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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 ![]()
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76% 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 ![]()
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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 | Global PayEx is an AI-powered platform designed for working capital optimisation in B2B accounts payable (AP) and accounts receivable (AR). Simply put, Global PayEX offers working capital efficiency leveraging extensive and sophisticated AI-driven AP and AR monitoring solutions. The software is capable of improving all metrics of working capital including DPOs, DSOs, cash conversion cycle (CCC), reconciliation costs and time, unapplied receipts. The inbuilt technology is such that it processes millions of payments and invoices with automated reconciliation to the ERP systems. Some of the notable products of Global PayEx for AR include FinEX, FreePay, AlgoriQ, Request to Pay and e-Proof of Delivery. For AP, the products are AP Automation and AP Financing. Request to Pay enables end-to-end AR automation through an invoice presentment via a customised link for view, payment, reconciliation and ERP posting. PayEX Scheme Management enables corporates in managing trade schemes, commissions and payouts for their customers. PayEX Pact enables banks to support OPGSP transactions, compliance and regulatory reporting. Read more |
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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
|
76% 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
|
SaaSworthy Awards | # 17 Highly Rated |
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Total Features |
17 Features
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7 Features
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Common Features for All |
Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing and Invoicing
CPA Firms
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Multi-Currency
Payroll
Project Accounting
Purchasing
Revenue Recognition
Spend Management
Tax Management
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Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing and Invoicing
CPA Firms
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Multi-Currency
Payroll
Project Accounting
Purchasing
Revenue Recognition
Spend Management
Tax Management
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Organization Types Supported |
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Platforms Supported |
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Modes of Support |
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User Rating |
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Rating Distribution |
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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 |
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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. |
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Read All User Reviews |
AI-Generated from the text of User Reviews
Pricing Options |
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Pricing Plans
Monthly Plans
Annual Plans
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Workday Financial Management Custom |
Global PayEX Custom |
View Detailed Pricing
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View Detailed Pricing
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Videos |
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Company Details | Located in: Pleasanton, California | Located in: Mumbai, India |
Contact Details |
+1 866-951-9002 https://www.workday.com/en-us/applications/financial-management.html |
+91 (22) 6140 3616 |
Social Media Handles |
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