Compare Workday Adaptive Planning and BudgetPak - Jun 2024

Shlomi LaviShlomi Lavi / Jun 06, 2024

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

Workday Adaptive Planning is more expensive to implement (TCO) than BudgetPak, and Workday Adaptive Planning is rated higher (94/100) than BudgetPak (83/100). Workday Adaptive Planning offers users more features (15) than BudgetPak (5).

Looking for the right Budgeting & CPM 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:

Workday Vs. XLerant, Inc

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...

XLerant, Inc: XLerant, Inc. provides a cloud-based budgeting, forecasting and reporting solution for small to mid-sized organizations — designed for the needs of finance teams and budget managers. XLerant's non-Excel interface engages budget managers and empowers them to make informed decisions to help achieve strategic objectives. XLerant's powerful software-as...

Who is more expensive? Workday Adaptive Planning or BudgetPak Software?

The real total cost of ownership (TCO) of Budgeting & CPM 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 Workday Adaptive Planning and BudgetPak Software.

Workday Adaptive Planning price starts at $15,000 per license , On a scale between 1 to 10 Workday Adaptive Planning is rated 8, which is higher than the average cost of Budgeting & CPM software. BudgetPak Software price starts at $10,000 per license , When comparing BudgetPak Software to its competitors, the software is rated 6 - similar to the average Budgeting & CPM software cost.

Bottom line: Workday Adaptive Planning is more expensive than BudgetPak Software.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. BudgetPak based on some of the most important and required Budgeting & CPM features.

Workday Adaptive Planning: 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, Dashboarding, Forecasting & Budgeting, Performance Measurements, Predictive-Analysis, Profit Analysis.

BudgetPak Software: Version Control, Budgeting & Forecasting, Project Budgeting, Capital Asset Planning, Profit / Loss Statement.

Target customer size

Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning. and BudgetPak Software's target customer size include: SMBs.



Workday Adaptive Planning

ITQlick rating
(4.5/5)

starts at $15,000 per license

Workday Adaptive Planning 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 ...

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

BudgetPak

ITQlick rating
(4.7/5)

starts at $10,000 per license

BudgetPak is a budgeting & CPM software designed to help organizations manage budgeting, forecasting, and reporting. The software helps organizations engage their teams in their budgeting process.

Categories: Accounting & Finance, Budgeting & CPM, Capital Program Management, Project Budgeting, Project Forecasting.

Compare specifications

Compare features

Workday Adaptive Planning: 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

BudgetPak Software: 5 Features

Version Control
Budgeting & Forecasting
Project Budgeting
Capital Asset Planning
Profit / Loss Statement
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
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
Compare
BudgetPa...
ITQlick rating
4.7/5
Score
83/100
Pricing
7.8/10
License pricing
$10,000 per license
Functionality
10
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

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.