SAP Business Planning and Consolidation vs Workiva Wdesk comparison

SAP and Workiva are both solutions in the Financial Close Software category. SAP is ranked #6, while Workiva is ranked #2 with an average rating of 7.0. SAP holds a 9.3% mindshare in FCS, compared to Workiva’s 4.9% mindshare. Additionally, 100% of SAP users are willing to recommend the solution, compared to 71% of Workiva users who would recommend it.

SAP Business Planning and C...

Read 1 SAP Business Planning and Consolidation review

819 Views
619 Comparison Views

100% willing to recommend

Workiva Wdesk

Read 7 Workiva Wdesk reviews

366 Views
231 Comparison Views

71% willing to recommend

SAP Business Planning and C...

Workiva Wdesk

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between SAP Business Planning and Consolidation and Workiva Wdesk based on real PeerSpot user reviews.

Find out what your peers are saying about Blackline, Workiva, Infor and others in Financial Close Software.

To learn more, read our detailed Financial Close Software Report (Updated: August 2024).

Buyer's Guide

Financial Close Software

August 2024

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Helped 800,688 peers since 2012

Categories and Ranking

SAP Business Planning and C...

Ranking in Financial Close Software

6th

Average Rating

7.0

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (5th)

Workiva Wdesk

Ranking in Financial Close Software

2nd

Average Rating

7.0

Number of Reviews

Ranking in other categories

Business Performance Management (11th), GRC (6th)

Mindshare comparison

As of September 2024, in the Financial Close Software category, the mindshare of SAP Business Planning and Consolidation is 9.3%, down from 10.3% compared to the previous year. The mindshare of Workiva Wdesk is 4.9%, up from 2.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Close Software

Featured Reviews

it_user90087

Senior Consultant at a tech services company with 51-200 employees

Apr 28, 2016

It's a robust solution with no issues. In my view, it is necessary to introduce another way to create reports apart from MS Excel.

In my opinion, what makes this product so valuable is a simple thing; how powerful and flexible it is for carrying out the consolidation process Up to the implementation of the application, it used to take weeks to the consolidation team to carry out the entire, monthly, financial consolidation,…

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Joseph DeVita

System Integrator at a non-profit with 501-1,000 employees

Feb 1, 2023

Straightforward to implement with helpful support and good flexibility

Like any piece of software, there are always areas for improvement. With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together. That could always be enhanced and improved so that I could test once and leverage it across multiple risks and controls. The best thing that could do is just continue to expand the vision and the model, which is what they're trying to do. Likely what we need is on their roadmap, and it's just sticking to their roadmap and direction to put those pieces together that will help it evolve into a stronger product.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pricing and Cost Advice

Information not available

"Our clients in Asia think that the solution is too expensive."

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Top Industries

By visitors reading reviews

Computer Software Company

17%

Manufacturing Company

Energy/Utilities Company

Healthcare Company

Financial Services Firm

19%

Educational Organization

16%

Computer Software Company

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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Earn 20 points

What do you like most about Workiva Wdesk?

The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.

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What is your experience regarding pricing and costs for Workiva Wdesk?

Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platf...

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What needs improvement with Workiva Wdesk?

The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...

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Comparisons

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Compared 30% of the time

Longview Analytics vs SAP Business Planning and Consolidation

Compared 26% of the time

Oracle Hyperion vs SAP Business Planning and Consolidation

Compared 13% of the time

LucaNet vs SAP Business Planning and Consolidation

Compared 10% of the time

OneStream XF vs SAP Business Planning and Consolidation

Compared 5% of the time

More SAP Business Planning and Consolidation Competitors

AuditBoard vs Workiva Wdesk

Compared 31% of the time

Oracle Hyperion vs Workiva Wdesk

Compared 11% of the time

OneTrust GRC vs Workiva Wdesk

Compared 9% of the time

RSA Archer vs Workiva Wdesk

Compared 9% of the time

Galvanize HighBond vs Workiva Wdesk

Compared 2% of the time

More Workiva Wdesk Competitors

Product Reports

Buyer's Guide

Financial Performance and Strategy Management

August 2024

SAP Business Planning and Consolidation report

Download SAP Business Planning and Consolidation product report

Buyer's Guide

Workiva Wdesk

August 2024

Download Workiva Wdesk product report

Also Known As

SAP BPC

Wdesk

Learn More

SAP

Workiva

Overview

The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.

Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

Optimize your structured and composite reports
Improve trust in your data, reports, and presentations
Transform processes to enable insight

Sample Customers

Medtronic, Cirque du Soleil, Antarc, B&G Manufacturing, EarlySense, eBay, Ferrero, James Austin Company, Lenovo, Sagem, RAK Ceramics, Vodafone

Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple

Buyer's Guide

Financial Close Software

August 2024

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Find out what your peers are saying about Blackline, Workiva, Infor and others in Financial Close Software. Updated: August 2024.

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We monitor all Financial Close Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.