# Workday Financial Management Software Reviews, Demo & Pricing - 2026

> Review of Workday Financial Management Software: system overview, features, price and cost information. Get free demos and compare to similar programs.

Source: https://www.softwareadvice.com/hr/workday-profile

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Workday Financial Management

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Overview

[Reviews](https://www.softwareadvice.com/accounting/workday-financial-management-profile/reviews/)[Alternatives](https://www.softwareadvice.com/accounting/workday-financial-management-profile/alternatives/)

# Workday Financial Management 2026: Benefits, Features & Pricing

Wondering if Workday Financial Management is right for your organization?

Our Accounts Payable Software selection experts can help you in 15 minutes or less.

On this page

-   Overview
    
-   User Interface
    
-   Popular Alternatives
    
-   Pricing and Plans
    
-   Features
    
-   Integrations
    
-   User Reviews
    
-   Popular Comparisons
    

## Overview

Workday Financial Management

4.4

[(88)](https://www.softwareadvice.com/accounting/workday-financial-management-profile/reviews/)

Pricing

Starting at $50.00 per month

### About Workday Financial Management

Workday Financial Management is a single cloud-based solution that assists global businesses of all sizes in a variety of industry verticals with financial planning, accounting, and transactions. Workday delivers user and administrative tools across financials, HR, planning, talent, payroll, analytics, student, and more from a single system.

Workday’s Financial Management solutions include accounting and finance, revenue management, reporting and analytics, consolidating and closing, revenue management, accounting center, financial planning, expenses, procurement, and project accounting. Audit tools, inventory management, and grants management are also included. The Prism Analytics module allows users to upload data from other software solutions to create consolidated reports.

Pricing is based on monthly subscriptions and support is offered via email and through an online help desk.

Wondering if Workday Financial Management is right for your organization?

Our Accounts Payable Software selection experts can help you in 15 minutes or less.

## Workday Financial Management User Interface

## Popular Workday Financial Management Alternatives

Main Product

Workday Financial Management

4.4

[(88)](https://www.softwareadvice.com/accounting/workday-financial-management-profile/reviews/)

Ratings Breakdown

-   4.11Ease of use
-   4.22Value for money
-   4.28Customer support
-   4.39Functionality

Pricing

Starting at $50.00 per month

Get Price

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4.3

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Ratings Breakdown

-   4.20Ease of use
-   3.99Value for money
-   3.98Customer support
-   4.22Functionality

Pricing

Available upon request

Get Price

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4.3

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Ratings Breakdown

-   4.24Ease of use
-   4.16Value for money
-   4.00Customer support
-   4.27Functionality

Pricing

Starting at $38.00 per month

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4.4

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Ratings Breakdown

-   4.36Ease of use
-   4.24Value for money
-   4.04Customer support
-   4.30Functionality

Pricing

Starting at $25.00 per month

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4.2

[(2048)](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/reviews/)

Ratings Breakdown

-   3.96Ease of use
-   3.85Value for money
-   3.81Customer support
-   4.21Functionality

Pricing

Available upon request

Get Price

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Ratings Breakdown

-   4.50Ease of use
-   4.60Value for money
-   4.76Customer support
-   4.61Functionality

Pricing

Available upon request

Get Price

## Workday Financial Management Pricing and Plans

Starting price: $50.00 per month

Free Trial

Free Version

Basic

$50.00

per user, per month

No plan information available

Confused about pricing? We've got you covered.

Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates.

