What users are saying about
17 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener'>Customer Verified: Read more.</a>
Top Rated
280 Ratings
17 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.6 out of 100

Workday Adaptive Planning

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener'>Customer Verified: Read more.</a>
Top Rated
280 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.5 out of 100

Likelihood to Recommend

SaaSOptics

SaaSOptics is awesome for growing companies that want to automate their invoicing. I like that it is also aimed at subscription based sales structures rather than sales that occur at a single point in time (but has the ability to support both). SaaSOptics makes it super easy to keep track of subscriptions, renewals, co-terms, etc. The reporting is a great feature, but we are unable to use most of the reports as we are a cash-based accounting firm. SO caters to accrual accounting and GAAP compliant firms which makes sense as it is the most commonly accepted accounting basis here in the US, but many small SaaS start-ups are still operating on cash basis. We are one of those companies, so we are able to get a ton of use out of the invoicing side of things, a lot of the reports are useless for us. We also wish SO had a commission module since we already integrate our CRM and accounting softwares into it, but that is not a make it or break it for us. We love the time SO has saved us.
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

Workday Adaptive Planning is extremely well suited to the typical finance budget, forecast, actual reporting cycle and makes it easy to do every monthly forecast at the same level of detail as an annual plan. It takes a lot of pain out of the reconciliation of headcount variances and that type of thing.
Marvin Hartsfield | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

SaaSOptics
Workday Adaptive Planning
9.3
Pixel Perfect reports
SaaSOptics
Workday Adaptive Planning
9.0
Customizable dashboards
SaaSOptics
Workday Adaptive Planning
10.0
Report Formatting Templates
SaaSOptics
Workday Adaptive Planning
9.0

Ad-hoc Reporting

SaaSOptics
Workday Adaptive Planning
8.0
Drill-down analysis
SaaSOptics
Workday Adaptive Planning
9.0
Formatting capabilities
SaaSOptics
Workday Adaptive Planning
7.0
Integration with R or other statistical packages
SaaSOptics
Workday Adaptive Planning
8.0
Report sharing and collaboration
SaaSOptics
Workday Adaptive Planning
8.0

Report Output and Scheduling

SaaSOptics
Workday Adaptive Planning
8.0
Publish to PDF
SaaSOptics
Workday Adaptive Planning
8.0
Report Versioning
SaaSOptics
Workday Adaptive Planning
8.0
Report Delivery Scheduling
SaaSOptics
Workday Adaptive Planning
8.0

Data Discovery and Visualization

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

Access Control and Security

SaaSOptics
Workday Adaptive Planning
9.0
Multi-User Support (named login)
SaaSOptics
Workday Adaptive Planning
9.0
Role-Based Security Model
SaaSOptics
Workday Adaptive Planning
9.0
Multiple Access Permission Levels (Create, Read, Delete)
SaaSOptics
Workday Adaptive Planning
9.0

Mobile Capabilities

SaaSOptics
Workday Adaptive Planning
8.5
Responsive Design for Web Access
SaaSOptics
Workday Adaptive Planning
8.0
Dedicated iOS Application
SaaSOptics
Workday Adaptive Planning
8.0
Dedicated Android Application
SaaSOptics
Workday Adaptive Planning
8.0
Dashboard / Report / Visualization Interactivity on Mobile
SaaSOptics
Workday Adaptive Planning
10.0

Budgeting, Planning, and Forecasting

SaaSOptics
Workday Adaptive Planning
8.6
Long-term financial planning
SaaSOptics
Workday Adaptive Planning
8.6
Financial budgeting
SaaSOptics
Workday Adaptive Planning
8.8
Forecasting
SaaSOptics
Workday Adaptive Planning
9.2
Scenario modeling
SaaSOptics
Workday Adaptive Planning
8.2
Management reporting
SaaSOptics
Workday Adaptive Planning
8.5

