What users are saying about

Adaptive Insights

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Top Rated
206 Ratings
15 Ratings

Adaptive Insights

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Top Rated
206 Ratings
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Score 8.6 out of 101
15 Ratings
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Score 8.2 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

BlackLine

I ranked it high at a 7/10 primarily because there's not much competition. It generally gets the job done, but they could really up their game with healthy competition. There are a few other modules, like Consolidations and Variance Analysis, we do not use and could benefit us.For our use, it's overkill as a glorified checklist. This is our primary use and, while important, is pretty expensive, given how many user licenses we need.We are beginning to enable multiple subsidiaries and multiple currency. It's capabilities here and the knowledge fo the Product Manager are encouraging. Seems straightforward, conceptually.
Joshua Henke profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

Adaptive Insights
7.6
BlackLine
Personalized dashboards
Adaptive Insights
7.3
BlackLine
Color-coded scorecards
Adaptive Insights
6.8
BlackLine
KPIs
Adaptive Insights
7.9
BlackLine
Cost and profitability analysis
Adaptive Insights
8.0
BlackLine
Key Performance Indicator setting
Adaptive Insights
8.0
BlackLine
Benchmarking with external data
Adaptive Insights
7.3
BlackLine

Integration

Adaptive Insights
8.5
BlackLine
Flat file integration
Adaptive Insights
8.3
BlackLine
Excel data integration
Adaptive Insights
8.7
BlackLine
Direct links to 3rd-party data sources
Adaptive Insights
8.7
BlackLine

Pros

  • Web-based system which eliminates the need to purchase new software. System is accessible anywhere as long as there is internet access.
  • Its features provide for good planning, budgeting, and forecasting.
  • The ability to create customized reports is a very nice touch - we are able to share this across our organization.
Jessalyn Ka profile photo
  • Adaptable software for your ever-changing organization.
  • Easy to use interface.
  • Quick and easy to setup -- to go from zero to one.
  • Evolving product offering with attentive product management team.
  • Industry leader, thus it's likely your team members have already leveraged it previously.
No photo available

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
  • Flexibility to upgrade custom modules without having to resort to technical support
  • Familiarity by the Technical Support team with the customer's configurations so that cases are resolved more timely
  • More regional meetings for users to exchange experiences
Jose Vieira 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 Insights7.6
Based on 75 answers
Fairly easy to get trained on the system and how to build models. Within 3 days of hands-on training, we build out robust capacity models on our own. Reports and dashboards are drag and drop to create.
Meghan Gardiner, CPA, CA 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
BlackLine5.0
Based on 1 answer
They're responsive, kind and patient, but communication skills and basic business acumen lack.
Joshua Henke 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
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

Alternatives Considered

We previously only used Excel for budgeting and reporting. We now use Adaptive for all budgeting and use an add-on product called Office Connect to build reports that automate our data each month. We find the Office Connect reporting a little more user-friendly than the in-house reporting feature.
Amy Kee, CPA profile photo
Blackline is a more automated solution than Oracle.
No photo available

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

  • Once Adaptive was deployed we shorten our budget input cycle from about 1 month to 1 week for user inputs. Allowing more time to do meaningful analysis
  • With the use of office connect for BoD package reporting, I am able to quickly update a BoD deck. It usually takes about 30 minutes to an hour to change the settings in my standard reports and once this is done, if I make a change to the data in Adaptive, I can update the base reports and my PowerPoint slides are updated in a matter of seconds to minutes.
  • I estimated we save 1 to 2 FPA headcount because of Adaptive.
  • I have a 3 Year license agreement with Adaptive and because of this we receive multi year discounts.
Lisa VanHuystee profile photo
  • Reduced time to reconcile accounts
  • Streamline reconciliations process
No photo available

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

BlackLine

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

BlackLine More Information