Canvas vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Canvas
Score 8.3 out of 10
N/A
Instructure is an educational software company based in Sandy, Utah. It is the developer of the Canvas learning management system, which is a comprehensive software package that competes with such systems as Blackboard Learning System, SumTotal and Saba.N/A
Workday Adaptive Planning
Score 7.7 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
CanvasWorkday Adaptive Planning
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CanvasWorkday Adaptive Planning
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsMust contact vendor for pricing information.
More Pricing Information
Community Pulse
CanvasWorkday Adaptive Planning
Features
CanvasWorkday Adaptive Planning
Learning Management
Comparison of Learning Management features of Product A and Product B
Canvas
9.4
41 Ratings
14% above category average
Workday Adaptive Planning
-
Ratings
Course authoring9.741 Ratings00 Ratings
Course catalog or library9.238 Ratings00 Ratings
Player/Portal9.532 Ratings00 Ratings
Learning content9.534 Ratings00 Ratings
Mobile friendly9.740 Ratings00 Ratings
Progress tracking & certifications9.537 Ratings00 Ratings
Assignments9.741 Ratings00 Ratings
Compliance management9.232 Ratings00 Ratings
Learning administration9.536 Ratings00 Ratings
Learning reporting & analytics9.538 Ratings00 Ratings
Social learning9.533 Ratings00 Ratings
Gamification8.42 Ratings00 Ratings
Single Sign On (SSO) Enabled Learning9.22 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
9.3
1 Ratings
21% above category average
Pixel Perfect reports00 Ratings9.01 Ratings
Customizable dashboards00 Ratings10.01 Ratings
Report Formatting Templates00 Ratings9.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
1% below category average
Drill-down analysis00 Ratings9.01 Ratings
Formatting capabilities00 Ratings7.01 Ratings
Integration with R or other statistical packages00 Ratings8.01 Ratings
Report sharing and collaboration00 Ratings8.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
2% below category average
Publish to PDF00 Ratings8.01 Ratings
Report Versioning00 Ratings8.01 Ratings
Report Delivery Scheduling00 Ratings8.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
7.7
1 Ratings
0% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.01 Ratings
Location Analytics / Geographic Visualization00 Ratings8.01 Ratings
Predictive Analytics00 Ratings8.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
9.0
1 Ratings
5% above category average
Multi-User Support (named login)00 Ratings9.01 Ratings
Role-Based Security Model00 Ratings9.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.01 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.5
1 Ratings
9% above category average
Responsive Design for Web Access00 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
Canvas
-
Ratings
Workday Adaptive Planning
8.8
189 Ratings
7% above category average
Long-term financial planning00 Ratings8.8175 Ratings
Financial budgeting00 Ratings9.4186 Ratings
Forecasting00 Ratings8.7181 Ratings
Scenario modeling00 Ratings8.2171 Ratings
Management reporting00 Ratings9.2186 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
6.9
154 Ratings
13% below category average
Financial data consolidation00 Ratings6.2116 Ratings
Journal entries and reports00 Ratings7.177 Ratings
Multi-currency management00 Ratings6.388 Ratings
Intercompany Eliminations00 Ratings6.169 Ratings
Minority Ownership00 Ratings5.340 Ratings
Local and consolidated reporting00 Ratings9.3102 Ratings
Detailed Audit Trails00 Ratings8.0129 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.1
177 Ratings
1% above category average
Financial Statement Reporting00 Ratings8.3156 Ratings
Management Reporting00 Ratings8.8172 Ratings
Excel-based Reporting00 Ratings8.2171 Ratings
Automated board and financial reporting00 Ratings8.9148 Ratings
XBRL support for regulatory filing00 Ratings6.029 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.2
146 Ratings
2% above category average
Personalized dashboards00 Ratings8.0128 Ratings
Color-coded scorecards00 Ratings8.7107 Ratings
KPIs00 Ratings8.6119 Ratings
Cost and profitability analysis00 Ratings7.8121 Ratings
Key Performance Indicator setting00 Ratings8.7103 Ratings
Benchmarking with external data00 Ratings7.571 Ratings
Integration
Comparison of Integration features of Product A and Product B
Canvas
-
Ratings
Workday Adaptive Planning
8.6
167 Ratings
4% above category average
Flat file integration00 Ratings8.8130 Ratings
Excel data integration00 Ratings8.6160 Ratings
Direct links to 3rd-party data sources00 Ratings8.4120 Ratings
Best Alternatives
CanvasWorkday Adaptive Planning
Small Businesses
iSpring Learn
iSpring Learn
Score 9.5 out of 10

