Workday Financial Management vs. Xledger Financial Software

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Xledger Financial Software
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Xledgers' cloud-based financial software streamlines accounting processes through the automation of the accounts payable, accounts receivable, general ledger, and cash processes. Its focus on automation and intelligent data enable real-time reporting, outstanding management oversight, and faster decision making. Xledger is a true cloud, SaaS solution. As a multi-tenant solution, all customers are hosted on just one underlying instance of the software, so that they can benefit from instant…
$1,000
Pricing
Workday Financial ManagementXledger Financial Software
Editions & Modules
No answers on this topic
Xledger Financial Management Software
$1,000
Offerings
Pricing Offerings
Workday Financial ManagementXledger Financial Software
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsPricing varies on the size of the company and the number of users. Contact Xledger for details.
More Pricing Information
Community Pulse
Workday Financial ManagementXledger Financial Software
Features
Workday Financial ManagementXledger Financial Software
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Workday Financial Management
8.4
19 Ratings
16% above category average
Xledger Financial Software
-
Ratings
Pay calculation8.719 Ratings00 Ratings
Benefit plan administration8.916 Ratings00 Ratings
Direct deposit files8.616 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Workday Financial Management
8.5
17 Ratings
11% above category average
Xledger Financial Software
-
Ratings
API for custom integration8.614 Ratings00 Ratings
Plug-ins8.416 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Workday Financial Management
9.0
21 Ratings
10% above category average
Xledger Financial Software
-
Ratings
Single sign-on capability9.021 Ratings00 Ratings
Role-based user permissions9.019 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Workday Financial Management
8.7
23 Ratings
19% above category average
Xledger Financial Software
-
Ratings
Dashboards8.523 Ratings00 Ratings
Standard reports9.020 Ratings00 Ratings
Custom reports8.618 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Workday Financial Management
8.5
19 Ratings
10% above category average
Xledger Financial Software
-
Ratings
Accounts payable8.914 Ratings00 Ratings
Accounts receivable9.014 Ratings00 Ratings
Global Financial Support8.315 Ratings00 Ratings
Primary and Secondary Ledgers8.715 Ratings00 Ratings
Journals and Reconciliations8.912 Ratings00 Ratings
Configurable Accounting8.315 Ratings00 Ratings
Standardized Processes9.116 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Workday Financial Management
8.7
8 Ratings
10% above category average
Xledger Financial Software
-
Ratings
Inventory tracking9.08 Ratings00 Ratings
Automatic reordering8.68 Ratings00 Ratings
Location management8.57 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Workday Financial Management
9.1
9 Ratings
15% above category average
Xledger Financial Software
-
Ratings
Credit card processing9.19 Ratings00 Ratings
Best Alternatives
Workday Financial ManagementXledger Financial Software
Small Businesses
Zoho One
Zoho One
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Workday Financial ManagementXledger Financial Software
Likelihood to Recommend
8.9
(23 ratings)
-
(0 ratings)
Likelihood to Renew
9.0
(1 ratings)
-
(0 ratings)
Usability
10.0
(5 ratings)
-
(0 ratings)
Support Rating
10.0
(5 ratings)
-
(0 ratings)
User Testimonials
Workday Financial ManagementXledger Financial Software
Likelihood to Recommend
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.
Read full review
Xledger
No answers on this topic
Pros
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.
Read full review
Xledger
No answers on this topic
Cons
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
Read full review
Xledger
No answers on this topic
Usability
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.
Read full review
Xledger
No answers on this topic
Support Rating
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.
Read full review
Xledger
No answers on this topic
Alternatives Considered
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.
Read full review
Xledger
No answers on this topic
Return on Investment
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
Xledger
No answers on this topic
ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis

Xledger Financial Software Screenshots

Screenshot of Xledger Financial Management Software - Home Screen