Submittable vs. Workday Financial Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Submittable
Score 8.8 out of 10
N/A
Submittable offers tools to launch, measure, and grow social impact programs, locally and globally. From grants and scholarships to awards and CSR programs, Submittable partners with users to make a difference. The vendor states Submittable has supported over 95,000 social impact programs, receiving nearly 20 million applications, and that teams save an average of 12 hours per week and launch in an average of 14 days.N/A
Workday Financial Management
Score 7.9 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
SubmittableWorkday Financial Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SubmittableWorkday Financial Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
SubmittableWorkday Financial Management
Considered Both Products
Submittable
Chose Submittable
Submittable had all of the functionality we were looking for at a very competitive price.
Chose Submittable
When we decided on Submittable: a) Most cost-effective: solution would cost under USD3,000 per year with no setup fee. b) We needed key features of this solution that were available out-of-the-box, e.g., Online Application Form -- including answers to approximately 20-30 …
Chose Submittable
Price, ease of use and simplicity of process building. In the other products we explored that cost was significantly higher and we found that for what we are looking for, Submittable provided a much better value and was way easier to use for both the staff running the grant …
Chose Submittable
We have been using submittable since 2016. The product has grown, and we have recommended it to many groups. Cost-wise, the price has become unattainable for some. I have compared prices with other systems whose names I don’t remember, and the pricing seems on par. The platform …
Chose Submittable
Submittable is much simpler to use for submitting to my journal and writers prefer it over Duotrope.
Chose Submittable
Submittable isn't in the same league as these other platforms. It's trying to get there but it's been a rocky road. Neither customer support nor the account people we've dealt with at Submittable seem particularly knowledgeable about how the product actually works for …
Chose Submittable
Our company chose Submittable before I was hired and it is now a legacy system
Chose Submittable
I used Call for Entry before and think it works very well, in a comparable way, and is much, much less expensive.
Chose Submittable
Submittable offers a better UX/UI and a more manageable pricing model
Chose Submittable
I selected Submittable because I had used it in the past as an applicant for a different program, and I found it easy to use from that perspective. I met with other companies and did a comparative analysis and Submittable was the most user friendly and also the most affordable …
Chose Submittable
The university also uses Qualtrics, but I found it clunky and hard to use.
Chose Submittable
Many features on the LGL forms do not translate to Submittable and vice versa. We use Submittable more because it allows for better branching and flexibility to customize each form rather than needing multiple for the same data collection or selection process. While we like LGL …
Chose Submittable
Submittable's customer service was more helpful than other platforms we considered using.
Chose Submittable
As a user seeking a seamless form creation experience, I can confidently say that Submittable exceeds all expectations with its diverse range of options and efficient backend processes. From the moment I started using it, I was impressed by the abundance of features and the …
Chose Submittable
When it comes to collecting applications, no one beats Submittable in terms of features and functionality. With other software we used, there were far too many limitations, including having to manually download data, inability to use logic for fields, and no analytics. The …
Chose Submittable
Honestly, I haven't used other comparable products to Submittable. That said, the interface is far better than the submission managers for so many other literary magazines. It feels far cleaner and far more professional.
Chose Submittable
I haven't used any other competing products.
Chose Submittable
There was no good way for us to keep blog publiscations within our microsot suit so we moved onto Submittable.
Chose Submittable
Submittable has so many functionalities which helps me when I need to ask applicants very specific questions or branch applicants off into differing categories. It is simple yet thorough.
Chose Submittable
There is no contest. Google Forms is easy and free, but has severely limited customization options, and 0 review process. I love how I have everything in one platform with Submittable.
Chose Submittable
The Google suite of services is essentially free, but it is not designed specifically for applicants, reviewers and awardees. However, it is very intuitive and user friendly. We have been able to make both services work for us and meet our particular needs. Google saves money, …
Chose Submittable
I can't think of other services I've reviewed in-depth like Submittable. We like Submittable. We're consistently happy with the results and have felt no need to explore alternative options especially with so many of our users being already familiar with the interface. We've …
Chose Submittable
Submittable is definitely more agile to adapt to your needs, and it has more parameters to choose from. On the other side, our current size of the grants is limited, so I don't know if Submittable can efficiently scale up.
Chose Submittable
Blackbaud Grantmaking was more complicated/difficult to use but had more features that enabled project & relationship management. It was also more integrated with our financial management system.
Chose Submittable
I've also just used a system called Slideroom for a jury process through another grants organization.
