Workday Adaptive Planning Review.
December 09, 2024

Workday Adaptive Planning Review.

Alfonso J. Díaz Manrique De Lara | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Adaptive Planning

At the University of Washington, we can engage multiple stakeholders to perform their FP&A functional operational work and participate in other projects that extend beyond Adaptive Budgeting data. By utilizing Integration Management, we can create APIs with Adaptive data, allowing for bidirectional inbound and outbound transfer of strategic data to external applications. This supports initiatives that are broader than just Adaptive, all while leveraging the Adaptive platform to drive the technology behind these projects. Adaptive is a versatile tool, akin to a Swiss Army knife, enabling various applications.

Pros

  • Data Transformation within Integration Management.
  • Modeling Complex FP&A Consolidated Financial Statements across any industry.
  • Story telling the number across HTML, OfficeConnect, and Active Dashboards.
  • Active Dashboards.
  • Anomaly Detection (Outlier Reporting).
  • Unified Access Management (one Security Model).
  • Power of One.
  • RAAS reports with Prism Analytics.
  • RPA Orchestrator configuration.

Cons

  • Data Volume for Large Enterprises (memory consumption on Loaders/instance).
  • Robust Dashboard functionality.
  • Cube Limit of 15k rows.
  • OfficeConnect.
  • EIP
  • Visibility across all consolidated cost centers in a single-source-of truth.
  • Reduced Planning Cycles.
  • Data Integrity
Not yet.
Single source of truth.
From using the application for 9 years.
Better than all 3.

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

Adaptive is the best holistic EPM tool if you invest in and upskill your Team to truly adopt the Power of One.

Workday Adaptive Planning Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
6.4
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
3
Automated board and financial reporting
6
XBRL support for regulatory filing
3
10.0
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
8.0
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
5
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

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