Compare NetSuite Financials and Workday Adaptive Planning - Dec 2022
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Bottom Line: Which is Better - NetSuite Financials or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than NetSuite Financials, and Workday Adaptive Planning is rated higher (94/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than Workday Adaptive Planning (15).
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:
NetSuite Vs. Workday
NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. More than 12,000 high-growth and midsized companies and divisions of large enterprises...
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? NetSuite Financials 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 NetSuite Financials and Workday Adaptive Planning.
NetSuite Financials price starts at $499 per user/month , On a scale between 1 to 10 NetSuite Financials 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 NetSuite Financials.
Which software includes more/better features?
We've compared NetSuite Financials Vs. Workday Adaptive Planning based on some of the most important and required Accounting & Finance features.
NetSuite Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation, Fixed-Assets, Multi-Currency.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.
Workday Adaptive Planning
starts at $15,000 per license
Workday Adaptive Planning software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for ...
Compare PricingCompare specifications
NetSuite Financials Specifications
ITQlick Score: | 89/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Accounting & Finance -> NetSuite Financials review |
Company: | NetSuite |
Pricing: | starts at $499 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | NetSuite Financials review, NetSuite Financials pricing, NetSuite Financials alternatives |
Workday Adaptive Planning Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 8/10 - high cost |
Category: | Budgeting & CPM -> Workday Adaptive Planning review |
Company: | Workday |
Pricing: | starts at $15,000 per license |
Typical customers: | Small, medium and large size businesses |
Platforms: | Mobile, Cloud |
Links: | Workday Adaptive Planning review, Workday Adaptive Planning pricing, Workday Adaptive Planning alternatives |
Compare features
NetSuite Financials: 16 Features
Workday Adaptive Planning: 15 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.