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IBM Cognos Analytics vs. Workday Adaptive Planning

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IBM Cognos Analytics

584 Reviews and Ratings

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Workday Adaptive Planning

362 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Cognos Analytics

    Score6.9 out of 10
    		N/AIBM Cognos is a full-featured business intelligence suite by IBM, designed for larger deployments. It comprises Query Studio, Reporting Studio, Analysis Studio and Event Studio, and Cognos Administration along with tools for Microsoft Office integration, full-text search, and dashboards.

    $10

    per month per user

    Workday Adaptive Planning

    Score7.7 out of 10
    Mid-Size Companies (51-1,000 employees)
    		Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.N/A
    Pricing
    IBM Cognos AnalyticsWorkday Adaptive Planning
    Editions & Modules
    On Demand - Standard
    USD 10.00
    per month per user
    On Demand - Premium
    USD 42.40
    per month per user
    On Demand - Standard
    USD 10.60
    per month per user
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Cognos AnalyticsWorkday Adaptive Planning
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    IBM Cognos AnalyticsWorkday Adaptive Planning
    Considered Both Products
    IBM
    No answer on this topic
    Workday
    Verified User
    Chose Workday Adaptive Planning
    Our previous platform was patchwork tools and unintegrated. We were clunky and poorly organized. The system was slow and difficult to use, and it was either overhaul it or start over. We evaluated our options holistically and went with Workday. It works better and faster, and …
    Incentivized
    Kris Sircar, MBA
    Reporting Analyst in Finance and Accounting at Worldstrides (Leisure, Travel & Tourism, 501-1000 employees)
    Chose Workday Adaptive Planning
    Adaptive has a simplicity of use that allows faster reporting.
    Incentivized
    Verified User
    Chose Workday Adaptive Planning
    Adaptive Insights is well-positioned against the new tier of SaaS players as well as the larger, legacy, on-premise financial planning solutions such as Hyperion and IBM Cognos TM1. Its got an approachable user interface and relatively easy to use models and forecast …
    Incentivized
    Richard Danis
    Director, Finance in Finance and Accounting at Defence Construction Canada (Construction, 501-1000 employees)
    Chose Workday Adaptive Planning
    In our evaluation process we looked at Hyperion and Cognos TM-1. The level of customization and professional services required to implement were significantly higher with these other 2 solutions. Adaptive is much easier to learn and doesn't require long term consultant …
    Incentivized
    Verified User
    Chose Workday Adaptive Planning
    Adaptive is much more flexible and easier to use than most other systems I have used in the past.
    Incentivized
    Verified User
    Chose Workday Adaptive Planning
    Adaptive's cloud-based solution suited our business model better. Its simplicity of use and ease of implementation whilst providing a robust platform made it the best choice.
    Incentivized
    Sandy Arami
    Financial Analyst in Finance and Accounting at Mitchell International (Computer Software, 1001-5000 employees)
    Chose Workday Adaptive Planning
    I have used TM1 and Hyperion in the past and I find Adaptive to be cleaner, more flexible, quicker, and more powerful. It is extremely user friendly and intuitive which means the ramp time for a new employee to feel comfortable and competent with the tool is comparably short. …
    Incentivized
    Brad MacDonald
    Sr. Director, Finance in Finance and Accounting at T2 Biosystems (Biotechnology, 51-200 employees)
    Chose Workday Adaptive Planning
    Adaptive is much more flexible and powerful for our needs. It provides a wealth of reporting tools and capabilities that Cognos simply didn't or couldn't provide. The ability to have a team of one completely implement and manage the solution for a company is not unreasonable …
    Incentivized
    Scott Kirk
    Senior Financial Analyst in Finance and Accounting at Bridge Investment Group Partners (Real Estate, 501-1000 employees)
    Chose Workday Adaptive Planning
    I used IBM's Cognos TM1 with a previous employer, and although TM1 is powerful, it also requires a lot of IT work. Adaptive can be completely supported and maintained by the finance users who use and implement it. It does not require any IT support or maintenance. The …
    Incentivized
    Verified User
    Chose Workday Adaptive Planning
    I've implemented Host Analytics at a previous company. We performed an extensive vendor selection process and Adaptive Insights came out on top. Adaptive Insights allowing us to use a demo helped prove the functionality of the software. Since we've started implementation there …
    Incentivized
    Verified User
    Chose Workday Adaptive Planning

