TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Coupa

    Score7.3 out of 10
    N/ACoupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.

    $549

    per year

    Workday Adaptive Planning

    Score7.8 out of 10
    Mid-Size Companies (51-1,000 employees)
    Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.N/A
    Pricing
    CoupaWorkday Adaptive Planning
    Editions & Modules
    Premium Support
    $499+
    per year
    Verified
    $549
    per year
    Advanced
    $4800
    per year
    Registered
    Free
    No answers on this topic
    Offerings
    Pricing Offerings
    CoupaWorkday Adaptive Planning
    Free Trial
    NoYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    CoupaWorkday Adaptive Planning
    Considered Both Products
    Coupa Software
    Chose Coupa
    Coupa fits within our desire to have best of breed systems delivering value to our organization. We generally work with true cloud providers that are available anytime, anywhere for our mobile workforce. We are pleased that Coupa is in our lineup of service solutions.
    Incentivized
    Workday
    Chose Workday Adaptive Planning
    The main thing that sets [Workday] Adaptive [Planning] apart is the fact that it is a cloud based software, user friendly, and allows you to add to or change the model relatively easily. Hyperion is a good tool also but there is more flexibility with [Workday] Adaptive …
    Incentivized
    Chose Workday Adaptive Planning
    Workday is the only software system (outside of Excel) that has been used by Vera to do our planning and analysis. We have just opted to move to Workday Adaptive Planning for our accounting system, payroll, and supply chain with the hopes that it will make our planning that …
    Incentivized
    Chose Workday Adaptive Planning
    All of the systems have their own unique strengths and weaknesses. Workday Adaptive Planning as a system is further along in overall functionality and is a more user-friendly system compared to other EPM systems on the market.
    Incentivized
    Chose Workday Adaptive Planning
    Workday is much more formal and truly feels like a useful portal for you to get information. In term of getting information, working on HR related matters, I have not found any other software that is as useful as Workday. This will absolutely reduce your cost of operating …
    Incentivized
    Chose Workday Adaptive Planning
    We use Domo instead of using the Adaptive Dashboards.
    Incentivized
    Chose Workday Adaptive Planning
    I am not as well informed on the competition to Adaptive; however, many financial experts that I have talked to within the industry rave about the software. A few team members of mine recently left to work for different companies and have complained to us that the software at …
    Incentivized
    Chose Workday Adaptive Planning
    I like how easy Essbase is to pull reports - but I think that OfficeConnect fills that gap. When looking at Hyperion vs Adaptive, I think that Adaptive's input is much easier to navigate. I like Adaptive much more. Because input is so much easier, it helps me be in the system …
    Incentivized
    Chose Workday Adaptive Planning
    I haven't evaluated any other tools at this point as Adaptive was already in place at my company when I started this job.
    Incentivized
    Key User Insights
    Would buy again
    75%
    Would buy again
    6 Answers
    89%
    Would buy again
    55 Answers
    Delivers good value for the price
    83%
    Delivers good value for the price
    5 Answers
    97%
    Delivers good value for the price
    56 Answers
    Happy with the feature set
    75%
    Happy with the feature set
    6 Answers
    92%
    Happy with the feature set
    57 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    88%
    Lived up to sales and marketing promises
    38 Answers
    Implementation went as expected
    No answers on this topic
    90%
    Implementation went as expected
    47 Answers
    Features
    CoupaWorkday Adaptive Planning
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    8.1
    4 Ratings
    7% above category average
    Pixel Perfect reports00 Ratings9.01 Ratings
    Customizable dashboards00 Ratings7.34 Ratings
    Report Formatting Templates00 Ratings8.04 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    8.1
    4 Ratings
    5% above category average
    Drill-down analysis00 Ratings8.34 Ratings
    Formatting capabilities00 Ratings7.74 Ratings
    Integration with R or other statistical packages00 Ratings8.01 Ratings
    Report sharing and collaboration00 Ratings8.34 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    1% above 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 Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.7
    1 Ratings
    5% 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 Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    8.5
    4 Ratings
    1% above category average
    Multi-User Support (named login)00 Ratings7.74 Ratings
    Role-Based Security Model00 Ratings8.74 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.34 Ratings
    Report-Level Access Control00 Ratings9.03 Ratings
    Single Sign-On (SSO)00 Ratings9.03 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.5
    5 Ratings
    3% above category average
    Responsive Design for Web Access00 Ratings7.05 Ratings
    Mobile Application00 Ratings7.03 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings8.03 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.8
    196 Ratings
    3% below category average
    Long-term financial planning00 Ratings7.8182 Ratings
    Financial budgeting00 Ratings8.6193 Ratings
    Forecasting00 Ratings8.0188 Ratings
    Scenario modeling00 Ratings7.0177 Ratings
    Management reporting00 Ratings7.7193 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.5
    161 Ratings
    4% below category average
    Financial data consolidation00 Ratings8.0121 Ratings
    Journal entries and reports00 Ratings7.782 Ratings
    Multi-currency management00 Ratings7.995 Ratings
    Intercompany Eliminations00 Ratings7.273 Ratings
    Minority Ownership00 Ratings7.843 Ratings
    Local and consolidated reporting00 Ratings6.6108 Ratings
    Detailed Audit Trails00 Ratings7.6134 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    8.1
    184 Ratings
    0% below category average
    Financial Statement Reporting00 Ratings8.3162 Ratings
    Management Reporting00 Ratings8.8177 Ratings
    Excel-based Reporting00 Ratings7.4177 Ratings
    Automated board and financial reporting00 Ratings8.1154 Ratings
    XBRL support for regulatory filing00 Ratings7.733 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.6
