Compare Coda Financials and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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

Coda Financials is more expensive to implement (TCO) than Workday Adaptive Planning, and Workday Adaptive Planning is rated higher (94/100) than Coda Financials (85/100). Both tools offer the same amount of features.

Looking for the right Accounting & Finance 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:

UNIT4 Business Software Vs. Workday

UNIT4 Business Software: UNIT4 is a global business software and services company that creates, provides and supports software – delivered via the cloud or on-premise – for a market sector it calls ‘Businesses Living IN Change’. Its solutions are aimed at helping these dynamic public sector and commercial services organizations to manage their business needs and embrace ch...

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? Coda Financials or Workday Adaptive Planning?

The real total cost of ownership (TCO) of Accounting & Finance 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 Coda Financials and Workday Adaptive Planning.

Coda Financials price starts at $10 per month , On a scale between 1 to 10 Coda Financials is rated 8, which is higher than the average cost of Accounting & Finance 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 Accounting & Finance software cost.

Bottom line: Coda Financials cost is around the same cost of Workday Adaptive Planning.

Which software includes more/better features?

We've compared Coda Financials Vs. Workday Adaptive Planning based on some of the most important and required Accounting & Finance features.

Coda Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, E-commerce.

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

Target customer size

Coda Financials was developed to support businesses all around the world. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.