What users are saying about

Adaptive Insights

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Top Rated
206 Ratings
20 Ratings

Adaptive Insights

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Top Rated
206 Ratings
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Score 8.6 out of 101
20 Ratings
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Score 8 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

Coupa

Our main goals were to drive value by focusing on adoption by all, increased visibility in spend, and compliance. Coupa is very easy to use and does not feel like an ERP. Our end users like the easy to use, intuitive interface. A side benefit that we have experienced is that we were able to get rid of a shadow system that our IT department was using to track spending. They are able to use Coupa to track committed and actual spend and reconcile it their budgets and forecasts.
JR Miller profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Pros

  • Financial Reporting - financial statements are done instantaneously once the books are closed. There is no processing required. Recipients of the reports can obtain everything they need self-service. There is no distribution process required.
  • Budgeting/forecasting - We converted our Excel process (which used 30 linked workbooks, 20 sheets each, and 50+ formulas each sheet, for a total of 30,000 formulas) to Adaptive. Now that the model is set up, new forecasts can be set up in minutes, rather than hours/days. The whole model is driver-based and easy to manage. It is much more intuitive for our directors, too. All they need to supply are updated drivers to run a new budget or forecast.
  • Dashboard - We now have a company-wide mechanism for communicating KPIs, and both financial and non-financial data. Data can be presented both visually or in numeric formats.
Jack Kersjes profile photo
  • Sourcing events can be conducted on Coupa. While conducting the event, each sourcing event has the flexibility to have its own team. An Evaluator can also be added to the sourcing event. In our company different teams do sourcing events and coupa accommodates the sourcing event with its own team.
  • There is a facility to add project and task related information to the sourcing events. This is a good feature.
  • Request for Information, Request for Quotation, Request for Proposal can be created in Coupa sourcing. Coupa has the facility to conduct auctions too.
  • The user experience is great on Coupa. Buyers or procurement team need less training as the software is intuitive.
  • There is a facility to add attachments and text messages in sourcing events for suppliers to see and respond.
Shiva Krishna profile photo

Cons

  • Adaptive frequently releases software updates. I would like to see the company offer improved training on new features. Even though Adaptive holds a webinar following each release, it's very fast-paced and high-level and I don't learn much about the new functionality. It would be helpful if Adaptive could hold several webinars when rolling out updates, with each one focusing on just one of their products so that they could do a deeper dive on the enhancements.
  • While I very much enjoy the reporting enhancements offered with OfficeConnect, it's very easy for your spreadsheet to go sideways, meaning your rows suddenly become misaligned and the report becomes unusable. When this happens, it would be nice if the 'undo' option actually worked, but it generally doesn't. More often than not, it's faster to re-create a report from scratch rather than to try to repair a broken spreadsheet.
  • When working in Excel OfficeConnect, it's very frustrating to only have one spreadsheet open at a time. This isn't how most users utilize Excel. I would like the ability to work on multiple files simultaneously.
Jennifer Summitt profile photo
  • Coupa currently lacks a bulk import option which makes it difficult for importing several rows of POs.
No photo available

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
There is a learning curve to using Adaptive but it is easily overcome with regular use. Once a user is comfortable with the tool it is easy to navigate and faster than moving between and maintaining multiple files as was required before Adaptive was implemented.
Justin Wade profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
As far as I recall, it is always up and available when I need to use it, except obviously when it announced couple of hours of down time during its upgrade or maintenance.
Lenny Wu, MBA, MA, CPA, CGA 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
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

I was not involved in the selection process, but have interfaced with TM1 to our parent company. My personal experience has found Adaptive to have greater responsiveness.
Mikel Christopherson profile photo
Coupa fits within our desire to have best of breed systems delivering value to our organization. We generally work with true cloud providers that are available anytime, anywhere for our mobile workforce. We are pleased that Coupa is in our lineup of service solutions.
JR Miller profile photo

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

  • Positive: We are much more efficient now than previously. The time savings alone, and our ability to focus on insights/analytics using less resources has been a great strength to our company.
Brad MacDonald profile photo
  • The Sourcing Module has returned our investment 23 times on an annualized basis.
  • We're now SOX compliant and as a public company, that's keeping us compliant with our corporate charter.
  • Having one central invoicing location has reduced our AP calls significantly. Our suppliers now have visibility into where their invoice is in the payment cycle. We also have a much higher invoice-to-pay cycle.
Scott Coleman CPSM, CPSD, C.P.M 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

Coupa

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

Coupa More Information