Adaptive Insights Software


 

Adaptive Insights, founded in 2003, provides a web-based system for budgeting, forecasting and reporting. The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service (SaaS) model, Adaptive Insights eliminates the need to purchase new hardware or software. The interface is designed similar to Excel, capitalizing on familiarity to speed up the training process.

Adaptive Insights can serve the needs of many business sizes, including small companies, nonprofit organizations and companies with billions of dollars in revenue. The core Functionalities include budgeting and forecasting, reporting, dashboards, financial modeling and administration.

Adaptive Insights serves the specific needs of business services, healthcare, manufacturing, nonprofit organizations and even software companies.

The Adaptive Insights system has an extensive partner network of value-added resellers (VARs) in many different countries. Each purchase is accompanied with robust implementation, training and support services.

 

Adaptive Insights - Overview
 
  • Adaptive Insights - Overview
    Overview
  • Adaptive Insights - Sheets
    Sheets
  • Adaptive Insights - Reports
    Reports
  • Adaptive Insights - Personnel
    Personnel
  • Adaptive Insights - Product sales
    Product sales
  • Adaptive Insights - Discovery
    Discovery
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000

55 Reviews of Adaptive Insights

 

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Software Advice Reviews (27)
More Reviews (28)

Showing 1-20 of 27

Flavio from Embraer Aero Seating Technologies
Specialty: Manufacturing
Number of employees: 51-200 employees Employees number: 51-200 employees

February 2017

February 2017

Good product ignore you are a serious user.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Extremely flexible planning and reporting tool. Requires good knowledgeable about (I) the business, (ii) company's finance and accounting practices and (iii) ERP and ancillary systems.

 
 

Daniel from Invoca, Inc
Specialty: Software / Technology
Number of employees: 51-200 employees Employees number: 51-200 employees

February 2017

February 2017

Great software once you learn how to use it.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I've been using Adaptive for about 6 months now. I'm using a model that was created by my predecessor, so I had to learn how things were set up by them. Once you get the hang of it, it's not a bad tool to use, but it's not always intuitive. I think I would have a better time if I had implemented the original model myself, but I'm getting used to it. They recently moved away from Java based reporting, which has improved the reporting system interface.

Pros

Create as simple or as complex models as you desire.
Custom reporting
Roadmap with new features coming in 2017

Cons

Not excel based
Complicated variables and formulas

 
 

Stephen from NCR
Specialty: Other
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

AI Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

This tool enables the user easily develop (with minimal time) a nicely tailored template for what-if and Actual situational planning, forecasting and reporting of a variety of metrics. Project / performance management is assisted greatly through liberal use of intuitive dashboards and analytical tools.

Pros

> Strong, secure environment - clearly developed with an appreciation of how to treat company sensitive data.
> Appropriate security levels are easily established and maintained.
> Cloud-based connectivity is the only way to go - AI does a nice job of leveraging this platform.

Cons

> Some effort is required for setup as programming keys are built on a one-by-one basis and thus training is essential for the new user.
> From an international perspective, the consolidation of multiple currency / FX data needs additional development.
> MS Office connectivity is too limited and the user is tempted to use other sw apps where integration is superior to AI architecture.

Advice to Others

Don't try to 'boil the ocean' initially. Suggest a slow build up as the user learns how the software strengths and limitations with a complex project.

 
 

Shivakshi from GlobalLogic
Specialty: Engineering
Number of employees: 5,001-10,000 employees Employees number: 5,001-10,000 employees

November 2016

November 2016

Adaptive Insights

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

There is nothing else out there that is even close to Adaptive Insights. Perfect solution for planning, consolidations, reporting and analysis. Nobody else is even close to it. Appropriate for multiple users, in multiple locations and security is of major concern as the security provided by them is amazing.

Pros

User Friendly.
Amazing user interface.
Simple and very poewrful.
Amazing customer support.
Data Integration.

Cons

Cost is high.

