What users are saying about

Adaptive Insights, a Workday company

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Top Rated
211 Ratings
6 Ratings

Adaptive Insights, a Workday company

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Top Rated
211 Ratings
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Score 8.6 out of 101
6 Ratings
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Score 9.2 out of 101

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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

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).
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Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
LivePlan
Publish to PDF
Adaptive Insights, a Workday company
8.0
LivePlan
Report Versioning
Adaptive Insights, a Workday company
8.0
LivePlan
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
LivePlan

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
LivePlan
Long-term financial planning
Adaptive Insights, a Workday company
8.8
LivePlan
Financial budgeting
Adaptive Insights, a Workday company
8.8
LivePlan
Forecasting
Adaptive Insights, a Workday company
9.0
LivePlan
Scenario modeling
Adaptive Insights, a Workday company
8.1
LivePlan
Management reporting
Adaptive Insights, a Workday company
8.0
LivePlan

Consolidation and Close

Adaptive Insights, a Workday company
7.5
LivePlan
Financial data consolidation
Adaptive Insights, a Workday company
7.9
LivePlan
Journal entries and reports
Adaptive Insights, a Workday company
5.7
LivePlan
Multi-currency management
Adaptive Insights, a Workday company
7.5
LivePlan
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
LivePlan
Minority Ownership
Adaptive Insights, a Workday company
7.1
LivePlan
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
LivePlan
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
LivePlan

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.2
LivePlan
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
LivePlan
Management Reporting
Adaptive Insights, a Workday company
8.5
LivePlan
Excel-based Reporting
Adaptive Insights, a Workday company
8.3
LivePlan
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
LivePlan
XBRL support for regulatory filing
Adaptive Insights, a Workday company
7.0
LivePlan

Analytics

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

Integration

Adaptive Insights, a Workday company
8.5
LivePlan
Flat file integration
Adaptive Insights, a Workday company
8.2
LivePlan
Excel data integration
Adaptive Insights, a Workday company
8.6
LivePlan
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
LivePlan

Security

Adaptive Insights, a Workday company
LivePlan
10.0
Role-based user permissions
Adaptive Insights, a Workday company
LivePlan
10.0

Reporting & Analytics

Adaptive Insights, a Workday company
LivePlan
10.0
Dashboards
Adaptive Insights, a Workday company
LivePlan
10.0
Standard reports
Adaptive Insights, a Workday company
LivePlan
10.0
Custom reports
Adaptive Insights, a Workday company
LivePlan
10.0

General Ledger and Configurable Accounting

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

Inventory Management

Adaptive Insights, a Workday company
LivePlan
10.0
Inventory tracking
Adaptive Insights, a Workday company
LivePlan
10.0

Order Management

Adaptive Insights, a Workday company
LivePlan
8.0
Cost of goods sold
Adaptive Insights, a Workday company
LivePlan
8.0

Accounting Firm BPO Features

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

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
  • 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

  • Users need more visibility for external reporting. If this already exists, then I would suggest more training or webcasts that cover this topic.
  • On the sales side of things, I would suggest ensuring that your NEW users are aware of the amount of training involved in learning to be an ADMIN for Adaptive Insights. Users need to be able to move beyond the implementation to active use. Yes, Adaptive makes things easy, but only if you know how to write the formulas and set things up correctly to run in the background. Hands-on training is a must! Our implementation was 3 years ago, though, so maybe things have improved somewhat since then.
  • More problem/solution-specific forums for users to interact with each other and find new and better ways of handling unique issues. Since Adaptive is so flexible, it often takes bouncing ideas off others to figure out the best way to plan for certain types of revenue or expenses.
Amy Kee, CPA 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 Insights, a Workday company8.6
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 Insights, a Workday company7.5
Based on 75 answers
Adaptive is very easy to use, but it requires some training to get comfortable with it.
Amy Kee, CPA profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights, a Workday company9.1
Based on 9 answers
Cloud-based allows for access anywhere. Very little downtime.
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

Performance

Adaptive Insights, a Workday company9.1
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 Insights, a Workday company6.8
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 Insights, a Workday company8.2
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 Insights, a Workday company8.2
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

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
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

Scalability

Adaptive Insights, a Workday company9.1
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

  • The most positive impact has been on time. While it took some time to get things set up correctly, once we did, we were able to report results very quickly.
  • The budgeting process has gone much more quickly.
  • What-if scenarios are a little trickier. There are multiple ways you can do it. We have chosen to use assumptions for percentages and then copy the original version to a "what-if" version and change the assumption it is pointing to. However, this is a bit clunky.
  • Month-end reporting is getting faster and faster the more we automate through Adaptive.
Amy Kee, CPA 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, 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

Adaptive Insights, a Workday company 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