Workday Adaptive Planning

Workday Adaptive Planning

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Score 8.2 out of 100
Top Rated
Workday Adaptive Planning


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10 out of 10
January 09, 2022
I use Workday Adaptive Planning to track the budget and account for business expenses. From the time I started using Workday Adaptive …
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Popular Features

View all 45 features

Forecasting (154)


Financial budgeting (159)


Long-term financial planning (149)


Management reporting (159)


Reviewer Pros & Cons

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Entry-level set up fee?

  • Setup fee optional
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  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

Starting price (does not include set up fee)

  • $15,000 per license

Features Scorecard

BI Standard Reporting


Ad-hoc Reporting


Report Output and Scheduling


Data Discovery and Visualization


Access Control and Security


Mobile Capabilities


Budgeting, Planning, and Forecasting


Consolidation and Close


Financial Reporting and Compliance


Analytics and Reporting




Product Details

What is Workday Adaptive Planning?

Workday Adaptive Planning aims to power a new generation of business planning, and drive business agility in a fast-moving world. The Workday Adaptive Planning Business Planning Cloud offers modeling capabilities for organizations of any size, and helps users to collaborate, gain insights, and make smarter decisions faster.

The vendor states that more than 3,800 organizations across 50-plus countries use Workday Adaptive Planning, and boasting its ease of use, they state that Workday Adaptive Planning ranks #1 in customer satisfaction in independent industry surveys from leading market analysts such as Gartner, Forrester, and BPM Partners.

According to the vendor, Adaptive Planning helps mid-size & enterprise organizations’ leaders better manage their business:
  • Adaptive Planning enables organizations to break free from static planning, to active planning
  • Active planning is collaborative, comprehensive, and continuous
  • Active planning requires a solution that’s easy, powerful, and fast
Capabilities include:
  • Automated Budgeting and Forecasting to increase productivity
  • Self-Service Financial Reporting allowing users to create, share and personalize reports
  • Integration with, NetSuite, Intacct, & MS Dynamics

Workday Adaptive Planning Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting
  • Supported: XBRL support for regulatory filing

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

Workday Adaptive Planning Screenshots

Adaptive Planning balance sheets.Adaptive Discovery visuals.Adaptive Planning expense variance analysis report.Adaptive Discovery visuals with drill-down capabilities.Adaptive Planning in-sheet visualizations (waterfall chart)Use sparklines to visualize trends and make adjustments visuallyBuilt-in audit trail and cell explorer will let you see the source and history of any metric, assumption or formula

Workday Adaptive Planning Video

Don’t settle for static plans. Get active planning with Adaptive Insights – your source for business budgeting software that is easy, powerful, and fast.

Workday Adaptive Planning Integrations

Workday Adaptive Planning Competitors

Workday Adaptive Planning Customer Size Distribution

Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)60%
Enterprises (more than 500 employees)40%

Workday Adaptive Planning Technical Details

Deployment TypesSaaS
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android, Windows Phone, Mobile Web
Supported CountriesUnited States, Canada, United Kingdom, Ireland, Australia, New Zealand, and many more!
Supported LanguagesEnglish, Spanish, French, Japanese, Portuguese (Brazilian), Russian, Polish, Dutch


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Frequently Asked Questions

What is Workday Adaptive Planning?

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.

How much does Workday Adaptive Planning cost?

Workday Adaptive Planning starts at $15000.

What are Workday Adaptive Planning's top competitors?

Vena, Longview Plan, and Prophix are common alternatives for Workday Adaptive Planning.

What is Workday Adaptive Planning's best feature?

Reviewers rate Forecasting highest, with a score of 9.3.

Who uses Workday Adaptive Planning?

The most common users of Workday Adaptive Planning are from Mid-sized Companies (51-1,000 employees) and the Computer Software industry.


