Compare SAP Financials On Demand and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - SAP Financials On Demand or Workday Adaptive Planning?

Workday Adaptive Planning is more expensive to implement (TCO) than SAP Financials On Demand, and Workday Adaptive Planning is rated higher (94/100) than SAP Financials On Demand (89/100). Workday Adaptive Planning offers users more features (15) than SAP Financials On Demand (3).

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:

SAP Vs. Workday

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

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? SAP Financials On Demand 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 SAP Financials On Demand and Workday Adaptive Planning.

SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SAP Financials On Demand is rated 4, which is 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 SAP Financials On Demand.

Which software includes more/better features?

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

SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

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

Target customer size

Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.