Shlomi Lavi /
Feb 01, 2023
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Bottom Line: Which is Better - Workday Adaptive Planning or Izenda Reports?
Workday Adaptive Planning is more expensive to implement (TCO) than Izenda Reports, and Workday Adaptive Planning is rated higher (94/100) than Izenda Reports (79/100). Workday Adaptive Planning offers users more features (15) than Izenda Reports (6).
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. Izenda
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...
Izenda: Izenda has more than a decade of experience delivering embedded ad-hoc reporting, real-time dashboards and data visualization to hundreds of thousands of users. We live and breathe self-service BI, and that enables us to deliver real-world, practical value to our clients, every day.
Who is more expensive? Workday Adaptive Planning or Izenda Reports?
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 Izenda Reports.
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. Izenda Reports price starts at $30,000 per license , When comparing Izenda Reports 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 Izenda Reports.
Which software includes more/better features?
We've compared Workday Adaptive Planning Vs. Izenda Reports 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.
Izenda Reports: Dashboard, Financial reporting, Ad-Hoc Reporting, Automatic Scheduled Reporting, OLAP.
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. Customers of the software include businesses of all sizes hailing from a diverse range of
industries.