(1-25 of 192)
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Score 6 out of 10
Vetted Review
Verified User
Review Source
I use it to help understand our spend across the company.
  • Summarize data.
  • Clean layout.
  • Aggregate across sources.
  • Ease of use.
  • Robustness.
  • Data dynamism.
Best suited if it is complementing NetSuite source data, not great as the sole platform for BI in spend searchable by specific variables.
Score 10 out of 10
Vetted Review
Verified User
Review Source
I use Adaptive Insights for mainly budgeting purposes and running monthly budget vs actual reports. It has helped the company dramatically with ensuring that we are using the correct and same version of the approved budget. We have 27 different entities creating budgets and within those entities up to 80 different departments. Before Adaptive Insights, there were a lot of Excel spreadsheets emailed back and forth. This created issues with version control. Adaptive Insights has also forced the company across all entities to map their chart of accounts in a similar fashion and use accounts for the same purpose.
  • It does well with version control. I can ensure that all 27 entities know exactly which version is the correct budget that is approved.
  • It does well with scenario planning. I can easily make adjustments with to the budget whether that is pushing sales, expenses, headcount, or capital projects.
  • It does a good job with enforcing unity with the chart of accounts.
  • There has been a real lack of training. This has caused issues especially with creating new reports.
  • There could be better shortcut keys similar to Excel.
  • There could be a better search functionality with the self tutorial area.
It works well with budgeting across large organizations.
January 09, 2022


