Learn why finance leaders are choosing Workday Adaptive Planning for their financial planning and analysis needs, and 96% are willing to recommend it.
What is Financial Planning software?
Gartner defines financial planning software as “the key tool that enables organisations to automate and streamline their enterprise-wide financial planning processes.
“The software supports planning, budgeting and forecasting processes by connecting relevant operational and driver data to profit and loss, balance sheet and cash-flow financial statements. Additionally, the software offers enhanced decision support and analytics that can be customised to unique planning requirements.”
How does Workday Adaptive Planning compare?
The Gartner® “Voice of the Customer” synthesises reviews from financial planning and analysis leaders, to provide insights for decision makers. From an 18-month period ending 31st March 2024, Gartner® Peer Insights published 1,077 reviews and ratings in the financial planning software category.
Based on the overall reviews and ratings, Workday Adaptive Planning was placed in the top right quadrant, indicating it is a Strong Performer on both “Overall Experience” and “User Interest and Adoption”.
Within each quadrant, vendors are listed in alphabetical order. Vendors must meet or exceed the market average score to qualify for this quadrant.
Workday Adaptive Planning was also recognised as a Gartner Peer insights Customers’ Choice for Financial Planning software in 2023.
Workday Adaptive Planning is rated 4.8 on Gartner Peer Insights
On Gartner Peer Insights, Workday Adaptive Planning has been highly rated:
- 4.8 overall rating out of 5
- 80% 5-star ratings and 18% 4-star ratings
- 4.8 in categories of Product Capabilities, Sales Experience and Support Experience, as well as 4.7 in Deployment Experience
- 96% are willing to recommend it
Comparing this with other financial planning software:
- Anaplan has a 4.3 overall rating, with 89% willing to recommend it
- Board has a 4.7 overall rating, with 96% willing to recommend it
- Jedox has a 4.3 overall rating, with 85% willing to recommend it
- OneStream has a 4.7 overall rating, with 93% willing to recommend it
- Pigment has a 4.6 overall rating, with 88% willing to recommend it
Here are some recent individual peer reviews from Gartner Peer Insights, from February to March 2024.
- “I feel like anything I have needed to do to improve my company’s corporate financial model has been achievable directly because of Workday Adaptive. The automation and scalable features, the ability to have custom integrations, and the speed at which any support tickets are resolved are all second to none.”
- “Excellent product, easy-to-build models for the planning and reporting processes without a need for a large in house developer team.”
- “We had been using an excel workbook prior to Adaptive. Adaptive is a huge improvement for us in both collaboration and data accuracy. I’ve been through several new product implementations and this was one of the smoothest. The team seemed to understand what we needed, and any issues were addressed quickly. We worked with the Adaptive team to set up several reports during implementation with no significant issues.”
- “I’ve been working in the FP&A and planning systems arena for over 20 years and am increasingly pleased with the Adaptive product and continually improving user experience.”
When it comes to financial planning software, Workday has been classed as a leader and is highly regarded by customers themselves. Read more Gartner Peer Insights user reviews for Workday Adaptive Planning and learn why over 6,500 organisations globally have chosen it as their financial planning software.
