Compare AccountEdge and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - AccountEdge or Workday Adaptive Planning?

Workday Adaptive Planning is more expensive to implement (TCO) than AccountEdge, and Workday Adaptive Planning is rated higher (94/100) than AccountEdge (81/100). Workday Adaptive Planning offers users more features (15) than AccountEdge (8).

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:

Acclivity Group LLC Vs. Workday

Acclivity Group LLC: In December of 2005, sensing divergent strategic directions, two members of MYOB's US management team reached agreement with MYOB Ltd. to purchase the US company and take it private. The idea was to service the US market locally and be free to pursue opportunities that made local sense.Hence Acclivity was born.

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? AccountEdge 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 AccountEdge and Workday Adaptive Planning.

AccountEdge price starts at $499 per license , On a scale between 1 to 10 AccountEdge is rated 2, which is much lower than 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 AccountEdge.

Which software includes more/better features?

We've compared AccountEdge Vs. Workday Adaptive Planning based on some of the most important and required Accounting & Finance features.

AccountEdge: Accounts Payable, Accounts Receivable, Billing & Invoicing, Purchase Orders, Project Billing, Time and Expense Tracking, Spend Analysis, Purchasing.

Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.

Target customer size

Customers of the software mainly include small and medium businesses with backgrounds in a variety of industries. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.