Fidel Botchway | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
I use Workday Adaptive Planning to track the budget and account for business expenses. From the time I started using Workday Adaptive Planning, I have become efficient at managing expenses in my team. Today we do not need to depend on accountants to provide department managers with monthly expense information for analysis and management [discussion].
  • Budget management
  • Expense tracking
  • Finance management
  • There should be a seamless integration between the accounting and the budget allocated.
Compassion as a Non Profit provides funds to partners for Child Support. Workday Adaptive Planning can help the Partner to Provide the expense information monthly so their fund allocation can be approved for disbursement. This way the Field Officers do not have to collect the data in excel for review and approval before loading it into the current system before disbursement is done.
Score 7 out of 10
Vetted Review
Verified User
Review Source
Overall my experience with Adaptive has been wonderful. It is definitely the easiest FP&A tool I have used in my career. The customer service has always been great and the tool itself has been very easy to roll out to individuals who may not have a finance background and only do budgeting once a year.
  • Office Connect Excel plug-in
  • maintaining budgets
  • changing level roll-ups
  • inflexibility
  • train customer support
I dislike that custom or modeled accounts within sheets cannot always be updated for specific versions only. I edited it will apply to all historic versions. It has meant that over time as assumptions and drivers have either changed or been discovered my sheet calculations have been replicated for each version making it difficult to review and know which calculation is feeding the current version. Our team especially loves the Office Connect Excel plug-in for easy reporting and analysis. The interface is intuitive and easy to use. Additionally, the daily integration from our ERP makes monthly close reviews easy.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Workday is used by our entire company to manage and handle all aspects of Human Resources, Budgeting, Individual Goals, Training, and keeping track of each individual learning and courses they have taken. From an HR management standpoint, it is the backbone of our company.
  • Keeps everything HR and Team management wise in one place
  • Excellent and easy to use layout and user interface
  • It's very easy to navigate and find your way around even for first time users
  • Requires minimal training to get up and running
  • Sometimes it can be a little difficult to find smaller details within the software that you might be looking for
  • Can be a little overwhelming to those that are just looking to use one particular function
Thanks to Workday our company now has one solid and robust HR package that governs all things HR in one platform in one cloud-based system. It's very easy to use and navigate and helps individual users all the way up to our top executives manage tasks related to their job easily and efficiently. It effectively helps all employees manage their goals quarterly and provides an excellent tool to receive and give feedback along with assisting managers in reviews of those individuals. From a company-wide perspective, it's been a great budgeting tool and has been extremely helpful with our long-term financial planning and analysis.
Score 8 out of 10
Vetted Review
Verified User
Review Source
We currently use [Workday Adapting Planning] as our sole planning tool in FP&A. We have all our budgeting and forecasting in [Workday Adapting Planning]. We partner with other departments to get their insights for the forecast, but we are the only group that actually uses the tool.
  • Cloud Native
  • Intuitive
  • Flexible
  • Easy to adapt
  • Adding additional departments/regions after implementation is a pain
  • I don't love how multi-currencies works
  • Drill down is clunky
  • Performance slows down as you grow your instance
Overall I really like [Workday] Adaptive Planning, and I would recommend it. I love the flexibility of the tool, and it's relatively intuitive. I think it is easier to learn than most planning tools which enables you to implement quicker and ramp new users faster. It's relatively easy to add new models or forecasts to the instance, which is nice for growing companies. I have noticed the instance has had some performance degradation as we've grown, so that would be one thing that has been frustrating. Overall I think it's a great tool, though, and I would purchase it again.
Brian Goldrick | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
Workday Adaptive Planning is being used by our entire company. The admins of the system are on the financial planning and analysis team. Each budget owner goes in to fill out their department's budget first, which is then reviewed by the FP&A team/CFO and there are typically three iterations of going back and forth on the requested options. This is way better than how we previously budgeted, which was on an Excel spreadsheet.
  • Forecasts very easily
  • Setting up formulas to auto populate certain areas makes it much easier for budget owners to fill it out.
  • Collaboration between the FP&A team as well as the budget owners is all done within Workday Adaptive Planning rather than through team messages or emails. Much more efficient.
  • There have been some issues with the mapping between Workday Adaptive Planning and our accounting system, Intacct, that has required additional support beyond what we were able to do in house.
  • Some of the formulas break due to budget owners not knowing what they are doing. This has been fixated with updates to Workday Adaptive Planning over the years but it still pops up every once in a while.
  • Better reporting functionalities.
I think the system has come a long way in the 4+ years we have used it and it continues to get better and better with each update that comes out. I think there are still some areas for improvement (reporting, locking down cells, etc.), but overall I would recommend this to colleagues.
Score 10 out of 10
Vetted Review
Verified User
Review Source
I currently work as an implementer of Workday Adaptive Planning for our clients. I see Workday Adaptive Planning being used by teams in order to improve their budgeting and planning processes. Many of my clients come from an Excel format for their planning process but are implementing Workday Adaptive Planning to automate many of the manual processes that currently have to happen in their Excel modeling. Adaptive is also used for its robust reporting abilities! Many clients that we work with are using Workday as their ERP so they connect the two systems through the Power of One to get real-time actuals data from the ERP into Workday Adaptive Planning.
  • Robust budgeting and planning sheets that allow for customizable modeling depending on the needs and area of the business
  • Web reporting out of Workday Adaptive Planning is great and is very user friendly
  • Integrations into different ERP systems, especially Workday
  • The Integration between Workday Adaptive Planning and NetSuite is difficult to get up and running. It functions well but is more complicated to set up than other ERPs.
  • Creation of sheets and normal maintenance is easy to use but can be a very complex process for those unfamiliar with how Workday Adaptive Planning works. Training is a must!
  • Lacking functionality in automating the multi-currency conversion process
