Workday Adaptive Planning

Vorteile

It does everything and FP&A team could ever wish for.

Nachteile

It takes quite some time and training to learn how to use.

Vorteile

Workday allowed us to do all of our financial planning in one central hub. We can easily budget, generate financial statements, and run many different what if versions for all revenue and budget scenarios. Super user friendly for all planning options!

Nachteile

It was slightly tough to implement and get things started in the system, just very different than other financial planning tools I’ve worked with. Once you get it implemented, everything is smooth sailing!

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Vorteile

For what I used it is very good for forecasting and integrating things such as SAP.

Nachteile

I required extensive training to achieve this, can be complex

Vorteile

Use it for accounting purposes both domestic and imports in our retail company. It is more intuitive and flexible to configure compared to our previous software PeopleSoft.

Nachteile

It's proprietary so integrating into our internal tools is challenging.

Vorteile

I mainly used workday when I was working for FedEx. It was useful when organizing bank statements and schedules. Keeping up with benefits and Tax information was a plus as well.

Nachteile

The only thing I had an issue with was after the update of the workday; there was not a clear enough explanation of how to navigate the apps. The new dashboard shows you everything on the main screen. You still needed to somewhat navigate through the site yourself and figure things out on your own.

Vorteile

It looks nice, and it theoretically should have capability to use data year over year. That would be nice, for the future.

Nachteile

It's hard to use, understand, navigate, and figure out what is going on. For an onsite team member doing data entry, it's just way harder than it should be in my opinion.

Vorteile

1. Easy to adapt , manage and built our own dashboard for end users based on data.
2. It is extremely good and wonderful for managing and creating reports in seconds.
3. Quick and easy implementation.
4. Extremely reliable and we have never seen this kind of performance , no latency noticed till now.

Nachteile

1. Little disappoint with customer care support and timeline.
2. User management is completely manual.

Vorteile

It is easy to schedule training. All our associates training is scheduled in workday.

Nachteile

I liked the everything about workday adaptive planning.

Vorteile

It's a great product for reporting purposes within the industry. The office connect add on for excel is really helpful and makes it very easy to switch between different dimensions of data and dissecting.

Nachteile

Tool works well but there are gaps in terms of functionality around cost allocations and the way it uses master data elements.

Vorteile

I really appreciate the scalability & connectivity features the software offers. I also love that it integrates AI to help us stay on top of budget trends.

Nachteile

I have yet to find a drawback with the software.

Vorteile

A very good corporation management website.

Nachteile

I had used workday and i don't seem to have any problems.

Vorteile

Workday was used to help build structure to plan schedules etc.

Nachteile

What I liked least about the workday adaptive planning is that , it does not offer a calendar that can be edited to submit task for that day.

Vorteile

It has great and intuitive features and adapts well.

Nachteile

It is a bit expensive, especially for smaller companies.

Vorteile

Workday is an easy and clear app. We can manage our professional life.

Nachteile

It's not something really essential, but I couldn't close the signs of alerts even when I check the messages, because it is not clear how to do it.

Vorteile

Our employees were used to working with Excel spreadsheets. We considered such an approach not completely effective, so our choice turned next to Adaptive Insights. There are no restrictions on the size of the documents. This program is synchronized with other applications, including such important for us solutions like SAP and Oracle. We like the high accuracy of the reports we can create on the tool’s base. It is also important that all data are in one place and don’t require much effort for their processing and analysis. Adaptive Insights is a multifunctional tool with a robust and well-thought-out suite of features. This application allows our employees to track finances, budgets, sales, resources, and labor contribution. With its help, our company’s managers are also able to collect divergent data, make various kinds of reports, build models, and make optimal business decisions.

Nachteile

It would be better if Adaptive Insights had an opportunity to filter for specific months while working with spreadsheets. This lack of functionality makes our work a bit confusing sometimes. We wouldn’t mind adding more advanced features to the planning tools as well. We believe it would behoove this product if it had several tutorial videos on how to use it to the full extent. Even though we find this tool user-friendly, it doesn’t mean at all that it is so for every company.

