Compare Xero and Workday Adaptive Planning - Dec 2022
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Bottom Line: Which is Better - Xero or Workday Adaptive Planning?
Workday Adaptive Planning is more expensive to implement (TCO) than Xero, and Workday Adaptive Planning is rated with the same score (94/100) as Xero (94/100). Workday Adaptive Planning offers users more features (15) than Xero (13).
Looking for the right Core Accounting 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:
Xero Vs. Workday
Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...
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...
Who is more expensive? Xero or Workday Adaptive Planning?
The real total cost of ownership (TCO) of Core Accounting 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 Xero and Workday Adaptive Planning.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. Workday Adaptive Planning price starts at $15,000 per license , When comparing Workday Adaptive Planning to its competitors, the software is rated 8 - higher than the average Core Accounting software cost.
Bottom line: Workday Adaptive Planning is more expensive than Xero.
Which software includes more/better features?
We've compared Xero Vs. Workday Adaptive Planning based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.
Workday Adaptive Planning
starts at $15,000 per license
Workday Adaptive Planning software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for ...
Compare PricingCompare specifications
Xero Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> Xero review |
Company: | Xero |
Pricing: | starts at $12 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Xero review, Xero pricing, Xero alternatives |
Workday Adaptive Planning Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 8/10 - high cost |
Category: | Budgeting & CPM -> Workday Adaptive Planning review |
Company: | Workday |
Pricing: | starts at $15,000 per license |
Typical customers: | Small, medium and large size businesses |
Platforms: | Mobile, Cloud |
Links: | Workday Adaptive Planning review, Workday Adaptive Planning pricing, Workday Adaptive Planning alternatives |
Compare features
Xero: 13 Features
Workday Adaptive Planning: 15 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.