The ABB Ability Solution Suite is an enterprise ERP product suite designed for asset-intensive industries like power generation and water management.
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Workday Financial Management
Score 7.8 out of 10
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Workday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…
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Pricing
ABB Ability Solution Suite
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
ABB Ability Solution Suite
Workday Financial Management
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
ABB Ability Solution Suite
Workday Financial Management
Features
ABB Ability Solution Suite
Workday Financial Management
Customization
Comparison of Customization features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
27% above category average
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration
10.00 Ratings
8.60 Ratings
Plug-ins
10.00 Ratings
8.40 Ratings
Security
Comparison of Security features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
20% above category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability
10.00 Ratings
9.00 Ratings
Role-based user permissions
10.00 Ratings
9.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
23% above category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking
10.00 Ratings
9.00 Ratings
Location management
10.00 Ratings
8.50 Ratings
Automatic reordering
00 Ratings
8.60 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
24% above category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing
10.00 Ratings
00 Ratings
Order entry
10.00 Ratings
00 Ratings
Cost of goods sold
10.00 Ratings
00 Ratings
Credit card processing
00 Ratings
9.10 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
38% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
10.00 Ratings
00 Ratings
Task Insight for Project Managers
10.00 Ratings
00 Ratings
Project Mobile Functionality
10.00 Ratings
00 Ratings
Definable Resource Pools
10.00 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
30% above category average
Workday Financial Management
-
Ratings
Production Process Design
10.00 Ratings
00 Ratings
Production Management
10.00 Ratings
00 Ratings
Configuration Management
10.00 Ratings
00 Ratings
Work Execution
10.00 Ratings
00 Ratings
Manufacturing Costs
10.00 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
34% above category average
Workday Financial Management
-
Ratings
Forecasting
10.00 Ratings
00 Ratings
Inventory Planning
10.00 Ratings
00 Ratings
Performance Monitoring
10.00 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
ABB Ability Solution Suite
10.0
Ratings
33% above category average
Workday Financial Management
-
Ratings
Proposal Management
10.00 Ratings
00 Ratings
Product Master Data Management
10.00 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
ABB Ability Solution Suite
-
Ratings
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation
00 Ratings
8.70 Ratings
Benefit plan administration
00 Ratings
8.90 Ratings
Direct deposit files
00 Ratings
8.60 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
ABB Ability Solution Suite
-
Ratings
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards
00 Ratings
8.50 Ratings
Standard reports
00 Ratings
9.10 Ratings
Custom reports
00 Ratings
8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Of course this is the one of the best solution available in the market at present. When you have Multiple system in a plant then you need a powerful tool for Computation which Ability does it smoothly.
Our primary model for budgeting revenue is centered on patient counts. Missed assumptions early in the year result in massive ramifications over the balance of the year. Workday formulas allowed us to write formulas to project the recovery of such shortfalls over a variable length of time, resulting in realistic projections for overcoming said shortfalls.
We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.
One of the best solutions in the market with a user-friendly system. This is very useful when the ABB system (Like we had 800xA) is there, new or existing; all the ABB systems can be integrated using this rather than going to a 3rd party vendor, which may have interface problems.
Workday Financial Management is an easy to use, productive software suite that really brings all departments together and improved workplace efficiency. Before we began using the software, much info was partitioned in random places that were not clearly labeled or accessible to all shareholders. We are very pleased with Workday Financial Management.
Good support in terms of quality and promptness. When we had problems with some of the commands not getting executed, their online support also provided a good solution to solve the problem. Even mission-critical task we were able to solve during this Pandemic time. The suggestion is to go for the online support 1st in the future, followed by a visit.
Our support team has been awesome. They are extremely knowledgeable and have been able to guide us through all of the challenges we have faced. Workday's community online is also extremely helpful with many trainings and help topics that can be reviewed at your convenience.
The application data of users in the case of PeopleSoft is stored in its proprietary data storage, whereas Workday Financial Management connects to outside databases to create analytics reports. Therefore, this option uplifts the need to use Workday Financial Management as an interactive tool of business intelligence. The release model of Workday Financial Management is ahead of Oracle because it has a continual announcement of more functionality that is a very attractive incentive for our project management team for improving and developing the ongoing operational streams.
Workday has helped my employer save money over the past couple of year by tracking time of employees and how long were days looking like.
It has enables us to make better decisions by hiring more people instead of paying overtime to those who already work in order to have the right work/leisure balance
The platform has also helped us to redesign our policies after seeing when employees were clocking in and clocking out and track people who were showing up late for work