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IBM Planning Analytics vs Workday Adaptive Planning

What both publish

FactIBM Planning AnalyticsWorkday Adaptive Planning
APIThe 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.
BudgetingYesYes
Financial consolidationYesYes
ForecastingIBM Planning Analytics provides AI demand forecasting inside the product.Yes
Founded19112005
Free planNoNo
HeadquartersArmonk, New York, United StatesPleasanton, California, United States
PurposeIBM 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 modelingYesYes
SupportIBM 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 analysisYesYes
Workforce planningYesYes

IBM Planning Analytics plans

  • EssentialsPriced on request
  • StandardPriced on request
  • PremiumPriced on request

Workday Adaptive Planning plans

  • Free TrialPriced on request
  • Free Trial—
  • Workday Adaptive PlanningPriced on request
  • Workday Adaptive Planning Close & ConsolidationPriced on request
  • Workday Adaptive Planning Free TrialFree

Pick IBM Planning Analytics if…

Finance and operations teams sharing governed plans; Organizations needing consolidation, SAP links or deployment choice; Teams that work in Excel and need real-time planning

Pick Workday Adaptive Planning if…

It suits organizations seeking companywide planning and modeling across finance and operations, with tools for decision-makers and collaboration. Teams that rely on Salesforce data imports should check the listed import restrictions.

Charts they share