Compare Tipalti and Workday Adaptive Planning - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than Tipalti, and Workday Adaptive Planning is rated higher (94/100) than Tipalti (80/100). Workday Adaptive Planning offers users more features (15) than Tipalti (10).

Looking for the right Billing & Invoicing 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:

Tipalti Vs. Workday

Tipalti: Tipalti’s SaaS streamlines and automates the way companies make payments to the masses. Tipalti is a comprehensive solution that addresses all phases of pay-out from payee registration and payment method selection to funds disbursement, while keeping the payer in full tax and regulatory compliance. --Tipalti covers every country in the world; pa...

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? Tipalti or Workday Adaptive Planning?

The real total cost of ownership (TCO) of Billing & Invoicing 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 Tipalti and Workday Adaptive Planning.

Tipalti price starts at $149 per month , On a scale between 1 to 10 Tipalti is rated 2, which is much lower than the average cost of Billing & Invoicing 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 Billing & Invoicing software cost.

Bottom line: Workday Adaptive Planning is more expensive than Tipalti.

Which software includes more/better features?

We've compared Tipalti Vs. Workday Adaptive Planning based on some of the most important and required Billing & Invoicing features.

Tipalti: Basic Reports, Custom UI, Dashboard, Email alerts, Accounts Payable, Billing & Invoicing, Purchase Orders, Core Accounting.

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

Target customer size

The software is a viable product for businesses of all sizes and a variety of types. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.