Consolidation and Close

SaaSOptics
Workday Adaptive Planning
7.4
Financial data consolidation
SaaSOptics
Workday Adaptive Planning
8.5
Journal entries and reports
SaaSOptics
Workday Adaptive Planning
7.7
Multi-currency management
SaaSOptics
Workday Adaptive Planning
6.8
Intercompany Eliminations
SaaSOptics
Workday Adaptive Planning
7.0
Minority Ownership
SaaSOptics
Workday Adaptive Planning
7.2
Local and consolidated reporting
SaaSOptics
Workday Adaptive Planning
7.9
Detailed Audit Trails
SaaSOptics
Workday Adaptive Planning
6.8

Financial Reporting and Compliance

SaaSOptics
Workday Adaptive Planning
8.2
Financial Statement Reporting
SaaSOptics
Workday Adaptive Planning
8.5
Management Reporting
SaaSOptics
Workday Adaptive Planning
8.0
Excel-based Reporting
SaaSOptics
Workday Adaptive Planning
8.7
Automated board and financial reporting
SaaSOptics
Workday Adaptive Planning
8.2
XBRL support for regulatory filing
SaaSOptics
Workday Adaptive Planning
7.7

Analytics

SaaSOptics
Workday Adaptive Planning
8.2
Personalized dashboards
SaaSOptics
Workday Adaptive Planning
8.0
Color-coded scorecards
SaaSOptics
Workday Adaptive Planning
7.9
KPIs
SaaSOptics
Workday Adaptive Planning
8.8
Cost and profitability analysis
SaaSOptics
Workday Adaptive Planning
8.6
Key Performance Indicator setting
SaaSOptics
Workday Adaptive Planning
8.3
Benchmarking with external data
SaaSOptics
Workday Adaptive Planning
7.8

Integration

SaaSOptics
Workday Adaptive Planning
7.9
Flat file integration
SaaSOptics
Workday Adaptive Planning
8.0
Excel data integration
SaaSOptics
Workday Adaptive Planning
7.7
Direct links to 3rd-party data sources
SaaSOptics
Workday Adaptive Planning
8.2

Pros

SaaSOptics

  • Tracking and renewing all contracts with numerous customers
  • Invoicing customers via email
  • Tracking payments by customers by both credit card, ACH or check
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

  • 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.
Warren Sampson | TrustRadius Reviewer

Cons

SaaSOptics

  • Our implementation process was a bit overwhelming. Too much information, too deep, should have focused on core functionality first. I believe they fixed this subsequent to our implementation.
  • Should be able to attach physical contract to the contract level, not at the customer level.
  • I never really used the analytics and reporting functionality, seems like it would have been great.
Christopher L. Smith | TrustRadius Reviewer

Workday Adaptive Planning

  • 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.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
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

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 8.7
Based on 95 answers
We have users in all parts of the business that have access. [Even those who] are not financial individuals love the ease of use while being able to drill down and clearly understand what is happening in their department. All levels of the organization find Workday Adaptive Planning useful for both executive level reporting, financial reviews as well as detailed planning by multiple users.
Dmitry Zaichenko, MBA | TrustRadius Reviewer

Reliability and Availability

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 6.4
Based on 20 answers
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.
Anonymous | TrustRadius Reviewer

Performance

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 10 answers
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.
Jaynee Tolle | TrustRadius Reviewer

Support Rating

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 8.0
Based on 42 answers
The online support for Workday Adaptive Planning is very helpful. I go there at least once a week to find answers to questions and they’re usually very easy to find. If i’m unsuccessful in finding the answer, I email Workday Adaptive Planning support and they’re quick to answer, willing to help, and provide great clarity on the answer if you need it.
Anonymous | TrustRadius Reviewer

In-Person Training

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 8.2
Based on 1 answer
Our 3rd party vendor walked us through the whole process and was available for questions after we started using the Adaptive Insights. I would suggest using the online training environment plus an individual walk through of your company's model to get more acquainted with the instance. There were also on-line tutorials to help us along the way.
Jaynee Tolle | TrustRadius Reviewer

