What users are saying about

Adaptive Insights

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Top Rated
206 Ratings
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Adaptive Insights

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Top Rated
206 Ratings
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Score 8.6 out of 101
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Likelihood to Recommend

Adaptive Insights

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

Budget Maestro

No answers on this topic

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Budget Maestro
Publish to PDF
Adaptive Insights
8.0
Budget Maestro
Report Versioning
Adaptive Insights
8.0
Budget Maestro
Report Delivery Scheduling
Adaptive Insights
8.0
Budget Maestro

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
Budget Maestro
Long-term financial planning
Adaptive Insights
8.8
Budget Maestro
Financial budgeting
Adaptive Insights
8.8
Budget Maestro
Forecasting
Adaptive Insights
9.0
Budget Maestro
Scenario modeling
Adaptive Insights
8.1
Budget Maestro
Management reporting
Adaptive Insights
8.1
Budget Maestro

Consolidation and Close

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

FInancial Reporting and Compliance

Adaptive Insights
8.2
Budget Maestro
Financial Statement Reporting
Adaptive Insights
8.9
Budget Maestro
Management Reporting
Adaptive Insights
8.5
Budget Maestro
Excel-based Reporting
Adaptive Insights
8.3
Budget Maestro
Automated board and financial reporting
Adaptive Insights
8.4
Budget Maestro
XBRL support for regulatory filing
Adaptive Insights
7.0
Budget Maestro

Analytics

Adaptive Insights
7.5
Budget Maestro
Personalized dashboards
Adaptive Insights
7.3
Budget Maestro
Color-coded scorecards
Adaptive Insights
6.8
Budget Maestro
KPIs
Adaptive Insights
7.9
Budget Maestro
Cost and profitability analysis
Adaptive Insights
8.0
Budget Maestro
Key Performance Indicator setting
Adaptive Insights
7.9
Budget Maestro
Benchmarking with external data
Adaptive Insights
7.3
Budget Maestro

Integration

Adaptive Insights
8.5
Budget Maestro
Flat file integration
Adaptive Insights
8.2
Budget Maestro
Excel data integration
Adaptive Insights
8.7
Budget Maestro
Direct links to 3rd-party data sources
Adaptive Insights
8.6
Budget Maestro

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
No answers on this topic

Cons

  • The layout of the various reporting options could be displayed in a more user-friendlier way. It's a bit difficult to locate where to find the reports.
  • I'm finding that the drill down feature from the monthly financials section is not as convenient as it should be.
  • The exporting to Excel or PDF format is a bit off - it's time consuming to manipulate the excel to a regular paper size.
Jessalyn Ka profile photo
No answers on this topic

Likelihood to Renew

Adaptive Insights8.6
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 Insights7.6
Based on 75 answers
Building complex reports is still difficult to do when using dimension or level attributes. Formulas are still a challenge.
Daniel Killpack 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 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
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
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
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

  • 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
No answers on this topic

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

Budget Maestro

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

Budget Maestro More Information