What users are saying about
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
215 Ratings
2 Ratings

Adaptive Insights, a Workday company

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
215 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.7 out of 101
2 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 7 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

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

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
No photo available

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
Axiom EPM
8.5
Long-term financial planning
Adaptive Insights, a Workday company
8.8
Axiom EPM
9.0
Financial budgeting
Adaptive Insights, a Workday company
8.7
Axiom EPM
9.0
Forecasting
Adaptive Insights, a Workday company
9.0
Axiom EPM
8.0
Scenario modeling
Adaptive Insights, a Workday company
8.0
Axiom EPM
8.0
Management reporting
Adaptive Insights, a Workday company
8.0
Axiom EPM

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Axiom EPM
9.7
Financial data consolidation
Adaptive Insights, a Workday company
7.9
Axiom EPM
10.0
Journal entries and reports
Adaptive Insights, a Workday company
5.7
Axiom EPM
Multi-currency management
Adaptive Insights, a Workday company
7.4
Axiom EPM
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Axiom EPM
Minority Ownership
Adaptive Insights, a Workday company
6.9
Axiom EPM
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
Axiom EPM
9.0
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
Axiom EPM
10.0

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.1
Axiom EPM
8.3
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
Axiom EPM
8.0
Management Reporting
Adaptive Insights, a Workday company
8.4
Axiom EPM
8.0
Excel-based Reporting
Adaptive Insights, a Workday company
8.2
Axiom EPM
9.0
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
Axiom EPM
8.0
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.8
Axiom EPM

Analytics

Adaptive Insights, a Workday company
7.5
Axiom EPM
8.7
Personalized dashboards
Adaptive Insights, a Workday company
7.3
Axiom EPM
9.0
Color-coded scorecards
Adaptive Insights, a Workday company
6.8
Axiom EPM
KPIs
Adaptive Insights, a Workday company
7.8
Axiom EPM
Cost and profitability analysis
Adaptive Insights, a Workday company
7.9
Axiom EPM
8.0
Key Performance Indicator setting
Adaptive Insights, a Workday company
7.8
Axiom EPM
Benchmarking with external data
Adaptive Insights, a Workday company
7.3
Axiom EPM
9.0

Integration

Adaptive Insights, a Workday company
8.4
Axiom EPM
9.0
Flat file integration
Adaptive Insights, a Workday company
8.1
Axiom EPM
9.0
Excel data integration
Adaptive Insights, a Workday company
8.6
Axiom EPM
9.0
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
Axiom EPM
9.0

Pros

Adaptive Insights, a Workday company

  • Very customizable. You can set up your financial model any way you'd like based on what works best for your company. Set up is also easy to get a handle on. We had hands-on training for 3 days and were able to start building out our models on our own with minimal help afterward.
  • Reports and dashboards are extremely easy to use and build on your own. Recent updates to the dashboard/discovery pack allow users to easily drag and drop items to build interactive dashboards that execs find easy to understand.
  • Extremely easy to maintain the model. Once you have set up your model, its very easy to manage on an ongoing basis, leaving more time for analysis rather than administrative work.
Meghan Gardiner, CPA, CA profile photo

Axiom EPM

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
No photo available

Cons

Adaptive Insights, a Workday company

  • Reporting. I need to save the reports into my personal folder, and then transfer to the new budget folder. I then need to update the time periods for the new budget season.
  • Required fields. Managers many times think they are done, but didn't complete information. Hard to always identify missing information. Better if I could label columns or fields as required and could report on fields not completed.
Bryan Schmidt profile photo

Axiom EPM

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
No photo available

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.6
Based on 32 answers
Our company is upgrading our SAP system this year and exploring one of the SAP reporting modules, but I don't think it will affect our renewal of Adaptive, especially since I know they are going to roll out an Office integration tool later this year.
Chris Snelling, CFA profile photo

Axiom EPM

No score
No answers yet
No answers on this topic

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.5
Based on 76 answers
Adaptive operates like Excel and most business managers know Excel. Most of the effort and lift reside with the managers. There is more of a technical expertise required for maintenance, dash-boarding and report writing. But, the admin staff are fewer and can be staffed by subject matter experts.
Bryan Schmidt profile photo

Axiom EPM

No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
We can access Adaptive anytime 24/7 from any computer or laptop pc or Mac. They are committed to keep this product up to date and relevant
Harry Vasels profile photo

Axiom EPM

No score
No answers yet
No answers on this topic

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

Axiom EPM

No score
No answers yet
No answers on this topic

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 6.8
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

Axiom EPM

Axiom EPM 7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
No photo available

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

Axiom EPM

No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 13 answers
In our experience the Adaptive Suite is quick and easy to deploy. Most implementations are facilitated in just a few weeks but may range depending on organisation complexity from say 2 to 12 weeks with only the very largest and most complex taking a little longer. When key stakeholders are properly engaged and the opportunities for skills transfer are exercised, we find that implementations proceed well and are delivered on time and to project budget
Greg Clarke profile photo

Axiom EPM

No score
No answers yet
No answers on this topic

Alternatives Considered

Adaptive Insights, a Workday company

I was not involved in the selection process, but have interfaced with TM1 to our parent company. My personal experience has found Adaptive to have greater responsiveness.
Mikel Christopherson profile photo

Axiom EPM

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
No photo available

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

Axiom EPM

No score
No answers yet
No answers on this topic

Return on Investment

Adaptive Insights, a Workday company

  • Easily will save 75% of finance team time on budgeting and planning.
  • Improved cost control, budgets, and forecasts are at the users' finger tips with actuals vs. budget vs forecast. No excuses to overspend and allows finance to be better business partners.
KaReese Watkins, CMA profile photo

Axiom EPM

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
No photo available

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

Axiom EPM

General

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

Add comparison