What users are saying about

Adaptive Insights

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Top Rated
206 Ratings

Adaptive Insights

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Top Rated
206 Ratings
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Score 8.6 out of 101
7 Ratings
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Score 4.6 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

FinancialForce Accounting

For accounting systems, users and/or evaluators often want to see some type of matrix or "heads up" comparisons of specific features and functionality of a system in key areas such as:1) General Ledger2) Order to Cash cycle3) Purchase to Pay cycle4) Cash management5) Inventory and/or Cost Accounting (Projects/Jobs, etc)6) Revenue Recognition7) Fixed Assets management8) Budgets9) Tax10) Reports and AnalysisIt would be great if this kind of matrix existed to be filled in by reviewers so that others could benefit from their perspectives about the applications and how they address or handle the specific features/functionality.With respect to FinancialForce, the company has found that nearly all the key features it needed were available from the application.
Lynne Taylor profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
FinancialForce Accounting
Publish to PDF
Adaptive Insights
8.0
FinancialForce Accounting
Report Versioning
Adaptive Insights
8.0
FinancialForce Accounting
Report Delivery Scheduling
Adaptive Insights
8.0
FinancialForce Accounting

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Adaptive Insights
FinancialForce Accounting
8.4
Pay calculation
Adaptive Insights
FinancialForce Accounting
8.5
Benefit plan administration
Adaptive Insights
FinancialForce Accounting
8.0
Direct deposit files
Adaptive Insights
FinancialForce Accounting
9.0
Salary revision and increment management
Adaptive Insights
FinancialForce Accounting
8.5
Reimbursement management
Adaptive Insights
FinancialForce Accounting
8.0

Customization

Adaptive Insights
FinancialForce Accounting
7.0
API for custom integration
Adaptive Insights
FinancialForce Accounting
7.0
Plug-ins
Adaptive Insights
FinancialForce Accounting
7.0

Security

Adaptive Insights
FinancialForce Accounting
9.0
Single sign-on capability
Adaptive Insights
FinancialForce Accounting
9.0
Role-based user permissions
Adaptive Insights
FinancialForce Accounting
9.0

Reporting & Analytics

Adaptive Insights
FinancialForce Accounting
6.3
Dashboards
Adaptive Insights
FinancialForce Accounting
8.5
Standard reports
Adaptive Insights
FinancialForce Accounting
6.0
Custom reports
Adaptive Insights
FinancialForce Accounting
4.5

General Ledger and Configurable Accounting

Adaptive Insights
FinancialForce Accounting
8.5
Accounts payable
Adaptive Insights
FinancialForce Accounting
8.0
Accounts receivable
Adaptive Insights
FinancialForce Accounting
8.0
Cash management
Adaptive Insights
FinancialForce Accounting
8.0
Bank reconciliation
Adaptive Insights
FinancialForce Accounting
8.5
Expense management
Adaptive Insights
FinancialForce Accounting
8.0
Time tracking
Adaptive Insights
FinancialForce Accounting
9.0
Fixed asset management
Adaptive Insights
FinancialForce Accounting
8.5
Multi-currency support
Adaptive Insights
FinancialForce Accounting
9.5
Multi-division support
Adaptive Insights
FinancialForce Accounting
9.0
Regulations compliance
Adaptive Insights
FinancialForce Accounting
8.5
Electronic tax filing
Adaptive Insights
FinancialForce Accounting
9.0
Self-service portal
Adaptive Insights
FinancialForce Accounting
8.0

Inventory Management

Adaptive Insights
FinancialForce Accounting
7.8
Inventory tracking
Adaptive Insights
FinancialForce Accounting
8.0
Automatic reordering
Adaptive Insights
FinancialForce Accounting
7.5
Location management
Adaptive Insights
FinancialForce Accounting
8.5
Manufacturing module
Adaptive Insights
FinancialForce Accounting
7.0

