Chargezoom vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Chargezoom
Score 9.4 out of 10
N/A
Chargezoom helps companies automate and integrate payments. Chargezoom also eliminate manual processes and data entry and creates a customizable payment portal that stores multiple payment details.
$20
per month
Workday Financial Management
Score 7.8 out of 10
N/A
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…N/A
Pricing
ChargezoomWorkday Financial Management
Editions & Modules
Sync in real time
$20
per month
Automate
$40
per month
Enterprise
59.00+
per month
No answers on this topic
Offerings
Pricing Offerings
ChargezoomWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
ChargezoomWorkday Financial Management
Features
ChargezoomWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Chargezoom
8.4
Ratings
8% above category average
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation8.00 Ratings8.70 Ratings
Benefit plan administration8.00 Ratings8.90 Ratings
Direct deposit files8.00 Ratings8.60 Ratings
Salary revision and increment management9.00 Ratings00 Ratings
Reimbursement management9.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Chargezoom
8.5
Ratings
11% above category average
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration9.00 Ratings8.60 Ratings
Plug-ins8.00 Ratings8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Chargezoom
8.0
Ratings
4% below category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability8.00 Ratings9.00 Ratings
Role-based user permissions8.00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Chargezoom
8.3
Ratings
5% above category average
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards9.00 Ratings8.50 Ratings
Standard reports8.00 Ratings9.10 Ratings
Custom reports8.00 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Chargezoom
8.3
Ratings
6% above category average
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable8.00 Ratings8.90 Ratings
Accounts receivable8.00 Ratings9.00 Ratings
Cash management8.00 Ratings00 Ratings
Bank reconciliation8.00 Ratings00 Ratings
Expense management8.00 Ratings00 Ratings
Time tracking8.00 Ratings00 Ratings
Fixed asset management8.00 Ratings00 Ratings
Multi-currency support8.00 Ratings00 Ratings
Multi-division support9.00 Ratings00 Ratings
Regulations compliance9.00 Ratings00 Ratings
Electronic tax filing8.00 Ratings00 Ratings
Self-service portal8.00 Ratings00 Ratings
Global Financial Support8.00 Ratings8.30 Ratings
Primary and Secondary Ledgers8.00 Ratings8.70 Ratings
Intercompany Accounting9.00 Ratings00 Ratings
Localizations9.00 Ratings00 Ratings
Journals and Reconciliations8.00 Ratings8.90 Ratings
Enterprise Accounting9.00 Ratings00 Ratings
Configurable Accounting8.00 Ratings8.30 Ratings
Centralized Rules Framework9.00 Ratings00 Ratings
Standardized Processes9.00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Chargezoom
8.5
Ratings
15% above category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking9.00 Ratings9.00 Ratings
Automatic reordering8.00 Ratings8.60 Ratings
Location management9.00 Ratings8.50 Ratings
Manufacturing module8.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Chargezoom
8.3
Ratings
7% above category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing8.00 Ratings00 Ratings
Order entry9.00 Ratings00 Ratings
Credit card processing8.00 Ratings9.10 Ratings
Cost of goods sold8.00 Ratings00 Ratings
Order Orchestration8.00 Ratings00 Ratings
End-to-end order visibility8.00 Ratings00 Ratings
Order exception Resolution9.00 Ratings00 Ratings
Best Alternatives
ChargezoomWorkday Financial Management
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ChargezoomWorkday Financial Management
Likelihood to Recommend
8.0
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(0 ratings)
Usability
-
(0 ratings)
10.0
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
ChargezoomWorkday Financial Management
Likelihood to Recommend
Chargezoom is a tool that offers automated solutions powered by machine learning to enable trusted data throughout the organization, it is a solution that I like because it has the power to provide quality service with options that allow us to minimize the risk of sensitive data , comply with data privacy regulations, manage data governance and quality safely and easily.
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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.
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Pros
  • Chargezoom is a data management platform that works securely, simply and efficiently by creating an understanding of our data assets by simplifying data privacy compliance. It is a tool that works extremely well with features and functions that fit our needs.
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  • 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.
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Cons
  • Chargezoom helps my organization automate compliance with data privacy regulations, persistently tracks and manages all data across the organization making privacy compliance easy and reliable across all data, sources and locations. Data privacy compliance is an important measure we take at my organization to comply with data protection laws and regulations by protecting people and taking control of the information that is used and shared.
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  • The automatic save function isn't always active for the cloud version. I'm not sure if it is a glitch or a settings issue.
  • There are some limitations to customizations.
  • Updates don't go through properly on the system, leading to downtime issues.
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Usability
No answers on this topic
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.
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Support Rating
No answers on this topic
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.
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Alternatives Considered
Select Chargezoom because it is of great help in my organization for helping us to know the critical data elements, data risks, compliance and quality classification and organization easily and securely all data with confidential tracking with wonderful plans that motivate users to move forward and obtain great results from start to finish.
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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.
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Return on Investment
  • Chargezoom is a service that solves data challenges, allowing data to be discovered safely and easily. It is a platform that works perfectly, adjusting to any need, it is flexible, easy to configure and the results it offers are wonderful.
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  • 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
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ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis