What users are saying about
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Top Rated
219 Ratings

Adaptive Insights, a Workday company

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Top Rated
219 Ratings
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Score 8.5 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

Adaptive Insights is very fit for us as a global company of c.600 employees. We have offices in multiple countries and have multiple users who need to access the data simultaneously. We are going through a rapid period of expansion and change as a business and Adaptive is easily able to keep up.For very small companies, Adaptive may be too much. For a very large organization, there may be other solutions that are more suitable.
Andy Clifton profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights, a Workday company
9.3
Pixel Perfect reports
Adaptive Insights, a Workday company
9.0
Customizable dashboards
Adaptive Insights, a Workday company
10.0
Report Formatting Templates
Adaptive Insights, a Workday company
9.0

Ad-hoc Reporting

Adaptive Insights, a Workday company
8.0
Drill-down analysis
Adaptive Insights, a Workday company
9.0
Formatting capabilities
Adaptive Insights, a Workday company
7.0
Integration with R or other statistical packages
Adaptive Insights, a Workday company
8.0
Report sharing and collaboration
Adaptive Insights, a Workday company
8.0

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
Publish to PDF
Adaptive Insights, a Workday company
8.0
Report Versioning
Adaptive Insights, a Workday company
8.0
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0

Data Discovery and Visualization

Adaptive Insights, a Workday company
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
Adaptive Insights, a Workday company
7.0
Location Analytics / Geographic Visualization
Adaptive Insights, a Workday company
8.0
Predictive Analytics
Adaptive Insights, a Workday company
8.0

Access Control and Security

Adaptive Insights, a Workday company
9.0
Multi-User Support (named login)
Adaptive Insights, a Workday company
9.0
Role-Based Security Model
Adaptive Insights, a Workday company
9.0
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights, a Workday company
9.0

Mobile Capabilities

Adaptive Insights, a Workday company
8.5
Responsive Design for Web Access
Adaptive Insights, a Workday company
8.0
Dedicated iOS Application
Adaptive Insights, a Workday company
8.0
Dedicated Android Application
Adaptive Insights, a Workday company
8.0
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights, a Workday company
10.0

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.3
Long-term financial planning
Adaptive Insights, a Workday company
8.4
Financial budgeting
Adaptive Insights, a Workday company
8.7
Forecasting
Adaptive Insights, a Workday company
8.9
Scenario modeling
Adaptive Insights, a Workday company
7.0
Management reporting
Adaptive Insights, a Workday company
8.3

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Financial data consolidation
Adaptive Insights, a Workday company
8.0
Journal entries and reports
Adaptive Insights, a Workday company
5.8
Multi-currency management
Adaptive Insights, a Workday company
7.2
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Minority Ownership
Adaptive Insights, a Workday company
7.1
Local and consolidated reporting
Adaptive Insights, a Workday company
8.1
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
7.7
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
Management Reporting
Adaptive Insights, a Workday company
8.4
Excel-based Reporting
Adaptive Insights, a Workday company
7.2
Automated board and financial reporting
Adaptive Insights, a Workday company
7.6
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.6

Analytics

Adaptive Insights, a Workday company
7.2
Personalized dashboards
Adaptive Insights, a Workday company
7.4
Color-coded scorecards
Adaptive Insights, a Workday company
6.4
KPIs
Adaptive Insights, a Workday company
7.3
Cost and profitability analysis
Adaptive Insights, a Workday company
8.2
Key Performance Indicator setting
Adaptive Insights, a Workday company
8.0
Benchmarking with external data
Adaptive Insights, a Workday company
6.0

Integration

Adaptive Insights, a Workday company
8.1
Flat file integration
Adaptive Insights, a Workday company
7.9
Excel data integration
Adaptive Insights, a Workday company
8.2
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.2

