Anaplan vs. Workday Human Capital Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.6 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 8.4 out of 10
N/A
Workday Human Capital Management is built as a cloud-based system with global consistency in user experience. Workday HCM is part of a broader system with other Workday products.
$100
per year per user
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
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

Top Pros
Top Cons
Features
AnaplanWorkday Human Capital Management
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.6
216 Ratings
0% above category average
Workday Human Capital Management
-
Ratings
Pixel Perfect reports6.47 Ratings00 Ratings
Customizable dashboards8.4216 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
8.5
223 Ratings
4% above category average
Workday Human Capital Management
-
Ratings
Publish to Web8.67 Ratings00 Ratings
Publish to PDF8.4221 Ratings00 Ratings
Report Versioning9.2193 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
8% above category average
Workday Human Capital Management
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.17 Ratings00 Ratings
Location Analytics / Geographic Visualization9.07 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
9.3
226 Ratings
7% above category average
Workday Human Capital Management
-
Ratings
Multi-User Support (named login)9.18 Ratings00 Ratings
Role-Based Security Model9.7226 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.18 Ratings00 Ratings
Report-Level Access Control9.675 Ratings00 Ratings
Single Sign-On (SSO)9.18 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.6
215 Ratings
2% below category average
Workday Human Capital Management
-
Ratings
Responsive Design for Web Access8.3206 Ratings00 Ratings
Mobile Application7.6192 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.9200 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.0
324 Ratings
10% above category average
Workday Human Capital Management
-
Ratings
Long-term financial planning9.3299 Ratings00 Ratings
Financial budgeting9.4303 Ratings00 Ratings
Forecasting9.3312 Ratings00 Ratings
Scenario modeling9.2314 Ratings00 Ratings
Management reporting7.9313 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.8
277 Ratings
1% below category average
Workday Human Capital Management
-
Ratings
Financial data consolidation8.3257 Ratings00 Ratings
Journal entries and reports7.6213 Ratings00 Ratings
Multi-currency management7.312 Ratings00 Ratings
Intercompany Eliminations7.39 Ratings00 Ratings
Minority Ownership7.38 Ratings00 Ratings
Local and consolidated reporting8.2246 Ratings00 Ratings
Detailed Audit Trails8.6258 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.0
295 Ratings
1% above category average
Workday Human Capital Management
-
Ratings
Financial Statement Reporting8.9273 Ratings00 Ratings
Management Reporting8.1286 Ratings00 Ratings
Excel-based Reporting7.8264 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
9.1
315 Ratings
12% above category average
Workday Human Capital Management
-
Ratings
Personalized dashboards8.6309 Ratings00 Ratings
Color-coded scorecards9.2293 Ratings00 Ratings
KPIs9.120 Ratings00 Ratings
Cost and profitability analysis9.3272 Ratings00 Ratings
Key Performance Indicator setting9.4283 Ratings00 Ratings
Benchmarking with external data9.114 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.5
321 Ratings
3% above category average
Workday Human Capital Management
-
Ratings
Flat file integration9.3311 Ratings00 Ratings
Excel data integration8.2288 Ratings00 Ratings
Direct links to 3rd-party data sources8.0271 Ratings00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
96 Ratings
6% above category average
Employee demographic data00 Ratings8.381 Ratings
Employment history00 Ratings8.391 Ratings
Job profiles and administration00 Ratings8.193 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings8.988 Ratings
Organizational charting00 Ratings9.187 Ratings
Organization and location management00 Ratings8.684 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
8.6
80 Ratings
7% above category average
Pay calculation00 Ratings8.268 Ratings
Support for external payroll vendors00 Ratings8.356 Ratings
Off-cycle/On-Demand payment00 Ratings9.718 Ratings
Benefit plan administration00 Ratings8.063 Ratings
Direct deposit files00 Ratings8.369 Ratings
Salary revision and increment management00 Ratings8.866 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
8.4
74 Ratings
4% above category average
Approval workflow00 Ratings8.573 Ratings
Balance details00 Ratings8.473 Ratings
Annual carry-forward and encashment00 Ratings8.359 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
3% above category average
View and generate pay and benefit information00 Ratings8.883 Ratings
Update personal information00 Ratings8.692 Ratings
View company policy documentation00 Ratings7.573 Ratings
Employee recognition00 Ratings7.857 Ratings
View job history00 Ratings8.783 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.0
25 Ratings
1% above category average
Tracking of all physical assets00 Ratings8.025 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.2
78 Ratings
9% above category average
Report builder00 Ratings8.674 Ratings
Pre-built reports00 Ratings8.376 Ratings
Ability to combine HR data with external data00 Ratings7.664 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.4
56 Ratings
5% above category average
New hire portal00 Ratings8.352 Ratings
Manager tracking tools00 Ratings8.552 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
60 Ratings
4% above category average
Corporate goal setting00 Ratings8.550 Ratings
Individual goal setting00 Ratings8.559 Ratings
Line-of sight-visibility00 Ratings7.651 Ratings
Performance tracking00 Ratings8.458 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.7
63 Ratings
10% above category average
Performance plans00 Ratings8.762 Ratings
Performance improvement plans00 Ratings8.554 Ratings
Review status tracking00 Ratings8.558 Ratings
Review reminders00 Ratings8.958 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
7.6
40 Ratings
3% below category average
Create succession plans/pools00 Ratings9.034 Ratings
Candidate ranking00 Ratings7.235 Ratings
Candidate search00 Ratings7.738 Ratings
Candidate development00 Ratings6.737 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Anaplan
-
Ratings
Workday Human Capital Management
8.3
48 Ratings
7% 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 Ratings8.640 Ratings
Duplicate Candidate Prevention00 Ratings7.539 Ratings
Applicant Tracking00 Ratings8.040 Ratings
Notifications and Alerts00 Ratings8.544 Ratings
Best Alternatives
AnaplanWorkday Human Capital Management
