Ellucian Banner Finance vs Workday Student Admissions
Ellucian Banner Finance
ellucian.comWorkday Student Admissions
workday.comSide by side
| Figure | Ellucian Banner Finance | Workday Student Admissions |
|---|---|---|
| Price from | £27,916.67/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 2 | 0 |
| Spec score · Financial Aid Management Software | 8.5 (#1) | 7.1 (#17) |
| Spec score · Education ERP Software | 8.5 (#2) | 7.1 (#10) |
| Spec score · Campus Management Software | 8.5 (#2) | 7.1 (#7) |
| Spec score · Student Management Software | 8.5 (#3) | 7.1 (#15) |
| Extensibility | Institutions can create cards and pages with a low-code, drag-and-drop toolkit designed to remain upgrade-safe. | Workday Extend lets customers build, test, verify, release, and install custom apps in Workday tenants. |
| Founded | 1986 | 2005 |
| Headquarters | The company lists Reston, Virginia as its corporate headquarters. | Pleasanton, California, United States |
| Integrations | Listed integrations include Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, CRM Advance and Banner Document Management. | Workday lists student integrations, REST services, SOAP web services, and a student connectors catalog for data exchange. |
| Rating on Capterra | 3.7 out of 5 from 39 reviews | 4.4 out of 5 from 23 reviews |
| Rating on Google Play | 2.5 out of 5 from 16 reviews for an Ellucian Experience companion app | 4.2 out of 5 from 265 thousand reviews |
| Security compliance | Ellucian says its cloud services are ISO 27001:2022 certified and that customer-accessible audit reports include SOC 1, SOC 2 Type II, and SOC 3; SaaS security responsibilities are shared with customers. | Workday states that its Enterprise Products SOC 2 Type II report covers security, availability, confidentiality, processing integrity, and privacy, with audited NIST mappings. |
| What it does | Banner Finance is Ellucian’s higher-education ERP finance system for managing institutional financial information and processes. | Workday Student Admissions manages higher-education recruiting and admissions from prospect engagement through enrollment decisions. |
Plans
Ellucian Banner Finance
- Banner SaaS Platform£335,000 a year
- Ellucian Banner FinancePriced on request
In their own words
Ellucian Banner Finance
Ellucian Banner Finance is a cloud financial management system for higher education institutions. It covers procurement, general ledger, finance operations, accounts payable, fixed assets, internal stores, journal entries, budget development, sponsored research accounting, endowment management, and accounts receivable. The Research and Grants module supports grant work from initial proposal through project close, consolidates grant information, produces federal reports including the Federal Financial Report, and provides a grants ledger that can operate beyond fiscal year end. Staff can use My Finance Query for spend analysis dashboards, saved queries, and query sharing; My Requisitions to create and track requisitions; and My Journals to manage journal vouchers. Secure mobile access provides financial information and personalized self-service views, alongside web access. Listed integrations include Ellucian Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, Ellucian CRM Advance, and Banner Document Management. The product also provides higher education financial statement reports for GASB and FASB. Pricing is on request; the product sheet does not list a free plan or trial.
Workday Student Admissions
Workday Student Admissions has no write-up on Specifiction yet; its figures are above.