What users are saying about
195 Ratings
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Top Rated
239 Ratings
195 Ratings
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Score 7.8 out of 100

Workday Adaptive Planning

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Top Rated
239 Ratings
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Score 8.2 out of 100

Likelihood to Recommend

Oracle Hyperion

Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement.Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

Adaptive Insights is well-suited for accommodating different areas within the organization that have different cost drivers and/or have different allocation needs. The capability to design planning sheets using the lookup values offers flexibility that was difficult to produce with confidence in our other planning tool. Using dimensions and attributes within our organization's design, allows the ability to dissect data in different ways and report in more flexible formats to meet user needs. In addition, the OfficeConnect plug-in with Adaptive offers expanded Board reporting capabilities where Adaptive Reporting may come up short. The Discovery Dashboard provides quick visuals for C-Suite on demand.
Limin Kinsey, CPA, CFE | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Oracle Hyperion
7.5
Workday Adaptive Planning
9.3
Pixel Perfect reports
Oracle Hyperion
7.4
Workday Adaptive Planning
9.0
Customizable dashboards
Oracle Hyperion
7.3
Workday Adaptive Planning
10.0
Report Formatting Templates
Oracle Hyperion
7.9
Workday Adaptive Planning
9.0

Ad-hoc Reporting

Oracle Hyperion
7.7
Workday Adaptive Planning
8.0
Drill-down analysis
Oracle Hyperion
8.3
Workday Adaptive Planning
9.0
Formatting capabilities
Oracle Hyperion
7.8
Workday Adaptive Planning
7.0
Integration with R or other statistical packages
Oracle Hyperion
7.5
Workday Adaptive Planning
8.0
Report sharing and collaboration
Oracle Hyperion
7.3
Workday Adaptive Planning
8.0

Report Output and Scheduling

Oracle Hyperion
7.0
Workday Adaptive Planning
8.0
Publish to Web
Oracle Hyperion
6.6
Workday Adaptive Planning
Publish to PDF
Oracle Hyperion
6.7
Workday Adaptive Planning
8.0
Report Versioning
Oracle Hyperion
7.2
Workday Adaptive Planning
8.0
Report Delivery Scheduling
Oracle Hyperion
7.4
Workday Adaptive Planning
8.0

Data Discovery and Visualization

Oracle Hyperion
7.2
Workday Adaptive Planning
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
Oracle Hyperion
7.0
Workday Adaptive Planning
7.0
Location Analytics / Geographic Visualization
Oracle Hyperion
7.3
Workday Adaptive Planning
8.0
Predictive Analytics
Oracle Hyperion
7.3
Workday Adaptive Planning
8.0

Access Control and Security

Oracle Hyperion
7.3
Workday Adaptive Planning
9.0
Multi-User Support (named login)
Oracle Hyperion
7.3
Workday Adaptive Planning
9.0
Role-Based Security Model
Oracle Hyperion
6.7
Workday Adaptive Planning
9.0
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Hyperion
7.3
Workday Adaptive Planning
9.0
Single Sign-On (SSO)
Oracle Hyperion
7.7
Workday Adaptive Planning

Mobile Capabilities

Oracle Hyperion
5.6
Workday Adaptive Planning
8.5
Responsive Design for Web Access
Oracle Hyperion
6.3
Workday Adaptive Planning
8.0
Dedicated iOS Application
Oracle Hyperion
5.0
Workday Adaptive Planning
8.0
Dedicated Android Application
Oracle Hyperion
5.0
Workday Adaptive Planning
8.0
Dashboard / Report / Visualization Interactivity on Mobile
Oracle Hyperion
6.1
Workday Adaptive Planning
10.0

Budgeting, Planning, and Forecasting

Oracle Hyperion
8.2
Workday Adaptive Planning
8.4
Long-term financial planning
Oracle Hyperion
8.4
Workday Adaptive Planning
7.9
Financial budgeting
Oracle Hyperion
8.5
Workday Adaptive Planning
8.9
Forecasting
Oracle Hyperion
8.2
Workday Adaptive Planning
9.0
Scenario modeling
Oracle Hyperion
7.5
Workday Adaptive Planning
7.1
Management reporting
Oracle Hyperion
8.4
Workday Adaptive Planning
8.9

