Overall Satisfaction with Workday Adaptive Planning
[Workday Adaptive Planning is used] as the primary tool for budgeting and forecasting for the Finance department. Also used to track KPIs across the organization. All comparisons vs a budget are done with Adaptive.
Reporting is done using the office connect tool in both Excel and PowerPoint. Reporting is done from the board level to the individual department level.
- Organizes a large amount of data in a very accessible way.
- Easy to change or modify formulas
- Easy to learn and implement.
- Formatting and display options for dashboards are limited.
- Scenario planning is hard to carry from one version to the next.
- Reporting has limited formatting options.
- Allows us to do a detailed forecast with minimal staffing.
- Quicker turnaround time on board reporting
- Increased the number of KPIs we can track.
Do you think Workday Adaptive Planning delivers good value for the price?
Are you happy with Workday Adaptive Planning's feature set?
Did Workday Adaptive Planning live up to sales and marketing promises?
Did implementation of Workday Adaptive Planning go as expected?
Would you buy Workday Adaptive Planning again?
Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
We did some analysis of Anaplan, but it seemed they were built for much bigger companies. It did not seem like we could implement and maintain Anaplan without significant IT support, which was one of the main goals of the project. Anaplan did seem like it could have more capabilities, but the amount of work we would have to do to successfully set up and maintain the system seemed extensive and hard to achieve.
Workday Adaptive Planning is extremely well suited to the typical finance budget, forecast, actual reporting cycle and makes it easy to do every monthly forecast at the same level of detail as an annual plan. It takes a lot of pain out of the reconciliation of headcount variances and that type of thing.