Blackbaud Grantmaking vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Blackbaud Grantmaking
Score 9.0 out of 10
N/A
Blackbaud Grantmaking (formally GIFTS Online) is part of Blackbaud’s extensive portfolio of software, services, data intelligence and expertise that powers social good. Blackbaud Grantmaking delivers grantmaking capabilities configured to meet the user's needs, and to improve efficiency with personalized online grant applications and report forms, personalized user dashboards, and simplified financial processing tools. By providing access to giving data, including standard, advanced, and ad hoc…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
Blackbaud GrantmakingWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Blackbaud GrantmakingWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
Blackbaud GrantmakingWorkday Financial Management
Considered Both Products
Blackbaud Grantmaking
Chose Blackbaud Grantmaking
Previously had Gifts Online.
Chose Blackbaud Grantmaking
Most of the ones used / evaluated were 2012 (or older) and most of them do not exist any more. We Started with Gifts ONLINE and continued with Blackbaud when they bought GIFTS.
Chose Blackbaud Grantmaking
As I have said it is extremely versatile. However it can also be confusing. There is always room for improvement. Blackbaud provides extensive online training, good response time from the help desk, a method of recommending enhancements as well as interaction with other users …
Chose Blackbaud Grantmaking
CyberGrants and Blackbaud are fairly comparable. CyberGrants offers conditional logic but Blackbaud is a company that appears to be more situated for future innovation. Blackbaud in general has better pricing.
Chose Blackbaud Grantmaking
Also looked at YourCause, Benevity, JK Group (Now part of Cybergrants), Good Done Great, CauseCast and probably a dozen others.
Chose Blackbaud Grantmaking
Blackbaud Grantmaking is all we have used.
Chose Blackbaud Grantmaking
At the time that I used GrantedGE, the product was in the development stages and there were a lot of bugs and issues with functionality. The customer service didn't have the bandwidth to quickly respond to issues. BlackBaud's customer service and history in the field are …
Chose Blackbaud Grantmaking
Blackbaud Grantmaking had the features I needed at a reasonable cost for an organization our size, given that we don't accept online proposals or reporting yet. I needed the ability to: manually enter proposal data, link to GuideStar, import public charity status info, check …
Chose Blackbaud Grantmaking
We really were so pleased with Blackbaud Grantmaking Classic that we really didn't look at anything else.
Chose Blackbaud Grantmaking
We also looked at Good Done Great and a couple others. CyberGrants was actually our top choice, but the previous CEO didn't want to sell his product to oil companies or other businesses he disagreed with.
Chose Blackbaud Grantmaking
We thought the other systems were much more affordable and some had better features. However, we were locked into a contract with MicroEdge/Blackbaud, so had to stick with them until our contract expires. If the pricing were better we might consider staying when the contract …
Chose Blackbaud Grantmaking
There are a few other foundations in town that use Blackbaud Grantmaking. We work together on best practices.
Chose Blackbaud Grantmaking
We've only used Blackbaud's Gifts Access and now Blackbaud Grantmaking
Chose Blackbaud Grantmaking
User interface, reporting and communication capabilities are more customizable.
Chose Blackbaud Grantmaking
I have no clue. This was recommended by the president of one of our funds and we liked it.
Chose Blackbaud Grantmaking
Four years ago when we first considered Blackbaud Grantmaking, two software providers presented demonstrations of their products to our foundation. We reviewed Good Done Great and Foundant, but found that Blackbaud Grantmaking had more features and the functionality we were …
Chose Blackbaud Grantmaking
Blackbaud Grantmaking is much easier to use and manage than Gifts Classic or Gifts Alta.
Workday Financial Management
Chose Workday Financial Management
We are still using Applied Epic for our end AMS system to record client and policy info for our agencies. Workday is a great add on tool we use for our consolidated financials.
Chose Workday Financial Management
More features at a better cost.
Chose Workday Financial Management
Workday Financial Management provides a seamless experience to access your required documents or review your pay history. Everything can be done in one place. It true is the one stop shop for digital HR hub to open up self serve to employees. Workday Financial Management has …
Chose Workday Financial Management
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 …
Chose Workday Financial Management
I have much less experience working with Salesforce finicial application. but as per my knowledge it also provides reboust features and one of the top competitor of its. Workday Financial Management need to improve more and more to sustain.
