What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
6 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
6 Ratings
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Score 9.6 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

It is well suited for mid-size companies to have a budgeting, forecasting, and reporting platform. The system needs data and someone to maintain it so it would not be well suited for a small company or one without a dedicated finance team.
Brian Kyslinger profile photo

arcplan

It is very suitable for complete corporate BI solutions. If you see BI as embedding information into your organization and business processes, and thus as more than just a few scattered dashboards and reports, arcplan is your platform. It's less suitable for ad-hoc reporting and data discovery. It can do it (everything is possible), but there is strong competition in this area.
Erik Jansma profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
arcplan
7.6
Pixel Perfect reports
Adaptive Insights
9.0
arcplan
6.4
Customizable dashboards
Adaptive Insights
10.0
arcplan
8.0
Report Formatting Templates
Adaptive Insights
9.0
arcplan
8.5

Ad-hoc Reporting

Adaptive Insights
8.0
arcplan
7.4
Drill-down analysis
Adaptive Insights
9.0
arcplan
5.8
Formatting capabilities
Adaptive Insights
7.0
arcplan
6.3
Integration with R or other statistical packages
Adaptive Insights
8.0
arcplan
9.0
Report sharing and collaboration
Adaptive Insights
8.0
arcplan
8.5

Report Output and Scheduling

Adaptive Insights
8.0
arcplan
8.9
Publish to PDF
Adaptive Insights
8.0
arcplan
10.0
Report Versioning
Adaptive Insights
8.0
arcplan
10.0
Report Delivery Scheduling
Adaptive Insights
8.0
arcplan
7.8
Publish to Web
Adaptive Insights
arcplan
7.8

Data Discovery and Visualization

Adaptive Insights
7.7
arcplan
7.1
Pre-built visualization formats (heatmaps, scatter plots etc.)
Adaptive Insights
7.0
arcplan
6.7
Location Analytics / Geographic Visualization
Adaptive Insights
8.0
arcplan
6.7
Predictive Analytics
Adaptive Insights
8.0
arcplan
7.7

Access Control and Security

Adaptive Insights
9.0
arcplan
8.2
Multi-User Support (named login)
Adaptive Insights
9.0
arcplan
9.0
Role-Based Security Model
Adaptive Insights
9.0
arcplan
8.0
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights
9.0
arcplan
7.5

Mobile Capabilities

Adaptive Insights
8.5
arcplan
6.7
Responsive Design for Web Access
Adaptive Insights
8.0
arcplan
8.5
Dedicated iOS Application
Adaptive Insights
8.0
arcplan
5.0
Dedicated Android Application
Adaptive Insights
8.0
arcplan
5.0
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
10.0
arcplan
8.3

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
arcplan
Long-term financial planning
Adaptive Insights
8.9
arcplan
Financial budgeting
Adaptive Insights
8.8
arcplan
Forecasting
Adaptive Insights
9.1
arcplan
Scenario modeling
Adaptive Insights
8.2
arcplan
Management reporting
Adaptive Insights
8.1
arcplan

Consolidation and Close

Adaptive Insights
7.5
arcplan
Financial data consolidation
Adaptive Insights
7.9
arcplan
Journal entries and reports
Adaptive Insights
5.6
arcplan
Multi-currency management
Adaptive Insights
7.6
arcplan
Intercompany Eliminations
Adaptive Insights
7.5
arcplan
Minority Ownership
Adaptive Insights
7.1
arcplan
Local and consolidated reporting
Adaptive Insights
8.3
arcplan
Detailed Audit Trails
Adaptive Insights
8.5
arcplan

FInancial Reporting and Compliance

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

Analytics

Adaptive Insights
7.6
arcplan
Personalized dashboards
Adaptive Insights
7.3
arcplan
Color-coded scorecards
Adaptive Insights
6.8
arcplan
KPIs
Adaptive Insights
8.0
arcplan
Cost and profitability analysis
Adaptive Insights
8.0
arcplan
Key Performance Indicator setting
Adaptive Insights
8.0
arcplan
Benchmarking with external data
Adaptive Insights
7.3
arcplan

Integration

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

Pros

  • Adaptive allows for more detailed budgeting.
  • Adaptive allows managers to have more control over and take ownership of their budgets.
  • Adaptive integrates fairly easily to most ERP and CRM systems.
  • Through integration and the use of Office Connect, monthly and ad hoc reporting is quick and almost painless.
Amy Kee, CPA profile photo
  • Endless functionality. With arcplan, you're not limited to a certain set of functions (like with most competitors), but you can think up and add functionality. This includes things like business process management modules, so that your BI really gets embedded into business processes.
  • One core, one skill-set needed, no coding. As an all-round arcplan developer, you can basically do everything. So, even when things get complex, there is no need for external scripts, macros, VBA code, etc. Even the most advanced corporate BI systems are built in arcplan with one skillset!
  • No end user training needed. With arcplan, it's easy to build applications that work purely intuitively. It's also possible to show/hide advanced options, depending on the type of users you define.
  • No data modelling required. Of course, if the business requires it, you can add semantic layers, but you are not forced to do it in all circumstances. I find this a huge advantage over other products, because most business data sources already are logically structured.
  • Multiple data sources can be connected and you're completely free in combining the data in these sources: create your own, or create modules to associate data 'on the fly', whatever you want. You want ETL? No problem. You want to avoid ETL? No problem either.
  • Write-back capabilities: this is critical if you want to really embed BI into your business processes. In BI, information should be actionable: arcplan allows the end user to really take that action.
  • Great developer interface, which makes it also possible for someone with limited technical skills (but high business acumen) to take part in developments.
  • Pricing and licensing. At first glance, arcplan seems not very cheap compared to competitors. However, the licensing model is logical, and there are no hidden costs. Compare that to 'free' products that become very costly as soon as you want to have an enterprise solution.
Erik Jansma profile photo

