Compare Workday Adaptive Planning and XM HRMS - Dec 2022

Shlomi Lavi

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

Workday Adaptive Planning is more expensive to implement (TCO) than XM HRMS, and Workday Adaptive Planning is rated higher (94/100) than XM HRMS (55/100). Workday Adaptive Planning offers users more features (15) than XM HRMS (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. XM Software Solutions Private Limited

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...

XM Software Solutions Private Limited: XM Software Solutions Private Limited, is a Private limited company incorporated under the laws of India. The Company is engaged in the business of IT & ITenabled services and provides these services exclusively to its affiliate companies ,namely UAE Exchange Centre LLC and its subsidiaries & affiliates. XM Software Solutions Pvt Ltd offers a full ...

Who is more expensive? Workday Adaptive Planning or XM HRMS?

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 XM HRMS.

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. XM HRMS price starts at $3,250 per license , When comparing XM HRMS to its competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.

Bottom line: Workday Adaptive Planning is more expensive than XM HRMS.

Which software includes more/better features?

We've compared Workday Adaptive Planning Vs. XM HRMS 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.

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

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 XM HRMS's target customer size include: Small businesses and start ups.