What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
31 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
31 Ratings
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Score 9.3 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

FreeAgent

As a small business it's excellent for me, as my finances can frequently go overlooked for too long. The FreeAgent system has made catching up when I fall behind very easy. I would also say if I were a larger business, it would be great for staying on top of invoices, projects and the money in general.
Richie Morgan profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Adaptive Insights
FreeAgent
8.6
Pay calculation
Adaptive Insights
FreeAgent
8.0
Benefit plan administration
Adaptive Insights
FreeAgent
8.5
Direct deposit files
Adaptive Insights
FreeAgent
8.9
Salary revision and increment management
Adaptive Insights
FreeAgent
8.8
Reimbursement management
Adaptive Insights
FreeAgent
8.7

Customization

Adaptive Insights
FreeAgent
5.5
API for custom integration
Adaptive Insights
FreeAgent
4.5
Plug-ins
Adaptive Insights
FreeAgent
6.4

Security

Adaptive Insights
FreeAgent
8.5
Single sign-on capability
Adaptive Insights
FreeAgent
9.0
Role-based user permissions
Adaptive Insights
FreeAgent
8.0

Reporting & Analytics

Adaptive Insights
FreeAgent
7.8
Dashboards
Adaptive Insights
FreeAgent
10.0
Standard reports
Adaptive Insights
FreeAgent
9.0
Custom reports
Adaptive Insights
FreeAgent
4.4

General Ledger and Configurable Accounting

Adaptive Insights
FreeAgent
9.3
Accounts payable
Adaptive Insights
FreeAgent
10.0
Accounts receivable
Adaptive Insights
FreeAgent
10.0
Cash management
Adaptive Insights
FreeAgent
10.0
Bank reconciliation
Adaptive Insights
FreeAgent
10.0
Expense management
Adaptive Insights
FreeAgent
10.0
Time tracking
Adaptive Insights
FreeAgent
10.0
Fixed asset management
Adaptive Insights
FreeAgent
8.6
Multi-currency support
Adaptive Insights
FreeAgent
9.1
Multi-division support
Adaptive Insights
FreeAgent
9.0
Regulations compliance
Adaptive Insights
FreeAgent
8.7
Electronic tax filing
Adaptive Insights
FreeAgent
9.0
Self-service portal
Adaptive Insights
FreeAgent
9.0
Journals and Reconciliations
Adaptive Insights
FreeAgent
8.0

Inventory Management

Adaptive Insights
FreeAgent
7.4
Inventory tracking
Adaptive Insights
FreeAgent
7.7
Automatic reordering
Adaptive Insights
FreeAgent
8.2
Location management
Adaptive Insights
FreeAgent
4.5
Manufacturing module
Adaptive Insights
FreeAgent
9.1

Order Management

Adaptive Insights
FreeAgent
8.1
Pricing
Adaptive Insights
FreeAgent
8.1
Order entry
Adaptive Insights
FreeAgent
6.8
Credit card processing
Adaptive Insights
FreeAgent
8.2
Cost of goods sold
Adaptive Insights
FreeAgent
9.1

Accounting Firm BPO Features

Adaptive Insights
FreeAgent
8.4
Branded client dashboards
Adaptive Insights
FreeAgent
9.1
Client data roll-up capabilities
Adaptive Insights
FreeAgent
8.6
Client data consolidation for benchmarking
Adaptive Insights
FreeAgent
8.2
Configurable alerts
Adaptive Insights
FreeAgent
9.1
Billing bypass
Adaptive Insights
FreeAgent
9.1
Client template cloning
Adaptive Insights
FreeAgent
8.2
Single sign-on
Adaptive Insights
FreeAgent
9.1
Configurable client onboarding questions
Adaptive Insights
FreeAgent
6.4
Legacy system data migration
Adaptive Insights
FreeAgent
8.2

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
  • Producing estimates/proposals and allowing you to easily convert them into invoices and then follow it all through to payment.
  • Keeping tabs of all my expenses and payments.
  • Producing the necessary documentation for VAT returns and Self Assesements.
Tim Edgeler 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
  • None really - aside from adding even more integration FreeAgent is good as it is
Edgar Danielyan profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 answers
We're very happy with the service. We've reached our projects goals. The product is being continually improved.
Lee Hawthorn profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
The Adaptive Suite is well-rounded. We love the add-on OfficeConnect because it allows us to quickly pull data from Adaptive in a report format. Once you set up the OfficeConnect, it's as easy as pushing a button to re-run. This has been especially helpful for month-end reporting and reconciling data in the Budget.
Samantha Monastra profile photo
FreeAgent9.1
Based on 4 answers
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
Edgar Danielyan 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
FreeAgent8.9
Based on 5 answers
Based in a cloud and never had any issues with down time. I can access from any device
Gavin Percy 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
FreeAgent9.1
Based on 1 answer
No answer on this topic is available.

Support

Adaptive Insights6.8
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 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

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis profile photo
We did start the business using Kashflow. It is good but isn't as full service as FreeAgent and does require a bit of knowledge of some accounting terms which FreeAgent doesn't.
Linda Merrills 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
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
FreeAgent8.2
Based on 1 answer
No answer on this topic is available.

Return on Investment

  • Our budgeting and forecasting cycles are now faster, more accurate and can evolve dynamically throughout the process. This is especially important in our business which is experiencing rapid growth.
  • Our ability to push out bespoke reporting to business owners has massively improved.
  • For our most recent budget cycle, we were able to simply and quickly illustrate the impact of foreign exchange fluctuations to our board.
Andy Clifton profile photo
  • It ultimately increases my efficiency as I am able to manage my accounts easily.
No photo available

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

FreeAgent

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

FreeAgent More Information