 
 

Ankit from McKinsey and Co
Specialty: Consulting
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Great Tool in the Consulting Industry

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

AI provides cost-effective consolidation of accounts across departments and even companies. It ensures that latest data is available across networks, which remains secure and is easy to manage and generate reports. The main advantage is that it develops continuously on a large user base and the backend support is always on their toes to improve the functionality of the system to better suit the business it is set up for. The time required to set it up initially is totally worth it as it offers unparalleled performance later. Another advantage is that it is really easy to track changes and thus makes it a viable tool for audit purposes. It has the capability to connect to multiple data sources and generate front end user reports.
Making changes in the system, later on, can be a little expensive so a proper analysis of the requirements initially is very important. Apart from that it is a must have software in your toolbox.

Pros

Great support

Cons

Changes in system are expensive

Advice to Others

Highly recommended for all types of industries.

 
 

Adarsh from Tata Consultancy Services
Specialty: Consulting
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Review of Adaptive Insights

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Adaptive Insight is an amazing software which comes with a lot of features integrated to it. They do have an amazing customer support team which is always there to solve your problem. Though the price of the software is little high apart from that it is perfect, can't think of any other con.

 
 

Sahil from GS E&C
Specialty: Engineering
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

November 2016

November 2016

One of the best reporting tools available in the market

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Adaptive Insights is an excellent tool for maintaining data as it allows for entries in the system through just an internet connection without the need of a VPN. The administrator can set up different levels of security in order to protect the information, thus maintaining the confidentiality of data. It is definitely better than most of the other management software's available owing to its dynamic response to data and reporting capabilities.

Pros

1. Access to the sensitive information like employee salaries and the management criteria's are limited to authorized people.
2. Only needs an internet connection to access information on the system.
3. Minimal involvement of IT Department in setting up the system after the environment, so the system maintains the security of sensitive information.

Cons

1. There should be an improvement in the consolidation of data involving multiple currencies.
2. It takes some time to set up the environment as programming formulae have to be one by one and so it requires training at the initial level.
3. The connectivity of MS Office is still limited and there are some other software's which offer better integration.

Advice to Others

I believe the limitations of the software should not prevent the use of the software in any business setup. It still is one of the best tools which handles information very efficiently and can also be accessed remotely. Thumbs up from me.

 
 

Sanchit from Siemens
Specialty: Engineering
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Adaptive Insights: Forecasting tool true to its name

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Adaptive is a much better tool than Excel in handling data as time is not wasted in linking different spreadsheets and validating versions. It is easier to implement throughout the organization so that managers and employees can log in to check the status. It makes the process of monthly forecasting easy and this we can focus on analyzing the results rather than spending time in gathering data in Excel.

Pros

1. Adaptive can link to Office Connect and users can remotely connect to the system without the need of a VPN.
2. What-if scenarios help the managers to design systems which give it a strong forecasting ability.
3. It offers a dynamic interface and offers a cloud access by means of which people can enter data from anywhere and trends are visible dynamically.

Cons

1. It requires quite a bit of practice to be proficient in the use of Adaptive. So, it takes some time to be an efficient user of the software.
2. The graphics are not that great, so you might an additional software to get presentable results.
3. Monthly forecasting is the lowest level of forecasting that we can see which limits its use to an extent if businesses want to see more detailed forecasting.

Advice to Others

I would recommend Adaptive to organizations which require a decent level of monthly forecasting and does not require high-level graphics in the results. It is an efficient tool for budgeting and is a much better tool than excel.

 
 

Srajan from Tata Consultancy Services
Specialty: Consulting
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Review of Adaptive Insights

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Adaptive provided the FP&A a great tool for planning and reporting purposes. Reporting is a breeze with Template and set up sheet. Collaboration is super easy when there are multiple people can work on the same version at the time. We really enjoy the flexibility and independence that this cloud based system provides. Not to mention the fact that you never have to worry or implement a new version, it's always maintained in the cloud.

 
 

Prabhdeep from Capgemini
Specialty: Consulting
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Perfect Software.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

The implementation is very quick and easy. We were up and running in a matter of weeks. The system is easy to use and change. Great connectivity with our accounting system. This is a great tool for handling the budgets for multiple companies. We really enjoy the flexibility and independence that this cloud based system provides.

 
 

Mannat from Lime Tree
Specialty: Engineering
Number of employees: 51-200 employees Employees number: 51-200 employees

November 2016

November 2016

Review of Adaptive Insights

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Best part about this that you don't need to maintain finances anymore (it is automatic). I love that it can be completely customized for the unique details of our company.

