Workday Adaptive Planning

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

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

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

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

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

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

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

Great backend for hr department, easy to understand.

Nachteile

It can be made little easier for users to impliment.

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

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

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

Reporting is good, and also the ease to run the report.

Nachteile

Metadata maintenance is a bit complicated, and also customisation is also not at par.
UI and admin features can improve.

Vorteile

I love the ease of creating a budget and the ability to quickly create a new forecast. Adaptive has created a formula wizard that is similar to excel, which makes it easy for excel based planners to easily adapt. Adaptive also has an excel interface for reporting, OfficeConnect which makes reporting even easier. They have also created an upload feature to easily maintain your hierarchy, dimensions and attributes. For a company as large as ours it makes the maintenance of the system easier.

Since Adaptive is Cloud based there is no sharing excel files. I can work with anyone in my organization from anywhere and we are all able to access the same file. Since everything is housed in Adaptive we are able to collaborate easier and make better decisions.

Nachteile

There is always room for improvement and Adaptive is always listening to its customers. There are some features that make reporting a little clunky, rollups. They recently updated the reporting tool within Adaptive, but it doesn't seem as user friendly as the older version. Hopefully over time it will be easier to use.

Vorteile

Feature set is very strong.
Customer support is among the best in the industry. Highly responsive to detailed technical questions.

Nachteile

Like any new platform, it took our team a few months after go-live to really utilize the power of the tool, but now it simply a resource that we can't live without.

Vorteile

Workday makes it super easy to manage all aspects of my job from scheduling to time off and payment elections and tax withholdings anywhere at anytime.

Nachteile

The task workflow process seems a bit drawn out and unclear for some things. There are a lot of options that still appear even if not enabled by the administrators.

Vorteile

The best part of the software for me is the ability to quickly create reports based on any selected dimensions, levels, and timeframes. This is something that historically would have taken us a significant amount of time and is now done in minutes.

Nachteile

My least favorite parts about the software are the difficulty in navigating the data sheets and the inability to lock formulas and values in historical versions while updating formulas going forward. I would love to see greater functionality to search in data sheets by specific columns.

Vorteile

This is a solid software base that my firm uses to consolidate forecasting data and pull those forecasts for board review. It is a great platform to use for data warehousing and to pull massive subsets of data. Those pulls can then be used and pasted into Excel or whatever template that you need to generate the proper metrics.

Nachteile

The functionality is not as user friendly as you would like. The customized reporting is complex and hard to understand. I would recommend sitting in on a seminar or tutorial before committing to it. It isn't quite user friendly and, for us, we don't use it for anything but generating massive paste fills to be dumped into our reporting templates.

Vorteile

Workday Adaptive Planning is very convenient to use especially when it comes to financial planning solutions and enterprise planning, they really provide it.

Nachteile

I don't see any downside or lack of this product and that is why I rated it 10.

Vorteile

Easy to implement and maintain. Easy for end users to understand how to use the software and the models. Give you instant access to "the whole picture". OfficeConnect is great for reporting.

Nachteile

Some admin functions are still a little tedious. The built-in reporting module needs some upgrading, but it's adequate.

Vorteile

everything- ease of use

Nachteile

none

Vorteile

- Quick and easy to consolidate all accounts for all business units
- Status tracking is made easy
- Superb customer services

Nachteile

Would love to see the changes in future releases:
- Ability to import formulas rather than having to manually set up 1000+ formulas in Adaptive;
- Ability to line up notes in reports

Vorteile

Ease of implementation and use.

Nachteile

Still developing some modules, need time to improve

Vorteile

It has easy-to-use features that are good for reporting, planning, and data visualization.

Nachteile

The only that I don't like with this software is that it freezes and crashes on my computer. But I think I need upgrades on my computer. Overall, the software is good.

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

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

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

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

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

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

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

Nachteile

Figuring out where everything is that I need.

Vorteile

A very good corporation management website.

Nachteile

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

Vorteile

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

Nachteile

User experience interface can be developed a bit more.

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

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

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

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

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

It has great and intuitive features and adapts well.

Nachteile

It is a bit expensive, especially for smaller companies.

Vorteile

Very easy to use. User friendly reports.

Nachteile

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

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

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

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.

Vorteile

Adaptive Planning is very sophisticated. There are so many ways models can be created, and it supports so many different versions which I love. I can create a forecast for every single GL account for every different department of the company.

Nachteile

First, the software is very slow for a company at around 1000 size. If you make even a slight forecast/formula update, it can take 30mins to an hour before you can start using it again.

Also, the formulas are very difficult to learn. The formula assistant feature definitely helps, but the way the formula is structured, it's almost impossible to use without the assistant.

Vorteile

FP&A core functionality is outstanding!!!

Nachteile

Visualization functionality is a kludge!