Quick Overview
- 1#1: Anaplan - Cloud-based connected planning platform for enterprise budgeting, forecasting, and scenario analysis across finance and operations.
- 2#2: Workday Adaptive Planning - Collaborative cloud FP&A solution for agile budgeting, planning, and forecasting tailored to enterprise needs.
- 3#3: Oracle EPM Cloud - Comprehensive enterprise performance management suite for advanced budgeting, planning, and financial consolidation.
- 4#4: OneStream - Unified CPM platform that streamlines enterprise budgeting, consolidation, reporting, and analytics in one solution.
- 5#5: Planful - Cloud FP&A platform delivering continuous planning, budgeting, and close management for mid-to-large enterprises.
- 6#6: Vena - Excel-integrated financial planning software for enterprise budgeting, forecasting, and reporting workflows.
- 7#7: SAP Analytics Cloud - Integrated analytics and planning solution for enterprise budgeting, predictive forecasting, and BI.
- 8#8: Prophix - CPM software providing budgeting, forecasting, consolidation, and reporting for growing enterprises.
- 9#9: Jedox - Self-service planning platform for enterprise budgeting, performance management, and BI analytics.
- 10#10: IBM Planning Analytics - AI-powered multidimensional planning tool for enterprise budgeting, forecasting, and scenario modeling.
We selected these tools based on their strength in core functionalities (budgeting, forecasting, scenario modeling), user experience, integration capabilities, and overall value, ensuring they meet the diverse needs of large enterprises.
Comparison Table
Enterprise budgeting software is vital for modern financial management, enabling organizations to align planning with strategic goals. This comparison table explores leading tools like Anaplan, Workday Adaptive Planning, Oracle EPM Cloud, OneStream, Planful, and more, examining their features, usability, and scalability to help businesses find the right fit.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Anaplan Cloud-based connected planning platform for enterprise budgeting, forecasting, and scenario analysis across finance and operations. | enterprise | 9.4/10 | 9.8/10 | 7.6/10 | 8.7/10 |
| 2 | Workday Adaptive Planning Collaborative cloud FP&A solution for agile budgeting, planning, and forecasting tailored to enterprise needs. | enterprise | 9.1/10 | 9.4/10 | 8.7/10 | 8.5/10 |
| 3 | Oracle EPM Cloud Comprehensive enterprise performance management suite for advanced budgeting, planning, and financial consolidation. | enterprise | 8.7/10 | 9.3/10 | 7.8/10 | 8.2/10 |
| 4 | OneStream Unified CPM platform that streamlines enterprise budgeting, consolidation, reporting, and analytics in one solution. | enterprise | 8.9/10 | 9.4/10 | 7.8/10 | 8.3/10 |
| 5 | Planful Cloud FP&A platform delivering continuous planning, budgeting, and close management for mid-to-large enterprises. | enterprise | 8.6/10 | 9.1/10 | 8.3/10 | 8.2/10 |
| 6 | Vena Excel-integrated financial planning software for enterprise budgeting, forecasting, and reporting workflows. | enterprise | 8.6/10 | 9.1/10 | 8.0/10 | 8.2/10 |
| 7 | SAP Analytics Cloud Integrated analytics and planning solution for enterprise budgeting, predictive forecasting, and BI. | enterprise | 8.6/10 | 9.1/10 | 7.4/10 | 8.0/10 |
| 8 | Prophix CPM software providing budgeting, forecasting, consolidation, and reporting for growing enterprises. | enterprise | 8.2/10 | 8.5/10 | 8.8/10 | 7.8/10 |
| 9 | Jedox Self-service planning platform for enterprise budgeting, performance management, and BI analytics. | enterprise | 8.4/10 | 9.2/10 | 7.6/10 | 8.0/10 |
| 10 | IBM Planning Analytics AI-powered multidimensional planning tool for enterprise budgeting, forecasting, and scenario modeling. | enterprise | 8.2/10 | 9.2/10 | 6.8/10 | 7.5/10 |
Cloud-based connected planning platform for enterprise budgeting, forecasting, and scenario analysis across finance and operations.
Collaborative cloud FP&A solution for agile budgeting, planning, and forecasting tailored to enterprise needs.
Comprehensive enterprise performance management suite for advanced budgeting, planning, and financial consolidation.
Unified CPM platform that streamlines enterprise budgeting, consolidation, reporting, and analytics in one solution.
Cloud FP&A platform delivering continuous planning, budgeting, and close management for mid-to-large enterprises.
Excel-integrated financial planning software for enterprise budgeting, forecasting, and reporting workflows.
Integrated analytics and planning solution for enterprise budgeting, predictive forecasting, and BI.
CPM software providing budgeting, forecasting, consolidation, and reporting for growing enterprises.
Self-service planning platform for enterprise budgeting, performance management, and BI analytics.
AI-powered multidimensional planning tool for enterprise budgeting, forecasting, and scenario modeling.
Anaplan
enterpriseCloud-based connected planning platform for enterprise budgeting, forecasting, and scenario analysis across finance and operations.
Hyperblock™ in-memory calculation engine for instantaneous recalculations across millions of data cells
Anaplan is a cloud-based, connected planning platform designed for enterprise-scale budgeting, forecasting, and financial planning & analysis (FP&A). It features a multi-dimensional modeling engine that enables real-time calculations, scenario modeling, and driver-based planning without traditional coding. Organizations use it to unify financial and operational data, supporting complex hierarchies, allocations, and what-if analyses across departments like finance, sales, and supply chain.
Pros
- Exceptional scalability for massive datasets and global enterprises
- Real-time collaboration and scenario planning capabilities
- Deep integrations with ERPs like SAP, Oracle, and Salesforce
Cons
- Steep learning curve requiring specialized training or consultants
- Complex initial setup and model building
- Premium pricing that may not suit smaller organizations
Best For
Large enterprises with intricate, cross-functional budgeting processes needing real-time insights and high performance.
Pricing
Custom enterprise pricing based on users, modules, and usage; typically starts at $1,000+ per user/year with implementation fees.
Workday Adaptive Planning
enterpriseCollaborative cloud FP&A solution for agile budgeting, planning, and forecasting tailored to enterprise needs.
Native, bi-directional integration with Workday Financials and HCM for operationalized planning beyond traditional spreadsheets.
Workday Adaptive Planning is a cloud-based enterprise planning platform that streamlines budgeting, forecasting, and financial modeling for large organizations. It offers driver-based planning, what-if scenario analysis, and real-time dashboards to support collaborative decision-making across finance teams. Seamlessly integrated with Workday's ERP and HCM modules, it enables unified planning that incorporates operational and HR data for more accurate forecasts.
Pros
- Seamless integration with Workday ERP and HCM for holistic enterprise planning
- Advanced scenario modeling and AI-driven insights for accurate forecasting
- Real-time collaboration tools and customizable dashboards
Cons
- High enterprise-level pricing that may not suit mid-market companies
- Steep initial learning curve and implementation time
- Limited flexibility outside the Workday ecosystem
Best For
Large enterprises already using Workday that need integrated, scalable FP&A capabilities across finance, HR, and operations.
Pricing
Custom subscription pricing starting at around $50,000 annually, scaling with users, modules, and organization size.
Oracle EPM Cloud
enterpriseComprehensive enterprise performance management suite for advanced budgeting, planning, and financial consolidation.
Predictive Intelligence with embedded AI/ML for automated forecasting and anomaly detection
Oracle EPM Cloud is a robust enterprise performance management platform specializing in budgeting, planning, forecasting, and financial close processes. It offers driver-based planning, scenario modeling, predictive analytics powered by AI/ML, and real-time collaboration tools for large-scale organizations. The solution integrates deeply with Oracle's ecosystem, enabling streamlined data flow from ERP systems to support agile financial decision-making.
Pros
- Comprehensive enterprise-grade budgeting and forecasting with AI-driven insights
- Seamless integration with Oracle ERP and other cloud services
- Scalable for complex, multi-entity organizations with strong reporting capabilities
Cons
- Steep learning curve and complex initial setup
- High cost that may not suit smaller enterprises
- Customization often requires specialized expertise or consultants
Best For
Large enterprises with complex budgeting requirements and existing Oracle infrastructure seeking integrated financial planning.
Pricing
Quote-based subscription pricing, typically $800-$2,000+ per user per month depending on modules, users, and deployment scale.
OneStream
enterpriseUnified CPM platform that streamlines enterprise budgeting, consolidation, reporting, and analytics in one solution.
OneStream Marketplace offering over 200 pre-built extensions for rapid customization and integration without extensive coding
OneStream is a unified Corporate Performance Management (CPM) platform designed for enterprise budgeting, forecasting, financial consolidation, and reporting. It enables organizations to manage complex planning processes with driver-based models, scenario analysis, and AI-powered insights all within a single application. Ideal for large enterprises, it supports multi-dimensional data handling, workflow automation, and extensibility through its Marketplace for custom solutions.
