Float vs Workday Adaptive Planning (2024 Comparison)
Float offers an intuitive resource management solution with a user-friendly interface and seamless integrations. Ideal for small teams, it provides excellent value with its affordable pricing and essential planning features.
- Intuitive drag-and-drop interface
- Easy to integrate with other tools
- Affordable for small teams
- Limited advanced planning features
- Basic financial planning tools
- Not ideal for large enterprises
Free plan?
YesStarting price
$59 per month
Workday Adaptive Planning delivers a comprehensive planning suite with advanced scenario analysis and robust financial tools. Perfect for large enterprises, it offers unparalleled capabilities for strategic growth and decision-making.
- Comprehensive planning suite
- Advanced scenario analysis
- Robust financial planning tools
- Steeper learning curve
- Higher cost for small teams
- Complex for basic needs
Free plan?
YesStarting price
What is Float?
Float is a resource management software designed to help teams plan, track, and manage their projects efficiently. It offers a visual interface that allows users to allocate resources, set timelines, and monitor progress in real-time. With its intuitive drag-and-drop functionality, Float simplifies the process of scheduling and adjusting workloads, making it ideal for teams looking to optimize their productivity. Whether you're managing a small team or a large organization, Float provides the tools you need to ensure that your projects are completed on time and within budget.
What is Workday Adaptive Planning?
Workday Adaptive Planning is a comprehensive planning and budgeting software that empowers businesses to make informed decisions through data-driven insights. It offers robust features for financial planning, workforce planning, and sales planning, allowing organizations to streamline their budgeting processes and improve accuracy. With its cloud-based platform, Workday Adaptive Planning enables real-time collaboration and scenario analysis, helping businesses adapt to changing market conditions. Whether you're a finance professional or a business leader, this tool provides the flexibility and scalability needed to drive strategic growth.
Pros and Cons of Float vs Workday Adaptive Planning
Pros & Cons of Float
- Float's intuitive drag-and-drop interface makes it easy for users to allocate resources and manage schedules. This feature is particularly beneficial for teams looking to streamline their project management processes without a steep learning curve.
- Float offers seamless integration with popular tools, enhancing its functionality and making it a versatile choice for teams using multiple platforms. This flexibility allows users to connect Float with their existing workflows effortlessly.
- Float's pricing is competitive, making it an affordable option for small to medium-sized teams. Its cost-effectiveness, combined with its robust features, provides excellent value for teams looking to optimize their resource management.
- While Float offers essential planning features, it lacks the advanced capabilities found in more comprehensive planning tools. This limitation may be a drawback for teams with complex planning needs requiring more sophisticated solutions.
- Float's financial planning tools are basic, which may not meet the needs of organizations with complex financial planning requirements. Teams looking for more robust financial planning features may need to consider alternative solutions.
Pros & Cons of Workday Adaptive Planning
- Workday Adaptive Planning offers a comprehensive suite of planning tools, including financial, workforce, and sales planning. This all-in-one solution is ideal for organizations looking to streamline their planning processes and improve accuracy.
- Workday Adaptive Planning excels in scenario analysis, providing advanced modeling and what-if analysis capabilities. This feature is invaluable for organizations looking to explore different business scenarios and make informed decisions.
- Workday Adaptive Planning offers robust financial planning tools, including budgeting, forecasting, and reporting. These features are particularly beneficial for organizations with complex financial planning needs, providing the flexibility and accuracy required for strategic growth.
- Due to its extensive features, Workday Adaptive Planning may require a steeper learning curve for new users. Organizations should be prepared to invest time in training to fully leverage its capabilities.
- Workday Adaptive Planning's pricing may be higher for small teams, making it less cost-effective for organizations with limited budgets. Teams should carefully consider their planning needs and budget constraints before investing in this solution.
Float vs Workday Adaptive Planning: At A Glance
Float vs Workday Adaptive Planning: A Detailed Breakdown of Key Features
Resource Allocation
When it comes to resource allocation, Float shines with its intuitive drag-and-drop interface, making it easy for you to assign tasks and manage workloads. I found it particularly helpful for visualizing team capacity and ensuring that no one is overburdened. Workday Adaptive Planning also offers resource allocation features, but they are more integrated into its broader planning suite. If you're looking for a tool focused on resource management, Float is the way to go. However, if you need resource allocation as part of a comprehensive planning solution, Workday Adaptive Planning is a strong contender.
Real-Time Collaboration
Real-time collaboration is crucial for teams working across different locations. Float offers seamless collaboration features, allowing team members to update schedules and communicate changes instantly. I appreciated how easy it was to keep everyone on the same page. Workday Adaptive Planning takes collaboration a step further with its robust scenario analysis and planning capabilities, making it ideal for larger teams needing to coordinate complex projects. If your focus is on straightforward collaboration, Float is excellent. For more advanced collaborative planning, Workday Adaptive Planning is the better choice.
