Anaplan vs. Workday Human Capital Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.4 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a scenario planning and analysis platform designed to optimize decision-making in complex business environments so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, the Anaplan platform surfaces key insights.N/A
Workday HCM
Score 8.1 out of 10
N/A
Workday Human Capital Management is a cloud-native system offering a globally consistent user experience. Workday HCM is part of an intelligent, unified system with other Workday products.N/A
Pricing
AnaplanWorkday Human Capital Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanWorkday HCM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
AnaplanWorkday Human Capital Management
Considered Both Products
Anaplan
Chose Anaplan
Essbase/HFM were hosted on-prem and required regular maintenance from the vendor. The tools were good at the simple tasks of consolidation and relatively simple allocation/calculations. Anaplan is a cloud-hosted platform that can be accessed almost anywhere with an internet …
Chose Anaplan
Easy of use is Anaplan's main advantage. As Anaplan is code-less configuration, and the logic for model building is by far the simplest, it would make the learning curve less steep. This is very important when we are showing our clients that, their complicated planning scenario …
Chose Anaplan
Both platforms are excellent but come with some challenges. They are often complex to configure and offer limited customization options. Their user interfaces are not very intuitive, and their reporting capabilities are somewhat restricted. The total cost of ownership is …
Chose Anaplan
Anaplan is more efficient to implement in terms of the waterfall approach of delivering the MVP in the first release and then accordingly working towards the appropriate user feedback/suggestions/enhancements in corresponding sprint planning phases. Hyperion is a pretty large …
Chose Anaplan
DocuSign is one of the early Anaplan adopters, the tool was purchased way before I joined the company. So, I have little to say about the selection process. Based on my personal knowledge, Anaplan has:
- better performance on large data volumes without the need to write …
Chose Anaplan

Other platforms offer some scale vs Anaplan by adding great user interfaces and many out of the box functionality (Time filtering, versions, predefined tables (modeled sheet), chart of accounts (debit, credit)). However, very structured architecture makes edge use cases harder …

