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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Odoo Accounting

    Score7 out of 10
    N/AOdoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…

    $24.90

    per month billed yearly per user

    Workday Financial Management

    Score7.8 out of 10
    N/AWorkday 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
    Odoo AccountingWorkday Financial Management
    Editions & Modules
    One App Free
    $0
    Standard
    $24.90
    per month billed yearly per user
    Standard
    $31.10
    per month per user
    Custom
    $37.40
    per month billed yearly per user
    Custom
    $46.80
    per month per user
    No answers on this topic
    Offerings
    Pricing Offerings
    Odoo AccountingWorkday Financial Management
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsThe Standard and Custom plans include the Odoo apps for a single fee.—
    More Pricing Information
    Community Pulse
    Odoo AccountingWorkday Financial Management
    Considered Both Products
    Odoo
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    96%
    Would buy again
    22 Answers
    Delivers good value for the price
    No answers on this topic
    95%
    Delivers good value for the price
    20 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    18 Answers
    Implementation went as expected
    No answers on this topic
    89%
    Implementation went as expected
    16 Answers
    Features
    Odoo AccountingWorkday Financial Management
    Payroll Management
    Comparison of Payroll Management features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    7.0
    1 Ratings
    10% below category average
    Workday Financial Management
    8.4
    19 Ratings
    16% above category average
    Pay calculation7.01 Ratings8.719 Ratings
    Reimbursement management7.01 Ratings00 Ratings
    Benefit plan administration00 Ratings8.916 Ratings
    Direct deposit files00 Ratings8.616 Ratings
    Security
    Comparison of Security features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    3% above category average
    Workday Financial Management
    9.0
    21 Ratings
    10% above category average
    Role-based user permissions8.62 Ratings9.019 Ratings
    Single sign-on capability00 Ratings9.021 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    9.1
    2 Ratings
    14% above category average
    Workday Financial Management
    8.7
    23 Ratings
    19% above category average
    Dashboards8.62 Ratings8.523 Ratings
    Standard reports8.62 Ratings9.120 Ratings
    Custom reports10.01 Ratings8.718 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    10% above category average
    Workday Financial Management
    8.5
    19 Ratings
    10% above category average
    Accounts payable9.12 Ratings8.914 Ratings
    Accounts receivable9.12 Ratings9.014 Ratings
    Cash management9.12 Ratings00 Ratings
    Bank reconciliation9.12 Ratings00 Ratings
    Expense management9.12 Ratings00 Ratings
    Fixed asset management8.01 Ratings00 Ratings
    Multi-currency support9.12 Ratings00 Ratings
    Self-service portal10.01 Ratings00 Ratings
    Global Financial Support8.01 Ratings8.315 Ratings
    Primary and Secondary Ledgers7.01 Ratings8.715 Ratings
    Intercompany Accounting8.62 Ratings00 Ratings
    Localizations8.62 Ratings00 Ratings
    Journals and Reconciliations8.62 Ratings8.912 Ratings
    Enterprise Accounting10.01 Ratings00 Ratings
    Configurable Accounting9.12 Ratings8.315 Ratings
    Centralized Rules Framework7.01 Ratings00 Ratings
    Standardized Processes7.01 Ratings9.116 Ratings
    Inventory Management
    Comparison of Inventory Management features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    7.3
    1 Ratings
    1% below category average
    Workday Financial Management
    8.7
    8 Ratings
    10% above category average
    Inventory tracking7.01 Ratings9.08 Ratings
    Automatic reordering7.01 Ratings8.68 Ratings
    Location management7.01 Ratings8.57 Ratings
    Manufacturing module8.01 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    7.7
    2 Ratings
    0% below category average
    Workday Financial Management
    9.1
    9 Ratings
    15% above category average
    Pricing8.01 Ratings00 Ratings
    Order entry8.01 Ratings00 Ratings
    Credit card processing8.62 Ratings9.19 Ratings
    Cost of goods sold8.62 Ratings00 Ratings
    End-to-end order visibility7.01 Ratings00 Ratings
    Order exception Resolution6.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Odoo Accounting and Workday Financial Management
    Feature
    Odoo Accounting
    8.0
    1 Ratings
    5% above category average
    Workday Financial Management
    8.5
    17 Ratings
    11% above category average
    Plug-ins8.01 Ratings8.416 Ratings
    API for custom integration00 Ratings8.614 Ratings
    Best Alternatives
    Odoo AccountingWorkday Financial Management
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    Zoho One
    Score8.9 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    Zoho One
    Score8.9 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    Microsoft Dynamics AX (discontinued)
    Score9.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Odoo AccountingWorkday Financial Management
    Likelihood to Recommend
    9.5
    (2 ratings)
    8.9
    (23 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    9.1
    (2 ratings)
    10.0
    (5 ratings)
    Support Rating
    8.1
    (2 ratings)
    10.0
    (5 ratings)
    User Testimonials
    Odoo AccountingWorkday Financial Management
    Likelihood to Recommend
    Odoo
    I found out that a tile store near me uses this app. Odoo Invoicing is well suited to most businesses. Perhaps somebody with very little accounting background would find it difficult to use. That said with customer support options and the online training videos they offer, this could be overcome in most cases.
    Incentivized
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    Workday
    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.
    Incentivized
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    Pros
    Odoo
    • Simple and easy to use Integrated Accounting Software
    • Affordable subscriptions option for cost saving
    • Highly customizable options available
    Incentivized
    Read full review
    Workday
    • 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.
    Incentivized
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    Cons
    Odoo
    • Synchronize Merchant Processor Accounts
    Incentivized
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    Workday
    • Some of the Workday updates last till like 10 in the morning which prevents employees to clock in and check their times and some cases their schedules
    • Workday can work on opening documents quicker instead of taking couple of minutes or notifying the user when they are ready to download
    Incentivized
    Read full review
    Usability
    Odoo
    I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
    Incentivized
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    Workday
    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.
    Incentivized
    Read full review
    Support Rating
    Odoo
    Odoo has two forms of support.
    1. Success packs where you get a Single Point of Contact (SPoC). This is great.
    2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
    Incentivized
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    Workday
    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.
    Incentivized
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    Alternatives Considered
    Odoo
    Odoo Accounting is a simple, easy-to-use, and user-friendly accounting solution in terms of cost efficiency and the knowledge to use it. Odoo has a wide range of applications available and very customizable according to its modular structure. In addition, it is not very complex to use for the users and will be familiar with the system interfaces within a short period.
    Incentivized
    Read full review
    Workday
    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.
    Incentivized
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    Return on Investment
    Odoo
    • Low cost
    • More Automation
    • Centralized Management
    Incentivized
    Read full review
    Workday
    • 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.
    Incentivized
    Read full review
    ScreenShots

    Odoo Accounting Screenshots

    Product screenshot

    Workday Financial Management Screenshots

    Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis