Workday stands out for its integrations with over 600 third-party tools, in-depth people analytics, and AI-driven employee engagement and skills management. It features the Workday Peakon Employee Voice, an AI-based tool for employee engagement, and the Workday Skills Cloud for AI-based hiring and employee development. Its mobile apps are highly rated for user-friendliness and accessibility, though the Android version has received complaints about bugs.

Best For:

Large companies with over 2,000 employees and complex operations across multiple regions or entities. The system can be used by a wide range of industries including: financial services, healthcare and life sciences, higher education, manufacturing, retail and hospitality, service businesses, state and local government, and technology firms.

TallyPrime is a business management software designed for companies prioritizing growth, efficient cash flow, and enhanced efficiency. It offers features like customizable reports, quick bill management, intuitive workflow, and a flexible inventory system with multi-currency support.

Best For:

Businesses seeking insights for growth via customizable reports, entities prioritizing cash flow via quick bill management and inventory optimization, and companies working with multiple currencies.

8.0

USER RATING

based on 4 user reviews

Our Verdict:

Workday excels with its comprehensive human capital management tools and user-friendly interface. It offers extensive customization and integrates well with third-party apps, supported by solid customer service. However, it lacks a free version and transparent pricing. Ideal for midsize to large firms, but those seeking clear pricing might need to look elsewhere.

Pros:

Brainstorms from community suggestions
Configuration flexibility
Powerful frameworks

Cons:

No public pricing available
No live chat or knowledge base
No free version or trial available

Our Verdict:

TallyPrime is ideal for businesses prioritizing growth, cash flow, and efficiency. Companies can gain valuable insights and seamlessly manage tasks with its customizable reports, quick bill management, intuitive workflow, and flexible inventory system featuring multi-currency support.

However, while TallyPrime’s features cater predominantly to businesses focused on inventory optimization and financial insights, it might not fit enterprises needing niche functionalities or those seeking an overly simplistic interface.

Pros:

Comprehensive GST Support
Multi-Company Support
Check Printing Features

Cons:

Limited Invoice Formats
Runs Slower With Large Datasets
No Automatic Backup

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $45/employee/month
Client OS Web

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $27/month
Client OS

Our editorial review team tested two leading ERP solutions: Workday and TallyPrime. In this comparison, we share our firsthand insights on these two platforms.

Target Market Comparison

Workday is designed for larger businesses with complex operations and heavy focus on HR and finance. Conversely, TallyPrime targets businesses prioritizing growth, cash flow efficiency, and multi-currency inventory management.

Workday ERP Overview

Workday is a SaaS enterprise software that offers unified finance and HR solutions. It’s a great fit for large companies with over 2,000 employees and complex operations spanning multiple regions or entities. With its powerful frameworks and configuration flexibility, Workday provides real-time insights and auditable process management.

However, it does not offer a free version or trial and its pricing is not publicly available. Additionally, it lacks live chat support and a knowledge base, which could pose challenges for users seeking immediate assistance or self-help resources.

TallyPrime ERP Overview

TallyPrime is a business management software designed for businesses prioritizing growth, efficient cash flow, and enhanced efficiency. It’s strong in providing insights via customizable reports and quick bill management. Its flexible inventory system and multi-currency support make it advantageous for businesses dealing with multiple currencies.

Despite its strengths, TallyPrime has a few drawbacks. It offers limited invoice formats, tends to run slower with large datasets, and lacks an automatic backup feature.

TallyPrime vs. Workday ERP: Which is Best for Most Businesses?

Workday is likely the better choice for most businesses, owing to its comprehensive human capital management tools and user-friendly interface. It also integrates well with third-party apps, further enhancing its functionality.

However, for businesses that prioritize growth, efficient cash flow, and multi-currency support, TallyPrime may be a suitable option.

For more options and to find the best ERP software for your specific needs, check out our ERP software roundup.

Workday

★★★★★

(4)

Workday is a web-based enterprise software that offers financial and human capital management solutions for various industries. The platform boasts unified finance and HR functionalities, bringing real-time insights and auditable process management via a modern SaaS model. Workday stands out for its integrations with over 600 third-party tools, in-depth people analytics, and AI-driven employee engagement and skills management. It features the Workday Peakon Employee Voice, an AI-based tool for employee engagement, and the Workday Skills Cloud for AI-based hiring and employee development. Its mobile apps are highly rated for user-friendliness and accessibility, though the Android version has received complaints about bugs.

Price Range

$ $ $ $ $

Starting Price

$45/employee/month

Client OS

Web

Deployment

Cloud Hosted

TallyPrime

Price Range

$ $ $ $ $

Starting Price

$27/month

Deployment

Cloud or On-Premises