renew

83 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+91 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 Spend Management?

2% Negative

3% Neutral

95% Positive

Pros

Continually Improving Product
Security Protects
Fair
Performance Enhancing

Feature Ratings

Average 83

Expense Detail Tracking

Receipt Image Submission

Approval Workflow

Multi Currency

Expense Itemization

Optical Character Recognition

Single Sign-On (SSO)

Desktop Browser Support

Expense Policy Aware

Mobile App or Mobile Browser Support

Travel Profile

Vendor Capability Ratings

Average 77

Breadth of Features

Quality of Features

Product Strategy and Rate of Improvement

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Ease of Implementation

Ease of Customization

Workday Spend Management Reviews

Austin C.

Role: Information Technology
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Mar 2021

Capture, monitor, and control expenses easily

Likeliness to Recommend

10 /10

What differentiates Workday Spend Management from other similar products?

Intuitive and easy to use mobile capabilities Workday Expenses is a system that joins HR and expenses. You get value for your investment. Powerful and customizable workflows Full visibility and insight.

What is your favorite aspect of this product?

Since we implemented Workday Expenses expense reporting has been easy and effortless. Our staff is able to take pictures of their receipts and upload them using the Workday Expenses mobile app which makes managing expenses on the go effective. The user-friendly experience and robust functionality have helped capture, monitor, and control employee spend more accurately.

What do you dislike most about this product?

I have not seen any setbacks that come with the program it has just made expense tracking easy.

What recommendations would you give to someone considering this product?

We were searching for software that offers a fast and intuitive way to capture and submit expenses and Workday expenses delivered. It is a flexible solution to enforce spending policies and identify cost-saving opportunities.

Pros

Helps Innovate
Reliable
Enables Productivity
Trustworthy

Rosy O.

Role: Finance
Industry: Apparel
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Feb 2021

Detailed and unique software. Intuitive.

Likeliness to Recommend

10 /10

What differentiates Workday Spend Management from other similar products?

The software is very simply and it shows a very intuitive interface compared to other software that I have used in my previous jobs. The employee portal in particular gives detailed information and you can easily download reports and analytics for any data recorded in the software.

What is your favorite aspect of this product?

it's amazing for good enterprises and as an employee you can have visibility and a strong connection with every other employee in the world.

What do you dislike most about this product?

I do not like how they disclose the pricing information. it seems very unclear

What recommendations would you give to someone considering this product?

Transparency on pricing and customer support more efficient.

Pros

Continually Improving Product
Reliable
Performance Enhancing
Enables Productivity

sylverline c.

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

Validated Review

Verified Reviewer

Submitted Jan 2021

Awesome software

Likeliness to Recommend

7 /10

What differentiates Workday Spend Management from other similar products?

Easy of data integration and user friendly

What is your favorite aspect of this product?

To be able to upload my receipt digitally and the optical recognition of the software

What do you dislike most about this product?

It is not very handy when you are on the go and you have to use your mobile phone. it work best on laptop

What recommendations would you give to someone considering this product?

improve the mobile use. that way regardless of location the software can be use without stress

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

Workday Spend Management

What is Workday Spend Management?

Company Details

Need Assistance?

Awards & Recognition

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

2022 Emotional Footprint Champion

2021 Emotional Footprint Champion

2020 Data Quadrant Gold Medalist

2020 Emotional Footprint Champion

Workday Spend Management Ratings

84 Likeliness to Recommend

95 Plan to Renew

83 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+91 Net Emotional Footprint

How much do users love Workday Spend Management?

Pros

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

Expense Detail Tracking Expense information related to the expense, including reason, attendees, project and/or client information, and whether an expense is re-billable to a client.

Receipt Image Submission The ability to take or import photos of the receipts supporting the expense.

Approval Workflow Approval or non-approval of submitted expenses, as well as pre-approval of travel and accommodations reservations before bookings are allowed to be finalized.

Multi Currency The ability to record expenses in multiple currencies in a single report.

Expense Itemization Itemize expenses off a single receipt, identifying specific line items to a person or activity, taxes, tips, and/or rebillable/non-rebillable items.

Optical Character Recognition Extraction of relevant information off a receipt image, and auto-import into the expense record. This includes itemization, taxes, and gratuities.

Single Sign-On (SSO) Login authentication linked to corporate login credentials, and user account information auto-populated to the expense profile.

Desktop Browser Support Accessible from a web browser, anywhere and anytime, with the appropriate security measures.

Expense Policy Aware Configurable with the organization’s expense policy by blocking an expense or travel booking, or raising an alert that prompts for a rationale for exceptions.

Mobile App or Mobile Browser Support Facilitates the use of the mobile device to capture receipt images, allowing feature expense tracking and submission, with the convenience of mobility.

Travel Profile The ability to save and apply traveler preferences, such as seat preferences, frequent traveler loyalty card information, upgrade options, etc.

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

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.

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.

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.

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

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.

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.

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

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 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.

Workday Spend Management Reviews

Austin C.

Capture, monitor, and control expenses easily

Likeliness to Recommend

Pros

Rosy O.

Detailed and unique software. Intuitive.

Likeliness to Recommend

Pros

sylverline c.

Awesome software

Likeliness to Recommend

Pros

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Feature Ratings

Expense Detail Tracking

Receipt Image Submission

Approval Workflow

Multi Currency

Expense Itemization

Optical Character Recognition

Single Sign-On (SSO)

Desktop Browser Support

Expense Policy Aware

Mobile App or Mobile Browser Support

Travel Profile

Vendor Capability Ratings

Breadth of Features

Quality of Features

Product Strategy and Rate of Improvement

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Ease of Implementation

Ease of Customization

Quickbooks Expense Tracking