Pros

Cloud based.
Easy to change functionality.
Easy to use and update and many more.

Cons

Product is very costly as compared to others.

 
 

Nilesh from New York University School of Engineering
Specialty: Education
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

November 2016

November 2016

Review of Adaptive Insights

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Adaptive Insights is very scalable and very easy to use. Customization is very easy and easy to build reports. You can design whatever you imagine and without IT help. The what-if scenarios capability is one of its major strengths.

Pros

Very easy to use and update.
The flexibility is amazing

Cons

The multi-currency functionality needs some improvement.

 
 

Scott from Hudson
Specialty: Consulting
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2016

October 2016

Very good tool

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Value for Money

Significant upgrade from spreadsheets. Improved budgeting process and provided useful reports.

Pros

Fairly intuitive

Cons

Generating reports required some training.

Advice to Others

For larger organizations it is worth the cost.

 
 

Gino from PHEMI Systems Corporation
Specialty: Software / Technology
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Time Saver

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Although it takes some dedicated time and experience to set this product up I would say it is the top time saving piece of software I have ever used. I was able to setup our company plan with limited assistance from Adaptive. The assistance I did receive was top notch and always available with short advance notice. I opted to use a Adaptive consultant and deal with her on the phone.
The product has been nothing but a time saver. It pays for itself many times over on a monthly basis. Being a startup I am constantly running new spins and versions of the budget and there is no way I could run as many scenarios using just excel. Days worth of work are reduced to hours. Like I said, it pays for itself many times over. I currently run a static budget and forecast on a monthly basis. I also run a one year rolling forecast that I will easily roll into my 2017 budget at year end. I would not hesitate to recommend this product to any of my fellow finance professionals.

Pros

Easy to run scenarios. Copy the forecast and make changes as necessary. Reporting is a breeze and no problems to do all kinds of variance analysis.

Cons

It's complicated to get up and running. You need a dedicated resource to take the time to learn the product. I would say my biggest issue is the weak help manuals.

Advice to Others

Buy it without thinking. You will never regret your decision. Dedicate a resource to the product to learn it. I'm obviously a fan and so would you be if you didn't have to work long nights and weekends spinning excel spreadsheets and chasing broken links.

 
 

Brad from Decker Truck Line, Inc.
Specialty: Transportation

September 2016

September 2016

Very good product.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Very knowledgable and showed us numerious demos. The sales staff did an excellent job.

Likes Least

Little more expensive then we thought. There are other products out there that are cheaper, but we felt this was the best product for what we are trying to get done.

Recommendations

This should help your budgeting process. There is a night and day difference in this product than just using Excel.

 
 

Matthew from GK Horizons
Specialty: Software / Technology

August 2016

August 2016

Easy-to-use, finance owned, superior to Excel. This must be reviewed.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

It is easy-to-use so we don't need any expensive technical people to maintain it. Our management and finance team own the entire solution. It is also very scalable from small organisations to large multinational multi-billion dollar revenue organisations. Scalable in the context of - price, performance, functionality and integration.

Likes Least

A few months ago I would have said the reliance on Java, but that has now been removed. It's happy days for us Adaptive customers.

Recommendations

Look at the heritage of the company to determine the guiding principles and future direction of the company. Also ask to see the solution administration functions. Some companies will offer a free POC or Trial using customer data. They go away set it up, play it back to you. This is done deliberately to hide the complexity and difficulty in setting it up. Customers are then left with a solution that is set up but they are reliant on technical people to maintain it going forward.

 
 

Aaron from Kindred Healthcare
Specialty: Healthcare / Social Services

April 2015

April 2015

My AI Experience

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

The product is easy to use and easy to adapt to new demands. As we continue to learn more about how we can use this product, the work I do compiling data has been decreasing and the time I can spend actually analyzing the data increases!

Likes Least

I would like the reporting of this product to be more robust. It can take a long time to build a report the way you would like it to look and the options for formatting it quickly are limited.

Recommendations

Before you can give a fair recommendation of this product you need to work with someone who can explain its full potential. My company was using it at first for just budgeting, but now I am using it for some monthly analysis and reporting and it works great.

