Workday Adaptive Planning vs. Workday Prism Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Workday Prism Analytics
Score 7.2 out of 10
N/A
Workday Prism Analytics extends the core capabilities of Workday. The product promises to allow users to generate finance and HR insights from any data source, all within Workday, and securely distribute it to the entire organization. Workday Prism Analytics includes data preparation, data management, and data discovery tools.N/A
Pricing
Workday Adaptive PlanningWorkday Prism Analytics
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Workday Adaptive PlanningWorkday Prism Analytics
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Workday Adaptive PlanningWorkday Prism Analytics
Top Pros
Top Cons
Features
Workday Adaptive PlanningWorkday Prism Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Workday Adaptive Planning
9.3
1 Ratings
17% above category average
Workday Prism Analytics
-
Ratings
Pixel Perfect reports9.01 Ratings00 Ratings
Customizable dashboards10.01 Ratings00 Ratings
Report Formatting Templates9.01 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Workday Adaptive Planning
8.0
1 Ratings
3% below category average
Workday Prism Analytics
-
Ratings
Drill-down analysis9.01 Ratings00 Ratings
Formatting capabilities7.01 Ratings00 Ratings
Integration with R or other statistical packages8.01 Ratings00 Ratings
Report sharing and collaboration8.01 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Workday Adaptive Planning
8.0
1 Ratings
3% below category average
Workday Prism Analytics
-
Ratings
Publish to PDF8.01 Ratings00 Ratings
Report Versioning8.01 Ratings00 Ratings
Report Delivery Scheduling8.01 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Workday Adaptive Planning
7.7
1 Ratings
1% above category average
Workday Prism Analytics
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)7.01 Ratings00 Ratings
Location Analytics / Geographic Visualization8.01 Ratings00 Ratings
Predictive Analytics8.01 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Workday Adaptive Planning
9.0
1 Ratings
4% above category average
Workday Prism Analytics
-
Ratings
Multi-User Support (named login)9.01 Ratings00 Ratings
Role-Based Security Model9.01 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.01 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Workday Adaptive Planning
8.5
1 Ratings
9% above category average
Workday Prism Analytics
-
Ratings
Responsive Design for Web Access8.01 Ratings00 Ratings
Mobile Application8.01 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile10.01 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Workday Adaptive Planning
9.0
187 Ratings
8% above category average
Workday Prism Analytics
-
Ratings
Long-term financial planning8.6173 Ratings00 Ratings
Financial budgeting9.5184 Ratings00 Ratings
Forecasting9.0179 Ratings00 Ratings
Scenario modeling9.2170 Ratings00 Ratings
Management reporting8.7184 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Workday Adaptive Planning
7.0
152 Ratings
13% below category average
Workday Prism Analytics
-
Ratings
Financial data consolidation7.1115 Ratings00 Ratings
Journal entries and reports6.675 Ratings00 Ratings
Multi-currency management6.887 Ratings00 Ratings
Intercompany Eliminations5.968 Ratings00 Ratings
Minority Ownership6.040 Ratings00 Ratings
Local and consolidated reporting9.0102 Ratings00 Ratings
Detailed Audit Trails7.6127 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Workday Adaptive Planning
8.5
175 Ratings
4% above category average
Workday Prism Analytics
-
Ratings
Financial Statement Reporting8.9154 Ratings00 Ratings
Management Reporting8.9170 Ratings00 Ratings
Excel-based Reporting8.4169 Ratings00 Ratings
Automated board and financial reporting9.1146 Ratings00 Ratings
XBRL support for regulatory filing7.028 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Workday Adaptive Planning
8.2
144 Ratings
2% above category average
Workday Prism Analytics
-
Ratings
Personalized dashboards7.6126 Ratings00 Ratings
Color-coded scorecards7.9105 Ratings00 Ratings
KPIs8.8117 Ratings00 Ratings
Cost and profitability analysis7.8119 Ratings00 Ratings
Key Performance Indicator setting8.6101 Ratings00 Ratings
Benchmarking with external data8.470 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Workday Adaptive Planning
8.5
165 Ratings
2% above category average
Workday Prism Analytics
-
Ratings
Flat file integration9.1129 Ratings00 Ratings
Excel data integration8.1158 Ratings00 Ratings
Direct links to 3rd-party data sources8.3120 Ratings00 Ratings
Workforce Analytics
Comparison of Workforce Analytics features of Product A and Product B
Workday Adaptive Planning
-
Ratings
Workday Prism Analytics
8.9
11 Ratings
6% above category average
Data integration00 Ratings8.811 Ratings
Data management00 Ratings9.011 Ratings
Best Alternatives
Workday Adaptive PlanningWorkday Prism Analytics
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.2 out of 10
Rippling
Rippling
Score 8.9 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Predictive Index Behavioral Assessment
Predictive Index Behavioral Assessment
Score 8.4 out of 10
Enterprises
Prophix
Prophix
Score 9.0 out of 10
Predictive Index Behavioral Assessment
Predictive Index Behavioral Assessment
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Workday Adaptive PlanningWorkday Prism Analytics
Likelihood to Recommend
9.0
(216 ratings)
8.6
(12 ratings)
Likelihood to Renew
7.7
(43 ratings)
-
(0 ratings)
Usability
8.9
(122 ratings)
-
(0 ratings)
Availability
7.3
(11 ratings)
-
(0 ratings)
Performance
9.1
(5 ratings)
-
(0 ratings)
Support Rating
8.2
(33 ratings)
-
(0 ratings)
In-Person Training
8.2
(2 ratings)
-
(0 ratings)
Online Training
7.3
(9 ratings)
