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IBM Planning Analytics vs. Workday Adaptive Planning

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IBM Planning Analytics

263 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 Planning Analytics

    Score8.8 out of 10
    		N/AIBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…

    $825

    per month 5 users

    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 Planning AnalyticsWorkday Adaptive Planning
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Planning AnalyticsWorkday Adaptive Planning
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsWorkday Adaptive Planning
    Considered Both Products
    IBM
    Verified User
    Chose IBM Planning Analytics
    Workday Adaptive Planning is really tough to set up and use as a fresher. So I have always faced difficulties helping new joinees to set up and use it. But with IBM Planning Analytics, it is more straightforward and easier to use with a good interface.
    Incentivized
    Verified User
    Chose IBM Planning Analytics
    Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA …
    Incentivized
    Shivam Sharma
    Consultant in Information Technology at T-Systems ICT India Pvt. Ltd. (Information Technology & Services, 5001-10,000 employees)
    Chose IBM Planning Analytics
    Compare to its competition it has good visual and graphical interface that helps to customized according to user needs. It helps to apply the best possible algorithm according to different model scenario that provides the best possible results. Predictive forecasting and AI …
    Incentivized
    Ali Kazempour
    Information Technology Adviser in Information Technology at AZEREX LLC. (Information Technology & Services, 1-10 employees)
    Chose IBM Planning Analytics
    The IBM Planning Analytics has great technical and business data features, full customer information, and sales Forecast for design best strategy. Analyzes, processes, and provides valuable information and charts about sales, profits, human resources, value growth, and …
    Incentivized
    lee lazarow
    Senior Account Manager in Finance and Accounting at Revelwood (Financial Services, 11-50 employees)
    Chose IBM Planning Analytics
    Other tools include Essbase, Outlooksoft, and BPC. When comparing the length of the implementation and the speed of the engine, IBM is the fastest on the market. I have not yet found a calculation or planning approach that cannot be done with IBM PA. In one situation, an …
    Incentivized
    Verified User
    Chose IBM Planning Analytics
    While every product has its sweet spot; our clients prefer IBM Planning Analytics for:
    1. Scalability: not requiring multiple models to deliver a solution
    2. Nimbleness: fast calculations and added advantages like Sparsity
    Incentivized
    Workday
    Verified User
    Chose Workday Adaptive Planning
    Adaptive seemed to be the most user-friendly, easy to implement, and cost-effective solution.
    Incentivized
    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 Planning AnalyticsWorkday Adaptive Planning
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.7
    90 Ratings
    Workday Adaptive Planning
    9.3
    1 Ratings
    Pixel Perfect reports9.879 Ratings9.01 Ratings
    Customizable dashboards9.790 Ratings10.01 Ratings
    Report Formatting Templates9.784 Ratings9.01 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.7
    96 Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    Drill-down analysis9.893 Ratings9.01 Ratings
    Formatting capabilities9.795 Ratings7.01 Ratings
    Integration with R or other statistical packages9.871 Ratings8.01 Ratings
    Report sharing and collaboration9.792 Ratings8.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.5
    90 Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    Publish to Web9.985 Ratings00 Ratings
    Publish to PDF9.984 Ratings8.01 Ratings
    Report Versioning9.983 Ratings8.01 Ratings
    Report Delivery Scheduling8.475 Ratings8.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.3
    92 Ratings
    Workday Adaptive Planning
    7.7
    1 Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings7.01 Ratings
    Location Analytics / Geographic Visualization9.886 Ratings8.01 Ratings
    Predictive Analytics9.882 Ratings8.01 Ratings
    Pattern Recognition and Data Mining7.815 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.5
    96 Ratings
    Workday Adaptive Planning
    9.0
    1 Ratings
    Multi-User Support (named login)9.894 Ratings9.01 Ratings
    Role-Based Security Model9.895 Ratings9.01 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings9.01 Ratings
    Report-Level Access Control8.420 Ratings00 Ratings
    Single Sign-On (SSO)9.888 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    7.6
    83 Ratings
    Workday Adaptive Planning
    8.5
    1 Ratings
    Responsive Design for Web Access6.182 Ratings8.01 Ratings
    Mobile Application7.946 Ratings8.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings10.01 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.8
    102 Ratings
    Workday Adaptive Planning
    9.6
    187 Ratings
    Long-term financial planning9.898 Ratings9.5173 Ratings
    Financial budgeting9.8101 Ratings9.7184 Ratings
    Forecasting9.8102 Ratings9.6179 Ratings
    Scenario modeling9.7101 Ratings9.6170 Ratings
    Management reporting9.7101 Ratings9.5184 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.8
    95 Ratings
    Workday Adaptive Planning
    6.8
    152 Ratings
    Financial data consolidation9.791 Ratings5.7115 Ratings
    Journal entries and reports9.883 Ratings5.475 Ratings
    Multi-currency management9.884 Ratings7.987 Ratings
    Intercompany Eliminations9.883 Ratings5.368 Ratings
    Minority Ownership9.875 Ratings5.240 Ratings
    Local and consolidated reporting9.887 Ratings9.8102 Ratings
    Detailed Audit Trails9.789 Ratings8.7127 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.4
    96 Ratings
    Workday Adaptive Planning
    9.0
    175 Ratings
    Financial Statement Reporting9.892 Ratings9.7154 Ratings
    Management Reporting9.893 Ratings9.6170 Ratings
    Excel-based Reporting9.895 Ratings9.4169 Ratings
    Automated board and financial reporting9.785 Ratings9.6146 Ratings
    XBRL support for regulatory filing8.161 Ratings6.928 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.5
    98 Ratings
    Workday Adaptive Planning
    8.9
    144 Ratings
    Personalized dashboards9.797 Ratings8.5126 Ratings
    Color-coded scorecards9.892 Ratings9.3105 Ratings
    KPIs9.895 Ratings9.5117 Ratings
    Cost and profitability analysis9.893 Ratings8.8119 Ratings
    Key Performance Indicator setting9.894 Ratings8.9101 Ratings
    Benchmarking with external data8.165 Ratings8.170 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Workday Adaptive Planning
    Feature
    IBM Planning Analytics
    9.8
    97 Ratings
    Workday Adaptive Planning
    8.8
    165 Ratings
    Flat file integration9.894 Ratings9.0129 Ratings
    Excel data integration9.895 Ratings8.8158 Ratings
    Direct links to 3rd-party data sources9.886 Ratings8.7120 Ratings
    User Ratings
    IBM Planning AnalyticsWorkday Adaptive Planning
    Likelihood to Recommend
    8.9
    (108 ratings)
    9.0
    (216 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    7.6
    (43 ratings)
    Usability
    9.7
    (73 ratings)
    8.9
    (122 ratings)
    Availability
    -
    (0 ratings)
    7.3
    (11 ratings)
    Performance
    -
    (0 ratings)
    9.1
    (5 ratings)
    Support Rating
    9.7
    (97 ratings)
    8.2
    (33 ratings)
    In-Person Training
    -
    (0 ratings)
    8.2
    (2 ratings)
    Online Training
    -
    (0 ratings)
    7.3
    (9 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.6
    (27 ratings)
    Configurability
    -
    (0 ratings)
    8.2
    (5 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    7.3
    (1 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    7.5
    (17 ratings)
    Data Sources
    9.0
    (3 ratings)
    7.6
    (17 ratings)
    Ease of integration
    -
    (0 ratings)
    7.3
    (8 ratings)
    Product Scalability
    9.1
    (1 ratings)
    8.2
    (12 ratings)
    Professional Services
    -
    (0 ratings)
    8.2
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    8.2
    (4 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    6.4
    (4 ratings)