• HOME
  • CATEGORIES

    • CATEGORIES

    • Browse All Categories
  • FOR VENDORS

    • FOR VENDORS

    • Log In to Vendor Portal
    • Get Started
  • REVIEWS

    • REVIEWS

    • Write a Review
    • Product Reviews
    • Vendor Directory
    • Product Comparisons
  • GARTNER PEER COMMUNITY™
  • GARTNER.COM
  • Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQPrivacyTerms of Service
    ©2026 Gartner, Inc. and/or its affiliates.
    All rights reserved.
  • Categories

    • Loading categories...

      Browse All Categories

      Loading markets...

  • For Vendors

    • Log In to Vendor Portal 

    • Get Started 

  • Write a Review

Join / Sign In
  1. Home
  2. /
  3. Workday Financial Management
Logo of Workday Financial Management

Workday Financial Management

byWorkday
in
4.1
Market Presence: Invoice-to-Cash Applications, Accounting Engines

Overview

Product Information on Workday Financial Management

Updated 4th August 2025

What is Workday Financial Management?

Workday Financial Management is a native cloud and AI powered solution built on a global foundation designed to enable Accounting teams to operate with greater productivity, enhanced insights, and adapt to changing business needs. With AI embedded throughout, it enhances 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 model, Workday provides a single system for transaction processing, multidimensional reporting, consolidation, planning, and compliance - all through a consistent user experience on both desktop and mobile devices. Key feature areas: Accounting and Finance; Accounting Center; Audit and Internal Controls; Reporting and Analytics; Global Financial Reporting and Consolidation; Financial Planning; Projects; Expenses; Procurement; Inventory; Grants Management; and Project Billing.

Workday Financial Management Pricing

Workday Financial Management Product Images

Discovery Board
Discovery Board
Financial Results
Financial Results
Operational Analysis
Operational Analysis

Overall experience with Workday Financial Management

ACCOUNTANT
250M - 500M USD, Manufacturing
FAVORABLE

“Streamlined Financial Operations and Powerful Integration”

4.0
Sep 2, 2025
The product stands out for its clear, modern interface and ease of training new users. Strong cloud-based platfrom, that ensures reliability, accessibility and regular updates
DIRECTOR OF DATA AND ANALYTICS
<50M USD, Education
CRITICAL

“Powerful Search Capabilities Hampered by Difficulty in Locating Simple Information”

3.0
Aug 29, 2025
This is definitely an enterprise level product and as such it comes with its complexities. That is both its advantage and disadvantage.

About Company

Company Description

Updated 13th October 2025

Workday is the AI platform for managing people, money, and agents. Workday unifies HR and Finance on one platform with AI at the core to empower people at every level with the clarity, confidence, and insights they need to adapt quickly, make better decisions, and deliver outcomes that matter. Workday is used by organizations around the world and across industries.

Company Details

Updated 13th October 2025
Company type
Public
Year Founded
2005
Head office location
Pleasanton, United States
Number of employees
10001+
Website
http://www.workday.com

Do You Manage Peer Insights at Workday?

Access Vendor Portal to update and manage your profile.

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Workday Financial Management

Workday Financial Management Likes & Dislikes

Like

It offers detailed, flexible reporting features, helping to drill down into financial data and manage budgets effectively. Features like attaching documents to invoices and journal entries support a move towards paperless office operations. The software integrates well with other Workday modules and supports automation of various financial workflows. It offers efficient process automation, that reduces manual work and paper use, especially for high-volume financial operations

Like

Somewhat consolidates finance, HR and other core-business functions into a cloud-based solution. Its ability to track any and all changes made by the user or system.

Like

The aspect I appreciate most is its ability to provide real time visibility into financial data across the organization. Also, it offers seamless integration and has great user experience.

Dislike

Its difficult to navigate in the system, especially when searching for specific reports or taks, which often requires users to remember specific, abbreviated names. The reporting function can be slow to load, and you may encouter pop-ups asking if you would like to be notified when a report becomes available, which adds unnecessary steps and delays to the workflow. Occasional performance slowdowns when handling large data sets or multiple users simultaneously

Dislike

You can search for anything, but it's hard to find something. It requires a lot of end user training in order to be able to properly navigate its different features and reports so one tends to spend a lot of time looking for simple things such as specific expense reports, journal entries, vendor payments, etc.

Dislike

The primary challenge I have encountered is the complexity involved in customizing certain features and workflows to fit unique business requirements. Also, new users face some initial challenge in learning the platform. Also, cost is a challenge for some organizations.

Top Workday Financial Management Alternatives

Logo of Intuit QuickBooks
1. Intuit QuickBooks
4.3
(50 Ratings)
Logo of DualEntry
2. DualEntry
4.8
(26 Ratings)
Logo of Zoho Books
3. Zoho Books
4.6
(20 Ratings)
View All Alternatives

Peer Discussions

Workday Financial Management Reviews and Ratings

Showing data for 15 ratings and reviews for Accounting Engines market. View all 45 ratings and reviews across markets for a complete picture.

4.1

(15 Ratings)

Rating Distribution

5 Star
33%
4 Star
40%
3 Star
27%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.4

Integration & Deployment

4.2

Service & Support

4.1

Product Capabilities

4.5

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • ACCOUNTANT
    50M-1B USD
    Manufacturing
    Review Source

    Streamlined Financial Operations and Powerful Integration

    4.0
    Sep 2, 2025
    The product stands out for its clear, modern interface and ease of training new users. Strong cloud-based platfrom, that ensures reliability, accessibility and regular updates
  • DATA ANALYST
    10B+ USD
    Banking
    Review Source

    Real Time Financial Insights Offset Complexity In Feature Customization And Learning

    5.0
    Aug 26, 2025
    Overall, my experience has been positive. The platform offers a comprehensive suite of financial tool that streamline core accounting, planning, and reporting processes.
  • DIRECTOR OF DATA AND ANALYTICS
    <50M USD
    Education
    Review Source

    Powerful Search Capabilities Hampered by Difficulty in Locating Simple Information

    3.0
    Aug 29, 2025
    This is definitely an enterprise level product and as such it comes with its complexities. That is both its advantage and disadvantage.
  • SENIOR VICE PRESIDENT
    <50M USD
    IT Services
    Review Source

    Workday Financial Management Offers Efficiency and Streamlined Finance Workflows for Teams

    4.0
    Aug 27, 2025
    Workday Financial Management is a powerful reporting and automation tool, streamlining both financial processes and improving efficiency. It has an intuitive workflow which makes managing finances much easier.
  • OPERATIONS MANAGER
    50M-1B USD
    Insurance (except health)
    Review Source

    Workday Offers Intuitive Dashboards but Can Overwhelm New Users Initially

    5.0
    Sep 6, 2025
    Workday is a platform that has proven to be reliable and user-friendly for myself and my team, which has enabled me to manage my team to track performance metrics and collaborate efficiently together.
Showing Result 1-5 of 20

Recommended Gartner Research

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

This site is protected by hCaptcha and its Privacy Policy and Terms of Use apply.


Software reviews and ratings for EMMS, BI, CRM, MDM, analytics, security and other platforms - Peer Insights by Gartner
Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQsPrivacyTerms of Use

©2026 Gartner, Inc. and/or its affiliates.

All rights reserved.