## Workday Financial Management Features

-   Popular features found in Accounts Payable
    
    ACH Payment Processing
    
    Audit Trail
    
    Compliance Management
    
    Document Management
    
    Duplicate Payment Alert
    
    ERP integration
    
    Expense Tracking
    
    Mobile Access
    
    Multi-Currency
    
    Workflow Automation
    
-   More features of Workday Financial Management
    
    Access Controls/Permissions
    
    Accounting
    
    Accounts Payable
    
    Accounts Receivable
    
    Activity Dashboard
    
    Ad hoc Reporting
    
    Aging Tracking
    
    Alerts/Notifications
    
    Anomaly Detection
    
    API
    
    Approval Process Control
    
    Auditing
    
    Audit Management
    
    Audit Planning
    
    Automatic Billing
    
    Bank Reconciliation
    
    Billing & Invoicing
    
    Budgeting/Forecasting
    
    Budget Management
    
    Cash Flow Analysis
    
    Cash Flow Management
    
    Cash Management
    
    Check Processing
    
    Check Writing
    
    Collaboration Tools
    
    Commenting/Notes
    
    Commission Management
    
    Consolidation/Roll-Up
    
    Contract Drafting
    
    Contract/License Management
    
    Core Accounting
    
    CPA Firms
    
    CRM
    
    Currency Management
    
    Customer Statements
    
    Customizable Invoices
    
    Customizable Reports
    
    Customizable Rules
    
    Dashboard
    
    Data Import/Export
    
    Data Management
    
    Data Visualization
    
    Distribution Management
    
    Dynamic Pricing
    
    Electronic Funds Transfer
    
    Enterprise Asset Management
    
    Expense Claims
    
    Expense Management
    
    Financial Analysis
    
    Financial Management
    
    Financial Reporting
    
    Fixed Asset Management
    
    Forecasting
    
    For Grantmakers
    
    For Hospitality Industry
    
    For Real Estate
    
    For Small Businesses
    
    Fraud Detection
    
    Fund Accounting
    
    Gantt/Timeline View
    
    General Ledger
    
    Grant Application Management
    
    Grant Award Tracking
    
    HR Management
    
    Income & Balance Sheet
    
    Integrated Business Operations
    
    Inventory Control
    
    Inventory Management
    
    Investment Management
    
    Invoice Creation
    
    Invoice History
    
    Invoice Management
    
    Invoice Processing
    
    Mobile App
    
    Multi-Company
    
    Multi-Language
    
    Online Invoicing
    
    Online Payments
    
    Order Management
    
    Overpayment Processing
    
    Partial Payments
    
    Payment Collection
    
    Payroll Management
    
    Planning Tools
    
    Portfolio Management
    
    Price and Cost Calculations
    
    Price Optimization
    
    Procurement Management
    
    Product Configurator
    
    Profit/Loss Statement
    
    Progress Tracking
    
    Project Accounting
    
    Project Billing
    
    Project Management
    
    Proposal Generation
    
    Purchase Order Management
    
    Purchasing & Receiving
    
    Quotes/Estimates
    
    Real-Time Analytics
    
    Real-Time Data
    
    Real-Time Monitoring
    
    Real-Time Reporting
    
    Real-Time Updates
    
    Receipt Management
    
    Receivables Ledger
    
    Recommendations
    
    Reimbursement Management
    
    Remote Access/Control
    
    Reporting/Analytics
    
    Reporting & Statistics
    
    Requisition Management
    
    Resource Management
    
    Revenue Management
    
    Revenue Recognition
    
    Risk Analysis
    
    Risk Assessment
    
    Risk Management
    
    Rules-Based Workflow
    
    Spend Analysis
    
    Spend Control
    
    Status Tracking
    
    Supplier Management
    
    Supply Chain Management
    
    Task Management
    
    Tax Management
    
    Template Management
    
    Third-Party Integration
    
    Third-Party Integrations
    
    Time & Expense Tracking
    
    Transaction History
    
    Transaction Management
    
    Vendor Management
    
    Visualization
    
    "What If" Scenarios
    
    Workflow Management
    
    Yield Management
    

## Workday Financial Management Integrations

Salesforce Platform

Integration rated undefined from -1 review

## Workday Financial Management User Reviews

Overall Rating

4.4

Ratings Breakdown

5

52%

4

39%

3

6%

2

1%

1

2%

Secondary Ratings

Ease of Use

4.1

Value for money

4.2

Customer support

4.3

Functionality

4.4

Ravikant K.

Verified reviewer

Accounting

501-1000 employees

Used daily for less than 2 years

Review source

Reviewed April 2026

Excellent Financial Management Tool with Powerful Features

5

Overall, my experience with Workday Financial Management has been very good. It has streamlined financial processes, improved accuracy, and saved a lot of time through automation. Despite a few challenges during the initial phase, it proves to be a reliable and efficient solution for managing financial operations.

Ratings Breakdown

4

Ease of use

5

Value for money

4

Customer support

5

Functionality

Pros:

Workday Financial Management offers a clean and intuitive interface with powerful automation features that reduce manual work. The real-time reporting and analytics are extremely helpful for quick decision-making. I also liked its cloud-based accessibility, which allows working from anywhere, and its strong integration capabilities with other business systems.

