What users are saying about

Adaptive Insights

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
206 Ratings
1 Ratings

Adaptive Insights

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
206 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.6 out of 101
1 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 10 out of 101

Add comparison

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

Harpoon

If you're freelancing or running a small marketing agency, I'll steer you strongly towards Harpoon. It's such a terrific fit for this business type. It provides easy invoice management so if that's all you care about, use Harpoon this way. If you want a tool that will guide you towards success, Harpoon helps you do this when launching your account. Know what you want to earn, what it takes to get there, and how you're doing along the way. What financial software for freelancers provides simple project tools? Harpoon.
Jason Montoya profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

Adaptive Insights
8.2
Harpoon
Financial Statement Reporting
Adaptive Insights
9.0
Harpoon
Management Reporting
Adaptive Insights
8.5
Harpoon
Excel-based Reporting
Adaptive Insights
8.4
Harpoon
Automated board and financial reporting
Adaptive Insights
8.4
Harpoon
XBRL support for regulatory filing
Adaptive Insights
7.0
Harpoon

Analytics

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

Integration

Adaptive Insights
8.5
Harpoon
Flat file integration
Adaptive Insights
8.3
Harpoon
Excel data integration
Adaptive Insights
8.7
Harpoon
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Harpoon

Pros

  • Infinite ability to group accounts and departments for reporting. The only limitation is the number of ways that you think of in terms of consolidating the information.
  • Being able to build scalable, complex, distributed, budget models. With the data we can bring into the system and the formulas we can use we have all the functionality of the spreadsheet, but with the flexibility to allow leaders across the organization to participate and update their section.
  • The platform allows multiple forecast/budget versions which allows for version control and sensitivity analysis. I can lock versions from changes while quickly creating a new version to see the impact of a +or- scenario to the company’s profitability.
  • With the OfficeConnect tool we can leverage Excel to provide repeatable reports for the board and other business leaders that are repeatable from month to month. While the platform provides more flexibility than an accounting package it still has limitations. Using OfficeConnect I can leverage the power of the Microsoft suite of Excel/Word/PowerPoint directly.
Brian Kyslinger profile photo
  • Makes Sending Invoices & Collecting Payment Easy, for Freelancers
  • Tracking Financial Goals (Monthly & Annual) & Projecting Future Results
  • Provides Insights On AR, Earned Income, Top Clients, and other helpful but highly relevant data points.
Jason Montoya profile photo

Cons

  • The format of reports when downloaded to Excel or PowerPoint could use improvement.
  • Would be nice if you could inactivate GL accounts when they are no longer being used.
  • Suppress rows functionality when set by the administrator to default to suppress if not data doesn't always seem to work.
Gary Grzesiak profile photo
  • The automatic expense management is basic. It does sync with banks, but I've had some duplicate entry issues that are being worked out of the system.
  • I'd like to see additional reports that dive deeper into some of the dashboard widgets.
Jason Montoya profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 answers
We just recently renewed our contract and I wouldn't hesitate to renew again. First, Adaptive as a company has a great customer-first attitude and they're great to work with. Their customer service team is fantastic. Second, they are constantly trying to improve the product and make it better, but not losing sight of what we really need. Also, the longer you use the product the more it is filled with priceless data all in one spot with instant access to report on and dig into.
Kevin Bradshaw profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.6
Based on 75 answers
Building complex reports is still difficult to do when using dimension or level attributes. Formulas are still a challenge.
Daniel Killpack profile photo
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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

Alternatives Considered

Other than Excel, we did not look at other systems. Key for us was also a bridge or link to our current ERP system, Intacct. I also researched retention of customers with Adaptive. I could not find any vendors who left Adaptive. Strong retention.
Bryan Schmidt profile photo
I've used Less Accounting and & Quickbooks Online. After Less Accounting was acquired, its development was mostly stopped. While the tool was a simple way to manage invoices and expenses, its directional philosophy changed with the new owners. Quickbooks Online was a solid tool, but the company support was unhelpful and hard to work with at times. Harpoon provides a great tool, with a company that cares about its users.
Jason Montoya 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

  • Staffing. Almost certain we would have had to hire a full-time budget analyst to process budgets pre-Adaptive. Savings in labor for salary and benefits is about $150 k annually.
  • Quicker ability to report and complete the budget process. Before Adaptive, the budget process took about 4 months. We have shrunk the time required to about 3 months with additional time now for analysis.
  • What if reporting. Nice to see the impact of changes in the budget with a quick turn around time to report.
Bryan Schmidt profile photo
  • Clear and precise visibility of my financial status.
  • Projections of how I'm doing today, this month, and this year.
  • Clarity on what needs to happen with client development to reach my goals.
  • It shrinks the amount of time I spend on getting clients to pay my invoices.
Jason Montoya 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
Adaptive Insights Editions & Modules
Adaptive Insights
Additional Pricing Details

Adaptive Insights More Information

Harpoon

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Harpoon Editions & Modules
Harpoon
Edition
Single User - Unlimited Everything
$191
1. per month
Additional Pricing Details

Harpoon More Information