Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Planning Maestro or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Planning Maestro, and Workday Adaptive Planning is rated higher (94/100) than Planning Maestro (87/100). Both tools offer the same amount of features.
Looking for the right Business performance management 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:
Centage Corporation Vs. Workday
Centage Corporation: Centage Corporation is the world leader in automated, budgeting and planning software solutions for small to medium-sized organizations. Since 2001, thousands of managers at all levels have utilized the Budget Maestro family of solutions to streamline their budgeting, forecasting, financial consolidation, performance analysis, and reporting process...
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? Planning Maestro or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Business performance management 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 Planning Maestro and Workday Adaptive Planning.
Planning Maestro price starts at $10,000 per year , On a scale between 1 to 10 Budget Maestro is rated 6, which is similar to the average cost of Business performance management 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 Business performance management software cost.
Bottom line: Workday Adaptive Planning is more expensive than Planning Maestro.
Which software includes more/better features?
We've compared Planning Maestro Vs. Workday Adaptive Planning based on some of the most important and required Business performance management features.
Planning Maestro: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Fixed-Assets, Multi-Currency, Sales Reporting.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Planning Maestro was developed to serve many kinds of industries, from public to private, startups to mature and from family-owned operations to Fortune 500 organizations. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.