Epicor Kinetic is a customizable, scalable, product-centric cloud ERP designed specifically for manufacturers.
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Workday Financial Management
Score 8.0 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
Epicor Kinetic
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Epicor Kinetic
Workday Financial Management
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Epicor Kinetic
Workday Financial Management
Features
Epicor Kinetic
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Epicor Kinetic
7.4
13 Ratings
3% above category average
Workday Financial Management
8.4
19 Ratings
16% above category average
Pay calculation
7.713 Ratings
8.719 Ratings
Benefit plan administration
7.79 Ratings
8.916 Ratings
Direct deposit files
6.39 Ratings
8.616 Ratings
Customization
Comparison of Customization features of Product A and Product B
Epicor Kinetic
7.5
27 Ratings
1% below category average
Workday Financial Management
8.5
17 Ratings
11% above category average
API for custom integration
9.025 Ratings
8.614 Ratings
Plug-ins
6.022 Ratings
8.416 Ratings
Security
Comparison of Security features of Product A and Product B
Epicor Kinetic
9.0
38 Ratings
10% above category average
Workday Financial Management
9.0
21 Ratings
10% above category average
Single sign-on capability
9.031 Ratings
9.021 Ratings
Role-based user permissions
9.038 Ratings
9.019 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Epicor Kinetic
9.0
38 Ratings
22% above category average
Workday Financial Management
8.7
23 Ratings
19% above category average
Dashboards
9.037 Ratings
8.523 Ratings
Standard reports
9.037 Ratings
9.020 Ratings
Custom reports
9.033 Ratings
8.618 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Epicor Kinetic
7.6
37 Ratings
2% below category average
Workday Financial Management
8.5
19 Ratings
10% above category average
Accounts payable
9.035 Ratings
8.914 Ratings
Accounts receivable
9.036 Ratings
9.014 Ratings
Global Financial Support
9.016 Ratings
8.315 Ratings
Primary and Secondary Ledgers
9.017 Ratings
8.715 Ratings
Journals and Reconciliations
9.020 Ratings
8.912 Ratings
Configurable Accounting
9.018 Ratings
8.315 Ratings
Standardized Processes
9.019 Ratings
9.116 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Epicor Kinetic
9.4
37 Ratings
17% above category average
Workday Financial Management
8.7
8 Ratings
10% above category average
Inventory tracking
9.036 Ratings
9.08 Ratings
Automatic reordering
9.921 Ratings
8.68 Ratings
Location management
9.029 Ratings
8.57 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Epicor Kinetic
8.9
40 Ratings
12% above category average
Workday Financial Management
9.1
9 Ratings
15% above category average
Pricing
9.037 Ratings
00 Ratings
Order entry
9.040 Ratings
00 Ratings
Credit card processing
7.219 Ratings
9.19 Ratings
Cost of goods sold
9.039 Ratings
00 Ratings
Order Orchestration
9.916 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Epicor Kinetic
8.7
23 Ratings
15% above category average
Workday Financial Management
-
Ratings
Billing Management
9.018 Ratings
00 Ratings
Cash and Asset Management
9.019 Ratings
00 Ratings
Travel & Expense Management
5.713 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.914 Ratings
00 Ratings
Period Close
8.218 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Epicor Kinetic
9.2
19 Ratings
19% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting
9.015 Ratings
00 Ratings
Project Costing
8.016 Ratings
00 Ratings
Cost Capture
10.017 Ratings
00 Ratings
Capital Project Management
9.011 Ratings
00 Ratings
Customer Contract Compliance
9.09 Ratings
00 Ratings
Project Revenue Recognition
9.012 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Epicor Kinetic
7.6
14 Ratings
9% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
7.612 Ratings
00 Ratings
Task Insight for Project Managers
5.47 Ratings
00 Ratings
Project Mobile Functionality
7.25 Ratings
00 Ratings
Definable Resource Pools
7.36 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Epicor Kinetic
7.8
7 Ratings
5% above category average
Workday Financial Management
-
Ratings
Award Lifecycle Management
8.03 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Epicor Kinetic
8.1
14 Ratings
16% above category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
8.75 Ratings
00 Ratings
Contract Authoring
9.04 Ratings
00 Ratings
Contract Repository
7.75 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
6.08 Ratings
00 Ratings
Supplier Management
9.011 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Epicor Kinetic
7.9
3 Ratings
19% above category average
Workday Financial Management
-
Ratings
Risk Repository
8.02 Ratings
00 Ratings
Control Management
8.03 Ratings
00 Ratings
Control Efficiency Assessments
8.02 Ratings
00 Ratings
Issue Detection
8.02 Ratings
00 Ratings
Remediation and Certification
8.02 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Epicor Kinetic
7.3
11 Ratings
9% above category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization
7.75 Ratings
00 Ratings
Transportation Execution Management
7.04 Ratings
00 Ratings
Trade and Customs Management
7.04 Ratings
00 Ratings
Fulfillment Management
5.18 Ratings
00 Ratings
Warehouse Workforce Management
7.76 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Epicor Kinetic
8.6
21 Ratings
15% above category average
Workday Financial Management
-
Ratings
Production Process Design
9.016 Ratings
00 Ratings
Production Management
9.020 Ratings
00 Ratings
Configuration Management
9.014 Ratings
00 Ratings
Work Execution
9.016 Ratings
00 Ratings
Manufacturing Costs
9.020 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Epicor Kinetic
9.2
22 Ratings
26% above category average
Workday Financial Management
-
Ratings
Forecasting
9.018 Ratings
00 Ratings
Inventory Planning
9.021 Ratings
00 Ratings
Performance Monitoring
