What users are saying about
217 Ratings
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Top Rated
239 Ratings
217 Ratings
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Score 7.9 out of 100

Workday Adaptive Planning

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Top Rated
239 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.2 out of 100

Likelihood to Recommend

Anaplan

Well Suited
  • Any process that you expect to change frequently.
  • A process within a dynamic environment, such as high tech / the startup world, where you expect significant business process changes.
  • Any process that requires a significant number of collaborators.
  • Any process where you intend for users to update logic with Excel-like formulas.
  • Any process where using Google Docs has failed to accommodate your needs for data integrity.
Less Appropriate
  • Data visualization - Anaplan has capabilities here, but other tools are more focused on this.
  • Data storage - Anaplan is not a data warehouse and has limits on what you can store.
Matthew Kuo | TrustRadius Reviewer

Workday Adaptive Planning

Adaptive Insights is well-suited for accommodating different areas within the organization that have different cost drivers and/or have different allocation needs. The capability to design planning sheets using the lookup values offers flexibility that was difficult to produce with confidence in our other planning tool. Using dimensions and attributes within our organization's design, allows the ability to dissect data in different ways and report in more flexible formats to meet user needs. In addition, the OfficeConnect plug-in with Adaptive offers expanded Board reporting capabilities where Adaptive Reporting may come up short. The Discovery Dashboard provides quick visuals for C-Suite on demand.
Limin Kinsey, CPA, CFE | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Anaplan
7.5
Workday Adaptive Planning
9.3
Customizable dashboards
Anaplan
7.5
Workday Adaptive Planning
10.0
Pixel Perfect reports
Anaplan
Workday Adaptive Planning
9.0
Report Formatting Templates
Anaplan
Workday Adaptive Planning
9.0

Report Output and Scheduling

Anaplan
7.7
Workday Adaptive Planning
8.0
Publish to PDF
Anaplan
8.3
Workday Adaptive Planning
8.0
Report Versioning
Anaplan
7.9
Workday Adaptive Planning
8.0
Report Delivery Scheduling
Anaplan
7.0
Workday Adaptive Planning
8.0

Mobile Capabilities

Anaplan
7.4
Workday Adaptive Planning
8.5
Responsive Design for Web Access
Anaplan
7.4
Workday Adaptive Planning
8.0
Dedicated iOS Application
Anaplan
Workday Adaptive Planning
8.0
Dedicated Android Application
Anaplan
Workday Adaptive Planning
8.0
Dashboard / Report / Visualization Interactivity on Mobile
Anaplan
Workday Adaptive Planning
10.0

Budgeting, Planning, and Forecasting

Anaplan
8.2
Workday Adaptive Planning
8.4
Long-term financial planning
Anaplan
7.2
Workday Adaptive Planning
7.9
Financial budgeting
Anaplan
8.6
Workday Adaptive Planning
8.9
Forecasting
Anaplan
9.0
Workday Adaptive Planning
9.0
Scenario modeling
Anaplan
8.4
Workday Adaptive Planning
7.1
Management reporting
Anaplan
8.1
Workday Adaptive Planning
8.9

Consolidation and Close

Anaplan
7.4
Workday Adaptive Planning
7.9
Financial data consolidation
Anaplan
9.0
Workday Adaptive Planning
8.6
Journal entries and reports
Anaplan
7.7
Workday Adaptive Planning
6.3
Multi-currency management
Anaplan
6.2
Workday Adaptive Planning
7.5
Intercompany Eliminations
Anaplan
6.0
Workday Adaptive Planning
7.9
Minority Ownership
Anaplan
6.0
Workday Adaptive Planning
7.9
Local and consolidated reporting
Anaplan
8.0
Workday Adaptive Planning
8.5
Detailed Audit Trails
Anaplan
8.9
Workday Adaptive Planning
8.5

Financial Reporting and Compliance

Anaplan
8.0
Workday Adaptive Planning
7.9
Financial Statement Reporting
Anaplan
9.0
Workday Adaptive Planning
8.7
Management Reporting
Anaplan
9.0
Workday Adaptive Planning
8.6
Excel-based Reporting
Anaplan
5.2
Workday Adaptive Planning
7.3
Automated board and financial reporting
Anaplan
8.7
Workday Adaptive Planning
7.4
XBRL support for regulatory filing
Anaplan
Workday Adaptive Planning
7.5

Analytics

Anaplan
6.9
Workday Adaptive Planning
7.0
Personalized dashboards
Anaplan
7.2
Workday Adaptive Planning
7.5
Color-coded scorecards
Anaplan
6.9
Workday Adaptive Planning
6.4
KPIs
Anaplan
7.0
Workday Adaptive Planning
7.3
Cost and profitability analysis
Anaplan
7.1
Workday Adaptive Planning
8.3
Key Performance Indicator setting
Anaplan
6.5
Workday Adaptive Planning
7.9
Benchmarking with external data
Anaplan
7.1
Workday Adaptive Planning
4.8

