Compare Workday Adaptive Planning and TBworks - Feb 2023

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than TBworks, and Workday Adaptive Planning is rated higher (94/100) than TBworks (85/100). Workday Adaptive Planning offers users more features (15) than TBworks (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. TBworks

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...

TBworks: TBworks Trial Balance Accounting Software was created and designed by an Accountant in public practice for Accountants in public practice. After entering into public accounting, the primary software used was WorkPapers Plus. It was a great, easy to use, trial balance software that did the job on most engagements. Then over the years, Workpapers Plu...

Who is more expensive? Workday Adaptive Planning or TBworks?

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 TBworks.

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. TBworks price starts at $50 per 5 users/month , When comparing TBworks 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 TBworks.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. TBworks 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.

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

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.

TB Works Core Accounting Software caters to a wide range of industries, including retail, healthcare, manufacturing, hospitality, and professional services.