Expensify vs Workday

Overview

Expensify

Stacks95

Followers84

Votes0

Workday

Stacks75

Followers68

Votes2

Expensify vs Workday: What are the differences?

Cost: Expensify is primarily an expense management software that helps businesses track expenses efficiently, while Workday is a comprehensive cloud-based human resources and financial management system. The key difference in cost between the two lies in their pricing structure - Expensify typically charges a per-user fee for access to its platform, whereas Workday is priced based on modules implemented and the number of employees using the system. This means that smaller businesses with fewer employees may find Expensify more cost-effective, while larger organizations may prefer the scalability of Workday.
Functionality: Expensify is designed specifically for expense tracking and reporting, making it a highly specialized tool for managing business expenses. On the other hand, Workday offers a much broader range of functionalities beyond expense management, including human resources, payroll, talent management, and financial management. This makes Workday a more comprehensive solution for organizations looking for an all-in-one platform to manage various aspects of their business operations.
Integration Capabilities: Expensify is known for its seamless integration with various accounting software, such as QuickBooks, Xero, and NetSuite, making it easy for businesses to sync expense data with their existing financial systems. Workday, on the other hand, also offers integration capabilities but is more focused on its own ecosystem, providing integrations with other Workday modules and select third-party applications. Organizations that rely heavily on multiple software systems may find Expensify's wide range of integrations more suitable for their needs.

In Summary, Expensify and Workday differ in terms of cost, functionality, and integration capabilities, catering to businesses of different sizes and operational requirements.

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Detailed Comparison

Expensify	Workday
Streamline the way your employees report expenses, the way expenses are approved, and the way you export that information to your accounting package.	Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers human capital management, financial management, and analytics applications designed for the world’s largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Add cash expenses, automatically import all card transactions;Capture mileage, time, and other reimbursable/billable expenses;Code expenses to GL accounts, clients/projects, and custom fields;Unlimited receipt upload and storage;Auto-association of receipts to expenses;Process hundreds of reports in one click;Centrally administer and reconcile all company card transactions, at any time;Reimburse via ACH Direct Deposit, PayPal or payroll, all at no additional cost;Automated controls eliminate duplicate expenses;Automated, rule-based approval workflow;Set specific rules based on expense type, including required comments;Strict policy enforcement ensures compliance with company rules;Report history with digital signatures and full audit trail;Snap pictures of receipts on the go;Create and submit expense reports from your phone;Free mobile apps for iOS, Android, BlackBerry, and Windows Phone	Financial Management;Big Data Analytics;Human Capital Management;Integration Cloud
Statistics
Stacks 95	Stacks 75
Followers 84	Followers 68
Votes 0	Votes 2
Pros & Cons
No community feedback yet	Pros 2 Community Contribution
Integrations
Yammer Salesforce Sales Cloud NetSuite	No integrations available

What are some alternatives to Expensify, Workday?

SAP

It is an ERP (Enterprise Resource Planning) software used for effective business operations. It is used for below operations: Supply Chain Management. Product lifecycle management.

NetSuite

One complete system including accounting, CRM, inventory, and ecommerce. With NetSuite, you can implement the complete business software suite to run your entire business better or begin with one module and add functionality as you need it.

Sage

It brings together everything you need under one platform to manage your accounting, financials, operations, people & payroll.

ERPNext

It is an open source ERP software. It is a full-featured business management solution that helps SMEs to record all their business transactions in a single system. With this tool, SMEs can make informed, fact-based, timely decisions to remain ahead in the competition. It serves as the backbone of a business adding strength, transparency, and control to your growing enterprise.

Concur

Employees can book domestic and international flights, reserve rental cars and make hotel and rail reservations - all from their smartphones or desktop browser. Thanks to the integration of travel with expense reporting, all itineraries and credit card charges are automatically imported.

1C:Enterprise Platform

Build business management solutions in Horeca, Retail, Manufacture, Logistic, Finance and other industries. Automate wide range of business tasks (ERP, EAM, CRM, CPM, WMS, etc.)

Invoice Ninja

It is an open-source platform to invoice, track payments, expenses, and time billable tasks for clients. Less time working, more time living. Create. Send. Get Paid.

Bento for Business

Control how much, where & when employees spend money. Turn cards on/off with one click. Set spending limits, get real-time alerts & enjoy peace of mind.

Saviom

It is a product specialist with bespoke resource management, workforce planning and project portfolio management suites. Tailored for medium and large enterprises wishing to do more with fewer resources, it has crafted a niche for itself in the resource efficiency space.

Ramp

Replace expense reports with unlimited virtual and physical cards. Automate your accounting, lower your bills, and earn 1.5% cash back on everything.

Related Comparisons

Expensify vs Workday: What are the differences?

Cost: Expensify is primarily an expense management software that helps businesses track expenses efficiently, while Workday is a comprehensive cloud-based human resources and financial management system. The key difference in cost between the two lies in their pricing structure - Expensify typically charges a per-user fee for access to its platform, whereas Workday is priced based on modules implemented and the number of employees using the system. This means that smaller businesses with fewer employees may find Expensify more cost-effective, while larger organizations may prefer the scalability of Workday.
Functionality: Expensify is designed specifically for expense tracking and reporting, making it a highly specialized tool for managing business expenses. On the other hand, Workday offers a much broader range of functionalities beyond expense management, including human resources, payroll, talent management, and financial management. This makes Workday a more comprehensive solution for organizations looking for an all-in-one platform to manage various aspects of their business operations.
Integration Capabilities: Expensify is known for its seamless integration with various accounting software, such as QuickBooks, Xero, and NetSuite, making it easy for businesses to sync expense data with their existing financial systems. Workday, on the other hand, also offers integration capabilities but is more focused on its own ecosystem, providing integrations with other Workday modules and select third-party applications. Organizations that rely heavily on multiple software systems may find Expensify's wide range of integrations more suitable for their needs.

In Summary, Expensify and Workday differ in terms of cost, functionality, and integration capabilities, catering to businesses of different sizes and operational requirements.

Expensify vs Workday

Overview