Workato vs Adaptive Planning

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Our analysts compared Workato vs Adaptive Planning based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Adaptive Planning Software Tool

Product Basics

Workato is a cloud-based automation and integration platform that automates tasks. It doesn’t require any coding and uses machine learning and patent technology to create and implement automation. Integrate apps and automate business workflow without compromising on security and governance. The secure services manage complex business logic, multi-step tasks and conditional actions, which users can do without creating scripts. Businesses perform enterprise-level integration and process automation with AI. From sales, support to marketing, it offers integration for numerous applications. It’s designed to scale and minimize operating costs and expenses significantly.
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Adaptive Planning expedites planning, modeling, budgeting and prediction for enhanced decision making. It's suitable for all industries and available on the cloud. Establish benchmarks and initiate balanced boundaries.

Top modules include balance sheet cash flow, revenue, expense management, workforce modeling and capital management. It can improve precise budgeting and planning operations and assess numerous data set situations. It also facilitates company housekeeping and leaders to maximize a healthy working atmosphere.
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$17,500 Annually
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$3,000 Monthly
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Tailored to your specific needs
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Product Assistance

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24/7 Live Support
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Product Insights

  • Ensure Data Security: Meet the highly-regarded data security and governance requirements like SOC2, HIPAA and GDPR. Prevent security issues with role-based access control. 
  • More Customer-Centric Engagement: Forecast spending, decide the budget and know how much to pay over time with a subscription model 
  • Keep Invaluable Technology: Integrate instead of replacing the on-premise technology or legacy system with the technology in the cloud. Gain access to and utilize data in new ways. 
  • Save Time: Keep the team in sync by providing data across different systems and apps. Save time by eliminating silos and free employees from having to switch between apps or manually entering info. 
  • Enhance Decision Making: Provide analysts with a high value of accurate data collected from numerous applications and synced with BI and analytics tools to help make better decisions. 
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  • Implement In-Depth Analyses: Grab real-time, detailed information for better adaptation and push solid strategies instead of numbers. 
  • Expand Model Testing: Draft and evaluate models with complete analytical tools to pinpoint ideal growth trends and shift priorities when plans deviate. 
  • Execute Numerous Plan Types: Construct daily, monthly, quarterly or long-term budgets and predictions to better align with lengthy fiscal goals in one place. 
  • Conduct Effective Collaboration Methods: Initiate one centralized area to access and share information, workflows, security and more for better collaboration and keep everyone on the same page for estimates and budgets. 
  • Leverage High-Powered Adaptability: Leverage the machine learning in-memory engine to monitor and conform to plan adjustments. 
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  • Next-Gen iPaaS: Create visually intuitive integrations quickly and easily. Sync data from a single transaction to multiple rows in varied volumes and speed — real-time, scheduled or batch. Eliminate the challenges associated with infrastructure provisioning and capacity planning with cloud platforms. 
  • Modern RPA: Access dark data with screen scraping technology and use APIs for reliable interaction with modern systems. Provide the right tool for the right purpose with the correct mix of AI- and UI-based automation. Create support and maintenance automation and optimize resources.  
  • Enterprise Flow Automation: Go from integration to business automation by adding events and system actions. Ensure communication between multiple enterprise applications with various functions. 
  • Smart Data Pipeline: Minimize the complexities of APIs, capacity planning and infrastructure maintenance by importing data into warehouses like Snowflake or RedShift. Ensure dynamic throughput optimization and quickly adapt to source schema modifications  
  • Low Code API Management: Handle the complete life cycle of APIs with internal and external partners. Empower re-usability and decouple systems by creating microservices. Make sure the data is not compromised by selectively exposing data using APIs. 
  • Enterprise Chatbots: Create custom bots and provide a personalized experience to the customers with a low-code workbot platform. Build apps to enhance communication and directly complete tasks like assigning and escalating tickets and reviewing and approving the proposals. Make sure only authorized users take sensitive actions by authenticating them. 
  • Recipe IQ: Create integration and automation with the assistance of Machine learning algorithms. Transform the business for intelligent custom services and journeys.  
  • Digital Native Architecture: Enhance collaboration between businesses by creating and operating intelligent automation. Build integration recipes and automate tasks using recoverable transactions and auto-scaling. 
  • Audit Log: Enable users to keep track of significant events in chronological order. Keep a log of recipe jobs and every single step involved. Get complete transparency over the recent versions of the recipe. Go back to the older version to fix any problem or update to a new version without losing any data 
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  • Balance Sheet Cash Flow: Use flexible and straightforward self-service variance reports for business-wide utilization. Automate and streamline financial protocols to keep an eye on strategies and expansions. 
  • Expense Management: Remove information silos with driver-based expense forecasting and in-depth, incremental budgeting. Integrate this module with other back-end platforms to create a single information hub. 
  • Revenue Management: Perform drilled-down assessments to ensure strategies align with company objectives. 
  • Workforce Modeling: Execute company-wide planning and joint operations. Manage current headcount plans and associate fees to ensure plans fit budget parameters. 
  • Capital Management: Conduct expense distributions via an equipped rules engine. Plot fees efficiently. 
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Product Ranking

#48

among all
ERP Software

#94

among all
ERP Software

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User Sentiment Summary

Excellent User Sentiment 33 reviews
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94%
of users recommend this product

Workato has a 'excellent' User Satisfaction Rating of 94% when considering 33 user reviews from 1 recognized software review sites.