 
 

Bill from Mayo Clinic
Specialty: Healthcare / Social Services

April 2015

April 2015

Review of Adpative Insights Planning Module

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

The vendor is small enough to give personalized attention but big enough to handle all sizes of companies. The product is easy to use, scalable, customizable and easy to navigate within.

Likes Least

I would like the product to be more compatible across different instances. Also, on specific sheets, it would be nice to be able to tab across the fields instead of using the arrow keys. In fields where a drop down menu is used, it would be nice to be able to type a letter and then the drop down menu would appear with the choices that begin with that letter.

Recommendations

Be very explicit in what you want the SOW to show. Ask questions. If you don't see the functionality that you want, ask! More than likely you will get what you need.

 
 

Irene from Gentiva Health Services
Specialty: Healthcare / Social Services

March 2015

March 2015

Budget Model

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

Simplicity, ease of use. It is easy to navigate. The feel is more like Excel. The reports are also easy to build.

Likes Least

Speed seems slow at times. I also would like to have a dedicated representative from AI to our account.

Recommendations

Make the model as simple as possible. The application doesn't seem to handle a large quantity of data very well.

 
 

Rick from Engine Yard
Specialty: Software / Technology

March 2015

March 2015

Adaptive Insights - Planning and Discovery

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

AI allows for you to build a highly customized model for real-time scenario planning, forecasting and analysis of not only financial metrics, but on the overall operation as well. Through intuitive dashboards with visual analytics that provide drill down capabilities, users can easily participate in complete performance management. The software has allowed finance to become a strategic partner with the rest of the operation.

Likes Least

I have not found anything negative about this solution.

Recommendations

Be organized with your implementation. While your model can (and will) change over time, being organized upfront will allow for an easy transition.

 
 
 
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Showing 1-20 of 28


October 2016

October 2016

Best financial tool on the market in my opinion

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I use Adaptive as a replacement for excel in some aspects of my job. I mainly use it as month end communication to send out financial status reports pertaining to actuals vs budget vs forecast. Adaptive Discovery is one tool I utilize to aid in visualizing data in multiple ways through the use of graphs, gauges, pie charts, tables, and many more.

Pros

Allows so many different ways to breakdown data.
Great customer support. The respond quickly and are very knowledgeable.
Easy to manage users with different access levels.
Adaptive is always working to enhance or update features. The platform develops continuously, which is great for the large user base.
Hosts free webinars every so often.
Can be accessed from anywhere as long as you have internet access.

Cons

The learning curve is steep, it takes a lot of time to really get comfortable with the platform.
Not a lot of video tutorials.
The terminology can be confusing sometimes.
Adaptive is open to technical/programming suggestions but often take time to be enacted. You sometimes have to wait for the next release to get the issue resolved.

Advice to Others

It is the future of finance the Adaptive platform is great for reporting, budgeting, and visualizing financial data. It can handle a bulk collection of data and continue to function well, unlike excel.

Source: GetApp
 

Brad from T2 Biosystems
Number of employees: 51-200 employees Employees number: 51-200 employees

September 2016

September 2016

Outstanding Planning and Reporting Platform

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We plan at a very granular level, and Adaptive's formulas and overall approach to modeling has made this tool a pleasure to work with. Like any new tool, it took our team a little bit of time (~3 months) of getting used to it, but this is simply a tool we can't live without now.

In addition to the feature set, the customer support is outstanding. Very responsive to questions and highly knowledgeable on a variety of topics.

Pros

Feature set is very strong.
Customer support is among the best in the industry. Highly responsive to detailed technical questions.

Cons

Like any new platform, it took our team a few months after go-live to really utilize the power of the tool, but now it simply a resource that we can't live without.

Advice to Others

For implementation purposes, take 1-2 months of additional testing before you go live. We didn't have any problems, but during the course of the roll out it became clear that we would have benefited from additional time.

Source: GetApp
 


September 2016

September 2016

Great product!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

It has simplified our work quite a bit. We are no longer dependent on our previous excel-based reporting tools. Creating and modifying reports have become a very process.

Pros

Ease of implementation and use.

Cons

Still developing some modules, need time to improve

Advice to Others

Get it! It'll make your life much easier.

