Epicor Prophet 21 is an ERP for distributors, allowing companies to manage their supply chain with one ERP, with industry-specific functionality, cloud-based applications to modernize operations, connected ecosystems to ensure visibility across the organization and AI-infused solutions to drive efficiencies.
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Workday Financial Management
Score 7.9 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 Prophet 21
Workday Financial Management
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Epicor Prophet 21
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
Epicor Prophet 21
Workday Financial Management
Features
Epicor Prophet 21
Workday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Epicor Prophet 21
6.6
Ratings
8% below category average
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation
8.00 Ratings
8.70 Ratings
Benefit plan administration
6.70 Ratings
8.90 Ratings
Direct deposit files
5.90 Ratings
8.60 Ratings
Customization
Comparison of Customization features of Product A and Product B
Epicor Prophet 21
9.0
Ratings
17% above category average
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration
9.00 Ratings
8.60 Ratings
Plug-ins
9.00 Ratings
8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Epicor Prophet 21
8.6
Ratings
5% above category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability
9.30 Ratings
9.00 Ratings
Role-based user permissions
8.00 Ratings
9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Epicor Prophet 21
6.4
Ratings
12% below category average
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards
6.00 Ratings
8.50 Ratings
Standard reports
6.00 Ratings
9.00 Ratings
Custom reports
7.00 Ratings
8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Epicor Prophet 21
6.0
Ratings
25% below category average
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable
5.80 Ratings
8.90 Ratings
Accounts receivable
5.80 Ratings
9.00 Ratings
Global Financial Support
3.00 Ratings
8.30 Ratings
Primary and Secondary Ledgers
1.20 Ratings
8.70 Ratings
Journals and Reconciliations
9.00 Ratings
8.90 Ratings
Configurable Accounting
5.80 Ratings
8.30 Ratings
Standardized Processes
5.80 Ratings
9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Epicor Prophet 21
1.7
Ratings
129% below category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking
2.20 Ratings
9.00 Ratings
Automatic reordering
2.20 Ratings
8.60 Ratings
Location management
1.30 Ratings
8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Epicor Prophet 21
8.0
Ratings
2% above category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing
8.00 Ratings
00 Ratings
Order entry
8.00 Ratings
00 Ratings
Credit card processing
7.00 Ratings
9.10 Ratings
Cost of goods sold
8.00 Ratings
00 Ratings
Order Orchestration
8.00 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Epicor Prophet 21
4.2
Ratings
56% below category average
Workday Financial Management
-
Ratings
Billing Management
5.80 Ratings
00 Ratings
Cash and Asset Management
5.80 Ratings
00 Ratings
Travel & Expense Management
4.50 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
1.20 Ratings
00 Ratings
Period Close
1.30 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Epicor Prophet 21
9.0
Ratings
17% above category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting
9.00 Ratings
00 Ratings
Project Costing
9.00 Ratings
00 Ratings
Cost Capture
9.00 Ratings
00 Ratings
Capital Project Management
9.00 Ratings
00 Ratings
Customer Contract Compliance
9.00 Ratings
00 Ratings
Project Revenue Recognition
9.00 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Epicor Prophet 21
1.0
Ratings
149% below category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling
1.00 Ratings
00 Ratings
Task Insight for Project Managers
1.00 Ratings
00 Ratings
Project Mobile Functionality
1.00 Ratings
00 Ratings
Definable Resource Pools
1.00 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Epicor Prophet 21
4.9
Ratings
41% below category average
Workday Financial Management
-
Ratings
Award Lifecycle Management
4.00 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Epicor Prophet 21
1.8
Ratings
118% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared
1.20 Ratings
00 Ratings
Contract Authoring
9.00 Ratings
00 Ratings
Contract Repository
1.20 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
1.20 Ratings
00 Ratings
Supplier Management
1.20 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Epicor Prophet 21
1.2
Ratings
138% below category average
Workday Financial Management
-
Ratings
Risk Repository
1.20 Ratings
00 Ratings
Control Management
1.20 Ratings
00 Ratings
Control Efficiency Assessments
1.20 Ratings
00 Ratings
Issue Detection
1.20 Ratings
00 Ratings
Remediation and Certification
1.00 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Epicor Prophet 21
1.1
Ratings
143% below category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization
1.20 Ratings
00 Ratings
Transportation Execution Management
1.20 Ratings
00 Ratings
Trade and Customs Management
1.00 Ratings
00 Ratings
Fulfillment Management
1.20 Ratings
00 Ratings
Warehouse Workforce Management
1.20 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Epicor Prophet 21
1.0
Ratings
152% below category average
Workday Financial Management
-
Ratings
Production Process Design
1.00 Ratings
00 Ratings
Production Management
1.00 Ratings
00 Ratings
Configuration Management
1.00 Ratings
00 Ratings
Work Execution
1.00 Ratings
00 Ratings
Manufacturing Costs
1.00 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Epicor Prophet 21
3.0
Ratings
81% below category average
Workday Financial Management
-
Ratings
Forecasting
1.20 Ratings
00 Ratings
Inventory Planning
8.50 Ratings
00 Ratings
Performance Monitoring
1.20 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Good for distribution organizations with warehousing. Can also support both Accounts Receivable and Accounts Payable, although a more thorough Accounting package is recommended. Is strong when it comes to integrating bar codes and scanners, particularly for warehouse maintenance. Prophet 21 does include a basic CRM offering. However, it is very basic, and for any real Customer Resource management, a third-party tool is best (even recommended by Epicor.)