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4.7 (33)
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Awards

Workato stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Extensive Pre-Built Connectors: Workato offers a wide range of pre-built connectors for popular applications, including those commonly used in ERP systems such as Salesforce, NetSuite, and SAP. This can save time and effort during integration projects.
Low-Code/No-Code Platform: The platform's visual interface and drag-and-drop functionality make it accessible to users with varying technical skill levels. This can empower business users to participate in integration projects and reduce reliance on IT departments.
Community & Support: Workato has an active user community and provides various support options, including documentation, tutorials, and a support portal. This can be helpful for users who need assistance with the platform.
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Ease of Use: Adaptive Planning receives consistent praise for its user-friendly interface and intuitive design. Users with varying levels of technical expertise find it easy to navigate and operate, reducing the learning curve typically associated with complex ERP software. The drag-and-drop functionality and clear data visualizations contribute to a smooth and efficient user experience.
Cloud-Based Flexibility: As a cloud-based solution, Adaptive Planning offers the advantage of accessibility from anywhere with an internet connection. This eliminates the need for on-premises hardware and software installations, providing businesses with greater flexibility and scalability. Users appreciate the ability to access critical financial data and collaborate with team members remotely, enhancing productivity and responsiveness.
Robust Reporting and Analytics: Adaptive Planning's reporting and analytics capabilities empower users to gain valuable insights from their financial data. The software offers a wide range of pre-built reports and dashboards, along with the ability to create custom reports tailored to specific business needs. Users can easily analyze trends, identify patterns, and make data-driven decisions to optimize financial performance.
Integration Capabilities: Adaptive Planning integrates seamlessly with various other business systems, such as CRM, HR, and payroll applications. This integration eliminates data silos and ensures data consistency across different departments. Users value the ability to connect their financial data with other operational data, providing a holistic view of the business and facilitating more informed decision-making.
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Steep Learning Curve: Workato's interface can be overwhelming for new users due to its extensive features and functionalities. Effectively using the platform often requires significant time investment to learn its intricacies, which can be a barrier for teams seeking a quick and easy integration solution.
Pricing Structure: Workato's pricing model is based on the number of connectors and recipes used, which can lead to escalating costs as integration needs grow. This pricing structure may not be suitable for organizations with extensive integration requirements or those with unpredictable usage patterns.
Limited Error Handling: Workato's error handling capabilities have been a point of contention for some users. Troubleshooting errors can be challenging, and the platform's logging and debugging tools may not provide sufficient detail to effectively identify and resolve issues. This can lead to frustration and delays in integration processes.
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Limited Functionality: Adaptive Insights, while proficient in financial planning, may lack the comprehensive features required for all-encompassing enterprise resource planning (ERP) needs. For instance, it may not offer robust functionalities for managing human resources, supply chains, or customer relationships, potentially necessitating additional software solutions.
Customization Challenges: Adaptive Insights' customization options can be somewhat rigid, making it difficult for users to tailor the software to their specific workflows and unique business requirements. This inflexibility can lead to inefficiencies and frustration for users accustomed to more adaptable ERP systems.
Integration Complexities: Integrating Adaptive Insights with existing software infrastructure can pose challenges due to compatibility issues or intricate data mapping processes. These integration hurdles can impede seamless data flow and hinder the efficiency of business operations.
Cost Considerations: The subscription-based pricing model of Adaptive Insights can be a significant financial commitment for some organizations, particularly smaller businesses with limited budgets. The cost factor, coupled with potential additional expenses for implementation and support, may deter cost-conscious users.
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Workato has been making waves in the business world, but is it all it's cracked up to be? User reviews from the past year paint a picture of a powerful tool with some quirks. Workato shines with its ease of use; its drag-and-drop interface makes building workflows a breeze, even for non-techies. It also boasts impressive flexibility, connecting to a vast array of apps like Salesforce, Slack, and Workday, allowing businesses to automate tasks across their entire tech stack. However, some users find the initial setup a bit complex, and navigating the sea of available integrations can feel overwhelming. Compared to similar platforms like Zapier or Microsoft Power Automate, Workato stands out with its ability to handle more complex workflows and its focus on enterprise-level solutions. This makes it ideal for larger businesses with intricate processes and a need for robust automation capabilities. If you're a small business with simple automation needs, Workato might be overkill, but for larger organizations looking to streamline operations and boost efficiency, it's definitely worth considering.

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Adaptive Planning has garnered a reputation for its user-friendly interface and robust reporting capabilities. Users frequently praise its intuitive design, making it easy for finance teams to navigate and generate reports without extensive training. The drag-and-drop functionality and customizable dashboards are particularly popular, allowing users to tailor the system to their specific needs. Compared to other ERP software options, Adaptive Planning excels in its ability to handle complex financial modeling and forecasting. Its scenario planning tools enable users to create multiple "what-if" scenarios and analyze the potential impact of different business decisions. This feature is especially valuable for organizations operating in dynamic markets or facing uncertain economic conditions. However, some users have noted that Adaptive Planning's implementation process can be time-consuming and require significant IT resources. Additionally, while the software offers a wide range of features, some users find that certain functionalities, such as expense management, are not as comprehensive as those offered by competing products like Oracle NetSuite or SAP. These limitations may necessitate the use of additional software solutions, potentially increasing overall costs and complexity. Despite these drawbacks, Adaptive Planning's strengths in financial planning and analysis make it a compelling choice for mid-sized to large businesses with complex financial needs. Its ease of use and powerful reporting capabilities empower finance teams to gain deeper insights into their data and make more informed decisions, ultimately driving business growth and profitability.

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