Webexpenses vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Webexpenses
Score 9.1 out of 10
N/A
Webexpenses is a global provider of spend management solutions, combining integrated Expense Cards with cloud-based software for businesses of all sizes across 70+ countries. Serving industries such as retail, finance, technology, construction, and not-for-profit, Webexpenses gives businesses control over company spending by automating processes, proactively enforcing policies, and controlling costs. Features The Webexpenses…
$54
per month (up to 15 users on the small business plan)
Workday Financial Management
Score 8.0 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
WebexpensesWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
WebexpensesWorkday Financial Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup Fee$250 undefinedNo setup fee
Additional Details
More Pricing Information
Community Pulse
WebexpensesWorkday Financial Management
Features
WebexpensesWorkday Financial Management
Expense Management
Comparison of Expense Management features of Product A and Product B
Webexpenses
8.5
77 Ratings
1% below category average
Workday Financial Management
-
Ratings
Employee Expense Reporting8.677 Ratings00 Ratings
Corporate Card Reconciliation8.338 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Webexpenses
8.3
70 Ratings
1% above category average
Workday Financial Management
-
Ratings
Customizable Approval Policies8.153 Ratings00 Ratings
Financial Document Management7.937 Ratings00 Ratings
Payment Status Tracking8.266 Ratings00 Ratings
Payment Audit Trail8.648 Ratings00 Ratings
Duplicate Bill Detection8.338 Ratings00 Ratings
Advanced OCR7.825 Ratings00 Ratings
Electronic Funds Transfer8.835 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
8.4
19 Ratings
16% above category average
Pay calculation00 Ratings8.719 Ratings
Benefit plan administration00 Ratings8.916 Ratings
Direct deposit files00 Ratings8.616 Ratings
Customization
Comparison of Customization features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
8.5
17 Ratings
11% above category average
API for custom integration00 Ratings8.614 Ratings
Plug-ins00 Ratings8.416 Ratings
Security
Comparison of Security features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
9.0
21 Ratings
10% above category average
Single sign-on capability00 Ratings9.021 Ratings
Role-based user permissions00 Ratings9.019 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
8.7
23 Ratings
19% above category average
Dashboards00 Ratings8.523 Ratings
Standard reports00 Ratings9.020 Ratings
Custom reports00 Ratings8.618 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
8.5
19 Ratings
10% above category average
Accounts payable00 Ratings8.914 Ratings
Accounts receivable00 Ratings9.014 Ratings
Global Financial Support00 Ratings8.315 Ratings
Primary and Secondary Ledgers00 Ratings8.715 Ratings
Journals and Reconciliations00 Ratings8.912 Ratings
Configurable Accounting00 Ratings8.315 Ratings
Standardized Processes00 Ratings9.116 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
8.7
8 Ratings
10% above category average
Inventory tracking00 Ratings9.08 Ratings
Automatic reordering00 Ratings8.68 Ratings
Location management00 Ratings8.57 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Webexpenses
-
Ratings
Workday Financial Management
9.1
9 Ratings
15% above category average
Credit card processing00 Ratings9.19 Ratings
Best Alternatives
WebexpensesWorkday Financial Management
Small Businesses
Dext
Dext
Score 9.7 out of 10
Zoho One
Zoho One
Score 9.0 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.9 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 9.2 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
WebexpensesWorkday Financial Management
Likelihood to Recommend
9.0
(733 ratings)
8.9
(23 ratings)
Likelihood to Renew
9.1
(49 ratings)
9.0
(1 ratings)
Usability
9.0
(732 ratings)
10.0
(5 ratings)
Availability
9.4
(9 ratings)
-
(0 ratings)
Performance
9.6
(8 ratings)
-
(0 ratings)
Support Rating
8.4
(350 ratings)
10.0
(5 ratings)
In-Person Training
8.6
(4 ratings)
-
(0 ratings)
Online Training
9.7
(6 ratings)
-
(0 ratings)
Implementation Rating
7.8
(19 ratings)
-
(0 ratings)
Configurability
6.6
(9 ratings)
-
(0 ratings)
Ease of integration
7.3
(3 ratings)
-
(0 ratings)
Product Scalability
9.4
(9 ratings)
-
(0 ratings)
Vendor post-sale
8.7
(4 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(4 ratings)
-
(0 ratings)
User Testimonials
WebexpensesWorkday Financial Management
Likelihood to Recommend
Webexpenses
Really suits me well for making mileage claims, the map works well and it has an accurate log of addresses. Very handy and easy to be able to add any necessary receipts. Could be a good idea to include live road closures? but I understand that's quite tricky to do. Really easy to be able to move routes when you have gone a different way than recommended.
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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.
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Pros
Webexpenses
  • imports credit card transactions from our corporate card program without issue
