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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Pigment

    Score9.1 out of 10
    N/APigment is an enterprise-grade business planning platform that provides users with a 360° view of the business, updates its financial models in real-time, and allows users to run what-if scenarios at the click of a button. Pigment aims to enable FP&A and revenue teams to improve cross-functional collaboration, increase internal efficiency, and align financial and operational plans, all while scaling reporting and data management.N/A

    Workday Adaptive Planning

    Score8 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
    PigmentWorkday Adaptive Planning
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    PigmentWorkday Adaptive Planning
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeOptionalOptional
    Additional Details
    More Pricing Information
    Community Pulse
    PigmentWorkday Adaptive Planning
    Considered Both Products
    Pigment
    Chose Pigment
    Pigment has a lot of the same self-service capabilities but offers a more robust infrastructure to plan and report on more than just the financial data. It allows for more extended planning and the reporting and dashboard capabilities are very strong.
    Incentivized
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    7 Answers
    90%
    Would buy again
    55 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    7 Answers
    96%
    Delivers good value for the price
    55 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    7 Answers
    93%
    Happy with the feature set
    57 Answers
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    5 Answers
    90%
    Lived up to sales and marketing promises
    38 Answers
    Implementation went as expected
    80%
    Implementation went as expected
    4 Answers
    92%
    Implementation went as expected
    47 Answers
    Features
    PigmentWorkday Adaptive Planning
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    8.4
    5 Ratings
    11% above category average
    Workday Adaptive Planning
    8.1
    4 Ratings
    7% above category average
    Pixel Perfect reports8.55 Ratings9.01 Ratings
    Customizable dashboards9.64 Ratings7.34 Ratings
    Report Formatting Templates7.05 Ratings8.04 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.7
    6 Ratings
    1% below category average
    Workday Adaptive Planning
    8.1
    4 Ratings
    4% above category average
    Drill-down analysis7.96 Ratings8.34 Ratings
    Formatting capabilities8.46 Ratings7.74 Ratings
    Integration with R or other statistical packages6.54 Ratings8.01 Ratings
    Report sharing and collaboration7.96 Ratings8.34 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.8
    6 Ratings
    2% below category average
    Workday Adaptive Planning
    8.0
    1 Ratings
    1% above category average
    Publish to Web8.05 Ratings00 Ratings
    Publish to PDF7.26 Ratings8.01 Ratings
    Report Versioning8.15 Ratings8.01 Ratings
    Report Delivery Scheduling8.05 Ratings8.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.5
    5 Ratings
    2% above category average
    Workday Adaptive Planning
    7.7
    1 Ratings
    5% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)7.95 Ratings7.01 Ratings
    Location Analytics / Geographic Visualization7.05 Ratings8.01 Ratings
    Predictive Analytics7.95 Ratings8.01 Ratings
    Pattern Recognition and Data Mining7.15 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    8.0
    5 Ratings
    5% below category average
    Workday Adaptive Planning
    8.5
    4 Ratings
    1% above category average
    Multi-User Support (named login)7.95 Ratings7.74 Ratings
    Role-Based Security Model8.15 Ratings8.74 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)7.85 Ratings8.34 Ratings
    Report-Level Access Control7.95 Ratings9.03 Ratings
    Single Sign-On (SSO)8.05 Ratings9.03 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.3
    5 Ratings
    2% below category average
    Workday Adaptive Planning
    7.8
    4 Ratings
    5% above category average
    Responsive Design for Web Access7.25 Ratings8.34 Ratings
    Mobile Application6.95 Ratings7.03 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.85 Ratings8.03 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    8.2
    7 Ratings
    1% above category average
    Workday Adaptive Planning
    8.3
    195 Ratings
    3% above category average
    Long-term financial planning8.27 Ratings7.8181 Ratings
    Financial budgeting7.97 Ratings8.7192 Ratings
    Forecasting8.57 Ratings8.4187 Ratings
    Scenario modeling8.47 Ratings8.2176 Ratings
    Management reporting8.07 Ratings8.1192 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    6.8
    6 Ratings
    14% below category average
    Workday Adaptive Planning
    7.6
    160 Ratings
    2% below category average
    Financial data consolidation6.95 Ratings7.9120 Ratings
    Journal entries and reports6.15 Ratings7.681 Ratings
    Multi-currency management7.04 Ratings7.894 Ratings
    Intercompany Eliminations7.13 Ratings7.273 Ratings
    Minority Ownership6.25 Ratings7.843 Ratings
    Local and consolidated reporting7.15 Ratings7.4107 Ratings
