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Prophix vs. Workday Financial Management

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Prophix

308 Reviews and Ratings

Workday Financial Management

118 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Prophix

    Score8.2 out of 10
    Enterprise companies (1,001+ employees)
    		Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.N/A

    Workday Financial Management

    Score7.8 out of 10
    		N/AWorkday 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
    ProphixWorkday Financial Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ProphixWorkday Financial Management
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Features
    ProphixWorkday Financial Management
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Prophix and Workday Financial Management
    Feature
    Prophix
    5.7
    16 Ratings
    Workday Financial Management
    -
    Ratings
    Pixel Perfect reports5.03 Ratings00 Ratings
    Customizable dashboards5.415 Ratings00 Ratings
    Report Formatting Templates6.615 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Prophix and Workday Financial Management
    Feature
    Prophix
    8.5
    104 Ratings
    Workday Financial Management
    -
    Ratings
    Drill-down analysis9.1103 Ratings00 Ratings
    Formatting capabilities7.6101 Ratings00 Ratings
    Report sharing and collaboration9.098 Ratings00 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Prophix and Workday Financial Management
    Feature
    Prophix
    8.3
    96 Ratings
    Workday Financial Management
    -
    Ratings
    Publish to PDF8.791 Ratings00 Ratings
    Report Versioning7.571 Ratings00 Ratings
    Report Delivery Scheduling8.883 Ratings00 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Prophix and Workday Financial Management
    Feature
    Prophix
    4.1
    39 Ratings
    Workday Financial Management
    -
    Ratings
    Predictive Analytics4.139 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Prophix and Workday Financial Management
    Feature
    Prophix
    8.9
    99 Ratings
    Workday Financial Management
    -
    Ratings
    Multi-User Support (named login)9.096 Ratings00 Ratings
    Role-Based Security Model9.096 Ratings00 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.099 Ratings00 Ratings
    Report-Level Access Control8.440 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Prophix and Workday Financial Management
    Feature
    Prophix
    7.5
    52 Ratings
    Workday Financial Management
    -
    Ratings
    Responsive Design for Web Access7.552 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Prophix and Workday Financial Management
    Feature
    Prophix
    8.6
    202 Ratings
    Workday Financial Management
    -
    Ratings
    Long-term financial planning9.0167 Ratings00 Ratings
    Financial budgeting9.1197 Ratings00 Ratings
    Forecasting8.1189 Ratings00 Ratings
    Scenario modeling7.8153 Ratings00 Ratings
    Management reporting8.9192 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Prophix and Workday Financial Management
    Feature
    Prophix
    7.8
    163 Ratings
    Workday Financial Management
    -
    Ratings
    Financial data consolidation8.8133 Ratings00 Ratings
    Journal entries and reports9.181 Ratings00 Ratings
    Multi-currency management6.866 Ratings00 Ratings
    Intercompany Eliminations6.678 Ratings00 Ratings
    Minority Ownership6.732 Ratings00 Ratings
    Local and consolidated reporting8.7116 Ratings00 Ratings
    Detailed Audit Trails7.696 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Prophix and Workday Financial Management
    Feature
    Prophix
    7.9
    193 Ratings
    Workday Financial Management
    -
    Ratings
    Financial Statement Reporting9.1175 Ratings00 Ratings
    Management Reporting8.8187 Ratings00 Ratings
    Excel-based Reporting8.0171 Ratings00 Ratings
    Automated board and financial reporting8.5149 Ratings00 Ratings
    XBRL support for regulatory filing5.28 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Prophix and Workday Financial Management
    Feature
    Prophix
    6.1
    169 Ratings
    Workday Financial Management
    -
    Ratings
    Personalized dashboards7.6156 Ratings00 Ratings
    Color-coded scorecards5.3114 Ratings00 Ratings
    KPIs5.9124 Ratings00 Ratings
    Cost and profitability analysis5.8124 Ratings00 Ratings
    Key Performance Indicator setting6.099 Ratings00 Ratings
    Benchmarking with external data5.967 Ratings00 Ratings
    Integration
    Comparison of Integration features of Prophix and Workday Financial Management
    Feature
    Prophix
    8.5
    189 Ratings
    Workday Financial Management
    -
    Ratings
    Flat file integration9.0152 Ratings00 Ratings
    Excel data integration8.7166 Ratings00 Ratings
    Direct links to 3rd-party data sources7.8144 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    8.4
    19 Ratings
    Pay calculation00 Ratings8.719 Ratings
    Benefit plan administration00 Ratings8.916 Ratings
    Direct deposit files00 Ratings8.616 Ratings
    Customization
    Comparison of Customization features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    8.5
    17 Ratings
    API for custom integration00 Ratings8.614 Ratings
    Plug-ins00 Ratings8.416 Ratings
    Security
    Comparison of Security features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    9.0
    21 Ratings
    Single sign-on capability00 Ratings9.021 Ratings
    Role-based user permissions00 Ratings9.019 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    8.7
    23 Ratings
    Dashboards00 Ratings8.523 Ratings
    Standard reports00 Ratings9.120 Ratings
    Custom reports00 Ratings8.718 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    8.5
    19 Ratings
    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 Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    8.7
    8 Ratings
    Inventory tracking00 Ratings9.08 Ratings
    Automatic reordering00 Ratings8.68 Ratings
    Location management00 Ratings8.57 Ratings
    Order Management
    Comparison of Order Management features of Prophix and Workday Financial Management
    Feature
    Prophix
    -
    Ratings
    Workday Financial Management
    9.1
    9 Ratings
    Credit card processing00 Ratings9.19 Ratings
    User Ratings
    ProphixWorkday Financial Management
    Likelihood to Recommend
    8.0
    (220 ratings)
    8.9
    (23 ratings)
    Likelihood to Renew
    10.0
    (16 ratings)
    9.0
    (1 ratings)
    Usability
    8.1
    (44 ratings)
    10.0
    (5 ratings)
    Availability
    10.0
    (29 ratings)
    -
    (0 ratings)
    Performance
    9.9
    (28 ratings)
    -
    (0 ratings)
    Support Rating
    8.2
    (121 ratings)
    10.0
    (5 ratings)
    In-Person Training
    10.0
    (11 ratings)
    -
    (0 ratings)
    Online Training
    10.0
    (13 ratings)
    -
    (0 ratings)
    Implementation Rating
    9.0
    (19 ratings)
    -
    (0 ratings)
    Configurability
    9.0
    (11 ratings)
    -
    (0 ratings)
    Ease of integration
    8.7
    (29 ratings)
    -
    (0 ratings)
    Product Scalability
    10.0
    (26 ratings)
    -
    (0 ratings)
    Vendor post-sale
    8.5
    (23 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    7.5
    (21 ratings)
    -
    (0 ratings)