9.016 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Epicor is an excellent system for most manufacturing customers and offers several features previously only offered on the very large (e.g. Oracle, PeopleSoft, etc) level platforms. Yet the pricing is mid-level, and the expandability through additional modules provides a great opportunity for future business growth. The architecture is easily scalable, fast, and offers great options for both on premise and hosted systems. Epicor is flexible, and large enough that regular updates and enhancements continue to be adopted to improve functionality and effectiveness. It is however, not for everyone. Competition in this sector is very good, with several mid-level systems being available at a similar price point. If you are considering adopting a new ERP system and are in the plastics space, you also owe it to yourself and your team to consider IQMS, which is becoming a de-facto standard in this segment. Also, for specific medical sectors, you will find that Epicor software validation for CFR Part 11 compliance can be quite costly-- although the software is capable of supporting this with modification. Overall, Epicor is a solid choice. Ultimately, it will be up to your team to determine what works best for your needs. You won't be disappointed with Epicor if you do the due diligence and take the time needed to properly review and demo the product. Remember though, demos are typically "best case" staged, so be sure to throw several curveballs at your vendor and bring out the unique requirements of your business.
Workday is well suited for managing employees throughout their full life cycle. It excels at housing employee data from the start of their time with the company through their departure. Workday is less suited to payroll functions, which could be more robust.
Epicor has the best product configurator that I have seen on the market. This was one of the main reasons we went with Epicor, and have not been disappointed at all.
Epicor is also one of the easiest ERP system to learn, and has many ways for users to get training. Epicor University, on-line courses, or class room settings, also user conference every year, and user support groups.
The Enterprise search ability in Epicor is great, can find parts, customers, suppliers, etc. so easily. And if you can't remember where a report or task that you want to do is on the menu, you can search for that also.
The flexibility of going beyond handling the accounts, where we can handle cash, assets, and accounting simultaneously for the customer.
The single platform offers grants management where you can organize the lifecycle of the grants and synchronize it with any criteria of grant closing out scheme.
I personally liked Project billing with the essence of evaluating project revenue and nice reporting templates that can be shared with the customer at any stage of the project while having the flexibility of auditing the reported cost.
I give this rating because the software has good functionality and usability. The system does not crash and can also be maintained under overall conditions in any business function. We utilize this to communicate effectively in various areas and make informed business decisions. This is highly rated as we make other changes to our organization
Workday is easy enough navigate, as long as it is properly set up. With that said, it can be put together in a modular fashion as well, allowing for a very high degree of flexibility in terms of design and process delegation. Finally, it makes consolidation achievable in times previously unthinkable.
If the answer to your problem is not readily available in an answer book, your response or solution will take months, if you get one at all. Problems need to be sent to support and duplicated by them before they try to fix it. This is extremely frustrating because you have to prove to Epicor that you are having an issue. If by some miracle you get by this barrier, your problem is submitted to development for review. You can't speak to them or communicate in any way directly. This group appears to be completely unconcerned about user issues or customer service. Our experiences have been negative across the board.
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.
Everyone at our organization really appreciated "made 2 manage" because of all of the quick access and some of the capabilities in accounting. So far, Epicor is much more advanced but the two can stand side by side. These two programs cannot really be compared just because it's just not fair to compare an on-site server ERP system to a cloud-based one.
Despite Airtable also being easier to use one thing that differentiates and put forth Workday Financial Management tool above is it's key features and better suited functionality for handling confidential data. The other positive note where Workday Financial Management performs high is it key analytics tool that's easier to use and representation of information into insightful dashboards.
The software is pretty easy to use. Things are pretty clear on how to do them and if you don't know how to do something they have instructions on how to do them or you get an error code telling you exactly what to do. I have been satisfied with my overall experience.
The ROI can be hard to quantify. We spend more time setting up and entering information up front, but we spend less time than before trying to track project costs so that evens out. Purchasing the system and implementing it was very expensive, but the benefit is the the better information can save money on projects as we know where best to spend our time and identify potential problems earlier on a project. We believe it will have a positive impact, but I'd say it will take a few years (3-4) to be worth it.
We were able to combine 4 different HR modules into one system.
We reduced data breach incidents by 95% after shifting to Workday. One of our legacy softwares had vulnerabilities.
The initial learning curve was higher than projected. We spent about a week to 10 days extra time deploying it, which affected the profit center that year.