What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
Top Rated
206 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
Top Rated
206 Ratings
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Score 8.4 out of 101

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Likelihood to Recommend

Adaptive Insights

It is very helpful for budgeting and reporting. I love how easy it is to automate reports and presentations. It can be more difficult to plan specific activities. It feels more high-level than activity-level. It shows totals rather than individual transactions (either past or future transactions).
Mark McConkie profile photo

Anaplan

We are really excited and looking forward to exploring the forecasting, and "What If" scenarios. Our current business structure makes it very difficult to forecast and project at any level, and I think Anaplan will be a great solution for us.I think for any business that has multiple, or dynamic, hierarchies Anaplan is a great solution. We have reduced the time spent on these dynamic views by using subsets and properties with in the models.I am looking forward to the increased the communication/connected planning aspect that Anaplan brings to our company. In the past we had thousands of Excel workbooks, some that were too large to email or open. We have seen improved interaction and clear lines of communication for our end users by using Anaplan for our budget process.
Matthew Cantwell profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
Anaplan
Pixel Perfect reports
Adaptive Insights
9.0
Anaplan
Customizable dashboards
Adaptive Insights
10.0
Anaplan
Report Formatting Templates
Adaptive Insights
9.0
Anaplan

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Anaplan
Publish to PDF
Adaptive Insights
8.0
Anaplan
Report Versioning
Adaptive Insights
8.0
Anaplan
Report Delivery Scheduling
Adaptive Insights
8.0
Anaplan

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
Anaplan
7.5
Long-term financial planning
Adaptive Insights
8.9
Anaplan
7.4
Financial budgeting
Adaptive Insights
8.8
Anaplan
8.1
Forecasting
Adaptive Insights
9.1
Anaplan
7.7
Scenario modeling
Adaptive Insights
8.2
Anaplan
6.5
Management reporting
Adaptive Insights
8.1
Anaplan
7.6

Consolidation and Close

Adaptive Insights
7.5
Anaplan
6.5
Financial data consolidation
Adaptive Insights
7.9
Anaplan
7.7
Journal entries and reports
Adaptive Insights
5.6
Anaplan
6.6
Multi-currency management
Adaptive Insights
7.6
Anaplan
6.2
Intercompany Eliminations
Adaptive Insights
7.5
Anaplan
5.9
Minority Ownership
Adaptive Insights
7.1
Anaplan
6.0
Local and consolidated reporting
Adaptive Insights
8.3
Anaplan
7.1
Detailed Audit Trails
Adaptive Insights
8.5
Anaplan
6.1

FInancial Reporting and Compliance

Adaptive Insights
8.3
Anaplan
7.6
Financial Statement Reporting
Adaptive Insights
9.0
Anaplan
7.0
Management Reporting
Adaptive Insights
8.6
Anaplan
8.3
Excel-based Reporting
Adaptive Insights
8.4
Anaplan
6.9
Automated board and financial reporting
Adaptive Insights
8.5
Anaplan
8.2
XBRL support for regulatory filing
Adaptive Insights
7.0
Anaplan

Analytics

Adaptive Insights
7.6
Anaplan
6.7
Personalized dashboards
Adaptive Insights
7.3
Anaplan
5.4
Color-coded scorecards
Adaptive Insights
6.8
Anaplan
6.0
KPIs
Adaptive Insights
8.0
Anaplan
7.0
Cost and profitability analysis
Adaptive Insights
8.0
Anaplan
7.0
Key Performance Indicator setting
Adaptive Insights
8.0
Anaplan
7.5
Benchmarking with external data
Adaptive Insights
7.3
Anaplan
7.2

Integration

Adaptive Insights
8.6
Anaplan
8.3
Flat file integration
Adaptive Insights
8.3
Anaplan
8.3
Excel data integration
Adaptive Insights
8.7
Anaplan
8.3
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Anaplan
8.2

Pros

  • Financial Reporting - Building financial statements in OfficeConnect is a breeze! They are quick and easy to update on a monthly basis! The HTML reporting within Adaptive Insights is also particularly useful for department and adhoc reports!
  • Budgeting/Forecasting - Being able to budget/forecast within Adaptive Insights has significantly cut down on the time it takes to budget by utilizing formulas and assumptions within the model! We reforecast quarterly, and with Adaptive Insights, it's painless when compared to the Excel forecasting we did previously.
  • Cash Flow Statement - Creating this for the annual audit was painful before Adaptive Insights! Now, it's a simple export from Adaptive Insights.
  • Dashboards - The dashboards that can be created are endless and provide valuable insight for our executives in real-time!
Denise Lewis profile photo
  • Forecast consolidation and recalcuation
  • Dashboards for entry and review
  • Ease of modelling. Its like Excel but simpler to use.
Andrew Paston profile photo

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • Some of the charting is limited
  • Some formatting options could be better
  • Excel Add-in has only just been revamped
Andrew Paston profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 answers
Compared to other products in the budgeting/planning software industry, Adaptive is the easiest to use with the most robust features, and as a SaaS and cloud-based offering, new features are added with each upgrade.
Andrew Rosenberg profile photo
Anaplan8.2
Based on 3 answers
I don't think we could function without the collaboration capabilities built into Anaplan that replaced disparate Excel files in the workforce planning model
Joe Bradbury profile photo

