Compare Workday Adaptive Planning and EmployeeConnect - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than EmployeeConnect, and Workday Adaptive Planning is rated higher (94/100) than EmployeeConnect (85/100). Workday Adaptive Planning offers users more features (15) than EmployeeConnect (0).

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. EmployeeConnect

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...

EmployeeConnect: Since 1997, EmployeeConnect is committed to deliver innovative HR solutions that challenge the traditional boundaries of HR. Our complete HR suite provides an integrated platform that transforms the way people are managed and engaged to result in improved performance outcomes.

Who is more expensive? Workday Adaptive Planning or EmployeeConnect?

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 EmployeeConnect.

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. EmployeeConnect price starts at $8 per employee/month , When comparing EmployeeConnect to its competitors, the software is rated 4 - lower than the average Budgeting & CPM software cost.

Bottom line: Workday Adaptive Planning is more expensive than EmployeeConnect.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. EmployeeConnect 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.

EmployeeConnect: We are still working to collect the list of features for EmployeeConnect.

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 EmployeeConnect's target customer size include: Small, medium and large size businesses.