Making forecasting great again.
June 14, 2017

Making forecasting great again.

Samuel Gibbs, MBA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Adaptive Planning

Adaptive is only used by the finance team at my company although it can be used by the operational org as well. I just find that getting other teams to lean/use adaptive is harder in practice than theory. It is a great tool for forecasting revenue and expenses and is really great at making fast scenario-based forecasts.
  • Very fast. It is fast and easy to change one number and see how it rolls up to the financial statements.
  • Simple interface. Really easy for new people to come in and start using it day one. Still a little much for a non-finance person to use it, but easy for the finance peeps.
  • Poor customer service. We have some complicated problems, but they just haven't seemed super invested in helping us.
  • It has been great to instantly see the results of changing the forecast. Solid ROI.
Adaptive is probably the best financial forecasting software available. Fast and easy to use. They are always making updates to it.
Tech companies are a great fit. Easy implementation and pricing model.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
10
Management reporting
7
Financial data consolidation
9
Journal entries and reports
Not Rated
Multi-currency management
6
Intercompany Eliminations
6
Minority Ownership
Not Rated
Local and consolidated reporting
6
Detailed Audit Trails
8
Financial Statement Reporting
Not Rated
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
6
XBRL support for regulatory filing
Not Rated
Personalized dashboards
6
Color-coded scorecards
6
KPIs
6
Cost and profitability analysis
6
Key Performance Indicator setting
6
Benchmarking with external data
6
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
8