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Workday Financial Management vs. Workday Human Capital Management

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Workday HCM

    Score8.2 out of 10
    N/AWorkday Human Capital Management is a cloud-native system offering a globally consistent user experience. Workday HCM is part of an intelligent, unified system with other Workday products.N/A
    Pricing
    Workday Financial ManagementWorkday HCM
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Workday Financial ManagementWorkday HCM
    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
    Workday Financial ManagementWorkday HCM
    Considered Both Products
    Workday
    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 …
    Incentivized
    Workday
    Chose Workday HCM
    Workday HCM helps my organization better align our corporate strategy with defined objectives and KPIs while managing the performance of team members to deliver results. The user interface and time tracking capabilities of Workday HCM are also best-in-class. The Workday cloud …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Workday Financial ManagementWorkday HCM
    Payroll Management
    Comparison of Payroll Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    8.4
    19 Ratings
    Workday Human Capital Management
    9.0
    80 Ratings
    Pay calculation8.719 Ratings8.568 Ratings
    Benefit plan administration8.916 Ratings8.563 Ratings
    Direct deposit files8.616 Ratings8.869 Ratings
    Support for external payroll vendors00 Ratings8.856 Ratings
    Off-cycle/On-Demand payment00 Ratings9.818 Ratings
    Salary revision and increment management00 Ratings9.266 Ratings
    Reimbursement management00 Ratings9.243 Ratings
    Customization
    Comparison of Customization features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    8.5
    17 Ratings
    Workday Human Capital Management
    -
    Ratings
    API for custom integration8.614 Ratings00 Ratings
    Plug-ins8.416 Ratings00 Ratings
    Security
    Comparison of Security features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    9.0
    21 Ratings
    Workday Human Capital Management
    -
    Ratings
    Single sign-on capability9.021 Ratings00 Ratings
    Role-based user permissions9.019 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    8.7
    23 Ratings
    Workday Human Capital Management
    -
    Ratings
    Dashboards8.523 Ratings00 Ratings
    Standard reports9.120 Ratings00 Ratings
    Custom reports8.718 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    8.5
    19 Ratings
    Workday Human Capital Management
    -
    Ratings
    Accounts payable8.914 Ratings00 Ratings
    Accounts receivable9.014 Ratings00 Ratings
    Global Financial Support8.315 Ratings00 Ratings
    Primary and Secondary Ledgers8.715 Ratings00 Ratings
    Journals and Reconciliations8.912 Ratings00 Ratings
    Configurable Accounting8.315 Ratings00 Ratings
    Standardized Processes9.116 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    8.7
    8 Ratings
    Workday Human Capital Management
    -
    Ratings
    Inventory tracking9.08 Ratings00 Ratings
    Automatic reordering8.68 Ratings00 Ratings
    Location management8.57 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    9.1
    9 Ratings
    Workday Human Capital Management
    -
    Ratings
    Credit card processing9.19 Ratings00 Ratings
    Human Resource Management
    Comparison of Human Resource Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.6
    96 Ratings
    Employee demographic data00 Ratings8.481 Ratings
    Employment history00 Ratings8.891 Ratings
    Job profiles and administration00 Ratings8.693 Ratings
    Workflow for transfers, promotions, pay raises, etc.00 Ratings9.288 Ratings
    Organizational charting00 Ratings9.387 Ratings
    Organization and location management00 Ratings9.084 Ratings
    Compliance data (COBRA, OSHA, etc.)00 Ratings6.759 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.6
    74 Ratings
    Approval workflow00 Ratings8.573 Ratings
    Balance details00 Ratings8.473 Ratings
    Annual carry-forward and encashment00 Ratings8.959 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.4
    94 Ratings
    View and generate pay and benefit information00 Ratings8.983 Ratings
    Update personal information00 Ratings8.792 Ratings
    View company policy documentation00 Ratings7.673 Ratings
    Employee recognition00 Ratings8.157 Ratings
    View job history00 Ratings8.883 Ratings
    Asset Management
    Comparison of Asset Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.4
    25 Ratings
    Tracking of all physical assets00 Ratings8.425 Ratings
    HR Reporting
    Comparison of HR Reporting features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.5
    78 Ratings
    Report builder00 Ratings8.974 Ratings
    Pre-built reports00 Ratings8.676 Ratings
    Ability to combine HR data with external data00 Ratings7.964 Ratings
    Onboarding
    Comparison of Onboarding features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.6
    56 Ratings
    New hire portal00 Ratings8.452 Ratings
    Manager tracking tools00 Ratings8.852 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.5
    60 Ratings
    Corporate goal setting00 Ratings8.750 Ratings
    Individual goal setting00 Ratings8.759 Ratings
    Line-of sight-visibility00 Ratings7.951 Ratings
    Performance tracking00 Ratings8.658 Ratings
    Performance Management
    Comparison of Performance Management features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.9
    63 Ratings
    Performance plans00 Ratings9.062 Ratings
    Performance improvement plans00 Ratings8.954 Ratings
    Review status tracking00 Ratings8.758 Ratings
    Review reminders00 Ratings9.058 Ratings
    Multiple review frequency00 Ratings8.951 Ratings
    Succession Planning
    Comparison of Succession Planning features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    7.9
    40 Ratings
    Create succession plans/pools00 Ratings9.334 Ratings
    Candidate ranking00 Ratings7.735 Ratings
    Candidate search00 Ratings7.938 Ratings
    Candidate development00 Ratings6.837 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Workday Financial Management and Workday Human Capital Management
    Feature
    Workday Financial Management
    -
    Ratings
    Workday Human Capital Management
    8.3
    48 Ratings
    Job Requisition Management00 Ratings8.045 Ratings
    Company Website Posting00 Ratings8.339 Ratings
    Publish to Social Media00 Ratings8.734 Ratings
    Job Search Site Posting00 Ratings8.440 Ratings
    Duplicate Candidate Prevention00 Ratings7.839 Ratings
    Applicant Tracking00 Ratings8.240 Ratings
    Notifications and Alerts00 Ratings8.444 Ratings
    User Ratings
    Workday Financial ManagementWorkday HCM
    Likelihood to Recommend
    8.9
    (23 ratings)
    9.0
    (108 ratings)
    Likelihood to Renew
    9.0
    (1 ratings)
    9.0
    (18 ratings)
    Usability
    10.0
    (5 ratings)
    7.0
    (13 ratings)
    Availability
    -
    (0 ratings)
    6.6
    (8 ratings)
    Performance
    -
    (0 ratings)
    7.3
    (7 ratings)
    Support Rating
    10.0
    (5 ratings)
    8.0
    (22 ratings)
    In-Person Training
    -
    (0 ratings)
    9.6
    (6 ratings)
    Online Training
    -
    (0 ratings)
    7.0
    (7 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.0
    (11 ratings)
    Configurability
    -
    (0 ratings)
    7.5
    (2 ratings)
    Ease of integration
    -
    (0 ratings)
    8.2
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    7.3
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    7.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    5.0
    (1 ratings)