    153 Ratings
    1% above category average
    Personalized dashboards00 Ratings8.0135 Ratings
    Color-coded scorecards00 Ratings7.7112 Ratings
    KPIs00 Ratings7.1126 Ratings
    Cost and profitability analysis00 Ratings6.8127 Ratings
    Key Performance Indicator setting00 Ratings8.1109 Ratings
    Benchmarking with external data00 Ratings8.076 Ratings
    Integration
    Comparison of Integration features of Coupa and Workday Adaptive Planning
    Feature
    Coupa
    -
    Ratings
    Workday Adaptive Planning
    7.1
    174 Ratings
    13% below category average
    Flat file integration00 Ratings6.8137 Ratings
    Excel data integration00 Ratings8.2167 Ratings
    Direct links to 3rd-party data sources00 Ratings6.5124 Ratings
    Best Alternatives
    CoupaWorkday Adaptive Planning
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CoupaWorkday Adaptive Planning
    Likelihood to Recommend
    9.0
    (27 ratings)
    7.3
    (225 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    10.0
    (46 ratings)
    Usability
    7.8
    (2 ratings)
    7.2
    (131 ratings)
    Availability
    -
    (0 ratings)
    9.0
    (12 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (6 ratings)
    Support Rating
    6.5
    (2 ratings)
    8.2
    (34 ratings)
    In-Person Training
    3.0
    (1 ratings)
    8.2
    (2 ratings)
    Online Training
    -
    (0 ratings)
    7.3
    (9 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.6
    (27 ratings)
    Configurability
    5.0
    (1 ratings)
    8.2
    (5 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    7.3
    (1 ratings)
    Data Sharing and Collaboration
    -
    (0 ratings)
    7.5
    (17 ratings)
    Data Sources
    -
    (0 ratings)
    7.6
    (17 ratings)
    Ease of integration
    -
    (0 ratings)
    7.3
    (8 ratings)
    Product Scalability
    -
    (0 ratings)
    8.2
    (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
    CoupaWorkday Adaptive Planning
    Likelihood to Recommend
    Coupa Software
    Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
    Incentivized
    Read full review
    Workday
    It's well suited to any business where you have defined inputs, a layer of structured calculations and a defined output. In other words, any business situation! We use it in a law firm setting where it enables us to import staff plans, assign targets to each individual, thereby generating a revenue forecast linked to business capacity. From there, global assumptions determine staff and direct costs, with the user overlaying discretionary costs to arrive at a final P&L forecast. This is then summarised using the reporting and dashboarding layer to provide outputs to senior leaders for sign off.
    Incentivized
    Read full review
    Pros
    Coupa Software
    • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
    • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
    • We’ve been able to manage the implementation and maintenance with a very lean IT group.
    Incentivized
    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
    Incentivized
    Read full review
    Cons
    Coupa Software
    • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
    • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
    • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
    Incentivized
    Read full review
    Workday
    • Budgeting either isn't included or an extra fee.
    • Expense reporting aspects are repetitive and hard to fully optimize.
    • Finance tracking is limited to basic reports with multiple levels or drill-down...hard to fully grasp without exporting data and massaging in something else (like Excel).
    Incentivized
    Read full review
    Likelihood to Renew
    Coupa Software
    I love using coupa but i'm not the decision maker in this regard.
    Incentivized
    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
    Coupa Software
    -Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
    Incentivized
    Read full review
    Workday
    It is an easy transition for Excel users, with more built-in analytical tools and no need to build formulas. It also has built-in reporting and integration with Microsoft Office products such as Excel and PowerPoint. For non-Finance users, there's an initial learning curve to get used to the tool.
    Incentivized
    Read full review
    Reliability and Availability
    Coupa Software
    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.
    Read full review
    Performance
    Coupa Software
    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.
    Read full review
    Support Rating
    Coupa Software
    -Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
    Incentivized
    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.
    Incentivized
    Read full review
    In-Person Training
    Coupa Software
    The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Online Training
    Coupa Software
    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.
    Incentivized
    Read full review
    Implementation Rating
    Coupa Software
    No answers on this topic
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Coupa Software
    Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
    Incentivized
    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.
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    Coupa Software
    No answers on this topic
    Workday
    Good read only seat access
    Incentivized
    Read full review
    Scalability
    Coupa Software
    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
    Read full review
    Professional Services
    Coupa Software
    No answers on this topic
    Workday
    This is now available in house at Workday which is convenient.
    Incentivized
    Read full review
    Return on Investment
    Coupa Software
    • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
    • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
    • Ease of use has led to mass adoption and more prompt processing of expenses
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    ScreenShots

    Coupa Screenshots

    Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.

    Workday Adaptive Planning Screenshots

    Screenshot of Workday Adaptive Planning AI Predictive ForecasterScreenshot of Workday Adaptive Planning AI AssistantScreenshot of Workday Adaptive Planning DashboardScreenshot of Workday Adaptive Planning Financial Planning DashboardScreenshot of Workday Adaptive Planning Financial Variance AnalysisScreenshot of Workday Adaptive Planning Process and Workflow Management