LivePlan vs. Workday Adaptive Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LivePlan
Score 8.8 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
19% 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
2% 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
2% 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 Ratings8.01 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
LivePlan
-
Ratings
Workday Adaptive Planning
9.0
187 Ratings
8% above category average
Long-term financial planning00 Ratings8.7173 Ratings
Financial budgeting00 Ratings9.5184 Ratings
Forecasting00 Ratings9.0179 Ratings
Scenario modeling00 Ratings9.2170 Ratings
Management reporting00 Ratings8.7184 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
6.9
152 Ratings
14% below category average
Financial data consolidation00 Ratings7.0115 Ratings
Journal entries and reports00 Ratings6.575 Ratings
Multi-currency management00 Ratings6.887 Ratings
Intercompany Eliminations00 Ratings5.868 Ratings
Minority Ownership00 Ratings5.840 Ratings
Local and consolidated reporting00 Ratings9.0102 Ratings
Detailed Audit Trails00 Ratings7.7127 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.5
175 Ratings
5% above category average
Financial Statement Reporting00 Ratings9.0154 Ratings
Management Reporting00 Ratings8.9170 Ratings
Excel-based Reporting00 Ratings8.4169 Ratings
Automated board and financial reporting00 Ratings9.1146 Ratings
XBRL support for regulatory filing00 Ratings7.028 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.2
144 Ratings
2% above category average
Personalized dashboards00 Ratings7.6126 Ratings
Color-coded scorecards00 Ratings8.0105 Ratings
KPIs00 Ratings8.8117 Ratings
Cost and profitability analysis00 Ratings7.8119 Ratings
Key Performance Indicator setting00 Ratings8.6101 Ratings
Benchmarking with external data00 Ratings8.470 Ratings
Integration
Comparison of Integration features of Product A and Product B
LivePlan
-
Ratings
Workday Adaptive Planning
8.5
165 Ratings
2% above category average
Flat file integration00 Ratings9.2129 Ratings
Excel data integration00 Ratings8.1158 Ratings
Direct links to 3rd-party data sources00 Ratings8.3120 Ratings
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LivePlanWorkday Adaptive Planning
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
Prophix
Prophix
Score 8.8 out of 10
Prophix
Prophix
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
LivePlanWorkday Adaptive Planning
Likelihood to Recommend
9.6
(6 ratings)
9.0
(216 ratings)
Likelihood to Renew
-
(0 ratings)
7.7
(43 ratings)
Usability
-
(0 ratings)
8.9
(122 ratings)
Availability
-
(0 ratings)
7.3
(11 ratings)
Performance
-
(0 ratings)
9.1
(5 ratings)
Support Rating
-
(0 ratings)
8.2
(33 ratings)
In-Person Training
-
(0 ratings)
8.2
(2 ratings)
Online Training
-
(0 ratings)
7.3
(9 ratings)
Implementation Rating
-
(0 ratings)
9.2
(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)
7.6
(8 ratings)
Product Scalability
-
(0 ratings)
8.4
(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
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
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
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
  • 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
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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
  • 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
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.
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.
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ScreenShots

LivePlan Screenshots

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Workday Adaptive Planning Screenshots

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