Compare Sparkrock Software and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - Sparkrock Software or Workday Adaptive Planning?

Sparkrock Software is more expensive to implement (TCO) than Workday Adaptive Planning, and Workday Adaptive Planning is rated higher (94/100) than Sparkrock Software (83/100). Workday Adaptive Planning offers users more features (15) than Sparkrock Software (7). 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:

Sparkrock Vs. Workday

Sparkrock: It started with a simple idea. We wanted to help social benefit organizations leverage technology in order to more effectively deliver on their mission to improve the quality of life for people, families, and communities. Now, over a decade later, we still deliver on that idea every day. At Sparkrock, we all come to work every day because we are in...

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? Sparkrock Software 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 Sparkrock Software and Workday Adaptive Planning.

Sparkrock Software price starts at $5,170 per month , On a scale between 1 to 10 Sparkrock Software 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: Sparkrock Software cost is around the same cost of Workday Adaptive Planning.

Which software includes more/better features?

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

Sparkrock Software: Dashboard, Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Purchase Orders, HR Management.

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

Target customer size

Sparkrock Software'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.