Vena Vs Workday Adaptive Planning

Shlomi LaviShlomi Lavi / Apr 07, 2022

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

Workday Adaptive Planning is more expensive to implement (TCO) than Vena, Workday Adaptive Planning is rated higher (94/100) than Vena (87/100). Workday Adaptive Planning offers more features (15) to their users than Vena (9).

Looking for the right Budgeting & CPM solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Vena Solution compares with Adaptive Planning?

Vena Solution: Vena Solutions delivers the most flexible performance management solution available for budgeting, forecasting, planning, reporting, analytics, and other mission-critical finance and accounting processes to large and mid-market companies around the world. Vena’s unified web-based software platform embraces all the power and flexibility of Microsoft...

Adaptive Planning: Adaptive Planning delivers an on-demand Corporate Performance Management (CPM) solution to over 1,500 clients and 50,000 users worldwide. Adaptive Planning provides powerful, easy-to-use, universally accessible software without the exorbitant costs or lengthy installations associated with enterprise performance management packages. No new hardware,...

Who's more expensive? Vena or Adaptive Insights?

The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Vena and Adaptive Insights.

Vena accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Vena is rated 6, which is similar to the average cost of Budgeting & CPM software. Adaptive Insights price starts at $15,000 per license , when comparing Adaptive Insights to their competitors, the software is rated 8 - higher than the average Budgeting & CPM software cost.

Bottom line:Adaptive Insights is more expensive than Vena.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Vena Vs. Workday Adaptive Planning based on some of the most important and required Budgeting & CPM features. Vena: Version Control, Audit Trail, Budgeting & Forecasting, Financial reporting, OLAP, Project Budgeting, Dashboarding, Business performance management. Adaptive Insights: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.

Target customer size

Vena is best for medium to large corporate companies that deal with a lot of spreadsheets and spreadsheet like reports from other companies and/or subsidiaries. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.

Vena

ITQlick rating
(4.3/5)

Vena Solutions is a Corporate Performance Management (CPM) software that helps corporate companies manage, organize, and support spreadsheet and spreadsheet based processes for consolidation, management, and re...

Categories: Accounting & Finance, Budgeting & CPM, Financial reporting, Financial consolidation.

Workday Adaptive Planning

ITQlick rating
(4.5/5)

starts at $15,000 per license

Adaptive Insights software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for installa...

Categories: Accounting Practice Management, Budgeting & CPM, Financial reporting, Payroll Accounting, BI & Analytics.

Compare specifications

Vena Specifications

ITQlick Score: 87/100
ITQlick Rating: (4.3/5)
Pricing: 6/10 - average cost
Category: Budgeting & CPM -> Vena
Company: Vena Solution
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Vena review, Vena pricing, Vena alternatives

Compare features

Vena: 9 Features

Version Control
Audit Trail
Budgeting & Forecasting
Financial reporting
OLAP
Project Budgeting
Dashboarding
Business performance management
Forecasting

Adaptive Insights: 15 Features

Ad-Hoc Analysis
Ad-Hoc Reporting
Automatic Scheduled Reporting
Dashboarding
Forecasting & Budgeting
Performance Measurements
Predictive-Analysis
Profit Analysis
Balance Sheet
Capital Asset Planning
Cash flow/cash budget
Forecasting
Multi-Department / Project
Revenue budget
Sales budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Vena
ITQlick rating
4.3/5
Score
87/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
21
Review
Compare
Adaptive
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
Neubrain
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review
PlanGuru
ITQlick rating
4.2/5
Score
87/100
Pricing
2.8/10
License pricing
$99 per month
Functionality
22
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.