Businesses that are in a pre-IPO or IPO stage. Workday Adaptive Planning is a great add on for any team that is already using Workday Financials or Workday HCM. Teams that have a complex planning process that is very manual in Excel are great candidates for Workday Adaptive Planning.
Adaptive support is typically very responsive and able to resolve most issues that happen in the system. I would highly recommend that teams new to Workday Adaptive Planning either have a support contact signed with their implementation partner or hire an individual who can help to maintain and support the system for users.
Score 9 out of 10
Vetted Review
Verified User
Review Source
We had Workday Adaptive Planning due to the problems we were having with the company's financial performance, which evoked the manual planning management that we had been doing, which was less effective and more costly.
  • Ability to create customizable reports based on employee requirements.
  • Simple and ergonomic interface that allows easy location of each tool, all in a single view.
  • Each employee can get their expense summary and based on this do better resource planning.
  • Real-time cost and expense planning.
  • Ability to break down all monetary movements generated in the company.
  • Allows us to create cost scenarios where we can identify factors that may affect us in the future.
  • It is not possible to copy items between tabs, causing obstacles in the work.
  • Reports should be more complete and customizable.
  • It is complicated to import spreadsheet files without having to make modifications beforehand.
Workday Adaptive Planning distributes the resources of medium and large companies so that they can be more usable. It is based on business planning through data analysis to help people expand their knowledge and sharpen the effectiveness of scheduled tasks.
With Workday Adaptive Planning we were able to find a lot of helpful information in their forum center; however, the customer service has a lot of quality, the email response is fast, and they always proved to have a solution to each of the problems.
James Egan | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
Workday is used by OVO across the whole organisation to silo all of the relevant HR information for each and every employee. It is a centralised hub that allows a user to be able to log in at their pleasure and view any and all important documents pertaining to their employment.
  • One stop shop for employee and employer information.
  • Ability to ask for, view and give colleague feedback.
  • Ease of use, easy to navigate.
  • Easy to download important documents.
  • Some overlap between areas can be confusing for a new user.
  • Logging on from a new device can be a bit fiddly.
  • At first the time off scheduler can be a bit confusing.
I would say that Workday is great for day to day use by employees as it is a centralised hub where they can access everything that they may of before needed to contact HR for. It may not be suitable for smaller businesses as they may not need it's powerful functionality.
I don't really deal with the support from an integration point of view, but I feel that the user documentation could be better and easier to understand.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We purchased Adaptive Insights three months ago and are currently still in the implementation phase. We have our PnL currently up and running but it is our intention to build a full three statement model in Adaptive. The very intuitive interface allowed us to progress quickly with the implementation. At this moment all of our users are from the local finance teams but as we progress with the roll-out of our functional budgeting we will give other departments viewing and reporting access as well.
  • A very intuitive solution from a budget contributor point of view. The sheets are clean and the drag and drop functionalities make it easy to get started.
  • The many different custom dimensions and attributes make it easy to slice and dice the data to your liking.
  • The Adaptive logic is different than the Excel logic so it does require you to revise your current Excel models to bring them onto the platform.
  • We are still trying to figure out if, and how easy it is to bring more complex models to Adaptive (predictive modeling, Monte Carlo simulations etc).
I believe Adaptive Insights is a great solution to make your overall budgeting and planning process more structured, efficient, and less error-prone. The sheets are clean and easy to get started. Version control is a big advantage compared to regular excel files. The workflow planning allows you to assign specific tasks to different users to keep track of your overall budgeting cycles. What we have not implemented yet are more sophisticated predictive models like regression models and/or Monte Carlo simulations. We are still trying to figure out what the possibilities withing Adaptive are.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Workday Adaptive Planning is used across our entire organization. Department heads and brand presidents have access to track their financial data. In addition, we use Workday Adaptive Planning to create our budgets. Our marketing department uses the system to track their forecast.
  • Ease of use
  • User friendly
  • Financial modeling
  • Budgeting
  • System updates completed during budget season. This causes issues every year for us.
  • The system does not handle multiple exchange rates very well. This causes issues for the equity section of our balance sheet.
Workday Adaptive Planning is well suited for budget planning. This is one of our favorite uses for the system besides our monthly financial tracking.
The support team is typically quick to answer any inquiries. Any time I have had to contact the support team, they are extremely knowledgeable of the system and quickly answer my questions.
Krishna Singh | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
Workday Adaptive Planning was implemented for our organization 3 years back, and we support this now to help user adapt new upgrade and enhancement and much more. I worked and implemented many other planning systems for other client but I would say Workday planning is to implement if you have good knowledge on Adaptive and F,P & A process, its really helpful, easy, cost effective, and save lot of time.
  • I like the flexibility to create different sheets
  • I like the flexibility to create different dashboards
  • I like the flexibility to create reports
  • You can connect any system using integration
  • Easy to adapt and learn
  • cost effective
  • More you can focus on process then tool
  • I am completely satisfied that this tool can be used with either the smallest or largest organizations (yes, it's that good). as I worked on many other tool
  • the tree structure makes it very difficult to scroll through report
  • integrations between other system need to be streamline
Customisation of web pages and products - the Robust option enables us to manage many iterations, which we can then compare across multiple platforms with an ability to grow and differentiate, resulting in an expanded feature set of future scenarios.
Computer processing speed - 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.
continuous audit trail - One of the primary advantages of using Change Tracker is the real accountability that is displayed when seeing who has modified which files, which allows for an easy internal controls and auditing.
Marvin Hartsfield | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
[Workday Adaptive Planning is used] as the primary tool for budgeting and forecasting for the Finance department. Also used to track KPIs across the organization. All comparisons vs a budget are done with Adaptive.

