Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Expensify or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Expensify, and Workday Adaptive Planning is rated higher (94/100) than Expensify (86/100). Workday Adaptive Planning offers users more features (15) than Expensify (3).
Looking for the right Expense 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:
Expensify Vs. Workday
Expensify: Expensify does "expense reports that don't suck!" by importing expenses and receipts from credit cards and mobile phones, submitting expense reports through email, and reimbursing everything online with QuickBooks and Direct Deposit.
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? Expensify or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Expense 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 Expensify and Workday Adaptive Planning.
Expensify price starts at $5 per user/month , On a scale between 1 to 10 Expensify is rated 2, which is much lower than the average cost of Expense 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 Expense Management software cost.
Bottom line: Workday Adaptive Planning is more expensive than Expensify.
Which software includes more/better features?
We've compared Expensify Vs. Workday Adaptive Planning based on some of the most important and required Expense Management features.
Expensify: Data Import/Export, Basic Reports, Online Customer Support.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Customers of the software include businesses of all sizes and types. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.