Compare Workday Adaptive Planning and FundBalance Solution - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than FundBalance Solution, and Workday Adaptive Planning is rated higher (94/100) than FundBalance Solution (82/100). Workday Adaptive Planning offers users more features (15) than FundBalance Solution (0).

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. Tyler Technologies

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...

Tyler Technologies: From financial management and property taxes to courts and education, we create, deliver and support software solutions and services that make it easier for local governments and schools to manage their complex, day-to-day business functions. We have a unique vantage point due to our singular focus on serving the public sector with a broad product ...

Who is more expensive? Workday Adaptive Planning or FundBalance Solution?

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 FundBalance Solution.

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. FundBalance Solution price starts at $25 per license , When comparing FundBalance Solution 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 FundBalance Solution.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. FundBalance Solution 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.

FundBalance Solution: We are still working to collect the list of features for FundBalance Solution.

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 FundBalance Solution's target customer size include: Small, medium and large size businesses.