Compare Stratum and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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

Stratum is more expensive to implement (TCO) than Workday Adaptive Planning, and Workday Adaptive Planning is rated higher (94/100) than Stratum (82/100). Both tools offer the same amount of features.

Looking for the right Business Intelligence 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:

Silvon Software Inc Vs. Workday

Silvon Software Inc: Our mission is to help our clients improve their operational-level visibility and subsequently drive a more intelligent – and successful – enterprise. Bringing greater insight and clarity to our customers’ businesses through analytics and reporting software that’s low risk, fast to install, easy to use and quick-to-ROI is what Silvon’s all about...

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? Stratum or Workday Adaptive Planning?

The real total cost of ownership (TCO) of Business Intelligence 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 Stratum and Workday Adaptive Planning.

Stratum accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Stratum is rated 8, which is higher than the average cost of Business Intelligence 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 Business Intelligence software cost.

Bottom line: Stratum cost is around the same cost of Workday Adaptive Planning.

Which software includes more/better features?

We've compared Stratum Vs. Workday Adaptive Planning based on some of the most important and required Business Intelligence features.

Stratum: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Customizable Dashboard, Customizable Features, Dashboarding, Forecasting & Budgeting, Graphic Benchmark.

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

Target customer size

Stratum is designed for mid-range and enterprise customers in the Consumer Goods, Food & Beverage, Printing & Publishing and General Manufacturing sectors. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.