What users are saying about
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Top Rated
223 Ratings
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Top Rated
159 Ratings

Adaptive Insights, a Workday company

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Top Rated
223 Ratings
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Score 8.6 out of 101

Prophix

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159 Ratings
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Score 9.4 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

Adaptive Insights is well-suited for accommodating different areas within the organization that have different cost drivers and/or have different allocation needs. The capability to design planning sheets using the lookup values offers flexibility that was difficult to produce with confidence in our other planning tool. Using dimensions and attributes within our organization's design, allows the ability to dissect data in different ways and report in more flexible formats to meet user needs. In addition, the OfficeConnect plug-in with Adaptive offers expanded Board reporting capabilities where Adaptive Reporting may come up short. The Discovery Dashboard provides quick visuals for C-Suite on demand.
Limin Kinsey, CPA, CFE profile photo

Prophix

Prophix is a fantastic system and I really enjoy using it. However, some accounting systems don't work too well with Prophix logic and it can be extremely difficult at times to get the two systems to work together. I would just make sure Prophix integrated well with my accounting system before using. :)
Ashleigh Arand profile photo

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

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

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.2
Prophix
9.5
Long-term financial planning
Adaptive Insights, a Workday company
8.3
Prophix
9.7
Financial budgeting
Adaptive Insights, a Workday company
8.7
Prophix
9.6
Forecasting
Adaptive Insights, a Workday company
8.9
Prophix
9.2
Scenario modeling
Adaptive Insights, a Workday company
6.7
Prophix
9.2
Management reporting
Adaptive Insights, a Workday company
8.4
Prophix
9.5

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Prophix
7.5
Financial data consolidation
Adaptive Insights, a Workday company
8.0
Prophix
8.3
Journal entries and reports
Adaptive Insights, a Workday company
5.9
Prophix
7.4
Multi-currency management
Adaptive Insights, a Workday company
7.2
Prophix
7.8
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Prophix
7.2
Minority Ownership
Adaptive Insights, a Workday company
7.4
Prophix
6.8
Local and consolidated reporting
Adaptive Insights, a Workday company
8.1
Prophix
8.4
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
Prophix
6.8

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
7.7
Prophix
8.4
Financial Statement Reporting
Adaptive Insights, a Workday company
8.8
Prophix
9.3
Management Reporting
Adaptive Insights, a Workday company
8.5
Prophix
9.2
Excel-based Reporting
Adaptive Insights, a Workday company
6.9
Prophix
8.5
Automated board and financial reporting
Adaptive Insights, a Workday company
7.5
Prophix
8.3
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.7
Prophix
6.7

Analytics

Adaptive Insights, a Workday company
7.2
Prophix
8.2
Personalized dashboards
Adaptive Insights, a Workday company
7.5
Prophix
9.2
Color-coded scorecards
Adaptive Insights, a Workday company
6.4
Prophix
7.5
KPIs
Adaptive Insights, a Workday company
7.2
Prophix
7.9
Cost and profitability analysis
Adaptive Insights, a Workday company
8.2
Prophix
8.2
Key Performance Indicator setting
Adaptive Insights, a Workday company
8.1
Prophix
8.0
Benchmarking with external data
Adaptive Insights, a Workday company
5.8
Prophix
8.1

Integration

Adaptive Insights, a Workday company
8.0
Prophix
9.0
Flat file integration
Adaptive Insights, a Workday company
7.9
Prophix
9.2
Excel data integration
Adaptive Insights, a Workday company
8.1
Prophix
8.3
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.1
Prophix
9.5

Pros

Adaptive Insights, a Workday company

  • 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

Prophix

  • The flexibility of being able to create cubes to model your organization is a strength.
  • The ability to create allocations in Prophix is a strength.
  • The ability to create templates for standard reports makes producing report fast and easy.
  • Fast implementation time is a plus for Prophix
Sharon Hess profile photo

Cons

Adaptive Insights, a Workday company

  • When trying to learn about a new feature or a feature I have not used previously it is sometimes difficult to find that information on the help section.
  • Adaptive can be deployed through consultants when they do not have specialized knowledge like higher education. This sometimes makes it difficult to determine who to contact when experiencing issues with the model after implementation.
  • You are limited to one master chart of accounts. When you have multiple businesses this can cause some difficulties that can be overcome, but takes additional thought and planning and can cause issues when making changes.
Brian Kyslinger profile photo

Prophix

  • I think that Prophix could structure their support and offerings based upon the needs/skill level of their customers. Customers that don't have the expertise on staff could be given additional help to develop their use of the software. Those with a higher skill level could be shown the depth of the product to gain additional ideas on different ways or items to analyze. Thus, increasing their own knowledge base as a springboard for additional customers.
Andrew Commons profile photo

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.8
Based on 33 answers
The tools is powerful for planning and reporting purposes, but also very easy to use for non-financial end-users. Team members have expressed how happy they are with the application and the ability we've given them to make their work lives more efficient.
Brad MacDonald profile photo

