Oracle Fusion Cloud Enterprise Performance Management vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle Fusion Cloud Enterprise Performance Management
Score 7.2 out of 10
N/A
Oracle Fusion Cloud Enterprise Performance Management (EPM) is a solution that helps users model and plan across finance, HR, supply chain, and sales, streamline the financial close process. Oracle Cloud Enterprise Performance Management (EPM) Platform is a framework of the technical and functional components shared among Cloud EPM processes.
$250
per user/per month
Workday Adaptive Planning
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.N/A
Pricing
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Editions & Modules
EPM Standard
$250
per user/per month
EPM Enterprise
$500
per user/per month
No answers on this topic
Offerings
Pricing Offerings
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsPricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.
More Pricing Information
Community Pulse
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Considered Both Products
Oracle Fusion Cloud Enterprise Performance Management
Chose Oracle Fusion Cloud Enterprise Performance Management
It is a top 3 product in its class. Having used EPM the most I would rate it the highest. Also used PBCS very successfully. This was selected as the path of least resistance. The upgrade was from HFM to EPM Cloud using JDE as the GL.
Workday Adaptive Planning
Chose Workday Adaptive Planning
Adaptive Insights is well-positioned against the new tier of SaaS players as well as the larger, legacy, on-premise financial planning solutions such as Hyperion and IBM Cognos TM1. Its got an approachable user interface and relatively easy to use models and forecast …
Chose Workday Adaptive Planning
Adaptive Insights has a much lower cost of ownership than any Oracle application and is far more usable; it can be maintained by the Finance team rather than requiring a lot of back-office IT heads.
Top Pros
Top Cons
Features
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.6
3 Ratings
36% below category average
Workday Adaptive Planning
9.3
1 Ratings
14% above category average
Pixel Perfect reports8.12 Ratings9.01 Ratings
Customizable dashboards4.43 Ratings10.01 Ratings
Report Formatting Templates4.43 Ratings9.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.2
23 Ratings
10% above category average
Workday Adaptive Planning
8.0
1 Ratings
4% below category average
Drill-down analysis9.722 Ratings9.01 Ratings
Formatting capabilities9.521 Ratings7.01 Ratings
Report sharing and collaboration8.419 Ratings8.01 Ratings
Integration with R or other statistical packages00 Ratings8.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.0
19 Ratings
10% above category average
Workday Adaptive Planning
8.0
1 Ratings
2% below category average
Publish to Web9.016 Ratings00 Ratings
Publish to PDF8.919 Ratings8.01 Ratings
Report Versioning9.017 Ratings8.01 Ratings
Report Delivery Scheduling9.015 Ratings8.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.9
3 Ratings
26% below category average
Workday Adaptive Planning
7.7
1 Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)6.03 Ratings7.01 Ratings
Location Analytics / Geographic Visualization6.83 Ratings8.01 Ratings
Predictive Analytics5.13 Ratings8.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.2
24 Ratings
5% above category average
Workday Adaptive Planning
9.0
1 Ratings
3% above category average
Multi-User Support (named login)9.020 Ratings9.01 Ratings
Role-Based Security Model9.323 Ratings9.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.920 Ratings9.01 Ratings
Single Sign-On (SSO)9.321 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.2
2 Ratings
11% below category average
Workday Adaptive Planning
8.5
1 Ratings
6% above category average
Responsive Design for Web Access6.22 Ratings8.01 Ratings
Mobile Application00 Ratings8.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings10.01 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.8
38 Ratings
6% above category average
Workday Adaptive Planning
8.7
174 Ratings
4% above category average
Long-term financial planning9.230 Ratings8.5160 Ratings
Financial budgeting9.738 Ratings9.0171 Ratings
Forecasting8.937 Ratings8.7166 Ratings
Scenario modeling8.635 Ratings8.9157 Ratings
Management reporting7.833 Ratings8.4171 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
20 Ratings