Integration

Anaplan
8.2
Workday Adaptive Planning
8.3
Flat file integration
Anaplan
8.6
Workday Adaptive Planning
8.3
Excel data integration
Anaplan
7.2
Workday Adaptive Planning
8.3
Direct links to 3rd-party data sources
Anaplan
8.9
Workday Adaptive Planning
8.2

Ad-hoc Reporting

Anaplan
Workday Adaptive Planning
8.0
Drill-down analysis
Anaplan
Workday Adaptive Planning
9.0
Formatting capabilities
Anaplan
Workday Adaptive Planning
7.0
Integration with R or other statistical packages
Anaplan
Workday Adaptive Planning
8.0
Report sharing and collaboration
Anaplan
Workday Adaptive Planning
8.0

Data Discovery and Visualization

Anaplan
Workday Adaptive Planning
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
Anaplan
Workday Adaptive Planning
7.0
Location Analytics / Geographic Visualization
Anaplan
Workday Adaptive Planning
8.0
Predictive Analytics
Anaplan
Workday Adaptive Planning
8.0

Access Control and Security

Anaplan
Workday Adaptive Planning
9.0
Multi-User Support (named login)
Anaplan
Workday Adaptive Planning
9.0
Role-Based Security Model
Anaplan
Workday Adaptive Planning
9.0
Multiple Access Permission Levels (Create, Read, Delete)
Anaplan
Workday Adaptive Planning
9.0

Pros

Anaplan

  • Anaplan is great for headcount reporting. We have reports by dept, office location, and subsidiary that is great for planning and also for full company reporting.
  • Although they can be complicated to set up, Anaplan is also great for setting up complex P&L views. For example, setting up a P&L with a combination of subs/depts., that still needs to consolidate to the total P&L.
  • Systems-wise, I like that it's impossible to #REF the model! Anaplan shows you where everything is referenced, so it's very difficult to break anything.
  • I also like that formulas copy across, so there is no chance of pointing to the wrong cell, like in Excel
Dan Shuwarger | TrustRadius Reviewer

Workday Adaptive Planning

  • I love how easy it is to track software and general amortizations in Adaptive. The software has been an issue with my past employers, but it flows very easily here in Adaptive.
  • We also use Adaptive's OfficeConnect for easy reporting. It has helped us automate our reporting as we work with internal departments. We have the reports built, and the software and can refresh all of them simultaneously, reducing generation time and giving us more time for analysis.
  • We are building out more operational metrics now. We are starting to track sales opportunities across different business segments to see the correlation between spending activities and opportunity generation. This helps us set better targets in the future. This paired with OfficeConnect also makes it very easy to track and report on operational metrics in addition to financial metrics.
Mark McConkie | TrustRadius Reviewer

Cons

Anaplan

  • Performance - in the case of complex business cases, the size of Anaplan is increasing drastically, and even a simple click would take more than it should.
  • UI - The User interface needs to be improved: group/expand hierarchy, "Ctrl " + select option to allow multi selection, Content page clean up, easier "Drag & drop" when customizing or building exports.
  • Review & enhance the type of security user roles.
Szilvia Havasreti | TrustRadius Reviewer

Workday Adaptive Planning

  • When trying to learn about a new feature or a feature I have not used previously it is sometimes difficult to find that information on the help section.
  • Adaptive can be deployed through consultants when they do not have specialized knowledge like higher education. This sometimes makes it difficult to determine who to contact when experiencing issues with the model after implementation.
  • You are limited to one master chart of accounts. When you have multiple businesses this can cause some difficulties that can be overcome, but takes additional thought and planning and can cause issues when making changes.
Brian Kyslinger | TrustRadius Reviewer

Likelihood to Renew

Anaplan

Anaplan 8.2
Based on 3 answers
I don't think we could function without the collaboration capabilities built into Anaplan that replaced disparate Excel files in the workforce planning model
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 9.0
Based on 34 answers
The tools is powerful for planning and reporting purposes, but also very easy to use for non-financial end-users. Team members have expressed how happy they are with the application and the ability we've given them to make their work lives more efficient.
Brad MacDonald | TrustRadius Reviewer

Usability

Anaplan

Anaplan 8.2
Based on 2 answers
There is a dependency in this rating - in that I find Anaplan extremely easy to use, but I've spent the necessary time developing a strong understanding of the platform. Once you understand how to use it, the platform is flexible, easy to use, and fun to use.
Chris Friederich | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 7.3
Based on 79 answers
Menus are easy to navigate, sheets are straightforward and flexible and you can work on your budget/forecasts without being at the office. The cloud based system makes it easy for users to complete their processes offsite and without needing there work provided computer. Creating new reports using both the web based Adaptive tool and OfficeConnect is quite simple with very minimal training.
Gary Grzesiak | TrustRadius Reviewer

Reliability and Availability

Anaplan

Anaplan 10.0
Based on 1 answer
In nearly 3 years, I have only had 1 issue of being unable to access my model for an unplanned maintenance. Even planned maintenance windows are handled during low traffic hours on the weekend.
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 7.1
Based on 10 answers
We can access Adaptive anytime 24/7 from any computer or laptop pc or Mac. They are committed to keep this product up to date and relevant
Harry Vasels | TrustRadius Reviewer

