Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Workday Adaptive Planning or arcplan Edge?
Workday Adaptive Planning is more expensive to implement (TCO) than arcplan Edge, and Workday Adaptive Planning is rated higher (94/100) than arcplan Edge (50/100). Workday Adaptive Planning offers users more features (15) than arcplan Edge (3).
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. arcplan
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...
arcplan : arcplan software solutions enable you to deploy business intelligence, analysis, and planning applications that meet all of your organizational needs.
Who is more expensive? Workday Adaptive Planning or arcplan Edge?
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 arcplan Edge.
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. arcplan Edge 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 arcplan Edge.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. arcplan Edge 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.
arcplan Edge: Cash flow/cash budget, Forecasting, Multi-Department / Project.
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. The arcplan software would be useful to companies that are looking for ways to simplify financial data analysis to facilitate decision making.