Pros
- Unified platform eliminates silos across budgeting, planning, and consolidation
- Scalable for global enterprises with robust multi-entity and currency support
- Extensive Marketplace with pre-built apps and integrations accelerates deployment
Cons
- Steep learning curve and complex initial setup requiring skilled administrators
- High implementation costs and timelines for full customization
- Pricing can be prohibitive for mid-sized organizations
Best For
Large multinational enterprises needing an integrated, scalable CPM solution for comprehensive budgeting and financial planning.
Pricing
Custom quote-based pricing; typically starts at $200,000+ annually for enterprise deployments, scaling with users, modules, and complexity.
Planful
enterpriseCloud FP&A platform delivering continuous planning, budgeting, and close management for mid-to-large enterprises.
Planful Predict: AI-powered forecasting engine that automates predictions and anomaly detection for faster, more accurate planning.
Planful is a cloud-based Financial Performance Platform that specializes in enterprise budgeting, forecasting, reporting, and financial consolidation. It empowers finance teams with continuous planning capabilities, scenario modeling, and AI-driven insights to drive strategic decision-making. Designed for mid-to-large enterprises, it integrates seamlessly with ERP systems like NetSuite and SAP, replacing spreadsheets with scalable, collaborative tools.
Pros
- Robust continuous planning and predictive analytics for agile forecasting
- Strong integration with major ERPs and collaboration features
- Scalable for enterprise-level complexity with real-time reporting
Cons
- High pricing suitable mainly for larger organizations
- Initial setup and advanced customization require expertise
- Limited mobile app functionality compared to competitors
Best For
Mid-to-large enterprises seeking a comprehensive FP&A platform for complex budgeting and multi-entity consolidation.
Pricing
Custom enterprise pricing starting at around $50,000 annually, based on users, modules, and deployment scale; contact sales for quotes.
Vena
enterpriseExcel-integrated financial planning software for enterprise budgeting, forecasting, and reporting workflows.
Native Excel integration that governs and scales spreadsheets into enterprise-grade FP&A without forcing users to abandon familiar tools
Vena Solutions is a cloud-based enterprise performance management (EPM) platform specializing in budgeting, forecasting, planning, and financial reporting, built natively on Microsoft Excel. It enables finance teams to leverage familiar spreadsheets for complex modeling while providing centralized data governance, workflow automation, and integrations with ERPs like NetSuite and SAP. Designed for mid-to-large enterprises, Vena transforms Excel into a scalable, secure solution for FP&A processes.
Pros
- Seamless native integration with Microsoft Excel for flexible modeling
- Robust workflow automation and real-time collaboration tools
- Strong data integration capabilities with ERPs and BI tools like Power BI
Cons
- Steep learning curve for users without advanced Excel skills
- Performance can lag with extremely large datasets or complex models
- Pricing is premium and quote-based, less ideal for smaller teams
Best For
Mid-to-large enterprises with Excel-savvy finance teams needing scalable, spreadsheet-based budgeting and planning.
Pricing
Custom quote-based pricing; typically starts at $100,000+ annually for enterprise deployments, scaling with users and modules.
SAP Analytics Cloud
enterpriseIntegrated analytics and planning solution for enterprise budgeting, predictive forecasting, and BI.
Integrated Planning Modeler for building sophisticated, driver-based budgets with embedded AI predictions and real-time collaboration in a unified interface
SAP Analytics Cloud (SAC) is a cloud-based analytics platform that combines business intelligence, predictive analytics, and advanced planning capabilities into a single environment. For enterprise budgeting, it enables collaborative budget creation, forecasting, scenario modeling, and what-if analysis with real-time data integration. It supports driver-based planning, version control, and allocations, making it ideal for complex, multi-dimensional financial planning across large organizations.
Pros
- Seamless integration with SAP S/4HANA and other ERP systems for real-time data syncing
- Advanced planning tools including multi-model planning, allocations, and AI-powered forecasting
- Strong collaborative features with version management and workflow approvals
Cons
- Steep learning curve, especially for users without prior SAP experience
- High cost with complex, custom enterprise pricing that may not suit smaller firms
- Limited native support for non-SAP data sources without additional connectors
Best For
Large enterprises deeply embedded in the SAP ecosystem seeking integrated, scalable budgeting and planning.
