Workday is recognised as a 2023 Gartner® Peer Insights Customers’ Choice for Financial Planning Software

Learn why more than 6,000 companies choose Workday Adaptive Planning to modernise their financial reporting and stay ready for what’s next. 

What Is Financial Planning Software?

Gartner defines financial planning software as “the key tool that enables organisations to manage their enterprise-wide financial planning, forecasting and budgeting processes. Financial planning software allows finance organisations to plan and analyse business financial strategy for the organisation across all three financial statements (that is, profit and loss, balance sheet and cash flows).

It supports modelling, collaboration, analytics and performance-reporting capabilities, all of which enhance a user’s ability to effectively manage financial performance.”

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Through the Gartner “Voice of the Customer”, Peer Insights reviews are synthesised for decision makers and can be helpful when reviewing technologies to purchase. This report and article reflects the views of users.

How does Workday Adaptive Planning compare?

In the Gartner Peer Insights Voice of the Customer for Financial Planning Software, Workday is placed in the upper right quadrant. This means Workday Adaptive Planning meet or exceeds both the market average Overall Experience and the market average User Interest and Adoption; it is recognised with the Gartner Peer Insights Customers’ Choice distinction.

Gartner Financial Planning Software with Workday Adaptive Planning in the upper right quadrant

Workday Adaptive Planning is rated 4.8 on Gartner Peer Insights

On Gartner Peer Insights, Workday Adaptive Planning has an overall rating of 4.8. You can read individual reviews and ratings of Workday Adaptive Planning from Gartner Peer Insights here.

In March 2023, one user wrote on Gartner that “Workday Adaptive Planning has changed how we run our business. It provides us the ability to analyse data and provide insights we could not previously access. The OfficeConnect tool has helped us to automate our reporting packages and taken days out of our processing time each month; time we can now invest back into analysing our business!”

Another user wrote in February 2023 that “”Workday Adaptive Planning offers advanced planning and analytics with a comprehensive set of cash-flow-based capabilities that accommodate our most complex planning needs.

“The platform enables us to easily create robust financial plans, capture and analyse our company’s current financial situation and illustrate the impacts of important decisions on our financial future. This powerful platform gathers tons of data and performs goal-based planning and runs robust simulations to illustrate the probability of success.”

96% would recommend Workday Adaptive Planning

Gartner Peer Insights’ reviews also show how willing customers would recommend a technology – 96% would recommend Workday Adaptive Planning.

96% would recommend Workday Adaptive Planning

Workday Adaptive Planning also has a consistently high rating of 4.8 in each of the four categories measured, namely Product Capabilities, Sales Experience, Deployment Experience and Support Experience.

The below figure summarises key information based on reviews received in the 18 months leading up to 31 March 2023.

Summary of Workday for Financial Planning Software in the Gartner Peer Insights review

Read all Peer Insights user reviews for Workday Adaptive Planning and learn why more than 6,000 organisations globally have chosen it as their Financial Planning Software.  

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