MAGIQ Performance vs Workday Adaptive Planning
MAGIQ Performance
magiqsoftware.comWorkday Adaptive Planning
workday.comSide by side
| Figure | MAGIQ Performance | Workday Adaptive Planning |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 5 |
| Spec score · Financial Planning & Analysis Software | 7.9 (#28) | 8.9 (#3) |
| API | Its API can expose reports and screens in web applications such as intranets, SharePoint, portals, and public-facing websites. | The administrator guide describes Integration APIs for importing and exporting data and APIs for model management and security administration. |
| Budgeting | It supports activity-based budgeting, rolling forecasts, and bottom-up or top-down budgeting. | Yes |
| Collaboration | Managers can review and enter budget data with commentary, supporting a collaborative budgeting and planning process. | Interactive dashboards, self-service reports, and process guidance support collaboration across users. |
| Financial consolidation | Yes | Yes |
| Forecasting | Yes | Yes |
| Headquarters | Napier, New Zealand; Hawthorn, Australia; American Fork, United States | Pleasanton, California, United States |
| Intended users | MAGIQ describes the product as designed for public sector organisations, including local government, health, education, utilities, and not-for-profit organisations. | Workday describes the product as empowering decision-makers across the enterprise and says organizations of all sizes can use it. |
| Purpose | MAGIQ Performance is a budgeting, reporting, and financial planning solution for councils and public sector organisations. | Workday Adaptive Planning supports companywide financial planning, forecasting, budgeting, and analytics. |
| Scenario modeling | Yes | Yes |
| Support | MAGIQ provides phone support in Australia and New Zealand and an online service desk that new customers must register to access. | The pricing page includes 24/7 support, training resources, and Workday Community. |
| 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
MAGIQ Performance
MAGIQ Performance 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.