Compare Workday Adaptive Planning and Simple Home Budget - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - Workday Adaptive Planning or Simple Home Budget?

Workday Adaptive Planning is more expensive to implement (TCO) than Simple Home Budget, and Workday Adaptive Planning is rated higher (94/100) than Simple Home Budget (62/100). Workday Adaptive Planning offers users more features (15) than Simple Home Budget (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. Simple Home Budget

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...

Simple Home Budget: Home Budget Software is easy to use money manager for home, small business, freelancers, non-profit or charity organizations. It offers carefully selected features to manage your finances in simple, fast and effective way.

Who is more expensive? Workday Adaptive Planning or Simple Home Budget?

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 Simple Home Budget.

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. Simple Home Budget price starts at $29.95 per license , When comparing Simple Home Budget 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 Simple Home Budget.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. Simple Home Budget 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.

Simple Home Budget: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting.

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. Like the name implies, Simple Home Budget was developed to help people at home better manage their money.