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Heavy Adaptive User. Wouldn't think of switching
March 25, 2021

Heavy Adaptive User. Wouldn't think of switching

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Adaptive Planning

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.
  • Made our forecasts much more sophisticated.
  • Makes reporting much easier and ad-hoc reports much easier.

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?

Yes

Did implementation of Workday Adaptive Planning go as expected?

Yes

Would you buy Workday Adaptive Planning again?

Yes

I've only used Excel in the past for budgets and clunky reporting tools for making reports or tools that were too complicated for a non-IT user to manipulate. With a finance background, I find the tool easy to use and manipulate and the possibilities are endless.
Customer support is great. They have always been very helpful.
I haven't used any alternatives.
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.

Workday Adaptive Planning Feature Ratings

9.2
Long-term financial planning
6
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
6.2
Financial data consolidation
6
Journal entries and reports
Not Rated
Multi-currency management
6
Intercompany Eliminations
Not Rated
Minority Ownership
7
Local and consolidated reporting
7
Detailed Audit Trails
5
9.2
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
8
XBRL support for regulatory filing
8
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
8.7
Flat file integration
10
Excel data integration
7
Direct links to 3rd-party data sources
9
BI Standard Reporting ()
Not Rated
Ad-hoc Reporting ()
Not Rated
Report Output and Scheduling ()
Not Rated
Data Discovery and Visualization ()
Not Rated
Access Control and Security ()
Not Rated
Mobile Capabilities ()
Not Rated