Scenario Analysis
Scenario analysis is a powerful feature for planning and forecasting. Float provides basic scenario analysis tools, which are sufficient for smaller teams with straightforward planning needs. However, Workday Adaptive Planning excels in this area, offering advanced scenario modeling and what-if analysis. I found it invaluable for exploring different business scenarios and making informed decisions. If scenario analysis is a critical part of your planning process, Workday Adaptive Planning is the superior option. For simpler needs, Float offers a more streamlined approach.
Financial Planning
Financial planning is a key component of any business strategy. Float offers basic financial planning features, which are suitable for small to medium-sized teams. However, Workday Adaptive Planning provides a comprehensive suite of financial planning tools, including budgeting, forecasting, and reporting. I found its capabilities to be particularly beneficial for organizations with complex financial planning needs. If you're looking for a tool with robust financial planning features, Workday Adaptive Planning is the clear winner. For simpler financial planning, Float is a viable option.
Workforce Planning
Workforce planning is essential for managing team capacity and productivity. Float offers straightforward workforce planning features, making it easy to allocate resources and manage workloads. I appreciated its simplicity and ease of use. Workday Adaptive Planning, on the other hand, provides more advanced workforce planning capabilities, including headcount planning and workforce analytics. If your organization requires detailed workforce planning, Workday Adaptive Planning is the better choice. For basic workforce management, Float is a solid option.
Sales Planning
Sales planning is crucial for driving business growth. Float offers basic sales planning features, which are suitable for small teams with straightforward sales processes. However, Workday Adaptive Planning provides a comprehensive sales planning solution, including sales forecasting and pipeline management. I found its features to be particularly useful for organizations with complex sales planning needs. If you're looking for a tool with advanced sales planning capabilities, Workday Adaptive Planning is the superior choice. For simpler sales planning, Float is a viable option.
Pricing Comparison of Float and Workday Adaptive Planning
To assist you in making an informed choice, we’ve outlined the pricing plans and essential features of Float and Workday Adaptive Planning. This comparison will highlight the best option for managing your resources and planning your projects.
Float Pricing Plans
- Track and predict cash across your project pipeline.
- Predict your company’s future cash reserves and ‘death date’.
- Track and explore your previous projects and cash activity.
- Add, combine and compare the business impact of each scenario.
- Track each active project with real financial transactions.
- Calculate your total project revenue based on finalized transactions.
- Float instantly reports how confident you can be in your decision making.
- Budget quickly with automatically suggested fixed costs.
- Get granular forecasts for your day-to-day cash position.
- Accurately calculate fully loaded costs of new employees.
- Compare a scenario to your business reality and establish any deviation.
- Export any scenario in CSV or PDF format.
Workday Adaptive Planning Pricing Plans
- Guided walkthrough of core planning capabilities for ease of use.
- Step-by-step guide for planning, reporting, and dashboards.
- Test-drive the software with full features for 30 days.
- No commitment required, explore at your own pace.
- Unlimited versions to accommodate various planning needs.
- Unlimited what-if scenarios for comprehensive analysis.
- Boost agility and grow your business with robust tools.
- Request a quote for tailored pricing based on needs.
- Connects with any ERP or GL for seamless integration.
- Unlimited what-if scenarios for comprehensive analysis.
- Request a quote for tailored pricing based on needs.
- All-in-one package for planning and consolidation.
Our Rating Methodology
We rigorously evaluate each planning software, focusing on key factors like functionality, scalability, and ease of use. By analyzing user feedback and conducting in-depth testing, we ensure our recommendations align with your needs. Each factor is weighted to provide an accurate final rating, helping you choose the best tool for your organization.
Float or Workday Adaptive Planning: Which One Matches Your Business Needs?
Choose Float If You Need ...
- User-friendly resource management
If you are a small to medium-sized team looking for an intuitive resource management tool, Float is an excellent choice. Its user-friendly interface and seamless integrations make it easy to manage projects and optimize team productivity.
- Cost-effective planning solution
If you are a team with budget constraints seeking a cost-effective planning solution, Float offers competitive pricing and essential features. Its affordability and value make it a great option for teams looking to maximize their investment.
Choose Workday Adaptive Planning If You Need ...
- Comprehensive planning capabilities
If you are a large enterprise requiring comprehensive planning capabilities, Workday Adaptive Planning is the superior choice. Its advanced features and robust planning tools provide the flexibility and scalability needed for strategic growth.
- Advanced scenario analysis
If you are an organization with complex planning needs requiring advanced scenario analysis, Workday Adaptive Planning excels in this area. Its powerful modeling and what-if analysis capabilities make it ideal for informed decision-making.
Frequently Asked Questions
What are the key differences between Float and Workday Adaptive Planning?
Which tool is more cost-effective for small teams?
How do the integration capabilities of Float and Workday Adaptive Planning compare?
Which tool offers better customer support?
Is Workday Adaptive Planning suitable for small businesses?
Can Float handle complex financial planning needs?
Martin Lunendonk
Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.
