Infor VISUAL vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Infor VISUAL
Score 8.0 out of 10
N/A
Infor VISUAL is an ERP software focused on manufacturing companies with business intelligence, planning and scheduling, and pricing, quoting, and estimating capabilities, among others.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
Infor VISUALWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Infor VISUALWorkday 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
Infor VISUALWorkday Financial Management
Features
Infor VISUALWorkday Financial Management
Customization
Comparison of Customization features of Product A and Product B
Infor VISUAL
1.0
Ratings
153% below category average
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration1.00 Ratings8.60 Ratings
Plug-ins00 Ratings8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Infor VISUAL
9.0
Ratings
10% above category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability9.00 Ratings9.00 Ratings
Role-based user permissions9.00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Infor VISUAL
4.0
Ratings
57% below category average
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards8.00 Ratings8.50 Ratings
Standard reports2.00 Ratings9.00 Ratings
Custom reports2.00 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Infor VISUAL
7.4
Ratings
4% below category average
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable9.00 Ratings8.90 Ratings
Accounts receivable9.00 Ratings9.00 Ratings
Global Financial Support10.00 Ratings8.30 Ratings
Primary and Secondary Ledgers8.00 Ratings8.70 Ratings
Journals and Reconciliations10.00 Ratings8.90 Ratings
Configurable Accounting7.00 Ratings8.30 Ratings
Standardized Processes9.00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Infor VISUAL
8.0
Ratings
1% above category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking6.00 Ratings9.00 Ratings
Automatic reordering7.00 Ratings8.60 Ratings
Location management10.00 Ratings8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Infor VISUAL
9.7
Ratings
21% above category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing10.00 Ratings00 Ratings
Order entry10.00 Ratings00 Ratings
Cost of goods sold10.00 Ratings00 Ratings
Order Orchestration10.00 Ratings00 Ratings
Credit card processing00 Ratings9.10 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Infor VISUAL
8.6
Ratings
14% above category average
Workday Financial Management
-
Ratings
Billing Management8.00 Ratings00 Ratings
Cash and Asset Management10.00 Ratings00 Ratings
Travel & Expense Management10.00 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting10.00 Ratings00 Ratings
Period Close9.00 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Infor VISUAL
7.2
Ratings
6% below category average
Workday Financial Management
-
Ratings
Project Costing5.00 Ratings00 Ratings
Cost Capture8.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Infor VISUAL
3.2
Ratings
79% below category average
Workday Financial Management
-
Ratings
Production Process Design2.00 Ratings00 Ratings
Production Management5.00 Ratings00 Ratings
Configuration Management5.00 Ratings00 Ratings
Work Execution2.00 Ratings00 Ratings
Manufacturing Costs2.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Infor VISUAL
2.0
Ratings
112% below category average
Workday Financial Management
-
Ratings
Inventory Planning2.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Infor VISUAL
2.0
Ratings
112% below category average
Workday Financial Management
-
Ratings
Product Master Data Management2.00 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Infor VISUAL
-
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
Best Alternatives
Infor VISUALWorkday Financial Management
Small Businesses
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Score 8.9 out of 10
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Score 8.9 out of 10
Medium-sized Companies
Zoho One
Zoho One
Score 8.9 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
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User Ratings
Infor VISUALWorkday Financial Management
Likelihood to Recommend
10.0
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
8.0
(0 ratings)
9.0
(0 ratings)
Usability
10.0
(0 ratings)
10.0
(0 ratings)
Support Rating
9.0
(0 ratings)
10.0
(0 ratings)
Implementation Rating
2.0
(0 ratings)
-
(0 ratings)
User Testimonials
Infor VISUALWorkday Financial Management
Likelihood to Recommend
The original version of Visual Manufacturing (Lilly Software) was intended for mechanical manufacturing. It was adapted at our facility (we were not the first) to accomodate electronic manufacturing. For electronic manufacturing process control it is not ideal when referencing in-line or custom processes used to build product. For material control it is excellent unless a modification to a standard product is required (and we did this on 60% of product going out the door). The co-product feature that removes material from an assembly requires the creator of the work order to calculate the percentage of cost the removed items are from the completed product. On the business operations side regional tax reports were difficult to extract and an external module to go into the data base and extract that had to be created. The system itself was stable for the most part. Occasional "data collisions" corrupted transactions at times. The accounting procedures in place found them by the end of the month .where they were corrected. For a small business with less formal processes Infor Visual can be used with little training for the operators. If the processes need a higher level of accountability and control the processes can be formalized with workflow scripts to ensure that higher level of control.
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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
  • Part/BOM libraries
  • Traceability from customer order to work order
  • Job status representation
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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
  • At times a "shadow part" is necessary in the manufacturing process. This shadow part does not require an inventory transaction but is made a as a separate process - sometimes out of sequence to the general process flow. Infor Visual ver 6.3.5 does not have that capability.
  • When generating forms for business and manufacturing operations Infor Visual ver 6.3.5 has a limited number of options. To change or add forms requires an unsupported editor. When the stock and custom options are depleted an outside programming module is required as well as programmers to develop the forms.
  • While free software upgrades to the main operations modules have been part of the maintenance agreement. One upgrade required database and hardware support not justifiable for the current business model. The system was frozen at the current version at that time.
  • There is no easy way to differentiate between engineering documentation and production documentation.
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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
Good Technical and Customer Support during and after implementation tasks. Good Project Plan and Management support for implementation and post implementation. Financial functionality could be more comprehensive particularly with Budgeting and Cash Management. Inventory Management capability was adequate but could be more comprehensive as well. "Out of the Box" functionality was adequate but requested add-ons and enhancements seemed to be a bit pricey.
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No answers on this topic
Usability
Because of use cases and easy implementation and the vertical and horizontal scaling.
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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
As we have seen the live environment and the use cases where we implement.
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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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Implementation Rating
Could have used more hands-on approach. There are multiple webinars and information sessions but until you actually use the system, these are not very helpful.
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No answers on this topic
Alternatives Considered
We unfortunately did not evaluate any other ERP software. VISUAL was a legacy system and we determined that changing systems would be too difficult, and not cost effective. We reached out to our local VISUAL rep who knew how the software functioned, but not how to apply it more appropriately to our business model, so we continued on with what we had rather than looking elsewhere.
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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
  • Good Billing provided
  • Easy to implement and use
  • scales vertical and horizontal
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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