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 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
Prophix
Prophix
Score 8.8 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanWorkday Human Capital Management
Likelihood to Recommend
9.0
(338 ratings)
9.0
(108 ratings)
Likelihood to Renew
9.9
(35 ratings)
9.0
(18 ratings)
Usability
8.9
(65 ratings)
7.0
(13 ratings)
Availability
8.7
(7 ratings)
6.6
(8 ratings)
Performance
9.1
(7 ratings)
7.3
(7 ratings)
Support Rating
5.0
(27 ratings)
8.0
(22 ratings)
In-Person Training
9.0
(6 ratings)
9.6
(6 ratings)
Online Training
7.9
(6 ratings)
7.0
(7 ratings)
Implementation Rating
9.0
(27 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
9.4
(7 ratings)
7.3
(1 ratings)
Professional Services
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.4
(4 ratings)
7.0
(1 ratings)
Vendor pre-sale
7.4
(4 ratings)
5.0
(1 ratings)
User Testimonials
AnaplanWorkday Human Capital Management
Likelihood to Recommend
Anaplan
Anaplan is a great tool for complex modeling of the future. When you are planning your actions for the future, have multiple, disparate datasets to interact with, have dozens if not hundreds of stakeholders who must contribute and need to be guided via a streamlined workflow engine, require complex logic that can grow with your org, require real-time reporting, and you need it all in less than 6 months.
Read full review
Workday
Workday human capital management is well suited for organizations to manage their employee records. It is also well suited for managing the employee's salary details, also the details of past salary changes, promotions, etc. It has options to keep track of employees' goals for the year, where they can keep track of their progress, and also managers can view the progress or share feedback. This is very helpful for tracking career progress and providing feedback. Other options, like training assigned to employees, can also be seen in Workday; users will get alerts by email for any new assignments or due assignments, etc.
Read full review
Pros
Anaplan
  • Anaplan can scale as your business grows, for example adding new regions into to your geographical hierarchy.
  • Anaplan is flexible and can do anything you want it to, there are no tables pre-configured that you need to fix your business process into.
  • Reading formulas in Anaplan is straight forward with a quick learning curve.
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
  • Ability to decide if to apply the formula or a manual input on front end for each line item
  • Real Time Data Transfer across models. Currently Data is transferred using Processes across different models. Having a functionality to access data from any model in real time would be great
Read full review
Workday
  • The web interface is awful
  • Terrible, terrible, UI. No modern features like auto-save. I can't count the times I have lost work.
  • Their UX team (if it even exists) must be aliens, because I can't see how humans would have come up with the UI conventions they have.
  • Who creates a website application where you can't open stuff in multiple browser windows and tabs easily?
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's usability is very good. Users can customize reports and make adjustments with very little training. They can quickly plan and collaborate very easily. Making large adjustments or creating complex functionality may require more experience or training but a lot of tasks can be completed by users with very little experience
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
Read full review
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.
Read full review
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
Read full review
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.
Read full review
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.
Read full review
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
Read full review
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
Read full review
Implementation Rating
Anaplan
The platform allows a flexible implementation mechanic to be put in place, since the possibilities and functionalities are vast and there are very few things the tool cannot do well. The solutions for the financial planning and the integrated business planning we put in place were easily adopted by the end users and their day-to-day work was made easier.
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
Compared to OneStream and Venna Anaplan offers a more modern look and feel of the platform. It is better situated and maintained in regards of platform updates as it's a full SaaS software there are never any issues with the system version as it's always automatically up to date with no backward compatibility issues. Due to the flexible nature of the modelling engine, it is also better suited to perform larger multi-department use cases, like IBP (Integrated Business Planning)
Read full review
Workday
Unfortunately, I do not recall the brands of the other human capital management software programs or tools I used at my current company or workplaces prior. I do think that is a testament to Workday with its strong branding and compelling features. I was not part of the selection process of Workday but have enjoyed my experience.
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
Read full review
Return on Investment
Anaplan
  • We've typically seen an average of 40% removal of time from processes using Anaplan an enabler
  • Though difficult to quantify, we consistently find our processes less error prone than in the past. Essentially, we've removed a previously "hidden cost" of risk due to poor data quality that was buried in our processes.
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 Platform: The Anaplan platform is a unified cloud-based solution that connects people, data and plans to enable complex scenario modeling.Screenshot of OpEx Planning. This is where users review revenue-target-setting goals by brand, season, and capacity all on a visual dashboard.Screenshot of Supply Planning. This visualization breaks down costs across assembly production to project profitability and align an organization's supply chain to market opportunities.Screenshot of Territory and Quota Planning. This dashboard is used to track of sales goals and quotas across territories and industries to optimize sales performance.Screenshot of Headcount Planning. Here, users can align workforce plans with strategic plans, and see where the best qualified talent resides to fit an organization’s staffing needs.Screenshot of Marketing. This interface drives efficiency across planning, and is used to budget against planned activity.