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.
As an open database, Epicor Prophet 21 not only gives you access directly to strategic information, its interface makes finding it convenient and efficient while allowing the use of industry standard reporting tools to manipulate reports and data.
The Wireless Warehouse package has been invaluable to the efficiency of our warehouse operations. Inventory flow, picking accuracy and stocking effectiveness have all improved.
One of the most valuable features of Epicor Prophet 21 is its support staff. They have always been responsive and knowledgeable with a focus on solving problems. They show an understanding of how important it is to correct any disruptive issues in as short a time as possible.
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.
PO Requirements Generation - We need the ability to add items on the fly in PORG.
In Order Entry - You have one Carrier ID for the entire order. Sometimes items need to ship different ways. It would be extremely helpful to have a Carrier by item option to be used to change one item to UPS Red, one to will call or whatever is needed. We struggle with this daily and it adds time for our takers and often due to this shipping is confused by the instructions and things are shipped incorrectly.
When doing imports if something errors out the error log is very hard to read and understand. Better descriptions and maybe not such technical wording would help us to understand it better.
When sending acknowledgments more options to select multiple contact. You can manually type them but would be nice to just select multiple contacts. Many times we are sending to more than one person so we have to manually type the email address for the second person.
When sending an email out of P21 add the ability to add an attachment on to that email.
I've used Epicor Prophet 21 for about 12 years (in various iterations). It started out as CommerceCenter by Prophet 21 then became Prophet 21 by Activant and then Prophet 21 by Epicor. So frequently, when a software company is acquired, it stops being great. That has not been the case with Epicor Prophet 21. Over the years they've been under Epicor, the product has just gotten better and better, with major extensibility enhancements and new mobile components coming online.
Overall, I love using Prophet 21. With a few rare exceptions, functions within the application have been streamlined so they can be used with as few clicks and key presses as possible. That's not to say they've given up any functionality. The platform is incredibly powerful; just easy to use.
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.
When hosted locally, you don't have to worry about outages unless the power goes out and the battery backups fail. It can also be hosted in the cloud which is as reliable as your internet connection. There's really no concern for outages in the software by itself. Outages are controlled by external factors.
I do feel like there are some screens and reports that could be streamlined. Prophet 21 likes to load features all at once when going into a program but a quicker load time into order entry, for example, is worth having a little latency while a non-essential tab that doesn't get used very often is opened.
The support is some of the worst I've seen across all the 122 software vendors we work with. Everything is offshore and it is always vague answers, links to wiki's that don't apply, and when we pay for project support they charge $200 an hour for someone who works remote from Mexico to call you on a poor quality VoIP connection that isn't all that well trained and often doesn't have basic IT skills
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 on-site training was great. I give it a 9 because the trainer was a chain smoker who had to excuse herself a lot to smoke. Kind of unprofessional. She was a very good trainer though.
I had a great time with the online training. Most of the online trainings were live which meant you had opportunity to interact with instructors. I liked trying to derail them by posting funny comments to the chat window. The only complaint I had about these is they weren't recorded for later use. Well, another complaint is that they were sometimes too short.
The overall implementation is smooth. Prophet 21 sends someone on-site for as many days as you need them to step through the initial implementation. Data conversion is the biggest trick. Make sure you get help with that portion of implementation. Also, be sure to offer plenty of training incentives to keep people coming back for more training. A little money spent up front will save you tons of headaches later.
It is very useful for a distributor that is handling inventory and customer data. Epicor Prophet 21 gives easy access to their database and it is reasonably priced.
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.
Prophet 21 is very reliable. The database is robust and well designed. The application is also hard to break. If there's one feature I don't like, it's that they haven't accounted for the dreaded single quote. That's kind of the bane of Microsoft SQL's existence. They need to escape that character in every field that will accept it in the system. Otherwise, the system throws all kinds of errors and many times will crash.
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