Source: GetApp
 

Ben

September 2016

September 2016

Great Product

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We are going into our third budget cycle using Adaptive and it has made our process much more efficient. Prior to using Adaptive we played budget ping pong, bouncing spreadsheets back and forth and then once we landed on a final version the Finance team consolidated the numbers. Adaptive is great because you can see the impact of a change to the consolidated budget in real time. This is a great software for the Finance team as well as the budget / business managers.

Pros

There are many great features including: audit trails, notes, role permissions and security, the ability to quickly create versions, great technical support, and it’s cloud based.

Cons

There is a report builder in Adaptive and it’s easy to use. However, I do feel like they have focused on making improvements in other areas and the reporting hasn’t made as much progress. I do think this is one area that could use some improvements.

Advice to Others

Take advantage of the 30 day free trial.

Source: GetApp
 

Ben from Kreg Tool Company
Number of employees: 51-200 employees Employees number: 51-200 employees

September 2016

September 2016

Great software to project us into the next level of strategic finance.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Overall, Adaptive Insights has been a great software to work with. AI has increased the FP&A departments productivity during month end close and review by multiple days.

Pros

- The software is a cloud based, so you will have access anywhere you have the internet.
- No more “this worksheet is locked by another user” message.
- Imports and Exports to/from excel seamlessly…for those of you that like to work out of excel.
- Dashboard capabilities for more real time department metrics and visibility to spend.
- Rolling forecasting capabilities that allow us as a company to focus more on the future and less on the past.
- Instant Company budget/forecast results.
- Audit trails…never have to worry who, what, or when someone changed a number you budgeted or forecasted. All changes will be tracked.
- Company-wide visibility to Personnel and Capex planning that drives the cost of benefits, IT equipment, and supplies.

Cons

- Software enhancements are only every 4 to 5 months.
- Levels (Organization Departments) can be restricting to planning across multiple departments
- Noting variances in a report can be tricky at times.

Advice to Others

Have an implementation plan and review it offend.

Source: GetApp
 

Scott from Bridge Investment Group Partners
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

March 2016

March 2016

Great Software

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

I am in the beginning phase of using Adaptive Insights, and I've already seen the how beneficial this software will be in our company. I've previously used IBM's Cognos TM1 software, and while that software is great, it definitely requires a lot more resources (dedicated servers, etc...) to implement it and keep it running. This software has a great, easy-to-use interface that makes building out the architecture simple and easy to follow.

Pros

Ease-of-use
Ability to connect to many data sources
Ability to create front-end user reports
Ability to add many business users with varying security levels

Cons

Office Connectivity - there is an Office Connect module available with Adaptive, but the connectivity to Microsoft Office is still limited. IBM's Cognos TM1 had more options when connecting with Excel.

Source: GetApp
 

Sarah from Clarke
Number of employees: 51-200 employees Employees number: 51-200 employees

March 2016

March 2016

Wonderful experience with Adaptive so far

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

My company has rolled out Adaptive for our budgeting. It took quite a bit of time to build out al of our models. Our budget managers have responded very positively to Adaptive. We appreciate that we are no longer passing excel spreadsheets back and forth. One budget manager even started that she is having the important budget conversations a month earlier than she used to. We are still working to develop our reporting in Adaptive.

Pros

Various user groups can be built out to limit exposure to personnel information.

Cons

Certain sheets still use Java and this can slow things down.

Source: GetApp
 

Kevin from Gentiva Health Services
Number of employees: 10,000+ employees Employees number: 10,000+ employees

March 2016

March 2016

We've had great experiences and success with Adaptive Insights

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

We're a large corporation with multiple lines of business. Our main goal was to simplify our annual budgeting process; to make it easier on the end users, give them ownership of their budgets and to cut down on the time it took to put the whole budget together. Adaptive exceeded those expectations.

Overall it's been great and I would highly recommend it.

Pros

Easy to implement and maintain. Easy for end users to understand how to use the software and the models. Give you instant access to "the whole picture". OfficeConnect is great for reporting.

Cons

Some admin functions are still a little tedious. The built-in reporting module needs some upgrading, but it's adequate.