Cons

  • Users need more visibility for external reporting. If this already exists, then I would suggest more training or webcasts that cover this topic.
  • On the sales side of things, I would suggest ensuring that your NEW users are aware of the amount of training involved in learning to be an ADMIN for Adaptive Insights. Users need to be able to move beyond the implementation to active use. Yes, Adaptive makes things easy, but only if you know how to write the formulas and set things up correctly to run in the background. Hands-on training is a must! Our implementation was 3 years ago, though, so maybe things have improved somewhat since then.
  • More problem/solution-specific forums for users to interact with each other and find new and better ways of handling unique issues. Since Adaptive is so flexible, it often takes bouncing ideas off others to figure out the best way to plan for certain types of revenue or expenses.
Amy Kee, CPA profile photo
  • Positioning and marketing. Most BI vendors use a non-technical sales strategy and focus on shiny, sexy dashboards to sell the story. In order to position arcplan fairly and correctly, the technical and business advantages need to be part of a sales story. So, it is not really an easy product to sell to customers, if it has to compete with now-to-wow-five-minute products.
  • Learning/training for developers. It's easy to learn the basics of arcplan, because the interface is logical. But nothing prevents a beginning developer from creating a monstrous application, because there is no prescribed architecture. It really takes some experience to become a good arcplan architect. It's a disadvantage resulting from one of arcplan's biggest advantages.
  • Data connectors: arcplan standard comes with a connector of your choice. Additional connectors need to be purchased separately. Many other products come with a full range of connectors.
Erik Jansma profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 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
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
The user interface is familiar to all Excel users and data entry and formula creation is very easy. Minimal training required for new users.
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

Support

Adaptive Insights6.8
Based on 11 answers
Support questions are always answered quickly.
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights8.2
Based on 13 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
No score
No answers yet
No answers on this topic

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 had meetings with several industry leaders and Adaptive was our choice in the end. We liked IBM and also liked Host Analytics for different reasons. In the end it was the combination of cloud, Excel add-in, Office Connect, Discovery, and cost that would ultimately end up with Adaptive. I've used a few similar BI products and it has become my tool of preference. One of the best things about Adaptive is that they are committed to being the best, and to do that they must evolve and enhance the products different modules, I have seen many updates while using the product and I can say that they are making impressive enhancements on a regular basis. I'm very excited to see where they will be in another year.
W. Stephens profile photo
acplan beats Qlik on basically everything, including price. It's technically far superior, provides far better security and unlike Qlik does not require coding when things get complex.arcplan beats Tableau and Yellowfin on capabilities. Tableau and Yellowfin are very good at what they do, but capabilities are limited, unless you call the programmers.arcplan beats SAP BO by being one product, instead of a suite with 10 components using 10 different skill sets. And, as a result, it beats SAP BO hands down on implementation costs and efforts
Erik Jansma profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
This is one of the best features as personnel in different areas at different sites can work together on the budget, forecast or "what-if" models.
Harry Vasels profile photo
arcplan9.0
Based on 2 answers
Security: range of possibilities, like a full AD integrated application framework, or using database security, custom solutions. Ease of sharing data: The Enage module (separately sold) is very powerful, but even standard arcplan enterprise has functions for bookmarking, sharing, mailing etc. There is also a range of possibilities to export reports to PDF, PowerPoint, Excel, Word. There are plenty of options to secure unified formatting, without limiting flexibility. It's therefore also very easy to maintain central layouts. Finally, arcplan comes standard with a scheduler, in which you can automate almost anything, including distribution of reports.
Erik Jansma profile photo

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
arcplan8.0
Based on 2 answers
There are native drivers for data sources and per data source, there may be nice, specific functions and features. Especially on ODBC and SAP, there are great possibilities. The only downside, compared to competitors, is that connectors need to be purchased separately.
Erik Jansma profile photo

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
No score
No answers yet
No answers on this topic

Return on Investment

  • Adaptive Insights has cut our planning cycle by about 75%. Since we have adopted the rolling forecast concept in Adaptive, our plans almost generate themselves. The operational drivers become an integral part of the data we gather, as they drive future financials and provide a road map as to where we are heading.
  • We can respond to financial questions from our customers more quickly because our financial data is at our finger tips at a moments notice. We are better able to see the relationships of our data when we can look across multiple periods and multiple levels and dimensions on the fly. Since we now have one system where we bring in both operational and financial data, we can see relationships that were previously less obvious.
  • We, as finance analysts, are more efficient, as we can respond much quicker, with greater accuracy, because now there is ONE source of the truth, in ONE location.
Robert Scrimshaw profile photo
No answers on this topic

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

arcplan

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

arcplan More Information