Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Oracle Financials or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Oracle Financials, and Workday Adaptive Planning is rated higher (94/100) than Oracle Financials (84/100). Workday Adaptive Planning offers users more features (15) than Oracle Financials (0). There is a clear winner in this case and it is Workday Adaptive Planning!
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:
Oracle Vs. Workday
Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...
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? Oracle 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 Oracle Financials and Workday Adaptive Planning.
Oracle Financials price starts at $600 per user/month , On a scale between 1 to 10 Oracle Financials is rated 8, which is higher 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: Oracle Financials cost is around the same cost of Workday Adaptive Planning.
Which software includes more/better features?
We've compared Oracle Financials Vs. Workday Adaptive Planning based on some of the most important and required Accounting & Finance features.
Oracle Financials: We are still working to collect the list of features for Oracle Financials.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Oracle Financials'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.