What users are saying about
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220 Ratings
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Top Rated
65 Ratings

Adaptive Insights, a Workday company

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Score 8.6 out of 101

Board

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Score 8.4 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

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

Board

Board is well suited for the build of a sales analysis dashboard where data feeds occur daily and slicing and dicing is required. Other functionality or use of the tool is to build a robust set of financials and or other operational reports that are needed. Standardized reports can be put together here.
Carlos Artieda, MBA profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights, a Workday company
9.3
Board
7.2
Pixel Perfect reports
Adaptive Insights, a Workday company
9.0
Board
6.9
Customizable dashboards
Adaptive Insights, a Workday company
10.0
Board
7.6
Report Formatting Templates
Adaptive Insights, a Workday company
9.0
Board
7.0

Ad-hoc Reporting

Adaptive Insights, a Workday company
8.0
Board
7.1
Drill-down analysis
Adaptive Insights, a Workday company
9.0
Board
8.0
Formatting capabilities
Adaptive Insights, a Workday company
7.0
Board
7.1
Integration with R or other statistical packages
Adaptive Insights, a Workday company
8.0
Board
5.8
Report sharing and collaboration
Adaptive Insights, a Workday company
8.0
Board
7.4

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
Board
7.0
Publish to PDF
Adaptive Insights, a Workday company
8.0
Board
7.1
Report Versioning
Adaptive Insights, a Workday company
8.0
Board
7.1
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
Board
7.0
Publish to Web
Adaptive Insights, a Workday company
Board
6.8

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

Adaptive Insights, a Workday company
8.5
Board
6.2
Responsive Design for Web Access
Adaptive Insights, a Workday company
8.0
Board
6.6
Dedicated iOS Application
Adaptive Insights, a Workday company
8.0
Board
5.8
Dedicated Android Application
Adaptive Insights, a Workday company
8.0
Board
5.8
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights, a Workday company
10.0
Board
6.6

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.2
Board
8.7
Long-term financial planning
Adaptive Insights, a Workday company
8.4
Board
9.1
Financial budgeting
Adaptive Insights, a Workday company
8.7
Board
8.6
Forecasting
Adaptive Insights, a Workday company
8.9
Board
9.1
Scenario modeling
Adaptive Insights, a Workday company
6.9
Board
8.2
Management reporting
Adaptive Insights, a Workday company
8.3
Board
8.6

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Board
8.4
Financial data consolidation
Adaptive Insights, a Workday company
8.0
Board
9.0
Journal entries and reports
Adaptive Insights, a Workday company
5.9
Board
9.0
Multi-currency management
Adaptive Insights, a Workday company
7.2
Board
9.0
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Board
9.0
Minority Ownership
Adaptive Insights, a Workday company
7.2
Board
9.0
Local and consolidated reporting
Adaptive Insights, a Workday company
8.1
Board
7.0
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
Board
7.0

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
7.7
Board
8.8
Financial Statement Reporting
Adaptive Insights, a Workday company
8.8
Board
9.0
Management Reporting
Adaptive Insights, a Workday company
8.4
Board
9.0
Excel-based Reporting
Adaptive Insights, a Workday company
7.1
Board
8.6
Automated board and financial reporting
Adaptive Insights, a Workday company
7.6
Board
8.1
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.5
Board
9.0

Analytics

Adaptive Insights, a Workday company
7.2
Board
8.6
Personalized dashboards
Adaptive Insights, a Workday company
7.5
Board
8.5
Color-coded scorecards
Adaptive Insights, a Workday company
6.4
Board
8.5
KPIs
Adaptive Insights, a Workday company
7.3
Board
8.2
Cost and profitability analysis
Adaptive Insights, a Workday company
8.2
Board
9.0
Key Performance Indicator setting
Adaptive Insights, a Workday company
8.0
Board
9.0
Benchmarking with external data
Adaptive Insights, a Workday company
5.9
Board

Integration

Adaptive Insights, a Workday company
8.1
Board
8.5
Flat file integration
Adaptive Insights, a Workday company
7.9
Board
9.0
Excel data integration
Adaptive Insights, a Workday company
8.2
Board
8.6
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.2
Board
7.9

Pros

Adaptive Insights, a Workday company

  • 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

Board

  • Financial Reports: In the past it would take us about 1 1/2 days to prepare manager financial reports and then several hours to provide the detail as needed. These reports were only issued monthly. Currently staff have the ability to run financials any time they need them and then drill down to see the detail of the expenses. This has freed up around two days of work for financial staff.
  • Budget forecasts and projections. We have the ability to pull financial reports for several years to review the expenditures and revenues. This has aided in better projections and forecasts and we can then monitor budget to actual during the year. In the past this was done by downloading data by year to excel spreadsheets.
William Riggs profile photo

Cons

Adaptive Insights, a Workday company

  • The Adaptive Planning portion of the suite is very mature and has few short-comings. The biggest improvement I can think of is the ability for formulas to cross versions.
  • The Adaptive Discovery (dashboard) portion of the suite is much less mature. There are many chart types not available that are in Excel. For example, I would like to have an X-Y scatter chart to use. Also, some of the dial (chart) types have very little formatting options (like pie charts).
  • While the object of the web-based product is to eliminate paper printing, there are times when it is necessary to print financial statements. It would be nice to print directly to pdf with the ability to format the reports.
Jack Kersjes profile photo

Board

  • End-user displays in which you do not have to buy a license for them to see the data being analyzed.
  • So far we have been really pleased.
No photo available

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.8
Based on 33 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

Board

Board 10.0
Based on 1 answer
Board Business Intelligence is an integral part of our process.
Mark Breznak profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.3
Based on 77 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

Board

Board 10.0
Based on 1 answer
No answer on this topic is available.

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo

Board

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

Board

No score
No answers yet
No answers on this topic

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.6
Based on 12 answers
Their support infrastructure is world-class. Of course, they have a team that responds directly to issues/questions, but they also have an ecosystem of support (blogs, user forums) and training (in fact, they're training modules are some of the best I've seen).
Brad MacDonald profile photo

Board

No score
No answers yet
No answers on this topic

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

Board

No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.5
Based on 14 answers
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski profile photo

Board

No score
No answers yet
No answers on this topic

Alternatives Considered

Adaptive Insights, a Workday company

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

Board

We evaluated Cognos, Qlik, Tableau and others. BOARD had the best features, ease of use and price not only as a package but also on an individual basis.
Brian Zolkos profile photo

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

Board

No score
No answers yet
No answers on this topic

Return on Investment

Adaptive Insights, a Workday company

  • Staffing. Almost certain we would have had to hire a full-time budget analyst to process budgets pre-Adaptive. Savings in labor for salary and benefits is about $150 k annually.
  • Quicker ability to report and complete the budget process. Before Adaptive, the budget process took about 4 months. We have shrunk the time required to about 3 months with additional time now for analysis.
  • What if reporting. Nice to see the impact of changes in the budget with a quick turn around time to report.
Bryan Schmidt profile photo

Board

  • Help sales and marketing department to understand business growth.
  • Adapt logistic to sales.
Philippe NOMEZINE profile photo

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

* per seat, per installation

Board

General

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

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