Workday HCM

No answer on this topic

Features
AnaplanWorkday Human Capital Management
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.4
224 Ratings
1% below category average
Workday Human Capital Management
-
Ratings
Pixel Perfect reports6.47 Ratings00 Ratings
Customizable dashboards8.0224 Ratings00 Ratings
Report Formatting Templates7.96 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
8 Ratings
12% above category average
Workday Human Capital Management
-
Ratings
Drill-down analysis9.18 Ratings00 Ratings
Formatting capabilities9.18 Ratings00 Ratings
Report sharing and collaboration9.18 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.4
229 Ratings
3% above category average
Workday Human Capital Management
-
Ratings
Publish to Web8.67 Ratings00 Ratings
Publish to PDF8.1227 Ratings00 Ratings
Report Versioning9.0198 Ratings00 Ratings
Report Delivery Scheduling7.98 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
8 Ratings
7% above category average
Workday Human Capital Management
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.17 Ratings00 Ratings
Location Analytics / Geographic Visualization9.17 Ratings00 Ratings
Predictive Analytics6.43 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.2
235 Ratings
8% above category average
Workday Human Capital Management
-
Ratings
Multi-User Support (named login)9.18 Ratings00 Ratings
Role-Based Security Model9.3235 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.18 Ratings00 Ratings
Report-Level Access Control9.584 Ratings00 Ratings
Single Sign-On (SSO)9.18 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.5
222 Ratings
4% below category average
Workday Human Capital Management
-
Ratings
Responsive Design for Web Access8.2213 Ratings00 Ratings
Mobile Application7.4199 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.8207 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
8.9
333 Ratings
8% above category average
Workday Human Capital Management
-
Ratings
Long-term financial planning9.3308 Ratings00 Ratings
Financial budgeting9.4312 Ratings00 Ratings
Forecasting9.3321 Ratings00 Ratings
Scenario modeling9.2323 Ratings00 Ratings
Management reporting7.6322 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.8
282 Ratings
1% below category average
Workday Human Capital Management
-
Ratings
Financial data consolidation8.3262 Ratings00 Ratings
Journal entries and reports7.5218 Ratings00 Ratings
Multi-currency management7.312 Ratings00 Ratings
Intercompany Eliminations7.39 Ratings00 Ratings
Minority Ownership7.38 Ratings00 Ratings
Local and consolidated reporting8.1251 Ratings00 Ratings
Detailed Audit Trails8.8263 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.0
303 Ratings
0% above category average
Workday Human Capital Management
-
Ratings
Financial Statement Reporting8.8280 Ratings00 Ratings
Management Reporting8.1294 Ratings00 Ratings
Excel-based Reporting7.7272 Ratings00 Ratings
Automated board and financial reporting8.214 Ratings00 Ratings
XBRL support for regulatory filing7.31 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
8.9
323 Ratings
10% above category average
Workday Human Capital Management
-
Ratings
Personalized dashboards8.2317 Ratings00 Ratings
Color-coded scorecards8.9301 Ratings00 Ratings
KPIs9.120 Ratings00 Ratings
Cost and profitability analysis9.2280 Ratings00 Ratings
Key Performance Indicator setting9.2290 Ratings00 Ratings
Benchmarking with external data9.114 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.4
330 Ratings
2% above category average
Workday Human Capital Management
-
Ratings
Flat file integration9.3320 Ratings00 Ratings
Excel data integration8.3296 Ratings00 Ratings
Direct links to 3rd-party data sources7.8279 Ratings00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.4
96 Ratings
4% above category average
Employee demographic data00 Ratings8.381 Ratings
Employment history00 Ratings8.691 Ratings
Job profiles and administration00 Ratings8.493 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings9.188 Ratings
Organizational charting00 Ratings9.287 Ratings
Organization and location management00 Ratings8.884 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings6.759 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.8
80 Ratings
8% above category average
Pay calculation00 Ratings8.468 Ratings
Support for external payroll vendors00 Ratings8.656 Ratings
Off-cycle/On-Demand payment00 Ratings9.818 Ratings
Benefit plan administration00 Ratings8.363 Ratings
Direct deposit files00 Ratings8.669 Ratings
Salary revision and increment management00 Ratings9.066 Ratings
Reimbursement management00 Ratings9.243 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.5
74 Ratings
4% above category average
Approval workflow00 Ratings8.573 Ratings
Balance details00 Ratings8.473 Ratings
Annual carry-forward and encashment00 Ratings8.759 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
94 Ratings
1% above category average
View and generate pay and benefit information00 Ratings8.883 Ratings
Update personal information00 Ratings8.692 Ratings
View company policy documentation00 Ratings7.673 Ratings
Employee recognition00 Ratings7.957 Ratings
View job history00 Ratings8.883 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.2
25 Ratings
3% above category average
Tracking of all physical assets00 Ratings8.225 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
78 Ratings
9% above category average
Report builder00 Ratings8.874 Ratings
Pre-built reports00 Ratings8.576 Ratings
Ability to combine HR data with external data00 Ratings7.864 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.5
56 Ratings
6% above category average
New hire portal00 Ratings8.452 Ratings
Manager tracking tools00 Ratings8.752 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.4
60 Ratings
4% above category average
Corporate goal setting00 Ratings8.650 Ratings
Individual goal setting00 Ratings8.659 Ratings
Line-of sight-visibility00 Ratings7.851 Ratings
Performance tracking00 Ratings8.558 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.8
63 Ratings
11% above category average
Performance plans00 Ratings8.962 Ratings
Performance improvement plans00 Ratings8.754 Ratings
Review status tracking00 Ratings8.758 Ratings
Review reminders00 Ratings9.058 Ratings
Multiple review frequency00 Ratings8.751 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
7.8
40 Ratings
0% above category average
Create succession plans/pools00 Ratings9.234 Ratings
Candidate ranking00 Ratings7.435 Ratings
Candidate search00 Ratings7.838 Ratings
Candidate development00 Ratings6.837 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
48 Ratings
8% above category average
Job Requisition Management00 Ratings8.145 Ratings
Company Website Posting00 Ratings8.439 Ratings
Publish to Social Media00 Ratings8.634 Ratings
Job Search Site Posting00 Ratings8.540 Ratings
Duplicate Candidate Prevention00 Ratings7.739 Ratings
Applicant Tracking00 Ratings8.140 Ratings
Notifications and Alerts00 Ratings8.444 Ratings
Best Alternatives
AnaplanWorkday Human Capital Management
Small Businesses

