What users are saying about

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings

BlackLine

15 Ratings

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 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

BlackLine

15 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.2 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

We are a medium-sized holding company, and Adaptive Insights has worked tremendously well for us! We do not currently use it to consolidate our business units, but we plan on exploring that soon. If you find yourself spending numerous hours creating financial statements and budgeting in Excel, then Adaptive Insights may be for you! It saves us an exponential amount of time in variance analysis, refreshing financial statements, and budgeting.
Denise Lewis 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
8.9
BlackLine
Forecasting
Adaptive Insights
9.1
BlackLine
Scenario modeling
Adaptive Insights
8.3
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
7.5
BlackLine
Minority Ownership
Adaptive Insights
7.1
BlackLine
Local and consolidated reporting
Adaptive Insights
8.3
BlackLine
Detailed Audit Trails
Adaptive Insights
8.6
BlackLine

FInancial Reporting and Compliance

Adaptive Insights
8.3
BlackLine
Financial Statement Reporting
Adaptive Insights
9.0
BlackLine
Management Reporting
Adaptive Insights
8.6
BlackLine
Excel-based Reporting
Adaptive Insights
8.4
BlackLine
Automated board and financial reporting
Adaptive Insights
8.5
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
8.0
BlackLine
Cost and profitability analysis
Adaptive Insights
8.1
BlackLine
Key Performance Indicator setting
Adaptive Insights
8.0
BlackLine
Benchmarking with external data
Adaptive Insights
7.3
BlackLine

Integration

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

Pros

  • Adaptive handles the concept of "versions" very well. This makes budgeting, forecasting, and scenario planning particularly easy. You can compare actuals vs budget, vs budget @ different rate, vs forecast or vs prior year all at the quick click of a button.
  • Multi-user, multi-location, multi-currency handled with ease within the system.
  • Adding or removing GL codes, levels or dimensions is really easy and is updated across the entire model.
  • The reporting writing part of the solution is excellent. Once the data is in, you can report any parameter against any other.
Andy Clifton profile photo
  • Task Management is straightforward. Ownership, review, and approval are straightforward and pretty easy to configure and follow.
  • Account Reconciliation works similarly. Supporting documents can be attached to a given rec to ease the audit. If balances change after approved, the approval is peeled back.
  • Integration with our financial system works seamlessly. Configured to run every 4 hours each day, it's helpful to know even when balances change, BlackLine is up-to-date.
Joshua Henke profile photo

Cons

  • Adaptive frequently releases software updates. I would like to see the company offer improved training on new features. Even though Adaptive holds a webinar following each release, it's very fast-paced and high-level and I don't learn much about the new functionality. It would be helpful if Adaptive could hold several webinars when rolling out updates, with each one focusing on just one of their products so that they could do a deeper dive on the enhancements.
  • While I very much enjoy the reporting enhancements offered with OfficeConnect, it's very easy for your spreadsheet to go sideways, meaning your rows suddenly become misaligned and the report becomes unusable. When this happens, it would be nice if the 'undo' option actually worked, but it generally doesn't. More often than not, it's faster to re-create a report from scratch rather than to try to repair a broken spreadsheet.
  • When working in Excel OfficeConnect, it's very frustrating to only have one spreadsheet open at a time. This isn't how most users utilize Excel. I would like the ability to work on multiple files simultaneously.
Jennifer Summitt 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 Insights8.5
Based on 32 answers
We have renewed this a number of times. It fits our business model and it is now an integral part of our organization.
Harry Vasels profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
Adaptive is very user-friendly. There have been a couple things that can be cumbersome but overall, it is a very good tool.
Angelique Stewart 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
Implementing the software was easy, and utilizing the implementer should be used for best practices and reviewing plan structures, etc.
Andrew Rosenberg 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

Adaptive Suite gave us what we needed and fit our use case perfectly. We did short list Host Analytics and they were neck and neck with Adaptive and it was a win/win for us and we would have been successful with either tool. My familiarity with Adaptive, the simplicity of self implementation, the product vision,and the turn around time to get the company up and running made gave Adaptive the edge.
KaReese Watkins, CMA profile photo
  • Flexibility
  • User-friendly
  • Transparency and centralized
Jose Vieira 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
No answers on this topic

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

  • Streamlined financial reporting is the obvious one but also we are happy with the products ability to keep up with our use. We are growing rapidly and adding business units and we are able to easily add to our org structure and not be slowed down by arduous remapping of Excel files, and the maintenance that goes along with it.
  • KPIs and dashboarding. This has always been high priority at my company but it was always Excel based. Now we use Adaptive and the metrics are more readily available and the ability to display them in dashboards will continue to evolve.
  • Long term financial modeling and improved modelling of HC and attrition. We are now able to sit down with functional leaders and determine the impact of attrition during a short meeting, something that used to take for longer.
  • Multi Version instance that allows for what-if-scenario's. We are also able to create groups, which in turn are given access to specific versions, so we can plan for attrition or we can plan for acquisitions and not be concerned with the security and also not be concerned with modifying or changing a forecast by accident.
W. Stephens profile photo
  • Standardization of account reconciliation process across large organization (training, remotely managed, audit accessibility, etc.)
  • Small system administration team
  • Upgrades being automatically added to the current tool
Jose Vieira 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

BlackLine

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

BlackLine More Information