Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Workday Adaptive Planning or Anaplan?
Workday Adaptive Planning is more expensive to implement (TCO) than Anaplan, and Workday Adaptive Planning is rated higher (94/100) than Anaplan (89/100). Workday Adaptive Planning offers users more features (15) than Anaplan (9).
Looking for the right Budgeting & CPM solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Workday Vs. Anaplan
Workday: In 2005, software visionaries Dave Duffield and Aneel Bhusri met for brunch at a Truckee diner, a few miles north of Lake Tahoe. They decided to form a startup—one that would sell cloud-based finance and HR software. The two longtime friends had plenty of experience. Dave founded PeopleSoft in 1987 and served as the company's CEO and board chairma...
Anaplan: Anaplan is a computer software company that developed a cloud-based business modeling platform, this platform enables the Connected Enterprise by providing planning and performance management solutions for every department, from finance through operations
Who is more expensive? Workday Adaptive Planning or Anaplan?
The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Workday Adaptive Planning and Anaplan.
Workday Adaptive Planning price starts at $15,000 per license , On a scale between 1 to 10 Workday Adaptive Planning is rated 8, which is higher than the average cost of Budgeting & CPM software. Anaplan accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Workday Adaptive Planning is rated 8, which is higher than the average cost of Budgeting & CPM software.
Bottom line: Workday Adaptive Planning is more expensive than Anaplan.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. Anaplan based on some of the most important and required Budgeting & CPM features.
Workday Adaptive Planning: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting, Performance Measurements, Predictive-Analysis, Profit Analysis.
Anaplan: Business Performance Optimization, Dashboarding, Data mining, Capital Asset Planning, Graphical Data Presentation.
Target customer size
Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning. Anaplan target users are executives from sales, operations and finance, and its sales orientation that includes features such as modeling for maximizing sales per sale territory will apply to global companies with branches across the world.