Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Multiview or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Multiview, and Workday Adaptive Planning is rated higher (94/100) than Multiview (93/100). Multiview offers users more features (19) than Workday Adaptive Planning (15).
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:
Multiview Financial Software Vs. Workday
Multiview Financial Software: Company Information
The Multiview Experience
First, welcome to the Multiview world of quality products, people and processes. Unlike the companies we compete against, Multiview is the manufacturer of our software. The benefit to client companies is Multiview controls all the processes, end to end, which leaves us a great deal of flexibility in ...
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? Multiview 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 Multiview and Workday Adaptive Planning.
Multiview price starts at $150 per user/year , On a scale between 1 to 10 Multiview is rated 2, which is much 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 Multiview.
Which software includes more/better features?
We've compared Multiview Vs. Workday Adaptive Planning based on some of the most important and required Core Accounting features.
Multiview: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Fund-Accounting, Multi-Currency, Tax compliance.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Multiview Financial Software is suited for most companies of varying sizes that also need a solution that facilitates in-depth management of their accounting branch. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.