What users are saying about

Adaptive Insights, a Workday company

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Top Rated
209 Ratings
2 Ratings

Adaptive Insights, a Workday company

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Top Rated
209 Ratings
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Score 8.6 out of 101
2 Ratings
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Score 8.1 out of 101

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Likelihood to Recommend

Adaptive Insights, a Workday company

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

Float

Float is great for a startup/small (< 20 employee companies) that have limited resources for keeping an eye on cash flow. Yes, you could hire a contractor CFO, but it would simply be less expensive to use Float and educate yourself a bit about cash flow. For larger companies I feel like you would have a dedicated financial controller or CFO that may already have tools they are familiar with, but this service might also still be useful.
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Feature Rating Comparison

BI Standard Reporting

Adaptive Insights, a Workday company
9.3
Float
Pixel Perfect reports
Adaptive Insights, a Workday company
9.0
Float
Customizable dashboards
Adaptive Insights, a Workday company
10.0
Float
Report Formatting Templates
Adaptive Insights, a Workday company
9.0
Float

Ad-hoc Reporting

Adaptive Insights, a Workday company
8.0
Float
Drill-down analysis
Adaptive Insights, a Workday company
9.0
Float
Formatting capabilities
Adaptive Insights, a Workday company
7.0
Float
Integration with R or other statistical packages
Adaptive Insights, a Workday company
8.0
Float
Report sharing and collaboration
Adaptive Insights, a Workday company
8.0
Float

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
Float
Publish to PDF
Adaptive Insights, a Workday company
8.0
Float
Report Versioning
Adaptive Insights, a Workday company
8.0
Float
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
Float

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

Adaptive Insights, a Workday company
8.5
Float
Responsive Design for Web Access
Adaptive Insights, a Workday company
8.0
Float
Dedicated iOS Application
Adaptive Insights, a Workday company
8.0
Float
Dedicated Android Application
Adaptive Insights, a Workday company
8.0
Float
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights, a Workday company
10.0
Float

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
Float
Long-term financial planning
Adaptive Insights, a Workday company
8.8
Float
Financial budgeting
Adaptive Insights, a Workday company
8.8
Float
Forecasting
Adaptive Insights, a Workday company
9.0
Float
Scenario modeling
Adaptive Insights, a Workday company
8.1
Float
Management reporting
Adaptive Insights, a Workday company
8.0
Float

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Float
Financial data consolidation
Adaptive Insights, a Workday company
7.9
Float
Journal entries and reports
Adaptive Insights, a Workday company
5.7
Float
Multi-currency management
Adaptive Insights, a Workday company
7.5
Float
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Float
Minority Ownership
Adaptive Insights, a Workday company
7.1
Float
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
Float
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
Float

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.2
Float
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
Float
Management Reporting
Adaptive Insights, a Workday company
8.5
Float
Excel-based Reporting
Adaptive Insights, a Workday company
8.3
Float
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
Float
XBRL support for regulatory filing
Adaptive Insights, a Workday company
7.0
Float

Analytics

Adaptive Insights, a Workday company
7.5
Float
Personalized dashboards
Adaptive Insights, a Workday company
7.3
Float
Color-coded scorecards
Adaptive Insights, a Workday company
6.8
Float
KPIs
Adaptive Insights, a Workday company
7.9
Float
Cost and profitability analysis
Adaptive Insights, a Workday company
7.9
Float
Key Performance Indicator setting
Adaptive Insights, a Workday company
7.9
Float
Benchmarking with external data
Adaptive Insights, a Workday company
7.3
Float

Integration

Adaptive Insights, a Workday company
8.5
Float
Flat file integration
Adaptive Insights, a Workday company
8.2
Float
Excel data integration
Adaptive Insights, a Workday company
8.6
Float
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
Float

Reporting & Analytics

Adaptive Insights, a Workday company
Float
8.0
Standard reports
Adaptive Insights, a Workday company
Float
8.0

General Ledger and Configurable Accounting

Adaptive Insights, a Workday company
Float
9.0
Accounts payable
Adaptive Insights, a Workday company
Float
9.0
Accounts receivable
Adaptive Insights, a Workday company
Float
9.0
Cash management
Adaptive Insights, a Workday company
Float
9.0

Pros

  • Financial Reporting - Building financial statements in OfficeConnect is a breeze! They are quick and easy to update on a monthly basis! The HTML reporting within Adaptive Insights is also particularly useful for department and adhoc reports!
  • Budgeting/Forecasting - Being able to budget/forecast within Adaptive Insights has significantly cut down on the time it takes to budget by utilizing formulas and assumptions within the model! We reforecast quarterly, and with Adaptive Insights, it's painless when compared to the Excel forecasting we did previously.
  • Cash Flow Statement - Creating this for the annual audit was painful before Adaptive Insights! Now, it's a simple export from Adaptive Insights.
  • Dashboards - The dashboards that can be created are endless and provide valuable insight for our executives in real-time!
Denise Lewis profile photo
  • Cash flow management.
  • Forecasting out how much you can spend.
  • Quickbooks integration.
No photo available

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • Quickbooks integration could be improved to automatically include recurring transactions.
  • Pricing is a little steep for smaller businesses.
No photo available

Likelihood to Renew

Adaptive Insights, a Workday company8.6
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 Insights, a Workday company7.5
Based on 75 answers
My rating of 9 is really a composite of two ratings. For the users, I would give it a 10. But for administrators, I would give it more of an 8. That is because there is definitely a learning curve for the admins. It has a fair level of complexity (which is necessary), especially in the formulas and certain types of sheets. It is a product worth mastering, but it does take time to learn.
Jack Kersjes profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights, a Workday company9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
No score
No answers yet
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Performance

Adaptive Insights, a Workday company9.1
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
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Support

Adaptive Insights, a Workday company6.8
Based on 11 answers
Support questions are always answered quickly.
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

Online Training

Adaptive Insights, a Workday company8.2
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
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Implementation

Adaptive Insights, a Workday company8.2
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

Alternatives Considered

I have used Hyperion and TM1 solutions in the past.
Hyperion was expensive and difficult to implement, requires more technical knowledge to set up the business rules for more more hands on IT support.
TM1 was a great tool for FP&A users. However TM1 lacked a report writer and was not a cloud based solution so access for international offices and those who traveled frequently had challenges. Adaptive offers a well-rounded solution cost effective solution with easy access, user friendly interface, built in report writer and dashboard capabilities.
Lisa VanHuystee profile photo
No answers on this topic

Scalability

Adaptive Insights, a Workday company9.1
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

  • Easily will save 75% of finance team time on budgeting and planning.
  • Improved cost control, budgets, and forecasts are at the users' finger tips with actuals vs. budget vs forecast. No excuses to overspend and allows finance to be better business partners.
KaReese Watkins, CMA profile photo
  • We've had a positive ROI since we're able to take bigger risks now that we understand how much cash will be in our account on what day.
  • We are able to make adjustments to our contractors and services to grow our business faster.
No photo available

Pricing Details

Adaptive Insights, a Workday company

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
1.  per seat, per installation
Adaptive Insights, a Workday company Editions & Modules
Adaptive Insights, a Workday company
Additional Pricing Details

Adaptive Insights, a Workday company More Information

Float

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Float Editions & Modules
Float
Edition
Small
$29
Medium
$59
Large
$119
Additional Pricing Details
Annual billing available at a discount

Float More Information