Workday Adaptive Planning

Workday Adaptive Planning

What Is Workday Adaptive Planning?

Elevate your budgeting, planning, and modeling with enterprise planning software. Familiar Excel-like sheets streamline the planning process and allow you to drill down into cell values in order to extract and share strategic insights. Configurable options and the ability to create custom calculations within your model give you the flexibility to adapt as your business grows and changes. Workday Adaptive Planning is positioned as a Leader in Gartner's 2019 Magic Quadrant for Cloud FP&A Solutions

Who Uses Workday Adaptive Planning?

Finance and FP&A teams who are still using spreadsheets for budgeting and forecasting, but need an affordable solution to solve for broken links, data integrity issues, and version control errors.

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

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Reviews of Workday Adaptive Planning

Average score

Overall
4.5
Ease of Use
4.2
Customer Service
4.4
Features
4.3
Value for Money
4.4

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
51%
4
44%
3
5%
Ben
Ben
Verified LinkedIn User
Used the Software for: 2+ years
Reviewer Source
Source: GetApp

Great Product

5.0 7 years ago

Comments: 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
Sr. Analyst, FP&A in US
Computer Software, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

An FP&A Dream Tool

5.0 3 years ago

Comments: 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.

Verified Reviewer
Verified LinkedIn User
Dairy, 5,001–10,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Good platform for planning

4.0 2 months ago New

Comments: An easy and good program that works efficiently in preparing the budget and financial affairs in general, with good customer service.

Pros:

A good tool for planning and managing the financial analysis of institutions. It helps in preparing spreadsheets and setting the budget. It helps in developing a plan to match resources, financing and services. It helps in setting the budget.

Cons:

Some development and improvement should be made to the reporting method, and some features that improve the performance of the platform should be added.

John
John
Financial Analyst in US
Verified LinkedIn User
Computer Software, 501–1,000 Employees
Used the Software for: 1+ year
Reviewer Source

Sophisticated, but slow software

3.0 last year

Comments: 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.

Elizabeth
Front Desk Assistant in US
Consumer Services, 51–200 Employees
Used the Software for: 6-12 months
Reviewer Source

Reliable service

5.0 3 months ago

Comments: I feel that the software is bright and easy to use. I like how the widgets and the placements overall of the dashboard makes it easy to find what your looking for.

Pros:

Workday is aesthetically appealing and easy to navigate. As someone who is not tech savvy I appreciate when things are straight forward and not complicated. On a random note, the very unique logo makes it easy to find on a clutter computer dashboard.

Cons:

I have been using this software for almost a year and have no complains to share at this time. I truly recommend this product.