What users are saying about

Adaptive Insights

Top Rated
204 Ratings

FreeAgent

31 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

FreeAgent

31 Ratings
Score 9.1 out of 101

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Likelihood to Recommend

Adaptive Insights

Adaptive is great if you want to create many what- if scenarios when budgeting and forecasting. Staffing scenarios has been particularly helpful for our HR department when analyze staff needs for future years and analyzing open and unfilled positions over a certain time frame.

Every so often Adaptive's response time when in the system has been slow but Adaptive has rolled out the Elastic Hypercube to take care of that issue.
Gary Grzesiak profile photo

FreeAgent

FreeAgent is great for all levels of companies to can manage payroll, quotes, invoicing and time allowance for projects. If you are quite a large company, then I would recommend speaking to them to help you set up the account.
Anthony Stretten profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
FreeAgent
Long-term financial planning
Adaptive Insights
8.9
FreeAgent
Financial budgeting
Adaptive Insights
8.9
FreeAgent
Forecasting
Adaptive Insights
9.1
FreeAgent
Scenario modeling
Adaptive Insights
8.3
FreeAgent
Management reporting
Adaptive Insights
8.2
FreeAgent

Consolidation and Close

Adaptive Insights
7.5
FreeAgent
Financial data consolidation
Adaptive Insights
7.9
FreeAgent
Journal entries and reports
Adaptive Insights
5.5
FreeAgent
Multi-currency management
Adaptive Insights
7.7
FreeAgent
Intercompany Eliminations
Adaptive Insights
7.5
FreeAgent
Minority Ownership
Adaptive Insights
7.0
FreeAgent
Local and consolidated reporting
Adaptive Insights
8.3
FreeAgent
Detailed Audit Trails
Adaptive Insights
8.6
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
8.5
FreeAgent
Automated board and financial reporting
Adaptive Insights
8.5
FreeAgent
XBRL support for regulatory filing
Adaptive Insights
6.9
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
8.1
FreeAgent
Key Performance Indicator setting
Adaptive Insights
8.1
FreeAgent
Benchmarking with external data
Adaptive Insights
7.3
FreeAgent

Integration

Adaptive Insights
8.6
FreeAgent
Flat file integration
Adaptive Insights
8.4
FreeAgent
Excel data integration
Adaptive Insights
8.8
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
4.5

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

  • Web-based system which eliminates the need to purchase new software. System is accessible anywhere as long as there is internet access.
  • Its features provide for good planning, budgeting, and forecasting.
  • The ability to create customized reports is a very nice touch - we are able to share this across our organization.
Jessalyn Ka profile photo
  • Invoicing and estimates are well structured, with built-in pay walls and automatic notifications on late payments. There are also automatic reoccurring invoices, reducing our monthly work load.
  • FreeAgent automatically pulls in our business bank account, allowing me to directly explain every transaction with invoices, payments, and more.
  • My accounts, on the go, anywhere. With FreeAgent being web-based, it means we can view our accounts anywhere, with no worries of data-loss. This is made easier with the new iOS app.
Josh Hardman 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
  • The FreeAgent system is being constantly updated and improved thanks to the large team. There has maybe been a few occasions when I have tried to link a bank transaction with an expense and it hasn't allowed me to link a transaction manually. But the staff are very fast at helping out with any issues I've ever had
Richie Morgan profile photo

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
Adaptive has demonstrated their commitment to creating, maintaining, and developing an outstanding product and they have demonstrated to me that they truly care what their customers need and want from the system. They want all users to be successful and this shows in the way they manage their clients and the way they develop the software. I will implement Adaptive at any future organization that I work with and I know several other Finance Directors who have done the same!
Claire SunSpiral profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
I think that it is very intuitive and once you get to know the system it is very user-friendly.The reporting module is especially impressive with the drag and drop reporting - our business really loves this.The system looks modern and "smart" and I never hesitate to show it off to stakeholders across the business.Some of the "back end" formula set up can sometimes involve lots of heavy lifting as a power user.
Andy Clifton 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
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
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 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
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski 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

We used Excel, and macro laced Excel workbooks for planning in the past, and for any ad-hoc customized reporting. Excel was clunky, difficult to maintain, and links were breaking left and right. Allocated departments were often changing their budgets, which had downstream impact on everyone. The plan version control was horrendous with Excel. It's a piece of cake with Adaptive!
Robert Scrimshaw profile photo
I haven't used other products, I used freeagent and was so impressed that I've continued to use it and recommend to other
Russell Greig MCIArb profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
This is one of the best features as personnel in different areas at different sites can work together on the budget, forecast or "what-if" models.
Harry Vasels 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

  • 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
  • Creating estimates or quotes for new and existing clients is now a very quick process
  • I have saved hours each month updating my accounts using FreeAgent
Alan Wright 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

FreeAgent

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

FreeAgent More Information