What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
20 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
20 Ratings
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Score 7.9 out of 101

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Likelihood to Recommend

Adaptive Insights

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

Financial Edge

Financial edge is great for tracking revenue and expenses for specific donor-designated gifts. It is easy to create projects for each designation that allows for tracking and reporting. I would like to see some expansion in reporting based on projects. We currently have built custom reports for reporting to our end-users and donors on project balances.
Stephanie Ulmer profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Financial Edge
Publish to PDF
Adaptive Insights
8.0
Financial Edge
Report Versioning
Adaptive Insights
8.0
Financial Edge
Report Delivery Scheduling
Adaptive Insights
8.0
Financial Edge

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Adaptive Insights
Financial Edge
8.1
Pay calculation
Adaptive Insights
Financial Edge
9.0
Benefit plan administration
Adaptive Insights
Financial Edge
7.0
Direct deposit files
Adaptive Insights
Financial Edge
8.0
Salary revision and increment management
Adaptive Insights
Financial Edge
7.5
Reimbursement management
Adaptive Insights
Financial Edge
9.0

Customization

Adaptive Insights
Financial Edge
8.0
API for custom integration
Adaptive Insights
Financial Edge
9.0
Plug-ins
Adaptive Insights
Financial Edge
6.9

Security

Adaptive Insights
Financial Edge
8.9
Single sign-on capability
Adaptive Insights
Financial Edge
8.9
Role-based user permissions
Adaptive Insights
Financial Edge
9.0

Reporting & Analytics

Adaptive Insights
Financial Edge
7.6
Dashboards
Adaptive Insights
Financial Edge
7.5
Standard reports
Adaptive Insights
Financial Edge
7.2
Custom reports
Adaptive Insights
Financial Edge
8.2

General Ledger and Configurable Accounting

Adaptive Insights
Financial Edge
8.4
Accounts payable
Adaptive Insights
Financial Edge
8.5
Accounts receivable
Adaptive Insights
Financial Edge
8.7
Cash management
Adaptive Insights
Financial Edge
8.5
Bank reconciliation
Adaptive Insights
Financial Edge
8.9
Expense management
Adaptive Insights
Financial Edge
8.3
Time tracking
Adaptive Insights
Financial Edge
7.0
Fixed asset management
Adaptive Insights
Financial Edge
8.5
Multi-currency support
Adaptive Insights
Financial Edge
9.0
Multi-division support
Adaptive Insights
Financial Edge
9.0
Regulations compliance
Adaptive Insights
Financial Edge
8.7
Electronic tax filing
Adaptive Insights
Financial Edge
8.0
Self-service portal
Adaptive Insights
Financial Edge
6.8
Global Financial Support
Adaptive Insights
Financial Edge
8.0
Primary and Secondary Ledgers
Adaptive Insights
Financial Edge
8.0
Intercompany Accounting
Adaptive Insights
Financial Edge
8.0
Localizations
Adaptive Insights
Financial Edge
9.0
Journals and Reconciliations
Adaptive Insights
Financial Edge
9.0
Enterprise Accounting
Adaptive Insights
Financial Edge
9.0
Configurable Accounting
Adaptive Insights
Financial Edge
7.1
Centralized Rules Framework
Adaptive Insights
Financial Edge
9.0
Standardized Processes
Adaptive Insights
Financial Edge
8.7

Inventory Management

Adaptive Insights
Financial Edge
8.0
Location management
Adaptive Insights
Financial Edge
8.0

Order Management

Adaptive Insights
Financial Edge
8.0
Pricing
Adaptive Insights
Financial Edge
8.0
Order entry
Adaptive Insights
Financial Edge
8.0
Credit card processing
Adaptive Insights
Financial Edge
8.0
Cost of goods sold
Adaptive Insights
Financial Edge
8.0
Order Orchestration
Adaptive Insights
Financial Edge
8.0
End-to-end order visibility
Adaptive Insights
Financial Edge
8.0
Order exception Resolution
Adaptive Insights
Financial Edge
8.0

