What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
1 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
1 Ratings
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Score 7 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

Clearbooks

Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.
Peter Cowley profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Clearbooks
Publish to PDF
Adaptive Insights
8.0
Clearbooks
Report Versioning
Adaptive Insights
8.0
Clearbooks
Report Delivery Scheduling
Adaptive Insights
8.0
Clearbooks

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
Clearbooks
Long-term financial planning
Adaptive Insights
8.9
Clearbooks
Financial budgeting
Adaptive Insights
8.8
Clearbooks
Forecasting
Adaptive Insights
9.1
Clearbooks
Scenario modeling
Adaptive Insights
8.2
Clearbooks
Management reporting
Adaptive Insights
8.1
Clearbooks

Consolidation and Close

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

FInancial Reporting and Compliance

Adaptive Insights
8.3
Clearbooks
Financial Statement Reporting
Adaptive Insights
9.0
Clearbooks
Management Reporting
Adaptive Insights
8.6
Clearbooks
Excel-based Reporting
Adaptive Insights
8.4
Clearbooks
Automated board and financial reporting
Adaptive Insights
8.5
Clearbooks
XBRL support for regulatory filing
Adaptive Insights
7.0
Clearbooks

Analytics

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

Integration

Adaptive Insights
8.6
Clearbooks
Flat file integration
Adaptive Insights
8.3
Clearbooks
Excel data integration
Adaptive Insights
8.7
Clearbooks
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Clearbooks

General Ledger and Configurable Accounting

Adaptive Insights
Clearbooks
5.0
Accounts payable
Adaptive Insights
Clearbooks
5.0
Accounts receivable
Adaptive Insights
Clearbooks
5.0
Cash management
Adaptive Insights
Clearbooks
5.0
Bank reconciliation
Adaptive Insights
Clearbooks
5.0
Expense management
Adaptive Insights
Clearbooks
5.0
Fixed asset management
Adaptive Insights
Clearbooks
5.0

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
  • SaaS, so accessible by anyone, anywhere in the world via a browser
  • Clear and straight forward navigation
  • Good choice of management reports
Peter Cowley profile photo

Cons

  • When we purchased the software, there was no template model for SaaS companies. Given Adaptive itself is a SaaS company, we had hoped that we would receive a template that would have saved us some time upfront in building our models. And we probably would have to build some out differently. But I understand this may be an option for new customers.
  • Some basic functionality like YTD calculations are not built into the formula functionality. You have to manually build this into the formula yourself. But it is an easy fix. It just would be nice to have that, as most companies would be interested in a YTD calc.
  • Being able to format reports/dashboards a bit better with +/- variance differentiators
Meghan Gardiner, CPA, CA profile photo
  • Like any SaaS product, Clearbooks is continuously evolving and being improved
  • Some of the reports still need some work
Peter Cowley profile photo

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 Insights7.7
Based on 75 answers
Fairly easy to get trained on the system and how to build models. Within 3 days of hands-on training, we build out robust capacity models on our own. Reports and dashboards are drag and drop to create.
Meghan Gardiner, CPA, CA profile photo
No score
No answers yet
No answers on this topic

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
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

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

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
Clearbooks was chosen 5 years ago as our accountant recommended it. There is an element of inertia in moving accounts packages.
Peter Cowley 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
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

  • Significantly decreased our budget cycle time. Fewer hours dedicated to running multiple excel scenarios for the budget season and more time spent assessing the overall assumptions/inputs.
  • Reduced our month-end reporting cycle to 2 days with forecasting ready.
Meghan Gardiner, CPA, CA profile photo
  • I am not sure that ROI is an appropriate measure for an accounts package. The cost is around £250/year, which is a tiny fraction of the cost of a bookkeeper/finance controller/finance director/CFO.
Peter Cowley 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

Clearbooks

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

Clearbooks More Information