Workday Financial Management vs Upflow Comparison

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

Accounting Software

2.9 390 user ratings

Get Free Advice

82% 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

Upflow

Accounting Software

4.8 116 user ratings

Get Free Advice

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	Upflow helps to finish up with your unpaid invoices and maintain a seamless transaction and paying experience. It helps you to manage the follow-ups of the invoices starting from the process of recovery until the payment. It enhances the management of the business using a real-time view at the receivables. It has optimised billing tracking with an all-inclusive dashboard, financial indicators and average payment time alerts. It has a systematic client recovery system that defines stimulus action so that there will not be any unpaid invoice. It contains custom recovery plans that are capable of adapting stimulus channels with the involvement of good interlocuters. By using the services provided by Upflow, the customers can adopt new methods of payment to make sure the payment is done quickly and conveniently. It enables simplified payment method for customer convenience by providing diversified payment modes and automatic banking reconciliation. It is very easy to integrate the software with the environment. It keeps your existing billing and accounting tools connected with each other and successfully revolutionises the management of receivables in minutes. Read more
Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $440.00. Offers Free-forever and Custom plan.
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%	82% 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 86% Reviews 75% Momentum 62% Popularity 75%
SaaSworthy Awards	# 17 Highly Rated	Not Available

Features

Total Features	17 Features	10 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 + 7 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	24/7 (Live rep) Online	24/7 (Live rep) Online
API Support	NA	Available

Reviews & Ratings

User Rating	2.9/5 390 user ratings	4.8/5 116 user ratings
Rating Distribution	Excellent 24.1% Very Good 23.8% Average 9.2% Poor 2.3% Terrible 40.5%	Excellent 78.4% Very Good 19.8% Average 1.7% Poor 0% Terrible 0%
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	Ease of Use, Excellent Customer Support, Seamless Integrations, Automated Reminders Limited Customization Options, Occasional Syncing Issues, Lack of In-app Calling Feature, Limited Invoice Editing capabilities
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.	Upflow is a popular SaaS solution for streamlining accounts receivable (A/R) management and improving cash flow. Users consistently praise its ease of use, time-saving automation, and intuitive interface. The platform integrates seamlessly with popular accounting systems like QuickBooks and NetSuite, enabling users to automate dunning processes, track customer payments, and generate detailed reports. While some users suggest the need for more payment platform integrations and more robust analytics features, Upflow consistently receives positive feedback for its user-friendly approach, responsive support, and ability to accelerate collection processes.
	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 Starts at $440.00. Offers Free-forever and Custom plan.
Pricing Plans Monthly Plans Annual Plans	Workday Financial Management Custom	Discover Free Grow $440.00 $489.00 per month Scale $880.00 $978.00 per month Enterprise Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Sage Accounting (Sage One) 4.6 40 ratings Workday Financial Management Vs Sage Accounting (Sage One) Oracle EBS Financials 3.9 2,701 ratings Workday Financial Management Vs Oracle EBS Financials AccountsIQ 4.6 60 ratings Workday Financial Management Vs AccountsIQ Firm360 5 23 ratings Workday Financial Management Vs Firm360 Sage Business Cloud Accounting 4.2 440 ratings Workday Financial Management Vs Sage Business Cloud Accounting	QuickFile 4.8 2,696 ratings Upflow Vs QuickFile FinFloh 5 17 ratings Upflow Vs FinFloh Denario Upflow Vs Denario Invoiced 4.7 470 ratings TimePay Upflow Vs TimePay
	View All Workday Financial Management Alternatives	View All Upflow Alternatives