Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - IDOS or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than IDOS, and Workday Adaptive Planning is rated higher (94/100) than IDOS (62/100). Workday Adaptive Planning offers users more features (15) than IDOS (0).
Looking for the right Governance, Risk and Compliance (GRC) 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:
IDOS Vs. Workday
IDOS: IDOS is a accounting software which is very simple to use. Really simple!
It comes with in-built compliance and enables real-time internal audit of transactions. It prevents accounting errors and ensures that the transaction is accurate & authentic even before it is posted into ledgers, thereby avoiding rework, rectifications and reconciliations...
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? IDOS or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Governance, Risk and Compliance (GRC) 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 IDOS and Workday Adaptive Planning.
IDOS price starts at $25 per user/month , On a scale between 1 to 10 IDOS is rated 6, which is similar to the average cost of Governance, Risk and Compliance (GRC) 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 Governance, Risk and Compliance (GRC) software cost.
Bottom line: Workday Adaptive Planning is more expensive than IDOS.
Which software includes more/better features?
We've compared IDOS Vs. Workday Adaptive Planning based on some of the most important and required Governance, Risk and Compliance (GRC) features.
IDOS: We are still working to collect the list of features for IDOS.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
IDOS's typical customers include: SMBs, Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.