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Adaptive Insights, a Workday company

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Top Rated
211 Ratings
6 Ratings

Adaptive Insights, a Workday company

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Top Rated
211 Ratings
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Score 8.6 out of 101
6 Ratings
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Score 9.7 out of 101

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Likelihood to Recommend

Adaptive Insights, a Workday company

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

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
arcplan
8.9
Publish to PDF
Adaptive Insights, a Workday company
8.0
arcplan
10.0
Report Versioning
Adaptive Insights, a Workday company
8.0
arcplan
10.0
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
arcplan
7.8
Publish to Web
Adaptive Insights, a Workday company
arcplan
7.8

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
arcplan
Long-term financial planning
Adaptive Insights, a Workday company
8.8
arcplan
Financial budgeting
Adaptive Insights, a Workday company
8.8
arcplan
Forecasting
Adaptive Insights, a Workday company
9.0
arcplan
Scenario modeling
Adaptive Insights, a Workday company
8.1
arcplan
Management reporting
Adaptive Insights, a Workday company
8.0
arcplan

Consolidation and Close

Adaptive Insights, a Workday company
7.5
arcplan
Financial data consolidation
Adaptive Insights, a Workday company
7.9
arcplan
Journal entries and reports
Adaptive Insights, a Workday company
5.7
arcplan
Multi-currency management
Adaptive Insights, a Workday company
7.5
arcplan
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
arcplan
Minority Ownership
Adaptive Insights, a Workday company
7.1
arcplan
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
arcplan
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
arcplan

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.2
arcplan
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
arcplan
Management Reporting
Adaptive Insights, a Workday company
8.5
arcplan
Excel-based Reporting
Adaptive Insights, a Workday company
8.3
arcplan
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
arcplan
XBRL support for regulatory filing
Adaptive Insights, a Workday company
7.0
arcplan

Analytics

Adaptive Insights, a Workday company
7.5
arcplan
Personalized dashboards
Adaptive Insights, a Workday company
7.3
arcplan
Color-coded scorecards
Adaptive Insights, a Workday company
6.8
arcplan
KPIs
Adaptive Insights, a Workday company
7.9
arcplan
Cost and profitability analysis
Adaptive Insights, a Workday company
7.9
arcplan
Key Performance Indicator setting
Adaptive Insights, a Workday company
7.9
arcplan
Benchmarking with external data
Adaptive Insights, a Workday company
7.3
arcplan

Integration

Adaptive Insights, a Workday company
8.5
arcplan
Flat file integration
Adaptive Insights, a Workday company
8.2
arcplan
Excel data integration
Adaptive Insights, a Workday company
8.6
arcplan
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
arcplan

Pros

  • Allows assumptions to be created for fringes, taxes, capital etc. We are now able to push these type of expenses to individual departments as opposed to a single department. Gives us true costs for each department.
  • The flexibility in revising and creating new sheets allows our organization to modify our budget/forecast approach without much downtime. Also, we can make these modifications internally . No need to hire consultants to complete these tasks.
  • Adaptive Insights is an easy to use/understand tool for end-users. Our users typically struggle with new systems but the Adaptive roll-out was very smooth with very little end-user angst.
Gary Grzesiak 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

  • On the Infographics page, I would love to see a thumbnail of the infographic before clicking on it. In general, I love that when you hover over a box, you get a more detailed description, but I would also love the ability to hover and then click to see a thumbnail before opening the full page.
  • Similarly, I think the Videos page should have the length of each video somewhere on the squares. This would help people judge how much time they would need to watch each one all the way through, and be able to make an informed decision about how many they could watch in between meetings.
  • There is no free text search bar.
Samantha Monastra 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 Insights, a Workday company8.6
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
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Usability

Adaptive Insights, a Workday company7.6
Based on 76 answers
Building complex reports is still difficult to do when using dimension or level attributes. Formulas are still a challenge.
Daniel Killpack profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights, a Workday company9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
No score
No answers yet
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Performance

Adaptive Insights, a Workday company9.1
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
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Support

Adaptive Insights, a Workday company6.8
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 Insights, a Workday company8.2
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
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Implementation

Adaptive Insights, a Workday company8.2
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
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Alternatives Considered

My decision came down to Adaptive vs Host Analytics. Host made the claim that because their sheets were just like excel, you wouldn't need to learn any new commands. Rather, I thought that was a downside. I didn't want another glorified version of excel, I was looking for something different, something new. Adaptive had that. They were also far more willing to work with a nonprofit and become a partner, rather than just a vendor.
Daniel Killpack 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

Scalability

Adaptive Insights, a Workday company9.1
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
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Return on Investment

  • Adaptive offers plenty of flexibility with what-if scenario modeling. It's very easy to save different versions of the plan/forecast and to control access rights to the versions. It's possible to hide versions from all users or to set them as read only.
  • Adaptive makes month end variance analysis very straightforward. Comparing actuals with budget/forecast is quite simple and efficient. It's easy to do a high-level comparison and then to do a deep dive where needed. Also, the budget managers can perform their own reviews simultaneously.
  • We've been using the software for 5 years and our budget/forecast cycles change all of the time. Adaptive offers the flexibility needed to create rolling forecasts that extend out several years. However, I wish that it was easier to roll forward historical results into future periods - there's a mix of actual/budget data that gets rolled forward and there's a lot of editing required to arrive at a baseline budget.
Jennifer Summitt profile photo
No answers on this topic

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

Adaptive Insights, a Workday company 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