Reporting is done using the office connect tool in both Excel and PowerPoint. Reporting is done from the board level to the individual department level.
  • Organizes a large amount of data in a very accessible way.
  • Easy to change or modify formulas
  • Easy to learn and implement.
  • Formatting and display options for dashboards are limited.
  • Scenario planning is hard to carry from one version to the next.
  • Reporting has limited formatting options.
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.
I have had minimal need to interact with the support team.
Tony Phan | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
Workday is used as the backbone of HR management in my organization. It is used from the day employee is hired till the day that employee resigns. Request for salary payment details are also being done here. In addition, development module is integrated with workday making it easy to set goals & achieve your goals through your career.
  • All in one portal related to HR details that you need to know in your organization.
  • Integrated goal/development feature that will help you in your career.
  • Requesting annual leave is extremely easy, no more emails requesting leaves.
  • Sometimes a lot of functions causing confusion, might need to set guide/help card for new employees to get used to.
I would absolutely recommend this to any of my colleagues. In fact, many of them are already using it. It is making HR related things in your organization so easy. From the stage that you are applying for the job (through Workday) to the day that you are onboarding and Workday will keep helping you throughout your journey in the organization that is using it.
If you get locked out of your account, it is easy to reset your password and get access to your account again. I have not encountered any major issue that needs take support to do live support on it. However, everything can be found in FAQ section and topics discussing on How-To are widely available.
April 16, 2021

Outsanding Solution!

