Compare FinancialForce Accounting and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

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

Workday Adaptive Planning is more expensive to implement (TCO) than FinancialForce Accounting, and Workday Adaptive Planning is rated higher (94/100) than FinancialForce Accounting (80/100). Workday Adaptive Planning offers users more features (15) than FinancialForce Accounting (14).

Looking for the right Core Accounting 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:

Financial Force Vs. Workday

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

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? FinancialForce Accounting or Workday Adaptive Planning?

The real total cost of ownership (TCO) of Core Accounting 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 FinancialForce Accounting and Workday Adaptive Planning.

FinancialForce Accounting price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce Accounting is rated 4, which is lower than the average cost of Core Accounting 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 Core Accounting software cost.

Bottom line: Workday Adaptive Planning is more expensive than FinancialForce Accounting.

Which software includes more/better features?

We've compared FinancialForce Accounting Vs. Workday Adaptive Planning based on some of the most important and required Core Accounting features.

FinancialForce Accounting: 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, Credit Card Processing, Depreciation, Fixed-Assets.

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

Target customer size

FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.