Oracle JD Edwards EnterpriseOne vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle JD Edwards EnterpriseOne
Score 8.3 out of 10
N/A
An ERP primarily aimed at medium-sized companies that combines financial management capabilities contain the familiar general ledger along with expense management, accounts payable and receivable (AP/AR), advanced cost accounting, and fixed asset accounting.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
Oracle JD Edwards EnterpriseOneWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Oracle JD Edwards EnterpriseOneWorkday 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
Oracle JD Edwards EnterpriseOneWorkday Financial Management
Features
Oracle JD Edwards EnterpriseOneWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.5
Ratings
4% above category average
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation9.00 Ratings8.70 Ratings
Benefit plan administration8.00 Ratings8.90 Ratings
Direct deposit files8.00 Ratings8.60 Ratings
Customization
Comparison of Customization features of Product A and Product B
Oracle JD Edwards EnterpriseOne
8.0
Ratings
5% above category average
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration8.00 Ratings8.60 Ratings
Plug-ins8.00 Ratings8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Oracle JD Edwards EnterpriseOne
8.5
Ratings
4% above category average
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability9.00 Ratings9.00 Ratings
Role-based user permissions8.00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.7
Ratings
6% above category average
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards7.00 Ratings8.50 Ratings
Standard reports8.00 Ratings9.10 Ratings
Custom reports8.00 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.2
Ratings
7% below category average
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable7.00 Ratings8.90 Ratings
Accounts receivable8.00 Ratings9.00 Ratings
Global Financial Support8.00 Ratings8.30 Ratings
Primary and Secondary Ledgers8.00 Ratings8.70 Ratings
Journals and Reconciliations8.00 Ratings8.90 Ratings
Configurable Accounting8.00 Ratings8.30 Ratings
Standardized Processes7.00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.9
Ratings
0% below category average
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking7.00 Ratings9.00 Ratings
Automatic reordering8.00 Ratings8.60 Ratings
Location management10.00 Ratings8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.2
Ratings
9% below category average
Workday Financial Management
9.1
Ratings
15% above category average
Pricing8.00 Ratings00 Ratings
Order entry9.00 Ratings00 Ratings
Credit card processing6.80 Ratings9.10 Ratings
Cost of goods sold8.10 Ratings00 Ratings
Order Orchestration9.00 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.0
Ratings
7% below category average
Workday Financial Management
-
Ratings
Billing Management8.00 Ratings00 Ratings
Cash and Asset Management7.00 Ratings00 Ratings
Travel & Expense Management9.00 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting5.70 Ratings00 Ratings
Period Close8.90 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.2
Ratings
6% below category average
Workday Financial Management
-
Ratings
Budgeting and Forecasting5.30 Ratings00 Ratings
Project Costing7.00 Ratings00 Ratings
Cost Capture6.80 Ratings00 Ratings
Capital Project Management6.90 Ratings00 Ratings
Customer Contract Compliance6.00 Ratings00 Ratings
Project Revenue Recognition7.50 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
8.8
Ratings
25% above category average
Workday Financial Management
-
Ratings
Project Planning and Scheduling8.00 Ratings00 Ratings
Task Insight for Project Managers9.00 Ratings00 Ratings
Project Mobile Functionality8.00 Ratings00 Ratings
Definable Resource Pools8.00 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.4
Ratings
1% below category average
Workday Financial Management
-
Ratings
Award Lifecycle Management7.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Oracle JD Edwards EnterpriseOne
6.9
Ratings
0% below category average
Workday Financial Management
-
Ratings
Bids Analyzed and Compared4.30 Ratings00 Ratings
Contract Authoring7.50 Ratings00 Ratings
Contract Repository7.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated8.00 Ratings00 Ratings
Supplier Management7.00 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.6
Ratings
15% above category average
Workday Financial Management
-
Ratings
Risk Repository8.30 Ratings00 Ratings
Control Management8.00 Ratings00 Ratings
Control Efficiency Assessments7.20 Ratings00 Ratings
Issue Detection6.70 Ratings00 Ratings
Remediation and Certification7.80 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Oracle JD Edwards EnterpriseOne
6.9
Ratings
3% above category average
Workday Financial Management
-
Ratings
Transportation Planning and Optimization7.00 Ratings00 Ratings
Transportation Execution Management7.00 Ratings00 Ratings
Trade and Customs Management5.50 Ratings00 Ratings
Fulfillment Management8.00 Ratings00 Ratings
Warehouse Workforce Management8.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Oracle JD Edwards EnterpriseOne
7.0
Ratings
6% below category average
Workday Financial Management
-
Ratings
Production Process Design4.80 Ratings00 Ratings
Production Management4.30 Ratings00 Ratings
Configuration Management8.30 Ratings00 Ratings
Work Execution9.00 Ratings00 Ratings
Manufacturing Costs9.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Oracle JD Edwards EnterpriseOne
6.3
Ratings
12% below category average
Workday Financial Management
-
Ratings
Forecasting5.40 Ratings00 Ratings
Inventory Planning8.00 Ratings00 Ratings
Performance Monitoring8.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Oracle JD Edwards EnterpriseOne
8.0
Ratings
11% above category average
Workday Financial Management
-
Ratings
Proposal Management8.00 Ratings00 Ratings
Product Master Data Management8.00 Ratings00 Ratings
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User Ratings
Oracle JD Edwards EnterpriseOneWorkday Financial Management
Likelihood to Recommend
10.0
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(0 ratings)
Usability
9.0
(0 ratings)
10.0
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
Oracle JD Edwards EnterpriseOneWorkday Financial Management
Likelihood to Recommend
If there are lot of complicated systems this might not be the best system. If you have only some complexity Oracle JD Edwards EnterpriseOne is a product a technical or application person can wrap their hands around and understand the whole system.
Read full review
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.
Read full review
Pros
  • JD Edwards is very configurable in handling different sales order entry scenarios.
  • JD Edwards can be customized to present focused information on the login screen of a user so a user can better focus on the applications or reports that are relevant to their job.
  • JD Edwards is also very effective in creating relationships between various customer accounts and the relationships between them.
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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.
Read full review
Cons
  • The interface is aging - The application has been around quite a while. Even with the more modern UI, it still feels like a 90's application and doesn't provide the quick augmentation options like what is found in Netsuite or cloud apps.
  • A premise based - It's an application that was built to run on mini/mainframe environments, which were great for its time. However, in comparison to the hand's free environments in the cloud, it requires more iron and humans to maintain the solution.
  • Speed to roll out new business models - It felt like, once you deployed a business setup, it was difficult to change and add new business features, especially those that contradict previous directions.
Read full review
  • 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
great design and continuous improvements
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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
No answers on this topic
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
It is simple to use and implement as compared to complex softwares in the market that may take ample amount of time to implement. The budget is also slightly less to provide the same functionality that other softwares are providing. Also having Oracle database that comes with the system is much easier to handle and use and have much security.
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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
  • The EnterpriseOne toolset is flexible and easily usable. Since they continue to invest and grow the product, we do get a good ROI out of it.
  • The software was already here and installed when I started at this company but the business users seemed to really like it and adapt to it well so it must feed the need to manage our inventory and financials, etc.
Read full review
  • 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