Chose Workday Financial Management
WFM is integrated with SSO, while others are not fully integrated. SAP Concur was used mostly for expense report management, while Deltek Costpoint was used for project time and cost management. Deltek was not very user-friendly, unreliable, and expensive for what it handled.
Chose Workday Financial Management
Workday is far superior to UKG. UKG felt cumbersome while being used, whereas Workday felt easy and intuitive. Workday allows for an easier flow of completing numerous everyday functions. I aim to integrate it into as many of my daily work routines as I can, reducing the time …
Chose Workday Financial Management
Gusto, Zoho Billing and Paylocity
Chose Workday Financial Management
Workday Financial Management absolutely blows them out of the water. Hands down is the best choice. It’s the clear winner for all teams using it. It can change your employees lives and day to day software challenges to speed up and develop reports needed across departments.
Chose Workday Financial Management
The processing power of Workday Financial Management we much better. The other systems didn't run as fast when trying to look at the financials or running any of the various reports that we would need. It also has a cleaner view when looking at the details.
Chose Workday Financial Management
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 …
Chose Workday Financial Management
We went from PeopleSoft to Workday because of the efficiency and ease of use. There were a lot of limitations in PeopleSoft, just in simple things like character limits on fields that did not allow us to be as detailed. Workday Financial Management/Revenue Management has very …
Chose Workday Financial Management
The costs to implement Hyperion were astronomical comparted to Workday. Furthermore, the implementation timeline was probably a third of what we would have been looking at had we gone with Hyperion. Simply put, we got somewhere in the neighborhood of 90% of what we needed for …
Chose Workday Financial Management
  • It is a simple and intuitive solution that can be customized for your specific needs.
  • It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
  • It offers a single version of the tool to meet the requirements of diverse companies.
Chose Workday Financial Management
Stacking up it was a faster and more inexpensive implementation. Granted it was still early in the system development years, but the results and the five years of using it speak for themselves. Cloud we wanted, comprehensive financials was a core functional requirement and …
Chose Workday Financial Management
I miss using Workday Financial Managment, and if I moved departments or took on more responsibilities with the financials I would definitely recommend it!
Features
Blackbaud GrantmakingWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
8.4
Ratings
16% above category average
Pay calculation00 Ratings8.70 Ratings
Benefit plan administration00 Ratings8.90 Ratings
Direct deposit files00 Ratings8.60 Ratings
Customization
Comparison of Customization features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
8.5
Ratings
11% above category average
API for custom integration00 Ratings8.60 Ratings
Plug-ins00 Ratings8.40 Ratings
Security
Comparison of Security features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
9.0
Ratings
10% above category average
Single sign-on capability00 Ratings9.00 Ratings
Role-based user permissions00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards00 Ratings8.50 Ratings
Standard reports00 Ratings9.10 Ratings
Custom reports00 Ratings8.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
8.5
Ratings
10% above category average
Accounts payable00 Ratings8.90 Ratings
Accounts receivable00 Ratings9.00 Ratings
Global Financial Support00 Ratings8.30 Ratings
Primary and Secondary Ledgers00 Ratings8.70 Ratings
Journals and Reconciliations00 Ratings8.90 Ratings
Configurable Accounting00 Ratings8.30 Ratings
Standardized Processes00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
8.7
Ratings
10% above category average
Inventory tracking00 Ratings9.00 Ratings
Automatic reordering00 Ratings8.60 Ratings
Location management00 Ratings8.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Blackbaud Grantmaking
-
Ratings
Workday Financial Management
9.1
Ratings
15% above category average
Credit card processing00 Ratings9.10 Ratings
Best Alternatives
Blackbaud GrantmakingWorkday Financial Management
Small Businesses
Submittable
Submittable
Score 8.8 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Submittable
Submittable
Score 8.8 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Workday Financial Management
Workday Financial Management
Score 7.8 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Blackbaud GrantmakingWorkday Financial Management
Likelihood to Recommend
9.0
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
5.6
(0 ratings)
9.0
(0 ratings)
Usability
8.3
(0 ratings)
10.0
(0 ratings)
Support Rating
8.0
(0 ratings)
10.0
(0 ratings)
Implementation Rating
8.2
(0 ratings)
-
(0 ratings)
User Testimonials
Blackbaud GrantmakingWorkday Financial Management
Likelihood to Recommend
As I mentioned, cost is prohibitive for us. Because it is highly customizable, it is very powerful, but if you are looking for an intuitive, easy to use solution right "out of the box" solution because you have few staff and no IT dept. this may not be the best fit (unless they develop some lower cost / less customizable options?). That being said, we have managed to implement successfully with no IT. I completed the implementation, code the application and online reporting forms (using HTML) and use Blueprint to customize what we need, but it has been a big learning curve and an investment of time to manage the back end of the program. I will say that training new general users is pretty straight forward so their ability to search for information they need and quickly is greatly enhanced. The automatic customized reports and reminders are pretty great, and the overall integrity of our processes and data are greatly improved. Sometimes we wonder if it is overly complex and if there is a way e could "hide" more of the aspects that are not relevant to us, or that we are not using, so we can have a cleaner interface.
