Epicor BisTrack vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Epicor BisTrack
Score 8.3 out of 10
N/A
Epicor BisTrack is business management software for lumber and building materials (LBM) dealers and distributors based on technology acquired with SolarSoft Business Systems in 2012. It covers inventory optimization, delivery dispatch, financial management, customer relationship management, and more recently warehouse management, as well as supplying business analytics.N/A
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
Epicor BisTrackWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Epicor BisTrackWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Epicor BisTrackWorkday Financial Management
Features
Epicor BisTrackWorkday Financial Management
Security
Comparison of Security features of Product A and Product B
Epicor BisTrack
7.8
Ratings
5% below category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability7.50 Ratings9.00 Ratings
Role-based user permissions8.10 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Epicor BisTrack
7.3
Ratings
1% above category average
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards7.00 Ratings8.50 Ratings
Standard reports7.90 Ratings9.10 Ratings
Custom reports6.90 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Epicor BisTrack
6.3
Ratings
20% below category average
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable7.00 Ratings8.90 Ratings
Accounts receivable6.00 Ratings9.00 Ratings
Journals and Reconciliations6.00 Ratings8.90 Ratings
Global Financial Support00 Ratings8.30 Ratings
Primary and Secondary Ledgers00 Ratings8.70 Ratings
Configurable Accounting00 Ratings8.30 Ratings
Standardized Processes00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Epicor BisTrack
7.6
Ratings
4% below category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking8.80 Ratings9.00 Ratings
Automatic reordering6.10 Ratings8.60 Ratings
Location management8.00 Ratings8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Epicor BisTrack
7.6
Ratings
3% below category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing7.00 Ratings00 Ratings
Order entry8.00 Ratings00 Ratings
Cost of goods sold7.90 Ratings00 Ratings
Credit card processing00 Ratings9.10 Ratings
Customization
Comparison of Customization features of Product A and Product B
Epicor BisTrack
5.0
Ratings
41% below category average
Workday Financial Management
8.5
Ratings
11% above category average
Plug-ins5.00 Ratings8.40 Ratings
API for custom integration00 Ratings8.60 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Epicor BisTrack
7.0
Ratings
7% below category average
Workday Financial Management
-
Ratings
Billing Management6.90 Ratings00 Ratings
Travel & Expense Management7.00 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.00 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Epicor BisTrack
7.3
Ratings
6% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling7.00 Ratings00 Ratings
Task Insight for Project Managers8.00 Ratings00 Ratings
Project Mobile Functionality7.00 Ratings00 Ratings
Definable Resource Pools7.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Epicor BisTrack
7.6
Ratings
9% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared8.00 Ratings00 Ratings
Contract Authoring8.00 Ratings00 Ratings
Contract Repository8.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated7.00 Ratings00 Ratings
Supplier Management7.00 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Epicor BisTrack
8.0
Ratings
20% above category average
Workday Financial Management
-
Ratings
Issue Detection8.00 Ratings00 Ratings
Remediation and Certification8.00 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Epicor BisTrack
7.2
Ratings
8% above category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization7.80 Ratings00 Ratings
Transportation Execution Management7.00 Ratings00 Ratings
Trade and Customs Management7.00 Ratings00 Ratings
Fulfillment Management7.00 Ratings00 Ratings
Warehouse Workforce Management7.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Epicor BisTrack
7.0
Ratings
6% below category average
Workday Financial Management
-
Ratings
Production Process Design7.00 Ratings00 Ratings
Production Management7.00 Ratings00 Ratings
Configuration Management7.00 Ratings00 Ratings
Work Execution7.00 Ratings00 Ratings
Manufacturing Costs7.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Epicor BisTrack
7.0
Ratings
2% below category average
Workday Financial Management
-
Ratings
Forecasting6.50 Ratings00 Ratings
Inventory Planning7.00 Ratings00 Ratings
Performance Monitoring7.50 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Epicor BisTrack
-
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
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User Ratings
Epicor BisTrackWorkday Financial Management
Likelihood to Recommend
8.1
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(0 ratings)
Usability
7.0
(0 ratings)
10.0
(0 ratings)
Support Rating
5.0
(0 ratings)
10.0
(0 ratings)
User Testimonials
Epicor BisTrackWorkday Financial Management
Likelihood to Recommend
Specifically Eipcor comes in handy daily by easily tracking manpower, deliveries, inspections, and other daily tracked items. It is well suited for day to day operations where others can fill in or pick up if somewhere were out of the office. Epicor is less appropriate in providing weekly updates to teams and customers. It is easier to extract the necessary information off of the software to generate your own reports then try to procure one using the software itself.
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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
  • Cross project communication
  • Direct customers, subcontractors and GC's through the construction process
  • Dynamically move between projects, changes and scopes
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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
  • Easier User Interface; hard to navigate or learn
  • Financial module could use improvement; i.e. the Accounts Receivable function is lacking and hard to find information easily
  • More customization of the built-in reporting and analytics
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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
Epicor BisTrack is essential for those in the lumber and building materials industry, especially if they are in the wholesale/distribution side of things. I provided the rating because I feel that BisTrack has contributed a lot for my company and provided with essential information for decision-making on a day-to-day basis. The score also reflects that while BisTrack is an essential software for my business, there is also room for improvement so that the end users will be able to obtain what they need from the software.
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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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Support Rating
Apologies, our company's IT department contacts support on our behalf. I have never contacted Epicor BisTrack's support myself; only through my company's IT team.
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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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Alternatives Considered
Epicor BisTrack helps keep track of things better and it in fact much easier to use.
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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
  • Increased overall efficiency in inventory management by 5%
  • ROI is positive
  • BisTrack provides a way for our business to conduct its day-to-day operations
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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