LivePlan vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LivePlan
Score 9.3 out of 10
Small Businesses (1-50 employees)
LivePlan is business plan software for entrepreneurs. Features include the pitch creation, sample plans, financial assessments, and performance dashboards.
$15
Monthly & Annual billing options available
Workday Adaptive Planning
Score 8.0 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
LivePlanWorkday Adaptive Planning
Editions & Modules
LivePlan Premium
Starting at $30/month
Monthly & Annual billing options available
LivePlan Standard
Starting at $15/month
Monthly & Annual billing options available
No answers on this topic
Offerings
Pricing Offerings
LivePlanWorkday Adaptive Planning
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsLivePlan Standard Includes: - Step-By-Step Instructions - Automatic Financial Statements - Full Financial Forecast - One-Page Pitch Builder - 500+ Sample Plans LivePlan Premium includes everything in Standard, plus: - Industry Benchmark Data - Financial Forecast Scenarios - Performance Dashboards - Milestone Planner - LiveForecast - Syncs with Xero & QuickBooks All subscriptions come with a 60-day money-back guarantee and access to expert customer support.
More Pricing Information
Community Pulse
LivePlanWorkday Adaptive Planning
Top Pros
Top Cons
Features
LivePlanWorkday Adaptive Planning
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
9.3
1 Ratings
13% 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
LivePlan
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
5% 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
LivePlan
-
Ratings
Workday Adaptive Planning
8.0
1 Ratings
3% 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
LivePlan
-
Ratings
Workday Adaptive Planning
7.7
1 Ratings
1% 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
LivePlan
-
Ratings
Workday Adaptive Planning
9.0
1 Ratings
3% 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
LivePlan
-
Ratings
Workday Adaptive Planning
8.5
1 Ratings
8% above category average
Responsive Design for Web Access00 Ratings8.01 Ratings
Mobile Application00 Ratings8.02 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
LivePlan
-
Ratings
Workday Adaptive Planning
8.9
169 Ratings
5% above category average
Long-term financial planning00 Ratings8.9156 Ratings
Financial budgeting00 Ratings8.7166 Ratings
Forecasting00 Ratings9.0161 Ratings
Scenario modeling00 Ratings8.8153 Ratings
Management reporting00 Ratings8.8166 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.1
136 Ratings
2% below category average
Financial data consolidation00 Ratings8.4101 Ratings
Journal entries and reports00 Ratings8.965 Ratings
Multi-currency management00 Ratings8.078 Ratings
Intercompany Eliminations00 Ratings7.958 Ratings
Minority Ownership00 Ratings7.834 Ratings
Local and consolidated reporting00 Ratings8.392 Ratings
Detailed Audit Trails00 Ratings7.3112 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.6
158 Ratings
2% above category average
Financial Statement Reporting00 Ratings8.8140 Ratings
Management Reporting00 Ratings8.6153 Ratings
Excel-based Reporting00 Ratings8.8152 Ratings
Automated board and financial reporting00 Ratings8.5132 Ratings
XBRL support for regulatory filing00 Ratings8.425 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.0
129 Ratings
1% below category average
Personalized dashboards00 Ratings7.9111 Ratings
Color-coded scorecards00 Ratings7.691 Ratings
KPIs00 Ratings8.3104 Ratings
Cost and profitability analysis00 Ratings8.3108 Ratings
Key Performance Indicator setting00 Ratings8.093 Ratings
Benchmarking with external data00 Ratings8.064 Ratings
Integration
Comparison of Integration features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.5
148 Ratings
0% above category average
Flat file integration00 Ratings8.6115 Ratings
Excel data integration00 Ratings8.5142 Ratings
Direct links to 3rd-party data sources00 Ratings8.5109 Ratings
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User Ratings
LivePlanWorkday Adaptive Planning
Likelihood to Recommend
9.5
(6 ratings)
8.9
(198 ratings)
Likelihood to Renew
-
(0 ratings)
7.8
(39 ratings)
Usability
-
(0 ratings)
9.2
(104 ratings)
Availability
-
(0 ratings)
7.3
(21 ratings)
Performance
-
(0 ratings)
9.1
(10 ratings)
Support Rating
-
(0 ratings)
8.2
(45 ratings)
In-Person Training
-
(0 ratings)
8.2
(2 ratings)
Online Training
-
(0 ratings)
7.3
(9 ratings)
Implementation Rating
-
(0 ratings)
9.4
(57 ratings)
Configurability
-
(0 ratings)
8.2
(9 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.3
(1 ratings)
Ease of integration
-
(0 ratings)
8.3
(11 ratings)
Product Scalability
-
(0 ratings)
8.8
(11 ratings)
Professional Services
-
(0 ratings)
8.2
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.2
(7 ratings)
Vendor pre-sale
-
(0 ratings)
6.4
(7 ratings)
User Testimonials
LivePlanWorkday Adaptive Planning
Likelihood to Recommend
Palo Alto Software
All businesses require solutions and tools for organization and control of expenses, spreadsheets were always the first option, but since the arrival of LivePlan, all work is easier and more automated. With LivePlan we have charts and graphs that are automatically created based on our data, this is a great time and money saver. LivePlan is a tool that has worked from day one and has met our expectations in creating the total budget.
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Workday
