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IBM Planning Analytics vs. Workday Financial Management

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IBM Planning Analytics

263 Reviews and Ratings

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Workday Financial Management

118 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 Financial Management

    Score7.8 out of 10
    		N/AWorkday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
    Pricing
    IBM Planning AnalyticsWorkday Financial Management
    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 Financial Management
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Features
    IBM Planning AnalyticsWorkday Financial Management
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.7
    90 Ratings
    Workday Financial Management
    -
    Ratings
    Pixel Perfect reports9.879 Ratings00 Ratings
    Customizable dashboards9.790 Ratings00 Ratings
    Report Formatting Templates9.784 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.7
    96 Ratings
    Workday Financial Management
    -
    Ratings
    Drill-down analysis9.893 Ratings00 Ratings
    Formatting capabilities9.795 Ratings00 Ratings
    Integration with R or other statistical packages9.871 Ratings00 Ratings
    Report sharing and collaboration9.792 Ratings00 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.5
    90 Ratings
    Workday Financial Management
    -
    Ratings
    Publish to Web9.985 Ratings00 Ratings
    Publish to PDF9.984 Ratings00 Ratings
    Report Versioning9.983 Ratings00 Ratings
    Report Delivery Scheduling8.475 Ratings00 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.3
    92 Ratings
    Workday Financial Management
    -
    Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings00 Ratings
    Location Analytics / Geographic Visualization9.886 Ratings00 Ratings
    Predictive Analytics9.882 Ratings00 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 Financial Management
    Feature
    IBM Planning Analytics
    9.5
    96 Ratings
    Workday Financial Management
    -
    Ratings
    Multi-User Support (named login)9.894 Ratings00 Ratings
    Role-Based Security Model9.895 Ratings00 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings00 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 Financial Management
    Feature
    IBM Planning Analytics
    7.6
    83 Ratings
    Workday Financial Management
    -
    Ratings
    Responsive Design for Web Access6.182 Ratings00 Ratings
    Mobile Application7.946 Ratings00 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.8
    102 Ratings
    Workday Financial Management
    -
    Ratings
    Long-term financial planning9.898 Ratings00 Ratings
    Financial budgeting9.8101 Ratings00 Ratings
    Forecasting9.8102 Ratings00 Ratings
    Scenario modeling9.7101 Ratings00 Ratings
    Management reporting9.7101 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.8
    95 Ratings
    Workday Financial Management
    -
    Ratings
    Financial data consolidation9.791 Ratings00 Ratings
    Journal entries and reports9.883 Ratings00 Ratings
    Multi-currency management9.884 Ratings00 Ratings
    Intercompany Eliminations9.883 Ratings00 Ratings
    Minority Ownership9.875 Ratings00 Ratings
    Local and consolidated reporting9.887 Ratings00 Ratings
    Detailed Audit Trails9.789 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.4
    96 Ratings
    Workday Financial Management
    -
    Ratings
    Financial Statement Reporting9.892 Ratings00 Ratings
    Management Reporting9.893 Ratings00 Ratings
    Excel-based Reporting9.895 Ratings00 Ratings
    Automated board and financial reporting9.785 Ratings00 Ratings
    XBRL support for regulatory filing8.161 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.5
    98 Ratings
    Workday Financial Management
    -
    Ratings
    Personalized dashboards9.797 Ratings00 Ratings
    Color-coded scorecards9.892 Ratings00 Ratings
    KPIs9.895 Ratings00 Ratings
    Cost and profitability analysis9.893 Ratings00 Ratings
    Key Performance Indicator setting9.894 Ratings00 Ratings
    Benchmarking with external data8.165 Ratings00 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    9.8
    97 Ratings
    Workday Financial Management
    -
    Ratings
    Flat file integration9.894 Ratings00 Ratings
    Excel data integration9.895 Ratings00 Ratings
    Direct links to 3rd-party data sources9.886 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    8.4
    19 Ratings
    Pay calculation00 Ratings8.719 Ratings
    Benefit plan administration00 Ratings8.916 Ratings
    Direct deposit files00 Ratings8.616 Ratings
    Customization
    Comparison of Customization features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    8.5
    17 Ratings
    API for custom integration00 Ratings8.614 Ratings
    Plug-ins00 Ratings8.416 Ratings
    Security
    Comparison of Security features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    9.0
    21 Ratings
    Single sign-on capability00 Ratings9.021 Ratings
    Role-based user permissions00 Ratings9.019 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    8.7
    23 Ratings
    Dashboards00 Ratings8.523 Ratings
    Standard reports00 Ratings9.120 Ratings
    Custom reports00 Ratings8.718 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    8.5
    19 Ratings
    Accounts payable00 Ratings8.914 Ratings
    Accounts receivable00 Ratings9.014 Ratings
    Global Financial Support00 Ratings8.315 Ratings
    Primary and Secondary Ledgers00 Ratings8.715 Ratings
    Journals and Reconciliations00 Ratings8.912 Ratings
    Configurable Accounting00 Ratings8.315 Ratings
    Standardized Processes00 Ratings9.116 Ratings
    Inventory Management
    Comparison of Inventory Management features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    8.7
    8 Ratings
    Inventory tracking00 Ratings9.08 Ratings
    Automatic reordering00 Ratings8.68 Ratings
    Location management00 Ratings8.57 Ratings
    Order Management
    Comparison of Order Management features of IBM Planning Analytics and Workday Financial Management
    Feature
    IBM Planning Analytics
    -
    Ratings
    Workday Financial Management
    9.1
    9 Ratings
    Credit card processing00 Ratings9.19 Ratings
    User Ratings
    IBM Planning AnalyticsWorkday Financial Management
    Likelihood to Recommend
    8.9
    (108 ratings)
    8.9
    (23 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    9.0
    (1 ratings)
    Usability
    9.7
    (73 ratings)
    10.0
    (5 ratings)
    Support Rating
    9.7
    (97 ratings)
    10.0
    (5 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    -
    (0 ratings)
    Data Sources
    9.0
    (3 ratings)
    -
    (0 ratings)
    Product Scalability
    9.1
    (1 ratings)
    -
    (0 ratings)