Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Workday Adaptive Planning or Expensify expense?
Workday Adaptive Planning is more expensive to implement (TCO) than Expensify expense, and Workday Adaptive Planning is rated higher (94/100) than Expensify expense (85/100). Workday Adaptive Planning offers users more features (15) than Expensify expense (3).
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. Expensify
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...
Expensify: Expensify does "expense reports that don't suck!" by importing expenses and receipts from credit cards and mobile phones, submitting expense reports through email, and reimbursing everything online with QuickBooks and Direct Deposit.
Who is more expensive? Workday Adaptive Planning or Expensify expense management?
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 Expensify expense management.
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. Expensify expense management price starts at $5 per user/month , When comparing Expensify expense management to its competitors, the software is rated 4 - lower than the average Budgeting & CPM software cost.
Bottom line: Workday Adaptive Planning is more expensive than Expensify expense management.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. Expensify expense 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.
Expensify expense management: Data Import/Export, Basic Reports, Online Customer Support.
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 Expensify expense management's target customer size include: Small, medium and large size businesses.