Vorteile

Ease of use
Speed (refreshing and processing)
Automatic load of our financial data using a connector
Office Connect - an excel add in that allows me to run my financials in an instant
Adaptive Insights support personnel are amazing! I get a call back very quickly if I have a problem, and I don't feel like I'm being rushed when I ask other questions

Nachteile

The sheets, which display our data across time, would be fantastic if I could add a YTD column anywhere I like.

I would like to see my sheets display some simple graphs, which would allow me to display trends pictorially while reviewing with my customers.

Vorteile

The user-friendly interface, customization, regular updates and wealth of support and information. Reporting is also easy to use and very powerful. One of our main challenges is accurately planning and reporting our allocations. AI makes it easy.

Nachteile

There is nothing I dislike about this software but there are a few things to be aware of. Unless you have 2 people exclusively working full time to set up the instance it will take you much longer than you think. Allow yourself a few months to set it up and know that a full, complete roll-out will probably take a full budget cycle.

Vorteile

This suite of products have changed the way we inform our leadership of the state of our operations each month. We no longer spend days and days preparing dry financials. Now, we are generating useful statements in seconds along with instantaneously seeing that same financial and operational data visualized in Adaptive Discovery in our interactive scorecard. The ease of use, and the level of support are the two greatest things about Adaptive.

Nachteile

The tools do everything we ask of them, and more. The monthly load of data from our GL and the operational data from other source systems being a manual process is my ultimate least favorite thing. We are implementing the Adaptive Discovery connector so that the data will be loaded in the future at the push of a button. That should take care of it, though. I think if I had to identify my next least favorite thing it's probably the high bar that it sets for all of our other reporting from other systems.

Vorteile

I loved the user experience as a whole. The interface feels very modern and as easy to use.

Nachteile

I wish it had more functionalities to easily do project level budgeting.

Vorteile

Workday is aesthetically appealing and easy to navigate. As someone who is not tech savvy I appreciate when things are straight forward and not complicated. On a random note, the very unique logo makes it easy to find on a clutter computer dashboard.

Nachteile

I have been using this software for almost a year and have no complains to share at this time. I truly recommend this product.

Vorteile

Add assumptions one time and all applicable areas are updated.

Nachteile

Version protection could be better. Some changes in assumptions aren't version specific, therefore previously locked versions are affected. This is not good for companies that use prior budget versions for benchmarking purposes. The reporting module could be a little more robust but can give you some nice basic reports.

Vorteile

software is very productive for forecasting and doing deep financial

Nachteile

Learning curve, it's not that easy to learn and you have to get used to the product. Can be more user-friendly and there can be more improvements.
can be expensive for some users.

Vorteile

The software behaves like a specialized version of Excel, however is limited in other areas that requires data to be exported into Excel to analyze more extensively.

Nachteile

The native reporting is not that easy to use, would prefer better canned reporting functionality.

Vorteile

great for budgeting and tracking expenses during month or quarter for large companies, easy to use interface, nice clean layout

Nachteile

way to expensive unless you own cooperate businesses or companies, not suitable for small business owners

Vorteile

Everything you need is right there. Great all in one software. View time off taken, time off requests, paystubs, taxes, ect. Everything is at your fingertips.

Nachteile

Everything is at your fingertips if you can figure out where it is. The user interface is a little confusing at first and navigating the site isnt the easiest.

Vorteile

It is simple in work plan follow up of tasks and team work engagement.
Accurate accounting and bank reconciliation.
Proper prediction and budgeting.

Nachteile

No drawbacks for a while now and it keeps improving.

Vorteile

Seems like it is built similar to the excel spreadsheet model where you can really make it anything you need.