    Cognos - capabilities are very similar. Cognos does allow a "push-down" (e.g. current rollup of Outside Services is $600k, enter $1mm at the highest level and the additional $400k is spread to the lowest level based on the existing spread).

    We also looked at A3 Solutions, Budget …

    Incentivized
    Verified User
    Chose Workday Adaptive Planning
    We selected Adaptive Insights for two reasons:
    1. They are cloud based. With the software being managed on the cloud, we do not need to worry about managing servers, broken data tables, or other back-end concerns. We also don't have to wait for our (already taxed) IT department …
    Incentivized
    Greg Clarke
    CEO in Corporate at ABM Systems (Management Consulting, 11-50 employees)
    Chose Workday Adaptive Planning
    Large Stack Vendors
    Compared with financial planning and reporting offerings from IBM Cognos TM1, SAP BPM and Oracle BPM Suite / Hyperion, the Adaptive Suite offers most of the capability but deploys in around 10-30% of the time and provides total cost of ownership savings of …
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    IBM Cognos AnalyticsWorkday Adaptive Planning
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.0
    106 Ratings
    Workday Adaptive Planning
    9.3
    1 Ratings
    Pixel Perfect reports6.896 Ratings9.01 Ratings
    Customizable dashboards7.3104 Ratings10.01 Ratings
    Report Formatting Templates7.0101 Ratings9.01 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.4
    108 Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    Drill-down analysis7.3106 Ratings9.01 Ratings
    Formatting capabilities7.1107 Ratings7.01 Ratings
    Integration with R or other statistical packages7.874 Ratings8.01 Ratings
    Report sharing and collaboration7.4103 Ratings8.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.8
    107 Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    Publish to Web8.327 Ratings00 Ratings
    Publish to PDF7.0101 Ratings8.01 Ratings
    Report Versioning8.626 Ratings8.01 Ratings
    Report Delivery Scheduling7.0104 Ratings8.01 Ratings
    Delivery to Remote Servers8.112 Ratings00 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    6.7
    98 Ratings
    Workday Adaptive Planning
    7.7
    1 Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)6.893 Ratings7.01 Ratings
    Location Analytics / Geographic Visualization7.189 Ratings8.01 Ratings
    Predictive Analytics6.486 Ratings8.01 Ratings
    Pattern Recognition and Data Mining6.624 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.4
    103 Ratings
    Workday Adaptive Planning
    9.0
    1 Ratings
    Multi-User Support (named login)8.0100 Ratings9.01 Ratings
    Role-Based Security Model7.899 Ratings9.01 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)6.199 Ratings9.01 Ratings
    Report-Level Access Control7.328 Ratings00 Ratings
    Single Sign-On (SSO)7.782 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.6
    84 Ratings
    Workday Adaptive Planning
    8.5
    1 Ratings
    Responsive Design for Web Access7.678 Ratings8.01 Ratings
    Mobile Application7.968 Ratings8.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile8.974 Ratings10.01 Ratings
    Application Program Interfaces (APIs) / Embedding
    Comparison of Application Program Interfaces (APIs) / Embedding features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    7.7
    65 Ratings
    Workday Adaptive Planning
    -
    Ratings
    REST API7.562 Ratings00 Ratings
    Javascript API8.560 Ratings00 Ratings