Pros

Adaptive Insights, a Workday company

  • Adaptive handles the concept of "versions" very well. This makes budgeting, forecasting, and scenario planning particularly easy. You can compare actuals vs budget, vs budget @ different rate, vs forecast or vs prior year all at the quick click of a button.
  • Multi-user, multi-location, multi-currency handled with ease within the system.
  • Adding or removing GL codes, levels or dimensions is really easy and is updated across the entire model.
  • The reporting writing part of the solution is excellent. Once the data is in, you can report any parameter against any other.
Andy Clifton profile photo

Cons

Adaptive Insights, a Workday company

  • For reforecasting (e.g. doing 3 + 9 or 6 + 6), it would be useful to do constant currency analysis for versions that are "hybrid" (i.e. contain actual and plan data). At the moment, the virtual version functionality only works properly for actual or plan only versions.
  • We are a company going through a process of changing financial years and trying to plan over multiple financial periods of different lengths. I have found it very difficult to handle this in the system elegantly.
  • It would be good if there were more "template" models for various common business scenarios (e.g. sets of standard modeled sheets available for personnel and fixed assets) or sets of standard cubes for revenue or projects.
Andy Clifton profile photo

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.8
Based on 33 answers
Intuitive and Easy to MaintainThe Adaptive Suite is a very reliable Corporate Performance Management Solution. The solution is very easy to.use and provides timely, quality reporting. We have used the solution continuously for six years and been very pleased with the ongoing enhancements. Beyond our own positive experience we support many clients across commerce, industry and government. Nearly all our supported customers provide very positive feedback and continue to renew their subscriptions.
Greg Clarke profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.3
Based on 77 answers
There is a learning curve to using Adaptive but it is easily overcome with regular use. Once a user is comfortable with the tool it is easy to navigate and faster than moving between and maintaining multiple files as was required before Adaptive was implemented.
Justin Wade profile photo

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
It's never been out of action when we've needed to use it.
Lee Hawthorn profile photo

Performance

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.6
Based on 12 answers
Their support infrastructure is world-class. Of course, they have a team that responds directly to issues/questions, but they also have an ecosystem of support (blogs, user forums) and training (in fact, they're training modules are some of the best I've seen).
Brad MacDonald profile photo

Online Training

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 6 answers
Training receives the highest rating due to the availability of Webex training from an expert at Adaptive, with several sessions tailored to specific features including personnel, capital, formulas, reporting, etc
Andrew Rosenberg profile photo

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.5
Based on 14 answers
Although having a set of spreadsheet and workbooks helps to define the logic and processes, preparing a requirements document is also an important element in a successful implementation. In addition, dedicating a knowledgeable user as part of the "Scrum" development allows focus and permits the implementation to proceed without time loss and promotes knowledge transfer. Finally, having an onsite developer speeds the process and can reduce the overall cost as well.
Bob Katz, CMA, CFM, CFP® profile photo

Alternatives Considered

Adaptive Insights, a Workday company

I have used Hyperion and TM1 solutions in the past.
Hyperion was expensive and difficult to implement, requires more technical knowledge to set up the business rules for more more hands on IT support.
TM1 was a great tool for FP&A users. However TM1 lacked a report writer and was not a cloud based solution so access for international offices and those who traveled frequently had challenges. Adaptive offers a well-rounded solution cost effective solution with easy access, user friendly interface, built in report writer and dashboard capabilities.
Lisa VanHuystee profile photo

Scalability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo

Return on Investment

Adaptive Insights, a Workday company

  • Budget process has been shortened, while at the same time allowing greater detail. Visibility of prior activities across multiple years has provided greater understanding of the budget/forecast at the lower levels of the company.
  • Month End reporting cycles have been simplified and shortened. Reliability is increased as errors in data transfer between spreadsheets and/or files have been eliminated.
  • Weekly reporting to operating groups is now provided with significantly less resources in the accounting group. Accounting team members are able to concentrate more on accuracy in the accounting entries and less on data entry into reports.
Mikel Christopherson profile photo

Pricing Details

Adaptive Insights, a Workday company

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
1.  per seat, per installation
Additional Pricing Details

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