Order Management

Adaptive Insights
FinancialForce Accounting
8.1
Pricing
Adaptive Insights
FinancialForce Accounting
8.0
Order entry
Adaptive Insights
FinancialForce Accounting
8.0
Credit card processing
Adaptive Insights
FinancialForce Accounting
8.5
Cost of goods sold
Adaptive Insights
FinancialForce Accounting
8.0

Accounting Firm BPO Features

Adaptive Insights
FinancialForce Accounting
8.5
Branded client dashboards
Adaptive Insights
FinancialForce Accounting
8.5
Client data roll-up capabilities
Adaptive Insights
FinancialForce Accounting
8.5
Client data consolidation for benchmarking
Adaptive Insights
FinancialForce Accounting
8.5
Configurable alerts
Adaptive Insights
FinancialForce Accounting
9.0
Billing bypass
Adaptive Insights
FinancialForce Accounting
8.0
Client template cloning
Adaptive Insights
FinancialForce Accounting
9.0
Single sign-on
Adaptive Insights
FinancialForce Accounting
9.0
Configurable client onboarding questions
Adaptive Insights
FinancialForce Accounting
8.5
Cross-client workflow management
Adaptive Insights
FinancialForce Accounting
8.5
Industry-specific versioning
Adaptive Insights
FinancialForce Accounting
8.0
Legacy system data migration
Adaptive Insights
FinancialForce Accounting
8.5

Pros

  • I love how easy it is to track software and general amortizations in Adaptive. The software has been an issue with my past employers, but it flows very easily here in Adaptive.
  • We also use Adaptive's OfficeConnect for easy reporting. It has helped us automate our reporting as we work with internal departments. We have the reports built, and the software and can refresh all of them simultaneously, reducing generation time and giving us more time for analysis.
  • We are building out more operational metrics now. We are starting to track sales opportunities across different business segments to see the correlation between spending activities and opportunity generation. This helps us set better targets in the future. This paired with OfficeConnect also makes it very easy to track and report on operational metrics in addition to financial metrics.
Mark McConkie profile photo
  • For Salesforce Enterprise Edition users, FinancialForce extends the CRM and any custom objects or applications built or installed for operations/manufacturing/services to create a complete end-to-end solution on the force.com platform.
  • Turning a sales quote or order into an invoice is seamless and intuitive, allowing sales and accounting to work together to share information and decrease time to bill. Credit processing when necessary follows a similarly seamless path.
  • Cash matching and bank reconciliation processing is streamlined with bank uploads and ability to easily match transactions with intuitive interface that checks and validates balances, increasing cash handling and accuracy.
  • Financial reporting using native Salesforce report capabilities is drag-and-drop, and ability to build custom reports using multiple data objects is flexible and easy to learn.
  • FinancialForce has a great support team and the ability to log a support case and manage the case through resolution and close has increased user adoption and satisfaction.
  • Multicurrency capability is particularly important for the company and FinancialForce handles this well with home and dual currency, easy to set up and ability to provide visibility and reporting for operations regarding impact of currency fluctuations has provided better decision making for management.
  • Intercompany transaction processing is easy to set up and use.
Lynne Taylor profile photo

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • While FinancialForce does provide a robust reporting engine application for free (in addition to the large number of out-of-the-box standard Salesforce reports that come with the app), the reporting engine can be overwhelming for the average user to configure and learn. This is improving with each new release but is not out yet.
  • While the company doesn't use purchase orders, there may be a need at some point in the future to do procurement of non-operations goods and services. This functionality isn't currently supported by FinancialForce, although there is the ability to create custom purchase objects in Salesforce and integrate them with payable invoices object.
  • The company would also find a simple, straightforward expense reporting and reimbursement app that integrated with payable invoices or journals useful, in order to get away from expense report management by spreadsheet. There is no current application offered or supported by FinancialForce for this, but companies can opt to install (and pay for licenses) to use other, third party applications that handle this functionality.
Lynne Taylor 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
FinancialForce Accounting10.0
Based on 1 answer
The company has now converted its legacy, "home grown" operations system and built it on the force.com platform, and the integration between it and FinancialForce is deeply entrenched. No other application would be able to replicate this functionality, and the company will be able to scale and leverage the force.com platform as it grows.
Lynne Taylor profile photo

