What users are saying about

Adaptive Insights

Top Rated
204 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

Budget Maestro

3 Ratings
Score 5.9 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

Budget Maestro

If you're looking to get organized and stay organized in terms of cash flow numbers, budgets, inventory etc., Budget Maestro is a very good software to use. It is also a great tool for creating graphs and charts. We found that Budget Maestro produces a more "polished" report vs Microsoft Excel and other similar software.
Travis Watts profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
Budget Maestro
Long-term financial planning
Adaptive Insights
8.9
Budget Maestro
Financial budgeting
Adaptive Insights
8.9
Budget Maestro
Forecasting
Adaptive Insights
9.1
Budget Maestro
Scenario modeling
Adaptive Insights
8.3
Budget Maestro
Management reporting
Adaptive Insights
8.2
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
5.5
Budget Maestro
Multi-currency management
Adaptive Insights
7.7
Budget Maestro
Intercompany Eliminations
Adaptive Insights
7.5
Budget Maestro
Minority Ownership
Adaptive Insights
7.0
Budget Maestro
Local and consolidated reporting
Adaptive Insights
8.3
Budget Maestro
Detailed Audit Trails
Adaptive Insights
8.6
Budget Maestro

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Adaptive Insights
Budget Maestro
9.0
Pay calculation
Adaptive Insights
Budget Maestro
9.0
Benefit plan administration
Adaptive Insights
Budget Maestro
9.0
Direct deposit files
Adaptive Insights
Budget Maestro
9.0
Salary revision and increment management
Adaptive Insights
Budget Maestro
9.0
Reimbursement management
Adaptive Insights
Budget Maestro
9.0

Customization

Adaptive Insights
Budget Maestro
5.5
API for custom integration
Adaptive Insights
Budget Maestro
6.0
Plug-ins
Adaptive Insights
Budget Maestro
5.0

Security

Adaptive Insights
Budget Maestro
8.0
Single sign-on capability
Adaptive Insights
Budget Maestro
8.0
Role-based user permissions
Adaptive Insights
Budget Maestro
8.0

Reporting & Analytics

Adaptive Insights
Budget Maestro
8.7
Dashboards
Adaptive Insights
Budget Maestro
8.0
Standard reports
Adaptive Insights
Budget Maestro
9.0
Custom reports
Adaptive Insights
Budget Maestro
9.0

General Ledger and Configurable Accounting

Adaptive Insights
Budget Maestro
8.3
Accounts payable
Adaptive Insights
Budget Maestro
8.0
Accounts receivable
Adaptive Insights
Budget Maestro
8.0
Cash management
Adaptive Insights
Budget Maestro
9.0
Bank reconciliation
Adaptive Insights
Budget Maestro
9.0
Expense management
Adaptive Insights
Budget Maestro
10.0
Time tracking
Adaptive Insights
Budget Maestro
9.0
Fixed asset management
Adaptive Insights
Budget Maestro
9.0
Self-service portal
Adaptive Insights
Budget Maestro
8.0
Global Financial Support
Adaptive Insights
Budget Maestro
8.0
Intercompany Accounting
Adaptive Insights
Budget Maestro
9.0
Journals and Reconciliations
Adaptive Insights
Budget Maestro
7.0
Enterprise Accounting
Adaptive Insights
Budget Maestro
7.0
Configurable Accounting
Adaptive Insights
Budget Maestro
8.0
Centralized Rules Framework
Adaptive Insights
Budget Maestro
7.0
Standardized Processes
Adaptive Insights
Budget Maestro
9.0

Inventory Management

Adaptive Insights
Budget Maestro
8.3
Inventory tracking
Adaptive Insights
Budget Maestro
9.0
Location management
Adaptive Insights
Budget Maestro
8.0
Manufacturing module
Adaptive Insights
Budget Maestro
8.0

Order Management

Adaptive Insights
Budget Maestro
7.6
Pricing
Adaptive Insights
Budget Maestro
7.0
Order entry
Adaptive Insights
Budget Maestro
7.0
Cost of goods sold
Adaptive Insights
Budget Maestro
8.0
Order Orchestration
Adaptive Insights
Budget Maestro
8.0
End-to-end order visibility
Adaptive Insights
Budget Maestro
8.0