Cons:

The initial setup and implementation can be time-consuming and may require expert support. There is also a learning curve for new users, especially for advanced features. Additionally, the cost may be a bit high for small businesses.

Reasons for switching to Workday Financial Management

Ease of use and the affordability of the software.

Read More

PD

Patricia D.

Verified reviewer

Banking

10000+ employees

Used daily for less than 2 years

Review source

Reviewed January 2026

Great experience using workday

5

My overall experience with workday is a positive experience since I did become proficient in using it. I liked how user friendly it was.

Ratings Breakdown

5

Ease of use

5

Value for money

5

Customer support

5

Functionality

Pros:

One of the features I liked the most on workday is the design . It breaks all categories into a list and you can click through.

Cons:

The con is that it can become confusing until you get the hang of it. I found the way to request paid time to be confusing.

Reasons for switching to Workday Financial Management

The switch was made to align more with the monthly and quarterly goals so career development.

Read More

KC

Kristine C.

Verified reviewer

Health, Wellness and Fitness

5001-10000 employees

Used daily for more than 2 years

Reviewed February 2026

Let's Get Back on Track

3

I love Workday, I really do. I work hard to show this system off and make our employees fall in love with it. That being said, the last few years have been ROUGH trying to defend this system and company. I couldn't be more thrilled to see \[sensitive content hidden\] out and \[sensitive content hidden\] back in the driver's seat. Workday has deviated far from their core values and the things that made me originally fall in love with this system 6 years ago. STOP messing with the search functionality. Get rid of "simplified search" or allow it to be turned on/off tenant-wide. Why is it when I type in 'start prox', the Start Proxy task is the 7th in the list returned? Things like this happen all the time and cost us all time. Very frustrating. STOP over-complicating your customer support model. This has caused us so many issues and grief over the past 2 years. We have not been able to keep track of all the things - functional review, optimization package, etc etc etc. We start one and months in are told that we selected the wrong thing. So frustrating! STOP over-engineering Community. Please bring back Brainstorms.

Ratings Breakdown

4

Ease of use

3

Value for money

3

Customer support

4

Functionality

Pros:

My favorite aspect of Workday Financials is the ability to drill down to transaction level within reports. This is a great feature.

Cons:

I feel as though over the years Workday has pushed functionality into Production too soon; in other words many of the features are, in my opinion, at about 80-90% complete. Prime example would be recurring journals. The idea behind this is genius, however the fact that there is no BP for recurring journal templates sort of negates the idea of allowing these journals to post without approvals (which I imagine is what most customers want, myself included). Another example would be amortizing prepaid schedule installments - how many years have customers been asking to have the ability to schedule installments out to a certain DATE instead of 'Accounting Date Days Ahead'?

Read More

SK

Siamak K.

Verified reviewer

Information Technology and Services

501-1000 employees

Used weekly for more than 2 years

Review source

Reviewed August 2025

Business Application that Works like it Should

5

We have streamlined most of our Finance processes using Workday Financials. It has an easy-to-use interface with a strong back-end for customizing business processes. Easy to onboard and integrate new company acquisitions. Great APIs for billing integration with 3rd party applications.

Ratings Breakdown

5

Ease of use

5

Value for money

5

Customer support

5

Functionality

Pros:

Great integration with Payroll and HCM modules. Complete suite of financial modules. User-friendly user interface.

Cons:

A better integration with Adaptive Planning would be helpful. Some Financial dashboards are not available out of the box.

Reasons for switching to Workday Financial Management

moving to SaaS and integration with HCM/Payroll

Read More

AJ

Amanda J.

Verified reviewer

Transportation/ Trucking/ Railroad

5001-10000 employees

Used daily for more than 2 years

Reviewed January 2026

Workday Financials POV, almost 10 years of experience

5

After using Workday for fin management, I don't want to work with anything else, truly. After working (for a short period) with a mix of programs, then getting to move into Workday with my company, I can't imagine going back. Everything is in one place, can be easily located and acts as one source of truth. There is a lot less room for risk and less labor being spent zigzagging between sources to ensure everything aligns.

