Compare Paychex and Workday Financial Management 
At a Glance
Market Segments
Small-Business (75.4% of reviews)
Enterprise (53.6% of reviews)
Entry-Level Pricing
Contact Vendor for Pricing
No pricing available
Paychex
Star Rating
(1,646)4.1 out of 5
Market Segments
Small-Business (75.4% of reviews)
Pros & Cons
Entry-Level Pricing
Contact Vendor for Pricing
Learn more about PaychexWorkday Financial Management
Star Rating
(209)4.1 out of 5
Market Segments
Enterprise (53.6% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about Workday Financial ManagementSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that Paychex excels in user-friendliness, with many users appreciating its clean interface and the ability to track pay and deductions easily. This makes it a strong choice for small businesses looking for straightforward payroll solutions.
- Users say that Workday Financial Management shines in its unified architecture, which helps eliminate data silos and supports scalable financial processes. This feature is particularly valued by financial systems leaders who need comprehensive reporting capabilities.
- Reviewers mention that Paychex offers a quick and intuitive setup process, making it easier for small businesses to get started. Users have highlighted the real-time paycheck visibility as a significant advantage, enhancing their overall payroll experience.
- According to verified reviews, Workday Financial Management is praised for its robust reporting features and real-time analytics, which help organizations make informed financial decisions. Users appreciate the ability to pull detailed reports to better understand their financial health.
- G2 reviewers note that while both platforms provide quality support, Paychex is often seen as a one-stop shop for payroll and HR needs, with users highlighting the convenience of contacting customer service for assistance.
- Users indicate that Workday Financial Management offers superior mobile user support, with features like a dedicated phone app that enhances accessibility for users on the go, making it a strong contender for larger enterprises with remote teams.
Pricing
Entry-Level Pricing
Workday Financial Management
No pricing availableFree Trial
Paychex
No trial information availableWorkday Financial Management
No trial information availableRatings
Meets Requirements
8.7
1,317
8.7
160
Ease of Use
8.5
1,378
8.3
161
Ease of Setup
8.3
988
7.8
63
Ease of Admin
8.5
965
7.7
32
Quality of Support
8.3
1,271
8.2
139
Has the product been a good partner in doing business?
8.5
963
8.2
32
Product Direction (% positive)
7.5
1,295
8.5
152
Features by Category
Core HR
8.1
114
Not enough data
7.9
107
Not enough data
7.8
53
Not enough data
8.1
77
Not enough data
8.4
114
Not enough data
7.8
115
Not enough data
Generative AI
4.3
5
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Expense Reports
8.4
40
|
Verified
8.7
26
8.2
32
|
Verified
8.2
26
Feature Not Available
7.9
26
8.1
26
|
Verified
8.8
23
8.8
37
|
Verified
9.0
24
Feature Not Available
8.2
23
7.4
19
|
Verified
8.6
22
Agentic AI - Expense Management
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Travel Management
Feature Not Available
8.0
20
Feature Not Available
7.9
20
Feature Not Available
7.9
19
7.5
16
|
Verified
8.0
20
Client Invoicing
Feature Not Available
8.7
23
Feature Not Available
8.8
21
8.2
75
|
Verified
8.6
22
Mobile
7.6
25
|
Verified
9.0
21
7.5
21
|
Verified
8.7
19
Feature Not Available
8.4
19
Platform
7.7
13
8.3
17
7.8
24
|
Verified
9.2
18
Administration
8.5
26
|
Verified
8.6
17
Administration
8.0
134
|
Verified
8.7
21
7.9
136
|
Verified
9.1
23
8.1
140
|
Verified
8.7
21
7.9
130
|
Verified
8.9
22
8.3
198
|
Verified
8.7
21
Platform
8.2
216
|
Verified
9.2
23
7.7
98
|
Verified
8.8
18
6.9
34
9.0
21
8.2
207
|
Verified
9.1
22
8.0
148
|
Verified
9.3
20
7.5
75