Nachteile

Requires more training at the front end compared to other more robust (and expensive) systems. Doesn't seem to have two-way communication with Sage Intacct with regard to real time data pulls.

Vorteile

With this tool, we have an easy time planning and automating budgets.
It is a great EPM

Nachteile

With Workday Adaptive Planning, no major challenges

Vorteile

Easy to access and navigate and easy for other coworkers

Nachteile

I have nothing bad to say about workday its very easy for me to use

Vorteile

The biggest pro about Workday Adaptive Planning is the easy to use dashboard as it offers a drag-and-drop functionality. This helps with making the dashboard easy to use for people with limited technical expertise.

Nachteile

The only con that I would say is that the advance features within Adaptive Planning have a deep learning curve and can take time to learn.

Vorteile

Very informative and accessible application.

Nachteile

Technical error may cause to bug the application

Vorteile

I liked its very helpful ui system and its various options regarding companies Intregation

Nachteile

Its password protection. It can be change to receive otp

Vorteile

We have all data related to our job in one place where we can work with them and put them to analysis.

Nachteile

The navigation is sometimes hard especially when the dashboard have a lot of information.

Vorteile

It has good functionality and more affordable compared to similar products.

Nachteile

User experience interface can be developed a bit more.

Vorteile

Great backend for hr department, easy to understand.

Nachteile

It can be made little easier for users to impliment.

Vorteile

Once you get familiar with Workday, it is every easy to use.

Nachteile

Figuring out where everything is that I need.

Vorteile

We use Adaptiv for our budgeting purposes. Their importing function makes it easy for users to upload data for analysis. Adaptiv planning has made our budgeting planning easy!

Nachteile

There were a few bugs in the past, but they have been resolved.

Vorteile

Very easy to use reporting and real-time consolidation that helps planning ahead. Mostly used for reporting to high management, and each time it provided fast and amazing solutions. Has lots of features.

Nachteile

Limited customisation and overall pricing could be the only con but works really well with large companies.

Vorteile

Being able to generate reports.Also I liked the monthly and quarterly budgets.scenario plans the use of AI

Nachteile

Takes time to learn but backed with help . It can be a lil difficult but once honed in worth the investment

Vorteile

The architecture is really good. The ability to save the data and propagate it throughout the system was a plus. Additionally, the dimensions in reports and seeing differences between the dimensions were very useful.

Nachteile

The personnel and TBH list were in two different model lists. It is preferred if the employees, titles, etc were dimensions s nice that is the largest expense of our business. The reports by the employee and by account were difficult to use.

Vorteile

As a widely adopted solution in the realm of corporate planning, it offers a range of features aimed at improving financial planning and decision-making

Nachteile

Sometimes it can be complicated but usually ok

Vorteile

Ya que se maneja en la nube es fácil su acceso desde cualquier lugar para cualquier persona, así mismo su gran capacidad de personalización acorde a las necesidades del usuario lo hace un software ideal.

Nachteile

Su configuración puede ser algo complicada al principio

Vorteile

This was a new platform for me, I loved how easy it was to navigate ands start booking time off

Nachteile

No cons found yet, everything seems pretty straight forward.

Vorteile

Very easy to use. User friendly reports.

Nachteile

I guess it was expensive. We didn't have it for very long.

Vorteile

El software Workday Adaptive Planning es de gran ayuda porque es una solución de planificación empresarial que permite a las organizaciones crear presupuestos, pronósticos y escenarios de forma ágil y colaborativa.

Nachteile

Es bastante bueno espero que sigan mejorando.

Vorteile

Puedo realizar consultas de remuneraciones

Nachteile

Algunas veces no reconoce mi clave de usuario

Vorteile

it runs without interfering with other programs.

Nachteile

does not have any issues that I am aware of.

Vorteile

permite realizar planeacion de ejecucion adaptado a las necesidades del ususario optimizando el tiempo

Nachteile

se freeza en muchos casis y se pierde el avance si no se guarda.