Ratings Breakdown

4

Ease of use

4

Value for money

4

Customer support

5

Functionality

Pros:

Lots of flexibility for custom rules/validations, lots of pre-built items available such as calculations and reports. Once you get the hang of your area and related cause/effect, becomes second nature on how to make related changes to align with your company's needs.

Cons:

Sometimes bugs come up that take longer to resolve than desired. They aren't often, but on the plus side, they do typically offer information on how to work around the bug while its resolution is in progress.

Read More

Ashley B.

Verified reviewer

Consumer Services

2-10 employees

Used daily for less than 6 months

Review source

Reviewed January 2026

Workday is the worst!!!

1

I've had a terrible experience with Workday and do not like it. It takes too much time to do anything.

Ratings Breakdown

1

Ease of use

2

Value for money

2

Customer support

2

Functionality

Pros:

The only thing I like about Workday is the layout. It's customizable and easy to find what I'm looking for.

Cons:

There are lots of things I don't like about Workday like how it makes everything more complicated than it is.

Reasons for switching to Workday Financial Management

It was t my decision. Someone else made the switch and I'm not happy about it.

Read More

Kristl K.

Verified reviewer

Insurance

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed January 2026

Workday Payroll System

4

My overall experience with Workday has been pleasant and easy to understand. I like the reminders it sends if it's time to submit myu time card.

Ratings Breakdown

4

Ease of use

3

Value for money

4

Customer support

3

Functionality

Pros:

Workdah is very user friendly when it comes to entering and submitting my hours. I also like that I have a HR section to see notification from HR. I like that it lets you manage my vacation leave and sick leave

Cons:

It requires me to change my password to often and I have a hard time remembering my password sometimes because I have so many. I don't like that you have to call I.T. to obtain my new password if I forget it

Read More

VR

Verified

Reviewer

Education Management

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed March 2026

Hard to learn for some but works for what it's needed to do

5

It's what we use for all our payments received and invoices charged. I've been using it for years now and it's just second nature.

Ratings Breakdown

3

Ease of use

5

Value for money

4

Customer support

4

Functionality

Pros:

I use workday to submit payments and invoices received. I like that everything is in one space to submit and you can look back on previous invoices and payment.

Cons:

I don't think it's super straightforward. I'm good with technology so I figured it out quickly, but I know others on our team struggled. I also don't like when I'm submitting payments and I have multiple entries with different categories I have to enter all the information over and over. I wish it would copy over.

Read More

KW

Kendall W.

Verified reviewer

Construction

1001-5000 employees

Used daily for more than 2 years

Reviewed February 2026

Kendall's Review

4

I have a very positive view of Workday Financial Management. I really like the software and the vast range of configuration options available, which makes it flexible enough to support complex and unique business needs. The depth of functionality allows organizations to tailor processes, reporting, and controls in a way that truly fits their operations. While it does come with a learning curve, especially for new users, that complexity reflects its power and scalability. Once you get familiar with it, the system feels intuitive and well designed. Overall, Workday Financial Management is a robust, adaptable platform that rewards the time invested in learning it.

Ratings Breakdown

4

Ease of use

4

Value for money

4

Customer support

4

Functionality

Pros:

The ability to configure any and all needs is at the top of my list. I have worked with other software, like Paycor and PrismHR and neither had anywhere near the capability that Workday holds.

Cons:

The pro is also a con - While the ability to configure all needs is wonderful, it does com with a bit of a learning curve. I also wish topics in community would be more easily found.

Read More

JM

Jason M.

Verified reviewer

Financial Services

5001-10000 employees

Used daily for more than 2 years

Reviewed December 2025

Review of Workday Fin from VP of Fin Sys

5

Ratings Breakdown

4

Ease of use

5

Value for money

5

Customer support

4

Functionality

Pros:

Workday Financial Management provides a comprehensive financial management solution that seamlessly integrates complex financial processes into a single, unified system, allowing organizations to streamline their financial operations with unprecedented efficiency. By offering a centralized platform that connects various financial reporting and analysis functions, the system eliminates data silos and enables finance teams to gain holistic insights across different departments and financial domains.

Cons:

The releases usually only have small enhancements for the financial side. I really think they could put some power behind that.

Read More

Showing 1 - 10 of 88 Reviews

[See All Reviews](https://www.softwareadvice.com/accounting/workday-financial-management-profile/reviews/)

## Workday Financial Management Popular Comparisons

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