Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday Adaptive Planning or Planful (Host Analytics)?
Planful (Host Analytics) is more expensive to implement (TCO) than Workday Adaptive Planning, and Workday Adaptive Planning is rated higher (94/100) than Planful (Host Analytics) (84/100). Planful (Host Analytics) offers users more features (17) than Workday Adaptive Planning (15).
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. Host Analytics, 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...
Host Analytics, Inc.: Host Analytics offers the corporate performance management (CPM) industry’s only complete application suite for finance and accounting in the cloud.Host Analytics was founded in 2000 with the mission to help businesses make better operational and financial decisions via the understanding of their past and present financial performance, along with w...
Who is more expensive? Workday Adaptive Planning or Planful?
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 Planful.
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. Planful 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 cost is around the same cost of Planful.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. Planful (Host Analytics) 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.
Planful: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Customizable Dashboard, Customizable Features.
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.
Planful Budgeting & CPM Software is used by businesses of all sizes across various industries.