Flowrev vs Workday Expenses
Flowrev
flowrev.comWorkday Expenses
workday.comSide by side
| Figure | Flowrev | Workday Expenses |
|---|---|---|
| Price from | $50/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 8 | 1 |
| Spec score · Revenue Recognition Software | 9.1 (#1) | 7.6 (#13) |
| Company founded | LinkedIn lists Flowrev as founded in 2015. | Workday lists its founding date as March 2005. |
| Company size | LinkedIn lists the company size as 2–10 employees. | Workday reports more than 20,800 employees and more than 11,500 customer organizations worldwide. |
| Documentation | The help portal contains getting-started guidance, FAQs, partner connection articles and recognition-method explanations. | Public administrator guides describe setup decisions, security, configuration steps, integrations and implementation limitations. |
| Headquarters | LinkedIn lists headquarters in Portland, Oregon. | Pleasanton, California, United States |
| Licence | The opened pages do not state an open-source licence or identify Flowrev source code as open source. | Workday terms assign ownership of the service and documentation to Workday or its licensors and prohibit copying, reverse engineering and redistribution. |
| Rating on G2 | 3.3 out of 5 from 3 reviews | 4.3 out of 5 from 19 reviews for Workday Spend Management |
| What it does | Flowrev automates cost and revenue recognition and lifecycle management for online accounting systems. | Workday Expenses manages company and payee expenses, including reports, authorizations, cash advances, cards and travel records. |
Plans
Flowrev
- Bronze$50 a month
- Silver$100 a month
- Gold$150 a month
- Platinum$300 a month
- Launch$375 a month
- Grow$1,125 a month
- Thrive$2,250 a month
- AdaptPriced on request
In their own words
Flowrev
Flowrev is an online cost and revenue recognition service for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. It connects to Xero and QuickBooks Online through their APIs and supports synchronization of accounting data, locking and one-click journaling. Recognition schedules can run once, monthly, quarterly, yearly or on a custom cadence, using per-diem, even-period, percent or template calculations. Service dates can be taken from invoices or calculated automatically. Flowrev checks schedules as they are created, explains triggered checks and keeps an audit trail of changes. Built-in reports cover MRR, ARR, revenue and cost waterfalls, deferred revenue, prepaid expenses, and future revenue and bookings forecasts. The company says its recognition process supports GAAP/ASC 606 and IFRS 15. A free 14-day trial requires no credit card and allows data export at any time. Organization plans start with Bronze at $50 a month, for up to 300 active revenue or cost schedules per year.
Workday Expenses
Workday Expenses has no write-up on Specifiction yet; its figures are above.