What users are saying about

Adaptive Insights

Top Rated
204 Ratings

AspenOne SCM

30 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

AspenOne SCM

30 Ratings
Score 5.7 out of 101

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Likelihood to Recommend

Adaptive Insights

Adaptive is great if you want to create many what- if scenarios when budgeting and forecasting. Staffing scenarios has been particularly helpful for our HR department when analyze staff needs for future years and analyzing open and unfilled positions over a certain time frame.

Every so often Adaptive's response time when in the system has been slow but Adaptive has rolled out the Elastic Hypercube to take care of that issue.
Gary Grzesiak profile photo

AspenOne SCM

Good for large organizations but can be used across various industries from manufacturing to even medical. Also very Citrix publishing friendly to allow multiple users located anywhere to use AspenOne Supply Chain Management across the organization while consolidating their data in a centralized secure place. This ability to consolidate and centralize applications and data within the same facility makes migration, high availability in DR scenario easier to configure as well.
Keith Kyaw, MBA, ITIL, CCA profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
AspenOne SCM
Long-term financial planning
Adaptive Insights
8.9
AspenOne SCM
Financial budgeting
Adaptive Insights
8.9
AspenOne SCM
Forecasting
Adaptive Insights
9.1
AspenOne SCM
Scenario modeling
Adaptive Insights
8.3
AspenOne SCM
Management reporting
Adaptive Insights
8.2
AspenOne SCM

Consolidation and Close

Adaptive Insights
7.5
AspenOne SCM
Financial data consolidation
Adaptive Insights
7.9
AspenOne SCM
Journal entries and reports
Adaptive Insights
5.5
AspenOne SCM
Multi-currency management
Adaptive Insights
7.7
AspenOne SCM
Intercompany Eliminations
Adaptive Insights
7.5
AspenOne SCM
Minority Ownership
Adaptive Insights
7.0
AspenOne SCM
Local and consolidated reporting
Adaptive Insights
8.3
AspenOne SCM
Detailed Audit Trails
Adaptive Insights
8.6
AspenOne SCM

FInancial Reporting and Compliance

Adaptive Insights
8.3
AspenOne SCM
Financial Statement Reporting
Adaptive Insights
9.0
AspenOne SCM
Management Reporting
Adaptive Insights
8.6
AspenOne SCM
Excel-based Reporting
Adaptive Insights
8.5
AspenOne SCM
Automated board and financial reporting
Adaptive Insights
8.5
AspenOne SCM
XBRL support for regulatory filing
Adaptive Insights
6.9
AspenOne SCM

Analytics

Adaptive Insights
7.6
AspenOne SCM
Personalized dashboards
Adaptive Insights
7.3
AspenOne SCM
Color-coded scorecards
Adaptive Insights
6.8
AspenOne SCM
KPIs
Adaptive Insights
8.0
AspenOne SCM
Cost and profitability analysis
Adaptive Insights
8.1
AspenOne SCM
Key Performance Indicator setting
Adaptive Insights
8.1
AspenOne SCM
Benchmarking with external data
Adaptive Insights
7.3
AspenOne SCM

Integration

Adaptive Insights
8.6
AspenOne SCM
Flat file integration
Adaptive Insights
8.4
AspenOne SCM
Excel data integration
Adaptive Insights
8.8
AspenOne SCM
Direct links to 3rd-party data sources
Adaptive Insights
8.7
AspenOne SCM

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
  • Provides a wealth of data and information interpreted across management and supply chain team located at various offices and plants globally
  • Implementation was with relative ease with small dedicated team. Implementation time was also quick from launch to go-live in three business quarters.
  • Excellent technical support from AspenOne and their tier support is knowledgeable on the product.
  • Good bug fixes and quick support along with predictable update release schedule.
Keith Kyaw, MBA, ITIL, CCA profile photo

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • While AspenOne Supply Chain Management generate a wealth of data and information, the ability to organize and create reports can be time consuming as well as steep learning curve.
  • While incremental updates are predictable, AspenOne major version updates can be difficult to implement with wide user impact causing more downtime than we prefer.
  • Report merge and legacy version conversion tools can be made easier to use with more GUI (graphical user interface) options and less command base as well as status progress graphic and confirmation of completion would be very helpful.
Keith Kyaw, MBA, ITIL, CCA profile photo

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
We just recently renewed our contract and I wouldn't hesitate to renew again. First, Adaptive as a company has a great customer-first attitude and they're great to work with. Their customer service team is fantastic. Second, they are constantly trying to improve the product and make it better, but not losing sight of what we really need. Also, the longer you use the product the more it is filled with priceless data all in one spot with instant access to report on and dig into.
Kevin Bradshaw profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
The Adaptive Suite is well-rounded. We love the add-on OfficeConnect because it allows us to quickly pull data from Adaptive in a report format. Once you set up the OfficeConnect, it's as easy as pushing a button to re-run. This has been especially helpful for month-end reporting and reconciling data in the Budget.
Samantha Monastra profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
It's never been out of action when we've needed to use it.
Lee Hawthorn 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 requests are always handled promptly and resolved favourably.Many user support requests arise during initial deployment and use and often represent questions relating to best methods or how to approach their particular situation, which we gladly assist with as we provide the appropriate skills transfer training and assistance.As clients become more knowledgeable in working with the product suite then they tend not to ask many questions.
Greg Clarke 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


Implementation was very easy and fast. The ability to
customize Levels and Dimensions to match our Organization’s structure and
accounting practices is great. Our organization is continually changing and
adaptive has the ability to be changed without issue.

Rose Sipin 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

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis profile photo
AspenOne Supply Chain Management was a cheaper alternative to SAP HANA and while as not feature-ful and not as easy to integrate with SAP data, the interface was easy enough to configure without the need for HANA. It was also easier and quicker to deploy and implement which alleviated our business pain point. It's like an old saying the best software is the one you can use, now! Our management and supply chain team members have been happy with the product and very few complaints arise from the production usage or performance.
Keith Kyaw, MBA, ITIL, CCA 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
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Data Integration

Adaptive Insights7.6
Based on 17 answers
We have used Adaptive for years and it works well as we adapt to changing business scenarios. We can make changes and see potential impacts to our business before they occur.
Harry Vasels 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
No score
No answers yet
No answers on this topic

Return on Investment

  • We use Adaptive Planning as our main budgeting software. Adaptive is always releasing new features to improve the functionality, and this makes working it is much more efficient.
  • Adaptive has many resources to help you use Adaptive. However, not many answers can be found on Google.
Samantha Monastra profile photo
  • We needed AspenOne Supply Chain Management quickly back in 2013 since our biggest pain point was tracking movement of products and ability for multiple departments and locations to access the information to complete their responsibilities within the organization. Was able to successfully implement in three quarters for go-live.
  • Since our initiation implementation our two major version upgrades did not go as smooth as we would like causing downtime of user access and the system does not have flexibility to run previous version while upgrading to new version. Upgrade path needs to improve to minimize downtime.
  • The business reported quick ROI of better than expected results and the software paid for itself in under three years which beats projection.
  • Centralized implementation makes disaster recovery (DR) configuration easier to manage.
Keith Kyaw, MBA, ITIL, CCA 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

AspenOne SCM

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Additional Pricing Details

AspenOne SCM More Information