12% above category average
Workday Adaptive Planning
7.6
140 Ratings
6% below category average
Financial data consolidation9.817 Ratings7.8105 Ratings
Journal entries and reports9.714 Ratings7.967 Ratings
Multi-currency management8.913 Ratings6.880 Ratings
Intercompany Eliminations8.914 Ratings7.659 Ratings
Minority Ownership8.612 Ratings7.935 Ratings
Local and consolidated reporting9.716 Ratings8.593 Ratings
Detailed Audit Trails8.216 Ratings6.9116 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.4
34 Ratings
2% above category average
Workday Adaptive Planning
8.5
162 Ratings
3% above category average
Financial Statement Reporting9.629 Ratings8.7143 Ratings
Management Reporting7.932 Ratings8.5157 Ratings
Excel-based Reporting8.430 Ratings8.1156 Ratings
Automated board and financial reporting7.828 Ratings8.6135 Ratings
XBRL support for regulatory filing8.519 Ratings8.625 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.7
25 Ratings
4% below category average
Workday Adaptive Planning
7.7
132 Ratings
4% below category average
Personalized dashboards8.225 Ratings7.1114 Ratings
Color-coded scorecards7.73 Ratings7.394 Ratings
KPIs7.44 Ratings8.1107 Ratings
Cost and profitability analysis6.74 Ratings7.6111 Ratings
Key Performance Indicator setting8.124 Ratings7.995 Ratings
Benchmarking with external data8.024 Ratings8.366 Ratings
Integration
Comparison of Integration features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
36 Ratings
9% above category average
Workday Adaptive Planning
8.3
152 Ratings
0% below category average
Flat file integration9.634 Ratings8.8118 Ratings
Excel data integration9.632 Ratings8.1146 Ratings
Direct links to 3rd-party data sources8.228 Ratings8.1112 Ratings
Best Alternatives
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Likelihood to Recommend
8.9
(46 ratings)
8.9
(203 ratings)
Likelihood to Renew
9.0
(3 ratings)
7.7
(43 ratings)
Usability
8.0
(1 ratings)
9.0
(109 ratings)
Availability
10.0
(1 ratings)
7.3
(11 ratings)
Performance
9.0
(1 ratings)
9.1
(5 ratings)
Support Rating
6.8
(3 ratings)
8.1
(33 ratings)
In-Person Training
-
(0 ratings)
8.2
(2 ratings)
Online Training
-
(0 ratings)
7.3
(9 ratings)
Implementation Rating
8.2
(16 ratings)
9.4
(27 ratings)
Configurability
5.0
(1 ratings)
8.2
(5 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.3
(1 ratings)
Ease of integration
8.0
(1 ratings)
8.2
(8 ratings)
Product Scalability
8.0
(1 ratings)
8.6
(12 ratings)
Professional Services
-
(0 ratings)
8.2
(1 ratings)
Vendor post-sale
7.0
(1 ratings)
8.2
(4 ratings)
Vendor pre-sale
9.0
(1 ratings)
6.4
(4 ratings)
User Testimonials
Oracle Fusion Cloud Enterprise Performance ManagementWorkday Adaptive Planning
Likelihood to Recommend
Oracle
It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
Read full review
Workday
Adaptive is much more versatile than most planning software, and in most ways better than Excel for planning and analytics. It is great and bringing together data from multiple sources, especially if on the Workday platform, and really allows your team to collaborate in real time without any issues unlike trying to work in Excel workbooks at the same time or needing an adminstrator to enter data for you. Power users can even update models and reports themselves and share with others. The flexibility of designing your own models is also great in allowing you to plan however granular you need and have different methods of planning for different business units but bring it all together consolidated.The reporting is the least useful feature. Yes, OfficeConnect gives you all the power of Excel and PowerPoint and is great if you can utilize it, but for now it only works on Windows when many businesses have shifted to Apple or Google platforms. Also, OfficeConnect is not fast or easy to use, like the web reports and web dashboards, which are great for quick ad-hoc reports but not great for presentation-level reports. This creates a huge disconnect in the quickness of analytics, if you want to run and show in depth analytics you'll need OfficeConnect due to the limited functionality and limited formula capabilites of Adaptive web reports which requires someone to build and maintain and refresh the OfficeConnect reports which is slow and not easily shared with other users.Also the planning functionality of the 3 sheet types have not been updated in years. Some new features or sheet types would be greatly appreciated.
