About Workday Adaptive Planning
Workday Adaptive Planning is a cloud enterprise performance management product from Workday. It is aimed at finance teams that build budgets, forecasts and plans, and it is positioned as a planning system that connects to an existing ERP, general ledger or other data source rather than replacing them.
The vendor groups the product into financial planning, close and consolidation, workforce planning and operational planning. This lets finance, HR and operations teams work from related plans instead of separate spreadsheets. Workday also highlights AI and machine learning capabilities, although the specifics are explained mainly through its sales process.
It is a commercial, hosted product and part of the wider Workday portfolio, which also covers human capital management and financial management. Buyers should contact Workday for pricing details, since the product page does not list plan prices.
Key features
- Budgeting and forecasting for finance teams
- Financial close and consolidation
- Workforce planning tied to headcount
- Operational planning across departments
- Connects to any ERP, general ledger or data source
- AI and machine learning assistance
Good fit for
- →Replacing spreadsheet-based budgeting
- →Planning headcount alongside finance
- →Consolidating results across business units
- Tags
- financial-planning
- budgeting
- forecasting
- epm
- workforce-planning
- consolidation
- cloud
Workday Adaptive Planning: questions and answers
- What is Workday Adaptive Planning used for?
- Workday Adaptive Planning is cloud planning and budgeting software from Workday for finance teams that need financial, workforce and operational planning across their existing systems. It is a good fit for replacing spreadsheet-based budgeting, planning headcount alongside finance and consolidating results across business units.
- How much does Workday Adaptive Planning cost?
- Workday Adaptive Planning doesn't publish fixed prices; pricing is quoted on request. A free trial is available. Prices are not published; pricing varies and is provided through a quote request. A free 30-day trial can be requested.
- Is Workday Adaptive Planning open source?
- No. Workday Adaptive Planning is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Actual Budget, Firefly III and Sure.
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