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
SubmittableWorkday Financial Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Submittable
-
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
Submittable
-
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
Submittable
-
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
Submittable
-
Ratings
Workday Financial Management
8.7
Ratings
19% above category average
Dashboards00 Ratings8.50 Ratings
Standard reports00 Ratings9.00 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
Submittable
-
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
Submittable
-
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
Submittable
-
Ratings
Workday Financial Management
9.1
Ratings
15% above category average
Credit card processing00 Ratings9.10 Ratings
Best Alternatives
SubmittableWorkday Financial Management
Small Businesses
Blackbaud Grantmaking
Blackbaud Grantmaking
Score 9.0 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Workday Financial Management
Workday Financial Management
Score 7.9 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SubmittableWorkday Financial Management
Likelihood to Recommend
8.9
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
9.0
(0 ratings)
Usability
7.9
(0 ratings)
10.0
(0 ratings)
Availability
10.0
(0 ratings)
-
(0 ratings)
Performance
10.0
(0 ratings)
-
(0 ratings)
Support Rating
10.0
(0 ratings)
10.0
(0 ratings)
In-Person Training
8.1
(0 ratings)
-
(0 ratings)
Online Training
10.0
(0 ratings)
-
(0 ratings)
Implementation Rating
10.0
(0 ratings)
-
(0 ratings)
Configurability
7.0
(0 ratings)
-
(0 ratings)
Product Scalability
7.0
(0 ratings)
-
(0 ratings)
Vendor post-sale
10.0
(0 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
SubmittableWorkday Financial Management
Likelihood to Recommend
Submittable is great for grant management, grantmaking, and scholarship awards. It's a very useful tool also when there are multiple reviewers and committees involved in the assessment of the application. The table feature is helpful, but to download the information in a usable report is a pain. Overall a very useful tool for funding.
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
  • Easy to use! Resulting in confidence and independence when using platform.
  • Exporting reports to Excel files makes internal data sharing a breeze.
  • Tech support for grantees frees administrators from resolving issues on their own.
  • Automatic and customizable communications with applicants and grantees.
Read full review
  • 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.
Read full review
Cons
  • It used to be easier to download submission files from the submissions screen; now, you have to run a report and request a download.
  • Giving access to reviewers could be easier. It would be nice if we could create the email account and password and then give that to the reviewer. Right now, the invites are often junk, spam, or quarantine.
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.
Read full review
Likelihood to Renew
Submittable is easy to use for our applicants, streamlines the grantmaking process and provides structures for a range of reviewers on our panels. i like that you continue to come up with new tools, although I wish many didn't come with additional costs.
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No answers on this topic
Usability
Submittable is very user-friendly. As both a application builder and an applicant myself I find the system intuitive and easy. Many pre-populated questions allow a grant administrator to build an application quickly. The start-up time we first joined as a Submittable client was fast, too. Submittable does not take much time for a first-time user to understand.
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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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Reliability and Availability
We have thankfully never experienced an outage nor been affected by a technology issue on Submittable's side that has delayed our grant process. We have instead been able to distribute over $6M in donated dollars to AAPI small business owners because Submittable is trustworthy and available
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No answers on this topic
Performance
We've had a quick and efficient submittable experience that has always been easy to use. When we need a report it downloads within seconds, even the larger reports are 30 seconds or less to download. Pages are quick to load and reports complete in a more than reasonable time frame
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No answers on this topic
Support Rating
I think that they are good at answering our questions and solving our problems. We occasionally get reports from applicants about problems the Submittable team has not solved, but I do not know what the applicant has done to get the problem solved.
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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.
Read full review
In-Person Training
We have been using this for many years but my memory is that we had a
human walk us through how to use basic features. We also used the
resource library to learn about specific topics or issues as they came
up.
Read full review
No answers on this topic
Online Training
10/10 because we were able to meet virtually and still get all of our questions answered! Online was effective too because we could easily record the sessions and review them later. Since we had to onboard our reviewers virtually, it was actually convenient that this was the same method we learned how to use the entire program virtually too.
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No answers on this topic
Implementation Rating
I would say, provide Submittable as much detailed information on your planned use of the platform and your desires with the platform as possible, and the implementation will be tailored to accommodate your organization with minimal lag time and issues/problems.
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No answers on this topic
Alternatives Considered
When we decided on Submittable: a) Most cost-effective: solution would cost under USD3,000 per year with no setup fee. b) We needed key features of this solution that were available out-of-the-box, e.g., Online Application Form -- including answers to approximately 20-30 questions, completing a financial income/expense summary spreadsheet, and submitting supporting docs in Word, PDF, or other common file formats. Also, applicants would get instant feedback if they do not qualify, so they won't even bother completing their submission. Backend workflow allows up to 8+ committee members/reviewers to review application submissions, submit and share comments/questions, approve/reject, grant amount recommendations, etc. Basic reporting will include lists of applicants and key data by submission year (e.g., contact details, funding requested, key metrics, etc.). Email alerts to reviewers as applications are submitted. Summary of completed application emailed to applicant upon submission so they have a copy for their records—the ability to centrally track any email exchanges with applicants.
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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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Scalability
We have been easily able to grow. Not only are we able to process different applications, but Submittable makes it easy to add applications onto our plan. Additionally, their eligibility form before the application does a good job of screening applicants so we do not pay for extra applications.
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No answers on this topic
Return on Investment
  • We were able to launch our first-ever community grants program on time, and received over 300 applications (we were anticipating ~50 in our first year out.)
  • This has substantially improved our application and tracking capabilities for our employee relief fund grants, and ensured we are following IRS guidelines.
Read full review
  • 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

Workday Financial Management Screenshots

Screenshot of a discovery boardScreenshot of financial resultsScreenshot of operational analysis