Source: GetApp
 

Ken from Fonterra
Number of employees: 10,000+ employees Employees number: 10,000+ employees

March 2016

March 2016

Don't look back

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

Collaboration and error free financials with the simplicity of Excel.
I've presented this solution to a number of financial advisers and consultants on behalf of all sorts of enterprises and they are astonished by how easy it is to get up and running and the consistent, single source of truth, information it will give them on a regular basis to help manage their businesses.

Pros

Easy to set-up and deliver results with.
Great for real-time information for planning.
Makes collaboration easier and cuts down processing or number crunhcing time.

Cons

Can take some time for users to be comfortable moving away from Excel and organisations don't often allow enough time to plan the implementation - it is simpler than competitive products but expectation management (you still need a decent plan/structure) is key.

Source: GetApp
 


March 2016

March 2016

A great tool for Planning and variance analysis

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

Adaptive is very adaptive and easy to use. Master/Admin user can add different way for reporting and planning purpose. For instance, I can report different GL in different way for presentation purposes. Moreover, user can even change org structure without affecting Accounting system.

Pros

Easy to use, easy to understand.

Cons

Some constrain in long-term planning.

Source: GetApp
 

Drew from Mitchell International
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

March 2016

March 2016

Adaptive is superior for budgeting and forecasting

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

I was able to get familiar with Adaptive Planning in my first week on the job. Having never used it before, I was amazed at the ease of use. In addition to serving as a data repository for 10+ years of information, the variance analysis reporting is fantastic.

Pros

Ease of use; Intuitive; Connectivity

Cons

Creating new sheets from scratch can be difficult for a novice user

Source: GetApp
 

Kelly from Heidrick & Struggles
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

March 2016

March 2016

In love with Adaptive

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

We are a people business and had the need to create a planning tool that would allow us to enter the many facets of compensation and build formulas that would replicate our compensation model. Consultant bonuses are tied to fees brought in from our clients, and modeling revenue based on each consultants expectations for the year were crucial. We were able to take work once done in Excel and built it into Adaptive which takes away all the pangs of spreadsheet errors and manual consolidation efforts that took days and week that are now done instantly.

Pros

So many pros to list that I'll probably run out of room - reporting and consolidating are the biggest pros, a great deal of checking and consolidating spreadsheets is now eliminated, which allows us to pay more attention to the details. Endless dimensions make it easy to report on data many different way. The customer support is top notch and very responsive. If there is not a solution, you can bet it's already on their list for future enhancements.

Cons

I have been using Adaptive for over 2 years now and have seen great improvements that come with their releases, I just wish it was more than twice a year. The ability to change the org structure or add dimensions and/or attributes to existing fields is a manual effort. Appending (adding) values is easy, but making modifications to existing is still somewhat of a daunting task that shouldn't be. Office Connect is great, but has some limitations. It looks and feels like excel and pivot tables, but it's not easy to apply a filter per say without all the other data points that are not relevant showing up and the only option is to hide zero rows which isn't always a answer. The reporting module is available to everyone as part of planning and doesn't require more money or licenses, it is a bit outdated and for a lack of better words ugly. Im really hoping for a best of both worlds solution.

Source: GetApp
 

Brian from CTI Clinical Trial and Consulting Services
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

March 2016

March 2016

Adaptive Planning is a Must for FP&A

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

Our company has used Adaptive Planning for about 2 years now. We went from a complex Excel spreadsheet based system to an organized and efficient Adaptive budgeting process. The customization and flexibility in the system is almost limitless and impressive.

Pros

Customization, flexibility, value, security

Cons

Administration - learning to build and maintain the system is complex, but that is why the system is so powerful

Source: GetApp
 

Robert from Mayo Clinic
Number of employees: 10,000+ employees Employees number: 10,000+ employees

March 2016

March 2016

Adaptive provides meaningful insight into our financial data!

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

Using Adaptive is a great experience! It's easy to learn, and once you try it, you will love it. I can forecast monthly , quarterly or whenever I like. Because my operational metrics, which drive our revenues and expenses, are also in Adaptive, I feel we get closer to our actual's each month. We have simplified our monthly reporting process from 6 days, to about an hour and a half. That extra time can be used to analyze the data, which is much more rewarding than ticking and tying numbers to a report. Our dashboard is solid and tells a story for our leaders. I love it!

