Compare Workday Adaptive Planning and Vena - Jul 2022

Shlomi LaviShlomi Lavi / Jul 06, 2022

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

Workday Adaptive Planning is more expensive to implement (TCO) than Vena, Workday Adaptive Planning is rated higher (94/100) than Vena (87/100). Workday Adaptive Planning offers more features (15) to their users than Vena (9).

Looking for the right Budgeting & CPM solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Adaptive Planning compares with Vena Solution?

Adaptive Planning: Adaptive Planning delivers an on-demand Corporate Performance Management (CPM) solution to over 1,500 clients and 50,000 users worldwide. Adaptive Planning provides powerful, easy-to-use, universally accessible software without the exorbitant costs or lengthy installations associated with enterprise performance management packages. No new hardware,...

Vena Solution: Vena Solutions delivers the most flexible performance management solution available for budgeting, forecasting, planning, reporting, analytics, and other mission-critical finance and accounting processes to large and mid-market companies around the world. Vena’s unified web-based software platform embraces all the power and flexibility of Microsoft...

Who's more expensive? Workday Adaptive Planning or Vena?

The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Workday Adaptive Planning and Vena.

Workday Adaptive Planning price starts at $15,000 per license , on a scale between 1 to 10 Adaptive Insights is rated 8, which is higher than the average cost of Budgeting & CPM software. Vena accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Adaptive Insights is rated 8, which is higher than the average cost of Budgeting & CPM software.

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

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Workday Adaptive Planning Vs. Vena 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. Vena: Version Control, Audit Trail, Budgeting & Forecasting, Financial reporting, OLAP.

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. Vena is best for medium to large corporate companies that deal with a lot of spreadsheets and spreadsheet like reports from other companies and/or subsidiaries.

Workday Adaptive Planning

ITQlick rating
(4.5/5)

starts at $15,000 per license

Adaptive Insights software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for installa...

Categories: Accounting Practice Management, Budgeting & CPM, Financial reporting, Payroll Accounting.

Vena

ITQlick rating
(4.3/5)

Vena Solutions is a Corporate Performance Management (CPM) software that helps corporate companies manage, organize, and support spreadsheet and spreadsheet based processes for consolidation, management, and re...

Categories: Accounting & Finance, Budgeting & CPM, Financial reporting, Financial consolidation, Business performance management.

Compare specifications

Vena Specifications

ITQlick Score: 87/100
ITQlick Rating: (4.3/5)
Pricing: 6/10 - average cost
Category: Budgeting & CPM -> Vena
Company: Vena Solution
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Vena review, Vena pricing, Vena alternatives

Compare features

Workday Adaptive Planning: 15 Features

Ad-Hoc Analysis
Ad-Hoc Reporting
Automatic Scheduled Reporting
Dashboarding
Forecasting & Budgeting
Performance Measurements
Predictive-Analysis
Profit Analysis
Balance Sheet
Capital Asset Planning
Cash flow/cash budget
Forecasting
Multi-Department / Project
Revenue budget
Sales budget

Vena: 9 Features

Version Control
Audit Trail
Budgeting & Forecasting
Financial reporting
OLAP
Project Budgeting
Dashboarding
Business performance management
Forecasting
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
Compare
Vena
ITQlick rating
4.3/5
Score
87/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
21
Review
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review
PlanGuru
ITQlick rating
4.2/5
Score
87/100
Pricing
2.8/10
License pricing
$99 per month
Functionality
22
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.