Workday Adaptive Planning Review - why 4.5 stars?

Adaptive Discovery Review
ITQlick Score: 86/100
ITQlick Rating: (4.5/5)
Pricing: 7.6/10 - high cost
Category: Business Intelligence -> Workday Adaptive Planning
Ranking:Ranked 37 out of 532 Business Intelligence systems
Company: Adaptive Insights
Pricing: starts at $15,000 per license
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Workday Adaptive Planning pricing, Workday Adaptive Planning alternatives

Shlomi LaviShlomi Lavi / updated: Oct 03, 2022

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What is Workday Adaptive Planning and its features?

The Workday Adaptive Planning is a business intelligence/BI software offering users with corporate performance in terms of data management with their data analytics, reporting and dashboards.

What is Workday Adaptive Planning rating?

The rating of Workday Adaptive Planning is 4.5 stars out of 5 and the total score is 86 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Workday Adaptive Planning?

The entrepreneurs working with BI solutions like Workday Adaptive Planning in their small (with about 10 – 100 employees) to medium-sized (with about 100 – 1,000 employees) businesses as well as large enterprises are the typical customers. They depend on the IT, data hosting and information related services sector and mainly in the field of business intelligence and data analytics.

Is it easy to use?

Yes, Workday Adaptive Planning makes it fairly easy to use. This product is user friendly and intuitive.

Is Workday Adaptive Planning cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Workday Adaptive Planning on your mobile/smart phone.

Is Workday Adaptive Planning the best Business Intelligence system?

Workday Adaptive Planning is ranked 37 out of 532 software in their category (Business Intelligence systems).

What are their main features and functionalities?

Workday Adaptive Planning is designed for easy integration with any data source and gives the users with several means of visualizing and interacting with the data on dashboards and scorecards. There is no need to rely on IT experts in using this program, and users can simply use it right away in data gathering and analysis.

This tool can help in the visualization of Key Performance Indicators/KPIs so that users can have better understanding of the underlying drivers of performance. It also enables users in turning KPIs and metrics into insights for the enhancement of business performance.

What are Workday Adaptive Planning's pros? (3 Pros)

  • Workday Adaptive Planning has a robust feature set with several functionalities common to its category
  • The software offers universal compatibility regarding data formats
  • Adaptive Planning is easy to use and learn

What are Workday Adaptive Planning's cons? (2 cons)

  • Setting up Adaptive Planning may be a tricky process
  • The software lacks advanced functionality for creating assumption sheets

Who are their main alternatives?

Workday Adaptive Planning vs. CCH Tagetik

Adaptive Planning and CCH Tagetik have similar capabilities, including budgeting & forecasting, financial planning, financial close & consolidation, analytics & dashboards, predictive intelligence, supply chain planning, reporting, etc. Unlike Workday Adaptive Planning, CCH Tagetik offers disclosure management, machine learning tools, etc. Adaptive Planning supports business modeling & analysis, workforce planning, scenario planning, etc., which CCH Tagetik does not offer.

They do not disclose their pricing details, although Adaptive Planning has a free trial. CCH Tagetik supports cloud and on-premise deployment options, while Adaptive Planning is a cloud-based solution. Top brands like Daimler and Randstad use CCH Tagetik, while Workday Adaptive Planning is a leading provider of enterprise business intelligence solutions.

Workday Adaptive Planning and CCH Tagetik serve companies across several industries, including manufacturing, healthcare, retail, financial services, energy & utilities, etc. They are equally scalable solutions for midsize and large-scale companies. They offer support via community forums, email, and phone channels.

Workday Adaptive Planning vs. Prophix Software

Adaptive Planning shares similar capabilities with Prophix Software, such as financial planning, budgeting & forecasting, scenario planning, financial consolidation & close, personnel planning, cash flow planning, interactive dashboards, visual analytics, etc. Unlike Prophix Software, Adaptive Planning offers business modeling & analysis. Prophix offers an AI-powered virtual financial analyst, profitability analysis, etc., unlike Adaptive Planning.

Prophix Software and Workday Adaptive Planning do not disclose their pricing details, although the latter offers a free trial. Adaptive Planning is a leading provider of business intelligence solutions globally, and top brands like Hyundai and Microsoft use Prophix Software. They are highly scalable for enterprise organizations and operations.

Prophix Software and Adaptive Planning are cloud-based business intelligence solutions, although the former has an on-premise option. They serve a similar customer base of companies from different industries, including healthcare, manufacturing, nonprofits, retail, utilities, professional services, etc. They have a community forum support channel in common.

Workday Adaptive Planning vs. IBM Planning Analytics with Watson

Adaptive Planning and IBM Planning Analytics offer similar capabilities, such as predictive intelligence, budgeting & forecasting, scenario planning, data visualization, reporting, etc. Unlike Adaptive Planning, IBM Planning Analytics supports artificial intelligence, Microsoft Excel integrations, in-memory databases, etc. On the flip side, Adaptive Planning offers business modeling & analysis, workforce planning, etc., unlike IBM Planning Analytics.

They are cloud-based business intelligence software, although IBM Planning Analytics is also available as an on-premise or hybrid solution. Workday Adaptive Planning and IBM Planning Analytics do not disclose their pricing details, although the latter has a 30-day free trial offer for new users. They are equally scalable for midsize and large-scale operations and organizations.

Adaptive Planning and IBM Planning Analytics serve similar customers, including finance, IT, marketing, sales, supply chain, and workforce teams of companies across different industries. Leading brands like Novolex and Swisscom use IBM Planning Analytics, while Adaptive Planning is a renowned provider of business intelligence solutions. Unlike Adaptive Planning, IBM Planning Analytics has a live chat support channel.

What is the cost of Workday Adaptive Planning?

The cost of license starts at $15,000 per license. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7.6 out of 10 (10 is most expensive). You can find here the REAL total cost breakdown for Workday Adaptive Planning. You can also find here pricing information from Workday Adaptive Planning's website.

What should you ask Adaptive Insights during a demo session? (65 questions)

Schedule a demo with Workday Adaptive Planning and access 65 must ask questions for the vendor while watching Workday Adaptive Planning in action.

Where Workday Adaptive Planning is used?

Adaptive Discovery, now Workday Adaptive Planning, is a business intelligence and data visualization solution fit for companies across several industries, including life sciences, manufacturing, retail, nonprofits, healthcare, etc. The software is scalable for midsize and enterprise organizations. Some customers that use Adaptive Planning include Christiana care, ARC, and Specsavers.

List of categories

Budgeting & CPM
Financial consolidation
Cloud BI
Capital Program Management
General Contractor
Project Collaboration
Infrastructure consolidation
Project Management
Project Forecasting
Human Resources

List of features

Version Control
Project Management
Capital Asset Planning
Capital budget
Cash flow/cash budget
Forecasting
Budgeting & CPM

Workday Adaptive Planning Vs. Alternatives

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Workday ...
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Sisense
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Infor Bi...
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4/5
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Pricing not available
Functionality
43

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.