Pros

Ease of use
Speed (refreshing and processing)
Automatic load of our financial data using a connector
Office Connect - an excel add in that allows me to run my financials in an instant
Adaptive Insights support personnel are amazing! I get a call back very quickly if I have a problem, and I don't feel like I'm being rushed when I ask other questions

Cons

The sheets, which display our data across time, would be fantastic if I could add a YTD column anywhere I like.

I would like to see my sheets display some simple graphs, which would allow me to display trends pictorially while reviewing with my customers.

Source: GetApp
 


February 2016

February 2016

Adaptive Insights

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

I use adaptive planning for corporate budgeting and long term forecasting. It is a great tool that is very flexible. Being able to build the financial model in a collaborative, team based manner instead of in numerous different excel models is a much better process.

Pros

[1] Version comparison is easy for variance analysis
[2] Adaptive office connect is a very useful excel based reporting tool
[3] Flexible system based planning and scenario analysis accelerates planning cycles and reduces data integrity issues

Cons

The biggest issue that i have run into is the way actuals flow into locked plan versions.
If you have a formula in a locled plan version that references actuals and you change the actuals data, then it will change you plan numbers even though the period is locked.

Source: GetApp
 


February 2016

February 2016

Adaptive Planning is 100 times better than an Excel Spreadsheet

Ease-of-use

Product Quality

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value

Prior to Adaptive Planning, my company used 100's of complex spreadsheets for our annual budgeting process. The system is configured to do everything our spreadsheets did for us and more. No more formatting spreadsheets for each of our 90 depts...

Pros

Add assumptions one time and all applicable areas are updated.

Cons

Version protection could be better. Some changes in assumptions aren't version specific, therefore previously locked versions are affected. This is not good for companies that use prior budget versions for benchmarking purposes. The reporting module could be a little more robust but can give you some nice basic reports.

Source: GetApp
 

Lenny from Seaspan Ship Management Ltd.
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

February 2016

February 2016

Working with Adaptive Insights is a breeze

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

We have been using Adaptive Insights for over 4 years. So far we are a happy camper. We are happy with our investment and choice. Adaptive greatly cut down our time in deploying and completing our annual budgets.

Pros

- Quick and easy to consolidate all accounts for all business units
- Status tracking is made easy
- Superb customer services

Cons

Would love to see the changes in future releases:
- Ability to import formulas rather than having to manually set up 1000+ formulas in Adaptive;
- Ability to line up notes in reports

Source: GetApp
 

Chris from TASC (Total Administrative Services Corporation)
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

February 2016

February 2016

Adaptive Planning Has Saved Us Thousands of Hours

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

Have been using Adaptive Planning since 2012 for two different companies. The software has steadily improved to handle most of the complexities of our business. The user interface is intuitive and the way it integrates actuals from our accounting software with various versions of forecasts and budgets is a huge timesaver. On top of that, data can be easily accessed through reports or an Office add in.

Pros

The best things about Adaptive Planning are its ability to integrate actuals and budgets/forecasts, its reporting capabilities, the fact that it's cloud based, and the ability to create complex financial models to track and report on business in a dynamic fashion.

Cons

The only issue our company has with Adaptive Planning is that our business model is very complex and hard to duplicate in the Adaptive model. That is not Adaptive's fault, but more so in the implementation and due to ever changing and more complex expectations from management.

Source: GetApp
 

Stephanie Faris

January 2014

January 2014

All aspects of budgeting in one place

Product Quality

Product Quality
Quality

Adaptive Planning allows businesses to easily delegate tasks to ease the process slightly. For smaller businesses, the solution will be be too robust and expensive. Adaptive Planning is a good fit for a company that is large enough for a dedicated CFO.

Since a free trial is available, you can try Adaptive Planning to determine whether you are comfortable with the interface and the functionality before signing a contract.

Pros

Combines all aspects of budgeting in one place

Cons

May be too robust for smaller businesses

Source: GetApp
 

Seby from National Real Estate Co.
Number of employees: 201-500 employees Employees number: 201-500 employees

September 2016

September 2016

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Support
Source: GetApp
 
 
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