Workday Financial Management (FINS)

What do you like best about the product?

What I like most about Workday Financial Management is how easy it is to manage financial data in one place. The reporting and dashboards are intuitive, and real-time visibility into transactions makes it easier to track performance, identify issues, and make informed decisions without relying heavily on manual spreadsheets.

What do you dislike about the product?

The main thing I dislike is that some features can feel complicated to set up and navigate, especially for new users. Reporting and customization can also require a learning curve, and certain workflows may take more steps than expected.

What problems is the product solving and how is that benefiting you?

Workday Financial Management helps solve problems around manual financial processes, scattered data, and limited visibility into transactions. Having financial information and reporting in one system makes it easier for me to track expenses, manage transactions, access reports, and make decisions faster with more accurate information.

What do you like best about the product?

I like the ease in which all artifacts are linked. I work in the ledgers a lot and I like that I can easily get to the source and journals that I need to review

What do you dislike about the product?

I struggle the most with reporting. It seems to be difficult to get exactly what I need on one report. I often have to cobble together multiple reports to be able to get the details that I need

What problems is the product solving and how is that benefiting you?

Since moving to Workday from SAP, I am able to get information faster and do not have to remember special task names. Now I can quickly move between tasks and access the details that I need

What do you like best about the product?

I like how Workday Financial Management helps companies manage their accounting process and record-keeping. I find the integration capabilities valuable and appreciate the General Ledger feature. Additionally, the initial setup was very easy for my team.

What do you dislike about the product?

Nothing

What problems is the product solving and how is that benefiting you?

Workday Financial Management helps manage our accounting process and record-keeping, and I appreciate its integration capabilities.

What do you like best about the product?

I like the centralized services of Workday Financial Management because everything is connected and in one place. This makes it easy for me to manage various tasks without juggling multiple platforms. The setup was also very easy with low friction, which was a relief and made the transition seamless.

What do you dislike about the product?

The UI can look a bit more modern, especially compared to some competitors. A more intuitive design overall, with cleaner blocks and buttons and a softer color palette, would be great.

What problems is the product solving and how is that benefiting you?

Workday Financial Management helps manage decentralized work streams and file management, offering centralized services with everything connected and in one place.

What do you like best about the product?

The UI is very user friendly and easy to navigate. The integration to the other tools were very easy and employee training was seamless. Compared to the tool we used prior to Workday Financial Management, the daily reporting has become easier over time. The performance thus far has been great and conducive to what were wanting and needing. The price point a little bit higher, but worth the ROI. The AI features are adaptive, still not have not utilized that tool much. All in all, financial data, workforce data, and operational data can be analyzed together in real time, helping organizations make faster decisions.

What do you dislike about the product?

To be honest, still getting use to the functionality, but no complaints. I enjoy that the new tool is easy to navigate, used daily, and performance has been upgraded form our prior product.

What problems is the product solving and how is that benefiting you?

All in all, financial data, workforce data, and operational data can be analyzed together in real time, helping organizations make faster decisions - love the product.

What do you like best about the product?

The ability to pull data from all of our systems into one to show us any issues. I also like the ability to report and view from all aspects of workday.

What do you dislike about the product?

At this time, some of the delivered reports are very basic, as with a lot of workday, if they could provide more robust and detailed reports for financial tracking, it would be better.

What problems is the product solving and how is that benefiting you?

Workday is providing us with better data and insights with the availability to report off of multiple operating areas such as benefits, payroll, etc. It is nice to be in one system

What do you like best about the product?

Workday Financial Management is transparent and makes it easy to view high-level overviews, while still allowing me to drill down into individual data points or specific information whenever I need to.

What do you dislike about the product?

There’s a steep learning curve. While some actions and tasks are fairly intuitive, other processes require the user to go through multiple steps that seem unnecessary just to reach the same result.

What problems is the product solving and how is that benefiting you?

The Total Rewards and Compensation records and analysis make managing my team easier because the information is readily available, and I can print or download it whenever necessary.

What do you like best about the product?

Workday Financial Management is that it brings financial information and processes together in one centralized system. It makes it easier to access real-time data, track transactions, and complete financial tasks efficiently. I also appreciate the reporting capabilities and the ability to find the information needed to make informed decisions without having to use multiple systems. The value is good compared to the cost. Workday Financial Management provides useful tools, centralized information, and reporting capabilities that can improve efficiency and reduce the time spent on manual processes. While the cost can be significant, the overall functionality and convenience provide reasonable value.

What do you dislike about the product?

It can sometimes feel complicated and not very user-friendly. Certain tasks require several steps, and it is not always easy to locate the information or feature you need without additional guidance or training.

What problems is the product solving and how is that benefiting you?

Workday Financial Management helps solve the challenge of keeping financial information organized and accessible in one place. It streamlines processes, reduces the need for manual tracking, and provides better visibility into financial data. This benefits me by saving time, improving accuracy, and making it easier to complete tasks and find the information I need.

What do you like best about the product?

I like using Workday Financial Management because it allows me to maintain accuracy and stay in contact with employees who have questions or concerns. The easy-to-use tools and clean interface, along with the variety of options, make it valuable. It helps me do my job more efficiently and allows me to share information with fellow employees and colleagues. It's very user-friendly.

What do you dislike about the product?

So far nothing

What problems is the product solving and how is that benefiting you?

I find Workday Financial Management helps me maintain accuracy and perform my job efficiently. It facilitates my communication with employees and allows me to share information with colleagues, maintaining accurate accounting for all employee-related processes.

What do you like best about the product?

I use Workday Financial Management to review company financial data and monitor forecasts and budgets, which gives me a centralized view of all financial tasks, simplifying day-to-day finance management. I like that information is available in real time, with all the reports I need in one system, making decision-making faster and easier and allowing for easier analysis of results. Having financial data and reporting in one place improved my visibility and made information more accessible. I used to rely on outdated reports or spreadsheets, but having real-time information allows me to quickly identify budget variances, monitor spending, and respond to issues immediately.

What do you dislike about the product?

I find that some reports require customization. I have to add required fields and modify how I want to view the data.

What problems is the product solving and how is that benefiting you?

I use Workday Financial Management to review company financial data and monitor forecasts and budgets. It centralizes financial tasks, enhancing visibility and accessibility. Real-time information helps quickly identify budget variances, monitor spending, and respond promptly, simplifying decision-making.