Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Workday Adaptive Planning or Idu-Concept Software?
Workday Adaptive Planning is more expensive to implement (TCO) than Idu-Concept Software, and Workday Adaptive Planning is rated higher (94/100) than Idu-Concept Software (81/100). Workday Adaptive Planning offers users more features (15) than Idu-Concept Software (12).
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. IDU
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...
IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and repo...
Who is more expensive? Workday Adaptive Planning or Idu-Concept 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 Idu-Concept 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. Idu-Concept Software price starts at $50 per feature/month , When comparing Idu-Concept Software 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 Idu-Concept Software.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. Idu-Concept Software 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.
Idu-Concept Software: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting.
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 Idu-Concept Software's target customer size include: SMBs.