What users are saying about

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.7 out of 101

Phocas Business Intelligence

3 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.4 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

Phocas Business Intelligence

Phocas is well suited to keep track of sales numbers for small businesses like ours. It's not that well suited in writing queries, and there is some level of initial difficulty in figuring how to use the system.
Olivia Gonsalves profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
Phocas Business Intelligence
4.0
Pixel Perfect reports
Adaptive Insights
9.0
Phocas Business Intelligence
Customizable dashboards
Adaptive Insights
10.0
Phocas Business Intelligence
5.0
Report Formatting Templates
Adaptive Insights
9.0
Phocas Business Intelligence
3.0

Ad-hoc Reporting

Adaptive Insights
8.0
Phocas Business Intelligence
6.7
Drill-down analysis
Adaptive Insights
9.0
Phocas Business Intelligence
8.0
Formatting capabilities
Adaptive Insights
7.0
Phocas Business Intelligence
7.0
Integration with R or other statistical packages
Adaptive Insights
8.0
Phocas Business Intelligence
Report sharing and collaboration
Adaptive Insights
8.0
Phocas Business Intelligence
5.0

Report Output and Scheduling

Adaptive Insights
8.0
Phocas Business Intelligence
6.3
Publish to PDF
Adaptive Insights
8.0
Phocas Business Intelligence
7.0
Report Versioning
Adaptive Insights
8.0
Phocas Business Intelligence
6.0
Report Delivery Scheduling
Adaptive Insights
8.0
Phocas Business Intelligence
6.0

Data Discovery and Visualization

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

Access Control and Security

Adaptive Insights
9.0
Phocas Business Intelligence
8.0
Multi-User Support (named login)
Adaptive Insights
9.0
Phocas Business Intelligence
9.0
Role-Based Security Model
Adaptive Insights
9.0
Phocas Business Intelligence
7.0
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights
9.0
Phocas Business Intelligence
8.0

Mobile Capabilities

Adaptive Insights
8.5
Phocas Business Intelligence
7.5
Responsive Design for Web Access
Adaptive Insights
8.0
Phocas Business Intelligence
7.0
Dedicated iOS Application
Adaptive Insights
8.0
Phocas Business Intelligence
Dedicated Android Application
Adaptive Insights
8.0
Phocas Business Intelligence
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
10.0
Phocas Business Intelligence
8.0

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
Phocas Business Intelligence
Long-term financial planning
Adaptive Insights
8.9
Phocas Business Intelligence
Financial budgeting
Adaptive Insights
8.9
Phocas Business Intelligence
Forecasting
Adaptive Insights
9.1
Phocas Business Intelligence
Scenario modeling
Adaptive Insights
8.3
Phocas Business Intelligence
Management reporting
Adaptive Insights
8.1
Phocas Business Intelligence

Consolidation and Close

Adaptive Insights
7.5
Phocas Business Intelligence
Financial data consolidation
Adaptive Insights
7.9
Phocas Business Intelligence
Journal entries and reports
Adaptive Insights
5.6
Phocas Business Intelligence
Multi-currency management
Adaptive Insights
7.6
Phocas Business Intelligence
Intercompany Eliminations
Adaptive Insights
7.5
Phocas Business Intelligence
Minority Ownership
Adaptive Insights
7.1
Phocas Business Intelligence
Local and consolidated reporting
Adaptive Insights
8.3
Phocas Business Intelligence
Detailed Audit Trails
Adaptive Insights
8.6
Phocas Business Intelligence

FInancial Reporting and Compliance

Adaptive Insights
8.3
Phocas Business Intelligence
Financial Statement Reporting
Adaptive Insights
9.0
Phocas Business Intelligence
Management Reporting
Adaptive Insights
8.6
Phocas Business Intelligence
Excel-based Reporting
Adaptive Insights
8.5
Phocas Business Intelligence
Automated board and financial reporting
Adaptive Insights
8.5
Phocas Business Intelligence
XBRL support for regulatory filing
Adaptive Insights
7.0
Phocas Business Intelligence

Analytics

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

Integration

Adaptive Insights
8.6
Phocas Business Intelligence
Flat file integration
Adaptive Insights
8.4
Phocas Business Intelligence
Excel data integration
Adaptive Insights
8.7
Phocas Business Intelligence
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Phocas Business Intelligence

Pros

  • Allows assumptions to be created for fringes, taxes, capital etc. We are now able to push these type of expenses to individual departments as opposed to a single department. Gives us true costs for each department.
  • The flexibility in revising and creating new sheets allows our organization to modify our budget/forecast approach without much downtime. Also, we can make these modifications internally . No need to hire consultants to complete these tasks.
  • Adaptive Insights is an easy to use/understand tool for end-users. Our users typically struggle with new systems but the Adaptive roll-out was very smooth with very little end-user angst.
Gary Grzesiak profile photo
  • Detailed tracking of sales numbers
  • Timely updates - data refreshed every day
  • Ability to work with our ERP system and extract data
Olivia Gonsalves profile photo

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • Ability to build reports
  • Could be more user friendly
Olivia Gonsalves 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
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
Building complex reports is still difficult to do when using dimension or level attributes. Formulas are still a challenge.
Daniel Killpack profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
We have not experienced issues when we are accessing the system.
Gary Sabulski 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
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski 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

I was not involved in the selection process, but have interfaced with TM1 to our parent company. My personal experience has found Adaptive to have greater responsiveness.
Mikel Christopherson profile photo
No answers on this topic

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
Phocas Business Intelligence5.0
Based on 1 answer
Haven't found it very easy to share reports
Olivia Gonsalves 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
Phocas Business Intelligence8.0
Based on 1 answer
Data refreshes every night, not real time. It's been easy to integrate with our ERP system, and we are looking for ways to integrate it with our HRIS system.
Olivia Gonsalves 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
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
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
Additional Pricing Details

Adaptive Insights More Information

Phocas Business Intelligence

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
Additional Pricing Details
Phocas has built its business model on exceeding customer expectations. We’ve operated on a subscription basis from the start and in the words of Phocas Group chairman and co-founder Paul Magee: ‘That puts the onus on us to perform’. And we like that. In fact, our whole company ecosystem is built around that ‘light bulb moment’ when customers achieve a breakthrough by seeing their business through fresh eyes.

Phocas Business Intelligence More Information