Online Training

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 7 answers
The training program in Adaptive Insight has grown quite a bit, since I originally implemented in Adaptive Insights. I would now give it a 10 rating and suggest that anyone implementing for the first time work through the certification program. The certification program is a very detailed in depth primer to understanding how the system works.
Jaynee Tolle | TrustRadius Reviewer

Implementation Rating

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 45 answers
In our experience the Adaptive Suite is quick and easy to deploy. Most implementations are facilitated in just a few weeks but may range depending on organisation complexity from say 2 to 12 weeks with only the very largest and most complex taking a little longer. When key stakeholders are properly engaged and the opportunities for skills transfer are exercised, we find that implementations proceed well and are delivered on time and to project budget
Greg Clarke | TrustRadius Reviewer

Alternatives Considered

SaaSOptics

Zuora is a B2C subscription billing system best used for companies like Netflix. For a B2B company, the sales process can be much more complex and Zuora was never able to handle that. For the 2 years we struggled with Zuora (now referred to the dark ages within our company) we had limited access to knowledgeable support reps who understood the system and accounting/finance. Zuora did not integrate with our GL system, so only summary level data was available, which made reconciling a pain. The reporting never matched up and we had to hire a resource to go through all historical transactions to find the errors. Once SaaSOptics was implemented, it has immediately improved our ability to close our financials in a timely manner. In addition to that, their support team is the best that I've worked with across all vendors. After dealing with Zuora, we spent at least 6 months evaluating SaaSOptics to Zuora and other systems. They convinced us that they were what we needed in order to finally have accurate revenue data. Overall, we selected SaaSOptics because their system is designed for B2B, integrates with our CRM and integrates with our GL, syncing important customer level invoice data.
Mindy Molisee | TrustRadius Reviewer

Workday Adaptive Planning

After researching several CPM products, Adaptive and Prophix actually both met our needs quite well. The Adaptive Sales & Design Team went above and beyond in the early stages of exploring whether Adaptive could meet some of our very specific needs. Adaptive's customer service during the exploration phase was noticeably present. We chose Adaptive and a vendor in our local area to implement. Budget Maestro seemed to require more IT resources than what we desired to invest. Vena Solutions was a bit pricey from our perspective and Xlerant didn't quite have what we were looking for in a budgeting tool.
Limin Kinsey, CPA, CFE | TrustRadius Reviewer

Scalability

SaaSOptics

No score
No answers yet
No answers on this topic

Workday Adaptive Planning

Workday Adaptive Planning 9.1
Based on 8 answers
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
Anonymous | TrustRadius Reviewer

Return on Investment

SaaSOptics

  • Not sure about ROI yet because we've only been using it for about 4 months, but it is saving time.
  • Our management team now has standard reports with which we can manage the business.
Anonymous | TrustRadius Reviewer

Workday Adaptive Planning

  • We are seeing more and more how Adaptive can go beyond financial metrics and cross into operational metrics. As we work with other departments in the business, we are working hard to make Adaptive the system of record when it comes to KPI reporting and measuring.
Mark McConkie | TrustRadius Reviewer

Screenshots

Pricing Details

SaaSOptics

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

Rating Summary

Likelihood to Recommend

SaaSOptics
9.3
Workday Adaptive Planning
8.5

Likelihood to Renew

SaaSOptics
Workday Adaptive Planning
9.1

Usability

SaaSOptics
Workday Adaptive Planning
8.7

Reliability and Availability

SaaSOptics
Workday Adaptive Planning
6.4

Performance

SaaSOptics
Workday Adaptive Planning
9.1

Support Rating

SaaSOptics
Workday Adaptive Planning
8.0

In-Person Training

SaaSOptics
Workday Adaptive Planning
8.2

Online Training

SaaSOptics
Workday Adaptive Planning
9.1

Implementation Rating

SaaSOptics
Workday Adaptive Planning
9.1

Scalability

SaaSOptics
Workday Adaptive Planning
9.1

Add comparison