No answers on this topic

Medium-sized Companies
Schoology Learning
Schoology Learning
Score 9.7 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
Schoology Learning
Schoology Learning
Score 9.7 out of 10
Prophix
Prophix
Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CanvasWorkday Adaptive Planning
Likelihood to Recommend
8.9
(83 ratings)
8.6
(218 ratings)
Likelihood to Renew
9.3
(5 ratings)
7.6
(43 ratings)
Usability
10.0
(9 ratings)
8.5
(124 ratings)
Availability
-
(0 ratings)
7.3
(11 ratings)
Performance
-
(0 ratings)
9.1
(5 ratings)
Support Rating
9.0
(11 ratings)
8.2
(33 ratings)
In-Person Training
10.0
(1 ratings)
8.2
(2 ratings)
Online Training
8.0
(1 ratings)
7.3
(9 ratings)
Implementation Rating
8.5
(2 ratings)
8.8
(27 ratings)
Configurability
-
(0 ratings)
8.2
(5 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.3
(1 ratings)
Ease of integration
-
(0 ratings)
7.4
(8 ratings)
Product Scalability
8.0
(1 ratings)
8.3
(12 ratings)
Professional Services
-
(0 ratings)
8.2
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.2
(4 ratings)
Vendor pre-sale
-
(0 ratings)
6.4
(4 ratings)
User Testimonials
CanvasWorkday Adaptive Planning
Likelihood to Recommend
Instructure
It is really well suited for school situations like knowing what [assignments] need to be done when, getting feedback, getting points, finding the slides that the teacher used for explaining an [assignment] or theory. I think It would be less suited in business situations because it's [primarily] made to be a [one-way] communication tool for schools. Businesses need more control on individual levels I think[.]
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Workday
In a previous company, I was hired based on my experience with Workday Adaptive Planning. After being hired and reviewing the company, I quickly determined they were not large of enough of a company to need the program. Instead, we made better Excel budget templates, utilized OneDrive and created a better experience without the cost. Left the job after 9 months because I worked my way out of the position. My next role I looked for bigger companies and had better success with implementation.
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Pros
Instructure
  • Creativity options for teachers to create a virtual space that still has fun graphics and accessibility options.
  • Canvas has versatility in viewing options for assignment due dates such as the calendar built in feature as well as the dashboard options to display upcoming and due assignments.
  • Allowing teachers to create community with each other and collaborate in each-other's space.
  • Discussion platforms within classrooms for students to communicate with each-other and with their teachers.
  • Easy messaging portal within each virtual classroom.
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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
Instructure
  • Their integration with Big Blue Button was a bust for distance learning. Would be great to see them collaborate with Zoom or Google Meets.
  • Their "feature request" process is slow and cumbersome at times because it relies on user "up votes" to get ideas addressed by the developers.
  • They seem to have a lot of turn-over with their staff. We get a new Customer Success Manager far more frequently than with other vendors.
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Workday
  • Web reports and sheets are not great for in-depth reporting, and require the use of the OfficeConnect for Excel plugin and, therefore, the use of Excel for extensive reporting capabilities.
  • It has limited formula functionality in some instances, requiring again the use of OfficeConnect for Excel for extensive calculations.
  • I would like to see new planning sheet types or upgrades to existing sheet types; functionality has been the same for over 10 years.
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Likelihood to Renew
Instructure
The other LMS tools have fallen behind. One reason is they are not able to update their systems, features, toolsets in a timely manner. While other LMS providers release bug fixes and new features several times a year, schools struggle to install and implement them in a timely manner. It is not uncommon for a school to take 6 months to a year to fully install and implement new releases on other LMS platforms. With Canvas, those features are released every 3 weeks, and there is nothing for a school to do other than choose to turn them on once released. This has allowed Instructure to innovate faster, and get new features and tools to customers quicker. Other factors include great pricing, customer support, and the innovative way in which LTI is implemented in the tool.
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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.
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Usability
Instructure
The functions in Canvas are well integrated and consistent across the application, and mostly intuitive. Overall navigation and setup is streamlined through integrated features and navigation. The feedback we've gotten from our program participants is that it is easy to learn to use. It also integrates well with third party software like Google Docs and Blackboard Collaborate web conferencing software
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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.
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Reliability and Availability
Instructure
No answers on this topic
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.
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Performance
Instructure
No answers on this topic
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.
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Support Rating
Instructure
I do not personally use Canvas support since we have a central office that helps us. However, our central office always has the answers we need and are always able to solve our issues - so I would assume that get great support from the Canvas team on their end. They also offer great training, which uses materials directly from Canvas
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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
Instructure
The training sessions were broken down into several days as well as different levels depending upon the knowledge of the user
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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
Instructure
The online tutorials and videos are very clear and addressed the issues/questions that I had about using the system.
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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.
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Implementation Rating
Instructure
Once you purchase and sign the contract there is nothing to install or hardware to buy. You can almost immediately start using it and have courses up and going within weeks. We signed in December and had pilot courses online ready to go for the start of school in January
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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
Instructure
Canvas is more secure, has a cleaner design, and has more features. For the features, they have in common canvas still stacks up against [Smart school] by going for the extra mile. Besidfor e that, [the] canvas looks a lot more [professional] than [Smart school]. I didn't make the decision myself to get canvas instead of [Smart school] but I'm happy they did.
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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
Instructure
No answers on this topic
Workday
Good read only seat access
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Scalability
Instructure
No answers on this topic
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
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Professional Services
Instructure
No answers on this topic
Workday
This is now available in house at Workday which is convenient.
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Return on Investment
Instructure
  • Canvas has helped us provide a more robust online component to our courses.
  • Canvas has helped us better adapt to a rapidly changing educational landscape.
  • Canvas has reduced the time that we have to spend training faculty on how to use our learning management system.
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Workday
  • It's facilitated a better financial literacy and management by the non-financial managers in the company, giving them a much better ability to see what they're spending, control it, and plan better in the future.
  • It's hard to quantify the ease of model and version management, but we could never do what we're doing now with our current staff. It would take a small army to replicate anything close to what Adaptive pulls off using Excel, if it's even possible.
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ScreenShots

Workday Adaptive Planning Screenshots

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