Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Workday Adaptive Planning or BudgetPak?
Workday Adaptive Planning is more expensive to implement (TCO) than BudgetPak, and Workday Adaptive Planning is rated higher (94/100) than BudgetPak (83/100). Workday Adaptive Planning offers users more features (15) than BudgetPak (5).
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. XLerant, Inc
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...
XLerant, Inc: XLerant, Inc. provides a cloud-based budgeting, forecasting and reporting solution for small to mid-sized organizations — designed for the needs of finance teams and budget managers. XLerant's non-Excel interface engages budget managers and empowers them to make informed decisions to help achieve strategic objectives. XLerant's powerful software-as...
Who is more expensive? Workday Adaptive Planning or BudgetPak Software?
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 BudgetPak Software.
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. BudgetPak Software price starts at $10,000 per license , When comparing BudgetPak Software to its competitors, the software is rated 6 - similar to the average Budgeting & CPM software cost.
Bottom line: Workday Adaptive Planning is more expensive than BudgetPak Software.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. BudgetPak 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.
BudgetPak Software: Version Control, Budgeting & Forecasting, Project Budgeting, Capital Asset Planning, Profit / Loss Statement.
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. and BudgetPak Software's target customer size include: SMBs.