Adaptive Insights vs Workiva Wdesk comparison

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755 views|512 comparisons
100% willing to recommend
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516 views|324 comparisons
66% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Adaptive Insights and Workiva Wdesk based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Adaptive Insights vs. Workiva Wdesk Report (Updated: March 2024).
768,857 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization.""The biggest feature is the source of truth for all of our budget and forecast versions.""Automated reporting.""It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.""The most valuable feature of the solution is its dashboard.""Forecasting changes that instantly flow through all financial statements.""It's very stable.""The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily."

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"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools.""It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files.""Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format.""The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.""It makes the compliance process more efficient and more effective.""The collaboration within the platform is valuable."

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Cons
"The upload feature exists, but isn't terribly useful.""The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up.""Adaptive Insights could improve the data designer interface to make integrations easier to set up.""Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image.""Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals.""Users continue to become more advanced and are looking for more advanced solutions.""It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that.""Better user interface (UI)."

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"The speed must be improved.""The most critical issue is the need to shift between uppercase and lowercase.""At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities.""One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel.""Regarding the solution, reporting has certain areas that can be considered for improvement.""With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."

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Pricing and Cost Advice
  • "Everything is negotiable, but this solution is low cost compared to others."
  • "Licensing seems to be worth the cost considering the efficiency Adaptive brings."
  • "Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
  • "Ensure that you have the proper pricing plan in place."
  • "Adaptive Insights' pricing is reasonable."
  • "Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."
  • "Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."
  • "It's affordable."
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  • "Our clients in Asia think that the solution is too expensive."
  • More Workiva Wdesk Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Here are some of the pros and cons of OneStream XF and Adaptive Insights for FP&A in the professional services industry OneStream XF Pros: Unified platform for FP&A, budgeting, forecasting,… more »
    Top Answer: It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.
    Top Answer:12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few years ago. So, it's affordable. But there are other more affordable solutions that… more »
    Top Answer:The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
    Top Answer:Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platform… more »
    Top Answer:One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in… more »
    Ranking
    Views
    755
    Comparisons
    512
    Reviews
    5
    Average Words per Review
    656
    Rating
    8.2
    Views
    516
    Comparisons
    324
    Reviews
    6
    Average Words per Review
    692
    Rating
    7.0
    Comparisons
    Also Known As
    Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
    Wdesk
    Learn More
    Overview

    Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes. 

    With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

    Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

    • Optimize your structured and composite reports
    • Improve trust in your data, reports, and presentations
    • Transform processes to enable insight
    Sample Customers
    1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday
    Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
    Top Industries
    REVIEWERS
    Non Profit22%
    Mining And Metals Company11%
    Non Tech Company11%
    Financial Services Firm11%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Financial Services Firm9%
    Educational Organization7%
    Insurance Company7%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Insurance Company6%
    Computer Software Company6%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise29%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise19%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise24%
    Large Enterprise56%
    Buyer's Guide
    Adaptive Insights vs. Workiva Wdesk
    March 2024
    Find out what your peers are saying about Adaptive Insights vs. Workiva Wdesk and other solutions. Updated: March 2024.
    768,857 professionals have used our research since 2012.

    Adaptive Insights is ranked 9th in Business Performance Management with 18 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. Adaptive Insights is rated 8.4, while Workiva Wdesk is rated 7.0. The top reviewer of Adaptive Insights writes "Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance ". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". Adaptive Insights is most compared with Tableau, Microsoft Power BI, Anaplan, Oracle HFM and SAP Business Planning and Consolidation, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and LucaNet. See our Adaptive Insights vs. Workiva Wdesk report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.