It can be best suited in scenarios which require multi dimensional modelling and reporting and more simpler and granular metrics need to be tracked. It also helps assess various what if scenarios to evaluate scope of business opportunities and help stakeholders take business decisions. One can create plans aligned with various organizational and business unit goals by collaborating with all kinds of department and users in organization.
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Pros
Palo Alto Software
  • It makes it easy and simple to plan and budget the business.
  • It allows creating of accurate business forecasts.
  • It has detailed yet easy to use and customize built-in templates to help you get along with business planning easily.
  • It integrates and works perfectly well woth accounting tools like QuickBooks such that it is easy to import the accounting data.
Read full review
Workday
  • Version Management. Adaptive lets us manage many versions/scenarios all in one platform with the robust ability to compare them to each other.
  • Processing Performance. With the Elastic Hypercube technology that was implemented a few years back, we can watch changes flow through a complex web of formulas and arrive at an answer within seconds.
  • Audit Trail. Our administrators love the ability to see and report on who made what changes when, which leads to real accountability within the organization.
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Cons
Palo Alto Software
  • UX: It's beyond time for an overhaul, especially on mobile. It can make the app seem dated.
  • The accounting software integration has been prone to break and need to be re-setup, though that seems to have improved.
Read full review
Workday
  • It would be beneficial to me, as a user, if there was a library of documentation for every type of feature. This could be something regarding formula building, understanding how attributes work, with examples, or a location for basic and advance documentation on Sheet/Model/Cubes.
  • I would like to have the ability to directly assign some dimensions to accounts easier. A drag and drop feature for that would be interesting. This has been a challenge for me when new dimensions are built and I am unable to assign them to new accounts.
  • I would also like to see some more formulas or an easier way to do some basic tasks. For example a simple YTD function instead of running a simple, yet long string of texts for the formulas. Or the option for selecting YTD features, removing the need of the formula all together.
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Likelihood to Renew
Palo Alto Software
No answers on this topic
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
Palo Alto Software
No answers on this topic
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
Palo Alto 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.
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Performance
Palo Alto 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.
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Support Rating
Palo Alto Software
No answers on this topic
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
Palo Alto Software
No answers on this topic
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
Palo Alto 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.
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Implementation Rating
Palo Alto 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.
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Alternatives Considered
Palo Alto Software
We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
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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
Palo Alto Software
No answers on this topic
Workday
Good read only seat access
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Scalability
Palo Alto 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
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Professional Services
Palo Alto Software
No answers on this topic
Workday
This is now available in house at Workday which is convenient.
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Return on Investment
Palo Alto Software
  • It has made it easy to create sensible budgets and run our business within the proposed budgets to avoid overspending.
  • It allows us to keenly follow up and keep track of how the business is performing thus getting to know on which ares we should improve.
  • It helps us have accurate future insights of the position of our business thanks to its forecasting functionality.
  • It helps us to create outstanding business plans and fund the plans which help us grow our business by improving its productivity.
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Workday
  • Adaptive has had a very positive impact on our planning process by providing the ability to collaborate and has reduced the inevitable errors encountered with our other budgeting tool.
  • Our ROI is proving out exponentially with the increased efficiencies gained, time saved from streamlining of our processes, and the overall enhancement with staff communication throughout the budget cycle.
Read full review
ScreenShots

LivePlan Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

Workday Adaptive Planning Screenshots

Screenshot of Adaptive Planning balance sheets.Screenshot of Adaptive Discovery visuals.Screenshot of Adaptive Planning expense variance analysis report.Screenshot of Adaptive Discovery visuals with drill-down capabilities.Screenshot of Adaptive Planning in-sheet visualizations (waterfall chart)Screenshot of Sparklines are used to visualize trends and make adjustments visually