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.
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Pros
  • Custom reporting: in addition to providing many standard reports, Blackbaud Grantmaking makes it very easy to create and save custom reports. Writing effective queries is simple and requires no knowledge of SQL (though you have an option to write SQL queries if you prefer).
  • Robust template system: Blackbaud Grantmaking's Document Template Manager greatly facilitates our written communications with applicants. Approval/decline letters, check letters, and proposal summaries are just a few of the documents we generate on a daily basis, and unlike some other systems we've used, you don't have to export the data from Blackbaud Grantmaking before using it in a mail merge document. The Document Template Manager integrates with Microsoft Word.
  • Managing multiple funding sources: We have over a dozen foundation clients who have supported hundreds of organizations over the years. Blackbaud Grantmaking makes it very simple to keep the client data separated, even when multiple clients are contributing to the same organizations.
  • Blackbaud Grantmaking is a budget-friendly document management system. We have documents associated with organizations (e.g., IRS letters), individual grant requests (applications, budgets, approval letters, etc.), requirements (grant evaluations and reports), and payments (check letters) and it is very easy to save and search for these documents when they are needed. Blackbaud Grantmaking makes is easy to keep everything where it belongs (and move documents when you misfile 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.
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Cons
  • Application linking process is time consuming
  • System enhancement ideas must be submitted to a community portal and other users must take the initiative to vote on their favorite ideas instead of vendor programmers collecting received ideas and doing the work themselves.
  • Lack of conditional logic in online application
  • Communication with other Blackbaud products notably Employee Volunteering and Engagement (fka AngelPoints)
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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Likelihood to Renew
As long as there is continued development in the product allowing us to create efficiencies, streamline operations, deliver on our reporting requirements and the usability for internal and external partners remains strong we would have no reason to look elsewhere from a systems perspective. If costs changed substantially we'd have to look at different options to meet our cost savings objectives.
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No answers on this topic
Usability
There is room for improvement and the development of the software seem slow. As customers, we hear a lot about what's in development and promises of new features rolling out. However, it feels like those developments take a really long time to show up in they system for my day-to-day use.
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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
When it was microwaves they were a lot more Hands-On assistance, but since merging they have better tracking of the issues.
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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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Implementation Rating
Preparing and cleaning up your data prior to implementation, will make the process much smoother and easier. Garbage in, garbage out.
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Alternatives Considered
As I have said it is extremely versatile. However it can also be confusing. There is always room for improvement. Blackbaud provides extensive online training, good response time from the help desk, a method of recommending enhancements as well as interaction with other users and enhancements are scored by users to determine the importance of enhancements to users.
Read full review
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
  • It has given us the ability to make grants faster. Example: one donor wanted applications to 50 grantees in a short period of time. Even with other items of work on my agenda, having to research where at least 30% of these grantees were since this was their first time getting a grant and going back and finding other ways to contact these grantees- old and new- when the people were not longer at the organization, it got done by me alone in less than two days.
  • Blackbaud Grantmaking allows us to keep track of everything from how many times a grant has been given to an organization as well as the amount donors have given.
  • Because of Blackbaud Grantmaking I can create a grant and process letters for payments faster than I can get a check for the grantee, thus making it harder on the finance office to keep up with what I am doing.
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  • 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

Blackbaud Grantmaking Screenshots

Screenshot of Application InboxScreenshot of Workflow tool

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis