Item: Workday Adaptive Planning
Rating: 9
Author: Verified User

Use Cases and Deployment Scope

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.

Pros and Cons

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.

Return on Investment

Adaptive has had a huge positive impact in my opinion on our overall business objectives. We use it everyday to help our business partners run their business and understand their budget.
It's also had a positive impact by being able to be integrated with other systems our company uses. For example, we have it integrated with NetSuite and Salesforce so that we can import data to assist in planning as well as budget vs. actual analysis.

Key Insights

Do you think Workday Adaptive Planning delivers good value for the price?

Yes

Are you happy with Workday Adaptive Planning's feature set?

Yes

Did Workday Adaptive Planning live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Workday Adaptive Planning go as expected?

I wasn't involved with the implementation phase

Would you buy Workday Adaptive Planning again?

Yes

Alternatives Considered

I haven't evaluated any other tools at this point as Adaptive was already in place at my company when I started this job.

Other Software Used

Domo, NetSuite, Coupa

Likelihood to Recommend

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.

Adaptive Insights Review

Overall Satisfaction with Workday Adaptive Planning