Usability

Adaptive Insights7.7
Based on 75 answers
Adaptive Insights is incredibly easy to use! OfficeConnect makes creating and updating financial reports a breeze!
Denise Lewis profile photo
Anaplan8.2
Based on 2 answers
There is a dependency in this rating - in that I find Anaplan extremely easy to use, but I've spent the necessary time developing a strong understanding of the platform. Once you understand how to use it, the platform is flexible, easy to use, and fun to use.
Chris Friederich profile photo

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
Anaplan10.0
Based on 1 answer
In nearly 3 years, I have only had 1 issue of being unable to access my model for an unplanned maintenance. Even planned maintenance windows are handled during low traffic hours on the weekend.
Joe Bradbury profile photo

Performance

Adaptive Insights9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo
Anaplan9.0
Based on 1 answer
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
Joe Bradbury profile photo

Support

Adaptive Insights6.8
Based on 11 answers
Support questions are always answered quickly.
Andrew Rosenberg profile photo
Anaplan8.1
Based on 2 answers
I feel like the support team is a little lacking in product knowledge. Several times I have contacted them to get help, and ended up finding a solution to my own problem before the team could get back to me with anything useful. I have also submitted a few bugs, and never got updates to when they were fixed in later releases.
Joe Bradbury profile photo

In-Person Training

No score
No answers yet
No answers on this topic
Anaplan3.0
Based on 1 answer
The in-person training is simply not worth the cost. After a few weeks of playing in Anaplan, I went to the basic training and knew more than the person teaching it. a year down the road, I was the first person to complete the advance training, and again could have been teaching the class better than the person running the session. Spend some time on your own trying out different things and you will get all the understanding you need to be successful.
Joe Bradbury profile photo

Online Training

Adaptive Insights8.2
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
Anaplan5.0
Based on 1 answer
I'm giving this a 5 simply for the anapedia outline of calculations. The online videos and trainings leave a lot to be desired, but having anapedia around to help you understand calculations has been helpful. The drawback to anapedia is the depth they go into for calculations, it is lackluster at times. Because of that, I have been working through a much more in-depth look at each calculation on my website for users to reference: http://www.anaplanguru.com/formulas/
Joe Bradbury profile photo

Implementation

Adaptive Insights8.2
Based on 13 answers
Implementing the software was easy, and utilizing the implementer should be used for best practices and reviewing plan structures, etc.
Andrew Rosenberg profile photo
Anaplan6.8
Based on 12 answers
I won't rate this low due to the 3rd party consultant, because overall the implementation with Anaplan went great. We had working models in our first month of having Anaplan, and have been able to branch out into multiple facets of the business in the 3 years since our first implementation.
Joe Bradbury profile photo

Breadth of Deployment

It is used throughout the company in different divisions and at our corporate level. When used in a division recently the personnel from different departments directly inputted data and monitored their budget against actual. It is very user friendly and flexible.
Harry Vasels profile photo
No answers on this topic

Alternatives Considered

We did not go through a full-blown software selection process, nor have I used other products in the past. Previous to Adaptive, we used Management Reporter (formerly FRx, now part of Microsoft Dynamics GP) for our financial statements, and Excel for our budgeting. Adaptive is far superior to either of those.We pursued Adaptive mainly through word of mouth. When discussing the availability of products with other accounting professionals, it was clear Adaptive was becoming the industry leader for our company size. We had a demo of the product presented by them. Since we liked it so much, we decided to go with them even though we had not reviewed other products.
Jack Kersjes profile photo
Our company was looking at few other products, such as QlikView and Microsoft Access. However, I'm not and was not a fan of either those products.
Changiz Talamroud profile photo

Lines of Business and Business Impact

No answers on this topic
It has eliminated so much busy work for us. It is so much easier to maintain our systems and allows us to actually analyze the data instead of only prepare it.
Todd Kavanaugh profile photo

Selection Process

No answers on this topic
Adaptive and Host Analytics
More flexible and able to handle more data.
Tommy Bettles profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
With workflow I am able to track progress on budget and forecast projects in a timely manner. There is also an organiser to track and assign tasks to users. Security is very flexible.
Robin Webber profile photo
No score
No answers yet
No answers on this topic

Data Integration

Adaptive Insights7.6
Based on 17 answers
It is very simple to update data, both monthly actuals and budgeting data, using an Excel template or the connector.
Robin Webber profile photo
No score
No answers yet
No answers on this topic

Scalability

Adaptive Insights9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo
Anaplan7.0
Based on 1 answer
It's going to handle most of what you can throw at it. The problem lies in the sparsity of some datasets. When you have over 5ish dimensions of sparse data, the size of the model gets bloated for not much value. In several cases, I have had to adapt my model to account for sparsity in a way that minimized use of space, but also made interacting with the data more cumbersome.
Joe Bradbury profile photo

Return on Investment

  • Cycle time for processing financial statements, budgets, and forecasts are greatly reduced.
  • Visibility of company metrics and drivers has been increased across the company.
  • The ease and ability to quickly create multiple forecasts using different scenarios is now available.
Jack Kersjes profile photo
  • Workforce Planning efficiency - so much easier than excel to maintain sensitive information planning
  • Long range plan lead time - the old excel model took weeks to update. The Anaplan model takes hours
Joe Bradbury profile photo

Pricing Details

Adaptive Insights

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

Adaptive Insights More Information

Anaplan

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
Additional Pricing Details
Request a personal demo: https://www.anaplan.com/request-demo/ Free trial for existing customers for any app in the App Hub: https://apphub.anaplan.com/

Anaplan More Information