|
Verified
8.6
18
General Ledger
Not enough data
8.2
45
|
Verified
Not enough data
8.1
45
|
Verified
Not enough data
8.5
46
|
Verified
Accounts Receivable
Not enough data
8.2
40
|
Verified
Not enough data
8.0
35
|
Verified
Not enough data
8.1
36
|
Verified
Accounts Payable
Not enough data
7.9
40
|
Verified
Not enough data
8.1
40
|
Verified
Not enough data
7.8
40
|
Verified
Other Functionality
Not enough data
8.0
37
|
Verified
Not enough data
8.2
36
|
Verified
Not enough data
8.2
37
|
Verified
Not enough data
8.0
44
|
Verified
Not enough data
8.1
44
|
Verified
Not enough data
7.9
47
|
Verified
Not enough data
8.3
44
|
Verified
Not enough data
8.0
49
|
Verified
Reporting & Analytics
Not enough data
8.4
50
|
Verified
Not enough data
8.5
53
|
Verified
Not enough data
8.5
44
|
Verified
Not enough data
8.3
56
|
Verified
Platform
Not enough data
7.5
55
|
Verified
Not enough data
8.1
53
Not enough data
7.9
51
|
Verified
Not enough data
8.3
36
|
Verified
Not enough data
8.5
52
|
Verified
Not enough data
8.2
45
|
Verified
Integration
Not enough data
8.1
43
|
Verified
Not enough data
8.2
38
|
Verified
Not enough data
Feature Not Available
Cash Flow
Not enough data
8.3
20
|
Verified
Not enough data
8.5
20
|
Verified
Not enough data
8.9
19
|
Verified
Budgeting & Forecasting
Not enough data
8.5
44
|
Verified
Not enough data
8.5
21
|
Verified
Not enough data
8.2
18
|
Verified
Not enough data
8.4
20
|
Verified
Revenue
Not enough data
8.9
17
|
Verified
Not enough data
8.7
18
|
Verified
Not enough data
8.6
20
|
Verified
Payroll
Not enough data
Feature Not Available
Not enough data
8.4
19
|
Verified
Not enough data
8.1
19
|
Verified
Not enough data
8.7
19
|
Verified
AI
Not enough data
7.2
10
Not enough data
6.9
9
Not enough data
7.6
9
Not enough data
8.1
9
Not enough data
7.6
9
Not enough data
7.4
9
Not enough data
7.0
9
Not enough data
7.6
9
Not enough data
7.2
9
Not enough data
6.8
10
Mobile Applications - Accounting
Not enough data
8.8
8
Not enough data
8.1
7
Not enough data
8.6
6
Not enough data
6.9
6
Not enough data
8.6
6
Not enough data
9.2
6
Agentic AI - Accounting
Not enough data
5.0
5
Employee Self Service
8.6
854
|
Verified
Not enough data
8.0
546
|
Verified
Not enough data
8.3
529
|
Verified
Not enough data
Administration
8.7
862
|
Verified
Not enough data
7.9
562
|
Verified
Not enough data
9.3
933
|
Verified
Not enough data
8.5
407
|
Verified
Not enough data
8.9
779
|
Verified
Not enough data
8.7
563
|
Verified
Not enough data
8.6
457
|
Verified
Not enough data
9.1
782
|
Verified
Not enough data
9.1
832
|
Verified
Not enough data
Taxes
9.1
879
|
Verified
Not enough data
9.0
834
|
Verified
Not enough data
9.1
827
|
Verified
Not enough data
Integration
7.8
263
|
Verified
Not enough data
7.7
302
|
Verified
Not enough data
7.7
306
|
Verified
Not enough data
7.6
265
|
Verified
Not enough data
Platform
8.6
861
|
Verified
Not enough data
8.6
840
|
Verified
Not enough data
8.7
876
|
Verified
Not enough data
8.7
728
|
Verified
Not enough data
Benefits Administration Platform Features
8.2
232
Not enough data
7.9
195
Not enough data
7.0
112
Not enough data
8.3
172
Not enough data
8.5
189
Not enough data
8.2
225
Not enough data
8.4
210
Not enough data
7.9
151
Not enough data
Benefits Administration Platform Features
8.2
232
Not enough data
7.9
195
Not enough data
7.0
112
Not enough data
8.3
172
Not enough data
8.5
189
Not enough data
8.2
225
Not enough data
8.4
210
Not enough data
8.3
222
Not enough data
7.9
151
Not enough data
7.6
101
Not enough data
5.8
19
Not enough data
6.7
23
Not enough data
Generative AI
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Compliance
6.7
10
Not enough data
6.7
8
Not enough data
6.7
10
Not enough data
Platform
6.5
9
Not enough data
7.0
9
Not enough data
6.5
9
Not enough data
Support
6.2
10
Not enough data
7.0
9
Not enough data
6.9
8
Not enough data