Performance

Anaplan

Anaplan 9.0
Based on 1 answer
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 5 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg | TrustRadius Reviewer

Support Rating

Anaplan

Anaplan 8.1
Based on 2 answers
I feel like the support team is a little lacking in product knowledge. Several times I have contacted them to get help, and ended up finding a solution to my own problem before the team could get back to me with anything useful. I have also submitted a few bugs, and never got updates to when they were fixed in later releases.
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 8.1
Based on 26 answers
Support requests are always handled promptly and resolved favourably.Many user support requests arise during initial deployment and use and often represent questions relating to best methods or how to approach their particular situation, which we gladly assist with as we provide the appropriate skills transfer training and assistance.As clients become more knowledgeable in working with the product suite then they tend not to ask many questions.
Greg Clarke | TrustRadius Reviewer

In-Person Training

Anaplan

Anaplan 3.0
Based on 1 answer
The in-person training is simply not worth the cost. After a few weeks of playing in Anaplan, I went to the basic training and knew more than the person teaching it. a year down the road, I was the first person to complete the advance training, and again could have been teaching the class better than the person running the session. Spend some time on your own trying out different things and you will get all the understanding you need to be successful.
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 8.2
Based on 1 answer
No answer on this topic is available.

Online Training

Anaplan

Anaplan 5.0
Based on 1 answer
I'm giving this a 5 simply for the anapedia outline of calculations. The online videos and trainings leave a lot to be desired, but having anapedia around to help you understand calculations has been helpful. The drawback to anapedia is the depth they go into for calculations, it is lackluster at times. Because of that, I have been working through a much more in-depth look at each calculation on my website for users to reference: http://www.anaplanguru.com/formulas/
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 8.8
Based on 7 answers
Online webinars provided by Adaptive Insights gave me the opportunity to explore more features in AI and perform my tasks more efficiently.
Lenny Wu, MBA, MA, CPA, CGA | TrustRadius Reviewer

Implementation Rating

Anaplan

Anaplan 6.7
Based on 12 answers
Agile methodology and breaking the work down into sprints was very helpful. Implementation required a deeper dive into our data than expected for the consultants to be able to construct the data model. But once it was in place, the focus on knowledge transfer enabled us to be able to use the product effectively after the team rolled off.
Steve Ridgley | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 8.8
Based on 30 answers
Be open to working up the plan in a way that leverages the power of the software.

Look to maximise the knowledge transfer early on - the software is very usable. You'll be able to maintain it yourself rather than being hooked to the partner
Lee Hawthorn | TrustRadius Reviewer

Alternatives Considered

Anaplan

Anaplan was an easy choice because two other divisions in our company used it in limited ways - either only sales ops or financial reporting. In addition, it was the hands down best choice given the complexity and size of our organization. We operate in a highly matrixed organization across the globe therefore, we needed a powerful and flexible platform; not all options allowed for this flexibility nor were they suited for large multi-national companies.
Tara Kirby | TrustRadius Reviewer

Workday Adaptive Planning

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis | TrustRadius Reviewer

Scalability

Anaplan

Anaplan 7.0
Based on 1 answer
It's going to handle most of what you can throw at it. The problem lies in the sparsity of some datasets. When you have over 5ish dimensions of sparse data, the size of the model gets bloated for not much value. In several cases, I have had to adapt my model to account for sparsity in a way that minimized use of space, but also made interacting with the data more cumbersome.
Joe Bradbury | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 8 answers
Some aspects of the application are very scalable (formulae, metadata changes, adding/changing users, etc.) while others are less so (dashboards, data integration etc.)
Bob Katz, CMA, CFM, CFP® | TrustRadius Reviewer

Return on Investment

Anaplan

  • I'm sure the impact is positive. We have streamlined many processes and created capacity for our finance team.
  • It's great to have "one source of truth" and know that everyone is looking at the same metrics.
Kelley Haghighi | TrustRadius Reviewer

Workday Adaptive Planning

  • We use Adaptive Planning as our main budgeting software. Adaptive is always releasing new features to improve the functionality, and this makes working it is much more efficient.
  • Adaptive has many resources to help you use Adaptive. However, not many answers can be found on Google.
Samantha Monastra | TrustRadius Reviewer

Screenshots

Pricing Details

Anaplan

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Workday Adaptive Planning

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

* per seat, per installation

Rating Summary

Likelihood to Recommend

Anaplan
7.8
Workday Adaptive Planning
7.5

Likelihood to Renew

Anaplan
8.2
Workday Adaptive Planning
9.0

Usability

Anaplan
8.2
Workday Adaptive Planning
7.3

Reliability and Availability

Anaplan
10.0
Workday Adaptive Planning
7.1

Performance

Anaplan
9.0
Workday Adaptive Planning
9.1

Support Rating

Anaplan
8.1
Workday Adaptive Planning
8.1

In-Person Training

Anaplan
3.0
Workday Adaptive Planning
8.2

Online Training

Anaplan
5.0
Workday Adaptive Planning
8.8

Implementation Rating

Anaplan
6.7
Workday Adaptive Planning
8.8

Scalability

Anaplan
7.0
Workday Adaptive Planning
9.1

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