-
(0 ratings)
Implementation Rating
9.2
(27 ratings)
-
(0 ratings)
Configurability
8.2
(5 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
7.3
(1 ratings)
-
(0 ratings)
Ease of integration
7.7
(8 ratings)
-
(0 ratings)
Product Scalability
8.5
(12 ratings)
-
(0 ratings)
Professional Services
8.2
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.2
(4 ratings)
-
(0 ratings)
Vendor pre-sale
6.4
(4 ratings)
-
(0 ratings)
User Testimonials
Workday Adaptive PlanningWorkday Prism Analytics
Likelihood to Recommend
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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Workday
In my organization, we mainly use Workday Prism Analytics in HR and Finance departments. It not only enables us to make data-centric decisions but also helps reduce the need for data experts since we are able to visualize data on our own through self-service analytics.
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Pros
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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Workday
  • It's web based. No need to install any desktop clients on your machine to use platfora.
  • It's best suited for a big data Hadoop environment. I can rate it as the #1 BI tool for a big data hadoop environment.
  • Platfora follows kind of the same architecture as Hadoop architecture like Master and Slave architecture. It scales with the data volumes.
  • Querying data is very good and very fast. (Platfora Lens)
  • Client presentation wise it's good. You can get different kinds of graphs.
  • Platfora almost supports everything on Big Data technologies including file formats, compression etc.
  • Security is not compromised and it can deal in parallel with any Hadoop distributor security implementations. Just take an example of Knox on Hortonworks, so it will deal with that and cloudera , MapR
  • Its very easily understandable and for the new people who wants to try platfora, learning curve is low
  • You can create your own datasets in platfora. You can store your results as a dataset in platfora and can share across
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Cons
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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Workday
  • Data Movement - Data needs to be moved from Hadoop to Platfora to create Platfora Lens and to do analytics.
  • To support Data movement, infrastructure cost is high.
  • To support data movement, network bandwidth consumption is high.
  • No trial versions for companies to evaluate.
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Likelihood to Renew
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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Workday
No answers on this topic
Usability
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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Workday
No answers on this topic
Reliability and Availability
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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Workday
No answers on this topic
Performance
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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Workday
No answers on this topic
Support Rating
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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Workday
No answers on this topic
In-Person Training
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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Workday
No answers on this topic
Online Training
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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Workday
No answers on this topic
Implementation Rating
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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Workday
No answers on this topic
Alternatives Considered
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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Workday
Both are great products. The advantage of SAP Workforce Analytics is that it's widely interoperable between different APIs and databases. Having said that, Workday Prism Analytics scores much better in user-friendliness and the learning curve for the teams to start using it is very low. If Workday enhances its APIs functionality, it can compete easily with SAP Workforce Analytics.
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Contract Terms and Pricing Model
Workday
Good read only seat access
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Workday
No answers on this topic
Scalability
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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Workday
No answers on this topic
Professional Services
Workday
This is now available in house at Workday which is convenient.
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Workday
No answers on this topic
Return on Investment
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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Workday
  • Improved ROI by decreasing the necessary time investment that managers must make to upkeep employee data sectors.
  • Improved ease of access for employees, reducing unnecessary communication between employees and management.
  • Has led to fewer accounting errors overall.
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ScreenShots

Workday Adaptive Planning Screenshots

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Workday Prism Analytics Screenshots

Screenshot of Data visualization tools and drag and drop analysis of Workday and non-Workday dataScreenshot of Data visualization tools and drag and drop analysis of Workday and non-Workday data