Read full review
Pros
Oracle
  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
Read full review
Workday
  • It helps create dynamic plans for finances, operations and various functional units in an organization all under one platform
  • It helps in scenario modeling to help analyze various business events and report by any number of business dimensions including channel, customer or product
  • It can be integrated with any system including ERP, BI or CRM
Read full review
Cons
Oracle
  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
Read full review
Workday
  • Variable Time Roll-ups. Different entities within our company look at "years" differently, but we're only able to specify one global time roll-up for aggregating data quickly, which can lead to some confusion.
  • Administrative UI. Management of Access Rules and ordering sheets from an administrative point of view can be a bit tedious and have received less attention than other features recently.
  • List Sheet Reporting. Any sheet that is a variable list of things (like People, Capital Projects, Marketing Programs) is somewhat constrained in how it can be reported on. Adaptive provides two kinds of reports but both leave something to be desired when reporting on this kind of data.
Read full review
Likelihood to Renew
Oracle
We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
Read full review
Workday
For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
Read full review
Usability
Oracle
EPM usability is good in some modules but needs some improvement in others
Read full review
Workday
Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
Read full review
Reliability and Availability
Oracle
EPM has been so far available all the time
Read full review
Workday
There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
Read full review
Performance
Oracle
The product performance is so far very good
Read full review
Workday
All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
Read full review
Support Rating
Oracle
Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
Read full review
Workday
Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
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In-Person Training
Oracle
No answers on this topic
Workday
This was extremely helpful so that they could walk you through the model and teach you more about the complexity of various areas. It is most helpful when it is specific to your organization's model. The larger in-person trainings were helpful but they tended to be more generic and entry level. The trainings that are more tailored to your specific needs are the most helpful.
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Online Training
Oracle
No answers on this topic
Workday
They often times tended to be way too generic or entry level. They would also become sales pitches to upgrade or get new Adaptive Planning products. The questions in the training would be very niche and specific to other organizations. They were rarely helpful to the group at large.
Read full review
Implementation Rating
Oracle
I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
Read full review
Workday
Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
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Alternatives Considered
Oracle
Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
Read full review
Workday
Workday became our choice because it is fully web-based and easily integrates with other systems. The learning curve for Workday was shorter than that of Dynamics. The reporting tools in Workday are more user-friendly than that of Dynamics. However Workday did not have Check Printing tools which are available in Dynamics. The organization started a project to digitize all financial transactions so it was not a priority feature. When it comes to scaling up the functionalities of Workday it was much easier than Dynamics.
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Contract Terms and Pricing Model
Oracle
No answers on this topic
Workday
Good read only seat access
Read full review
Scalability
Oracle
The product is scalable
Read full review
Workday
We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
Read full review
Professional Services
Oracle
No answers on this topic
Workday
This is now available in house at Workday which is convenient.
Read full review
Return on Investment
Oracle
  • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
  • We now need less employees to manage the configurations of Oracle EPM Cloud.
  • There have been many time savings as a whole to apply to more productive causes.
Read full review
Workday
  • Adaptive Insights has had a positive impact on organizational expansion. With our break-even analysis we have created, what would once take place in a notebook or Excel, we have created templates and can run a conservative estimate on revenue and costs quite quickly. We have cut back on research and time on expansion by months this way, to mere hours.
  • One negative impact is the costs with implementing connections between our other ERP systems with Adaptive Insights. Currently, we would like to have near real-time data, but cannot due to the costs. Currently, I am tasked with uploading from multiple systems and this can be time consuming, especially during a close.
  • Overall, positively we have had an excellent experience. The ease of the functionality and the easy learning curve have enabled everyone on my team to have an enjoyable experience.
Read full review
ScreenShots

Oracle Fusion Cloud Enterprise Performance Management Screenshots

Screenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise DeploymentScreenshot of Planning and Forecasting - Decision-Oriented Plans with Instant Feedback Loop - What-If Modeling and SandboxScreenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of User Interface - Role-Based, Intuitive User Interface - Role-Based Navigation Flows - Microsoft Office InterfaceScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise Deployment

Workday Adaptive Planning Screenshots

Screenshot of Adaptive Planning balance sheets.Screenshot of Adaptive Discovery visuals.Screenshot of Adaptive Planning expense variance analysis report.Screenshot of Adaptive Discovery visuals with drill-down capabilities.Screenshot of Adaptive Planning in-sheet visualizations (waterfall chart)Screenshot of Sparklines are used to visualize trends and make adjustments visually