Compare NexusPayables and Workday Adaptive Planning - Dec 2022

Shlomi LaviShlomi Lavi / Dec 28, 2022

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 - NexusPayables or Workday Adaptive Planning?

Workday Adaptive Planning is more expensive to implement (TCO) than NexusPayables, and Workday Adaptive Planning is rated higher (94/100) than NexusPayables (85/100). Workday Adaptive Planning offers users more features (15) than NexusPayables (1).

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:

Nexus system Vs. Workday

Nexus system: NexusPayables is your single software solution to streamline and manage the entire accounts payables process from purchase to payment. By design, the NexusPayables product is a web-based software that automates the traditionally paper intensive AP process and is recognized as the best-in-class paperless solution due to its mature functionality and ...

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? NexusPayables 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 NexusPayables and Workday Adaptive Planning.

NexusPayables price starts at $750 per year , On a scale between 1 to 10 NexusPayables 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 NexusPayables.

Which software includes more/better features?

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

NexusPayables: Accounts Payable.

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

Target customer size

NexusPayables's typical customers include: Small, medium and large size businesses, Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.



NexusPayables

ITQlick rating
(4.6/5)

starts at $750 per year

NexusPayables is a SaaS-based Accounting & Finance software designed for real estate firms to automate their invoicing and purchasing processes.

Categories: Accounting & Finance, Recurring Billing, Billing & Invoicing, Core Accounting.

Workday Adaptive Planning

ITQlick rating
(4.5/5)

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 ...

Categories: Accounting Practice Management, Budgeting & CPM, Financial reporting, Payroll Accounting, BI & Analytics.

Compare specifications

Compare features

NexusPayables: 1 Features

Accounts Payable

Workday Adaptive Planning: 15 Features

Ad-Hoc Analysis
Ad-Hoc Reporting
Automatic Scheduled Reporting
Dashboarding
Forecasting & Budgeting
Performance Measurements
Predictive-Analysis
Profit Analysis
Balance Sheet
Capital Asset Planning
Cash flow/cash budget
Forecasting
Multi-Department / Project
Revenue budget
Sales budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
NexusPayables
ITQlick rating
4.6/5
Score
85/100
Pricing
2/10
License pricing
$750 per year
Functionality
10
Compare
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

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.