    iFrames8.39 Ratings00 Ratings
    Java API6.911 Ratings00 Ratings
    Themeable User Interface (UI)7.110 Ratings00 Ratings
    Customizable Platform (Open Source)7.87 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    -
    Ratings
    Workday Adaptive Planning
    9.6
    187 Ratings
    Long-term financial planning00 Ratings9.5173 Ratings
    Financial budgeting00 Ratings9.7184 Ratings
    Forecasting00 Ratings9.6179 Ratings
    Scenario modeling00 Ratings9.6170 Ratings
    Management reporting00 Ratings9.5184 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    -
    Ratings
    Workday Adaptive Planning
    6.8
    152 Ratings
    Financial data consolidation00 Ratings5.7115 Ratings
    Journal entries and reports00 Ratings5.475 Ratings
    Multi-currency management00 Ratings7.987 Ratings
    Intercompany Eliminations00 Ratings5.368 Ratings
    Minority Ownership00 Ratings5.240 Ratings
    Local and consolidated reporting00 Ratings9.8102 Ratings
    Detailed Audit Trails00 Ratings8.7127 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    -
    Ratings
    Workday Adaptive Planning
    9.0
    175 Ratings
    Financial Statement Reporting00 Ratings9.7154 Ratings
    Management Reporting00 Ratings9.6170 Ratings
    Excel-based Reporting00 Ratings9.4169 Ratings
    Automated board and financial reporting00 Ratings9.6146 Ratings
    XBRL support for regulatory filing00 Ratings6.928 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    -
    Ratings
    Workday Adaptive Planning
    8.9
    144 Ratings
    Personalized dashboards00 Ratings8.5126 Ratings
    Color-coded scorecards00 Ratings9.3105 Ratings
    KPIs00 Ratings9.5117 Ratings
    Cost and profitability analysis00 Ratings8.8119 Ratings
    Key Performance Indicator setting00 Ratings8.9101 Ratings
    Benchmarking with external data00 Ratings8.170 Ratings
    Integration
    Comparison of Integration features of IBM Cognos Analytics and Workday Adaptive Planning
    Feature
    IBM Cognos Analytics
    -
    Ratings
    Workday Adaptive Planning
    8.8
    165 Ratings
    Flat file integration00 Ratings9.0129 Ratings
    Excel data integration00 Ratings8.8158 Ratings
    Direct links to 3rd-party data sources00 Ratings8.7120 Ratings
    User Ratings
    IBM Cognos AnalyticsWorkday Adaptive Planning
    Likelihood to Recommend
    7.2
    (131 ratings)
    9.0
    (216 ratings)
    Likelihood to Renew
    9.4
    (27 ratings)
    7.6
    (43 ratings)
    Usability
    8.1
    (8 ratings)
    8.9
    (122 ratings)
    Availability
    8.6
    (4 ratings)
    7.3
    (11 ratings)
    Performance
    9.0
    (5 ratings)
    9.1
    (5 ratings)
    Support Rating
    10.0
    (8 ratings)
    8.2
    (33 ratings)
    In-Person Training
    8.7
    (4 ratings)
    8.2
    (2 ratings)
    Online Training
    8.0
    (4 ratings)
    7.3
    (9 ratings)
    Implementation Rating
    7.0
    (7 ratings)
    8.6
    (27 ratings)
    Configurability
    7.0
    (3 ratings)
    8.2
    (5 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    7.3
    (1 ratings)
    Data Sharing and Collaboration
    8.6
    (40 ratings)
    7.5
    (17 ratings)
    Data Sources
    8.3
    (40 ratings)
    7.6
    (17 ratings)
    Ease of integration
    6.0
    (4 ratings)
    7.3
    (8 ratings)
    Product Scalability
    8.2
    (3 ratings)
    8.2
    (12 ratings)
    Professional Services
    -
    (0 ratings)
    8.2
    (1 ratings)
    Vendor post-sale
    7.0
    (1 ratings)
    8.2
    (4 ratings)
    Vendor pre-sale
    7.0
    (1 ratings)
    6.4
    (4 ratings)