What is Workday Spend Management?
Make expense reporting seamless. Easily capture, submit, and approve expense reports—at work or on the go—with expense reporting software from Workday. Lower costs, improved accuracy, better expense tracking, and faster reimbursements.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
84 Likeliness to Recommend
95 Plan to Renew
83 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+91 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Workday Spend Management?
Pros
- Continually Improving Product
- Security Protects
- Fair
- Performance Enhancing
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Expense Detail Tracking
Receipt Image Submission
Approval Workflow
Multi Currency
Expense Itemization
Optical Character Recognition
Single Sign-On (SSO)
Desktop Browser Support
Expense Policy Aware
Mobile App or Mobile Browser Support
Travel Profile
Vendor Capability Ratings
Breadth of Features
Quality of Features
Product Strategy and Rate of Improvement
Ease of IT Administration
Usability and Intuitiveness
Business Value Created
Availability and Quality of Training
Vendor Support
Ease of Data Integration
Ease of Implementation
Ease of Customization
Workday Spend Management Reviews
Harendra R.
- Role: Sales Marketing
- Industry: Telecommunications
- Involvement: End User of Application
Submitted Jan 2023
Features a flexible approval system
Likeliness to Recommend
What differentiates Workday Spend Management from other similar products?
Easy to create accessible centralized storage hub to track all monetary outlay costs which gives us the ability to thoroughly analyze where money is being spent and enabled assessment of potential cost-cutting strategies.
What is your favorite aspect of this product?
It offers audit-ready reports that help improve the visibility and accuracy if expense reports, streamlining the accounts payable process and simplifying the process for employees to file for reimbursement.
What do you dislike most about this product?
A feature like an integrated chatbot can help keep both the sales and finance teams on the same page and communicate efficiently and ensure we have real-time alerts to assist with forecasting cash flow.
What recommendations would you give to someone considering this product?
It is a modern spend management software that help companies manage better and bring visibility to their expenses, enabling digitization of corporate cards and automating payments and reimbursements.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Meghan R.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Oct 2022
Efficient Expense Control Platform
Likeliness to Recommend
What differentiates Workday Spend Management from other similar products?
Workday Expense coordinates the usage of every financial expense in the fur..
What is your favorite aspect of this product?
Workday Expense verifies every transaction for business proficiency.
What do you dislike most about this product?
Workday Expense navigates proper follow up for solid financial discipline.
What recommendations would you give to someone considering this product?
Workday Expense is a highly contemplated financial management software.
Pros
- Helps Innovate
- Enables Productivity
- Trustworthy
- Inspires Innovation
Zach J.
- Role: Operations
- Industry: Other
- Involvement: End User of Application
Submitted Oct 2022
Workday is an all-in-one software
Likeliness to Recommend
What differentiates Workday Spend Management from other similar products?
Beneficial if you need to generate reports regularly is the option to store and retrieve a subset of words at any time. The design team behind Workday did an excellent job creating a user-friendly UI. Since I am the allowed approver of all expenditures related to my cost center, I have no objections.
What is your favorite aspect of this product?
With Workday, I can easily and quickly reconcile any invoices, requisitions, and reimbursements that come through my office and keep track of all of my personal information and documents in one central location. Simple report-making and minimal time spent coding integrations. An intuitive interface and quick iteration time make dashboards easy to build and implement—quick access to payroll and tax records.
What do you dislike most about this product?
Expenses can be "glitchy," and the fields might sometimes confuse. One expenditure report may seem daunting at first, but once you've completed one, you'll see it's relatively straightforward. Report generation is also prone to occasional bugs. Aside from some potential muddles in the "inbox" or "archive" area, Workday is excellent financial management software.
What recommendations would you give to someone considering this product?
Workday's fantastic interface makes it simple to pick up without compromising the solution's efficacy. Fast, cheap, and easily kept up with. This tool has dramatically simplified our human resources operations. Internal financial reporting, of course, but also people management, recruitment, benefits, and more. The process of making and sticking to a budget is no longer a monumental one.
Pros
- Performance Enhancing
- Enables Productivity
- Trustworthy
- Effective Service
