What users are saying about

Adaptive Insights

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Top Rated
205 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
7 Ratings
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Score 4.8 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

It is well suited for mid-size companies to have a budgeting, forecasting, and reporting platform. The system needs data and someone to maintain it so it would not be well suited for a small company or one without a dedicated finance team.
Brian Kyslinger 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
8.9
FinancialForce Accounting
Financial budgeting
Adaptive Insights
8.8
FinancialForce Accounting
Forecasting
Adaptive Insights
9.1
FinancialForce Accounting
Scenario modeling
Adaptive Insights
8.2
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
7.6
FinancialForce Accounting
Intercompany Eliminations
Adaptive Insights
7.5
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
8.3
FinancialForce Accounting
Financial Statement Reporting
Adaptive Insights
9.0
FinancialForce Accounting
Management Reporting
Adaptive Insights
8.6
FinancialForce Accounting
Excel-based Reporting
Adaptive Insights
8.4
FinancialForce Accounting
Automated board and financial reporting
Adaptive Insights
8.5
FinancialForce Accounting
XBRL support for regulatory filing
Adaptive Insights
7.0
FinancialForce Accounting

Analytics

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

Integration

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

  • Discovery - monitoring KPIs. The new Discovery interface is the easiest dashboard I've ever used. I can have a new report on a Dashboard in under a minute.
  • Reporting - the click and drag graphical user interface makes it easy to design reports to answer almost any financial question. It also makes it easy to adapt a single report for 100 different users.
  • Planning - having multiple versions and multiple levels allows us to compare, contrast, monitor and manage with ease.
Daniel Killpack 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

  • The in-house consultants who originally set up Adaptive were poor listeners - and as a result built a model that didn't work for my organization. I had to hire an outside consulting firm with more experience with nonprofits to redo my model. I lost about 1 year of usefulness as a result.
  • Mastering attributes for reporting takes time. The system can do many things, but not without lots of time and effort. I ended up hiring a consultant to build initial reports I needed. I'm comfortable enough now to edit and update, but still have some hesitancy building new reports. One difficulty I have is not knowing the impact a single change, such as the name of a field, can have on everything else associated with that named field or dimension or attribute. It would be nice to have a map showing the links between everything.
Daniel Killpack 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 Insights7.7
Based on 75 answers
Easy to use and extremely flexible
Harry Vasels 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
We can access Adaptive anytime 24/7 from any computer or laptop pc or Mac. They are committed to keep this product up to date and relevant
Harry Vasels 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 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
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
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
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

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 had meetings with several industry leaders and Adaptive was our choice in the end. We liked IBM and also liked Host Analytics for different reasons. In the end it was the combination of cloud, Excel add-in, Office Connect, Discovery, and cost that would ultimately end up with Adaptive. I've used a few similar BI products and it has become my tool of preference. One of the best things about Adaptive is that they are committed to being the best, and to do that they must evolve and enhance the products different modules, I have seen many updates while using the product and I can say that they are making impressive enhancements on a regular basis. I'm very excited to see where they will be in another year.
W. Stephens profile photo
Compared to other accounting software FinancialForce Accounting has its good and bad aspects but overall it is a good option. Reporting directly from FinancialForce Accounting can be difficult to do, but standard accounting tasks are straightforward and not time-consuming to complete in FinacialForce Accounting. In addition, it has a few very useful tools and capabilities, such as the multi-currency multi-location capabilities, that are difficult to match
No photo available

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
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

  • 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
  • Almost eliminated manual data entry
  • Understanding of costs associated with our entire sales cycle
  • Tools for multi-currency
No photo available

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