Compare arcplan Edge and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than arcplan Edge, and Workday Adaptive Planning is rated higher (94/100) than arcplan Edge (50/100). Workday Adaptive Planning offers users more features (15) than arcplan Edge (3).

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:

arcplan Vs. Workday

arcplan : arcplan software solutions enable you to deploy business intelligence, analysis, and planning applications that meet all of your organizational needs. 

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...

Who is more expensive? arcplan Edge or Workday Adaptive Planning?

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 arcplan Edge and Workday Adaptive Planning.

arcplan Edge accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 arcplan Edge is rated 4, which is lower than the average cost of Budgeting & CPM software. Workday Adaptive Planning price starts at $15,000 per license , When comparing Workday Adaptive Planning to its competitors, the software is rated 8 - higher than the average Budgeting & CPM software cost.

Bottom line: Workday Adaptive Planning is more expensive than arcplan Edge.

Which software includes more/better features?

We've compared arcplan Edge Vs. Workday Adaptive Planning based on some of the most important and required Budgeting & CPM features.

arcplan Edge: Cash flow/cash budget, Forecasting, Multi-Department / Project.

Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.

Target customer size

The arcplan software would be useful to companies that are looking for ways to simplify financial data analysis to facilitate decision making. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.