About Workday Adaptive Planning

Workday Adaptive Planning, founded in 2003, provides a web-based system for budgeting, forecasting and reporting. The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service (SaaS) model, Workday Adaptive Planning eliminates the need to purchase new hardware or software. The interface is designed similar to Excel, capitalizing on familiarity to speed up the training process. Workday Adaptive Planning can serve the needs of many business sizes, including small companies, nonprofit organizations and companies with billions of dollars in revenue. The core Functionalities include budgeting and forecasting, reporting, dashboards, financial modeling and administration. Workday Adaptive Planning serves the specific needs of business services, healthcare, manufacturing, nonprofit organizations and even software companies. The Workday Adaptive Planning system has an extensive partner network of value-added resellers (VARs) in many different countries. Each purchase is accompanied with robust implementation, training and support services.
Workday Adaptive Planning Software - Workday Adaptive Planning revenue targets
Workday Adaptive Planning Software - Workday Adaptive Planning analytics and reporting
Workday Adaptive Planning Software - Workday Adaptive Planning headcount and cost planning
Workday Adaptive Planning Software - Workday Adaptive Planning demand and supply planning
Workday Adaptive Planning Software - Workday Adaptive Planning marketing planning
Workday Adaptive Planning Software - Workday Adaptive Planning quota planning
Workday Adaptive Planning video
Workday Adaptive Planning Software - Workday Adaptive Planning revenue targets - thumbnail
Workday Adaptive Planning Software - Workday Adaptive Planning analytics and reporting - thumbnail
Workday Adaptive Planning Software - Workday Adaptive Planning headcount and cost planning - thumbnail
Workday Adaptive Planning Software - Workday Adaptive Planning demand and supply planning - thumbnail
Workday Adaptive Planning Software - Workday Adaptive Planning marketing planning - thumbnail

Workday Adaptive Planning pricing

Workday Adaptive Planning does not have a free version and does not offer a free trial.

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
No

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Workday Adaptive Planning Reviews

Feature rating

Value for Money
4.4
Functionality
4.3
Ease of Use
4.2
Customer Support
4.4
5 reviews of 181 View all reviews
Ben
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 15/09/2016

Great Product

We are going into our third budget cycle using Adaptive and it has made our process much more efficient. Prior to using Adaptive we played budget ping pong, bouncing spreadsheets back and forth and then once we landed on a final version the Finance team consolidated the numbers. Adaptive is great because you can see the impact of a change to the consolidated budget in real time. This is a great software for the Finance team as well as the budget / business managers.

Pros

There are many great features including: audit trails, notes, role permissions and security, the ability to quickly create versions, great technical support, and it’s cloud based.

Cons

There is a report builder in Adaptive and it’s easy to use. However, I do feel like they have focused on making improvements in other areas and the reporting hasn’t made as much progress. I do think this is one area that could use some improvements.

Jonny
  • Industry: Computer Software
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
3
Customer Support
4

5
Reviewed on 08/07/2020

An FP&A Dream Tool

I will always recommend Adaptive to FP&A professionals. Once you use it and truly understand it, I'm sure you will do the same. There is little wonder why they are a leader in the SaaS space.

Pros

A cloud-based tool that enables you to forecast and budget different scenarios. OfficeConnect (an add-on feature) allows you to create reports directly in Excel and increases overall team efficiency.

Cons

Setting up Adaptive Insights is a crucial, timely, and difficult process. However, the time you put into building your instance initially saves time and pays dividends in the future.

Alternatives Considered

Vena and Anaplan

Reasons for Switching to Workday Adaptive Planning

Previous positive experience with the product and one that I trust. Didn't see a reason to learn something new for the same price.
Justin
  • Industry: Outsourcing/Offshoring
  • Company size: 5,001-10,000 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
0
Features
4
Ease of Use
5
Customer Support
0

4
Reviewed on 16/11/2022

Great tool for budgeting

An excellent tool for budgeting once you have put in the time to learn to use it, you always have the feeling there is more to the software than you know how to use.

Pros

It is super flexible, allowing the user to enter costs by category, department/dimension/cost centre and easily switch between views. You can write little formula to budget by run rate, uplift by a percentage or similar to prior year phasing. You just need to learn a few rules.

Cons

It does not interface well with Workday itself, there was no way I could import staff basic salary into AP from Workday by department and employee for instance.

John
  • Industry: Computer Software
  • Company size: 501-1,000 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
0
Features
3
Ease of Use
2
Customer Support
0

3
Reviewed on 24/02/2022

Sophisticated, but slow software

The actual forecast model is very nice, but I wish the software could be more user-friendly, and faster.

Pros

Adaptive Planning is very sophisticated. There are so many ways models can be created, and it supports so many different versions which I love. I can create a forecast for every single GL account for every different department of the company.

Cons

First, the software is very slow for a company at around 1000 size. If you make even a slight forecast/formula update, it can take 30mins to an hour before you can start using it again.

Also, the formulas are very difficult to learn. The formula assistant feature definitely helps, but the way the formula is structured, it's almost impossible to use without the assistant.

Olivia
  • Industry: Capital Markets
  • Company size: 501-1,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
3
Ease of Use
4
Customer Support
4

4
Reviewed on 01/09/2022

Adaptive is great for small to medium sized enterprises

I use adaptive for 5 year planning, strategic modelling & scenario planning

Pros

The ability to build a bottoms up budget/forecast is an attractive component on this software. It is an assumption based model that is easy to follow and update in the backend

Cons

There is some functionality that it lacks for assumption sheet creation.

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