Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Teramind Business or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Teramind Business, and Workday Adaptive Planning is rated higher (94/100) than Teramind Business (62/100). Workday Adaptive Planning offers users more features (15) than Teramind Business (0).
Looking for the right Business performance management 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:
Teramind Vs. Workday
Teramind: Teramind is a unique employee monitoring platform that’s built on a highly-scalable and modern architecture. Our customers are very diverse, from micro-companies with ten employees, to two-thousand-user enterprises. We provide our platform in two ways: Cloud or On-premises. The features of both deployment options are identical, and there is only on...
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? Teramind Business or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Business performance management 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 Teramind Business and Workday Adaptive Planning.
Teramind Business price starts at $8.92 per user/month , On a scale between 1 to 10 Teramind Business is rated 4, which is lower than the average cost of Business performance management 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 performance management software cost.
Bottom line: Workday Adaptive Planning is more expensive than Teramind Business.
Which software includes more/better features?
We've compared Teramind Business Vs. Workday Adaptive Planning based on some of the most important and required Business performance management features.
Teramind Business: We are still working to collect the list of features for Teramind Business.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Teramind Business's typical customers include: Start up, Small business, Medium business, Large business, Private use, Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.