No answers on this topic

Dayforce Powerpay
Dayforce Powerpay
Score 9.5 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
OneStream
OneStream
Score 8.9 out of 10
PeopleStrong
PeopleStrong
Score 9.9 out of 10
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User Ratings
AnaplanWorkday Human Capital Management
Likelihood to Recommend
8.7
(341 ratings)
8.7
(130 ratings)
Likelihood to Renew
10.0
(36 ratings)
9.0
(18 ratings)
Usability
8.9
(72 ratings)
7.6
(15 ratings)
Availability
8.9
(7 ratings)
6.6
(8 ratings)
Performance
9.1
(7 ratings)
7.3
(7 ratings)
Support Rating
4.3
(27 ratings)
8.0
(27 ratings)
In-Person Training
9.1
(6 ratings)
9.6
(6 ratings)
Online Training
7.7
(6 ratings)
7.0
(7 ratings)
Implementation Rating
9.0
(26 ratings)
8.0
(11 ratings)
Configurability
9.1
(5 ratings)
7.5
(2 ratings)
Ease of integration
9.1
(3 ratings)
8.2
(1 ratings)
Product Scalability
9.2
(7 ratings)
7.3
(1 ratings)
Professional Services
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.9
(4 ratings)
7.0
(1 ratings)
Vendor pre-sale
8.6
(4 ratings)
5.0
(1 ratings)
User Testimonials
AnaplanWorkday Human Capital Management
Likelihood to Recommend
Anaplan
Anaplan is best suited for strategic planning initiatives in industries like CPG, Manufacturing, FS, Pharma. It can handle multiple use cases for each function in the company like Supply chain, Finance, Sales and more. It is one of the best tools I have seen in scenario modelling. It is not suitable for very detailed level planning, essentially execution level eg. Production scheduling.
Read full review
Workday
I would say it's well suited in every environment because I think it does so much. It's like the holy grail of HRIS systems is what I like to call it because thinking about all parts of the employee lifecycle, it lives here in Workday Human Capital Management. So I love the fact that you can do the people data analytics, you can store employee records, the talent acquisition pieces there. I'm thinking I can't think of anything negative right now except for the fact that I can't drill down into the data for the people analytics side. Other than that, I think it's literally, yeah, the holy grail of HRIS systems, I love it and I would highly recommend it.
Read full review
Pros
Anaplan
  • Anaplan removes the time consuming process of integrating the results of individual spreadsheets.
  • Anaplan facilitates the standardization of assumptions across all sub-processes
  • Anaplan provides full transparency of the calculations and source inputs
  • Anaplan allows us to automate certain planning processes that would have been impossible when relying on the computational capabilities of an individual computer.
Read full review
Workday
  • Groups employees in management hierarchies and creates Org Charts that are easy to navigate and allow for visualizing management chains regardless of employee locations
  • Intuitive and easy to use. The Workday search functionality works very much like Google; one can search for anything that they have access to in the database and drill down into the various details. All information is connected through hyperlinks and users can easily keep digging into the details for as far as their security access would take them.
  • Tasks such as to do, review or approve items are sent to the user's Workday Inbox, very much resembling email. Notifications about outstanding "to do" items are also sent to each the user's work email address on a daily basis.
Read full review
Cons
Anaplan
  • Some end users don't spend the required amount of time to familiar themselves with Anaplan.
  • Auditability, while good in theory, can be lacking and clunky when needed.
  • Model building can become convoluted over time, leading to confusion over the specific use of line items.
Read full review
Workday
  • Should have more option in time sheet like choose project code or something.
  • On The pay page, it should have options to view past salaries; it may be there already but not in the version that I use.
  • The employee information page does not have a back button to navigate to the previous page.
Read full review
Likelihood to Renew
Anaplan
Anaplan is a very strong multi-dimensional modeling tool that provides a calculation engine to empower a complex planning process. It is fairly easy to learn for those with experience in similar tools, or excel. It forces structure and auditability that spread sheets do not have, along with extensive security capabilities
Read full review
Workday
It is work to make one system the source of truth for our data, but now that it is done, there is less work involved in staying on this path. This means for us that maintaining and/or implementing new modules like performance, finance, talent, etc. is simple. It's a no-brainer
Read full review
Usability
Anaplan
