Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Account Reconciliations or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Account Reconciliations, and Workday Adaptive Planning is rated higher (94/100) than Account Reconciliations (50/100). Workday Adaptive Planning offers users more features (15) than Account Reconciliations (0).
Looking for the right Accounting & Finance 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:
BlackLine Vs. Workday
BlackLine: BlackLine is the leader in Enhanced Finance Controls and Automation software and the only provider today offering a completely unified cloud platform—built from a single code base—that supports the entire close-to-disclose process, as well as a host of other key accounting and financial processes. BlackLine’s Finance Controls and Automation Platfor...
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...
Who is more expensive? Account Reconciliations or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Accounting & Finance 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 Account Reconciliations and Workday Adaptive Planning.
Account Reconciliations price starts at $250 per license , On a scale between 1 to 10 Account Reconciliations is rated 6, which is similar to the average cost of Accounting & Finance software. Workday Adaptive Planning price starts at $15,000 per license , When comparing Workday Adaptive Planning to its competitors, the software is rated 8 - higher than the average Accounting & Finance software cost.
Bottom line: Workday Adaptive Planning is more expensive than Account Reconciliations.
Which software includes more/better features?
We've compared Account Reconciliations Vs. Workday Adaptive Planning based on some of the most important and required Accounting & Finance features.
Account Reconciliations: We are still working to collect the list of features for Account Reconciliations.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Account Reconciliations's typical customers include: Small, medium and large size businesses, Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.