Adaptive for Credit Unions
March 30, 2021

Adaptive for Credit Unions

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Adaptive Planning

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.

Pros

  • 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

Cons

  • Need the ability to move items within Dashboards from tabs or even other Dashboards
  • More graphing abilities within Dashboard
  • Enhance Matrix Reporting
  • Has given us the ability to move forward with our business venture with no hiccups
  • Allows scenario modeling which is critical in strategic planning

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

Easy to use, hard to write formulas
Enjoy using sheets, could have more training available for planning ideas
[Workday Adaptive Planning is] great for forecasting OPEX items in the banking industry but not so good for ALM items

Workday Adaptive Planning Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10

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