Anaplan is interesting because it is at the same time easy to use and difficult to use. An end user can navigate a well-constructed app, being pointed in the right direction every time they feel a slight bit of confusion, and find everything they need in what feels like a straight line. Similarly, a model builder (developer of sorts) can have the exact same experience, but the journey is longer and more complicated. End users have great experiences with Anaplan, but sometimes model builders have a frustrating one. That is not to say model building is hard (because it truly is not), but things change, and when things change in complex systems, the effort required simply to investigate where a model builder needs to make an adjustment may frustrate them but also frustrate their non-technical bosses. However, the reality is that with complicated businesses, complicated business problems, come complicated solutions. It is actually a testament to Anaplan's capabilities that it has taken on the biggest problems at the biggest companies. It may be daunting to adjust it in those environments, but at least you know it did meet the needs there, which is more than most tools can say.
Read full review
Workday
Workday's on a great path in terms of user experience. Their goals is to deliver a use experience that doesn't require training or instruction, like Amazon on the consumer side for example. That's hard to do when you're talking about complex business processes and important and sensitive employee information, but they're doing it well
Read full review
Reliability and Availability
Anaplan
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
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Workday
In 2014, Workday has changed the update process. There will be two updates a year; the updates will be delivered to customers typically in a 24 hour window during these two weekends a year. They also keep the Community up-to-date about any planned outages, etc. There is weekly scheduled downtime on Friday night.
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Performance
Anaplan
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.
Read full review
Workday
From my perspective, the system runs like a well oiled machine and I have not had any issues with customers complaining about speed. If a report is taking long to run, the report can run in the background and you can go about your business. For larger enterprises, there is additional space and machines to process the application in what Workday refers to it as Extended Configuration Tenant
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Support Rating
Anaplan
Support quality has dropped since Thoma Bravo has taken over. I think some serious re-focus needs to happen here -- part of the beauty of being in the Anaplan community was how involved you felt in it before. Before I didn't dread sending a support ticket, now I am starting to.
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Workday
Workday is still learning about the needs of higher education. I have seen rapid improvement in support and knowledge over the last year so am confident this will continue to improve. Overall however, I have found the Support Team to be extremely responsive and Workday offers the advantage of having support across several timezones so that we never wait more than a few hours for a response.
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In-Person Training
Anaplan
In my opinion, in-person training is always the best if you have the option to do so. This allows real-time interactions with the instructions, whereas the online training I took required me to write-down questions, email them, and wait for responses. This slows down the process, as you can imagine. That said, in-person training is an extra cost and it likely isn't needed for everyone. I would suggest selecting a small number of people to take in-person training and then having them act as mentors to the rest of your team. That way, as the rest of the team takes the online training, they have a resource to help them in real time.
Read full review
Workday
Some training is offered online. Cost is per-person. This also gets quite expensive. Training doesn’t follow a logical path A to B. Starts in middle. When you try to do it afterwards at your desk, difficult.
• Training scenarios are not very real
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Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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Workday
I have done for report writing and mass imports (EIBs). They give materials and you run through examples, i.e. you don’t just watch them do tasks, so that is helpful. Training is expensive – a single reporting writing class is $600 per person for virtual training
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Implementation Rating
Anaplan
One key insight from implementing Anaplan is that success comes from focusing on designing the process, not just building the model. Anaplan is extremely flexible—there are very few planning scenarios it cannot support—but that flexibility means the project needs strong governance, clear ownership of requirements, and a well-defined data model. When those foundations are in place, implementations are fast, iterations are easy, and users can quickly see value.
In our projects, both Financial Planning and Integrated Business Planning models were adopted smoothly because we involved business users early, kept the model design intuitive, and leveraged Anaplan’s Excel-like syntax and user-friendly dashboards. The result was more efficient day-to-day work, reduced manual tasks, and increased collaboration across teams. In short: when you combine Anaplan’s flexibility with a structured implementation approach, adoption and value realization happen quickly.
Read full review
Workday
It was implemented before my joining the company. At my last company, we used Workday professional services.

