Compare MultiLedger Integrated Accounting and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than MultiLedger Integrated Accounting, and Workday Adaptive Planning is rated higher (94/100) than MultiLedger Integrated Accounting (61/100). Workday Adaptive Planning offers users more features (15) than MultiLedger Integrated Accounting (7).

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:

CheckMark Inc. Vs. Workday

CheckMark Inc.: CheckMark, Inc. has been dedicated to providing, fast, easy-to-use, affordable accounting and payroll solutions to small and medium-sized businesses since 1984. CheckMark, Inc. became one of the first companies to roll out accounting software for the Mac when it launched General Ledger in 1985, CheckMark Payroll in 1986 and MultiLedger™ in 1987....

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? MultiLedger Integrated Accounting 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 MultiLedger Integrated Accounting and Workday Adaptive Planning.

MultiLedger Integrated Accounting price starts at $499 per license , On a scale between 1 to 10 MultiLedger Integrated Accounting is rated 2, which is much lower 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: Workday Adaptive Planning is more expensive than MultiLedger Integrated Accounting.

Which software includes more/better features?

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

MultiLedger Integrated Accounting: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders, Tax compliance, Time and Expense Tracking.

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

Target customer size

Customers Customers of the software mainly include small and medium businesses hailing from a variety of industries. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.