Consolidation and Close

Oracle Hyperion
7.8
Workday Adaptive Planning
7.9
Financial data consolidation
Oracle Hyperion
8.3
Workday Adaptive Planning
8.6
Journal entries and reports
Oracle Hyperion
7.8
Workday Adaptive Planning
6.3
Multi-currency management
Oracle Hyperion
8.1
Workday Adaptive Planning
7.4
Intercompany Eliminations
Oracle Hyperion
7.7
Workday Adaptive Planning
7.9
Minority Ownership
Oracle Hyperion
7.5
Workday Adaptive Planning
7.9
Local and consolidated reporting
Oracle Hyperion
7.8
Workday Adaptive Planning
8.5
Detailed Audit Trails
Oracle Hyperion
7.5
Workday Adaptive Planning
8.5

Financial Reporting and Compliance

Oracle Hyperion
8.2
Workday Adaptive Planning
7.9
Financial Statement Reporting
Oracle Hyperion
8.4
Workday Adaptive Planning
8.7
Management Reporting
Oracle Hyperion
8.3
Workday Adaptive Planning
8.6
Excel-based Reporting
Oracle Hyperion
8.8
Workday Adaptive Planning
7.3
Automated board and financial reporting
Oracle Hyperion
7.8
Workday Adaptive Planning
7.4
XBRL support for regulatory filing
Oracle Hyperion
7.6
Workday Adaptive Planning
7.5

Analytics

Oracle Hyperion
7.6
Workday Adaptive Planning
7.0
Personalized dashboards
Oracle Hyperion
8.1
Workday Adaptive Planning
7.5
Color-coded scorecards
Oracle Hyperion
7.4
Workday Adaptive Planning
6.4
KPIs
Oracle Hyperion
7.5
Workday Adaptive Planning
7.3
Cost and profitability analysis
Oracle Hyperion
7.8
Workday Adaptive Planning
8.3
Key Performance Indicator setting
Oracle Hyperion
7.3
Workday Adaptive Planning
7.9
Benchmarking with external data
Oracle Hyperion
7.4
Workday Adaptive Planning
4.8

Integration

Oracle Hyperion
8.0
Workday Adaptive Planning
8.3
Flat file integration
Oracle Hyperion
8.2
Workday Adaptive Planning
8.3
Excel data integration
Oracle Hyperion
8.4
Workday Adaptive Planning
8.3
Direct links to 3rd-party data sources
Oracle Hyperion
7.3
Workday Adaptive Planning
8.2

Pros

Oracle Hyperion

  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Teal Sexton | TrustRadius Reviewer

Workday Adaptive Planning

  • I love how easy it is to track software and general amortizations in Adaptive. The software has been an issue with my past employers, but it flows very easily here in Adaptive.
  • We also use Adaptive's OfficeConnect for easy reporting. It has helped us automate our reporting as we work with internal departments. We have the reports built, and the software and can refresh all of them simultaneously, reducing generation time and giving us more time for analysis.
  • We are building out more operational metrics now. We are starting to track sales opportunities across different business segments to see the correlation between spending activities and opportunity generation. This helps us set better targets in the future. This paired with OfficeConnect also makes it very easy to track and report on operational metrics in addition to financial metrics.
Mark McConkie | TrustRadius Reviewer

Cons

Oracle Hyperion

  • One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
  • The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
  • Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
Matt Downing | TrustRadius Reviewer

Workday Adaptive Planning

  • When trying to learn about a new feature or a feature I have not used previously it is sometimes difficult to find that information on the help section.
  • Adaptive can be deployed through consultants when they do not have specialized knowledge like higher education. This sometimes makes it difficult to determine who to contact when experiencing issues with the model after implementation.
  • You are limited to one master chart of accounts. When you have multiple businesses this can cause some difficulties that can be overcome, but takes additional thought and planning and can cause issues when making changes.
Brian Kyslinger | TrustRadius Reviewer