  • allows for easy set up of new users
  • is a very intuitive, easy to learn tool
  • has a very responsive support and customer service team
  • Set up and configuration was thorough, and they were able to work through our unique issues, such as custom segments in NetSuite.
  • It is a very inexpensive product. Well worth the cost.
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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.
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Cons
Webexpenses
  • When you click add receipts after putting the details of your expense, you get the impression that you have done something incorrect from the prompt that you receive
  • Two options for adding receipts can confuse people when training them on how to use
  • An easy to access FAQ would be helpful
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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
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Likelihood to Renew
Webexpenses
There doesn't seem to be anything in the market at the same price point that is better, however if there is an interrupter in the market that provides better value, then we would heavily assess the cost of change to see if we should move on to the alternative offering.
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Workday
No answers on this topic
Usability
Webexpenses
Based on what I have used it for, it was very easy to use and navigate. The approval process was already setup on the back end so there was no confusion on my end. Notifications were sent to my email based on status which made it helpful to understand where an expense was in the process.
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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.
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Reliability and Availability
Webexpenses
it is always available when I need it
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Workday
No answers on this topic
Performance
Webexpenses
Some times image uploads can be slow and you have to alter the image resolution to increase the speed
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Workday
No answers on this topic
Support Rating
Webexpenses
The support for the initial setup was great, but since then we have only had to contact support once when we had problems uploading credit card files. The help we received at this time was not good and we ended up trying various things until we resolved the problem ourselves. The online support tutorials are good, but searching for a specific issue is difficult.
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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.
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In-Person Training
Webexpenses
All went well.
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Workday
No answers on this topic
Online Training
Webexpenses
It was difficult to train multiple people via video, as they learned at different speeds, and most of the user champions were not as capable with systems and finance processes as our dept.
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Workday
No answers on this topic
Implementation Rating
Webexpenses
As long as you have people that are fully aware of the setup steps to get users into the software then I would see no issues arising for any company.
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Workday
No answers on this topic
Alternatives Considered
Webexpenses
I would have to say that Webexpenses does not stack up well in comparison to Expensify. If given a choice, I would choose Expensify for the best user experience and mobile / desktop being more seamless. It accomplishes the same thing but has a more modern, minimal, and streamlined feel to it.
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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.
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Scalability
Webexpenses
because as the business has grown to has the user base
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Workday
No answers on this topic
Return on Investment
Webexpenses
  • Easy integration with your existing finance / accounting software.
  • Lot of time is being saved in maintaining records and now going completely online.
  • Love the option of Scan receipts with Google-vision-powered optical character. This also resulted in less use of paper in our office.
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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.
Read full review
ScreenShots

Webexpenses Screenshots

Screenshot of the Webexpenses mobile app, that captures receipts instantly.Screenshot of Webexpenses, accessed through a desktop, iOS, Android or Windows device.Screenshot of mileage tracking with Webexpenses.Screenshot of a display of expense-related spend, reported and tracked with customisable reports.Screenshot of the mobile app, where users' expenses can be built, submitted and approved.Screenshot of Webexpenses payments and expense reimbursements.

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis