What users are saying about

Adaptive Insights

Top Rated
204 Ratings

BOARD

62 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

BOARD

62 Ratings
Score 8.4 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

BOARD

  1. BOARD is amazing for Planning, Budgeting and Forecasting.
  2. Implementing and managing scenario based calculations.
  3. Quick and easy to manage dashboards.
  4. Web and mobile capabilities.
Gaurav Suri profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

BI Standard Reporting

Adaptive Insights
BOARD
7.2
Pixel Perfect reports
Adaptive Insights
BOARD
7.0
Customizable dashboards
Adaptive Insights
BOARD
7.7
Report Formatting Templates
Adaptive Insights
BOARD
6.8

Ad-hoc Reporting

Adaptive Insights
BOARD
7.1
Drill-down analysis
Adaptive Insights
BOARD
7.9
Formatting capabilities
Adaptive Insights
BOARD
7.1
Integration with R or other statistical packages
Adaptive Insights
BOARD
6.0
Report sharing and collaboration
Adaptive Insights
BOARD
7.4

Report Output and Scheduling

Adaptive Insights
BOARD
7.2
Publish to Web
Adaptive Insights
BOARD
7.2
Publish to PDF
Adaptive Insights
BOARD
7.2
Report Versioning
Adaptive Insights
BOARD
7.2
Report Delivery Scheduling
Adaptive Insights
BOARD
7.0

Mobile Capabilities

Adaptive Insights
BOARD
6.1
Responsive Design for Web Access
Adaptive Insights
BOARD
6.5
Dedicated iOS Application
Adaptive Insights
BOARD
5.8
Dedicated Android Application
Adaptive Insights
BOARD
5.8
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
BOARD
6.3

Pros

  • Infinite ability to group accounts and departments for reporting. The only limitation is the number of ways that you think of in terms of consolidating the information.
  • Being able to build scalable, complex, distributed, budget models. With the data we can bring into the system and the formulas we can use we have all the functionality of the spreadsheet, but with the flexibility to allow leaders across the organization to participate and update their section.
  • The platform allows multiple forecast/budget versions which allows for version control and sensitivity analysis. I can lock versions from changes while quickly creating a new version to see the impact of a +or- scenario to the company’s profitability.
  • With the OfficeConnect tool we can leverage Excel to provide repeatable reports for the board and other business leaders that are repeatable from month to month. While the platform provides more flexibility than an accounting package it still has limitations. Using OfficeConnect I can leverage the power of the Microsoft suite of Excel/Word/PowerPoint directly.
Brian Kyslinger profile photo
  • Board has some nice visuals and has an interesting way of working with its data model
  • The CPM portion where Board allows you to enter data and store it is particularly useful
  • Board also has a nice online web based user interface
Carlos Artieda, MBA profile photo

Cons

  • When trying to learn about a new feature or a feature I have not used previously it is sometimes difficult to find that information on the help section.
  • Adaptive can be deployed through consultants when they do not have specialized knowledge like higher education. This sometimes makes it difficult to determine who to contact when experiencing issues with the model after implementation.
  • You are limited to one master chart of accounts. When you have multiple businesses this can cause some difficulties that can be overcome, but takes additional thought and planning and can cause issues when making changes.
Brian Kyslinger profile photo
  • Board's data readers and data model are somewhat more complex than advertised as "out of the box" to implement. You need more training than other tools such as PowerBI and Tableau
  • Board's training materials (on demand video) are well put together but costly and don't address all the details you'd like them to. The social blogs also address some topics but don't cover materials particularly well.
  • The look and current feel for Board on the desktop version looks a bit outdated (Office 2007 themed). I'm aware this will change in the coming months.
Carlos Artieda, MBA 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
BOARD10.0
Based on 1 answer
Board Business Intelligence is an integral part of our process.
Mark Breznak profile photo

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
BOARD10.0
Based on 1 answer
No answer on this topic is available.

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
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
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
Company wide for consulting and executive
Mark Breznak profile photo

Alternatives Considered

Prophix & Host Analytics. Chose Adaptive due to the robust features and ease of use.
Andrew Rosenberg profile photo
We chose BOARD over other options because it was something we could configure and extend internally. Other tools were too complicated and expensive to maintain, or not flexible enough for us to change on our own. From a visual perspective, BOARD was very appealing too. It doesn't require much effort to make something look good in BOARD, whereas it was more difficult with some of the other tools we reviewed.
Bob Gill profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
This is one of the best features as personnel in different areas at different sites can work together on the budget, forecast or "what-if" models.
Harry Vasels profile photo
BOARD7.6
Based on 16 answers
In the company I am the only one who develops on BOARD, and I have not yet used the sharing capability. In cases where collaborative development is necessary, though, there would be a lot of possibility to do this thanks to the data entry features (possibly guided by formulas) and to the force of the inverse formulas.
davide bruzzone profile photo

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
BOARD7.7
Based on 20 answers
BOARD seems very flexible when it comes to connecting with various data sources.
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

  • The most positive impact has been on time. While it took some time to get things set up correctly, once we did, we were able to report results very quickly.
  • The budgeting process has gone much more quickly.
  • What-if scenarios are a little trickier. There are multiple ways you can do it. We have chosen to use assumptions for percentages and then copy the original version to a "what-if" version and change the assumption it is pointing to. However, this is a bit clunky.
  • Month-end reporting is getting faster and faster the more we automate through Adaptive.
Amy Kee, CPA profile photo
  • Big impact... allowed us to stay on an old ERP to address the reporting shortcomings
  • Significant value add to other departments by being able to quickly turn new reports and analyses
Brian Zolkos 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

BOARD

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

BOARD More Information