Usability

Adaptive Insights7.6
Based on 75 answers
The reports are exactly what we need however accessing it from the various sections is not as simple as it should be
Jessalyn Ka profile photo
FinancialForce Accounting10.0
Based on 1 answer
Change management is always an issue, but the evidence of the application's usability is that both long-time employees (used to the legacy systems for many years) and newer employees have been able to learn the system and improve their business processes.
Lynne Taylor profile photo

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
FinancialForce Accounting10.0
Based on 1 answer
Unless the internet is completely unavailable - which has not happened yet - the application is always accessible. Since FinancialForce is built on the force.com platform, it's uptime is tied to Salesforce security and system performance standards
Lynne Taylor profile photo

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
FinancialForce Accounting9.0
Based on 1 answer
If Visualforce pages are enabled, they sometimes slow down the load time.
Lynne Taylor profile photo

Support

Adaptive Insights6.8
Based on 11 answers
Support questions are always answered quickly.
Andrew Rosenberg profile photo
FinancialForce Accounting10.0
Based on 1 answer
The response time for FinancialForce is exemplary. Immediate acknowledgement of the support request by automatically logging a case/ticket on the provider side, then less than 24-hour follow up by a support team member with specific questions, information or resolution for the issue.
Lynne Taylor profile photo

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
FinancialForce Accounting10.0
Based on 1 answer
Through its Xtra login website available to its customers, FinancialForce offers a complete set of online, video tutorials, training and documentation. Each tutorial is "bite-sized", meaning it imparts instructional, step-by-step information in 2-3 minute narrated videos. For a particular cycle or process, like invoices to payments for example, each tutorial builds on the last so that the user can get a complete picture of the steps and process in less than 10 minutes.
Lynne Taylor profile photo

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
FinancialForce Accounting10.0
Based on 1 answer
The company decided to run parallel for three months in order to soften the impact of the change from the legacy "system" - which users had been interfacing with for over a decade - to FinancialForce. While not recommended, this did provide time for the in-house "super user" team of 2 people to become completely familiar with the application, and thus provide hands-on training and be a resource for the users who would be processing the daily accounting transactions.
Lynne Taylor profile photo

Alternatives Considered

My decision came down to Adaptive vs Host Analytics. Host made the claim that because their sheets were just like excel, you wouldn't need to learn any new commands. Rather, I thought that was a downside. I didn't want another glorified version of excel, I was looking for something different, something new. Adaptive had that. They were also far more willing to work with a nonprofit and become a partner, rather than just a vendor.
Daniel Killpack profile photo
Outside CPA was strong proponent of Quickbooks and it was evaluated initially, but size of company, complexity of transactions, eventual move to Salesforce and need for multi-company and multicurrency ruled it out almost from the start. As the only accounting system built natively on Salesforce force.com platform, FinancialForce was the solution of choice. During implementation, Accounting Seed vendor demonstrated their application, but it was also ruled out due to lack of multicurrency functionality and inability to support company future growth
Lynne Taylor 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

  • We've completely eliminated Excel in the budget cycle. I no longer have to consolidate 90 spreadsheets to get the organizational budget. Last minute changes are saved in Adaptive. With the audit feature, I can know who made what change and whether or not it was approved at the top level.
  • KPI dashboards have lowered expenses as users have real-time information on their expense ratio for major events. We've been able to lower costs, increase gross revenue and net revenue all at the same time.
Daniel Killpack profile photo
  • Metrics: reduced DSO from 190 to 54 days (which is less than industry standard); resulting in company collecting cash about 3.5 times faster
  • Metrics: decreased average time to bill from 4 months 8 days to 1 month 10 days, a result of operations and accounting collaborating to insure billing is done timely.
  • "Opens the door" from the sales and operations departments into the accounting department, providing increased visibility and transparency.
  • Streamlines revenue recognition process and has led to improved, more accurate reporting.
Lynne Taylor profile photo

Screenshots

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

FinancialForce Accounting

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Additional Pricing Details

FinancialForce Accounting More Information