6.5
11
Not enough data
6.9
12
Not enough data
6.0
13
Not enough data
6.0
12
Not enough data
Automation
7.4
26
Not enough data
Logistics
8.0
31
Not enough data
7.6
28
Not enough data
6.9
26
Not enough data
Management
6.7
20
Not enough data
7.5
21
Not enough data
7.8
26
Not enough data
8.1
31
Not enough data
8.2
31
Not enough data
8.4
32
Not enough data
7.7
29
Not enough data
Monitoring
7.7
26
Not enough data
7.7
27
Not enough data
7.2
27
Not enough data
Revenue Recognition
Not enough data
8.5
27
Not enough data
8.5
28
Not enough data
8.5
27
Not enough data
8.5
27
Not enough data
8.7
28
Revenue Performance
Not enough data
8.1
25
Not enough data
8.8
22
Not enough data
8.3
22
Not enough data
8.2
24
Not enough data
8.2
22
Revenue Optimization
Not enough data
7.7
24
Not enough data
7.7
22
Not enough data
7.7
22
Not enough data
8.5
24
Integration
Not enough data
8.5
20
Not enough data
8.7
20
Not enough data
8.3
20
Not enough data
8.5
18
Basics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Additional Functionality
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Content
Not enough data
Not enough data
Not enough data
Not enough data
Recruiting and Onboarding
6.7
20
Not enough data
6.6
49
Not enough data
7.5
21
|
Verified
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Background Check Administration
8.0
20
Not enough data
8.2
10
Not enough data
8.0
10
Not enough data
Background Check Data
7.8
9
Not enough data
6.9
7
Not enough data
7.8
9
Not enough data
Background Check Additional Functionality
6.7
8
Not enough data
6.5
8
Not enough data
5.2
7
Not enough data
AI Insight Check - Background Check
Feature Not Available
Not enough data
AI Investigation and Verification - Background Check
Not enough data
Not enough data
Platform Basics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform Content
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform Additional Functionality
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Performance reviews
5.0
8
Not enough data
6.9
9
Not enough data
5.6
8
Not enough data
Goals
6.0
8
Not enough data
6.2
7
Not enough data
Feedback
6.5
9
Not enough data
6.5
8
Not enough data
6.5
8
Not enough data
6.0
7
Not enough data
Data
6.7
8
Not enough data
6.7
9
Not enough data
Agentic AI - Performance Management
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Bill Generation
Not enough data
9.0
13
Not enough data
8.6
14
Not enough data
9.0
13
Bill Processing
Not enough data
9.0
13
Not enough data
8.6
13
Not enough data
8.6
14
Integration
Not enough data
8.7
14
Not enough data
8.8
14
Not enough data
8.9
12
Agentic AI - Billing
Not enough data
Not enough data
Reports
6.8
11
Not enough data
6.9
12
Not enough data
6.8
12
Not enough data
8.2
12
Not enough data
Cleaning
6.4
13
Not enough data
7.6
11
Not enough data
8.0
11
Not enough data
Generative AI
Feature Not Available
Not enough data
6.9
9
Not enough data
5.7
9
Not enough data
Generative AI
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Agentic AI - Applicant Tracking Systems (ATS)
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Sourcing
8.0
15
Not enough data
8.2
13
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Candidate Management - Applicant Tracking System
8.1
15
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
AI - Applicant Tracking Systems (ATS)
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Onboarding
Feature Not Available
Not enough data
Not enough data
Not enough data
Feature Not Available
Not enough data
Not enough data
Not enough data
Feature Not Available
Not enough data
Platform Content
8.0
106
Not enough data
8.2
114
Not enough data
8.2
95
Not enough data
7.6
47
Not enough data
7.0
46
Not enough data
7.1
45
Not enough data
Platform Additional Functionality
8.4
129
Not enough data
7.5
51
Not enough data
7.9
60
Not enough data
7.8