Accounting Firm BPO Features

Adaptive Insights
Budget Maestro
7.7
Branded client dashboards
Adaptive Insights
Budget Maestro
8.0
Configurable alerts
Adaptive Insights
Budget Maestro
7.0
Billing bypass
Adaptive Insights
Budget Maestro
7.0
Client template cloning
Adaptive Insights
Budget Maestro
8.0
Single sign-on
Adaptive Insights
Budget Maestro
8.0
Configurable client onboarding questions
Adaptive Insights
Budget Maestro
8.0
Cross-client workflow management
Adaptive Insights
Budget Maestro
8.0

Pros

  • 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
  • Reporting - Very easy to follow and produce high-quality reports for every aspect of budgeting, cash flow, and revenue data
  • Importing - We import a lot of data on a monthly basis. Budget Maestro is excellent at capturing Excel and CSV files
  • Asset Management - Budget Maestro is a great platform for storing asset related data and keeping inventory
Travis Watts profile photo

Cons

  • Adaptive is adding new features and functionality very quickly. There are typically 3 major releases a year. Sometimes when new features are introduced they really do not work as demonstrated in training. Adaptive should do more vetting of new features and making sure enhancements are ready for wide scale use.
  • Loading data from NetSuite for companies with multiple entities. Now when data is loaded its all or nothing. Sometimes there are changes to only 1 or two companies , it would be nice to have an indicator of which company data has changed and have the option to only load changed data.
  • Some additional security features would be helpful, such as being able to allow access to one user if they need to do a quick update to the system, currently this is based on user role rather than individual user.
  • As and Admin, having the ability to have in system broadcast notes to user, such as " Adaptive will close at 5pm PDT today" and users would get the message if they are signed in or the message would pop up when they sign in.
  • Navigating between sheets could be improved, currently this is done via links, but sometimes it a bit bothersome to go between sheets
  • The ability to change the currency view on a sheet. Currently a sheet will default to the local currency of a sheet, but sometimes you might want a quick view of the sheet in USD. This is not possibly you have to run a report to see the USD conversion.
  • Being able to access reports from the dashboard. Dashboards are great for quick analysis but sometimes you have more meaningful data on reports. If you can put a link on the dashboard to reports this would be helpful for users.
Lisa VanHuystee profile photo
  • Wizards - The widgets and add-on features are limited and have a long way to go (at least on the current version)
  • Unnecessary features - Budget Maestro has added features for the sake of... adding features. A lot of "features" you would likely not use
Travis Watts profile photo

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
At this point we have set up our reporting to integrate with Adaptive. We have spent some non-recurring money to set up and populate the system. Switching at this point would only be an option if we were unhappy with the decision. This might seem like I am side-stepping the issue but I think an important point is being made. Whatever system you decide to go with, changing later is costly and unproductive. We chose Adaptive and have absolutely no regrets. We are currently at a crossroads here at Teachscape and are looking at several different potential options. If we were still relying on a 20 to 40 sheet Excel workbook with thousands of links and formulas, I don't think I would be able to sleep at night. Adaptive gives me a greater level of comfort.
Michael Bright 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
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No answers yet
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Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
We have not experienced issues when we are accessing the system.
Gary Sabulski profile photo
No score
No answers yet
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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
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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
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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
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Implementation

Adaptive Insights8.2
Based on 13 answers
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski profile photo
No score
No answers yet
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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
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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
We initially did heavy research trying to find the best budgeting software around. We used several trials and decided that Budget Maestro was the best fit for our firm. The #1 reason we decided to go with this software was the user-friendliness of the platform. We were able to train 5 staff members over the course of 2 days
Travis Watts 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
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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
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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
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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
  • Positive - We saved lots of man hours finding a simple, easy-to-use software that everyone could learn in a matter of days vs months/years
  • Positive - We use the chart/graph export feature frequently for presentations and client meetings. This has saved us lots of capital over time
  • Negative - We use (two) third-party softwares that we would love to integrate with Budget Maestro; however they do not currently integrate
Travis Watts 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

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