Prophix

Prophix 10.0
Based on 16 answers
The system works well for us, and meets all of our needs. All of our future plans can and will be achieved within Prophix, so there is no need to pursue another product. Prophix has continuously proven to improve their product over the years, which provides an even higher level of confidence in this tool, and future developments
Tim McCarthy profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.3
Based on 77 answers
Menus are easy to navigate, sheets are straightforward and flexible and you can work on your budget/forecasts without being at the office. The cloud based system makes it easy for users to complete their processes offsite and without needing there work provided computer. Creating new reports using both the web based Adaptive tool and OfficeConnect is quite simple with very minimal training.
Gary Grzesiak profile photo

Prophix

Prophix 8.1
Based on 19 answers
Prophix is necessarily complex because it is a very flexible tool that can be used to solve just about any data analysis or reporting need. There is always a disconnect between the initial presentation of a software product and actual implementation and use. Be sure to allocate the necessary investment in time and money for consulting help and user training.
William Van Hulzen profile photo

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
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

Prophix

Prophix 8.8
Based on 11 answers
We have never had an issue with prophix availability
Joel DeGroat profile photo

Performance

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo

Prophix

Prophix 7.3
Based on 11 answers
During high peak times revenue and budget forecastings, (50 users in the system) Prophix does struggle during the time. I am usually asking IT once a quarter during the peak times to restart the server because its on overload. I have tried to train my users to use the system at different times, but when everyone waits to the last minute to perform their task Prophix can't keep up.
Angela Barta profile photo

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.7
Based on 12 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

Prophix

Prophix 8.5
Based on 87 answers
Support has been great. We pay for the Continuous Success Package, and it's great to have that level of support, and not worry about going over budget to receive support. Support has always been able to fix my issue or provide the needed guidance. The one thing I wish they would improve, or I would learn how to do, is to be able to get faster response times on support. Generally, I have to schedule something 3-5 days out. That's not always ideal.
Stephen Kirschenmann profile photo

In-Person Training

Adaptive Insights, a Workday company

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.2
Based on 2 answers
Very knowledgeable techs
Joel DeGroat profile photo

Online Training

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 6 answers
Online webinars provided by Adaptive Insights gave me the opportunity to explore more features in AI and perform my tasks more efficiently.
Lenny Wu, MBA, MA, CPA, CGA profile photo

Prophix

Prophix 8.3
Based on 3 answers
Online training not company specific
Rob Strothkamp profile photo

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.5
Based on 14 answers
Be open to working up the plan in a way that leverages the power of the software.

Look to maximise the knowledge transfer early on - the software is very usable. You'll be able to maintain it yourself rather than being hooked to the partner
Lee Hawthorn profile photo

Prophix

Prophix 8.1
Based on 10 answers
Prophix Consulting should bring, in house, chargeable expertise in Oracle EBS table access for Drill Across and provide reasonable limits on dimension member combinations so there are no unreasonable expectations about the application of multi dimensional cubes to detail, such as revenue by product and customer.
Carl Evans profile photo

Alternatives Considered

Adaptive Insights, a Workday company

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis profile photo

Prophix

Compared to Host Analytics and Adaptive, Prophix provides more value for the dollar, especially when we deploy multiple models. Solution set is also comparably built out, so we are not missing any critical functionality. Self-maintenance by finance is also comparable to Host and Adaptive, and much easier compared to SAP and Oracle solutions. (Much more expense both for consulting and license when compared to those last two.)I still think Prophix has a compelling value story. Because the underlying technology is Microsoft, I am not worried that the Prophix functionality/technology will ever lag too far behind anything other larger companies offer, and will certainly stay with any proprietary solutions.
Andreas Loeffler profile photo

Scalability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 7 answers
Some aspects of the application are very scalable (formulae, metadata changes, adding/changing users, etc.) while others are less so (dashboards, data integration etc.)
Bob Katz, CMA, CFM, CFP® profile photo

Prophix

Prophix 7.5
Based on 8 answers
We are a medium sized company, but the structure of Prophix would seemingly adapt to whatever sized organization you have. It also can be applied in any area of an enterprise that needs performance management, whether it involves financial data or not. The potential for application within the enterprise is really only limited by you imagination.
Kevin Warnick profile photo

Return on Investment

Adaptive Insights, a Workday company

  • We use Adaptive Planning as our main budgeting software. Adaptive is always releasing new features to improve the functionality, and this makes working it is much more efficient.
  • Adaptive has many resources to help you use Adaptive. However, not many answers can be found on Google.
Samantha Monastra profile photo

Prophix

  • Cost. In comparing this to Adaptive, Oracle, Host Analytics - this product really stands out from a cost standpoint in being much cheaper and the value (based on features and knowledge transfer from the consultant) pays out over time.
  • Employee productivity. The software definitely solved load time issues and made our reporting process much smoother. We have more time for analytics and spending a lot less time on data validation.
Brandon Russell profile photo

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

* per seat, per installation

Prophix

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Add comparison