IBM Planning Analytics vs Workday Adaptive Planning
IBM Planning Analytics
ibm.comWorkday Adaptive Planning
workday.comSide by side
| Figure | IBM Planning Analytics | Workday Adaptive Planning |
|---|---|---|
| Price from | $875/mo | — |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | Yes |
| macOS | — | Yes |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 4 | 5 |
| Spec score · Scenario Planning Software | 9.3 (#1) | 8.9 (#3) |
| Spec score · Financial Forecasting Software | 8.9 (#1) | 8.0 (#18) |
| Spec score · Financial Planning & Analysis Software | 9.2 (#2) | 8.9 (#3) |
| Spec score · Budgeting apps | 9.1 (#1) | 8.9 (#2) |
| Spec score · Management Reporting Software | 8.9 (#1) | 8.0 (#8) |
| Spec score · Corporate Performance Management Software | 9.0 (#1) | 8.1 (#6) |
| Spec score · Revenue Planning Software | 9.1 (#1) | 8.1 (#5) |
| Spec score · Business Performance Management | 9.0 (#1) | 8.0 (#7) |
| Spec score · Quota Management Software | 9.1 (#1) | 8.1 (#9) |
| Spec score · Finance Management software | 8.8 (#1) | 8.0 (#7) |
| Spec score · Nonprofit Budgeting Software | 8.9 (#1) | 8.0 (#7) |
| Spec score · Enterprise Performance Management | 9.1 (#1) | 8.0 (#6) |
| Spec score · Revenue Operations & Intelligence (RO&I) Software | 9.1 (#1) | 8.1 (#5) |
| Spec score · Budgeting Software | 8.9 (#2) | 8.1 (#10) |
| Spec score · Financial Modeling Software | 9.0 (#2) | 8.0 (#13) |
| Spec score · Workforce Planning Software | 9.0 (#2) | 8.0 (#8) |
| Spec score · Sales Capacity Planning Software | 8.9 (#2) | 8.1 (#7) |
| API | The Planning Analytics for Microsoft Excel API can automate refreshing or publishing content through VBA, VBS or command-line scripts. | The administrator guide describes Integration APIs for importing and exporting data and APIs for model management and security administration. |
| Budgeting | Yes | Yes |
| Financial consolidation | Yes | Yes |
| Forecasting | IBM Planning Analytics provides AI demand forecasting inside the product. | Yes |
| Founded | 1911 | 2005 |
| Free plan | No | No |
| Headquarters | Armonk, New York, United States | Pleasanton, California, United States |
| Purpose | IBM Planning Analytics is an AI-powered planning and analytics platform powered by the IBM TM1 database that unifies business planning in one governed platform. | Workday Adaptive Planning supports companywide financial planning, forecasting, budgeting, and analytics. |
| Scenario capacity | Supply chain planning supports unlimited scenarios. | The product includes unlimited what-if scenarios. |
| Scenario modeling | Yes | Yes |
| Support | IBM Support provides cases, fixes, technical documentation and known issues for Planning Analytics products, and requires an IBM Customer Number and site-administrator approval. | The pricing page includes 24/7 support, training resources, and Workday Community. |
| Variance analysis | Yes | Yes |
| Workforce planning | Yes | Yes |
Plans
IBM Planning Analytics
- EssentialsPriced on request
- Essentials$875 a month
- StandardPriced on request
- PremiumPriced on request
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
IBM Planning Analytics
IBM Planning Analytics has no write-up on Specifiction yet; its figures are above.
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.