Likelihood to Renew

Oracle Hyperion

Oracle Hyperion 5.0
Based on 1 answer
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
Matt Downing | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 9.0
Based on 34 answers
The tools is powerful for planning and reporting purposes, but also very easy to use for non-financial end-users. Team members have expressed how happy they are with the application and the ability we've given them to make their work lives more efficient.
Brad MacDonald | TrustRadius Reviewer

Usability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 7.3
Based on 79 answers
Menus are easy to navigate, sheets are straightforward and flexible and you can work on your budget/forecasts without being at the office. The cloud based system makes it easy for users to complete their processes offsite and without needing there work provided computer. Creating new reports using both the web based Adaptive tool and OfficeConnect is quite simple with very minimal training.
Gary Grzesiak | TrustRadius Reviewer

Reliability and Availability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 7.1
Based on 10 answers
We can access Adaptive anytime 24/7 from any computer or laptop pc or Mac. They are committed to keep this product up to date and relevant
Harry Vasels | TrustRadius Reviewer

Performance

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 5 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg | TrustRadius Reviewer

Support Rating

Oracle Hyperion

Oracle Hyperion 8.0
Based on 1 answer
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning 8.1
Based on 26 answers
Support requests are always handled promptly and resolved favourably.Many user support requests arise during initial deployment and use and often represent questions relating to best methods or how to approach their particular situation, which we gladly assist with as we provide the appropriate skills transfer training and assistance.As clients become more knowledgeable in working with the product suite then they tend not to ask many questions.
Greg Clarke | TrustRadius Reviewer

Online Training

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 8.8
Based on 7 answers
Online webinars provided by Adaptive Insights gave me the opportunity to explore more features in AI and perform my tasks more efficiently.
Lenny Wu, MBA, MA, CPA, CGA | TrustRadius Reviewer

Implementation Rating

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 8.8
Based on 30 answers
Be open to working up the plan in a way that leverages the power of the software.

Look to maximise the knowledge transfer early on - the software is very usable. You'll be able to maintain it yourself rather than being hooked to the partner
Lee Hawthorn | TrustRadius Reviewer

Alternatives Considered

Oracle Hyperion

I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
Ricky Bhatia | TrustRadius Reviewer

Workday Adaptive Planning

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis | TrustRadius Reviewer

Scalability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 8 answers
Some aspects of the application are very scalable (formulae, metadata changes, adding/changing users, etc.) while others are less so (dashboards, data integration etc.)
Bob Katz, CMA, CFM, CFP® | TrustRadius Reviewer

Return on Investment

Oracle Hyperion

  • Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
  • Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
  • One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

  • We use Adaptive Planning as our main budgeting software. Adaptive is always releasing new features to improve the functionality, and this makes working it is much more efficient.
  • Adaptive has many resources to help you use Adaptive. However, not many answers can be found on Google.
Samantha Monastra | TrustRadius Reviewer

Screenshots

Pricing Details

Oracle Hyperion

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Workday Adaptive Planning

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

* per seat, per installation

Rating Summary

Likelihood to Recommend

Oracle Hyperion
7.9
Workday Adaptive Planning
7.5

Likelihood to Renew

Oracle Hyperion
5.0
Workday Adaptive Planning
9.0

Usability

Oracle Hyperion
Workday Adaptive Planning
7.3

Reliability and Availability

Oracle Hyperion
Workday Adaptive Planning
7.1

Performance

Oracle Hyperion
Workday Adaptive Planning
9.1

Support Rating

Oracle Hyperion
8.0
Workday Adaptive Planning
8.1

In-Person Training

Oracle Hyperion
Workday Adaptive Planning
8.2

Online Training

Oracle Hyperion
Workday Adaptive Planning
8.8

Implementation Rating

Oracle Hyperion
Workday Adaptive Planning
8.8

Scalability

Oracle Hyperion
Workday Adaptive Planning
9.1

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