What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
174 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
174 Ratings
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Score 7.4 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

Oracle Hyperion

It is well suited to very large organizations that need to budget for employee compensation costs. It is particularly well suited for highly matrixed organizations with a long chartstring (four or more segments) that need to be used in the budget. It is probably not necessary for organizations that budget only by account and/or cost center and not by the individual employee.
Teal Sexton profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Oracle Hyperion
Publish to PDF
Adaptive Insights
8.0
Oracle Hyperion
Report Versioning
Adaptive Insights
8.0
Oracle Hyperion
Report Delivery Scheduling
Adaptive Insights
8.0
Oracle Hyperion

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
Oracle Hyperion
8.0
Long-term financial planning
Adaptive Insights
8.9
Oracle Hyperion
8.7
Financial budgeting
Adaptive Insights
8.8
Oracle Hyperion
7.8
Forecasting
Adaptive Insights
9.1
Oracle Hyperion
8.0
Scenario modeling
Adaptive Insights
8.2
Oracle Hyperion
7.3
Management reporting
Adaptive Insights
8.1
Oracle Hyperion
8.0

Consolidation and Close

Adaptive Insights
7.5
Oracle Hyperion
7.8
Financial data consolidation
Adaptive Insights
7.9
Oracle Hyperion
8.1
Journal entries and reports
Adaptive Insights
5.6
Oracle Hyperion
7.3
Multi-currency management
Adaptive Insights
7.6
Oracle Hyperion
7.5
Intercompany Eliminations
Adaptive Insights
7.5
Oracle Hyperion
8.3
Minority Ownership
Adaptive Insights
7.1
Oracle Hyperion
8.1
Local and consolidated reporting
Adaptive Insights
8.3
Oracle Hyperion
8.0
Detailed Audit Trails
Adaptive Insights
8.5
Oracle Hyperion
7.2

FInancial Reporting and Compliance

Adaptive Insights
8.3
Oracle Hyperion
7.9
Financial Statement Reporting
Adaptive Insights
9.0
Oracle Hyperion
7.8
Management Reporting
Adaptive Insights
8.6
Oracle Hyperion
7.5
Excel-based Reporting
Adaptive Insights
8.4
Oracle Hyperion
8.2
Automated board and financial reporting
Adaptive Insights
8.5
Oracle Hyperion
8.0
XBRL support for regulatory filing
Adaptive Insights
7.0
Oracle Hyperion
8.1

Analytics

Adaptive Insights
7.6
Oracle Hyperion
7.7
Personalized dashboards
Adaptive Insights
7.3
Oracle Hyperion
8.0
Color-coded scorecards
Adaptive Insights
6.8
Oracle Hyperion
8.0
KPIs
Adaptive Insights
8.0
Oracle Hyperion
8.0
Cost and profitability analysis
Adaptive Insights
8.0
Oracle Hyperion
7.7
Key Performance Indicator setting
Adaptive Insights
8.0
Oracle Hyperion
7.3
Benchmarking with external data
Adaptive Insights
7.3
Oracle Hyperion
7.1

Integration

Adaptive Insights
8.6
Oracle Hyperion
8.0
Flat file integration
Adaptive Insights
8.3
Oracle Hyperion
7.6
Excel data integration
Adaptive Insights
8.7
Oracle Hyperion
8.2
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Oracle Hyperion
8.0

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
  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Teal Sexton profile photo

Cons

  • It can get cumbersome to have separate sheets for all prepaid expenses. The software works out very neatly - but creating a new sheet for each prepaid expense can be difficult. Because of this, I feel like forecasting is less based on actual plans, and more based on gut feelings, and trends rather than actual plans.
  • I wish OfficeConnect could pull individual lines rather than just aggregated data. The example that I'm trying to work on now is that I would like to pull personnel information from OfficeConnect (mainly pulling lists of employees, or open positions). I don't know how to do that currently. I can pull aggregated data and show totals - but I can't see the individual lines that make up that total within OfficeConnect.
Mark McConkie profile photo
  • When you have a large number of intersections in a single form, it can take awhile to load.
  • Additional complexity can add significantly to calc script run times.
  • There is a learning curve to being a Hyperion and/or Essbase administrator that can be steep depending on the person's skill set and experience. It is not a simple product, but that is what gives it so much power as well.
Teal Sexton profile photo

Likelihood to Renew

Adaptive Insights8.6
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
Oracle Hyperion5.0
Based on 1 answer
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
Matt Downing profile photo

Usability

Adaptive Insights7.7
Based on 75 answers
The Adaptive Suite is well-rounded. We love the add-on OfficeConnect because it allows us to quickly pull data from Adaptive in a report format. Once you set up the OfficeConnect, it's as easy as pushing a button to re-run. This has been especially helpful for month-end reporting and reconciling data in the Budget.
Samantha Monastra profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
It's never been out of action when we've needed to use it.
Lee Hawthorn 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

We did not go through a full-blown software selection process, nor have I used other products in the past. Previous to Adaptive, we used Management Reporter (formerly FRx, now part of Microsoft Dynamics GP) for our financial statements, and Excel for our budgeting. Adaptive is far superior to either of those.We pursued Adaptive mainly through word of mouth. When discussing the availability of products with other accounting professionals, it was clear Adaptive was becoming the industry leader for our company size. We had a demo of the product presented by them. Since we liked it so much, we decided to go with them even though we had not reviewed other products.
Jack Kersjes profile photo
We have evaluated other options in the past, and we are currently re-evaluating some of the SaaS providers due to the increased strength of those products over the last few years. However, our biggest need continues to be a very capable consolidation tool as we are consolidating over 80 entities around the world. There are few competitors that can match the quality of the Hyperion product as a consolidation tool, so we have stayed with them for the last 8 years. As competitors improve the quality/capability of their products, we will be tempted to move away onto something that reduces our IT burden and has more user-friendly reporting tools
Matt Downing 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
No score
No answers yet
No answers on this topic

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
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

  • Cycle time for processing financial statements, budgets, and forecasts are greatly reduced.
  • Visibility of company metrics and drivers has been increased across the company.
  • The ease and ability to quickly create multiple forecasts using different scenarios is now available.
Jack Kersjes profile photo
  • Using HFM has helped us to close and consolidate the books quicker while also providing the level of detail that we need for supplemental disclosures and reports to the market. What used to be a very manual process of sending spreadsheets around has become centrally managed within HFM and we are able to pull the information we need directly from it.
  • Using Essbase has given our accounting teams tremendous insights into transaction details which has helped with account reconciliations and troubleshooting errors during the close process.
Matt Downing 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
Additional Pricing Details

Adaptive Insights More Information

Oracle Hyperion

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

Oracle Hyperion More Information