82
Not enough data
7.9
100
Not enough data
Platform Data
7.6
56
Not enough data
7.9
77
Not enough data
7.6
64
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Recruiting and Onboarding
6.6
49
Not enough data
8.3
116
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Course Authoring
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Course Delivery
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Course Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
LMS Marketplace
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Interface
Not enough data
Not enough data
Not enough data
Not enough data
Training & eLearning
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Agentic AI - Corporate Learning Management Systems
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Time Tracking
8.3
217
Not enough data
8.3
131
Not enough data
8.4
94
Not enough data
Client Invoicing
Feature Not Available
8.7
23
Feature Not Available
8.8
21
8.2
75
|
Verified
8.6
22
Mobile Time Tracking
8.3
150
Not enough data
Administration
8.0
134
|
Verified
8.7
21
7.9
136
|
Verified
9.1
23
8.1
140
|
Verified
8.7
21
7.9
130
|
Verified
8.9
22
8.3
198
|
Verified
8.7
21
Platform
8.2
216
|
Verified
9.2
23
7.7
98
|
Verified
8.8
18
6.9
34
9.0
21
8.2
207
|
Verified
9.1
22
8.0
148
|
Verified
9.3
20
7.5
75
|
Verified
8.6
18
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Workforce Management Platform Features
8.8
31
Not enough data
8.0
27
Not enough data
8.6
68
Not enough data
8.4
67
Not enough data
8.4
29
Not enough data
Feature Not Available
Not enough data
8.8
41
Not enough data
9.0
59
Not enough data
7.7
27
Not enough data
8.2
38
Not enough data
Platform
7.5
312
Not enough data
7.4
165
Not enough data
Feature Not Available
Not enough data
8.3
400
Not enough data
8.5
410
Not enough data
8.0
292
Not enough data
8.2
401
Not enough data
8.5
424
Not enough data
Categories
Categories
Shared Categories
Paychex and Workday Financial Management are categorized as Expense Management
Unique Categories
Paychex is categorized as Candidate Relationship Management, Time Tracking, PEO Providers, Time & Attendance, Applicant Tracking Systems (ATS), Benefits Administration, Performance Management, Payroll, Workforce Management, Background Check, HR Analytics, Corporate Learning Management Systems, Employee Perks, Onboarding, Core HR, HCM Software, and Employee Recognition
Reviews
Reviewers' Company Size
Paychex
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Workday Financial Management
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Non-Profit Organization Management
7.0%
Construction
6.2%
Hospital & Health Care
4.7%
Real Estate
3.9%
Retail
3.9%
Other
74.3%
Financial Services
15.9%
Accounting
8.7%
Higher Education
7.2%
Computer Software
5.6%
Information Technology and Services
4.1%
Other
58.5%
Discussions
We have reduced employees, yet still pay the same bi-monthly fee. Shouldn't it be lower?
7 Comments
EG
There is probably a base rate, determined by a minimum number of employees. As long as you have more than the minimum number of employees, the fee would be...Read more
Paycheck Stubs
3 Comments
EG
15 minutes does not seem like an inordinate amount of time for a payroll to be processed, especially if you are submitting it on a day when a multitude of...Read more
Could you gear the instructions to the CLIENT instead of the PayChex representative?
2 Comments
EG
Paychex provided a printout that we give to employees that tells them how to set up their accounts. When I set up the company's online account a few years...Read more
With which tools do you recommend me to integrate Workday?
1 Comment
VK
Hey thanks for this informative post, if you by any chance face <a...Read more
Workday Financial Management has no more discussions with answers
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