Emburse Chrome River vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emburse Chrome River
Score 9.2 out of 10
N/A
Chrome River EXPENSE is expense management software, from Chrome River Technologies in Los Angeles, California.N/A
Workday Financial Management
Score 7.9 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
Emburse Chrome RiverWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Emburse Chrome RiverWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsWe offer three cost-effective, subscription-based pricing models: A transaction-based model, priced according to expense report volume A submitter-based model, priced according to an average number of monthly submitters An enterprise-level model that includes unlimited expense reports. Pricing for this model is based on total employee headcount Feel free to contact us to discuss the best one for your organization.
More Pricing Information
Community Pulse
Emburse Chrome RiverWorkday Financial Management
Features
Emburse Chrome RiverWorkday Financial Management
Expense Management
Comparison of Expense Management features of Product A and Product B
Emburse Chrome River
8.8
Ratings
2% above category average
Workday Financial Management
-
Ratings
Employee Expense Reporting8.70 Ratings00 Ratings
Corporate Card Reconciliation9.00 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Emburse Chrome River
8.0
Ratings
2% below category average
Workday Financial Management
-
Ratings
Customizable Approval Policies8.30 Ratings00 Ratings
Financial Document Management5.00 Ratings00 Ratings
Payment Status Tracking9.00 Ratings00 Ratings
Payment Audit Trail9.00 Ratings00 Ratings
Duplicate Bill Detection8.30 Ratings00 Ratings
Advanced OCR8.50 Ratings00 Ratings
Electronic Funds Transfer8.00 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation00 Ratings8.70 Ratings
Benefit plan administration00 Ratings8.90 Ratings
Direct deposit files00 Ratings8.60 Ratings
Customization
Comparison of Customization features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration00 Ratings8.60 Ratings
Plug-ins00 Ratings8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability00 Ratings9.00 Ratings
Role-based user permissions00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards00 Ratings8.50 Ratings
Standard reports00 Ratings9.00 Ratings
Custom reports00 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable00 Ratings8.90 Ratings
Accounts receivable00 Ratings9.00 Ratings
Global Financial Support00 Ratings8.30 Ratings
Primary and Secondary Ledgers00 Ratings8.70 Ratings
Journals and Reconciliations00 Ratings8.90 Ratings
Configurable Accounting00 Ratings8.30 Ratings
Standardized Processes00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking00 Ratings9.00 Ratings
Automatic reordering00 Ratings8.60 Ratings
Location management00 Ratings8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Emburse Chrome River
-
Ratings
Workday Financial Management
9.1
Ratings
15% above category average
Credit card processing00 Ratings9.10 Ratings
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Emburse Chrome RiverWorkday Financial Management
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Score 2.8 out of 10
Infor VISUAL
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Score 8.0 out of 10
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Score 9.2 out of 10
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User Ratings
Emburse Chrome RiverWorkday Financial Management
Likelihood to Recommend
9.9
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
9.8
(0 ratings)
9.0
(0 ratings)
Usability
9.0
(0 ratings)
10.0
(0 ratings)
Availability
10.0
(0 ratings)
-
(0 ratings)
Performance
9.0
(0 ratings)
-
(0 ratings)
Support Rating
9.0
(0 ratings)
10.0
(0 ratings)
Online Training
9.0
(0 ratings)
-
(0 ratings)
Implementation Rating
9.8
(0 ratings)
-
(0 ratings)
Configurability
8.0
(0 ratings)
-
(0 ratings)
Ease of integration
6.0
(0 ratings)
-
(0 ratings)
Product Scalability
8.0
(0 ratings)
-
(0 ratings)
Vendor post-sale
10.0
(0 ratings)
-
(0 ratings)
Vendor pre-sale
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
Emburse Chrome RiverWorkday Financial Management
Likelihood to Recommend
Chrome River in my experience is suited to the employees being more independent when completing their reports, due to the extensive questions and steps. This allows us (the reviewers) to come in and assist the employees more efficiently. I think it fits well with out needs and easy to help our employees
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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
  • [Emburse] Chrome River listens to its customer's needs and does its best to match current products to those needs, or collaborate internally to determine if an enhancement can be made available that will not only benefit that customer, but will be a good use case for all Chrome River customers.
  • The [Emburse] Chrome River customer service team is great. Unlike most companies, you can speak to a liver person!
  • [Emburse] Chrome River's training offerings are relevant and pertinent to the day to day operations of the software.
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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
  • Would be great to have pre-saved templates available to apply to line items at the expense report header level rather than having to go into each line.
  • Would be nice to have a mass upload functionality for things like cost codes, allocations, and credit card users.
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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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Likelihood to Renew
Chrome River is easy to use. We needed little training for our users and instead pointed them to Chrome River's Help Guides which are clearly written and easy to understand. With tools SNAP and the ability to email receipts means we can be completely remote when submitting reports.
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No answers on this topic
Usability
I would rate Chrome River Expense a 10 because, as I mentioned before, it is very simple and easy to use. This is important from an administrative point-of-view as well as for the field employee. Being a general contractor, it makes it all the better for our employees to use a program that is easy to understand and requires little time and effort. It has made tracking expenses very simple and has been well received by the entire company.
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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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Reliability and Availability
The software is always running effectively. I use many Cloud based systems and never had issues with Chrome River
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No answers on this topic
Performance
System runs normal pretty much all the time. Does not slow any other systems down.
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No answers on this topic
Support Rating
I cannot tell you how relieved we were when utilizing Chrome River support in comparison to other Enterprise level software support centers. Tickets were quick and representatives were swift in [their callbacks] and resolutions to our common and most difficult problems. The team there is professional and makes each new support ticket a breeze.
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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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Online Training
The software is very user friendly, so the online training was easy to pickup for everyone.
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No answers on this topic
Implementation Rating
Before implementation begins, make sure you have a plan on how you would like your workflow and platform setup for a system like Chrome River. It will speed the process and eliminate the need to make changes when you go live.
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No answers on this topic
Alternatives Considered
The overall user interface was easy to use and it made the task of the reporting very easy. Compliance rules are guiding the users to correctly upload and enter receipts, which are already uploaded and recognized via OCR during the business trip. Uploading can easily done via APP, mail or receipt gallery. There is no need for storing paper. Chrome River is supporting digital archiving
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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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Scalability
It's very easy software to design to your needs.
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No answers on this topic
Return on Investment
  • We have seen a return on approver time of nearly 60% meaning our approvers have tripled their output.
  • We have had feedback from our users that time spent creating expenses has gone from an average of 2 hours to perhaps 20 minutes, tops.
  • We have seen in our dashboards that the Emburse Certify Suite of tools has returned an average savings of over $500K a year.
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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

Emburse Chrome River Screenshots

Screenshot of A consistent experience across any screen size or operating systemScreenshot of Simple, customizable tiles for expense entryScreenshot of Approve expenses directly from your inbox with a single click

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis