Compare Oracle Financials 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 - 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.



Oracle Financials

ITQlick rating
(3.5/5)

starts at $600 per user/month

Oracle Financial is a cloud-based end-to-end business management solution which is designed for monitor supplier invoices and payment. The core features include financial accounting, analytics, and material pla...

Categories: Accounting & Finance, Core Accounting, Financial Compliance, Fixed Asset 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

Oracle Financials: 0 Features

We are working to collect the list of features

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
Oracle F...
ITQlick rating
3.5/5
Score
84/100
Pricing
8/10
License pricing
$600 per user/month
Functionality
14
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.