Adaptive Discovery Software

Customizable budget planning

Pros

Can plan budgets for several teams and departments with many features to use

Cons

Complicated to use without going through full tutorial/directions

Great Analysis

It's a great tool and it's meeting a lot of our deadlines for forcecasting. Saving valuable time and dollars.

Pros

software is very productive for forecasting and doing deep financial

Cons

Learning curve, it's not that easy to learn and you have to get used to the product. Can be more user-friendly and there can be more improvements.
can be expensive for some users.

A generally "adaptive" tool

Pros

The tool does a good job of replacing excel for critical business planning functions like forecasting.

Cons

The software can be expensive and time consuming to get set up correctly and occasionally gets glitchy.

Powerful aid in planning effectively, visualising performanc,e monitoring results, intuitive

Pros

Adaptive Insights is called 'adaptive' for a reason - it has a dynamic response to data and reporting- it takes planning, budgeting and forecasting processes out of the realm of slow and manual planning. You can personalise and generate self-intereactive dashboards and charts.

Cons

Its use of Java slows down responsiveness at times dependent on the browser or version of Java installed.

Adaptive Insights for Dynamic Businesses

Pros

There are so many dynamic factors in today's business climate. As a start-up MSP as we are adding partners and capabilities - both software and software across different verticals in our business plan daily, we have a very elastic business model. Yet, we are still financially constrained in start-up mode. So, our projections for revenue, allocation, and hiring as we build our short to long term business plan requires more agility. The ability to aggregate more nimble data to make adjustments in our projections, justifications in key areas like hiring or expansion, and where to focus our budget allocations requires the sophistication representative of what Adaptive Insights offers as opposed to something more static.

Cons

It is too soon for us to measure the impact, but we can't imagine undertaking our growth without something like this for managing and forecasting.

Forecasting made easy!

We were able to better forecast for a large multi affiliate company.

Pros

I love that Adaptive Insights made forecasting so easy. I liked that we could have every department contribute to the forecast and have it all roll into one easy to read report.

Cons

I don't like that changes didn't update in real time, but rather after a refresh. I believe you can have it refresh often so it can be close to real time.

Awesome tool for budgeting and forecasting. We don't even maximize the product and still love it!

The ability to ditch Excel for our annual budget process

Pros

The ability to track payroll, depreciation, and other "sheets" to roll up in the data. Also, we load actuals from our G/L to help with forecasting. Overall, an awesome product.

Cons

Not to much to say here, but there are some complex formulas that need to be written at times. Need to be very careful the data is pulling from the proper sheets when creating a new version(s).

Robust FP&A software. Implementation is costly and seems cumbersome.

Ability to see important financial data necessary for accurate forecasting and budgeting.

Pros

The NetSuite integration, and the connector to MS office applications to automatically update decks is excellent.

Cons

Setting up reports initially can be time consuming, and requires a lot of assistance from the vendor.

While good, I wish it drilled down lower

It aids in our budgeting process

Pros

Adaptive is helpful for accounting and P&L statements from a big picture standpoint. When you need to see your overall profit or revenue statements, it's good. When you need to drill down to find exactly what's in each cell, it becomes much harder.

Cons

I wish more users could access it for our work group. We have additional users that need to have access for budgeting purposes, but it is cost prohibitive to add them on to the package.

Good tool

Pros

It seems to be adaptive from the free trial. Good forecasting based on revenue and expenditure. You can easily customize and the options to import and export is pretty easy. You can easily export to excel.

Cons

Little bit of a learning curve but once you get it, you got it! It's fairly difficult to get set up and get it going but when that's done, it's easy.

Pretty flexible and adaptive

Adaptive is a good substitute for the good old Excel. While it may automate most of the manual work, Adaptive has a quite a room for improvement and I am very hopeful they will continue to get better.

Pros

Adaptive Insights allows to effectively manage both actual data and budget data in one place. Interactive dashboard and data visualization provide real time metric. Another good feature is that it allows collaboration on projects across various departments of the company.

Cons

There were issues with foreign currency conversions that just shouldn't be there in this type of software. It also uses Java which sometimes gives inconsistent user experience (or just won't respond) depending on the browser used and the version of Java installed. The security permissions for users were also not very intuitive to set up.

Nice Forecasting tool

Pros

Adaptive planning is a great forecasting tool for accounting and it provides multiple ways or scenarios to see the project status and to decide upon.

Cons

The software is good but have issues with its responsiveness and some glitches while pulling the data from the excel and converting them.

Great Analytics Software

I would recommend this product hands down over the competitors.

Pros

Full-featured software with all the bells and whistles. It has unlimited flexibility in reporting and analysis options. The reporting features are extremely easy to use, and they can be customized and shared with ease.

Cons

Requires a lot of training to use, but it's worth it in the long run. The software is expensive, and it does require assistance with implementation since there is so much to do to get it up and running.

Great tool of value!

Pros

User friendly and adaptable. Will help keep you organized and get the job done. Budgeting and forecasting creation was excellent. Helped with a focus on KPI's and benefitted from building dashboard. Great experience with customer service. Very friendly and quick to respond.

Cons

Set up took awhile. Slight learning curve. At times page loading slow. As a netsuite user I have had data integration issues. Adaptive did its job. No other complaints.

Direct Integration with netsuite

Pros

- direct integration with netsuite
-ease of use once established
-maintains various types of data including personnel information and financial reporting

Cons

- inability to run reporting on one entity (only runs in consolidation)
- inability to modify reports without creating a new report
- functionality to drill into detail is hit or miss

Super fast and easy to use

Pros

I have been in FP&A for for 5 years and have become somewhat versed in different systems and adaptive has been the best. Super fast updates with the ability to create different forecast scenarios.

Cons

Some of its features don't work on Macs, but otherwise nothing to serious here.

Planning and forecasting made easy.

Pros

The ease of creating forecast versions provides a quick way to develop multiple scenarios during the forecasting process.

Cons

The performance, in terms of responsiveness, in rendering of the sheets and reports, is quite slow. Also, setting up model account calculations, is not as easy.

If you are looking to move away from spreadsheets and have one source for your financial data and reporting data, I highly suggest looking into Adaptive Planning.

Pros

It has all the features you would expect in your financial tool and they are constantly upgrading and adding addiitonal features. Customer support has been excellent and they actually seem to care about their customers.

Cons

Reporting functionality within the system could be enhanced. The native reporting is not that easy to use, would prefer better canned reporting functionality.

I love using Adaptive compared to the other systems I've used

It is a great system and the company is putting a lot of work into the product.

Pros

I like how it is easy to use and that they thought of the things that we really need to do our job. It looks good and works.

Cons

They have an excel add in you can use and I love it. I allows you to use excel to pull data from the system and make your own reports. However, there are sometimes glitches so that's annoying.

Quick results with an intuitive design

This is a very robust software, that allows a strong look into the performance of your Company. The software has changed the way we are able to analyze our business.

Pros

I love the adaptability and ability to gain access to various information. It has allowed much greater access to analyzing our Key Performance Indicators.

Cons

For items that are not uniformly put into our accounting system, there are some workarounds needed to figure out how to display the correct data.