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MAGIQ Performance vs Workday Adaptive Planning

What both publish

FactMAGIQ PerformanceWorkday Adaptive Planning
APIIts 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.
BudgetingIt supports activity-based budgeting, rolling forecasts, and bottom-up or top-down budgeting.Yes
CollaborationManagers 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 consolidationYesYes
ForecastingYesYes
HeadquartersNapier, New Zealand; Hawthorn, Australia; American Fork, United StatesPleasanton, California, United States
Intended usersMAGIQ 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.
PurposeMAGIQ 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 modelingYesYes
SupportMAGIQ 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 analysisYesYes
Workforce planningYesYes

MAGIQ Performance plans

  • MAGIQ PerformancePriced 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 MAGIQ Performance if…

You want what its maker publishes above — check its page for the details.

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