Oracle Hyperion Planning vs Workday Adaptive Planning

Oracle Hyperion Planning is Oracle’s web-based, cloud-deployed product for financial and workforce planning. It combines budgeting, forecasting, scenario modeling, workforce planning, and financial consolidation, with a multi-year planning horizon. Forecast dimensions cover territory, product, account, channel, customer segment, product group, time, and custom dimensions. Compensation planning, headcount forecasting, financial forecasting, and scenario planning are included. Planning operations provide task dependencies, approval workflows, recurring templates, an audit trail, and multi-entity close. ERP connectivity uses an API, and CRM data synchronization is supported. Listed master-data domains include chart of accounts, organizations, cost centers, legal entities, ownership, and market-related data. Deduplication, data syndication, and API access are also listed. The allowance is 5,000 records and the stated user limit is 25 users. Oracle lists two cloud service plans requiring minimums of 10 or 25 hosted named users. Pricing is on request; there is no free plan.

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.