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Top Rated
214 Ratings

Adaptive Insights, a Workday company

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Top Rated
214 Ratings
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Score 8.6 out of 101
48 Ratings
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Score 8.7 out of 101

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

IBM Planning Analytics

The what if scenarios feature is not fully appropriate to get a complete P&L result. The copy process for Versions and Scenarios is not 100% reliable. The key questions are in regards to the real time information, high performance with a big sized data base and processes, user friendly, easy maintenance
No photo available

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
IBM Planning Analytics
Publish to PDF
Adaptive Insights, a Workday company
8.0
IBM Planning Analytics
Report Versioning
Adaptive Insights, a Workday company
8.0
IBM Planning Analytics
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
IBM Planning Analytics

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
IBM Planning Analytics
10.0
Long-term financial planning
Adaptive Insights, a Workday company
8.8
IBM Planning Analytics
10.0
Financial budgeting
Adaptive Insights, a Workday company
8.7
IBM Planning Analytics
10.0
Forecasting
Adaptive Insights, a Workday company
9.0
IBM Planning Analytics
10.0
Scenario modeling
Adaptive Insights, a Workday company
8.0
IBM Planning Analytics
10.0
Management reporting
Adaptive Insights, a Workday company
8.0
IBM Planning Analytics
10.0

Consolidation and Close

Adaptive Insights, a Workday company
7.5
IBM Planning Analytics
9.0
Financial data consolidation
Adaptive Insights, a Workday company
7.9
IBM Planning Analytics
10.0
Journal entries and reports
Adaptive Insights, a Workday company
5.7
IBM Planning Analytics
8.0
Multi-currency management
Adaptive Insights, a Workday company
7.4
IBM Planning Analytics
10.0
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
IBM Planning Analytics
10.0
Minority Ownership
Adaptive Insights, a Workday company
6.9
IBM Planning Analytics
8.0
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
IBM Planning Analytics
10.0
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
IBM Planning Analytics
7.0

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.1
IBM Planning Analytics
9.5
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
IBM Planning Analytics
10.0
Management Reporting
Adaptive Insights, a Workday company
8.4
IBM Planning Analytics
10.0
Excel-based Reporting
Adaptive Insights, a Workday company
8.2
IBM Planning Analytics
10.0
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
IBM Planning Analytics
10.0
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.8
IBM Planning Analytics
7.3

Analytics

Adaptive Insights, a Workday company
7.5
IBM Planning Analytics
10.0
Personalized dashboards
Adaptive Insights, a Workday company
7.3
IBM Planning Analytics
10.0
Color-coded scorecards
Adaptive Insights, a Workday company
6.8
IBM Planning Analytics
10.0
KPIs
Adaptive Insights, a Workday company
7.8
IBM Planning Analytics
10.0
Cost and profitability analysis
Adaptive Insights, a Workday company
7.9
IBM Planning Analytics
10.0
Key Performance Indicator setting
Adaptive Insights, a Workday company
7.8
IBM Planning Analytics
10.0
Benchmarking with external data
Adaptive Insights, a Workday company
7.3
IBM Planning Analytics
10.0

Integration

Adaptive Insights, a Workday company
8.4
IBM Planning Analytics
10.0
Flat file integration
Adaptive Insights, a Workday company
8.1
IBM Planning Analytics
10.0
Excel data integration
Adaptive Insights, a Workday company
8.6
IBM Planning Analytics
10.0
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
IBM Planning Analytics
10.0

Pros

Adaptive Insights, a Workday company

  • I love how easy it is to track software and general amortizations in Adaptive. The software has been an issue with my past employers, but it flows very easily here in Adaptive.
  • We also use Adaptive's OfficeConnect for easy reporting. It has helped us automate our reporting as we work with internal departments. We have the reports built, and the software and can refresh all of them simultaneously, reducing generation time and giving us more time for analysis.
  • We are building out more operational metrics now. We are starting to track sales opportunities across different business segments to see the correlation between spending activities and opportunity generation. This helps us set better targets in the future. This paired with OfficeConnect also makes it very easy to track and report on operational metrics in addition to financial metrics.
Mark McConkie profile photo

IBM Planning Analytics

  • Unique data base
  • Most of the calculations are in real time
  • The dimensions can be easily moved to customize the views
  • The calculations are consistent acrros the application
  • The expense allocation process is very effective
No photo available

Cons

Adaptive Insights, a Workday company

  • 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

IBM Planning Analytics

  • TM1 web has bugs in formatting.
  • No text editor provided for Rules.
  • Not able to compare multiple user sand boxes for planning analysis.
No photo available

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.6
Based on 32 answers
At this point we have set up our reporting to integrate with Adaptive. We have spent some non-recurring money to set up and populate the system. Switching at this point would only be an option if we were unhappy with the decision. This might seem like I am side-stepping the issue but I think an important point is being made. Whatever system you decide to go with, changing later is costly and unproductive. We chose Adaptive and have absolutely no regrets. We are currently at a crossroads here at Teachscape and are looking at several different potential options. If we were still relying on a 20 to 40 sheet Excel workbook with thousands of links and formulas, I don't think I would be able to sleep at night. Adaptive gives me a greater level of comfort.
Michael Bright profile photo

IBM Planning Analytics

IBM Planning Analytics 10.0
Based on 1 answer
This is a planning developer's dream. You feel like you're given a blank canvas with all the right tools to make it an artwork. It is the future of business application development.
David Chen profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.5
Based on 76 answers
Menus are easy to navigate, sheets are straightforward and flexible and you can work on your budget/forecasts without being at the office. The cloud based system makes it easy for users to complete their processes offsite and without needing there work provided computer. Creating new reports using both the web based Adaptive tool and OfficeConnect is quite simple with very minimal training.
Gary Grzesiak profile photo

IBM Planning Analytics

IBM Planning Analytics 9.0
Based on 1 answer
The application is easy to install and to develop with. Your super users have the ability to manage the data and the user logins without IT help.
No photo available

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
It's never been out of action when we've needed to use it.
Lee Hawthorn profile photo

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Performance

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 6.8
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

IBM Planning Analytics

IBM Planning Analytics 8.0
Based on 1 answer
There are good support people in Ottawa, but having access to the development team and a TAM make the support. Without that access I don't think IBM Support would be as highly rated.
No photo available

Online Training

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
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

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 13 answers
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski profile photo

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Alternatives Considered

Adaptive Insights, a Workday company

I do not have comparisons for this product, other than the budgeting section with Intacct. That system however, is not designed as an FP&A tool, so it is only a bare bones budgeting tool, that would work for smaller organizations, but would not be a manageable solution for the way our group budgets.
Brian Lawrence, CPA profile photo

IBM Planning Analytics

Cognos TM1's ability to store and provide fast access financial data both on-premise and in the cloud makes it a great fit in a company with a small FI team. Compared to Adaptive Insights the management of Cognos TM1 is simpler and for most financial consolidation projects a full-time application administrator is not required as power users can do most things without intervention.
No photo available

Scalability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Return on Investment

Adaptive Insights, a Workday company

  • Adaptive provides for good forecasting based on revenue and expenditure.
  • The ability to pull different month-end reporting is a great feature.
  • The ability to share access across 11 offices statewide is very beneficial.
Jessalyn Ka profile photo

IBM Planning Analytics

  • Increased employee efficiency. Employees have more time to analyze the results because little time is spent gathering or compiling data
  • More accurate forecasts and predictions based on the data due to it's efficiency
  • Better planning for future years based on accurate historical data
No photo available

Screenshots

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
Additional Pricing Details

IBM Planning Analytics

General

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

Add comparison