Compare Workday Adaptive Planning and Coda Financials - Dec 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

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

Coda Financials is more expensive to implement (TCO) than Workday Adaptive Planning, and Workday Adaptive Planning is rated higher (94/100) than Coda Financials (85/100). Both tools offer the same amount of features.

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. UNIT4 Business Software

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...

UNIT4 Business Software: UNIT4 is a global business software and services company that creates, provides and supports software – delivered via the cloud or on-premise – for a market sector it calls ‘Businesses Living IN Change’. Its solutions are aimed at helping these dynamic public sector and commercial services organizations to manage their business needs and embrace ch...

Who is more expensive? Workday Adaptive Planning or Coda Financials?

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 Coda Financials.

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. Coda Financials price starts at $10 per month , When comparing Coda Financials to its competitors, the software is rated 8 - higher than the average Budgeting & CPM software cost.

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

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. Coda Financials 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.

Coda Financials: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting.

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. Coda Financials was developed to support businesses all around the world.