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87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Workday Financial Management logo
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89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Clear Books logo
Accounting Software

4.4 341 user ratings

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Overview

Description Workday Financial Management helps organizations to reduce financial risk in this ever-changing market. The software helps users to focus more on action and analysis and less on transaction processing with its deeper insight into finance management. It assures users the flexibility to adapt to new processes and track changes quickly. The software’s machine learning capability detects anomalies and offers recommendations to make more useful finance business processes. Workday Financial Management automatically transforms data related to business events into accounting, thereby simplifying the accounting processes. Users get maximum control over their companies’ finances by getting details about every transaction. It also helps them to manage risk and monitor compliance. With Workday Financial Management, finance teams can streamline their processes from contract to cash and record to report. The software also assists to create business strategies by continuous planning, analyzing and forecasting market trends, that provide them positive outcomes in the future. Read more Clear Books is an advanced online accounting software that helps Uk based small businesses control and manage their essential finances with more visibility. Used by freelancers, contractors, sole traders and small businesses alike, the software helps with invoicing, purchase tracking and financial reporting in no time. It can create and forward professionally customized invoices to customers directly. Also, Clear Books adds more clarity by providing a complete record of ready-to-review business purchases and employee wise expenses. Allocation of bank transactions to invoices and bills enables the organizations to keep track of the unpaid bills. Also, features like searching, sorting, listing and collating invoices offered by the same turns out to be of great help while looking out for customers and suppliers. Automatic reports and Digital VAT return facilities offered by Clear Books helps companies make informed decisions and proceed with submissions to the HMRC as per convenience. Finally, admins can take control of the vital business-specific information stored within the software by streamlining role-based access rights. Read more
Pricing Options
  • Free Trial Not Available
  • Offers Custom plan.
  • Free Trial Available
SW Score & Breakdown

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    100%
  • Reviews
    82%
  • Momentum
    61%
  • Popularity
    63%

89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    93%
  • Reviews
    85%
  • Momentum
    65%
  • Popularity
    82%
SaaSworthy Awards # 17 Highly Rated # 19 Fastest Growing # 11 Most Popular

Features

Total Features
17 Features
13 Features
Common Features for All
    Accounts Payable Handling the money owed by a business to its suppliers.
    Accounts Receivable Handling the money the client owes to the company.
    Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
    Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
    CPA Firms Offers collaboration with a professional expert for financial and consulting services.
    Cash Management Collection and management of cash.
    Collections Recovery of cash from a business or individual.
    Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
    Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
    General Ledger Maintaining and recording all the accounting related transactions.
    Multi-Currency Enables payment and collection in multiple currencies.
    Payroll Handling the salary payable to the employees
    Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
    Purchasing Acquiring goods or services required for the business at minimal cost
    Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
    Spend Management Managing the expenditure of a business in order to build its product or services
    Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 14 More - Show Less
    • Accounts Payable Handling the money owed by a business to its suppliers.
      Accounts Receivable Handling the money the client owes to the company.
      Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
      Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
      CPA Firms Offers collaboration with a professional expert for financial and consulting services.
      Cash Management Collection and management of cash.
      Collections Recovery of cash from a business or individual.
      Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
      Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
      General Ledger Maintaining and recording all the accounting related transactions.
      Multi-Currency Enables payment and collection in multiple currencies.
      Payroll Handling the salary payable to the employees
      Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
      Purchasing Acquiring goods or services required for the business at minimal cost
      Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
      Spend Management Managing the expenditure of a business in order to build its product or services
      Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 10 More - Show Less
  • Technical Details

    Organization Types Supported
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    Modes of Support
    • 24/7 (Live rep)
    • Business Hours
    • Online
    • 24/7 (Live rep)
    • Business Hours
    • Online
    API Support
    • NA
    • Available

    Reviews & Ratings

    User Rating
    2.9/5 390 user ratings
    4.4/5 341 user ratings
    Rating Distribution
    • Excellent

      24.1%
    • Very Good

      23.8%
    • Average

      9.2%
    • Poor

      2.3%
    • Terrible

      40.5%
    • Excellent

      70.1%
    • Very Good

      12.9%
    • Average

      9.4%
    • Poor

      3.8%
    • Terrible

      3.8%
    User Sentiments

      User-friendly interface, Comprehensive employee data management, Centralized HR functions, Real-time reporting and analytics

      Confusing navigation and menu structure, Time-consuming and complex processes, Security overkill and password issues, Limited customization options

      Easy to Use, Excellent Customer Support, Comprehensive Reporting, Seamless HMRC Integration

      Confusing Navigation and Taxonomy, Limited Bulk Edit Functionality, Occasional UI Clunkiness , Price Increases Despite Limited Feature Usage

    Review Summary

    Workday Financial Management receives positive feedback for its user-friendly interface, comprehensive features, and strong reporting capabilities. Reviewers appreciate its seamless integration with other Workday modules, enabling efficient data sharing and streamlined processes. The platform's adaptability and scalability are also highlighted, catering to the evolving needs of businesses. However, some users mention occasional performance issues and a learning curve associated with the implementation and setup. Overall, Workday Financial Management is praised for enhancing financial visibility, improving decision-making, and facilitating collaboration within finance teams.

    Overall, ClearBooks is a popular accounting software among small businesses and freelancers due to its user-friendly interface, strong invoicing capabilities, and comprehensive reporting features. Praised for its simplicity, intuitive design, and excellent customer support, ClearBooks empowers users with efficient bookkeeping and tax management. However, it may fall short for complex accounting needs or businesses requiring advanced features like inventory tracking or project management. While its pricing is generally considered affordable, some users have reported occasional glitches and limited customizability as areas for improvement.

      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Not Available
    • Offers Custom plan.
    • Free Trial Available
    Pricing Plans
    Monthly Plans Annual Plans

    Workday Financial Management Custom

    Small Others

    Medium Others

    Large Others

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Videos Video Thumbnail
    + 1 More
    Video Thumbnail
    + 1 More

    Vendor information

    Company Details Located in: Pleasanton, California Located in: London, United Kingdom
    Contact Details

    +1 866-951-9002

    https://www.workday.com/en-us/applications/financial-management.html

    +44 0203 475 4744

    https://www.clearbooks.co.uk

    Social Media Handles

    Not available

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