Brad MacDonald | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
As a growing company, we needed to shift from Excel-based budgeting/reporting models to a much more capable (and sophisticated) model. We selected Adaptive based on the tool's capabilities, the fact that it's cloud-based (SaaS), and easily scalable. We deployed Adaptive for all budget owners within 3 months of making our decision.

Using Adaptive, our budget owners and executives now have a much better (and faster) view of our financials, as well as allowing the finance team to spend time on analysis/insight.
  • Overall structure of the model is both powerful and simple. Accounts and levels (legal entities/cost centers) drive the overall data structure. Once this principle is firmly understood, the tool is quite easy to understand from an implementation and administrative perspective.
  • Customer support is outstanding. Even though we're a small company, Adaptive doesn't recognize that (or care). I've had conversations with a variety of their team members on a number of different topics, and they are very good at supporting our company.
  • Reporting tools are world-class. It's nice that you can have a best-in-class planning system, but without equally strong reporting tools, it really doesn't mean much. Adaptive's easy-to-build reports are both flexible and powerful.
  • Administration is easy. Helpful tools to make your system secure.
  • Our biggest challenge is that more people want the tool than we (originally) budgeted for. (This really isn't a con, but be aware that if you're moving from an Excel-based manual model, people will be really hungry for this type of tool/application.)
I am completely satisfied that this tool can be used with either the smallest or largest organizations (yes, it's that good).
Their support infrastructure is world-class. Of course, they have a team that responds directly to issues/questions, but they also have an ecosystem of support (blogs, user forums) and training (in fact, they're training modules are some of the best I've seen).
Warren Sampson | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Workday Adaptive Planning to create a detailed financial plan for our entire company. The userbase includes Sales, Operations, Finance, and HR. In addition to using Adaptive to develop a bottoms-up financial plan, starting with sales volume/revenue, detailed labor planning, cost of goods sold modeling, we use Adaptive to pull financial results from our ERP system (SAP) and report on Plan vs Actual performance.
  • 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.
  • Variable Time Roll-ups. Different entities within our company look at "years" differently, but we're only able to specify one global time roll-up for aggregating data quickly, which can lead to some confusion.
  • Administrative UI. Management of Access Rules and ordering sheets from an administrative point of view can be a bit tedious and have received less attention than other features recently.
  • List Sheet Reporting. Any sheet that is a variable list of things (like People, Capital Projects, Marketing Programs) is somewhat constrained in how it can be reported on. Adaptive provides two kinds of reports but both leave something to be desired when reporting on this kind of data.
Workday Adaptive Planning is an extremely flexible foundation to model almost anything. We've found ways to build detailed models that give the planners and management at the company valuable insights into how each department is planning for the future, thus providing management the information they need to shift course if necessary. Generally its reporting is robust but it's not a substitute for Business Intelligence tool.
We get strong and timely support when a ticket arises. The team that helps us is friendly and responsive.
Score 9 out of 10
Vetted Review
Verified User
Review Source
We use [Workday] Adaptive Planning for our yearly budget process and our monthly forecasting process. It allows our team great flexibility with both of these processes and has moved us out of the age of Excel and into a online Platform that helps eliminate data entry or formula errors. Not only can we report/forecast on GL balances we also have many custom accounts we do this process for as well. The ability to load detailed historical data is a great feature of this product as well.
  • Quick ability to update formulas and see the updated outcomes
  • Very nice to have ability to have multiple versions and compare them against each other
  • Love Office Connect, total game changer for Excel users
  • Need the ability to move items within Dashboards from tabs or even other Dashboards
  • More graphing abilities within Dashboard
  • Enhance Matrix Reporting
[Workday Adaptive Planning is] great for forecasting OPEX items in the banking industry but not so good for ALM items
Enjoy using sheets, could have more training available for planning ideas
Score 10 out of 10
Vetted Review
Verified User
Review Source
Workday Adaptive Planning is mostly used by our finance team. However we expanded it to accounting, the data BI team, investor relations, and budget owners. Finance uses it for its typical duties: balance sheet and income statement forecast, OPEX variances, headcount and req tracking, close and board meeting dashboards etc. Accounting uses it to view financial statements on the fly from different angles (by function, by location, department, etc.). The BI team pulls data to create advanced dashboards on their end. Budget owners can view their vendor forecast and spend, view their headcount, reqs, etc.
  • Ease of administration (one or two people can handle it versus a whole team plus IT)
  • Keep adding really cool features every quarter
  • Integration with Workday HCM
  • Integration and customization with ERPs, data warehouses, CRMs
  • Great customer support--very knowledgeable, efficient, friendly, and fast
  • Approachable staff--you can reach out easily to PMs and provide and get feedback
  • Office Connect became dynamic (updates of structure, drills, grouping, exclusions, etc.)
  • Data mapping feature to overlay or fix mappings from feeding sources
  • Small bugs after new releases (but always solved very fast)
  • Could use some enhancement on UI side (but they have great improvements on the roadmap)
  • Copy to or from sandbox is done via request to support; it would be great to have an automated, on-demand way by admins
I have been a user, then an admin, and then implementor of Workday Adaptive Planning. Some people are still stuck in an Excel mindset and can find it cumbersome in the beginning, but once they grasp the logic of Workday Adaptive Planning, they start to appreciate the ease of adding new data, adding new dimensions to slice and dice data better, and generating reports and dashboards super fast. It will make headcount and OPEX variance analysis way easier. You can create all kinds of dashboards for all kinds of audiences (non-finance people, budget owners, board, execs, HR, accounting, etc.). You can even set up separate instances for advanced revenue forecasting and advanced sales commissions planning. Integration with Workday HCM makes the whole headcount recon process a breeze (from a budgeted request to a hired employee). I'd conclude by saying that to get optimal results, advanced training of users and admins is the key.
Amazing support. I love them. They are super efficient, very knowledgeable, fast, and friendly.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Adaptive as our main reporting tool to create reports for senior management and the board of directors (Finance). Our budgeting tool to create the annual budget. Last year, we rolled out user licenses and budget managers were able to sign in to enter their own budgets and review reports (whole organization). Used for our quarterly and ongoing forecast updates, scenario analysis, GM analysis, and any ad-hoc reporting (finance).
  • Reports: Makes beautiful, reliable, and easy to run and customize reports in Office Connect.
  • Ability to run multiple complex scenarios and then easily produce reports comparing those scenarios.
  • Salary and headcount forecasting.
  • Foreign exchange: Works ok for the income statement, but the balance sheet has been a huge challenge and still has many issues.
  • Usability for end-users: Input sections are not clear and the only way to see roll-up is by running a report in a separate section.
A great budgeting tool. Once everything is up and running we really only need to add in any incremental changes from the previous year. The reporting tool Office Connect is the best I have ever used. Less appropriate for multi-currency, multi-entity organizations and there needs to be an easier way to receive user inputs.
Customer support is great. They have always been very helpful.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use it across the company for budgets/forecasts. The department owner is responsible for entering their own budgets, aside from personnel, into the model. It replaced a system that did not work.
  • New hires.
  • Personnel planning.
  • Detailed expense planning.
  • Integrated balance sheet, income statement and cashflow.
  • Allocation functionality is cumbersome since every time you want to make a change you have to recreate the allocation (i.e. if you need to add or delete a dept in the allocation).
  • Whenever we go into a saved locked version, instead of being at the top level, the system opens the next time at the dept level, even if you have never opened any sheets at that dept.
It is working well for us so far. We implemented expenses in detail in the beginning and are now working through revenue/booking integration with NetSuite along with the integration with Workday for personnel.
We use outside consultants (Carlson Management Group) and they have been terrific business partners. June 2021 will be 2 yrs since we signed with them and we are still actively engaged with them.
March 11, 2021

Great planning tool!

