What users are saying about

Adaptive Insights

Top Rated
204 Ratings

InsightSquared

Top Rated
61 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

InsightSquared

Top Rated
61 Ratings
Score 9.1 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

We are a medium-sized holding company, and Adaptive Insights has worked tremendously well for us! We do not currently use it to consolidate our business units, but we plan on exploring that soon. If you find yourself spending numerous hours creating financial statements and budgeting in Excel, then Adaptive Insights may be for you! It saves us an exponential amount of time in variance analysis, refreshing financial statements, and budgeting.
Denise Lewis profile photo

InsightSquared

If all of your data isn't consolidated in one place, this product is less appropriate. If your company or team structure isn't yet developed to the point where you have well defined sales targets based on historical data and accurate forecasting, many of the benefits of Insight Squared's data analysis could be lost on you. Ask yourself first if your sales team is at the point where you're ready to utilise data analytics to scale your sales effectively.
Henry Hayes profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

Adaptive Insights
7.5
InsightSquared
Financial data consolidation
Adaptive Insights
7.9
InsightSquared
Journal entries and reports
Adaptive Insights
5.5
InsightSquared
Multi-currency management
Adaptive Insights
7.7
InsightSquared
Intercompany Eliminations
Adaptive Insights
7.5
InsightSquared
Minority Ownership
Adaptive Insights
7.0
InsightSquared
Local and consolidated reporting
Adaptive Insights
8.3
InsightSquared
Detailed Audit Trails
Adaptive Insights
8.6
InsightSquared

FInancial Reporting and Compliance

Adaptive Insights
8.3
InsightSquared
Financial Statement Reporting
Adaptive Insights
9.0
InsightSquared
Management Reporting
Adaptive Insights
8.6
InsightSquared
Excel-based Reporting
Adaptive Insights
8.5
InsightSquared
Automated board and financial reporting
Adaptive Insights
8.5
InsightSquared
XBRL support for regulatory filing
Adaptive Insights
6.9
InsightSquared

Analytics

Adaptive Insights
7.6
InsightSquared
Personalized dashboards
Adaptive Insights
7.3
InsightSquared
Color-coded scorecards
Adaptive Insights
6.8
InsightSquared
KPIs
Adaptive Insights
8.0
InsightSquared
Cost and profitability analysis
Adaptive Insights
8.1
InsightSquared
Key Performance Indicator setting
Adaptive Insights
8.1
InsightSquared
Benchmarking with external data
Adaptive Insights
7.3
InsightSquared

Integration

Adaptive Insights
8.6
InsightSquared
Flat file integration
Adaptive Insights
8.4
InsightSquared
Excel data integration
Adaptive Insights
8.8
InsightSquared
Direct links to 3rd-party data sources
Adaptive Insights
8.7
InsightSquared

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
  • Provides an at a glance look at sales health over a predefined period
  • Gives access to a dashboard tracking individual sales performance
  • Consolidates and cleanses sales data from Salesforce
Henry Hayes profile photo

Cons

  • The layout of the various reporting options could be displayed in a more user-friendlier way. It's a bit difficult to locate where to find the reports.
  • I'm finding that the drill down feature from the monthly financials section is not as convenient as it should be.
  • The exporting to Excel or PDF format is a bit off - it's time consuming to manipulate the excel to a regular paper size.
Jessalyn Ka profile photo
  • Does not support data from desk.com for it's support tracking product
  • Doesn't leverage reminder data on missed deadlines from Salesforce to highlight sales health to its full potential
Henry Hayes profile photo

Likelihood to Renew

Adaptive Insights8.5
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
InsightSquared8.5
Based on 25 answers
InsightSquared is an excellent product, but without sufficient user adoption it can only do so much for your organization. We only recently implemented InsightSquared (in the past six months or so). We will need to see over time how it actually meets our reporting needs, affects our pipeline management activities, and improves our overall business decisions
Meghan Butler profile photo

Usability

Adaptive Insights7.7
Based on 75 answers
Fairly easy to get trained on the system and how to build models. Within 3 days of hands-on training, we build out robust capacity models on our own. Reports and dashboards are drag and drop to create.
Meghan Gardiner, CPA, CA profile photo
InsightSquared8.2
Based on 2 answers
lots of data available and very easy to change filters. it is very intuitive. The dashboards are great quick indications of where you, the team and and the company
Kerstin Barthelmes 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
InsightSquared8.4
Based on 3 answers
Every time I go to use InsightSquared it has been available and fully functional
Alex Unruh 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
InsightSquared9.1
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
InsightSquared9.1
Based on 1 answer
No answer on this topic is available.

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
Approximately 10 users.
Aidan Ryan profile photo

Alternatives Considered

We previously only used Excel for budgeting and reporting. We now use Adaptive for all budgeting and use an add-on product called Office Connect to build reports that automate our data each month. We find the Office Connect reporting a little more user-friendly than the in-house reporting feature.
Amy Kee, CPA profile photo
It's an intuitive tool that is visually oriented. It also caters more to marketers than other product offerings. Overall, it's a great tool for Salesforce users. My only recommendation is to make sure that your Salesforce processes are clear and adopted across your entire team.
John Jarowski 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
InsightSquared9.3
Based on 34 answers
I can take a look at my entire team's performance and compare myself against each coworker. It is a great tool to analyze on a high level, but also drill down into the specifics.
Mona Trabelsi profile photo

Data Integration

Adaptive Insights7.6
Based on 17 answers
It is very simple to update data, both monthly actuals and budgeting data, using an Excel template or the connector.
Robin Webber profile photo
InsightSquared8.3
Based on 34 answers
The ease of syncing the data from our CRM has been seamless
Dylan Schmer 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
InsightSquared8.2
Based on 1 answer
No answer on this topic is available.

Return on Investment

  • Adaptive offers plenty of flexibility with what-if scenario modeling. It's very easy to save different versions of the plan/forecast and to control access rights to the versions. It's possible to hide versions from all users or to set them as read only.
  • Adaptive makes month end variance analysis very straightforward. Comparing actuals with budget/forecast is quite simple and efficient. It's easy to do a high-level comparison and then to do a deep dive where needed. Also, the budget managers can perform their own reviews simultaneously.
  • We've been using the software for 5 years and our budget/forecast cycles change all of the time. Adaptive offers the flexibility needed to create rolling forecasts that extend out several years. However, I wish that it was easier to roll forward historical results into future periods - there's a mix of actual/budget data that gets rolled forward and there's a lot of editing required to arrive at a baseline budget.
Jennifer Summitt profile photo
No answers on this topic

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

InsightSquared

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
InsightSquared Editions & Modules
InsightSquared
Modules
Financial Data (QuickBooks)
Contact Us
Support Data (Zendesk)
$502
Telephony Data (Synety)
$102
2. Per User per Month
Additional Pricing Details

InsightSquared More Information