Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Simple Home Budget or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Simple Home Budget, and Workday Adaptive Planning is rated higher (94/100) than Simple Home Budget (62/100). Workday Adaptive Planning offers users more features (15) than Simple Home Budget (5).
Looking for the right Budgeting & CPM 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:
Simple Home Budget Vs. Workday
Simple Home Budget: Home Budget Software is easy to use money manager for home, small business, freelancers, non-profit or charity organizations. It offers carefully selected features to manage your finances in simple, fast and effective way.
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? Simple Home Budget or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Budgeting & CPM 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 Simple Home Budget and Workday Adaptive Planning.
Simple Home Budget price starts at $29.95 per license , On a scale between 1 to 10 Simple Home Budget is rated 6, which is similar to the average cost of Budgeting & CPM 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 Budgeting & CPM software cost.
Bottom line: Workday Adaptive Planning is more expensive than Simple Home Budget.
Which software includes more/better features?
We've compared Simple Home Budget Vs. Workday Adaptive Planning based on some of the most important and required Budgeting & CPM features.
Simple Home Budget: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Like the name implies, Simple Home Budget was developed to help people at home better manage their money. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.