Score 9 out of 10
Vetted Review
Verified User
Review Source
Adaptive Planning is used by FP&A for financial planning for the whole organization. It addresses the core business problem of having a single point of truth for financial and operational plans. It is dynamic and enables scalability as you refine the model to include more drivers. The real value comes from linking connecting models so a change in one part of the business automatically updates financial projections for a different function (i.e. hiring impacts tech costs).
  • Forecasting
  • Version control
  • Ease of use
  • API
  • Transactional models (i.e. performance limitations with mass data forecast models +1MM rows).
  • Management reporting allocations.
Adaptive is a fantastic tool for any company still in spreadsheets. The transition to the cloud is made easy by Adaptive and the time to value is relatively low. The real value becomes apparent once the foundational model is set and you build incremental, linked models in the cloud. Real-time updates will impact various parts of your financial forecast and the forecast cycle is greatly shortened. Adaptive is not as suited for big data models at this time but is making progress in supporting this type of forecasting.
Support response time is always within 1 day which compares well with other cloud vendors we interact with daily. Support is facilitated via email/form, an upgrade would be a chat option within the tool for more real-time troubleshooting.
Score 9 out of 10
Vetted Review
Verified User
Review Source
The Adaptive Planning tool is been used by FP&A department & sales - FP&A use it for budgeting and forecasting purpose - Sales use to for QAM purpose.
It addresses mostly all the problems related to Headcount & other spend - like capacity planning, Allocations, productivity, retention, etc.
  • Versioning/scenario analysis - It is so easy to run scenario analysis and compare live the changes - And one can preserve the data for different scenarios and can compare any number of version against each other in minutes.
  • Formulae creation is so easy - everyone can work on Adaptive as it's more or less Excel - creating new accounts and writing formulas has never been this easy.
  • Very user friendly - It's very straightforward.
  • Actuals - if the company restate the actuals - and if that version is overly in the locked version - it changes the locked version id we updated the new actuals - It would be great if there is some way to preserve the forecast version without creating a new actual version.
  • The audit trail for the forecast changes - if that can be added it will be great.
  • Personnel sheet filters - it's very time consuming that we have to make the change and save it every time- before when we use the filter we use to get to that row/cell and still could see full sheet & were able to save after doing bunch of changes but this new way makes it mandatory to save after every change, very time consuming.
It's very well suited for almost any company - because it's like Excel you can create any model you like - the only caveat is you should know what you want very clearly - it's very dynamic.
The only place I would say it need work is the restatement of actuals - it changes any locked version using actuals as the overlay.
It's been always good - they respond very quick within 24 hours and if something is urgent they respond very quickly.
Dmitry Zaichenko, MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
Columbia Helicopters utilizes Workday Adaptive Planning in all budgeting, forecasting, reporting, dashboarding, and financial analysis processes. We conduct monthly cost center reviews [and] quarterly reforecasts with department heads responsible for entering all changes. [The] system is easy to use and organization-wide adoption has been really smooth. Quarterly software updates have kept the software running while introducing new features both visual and technical.
  • Report creation and sharing is easy and quick.
  • Planning with multiple different dimensions, attributes and timeframes can be set up and compared seamlessly.
  • Automated actuals import is well developed and allows for more analytical work and not data input.
  • It is not a true BI solution.
  • Workflow feature needs improvement.
Workday Adaptive Planning is great for both top down and bottoms up planning. We are also able to set the time level granularity as well as GL account level to which we plan and roll up actuals for comparison. We use Workday Adaptive Planning for headcount, P&L, Cash Flow, BS and Dashboards along with all monthly, quarterly and yearly reporting.
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.
October 13, 2020

Adaptive Insights Review

Score 9 out of 10
Vetted Review
Verified User
Review Source
Adaptive Insights is currently used in our finance department to help plan, budget, and forecast for our company. Ultimately, it helps us as we work with the business leaders to track expenses as they come in. We review expenses each month and compare our budgeted numbers to actual numbers with our business leaders to identify the reasons behind any variances.
  • It is much nicer than having Excel because you don't have to worry nearly as much about breaking formulas.
  • It enables analysts and business partners to plan together by both having access to the same numbers in the same software thus reducing confusion and helping to keep everyone on the same page.
  • It helps a lot with reporting and doing analyses on budgets vs. actuals.
  • I wish that there were a way to select multiple levels when viewing sheets instead of having to build a report.
  • It would be nice if there were slightly more access controls so that different analysts could see the headcount for their groups without giving them access to the entire company's headcount data.
Adaptive is great if you have been using Excel models as a small company, and you're looking for a software to help build financial models that can more easily grow with your company. It might not be the best option if you are an extremely large corporation as we've discovered that it can slow down substantially if sheets have too many rows. For example, if you are a company with several thousand employees, I don't think Adaptive is currently robust enough to support all of your data and planning.