Workday Adaptive Planning

Workday Adaptive Planning

Customer Verified
Top Rated
About TrustRadius ScoringScore 8.2 out of 100
Top Rated
Workday Adaptive Planning

Overview

Recent Reviews

Great product when properly trained

10
January 12, 2022
I use Adaptive Insights for mainly budgeting purposes and running monthly budget vs actual reports. It has helped the company dramatically …
Verified User
Manager in Finance and Accounting
Health, Wellness and Fitness Company, 1001-5000 employees
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Finance

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 …
Fidel Botchway | TrustRadius Reviewer
Fidel Botchway
Manager Information Technology Support
Compassion International (Non-profit Organization Management, 1001-5000 employees)
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Solid and intuitive planning solution

10
May 10, 2021
We purchased Adaptive Insights three months ago and are currently still in the implementation phase. We have our PnL currently up and …
Verified User
Analyst in Finance and Accounting
Food & Beverages Company, 5001-10,000 employees
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Awards

TrustRadius Award Top Rated 2022
TrustRadius Award Top Rated 2021
TrustRadius Award Top Rated 2020

Popular Features

View all 45 features

Forecasting (154)

9.3
93%

Financial budgeting (159)

9.0
90%

Long-term financial planning (149)

8.7
87%

Management reporting (159)

8.7
87%

Reviewer Pros & Cons

View all pros & cons
Verified User
Director in Corporate
Financial Services Company, 201-500 employees
Verified User
Manager in Finance and Accounting
Health, Wellness and Fitness Company, 1001-5000 employees

Video Reviews

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Pricing

View all pricing

Entry-level set up fee?

  • Setup fee optional
For the latest information on pricing, visithttps://www.adaptiveplanning.com

Offerings

  • 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

9.3
93%

Ad-hoc Reporting

8.0
80%

Report Output and Scheduling

8.0
80%

Data Discovery and Visualization

7.7
77%

Access Control and Security

9.0
90%

Mobile Capabilities

8.5
85%

Budgeting, Planning, and Forecasting

8.8
88%

Consolidation and Close

7.7
77%

Financial Reporting and Compliance

8.4
84%

Analytics and Reporting

8.3
83%

Integration

8.1
81%

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 Salesforce.com, 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

Consumers0%
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

Comparisons

View all alternatives

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.

Reviews and Ratings

 (291)

Ratings

Likelihood to Renew (34)

9.1
91%

Usability (95)

8.7
87%

Availability (20)

6.4
64%

Performance (10)

9.1
91%

Support Rating (42)

8.0
80%

In-Person Training (1)

8.2
82%

Online Training (7)

9.1
91%

Implementation Rating (45)

9.1
91%

Data Sharing and Collaboration (17)

7.5
75%

Data Sources (17)

7.6
76%

Product Scalability (8)

9.1
91%

Reviews

(1-13 of 13)
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March 08, 2016

I will seek out companies using and/or considering Adaptive whenever I make my next career move!

Verified User
Manager in Finance and Accounting
Farming Company, 1001-5000 employees
Score 9 out of 10
Vetted Review
Verified User
Review Source

Data Integration

9

My specific rating is related to our automated connector between Great Plains and Adaptive. We went through a implementation project with two Adaptive representatives. Our implementation was not clean-cut, but I had a great experience with both consultants.

With the connector implemented, we have a nightly load of actuals scheduled, so I have updated financials when I get to the office. If I need to manually run the connector for updates during the day, the entire load takes about 10 minutes, so this is not prohibitive.

As a comparison, before the connector, it would take almost a full day to pull all 8 instances out of Great Plains, consolidate the data, manipulate the data, load the data and tie the data out. This has saved me a significant amount of time and make our reporting much more flexible and real-time.

December 21, 2015

Adaptive Insights - My thoughts after a year of use.

Thom Keyes | TrustRadius Reviewer
Thom Keyes
Director of Financial Planning and Analysis
HireVue (Computer Software, 201-500 employees)
Score 9 out of 10
Vetted Review
Verified User
Review Source

Data Integration

10
So, we are directly connected to our GL system NetSuite. The integration is great. We do some flat file uploading but minimally at this point. I have found that as long as we are using fairly standard fields on both side of the integration we have almost no problems. I have not tried any other data integrations that are available.
November 19, 2015

We're all in with Adaptive!

Verified User
Manager in Finance and Accounting
Environmental Services Company, 51-200 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Data Integration

10
It is easy to bring data into Adaptive Suite, after setting up the mapping process. Data can be brought in very easily from a flat file. Any type of data can be loaded from ledger to transactions, to statistics and detailed line items to build sales and costing models.
September 23, 2015

Insights into Adaptive Insights

Verified User
Manager in Finance and Accounting
Museums and Institutions Company, 201-500 employees
Score 8 out of 10
Vetted Review
Verified User
Review Source

Data Integration

9
We've had help from a consultant in setting up our data sources. I don't think it was something we could have done on our own. That being said, it has been a good experience, and we have been able to bring in data quickly. We bring in data from two sources: our HR system and our general ledger.