What users are saying about

Adaptive Insights

Top Rated
204 Ratings

LivePlan

6 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

LivePlan

6 Ratings
Score 9.2 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

LivePlan

It is great for startups and people that are still developing ideas. Once you are in the market it does not really have much of a use within an organization, at that stage it just becomes the reference to what core your business is. Tracking business growth is great, but again only for first 1-3 years in the market (depending on growth).
No photo available

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Security

Adaptive Insights
LivePlan
10.0
Role-based user permissions
Adaptive Insights
LivePlan
10.0

Reporting & Analytics

Adaptive Insights
LivePlan
10.0
Dashboards
Adaptive Insights
LivePlan
10.0
Standard reports
Adaptive Insights
LivePlan
10.0
Custom reports
Adaptive Insights
LivePlan
10.0

General Ledger and Configurable Accounting

Adaptive Insights
LivePlan
9.6
Expense management
Adaptive Insights
LivePlan
8.0
Multi-currency support
Adaptive Insights
LivePlan
10.0
Multi-division support
Adaptive Insights
LivePlan
10.0
Regulations compliance
Adaptive Insights
LivePlan
10.0
Self-service portal
Adaptive Insights
LivePlan
10.0

Inventory Management

Adaptive Insights
LivePlan
10.0
Inventory tracking
Adaptive Insights
LivePlan
10.0

Order Management

Adaptive Insights
LivePlan
8.0
Cost of goods sold
Adaptive Insights
LivePlan
8.0

Accounting Firm BPO Features

Adaptive Insights
LivePlan
9.0
Client data roll-up capabilities
Adaptive Insights
LivePlan
8.0
Client data consolidation for benchmarking
Adaptive Insights
LivePlan
9.0
Configurable alerts
Adaptive Insights
LivePlan
9.0
Client template cloning
Adaptive Insights
LivePlan
10.0

Pros

  • 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
  • Great for startups that are still working on their idea.
  • Preparing for pitching and presenting.
  • People don't need business knowledge in order to write a professional business plan, everything is explained in details.
  • Simplicity.
No photo available

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • It is software on its own and there are no abilities to connect to any other software so you have to input data constantly.
  • If you start within this software most likely over time this will be just your reference for the definition of your business, once you start growing there is not much to use here, better solutions are out there.
  • It is not a management tool as they advertise it.
No photo available

Likelihood to Renew

Adaptive Insights8.5
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
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
Adaptive Insights is incredibly easy to use! OfficeConnect makes creating and updating financial reports a breeze!
Denise Lewis 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 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


Implementation was very easy and fast. The ability to
customize Levels and Dimensions to match our Organization’s structure and
accounting practices is great. Our organization is continually changing and
adaptive has the ability to be changed without issue.

Rose Sipin 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

To be honest - Host Analytics seemed relatively similar to Adaptive. However, Adaptive was our number one choice because:- The Adaptive suite looked a lot better. It seemed smarter and "sharper" and the data visualisation was better.- The people from Adaptive throughout the selection process were more helpful and insightful. This was confirmed throughout the implementation where we had really excellent service and help from Adaptive.
Andy Clifton profile photo
We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
No photo available

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
No score
No answers yet
No answers on this topic

Return on Investment

  • Month-end reporting: It's hard to say how much time Adaptive Insights has provided, but I can say we no longer have formula errors in Excel reports and refreshing financial statements every month only takes a couple of clicks.
  • Budgeting/forecasting: We have saved a tremendous amount of time in our budgeting cycle. After importing a budget in Adaptive Insights and setting up the model with formulas, we are able to copy the most recent budget version into the next budget version and review. Being able to budget in Adaptive Insights also removes the possibility of formula and linking errors that come with Excel.
Denise Lewis profile photo
  • Cheap software solution
  • Helped us collaborate on ideas during the initial stage in details
  • Helped us prepare for investors and pitching
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

LivePlan

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

LivePlan More Information