Abacum vs Workday Adaptive Planning
Abacum
abacum.aiWorkday Adaptive Planning
workday.comSide by side
| Figure | Abacum | Workday Adaptive Planning |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 5 |
| Spec score · Business Performance Management | 8.2 (#3) | 8.0 (#8) |
| Spec score · Finance Management software | 8.2 (#3) | 8.0 (#7) |
| Spec score · Enterprise Performance Management | 8.2 (#3) | 8.0 (#7) |
| Spec score · Financial Forecasting Software | 8.2 (#11) | 8.0 (#21) |
| Spec score · Management Reporting Software | 8.2 (#5) | 8.0 (#9) |
| Spec score · Budgeting Software | 8.2 (#6) | 8.1 (#11) |
| Spec score · Nonprofit Budgeting Software | 8.2 (#4) | 8.0 (#7) |
| Spec score · Financial Planning & Analysis Software | 8.1 (#16) | 8.9 (#3) |
| Spec score · Scenario Planning Software | 8.1 (#18) | 8.9 (#3) |
| Spec score · Budgeting apps | 7.9 (#13) | 8.9 (#2) |
| Budgeting | Yes | Yes |
| Financial consolidation | Yes | Yes |
| Forecasting | Yes | Yes |
| Founded | 2020 | 2005 |
| Free plan | No | No |
| Headquarters | New York City, United States | Pleasanton, California, United States |
| Purpose | Abacum describes itself as an AI-native FP&A platform that connects source systems, models, and assumptions to help finance teams plan and report. | Workday Adaptive Planning supports companywide financial planning, forecasting, budgeting, and analytics. |
| Scenario modeling | Yes | Yes |
| Security | Abacum states it is SOC 2 Type II compliant, GDPR compliant, and ISO/IEC 27001 certified. | Workday lists single sign-on as an included capability and provides an unlimited audit trail. |
| Support | Abacum says expert onboarding and support are included. | The pricing page includes 24/7 support, training resources, and Workday Community. |
| Support availability | Its service-level page lists general support hours of 9:00 AM–6:00 PM CET and 7:00 AM–7:00 PM EST, with response targets based on issue priority. | The offering includes 24/7 support and Workday Community access. |
| Variance analysis | Yes | Yes |
| Workforce planning | Yes | Yes |
Plans
Workday Adaptive Planning
- Free TrialPrice not published
- Free TrialPriced on request
- Workday Adaptive PlanningPriced on request
- Workday Adaptive Planning Close & ConsolidationPriced on request
- Workday Adaptive Planning Free TrialFree
In their own words
Abacum
Abacum is an AI-native FP&A platform for finance teams, available through web and API access. Its planning workspace combines actuals, assumptions, forecasts, and scenarios for driver-based plans. Teams can use it for budgeting, forecasting, scenario planning, headcount and revenue planning, investor reporting, multi-entity roll-ups, workforce planning, financial consolidation, and variance analysis. Reporting includes dashboards, continuous reporting, AI summaries, custom visualizations, spreadsheet connectors, and drill-down. Listed AI functions include backsolving, data cleaning and classification, anomaly detection, modeling, scenario planning, and forecasting. Abacum states that it offers more than 700 native integrations across ERP, HRIS, CRM, BI, and billing systems, including NetSuite, Salesforce, Workday, Snowflake, Stripe, Tableau, Google Sheets, and Excel. Google Sheets integration is two-way, while Excel uploads and hybrid-model connections are supported. Pricing is on request and there is no free plan.
Workday Adaptive Planning
Workday Adaptive Planning supports companywide financial planning, budgeting, forecasting and analytics. Teams can use it for scenario modeling, variance analysis, workforce planning and financial consolidation. Interactive dashboards, self-service reports and process guidance support collaboration. It connects with ERP and general ledger systems, spreadsheets, databases, and cloud or on-premises sources; listed integrations include Workday, NetSuite, Salesforce, Sage Intacct and Microsoft Dynamics GP. Excel connectivity can send financial data to reports and presentations with one click. Listed capabilities include unlimited versions, unlimited what-if scenarios, no data limits, an unlimited audit trail and single sign-on. Production and non-production instances are included; secondary instances depend on the contract. The 30-day trial includes core planning capabilities, guided walkthroughs and a step-by-step guide. Pricing is on request, and close and consolidation pricing also requires a quote. The offering includes 24/7 support and Workday Community access. Salesforce imports have restrictions for some reports, app integration data and objects requiring a subquery.