Pricing
Subscription-based, typically $200-500 per user/month depending on modules and capacity; enterprise pricing is custom and often bundled with other SAP services.
Prophix
enterpriseCPM software providing budgeting, forecasting, consolidation, and reporting for growing enterprises.
Native Excel add-in for seamless, spreadsheet-based budgeting and modeling
Prophix is a robust Corporate Performance Management (CPM) platform tailored for enterprise finance teams, specializing in budgeting, forecasting, financial consolidation, and reporting. It features an Excel-like interface that enables collaborative planning without requiring extensive IT support, while integrating seamlessly with ERPs like NetSuite and SAP. The software emphasizes workflow automation and real-time dashboards to drive accurate financial insights and decision-making.
Pros
- Intuitive Excel-centric interface reduces training time
- Strong budgeting, forecasting, and consolidation tools
- Flexible integrations with major ERP systems
Cons
- High pricing may deter smaller enterprises
- Advanced customizations often need partner support
- Analytics features lag behind top AI-driven competitors
Best For
Mid-to-large enterprises with finance teams needing user-friendly CPM for collaborative budgeting and planning.
Pricing
Quote-based, typically starting at $50,000+ annually based on users, modules, and deployment.
Jedox
enterpriseSelf-service planning platform for enterprise budgeting, performance management, and BI analytics.
Patent-pending spreadsheet-based OLAP modeling that delivers enterprise-scale performance within an Excel-like interface
Jedox is an integrated Enterprise Performance Management (EPM) platform specializing in budgeting, planning, forecasting, and financial consolidation for large organizations. It leverages an in-memory OLAP database combined with a familiar spreadsheet interface akin to Microsoft Excel, enabling users to build complex multidimensional models without traditional coding. The software supports real-time collaboration, scenario analysis, and seamless integrations with ERP systems like SAP and Oracle, streamlining enterprise-wide financial processes.
Pros
- Powerful multidimensional modeling for advanced budgeting and forecasting
- Deep integration with Microsoft Excel, PowerPoint, and ERP systems
- Scalable in-memory OLAP engine for fast, real-time calculations and reporting
Cons
- Steep learning curve for non-technical users due to advanced features
- High enterprise-level pricing with custom quotes
- Limited out-of-the-box templates compared to some competitors
Best For
Large enterprises requiring sophisticated, Excel-native budgeting and planning with strong data integration needs.
Pricing
Custom subscription pricing based on users and deployment size, typically starting at $30,000+ annually for mid-sized setups.
IBM Planning Analytics
enterpriseAI-powered multidimensional planning tool for enterprise budgeting, forecasting, and scenario modeling.
AI-infused multidimensional cubes enabling real-time collaborative planning and automated forecasting
IBM Planning Analytics is an integrated planning platform that excels in enterprise budgeting, forecasting, and performance management using multidimensional OLAP modeling. It supports collaborative planning across departments with AI-driven insights, scenario analysis, and real-time data integration from multiple sources. The solution is highly scalable for large organizations and integrates seamlessly with Excel, Cognos, and other IBM tools for flexible workflow deployment.
Pros
- Powerful multidimensional modeling for complex budgeting and what-if scenarios
- AI and machine learning integration for predictive forecasting
- Excellent scalability and integration with enterprise data ecosystems
Cons
- Steep learning curve requiring skilled administrators
- High implementation costs and complexity
- Less intuitive interface compared to modern SaaS alternatives
Best For
Large enterprises with sophisticated planning needs and existing IBM infrastructure seeking robust, scalable budgeting solutions.
Pricing
Custom enterprise licensing starting at around $50,000 annually, plus per-user fees; contact IBM for quotes.
Conclusion
This review of top enterprise budgeting software highlights robust tools, with the top three standing out for their ability to align financial planning with operational needs. Anaplan leads as the top choice, offering a cloud-based connected platform that unifies budgeting, forecasting, and scenario analysis across finance and operations. Workday Adaptive Planning and Oracle EPM Cloud follow closely, each excelling in collaborative agility and comprehensive performance management, respectively, making them strong alternatives for varied business requirements.
Ready to transform your budgeting process? Start with Anaplan to experience seamless, connected planning—empowering teams to forecast, adapt, and drive results that align with your organization’s long-term vision.
Tools Reviewed
All tools were independently evaluated for this comparison