Accounting Firm BPO Features

Adaptive Insights
Financial Edge
8.0
Branded client dashboards
Adaptive Insights
Financial Edge
8.0
Client data roll-up capabilities
Adaptive Insights
Financial Edge
8.0
Client data consolidation for benchmarking
Adaptive Insights
Financial Edge
8.0
Configurable alerts
Adaptive Insights
Financial Edge
8.0
Billing bypass
Adaptive Insights
Financial Edge
8.0
Client template cloning
Adaptive Insights
Financial Edge
8.0
Single sign-on
Adaptive Insights
Financial Edge
8.0
Configurable client onboarding questions
Adaptive Insights
Financial Edge
8.0
Cross-client workflow management
Adaptive Insights
Financial Edge
8.0
Industry-specific versioning
Adaptive Insights
Financial Edge
8.0
Legacy system data migration
Adaptive Insights
Financial Edge
8.0

Pros

  • Adaptive Insights has so many good resources and easy filtering capabilities with active searching. When you go to a section of Adaptive Insights, you will see filters at the top of the page. As you change them, the contents of the page change to suit what you're looking for. This makes it easy to find the resources you need!
  • As previously mentioned, the FP&A Glossary is a great feature due to its concise definition of many common terms in FP&A.
  • I have not had much experience with the eBooks section of Adaptive Insights, but there are is a wide variety of topics to explore, such as rolling forecasts, and best practices for controllers.
Samantha Monastra profile photo
  • Financial edge is able to be customized in a way that fits our organization.
  • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
  • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
Stephanie Ulmer profile photo

Cons

  • On the Infographics page, I would love to see a thumbnail of the infographic before clicking on it. In general, I love that when you hover over a box, you get a more detailed description, but I would also love the ability to hover and then click to see a thumbnail before opening the full page.
  • Similarly, I think the Videos page should have the length of each video somewhere on the squares. This would help people judge how much time they would need to watch each one all the way through, and be able to make an informed decision about how many they could watch in between meetings.
  • There is no free text search bar.
Samantha Monastra profile photo
  • Not for "out of the box" users - Financial Edge is a great system, but implementation requires support or even an consultant. You want to make sure you have set it up correctly - not duplicating what you have always done, but in a way that makes the robust reporting in FE work for you.
  • Better exported reports - Reports exported to Excel always seem to have too many lines and columns as well as at least one column that is off one cell to the right. Not a huge issue, but it takes a little time to reformat.
Wendy Johnson profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 answers
There is nothing else out there that even comes close. I think of what the perfect solution is for planning, consolidations, reporting and analysis and Adaptive is already there. Nobody else is even in the same ball park. The support staff is the greatest. They respond very rapidly with the same level of concern that we as customers show
Robert Scrimshaw profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
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
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
Although having a set of spreadsheet and workbooks helps to define the logic and processes, preparing a requirements document is also an important element in a successful implementation. In addition, dedicating a knowledgeable user as part of the "Scrum" development allows focus and permits the implementation to proceed without time loss and promotes knowledge transfer. Finally, having an onsite developer speeds the process and can reduce the overall cost as well.
Bob Katz, CMA, CFM, CFP® 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

Other than Excel, we did not look at other systems. Key for us was also a bridge or link to our current ERP system, Intacct. I also researched retention of customers with Adaptive. I could not find any vendors who left Adaptive. Strong retention.
Bryan Schmidt profile photo
Most FE installations I have participated in were from QuickBooks Pro. QuickBooks, if set up well, is a great alternative for the smaller association or nonprofit, but it has challenges handling some of the unique aspects of nonprofit accounting. Recent editions of QuickBooks Pro have included a new nonprofit component, but it can be difficult to use.
Wendy Johnson 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
No answers on this topic

Data Integration

Adaptive Insights7.6
Based on 17 answers
It is very simple to update data, both monthly actuals and budgeting data, using an Excel template or the connector.
Robin Webber 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

  • Cycle time for processing financial statements, budgets, and forecasts are greatly reduced.
  • Visibility of company metrics and drivers has been increased across the company.
  • The ease and ability to quickly create multiple forecasts using different scenarios is now available.
Jack Kersjes profile photo
  • Like any enterprise software, there are costs/investments ahead of return. It isn't something you would implement without support.
  • During the significant financial downturn, we were able to use FE to forecast trends and make budget adjustments easily. It transformed communication about forecasting and cuts with assurance.
Wendy Johnson 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

Financial Edge

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

Financial Edge More Information