    Detailed Audit Trails7.45 Ratings7.6134 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.6
    6 Ratings
    7% below category average
    Workday Adaptive Planning
    8.0
    183 Ratings
    2% below category average
    Financial Statement Reporting8.05 Ratings8.3161 Ratings
    Management Reporting8.06 Ratings8.8177 Ratings
    Excel-based Reporting6.35 Ratings7.4177 Ratings
    Automated board and financial reporting8.56 Ratings8.1154 Ratings
    XBRL support for regulatory filing7.33 Ratings7.733 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    8.6
    7 Ratings
    12% above category average
    Workday Adaptive Planning
    8.3
    152 Ratings
    9% above category average
    Personalized dashboards9.37 Ratings8.3134 Ratings
    Color-coded scorecards8.36 Ratings8.9111 Ratings
    KPIs8.66 Ratings7.8125 Ratings
    Cost and profitability analysis8.66 Ratings8.1126 Ratings
    Key Performance Indicator setting8.86 Ratings8.7108 Ratings
    Benchmarking with external data7.85 Ratings8.076 Ratings
    Integration
    Comparison of Integration features of Pigment and Workday Adaptive Planning
    Feature
    Pigment
    7.9
    6 Ratings
    2% below category average
    Workday Adaptive Planning
    7.5
    173 Ratings
    8% below category average
    Flat file integration7.95 Ratings7.6136 Ratings
    Excel data integration7.96 Ratings8.4166 Ratings
    Direct links to 3rd-party data sources7.86 Ratings6.5124 Ratings
    Best Alternatives
    PigmentWorkday Adaptive Planning
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.5 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    PigmentWorkday Adaptive Planning
    Likelihood to Recommend
    7.9
    (7 ratings)
    7.9
    (224 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (46 ratings)
    Usability
    7.8
    (5 ratings)
    7.7
    (130 ratings)
    Availability
    -
    (0 ratings)
    9.0
    (12 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (6 ratings)
    Support Rating
    -
    (0 ratings)
    8.2
    (34 ratings)
    In-Person Training
    -
    (0 ratings)
    8.2
    (2 ratings)
    Online Training
    -
    (0 ratings)
    7.3
    (9 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.6
    (27 ratings)
    Configurability
    -
    (0 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
    PigmentWorkday Adaptive Planning
    Likelihood to Recommend
    Pigment
    Planning, financials, and even sales tracking are greatly helpful for project planning. This makes product planning easy; you can simply see what the industry is demanding and what should be produced more in coming quarters. If you have really huge data, then this sometimes crashes.
    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
    Pigment
    • Helping organizations assess the impacts of various business decisions effectively​
    • Seamlessly integrates with multiple data sources
    • Collaboration with other teams and teammates
    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
    Pigment
    • Its not that stable, need some improvements in stability of the product. Gets crashed sometimes
    • There is learning curv for script as pigment have its own logic things
    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
    Pigment
    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.
    Read full review
    Usability
    Pigment
    Overall most of Pigment is self-service and meant to be used by the business users. It usually doesn't require reaching out to a technical or IT resource to make changes to reports or the models we have setup.
    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
    Pigment
    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
    Pigment
    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
    Pigment
    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.
    Incentivized
    Read full review
    In-Person Training
    Pigment
    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.
    Incentivized
    Read full review
    Online Training
    Pigment
    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
    Pigment
    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
    Pigment
    Pigment has a lot of the same self-service capabilities but offers a more robust infrastructure to plan and report on more than just the financial data. It allows for more extended planning and the reporting and dashboard capabilities are very strong.
    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
    Pigment
    No answers on this topic
    Workday
    Good read only seat access
    Incentivized
    Read full review
    Scalability
    Pigment
    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
    Pigment
    No answers on this topic
    Workday
    This is now available in house at Workday which is convenient.
    Incentivized
    Read full review
    Return on Investment
    Pigment
    • Capacity to anticipate better (forecasting accuracy improved)
    • Single source of truth for internal and external financial KPIs
    • Agility to compare scenarios and making decisions based on that
    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

    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