Based upon my experience at my last company, I would rate the implementation experience an 8/10. There are different ways to set things up and we had different people telling us different things. It set us back a couple of times.

Regarding configuration advice, we could set things up where every manager has supervisory organizations, or have it financially based i.e. aligned to cost center/department. We chose the individual manager path and I think we should have chosen a department route. Going down the individual manager path, to maintain the information, we have to inactivate a supervisory org whenever a manager changes/leaves.
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Alternatives Considered
Anaplan
Anaplan is more powerful than Pigment considering that it is an Enterprise class system and is able to manage bigger data sets. Anaplan allows for advanced scenario modeling and formula capabilities along with custom reporting functionalities. Anaplan has proven its capabilities and stability across various use cases and across bigger enterprises when compared to Pigment which is still in earlier phases of its development
Read full review
Workday
Workday is an incomplete product, by this I mean it must work alongside other products and does not work by itself. Trying to make several different products work smoothly together becomes very challenging. As compared to ADP products, when purchased all together work very well all together. Also, ADP has extensive Training programs and extensive Customer Support. So ADP's products are far superior to Workday's products in my opinion.
Read full review
Scalability
Anaplan
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
Read full review
Workday
Workday has released Financials and is continuing to develop it's Human Capital Management footprint with the addition of Workday Recruiting. I think customers will find that is easy to add on additional functionality in the system. Workday does make it easy for customers to make changes without relying on IT resources. The Business Process framework is a visual tool that allows functional resources to make changes and see the flow of the transaction
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Return on Investment
Anaplan
  • Anaplan's implementation led to a significant reduction in planning cycle errors and bugs, streamlining processes and improving overall accuracy in data inputs
  • Standardizing the planning process and enabling cross-functional collaboration through Anaplan enhanced our ability to adapt swiftly to changing business needs, resulting in improved agility in decision-making
  • The platform's capabilities, especially in Demand Planning and Supply Chain, positively impacted our ROI by optimizing resource allocation and solving complex business problems efficiently across multiple functions
Read full review
Workday
  • Positive ROI, we were one of the first organizations that went with Workday HCM, and we received numerous discounts. Cloud systems are the way to go and we feel the system is stable for our growing work force.
  • The user conferences have been helpful to network and learn more deepness in the modules and functionality.
  • Right off the bat, our implementation costs were lower than budgeted and we had less 'billing' surprises.
Read full review
ScreenShots

Anaplan Screenshots

Screenshot of a preview of the Anaplan login page.Screenshot of a preview of an Anaplan home page.Screenshot of a preview of an Anaplan board.

Workday HCM Screenshots

Screenshot of Workday Human Capital Management HomepageScreenshot of Workday Human Capital Management Manager Insights HubScreenshot of Workday Human Capital Management HR Partners HubScreenshot of Workday Human Capital Management Expense AnalysisScreenshot of Workday Human Capital Management Skills DashboardScreenshot of Workday Human Capital Management HR Operations and Compliance Dashboard