Workday Financial Management vs. ZipBooks

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
ZipBooks
Score 7.0 out of 10
Small Businesses (1-50 employees)
ZipBooks is an accounting software solution for small business owners and accountants. Users can track expenses, manage their team, send recurring invoices and manage projects.
$0
Pricing
Workday Financial ManagementZipBooks
Editions & Modules
No answers on this topic
ZipBooks Starter
$0
ZipBooks Smarter
$15
ZipBooks Sophisticated
$35
ZipBooks Accountant
Custom
Offerings
Pricing Offerings
Workday Financial ManagementZipBooks
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Workday Financial ManagementZipBooks
Features
Workday Financial ManagementZipBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Workday Financial Management
8.4
Ratings
16% above category average
ZipBooks
-
Ratings
Pay calculation8.70 Ratings00 Ratings
Benefit plan administration8.90 Ratings00 Ratings
Direct deposit files8.60 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Workday Financial Management
8.5
Ratings
11% above category average
ZipBooks
9.1
Ratings
17% above category average
API for custom integration8.60 Ratings9.10 Ratings
Plug-ins8.40 Ratings9.10 Ratings
Security
Comparison of Security features of Product A and Product B
Workday Financial Management
9.0
Ratings
10% above category average
ZipBooks
9.5
Ratings
13% above category average
Single sign-on capability9.00 Ratings9.70 Ratings
Role-based user permissions9.00 Ratings9.30 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Workday Financial Management
8.7
Ratings
19% above category average
ZipBooks
10.0
Ratings
24% above category average
Dashboards8.50 Ratings10.00 Ratings
Standard reports9.10 Ratings10.00 Ratings
Custom reports8.70 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
Ratings
10% above category average
ZipBooks
8.8
Ratings
12% above category average
Accounts payable8.90 Ratings00 Ratings
Accounts receivable9.00 Ratings8.00 Ratings
Global Financial Support8.30 Ratings00 Ratings
Primary and Secondary Ledgers8.70 Ratings00 Ratings
Journals and Reconciliations8.90 Ratings00 Ratings
Configurable Accounting8.30 Ratings00 Ratings
Standardized Processes9.10 Ratings00 Ratings
Bank reconciliation00 Ratings8.00 Ratings
Expense management00 Ratings10.00 Ratings
Time tracking00 Ratings9.00 Ratings
Multi-currency support00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Workday Financial Management
8.7
Ratings
10% above category average
ZipBooks
-
Ratings
Inventory tracking9.00 Ratings00 Ratings
Automatic reordering8.60 Ratings00 Ratings
Location management8.50 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Workday Financial Management
9.1
Ratings
15% above category average
ZipBooks
9.2
Ratings
17% above category average
Credit card processing9.10 Ratings10.00 Ratings
Cost of goods sold00 Ratings8.50 Ratings
Best Alternatives
Workday Financial ManagementZipBooks
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
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Workday Financial ManagementZipBooks
Likelihood to Recommend
8.9
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
9.0
(0 ratings)
-
(0 ratings)
Usability
10.0
(0 ratings)
-
(0 ratings)
Support Rating
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
Workday Financial ManagementZipBooks
Likelihood to Recommend
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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Small businesses are well suited for this software, as their pricing is very affordable. they have a FREE FOREVER Starter plan, for those that are bootstrapped with little cash. I'm on the $15/mo Smarter Plan, and it's perfect for my little boutique agency's needs.
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Pros
  • 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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  • The user experience is easily the best I have seen with any invoicing software.
  • They create clean, professional invoice templates.
  • They make setting up and managing projects easy.
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Cons
  • 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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  • I was an early adopter, and with this company and software being relatively new, I got to see a few minor bugs and quirks over the last year. The good thing is, most of the bugs are squashed, and the future is bright for this startup!
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Usability
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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No answers on this topic
Support Rating
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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No answers on this topic
Alternatives Considered
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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I've primarily compared ZipBooks vs. Quickbooks because I've used Quickbooks at larger companies before. ZipBooks was the right fit for a smaller organization because it still had all the core features of Quickbooks but at a dramatically lower price that fits the budget.
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Return on Investment
  • 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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  • I don't have a ROI for the use of Zipbooks though it has helped greatly with organizing for taxes. Our economy here has been so volatile for three years with deep dips down, that no software can aid in support the financial health other than to track the expenses and income and watch the balance to observe.
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ScreenShots

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis

ZipBooks Screenshots

Screenshot of ZipBooks DashboardScreenshot of ZipBooks TransactionsScreenshot of ZipBooks InvoicingScreenshot of ZipBooks Accountant Messaging