Adaptive
About Adaptive
Adaptive Pricing
Starting price:
$300.00 per month
Free trial:
Not Available
Free version:
Not Available
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Most Helpful Reviews for Adaptive
1 - 5 of 27 Reviews
Chris
Accounting, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2023
Must-have augment to your project software - also stands on it's own for financial management
Really innovative financial tools that are super easy to use. Great customer service (although I don't need it much because the software is quite intuitive). New and thoughtful features that obviously consider the pain builders feel with the challenges of construction accounting.
PROSAdaptive is hyper focused on solving a critical and neglected issue with construction finance: smart and efficient day-to-day bookkeeping. Collecting cost transaction info- check. Paying bills easily via ACH - check. Tracking budget vs. actual and syncing beautifully with Quickbooks - check. The BIG SHOWSTOPPER with Adaptive though is the quick invoice/draw creation process. I can create a draw including all cost backup (i.e. images of bills and receipts) literally in under a minute. This used to take maybe an hour for really big invoices/draws, and for sure 10-20 minutes on smaller invoices/draws. Huge time savings. Big gains in reporting.
CONSI hope to see some more development around A/R payment collection (actually collecting customer payments via the app) and around predictive budgeting (helping predict project financial outcomes mid-project).
Reason for choosing Adaptive
Best in class automation of financial processes and reporting
Reasons for switching to Adaptive
I needed construction specific budgeting and A/P solutions. There are good A/P solutions out there but they don't cater to Builders' needs. There are good construction management softwares out there but they aren't dialed in enough on the financial side of things. It's great to have really good financial tools that I can bolt on to project management software.I am an expert in construction finance, having previously served as CFO of a large production builder and now running an accounting firm focused on the industry. We recommend Adaptive as an augment to tools like Buildertrend, CoConstruct, Buildtools, etc. or as a stand alone tool for those who aren't considering using the project management features of the bigger software packages.
Mark
Construction, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
Tranformative software upgrade
I'm more impressed at their INCREDIBLE customer service and efforts and passion about helping US as a construction firm. They CARE deeply that we succeed, make money and manage it seamlessly. This is a big sales tool as well when explained to not only our team but also our clients.
PROSThe ease of use and accessibility to our entire team is a game changer. Everyone loves how simple it is to use and see at a glance what is happening. Its just so intuitive that even if you don't know what your doing your instinct leads you to the right thing because of how its laid out.
CONSThat they were not around 20 years ago when I started!!
Reasons for switching to Adaptive
They were not updating their software and were ok with the status quo. Adaptive is constantly innovating and helping us solve our issues as they arise.
Adam
Construction, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2024
8 Month User
Very positive. Great and fast support. Enhancements regular.
PROSWorkflow Approvals and Cost Code Accounting Accuracy
CONSCost - I find it expensive compared to full service construction project management software
David
Construction, 11-50 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
Project financials put on auto-pilot
Very happy with the experience thus far. The team is more than willing to work with us on items that we feel could be done more efficiently and are very responsive to our requests and questions.
PROSWe moved all of our financial management from Buildertrend to Adaptive because of how much better, easier to use, and streamlined Adaptive is. The automated AP cuts the time required to manage bills from our subs and get people paid.
CONSI would like to see a client portal, but this is something they are working on
Reasons for switching to Adaptive
There were some critical areas of the BuilderTrend side of things we couldn't get full circle. We ARE still using Buildertrend for daily management, scheduling, daily construction logs, to do's, etc.. however we have moved all of the financial management into Adaptive and are very happy with the decision.
Brooke
Construction, 11-50 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2023
Easiest way to stay on top of the books
I really have enjoyed Adaptive. The ease of the software and the team has been great at being receptive to things we are working on or certain reports we need.
PROSI used to spend hours upon hours tracking down receipts from employees and bills from subcontractors. Now, with Adaptive, me and my team just forward everything to the system and then all we have to do is review and approve. It keeps our books up to date on a daily basis, and we can run quicker reports to see everything at once.
CONSThere is a lot of things coming up with future releases and it's hard to keep up with all the changes. They are good changes coming, but I haven't been able to keep up with them all.
Reasons for switching to Adaptive
Adaptive had the ability to process AP invoices as well as credit card receipts, where Abacus was only credit card receipts.