What users are saying about

Adaptive Insights

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Top Rated
206 Ratings

Adaptive Insights

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Top Rated
206 Ratings
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Score 8.6 out of 101
23 Ratings
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Score 8.3 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

QuickBooks Self-Employed

As the name of the program suggests, QuickBooks Self-Employed is best-suited for self-employed people, freelancers and solo entrepreneurs would find the tools within to be exceptionally useful to keep track of expenses so they can focus on more profitable activities. Other QuickBooks tiers might be more fitting for small businesses and larger companies.
Benjamin E. Jerew profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
QuickBooks Self-Employed
Pixel Perfect reports
Adaptive Insights
9.0
QuickBooks Self-Employed
Customizable dashboards
Adaptive Insights
10.0
QuickBooks Self-Employed
Report Formatting Templates
Adaptive Insights
9.0
QuickBooks Self-Employed

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
QuickBooks Self-Employed
Publish to PDF
Adaptive Insights
8.0
QuickBooks Self-Employed
Report Versioning
Adaptive Insights
8.0
QuickBooks Self-Employed
Report Delivery Scheduling
Adaptive Insights
8.0
QuickBooks Self-Employed

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

Adaptive Insights
8.5
QuickBooks Self-Employed
Responsive Design for Web Access
Adaptive Insights
8.0
QuickBooks Self-Employed
Dedicated iOS Application
Adaptive Insights
8.0
QuickBooks Self-Employed
Dedicated Android Application
Adaptive Insights
8.0
QuickBooks Self-Employed
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
10.0
QuickBooks Self-Employed

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
QuickBooks Self-Employed
Long-term financial planning
Adaptive Insights
8.8
QuickBooks Self-Employed
Financial budgeting
Adaptive Insights
8.8
QuickBooks Self-Employed
Forecasting
Adaptive Insights
9.0
QuickBooks Self-Employed
Scenario modeling
Adaptive Insights
8.1
QuickBooks Self-Employed
Management reporting
Adaptive Insights
8.1
QuickBooks Self-Employed

Consolidation and Close

Adaptive Insights
7.5
QuickBooks Self-Employed
Financial data consolidation
Adaptive Insights
7.9
QuickBooks Self-Employed
Journal entries and reports
Adaptive Insights
5.6
QuickBooks Self-Employed
Multi-currency management
Adaptive Insights
7.5
QuickBooks Self-Employed
Intercompany Eliminations
Adaptive Insights
7.6
QuickBooks Self-Employed
Minority Ownership
Adaptive Insights
7.1
QuickBooks Self-Employed
Local and consolidated reporting
Adaptive Insights
8.3
QuickBooks Self-Employed
Detailed Audit Trails
Adaptive Insights
8.5
QuickBooks Self-Employed

FInancial Reporting and Compliance

Adaptive Insights
8.2
QuickBooks Self-Employed
Financial Statement Reporting
Adaptive Insights
8.9
QuickBooks Self-Employed
Management Reporting
Adaptive Insights
8.5
QuickBooks Self-Employed
Excel-based Reporting
Adaptive Insights
8.3
QuickBooks Self-Employed
Automated board and financial reporting
Adaptive Insights
8.4
QuickBooks Self-Employed
XBRL support for regulatory filing
Adaptive Insights
7.0
QuickBooks Self-Employed

Analytics

Adaptive Insights
7.5
QuickBooks Self-Employed
Personalized dashboards
Adaptive Insights
7.3
QuickBooks Self-Employed
Color-coded scorecards
Adaptive Insights
6.8
QuickBooks Self-Employed
KPIs
Adaptive Insights
7.9
QuickBooks Self-Employed
Cost and profitability analysis
Adaptive Insights
8.0
QuickBooks Self-Employed
Key Performance Indicator setting
Adaptive Insights
7.9
QuickBooks Self-Employed
Benchmarking with external data
Adaptive Insights
7.3
QuickBooks Self-Employed

Integration

Adaptive Insights
8.5
QuickBooks Self-Employed
Flat file integration
Adaptive Insights
8.2
QuickBooks Self-Employed
Excel data integration
Adaptive Insights
8.7
QuickBooks Self-Employed
Direct links to 3rd-party data sources
Adaptive Insights
8.6
QuickBooks Self-Employed

Payroll Management

Adaptive Insights
QuickBooks Self-Employed
10.0
Pay calculation
Adaptive Insights
QuickBooks Self-Employed
10.0
Benefit plan administration
Adaptive Insights
QuickBooks Self-Employed
10.0
Direct deposit files
Adaptive Insights
QuickBooks Self-Employed
10.0
Salary revision and increment management
Adaptive Insights
QuickBooks Self-Employed
10.0
Reimbursement management
Adaptive Insights
QuickBooks Self-Employed
10.0

Customization

Adaptive Insights
QuickBooks Self-Employed
10.0
API for custom integration
Adaptive Insights
QuickBooks Self-Employed
10.0
Plug-ins
Adaptive Insights
QuickBooks Self-Employed
10.0

Security

Adaptive Insights
QuickBooks Self-Employed
10.0
Single sign-on capability
Adaptive Insights
QuickBooks Self-Employed
10.0
Role-based user permissions
Adaptive Insights
QuickBooks Self-Employed
10.0

Reporting & Analytics

Adaptive Insights
QuickBooks Self-Employed
7.7
Dashboards
Adaptive Insights
QuickBooks Self-Employed
7.9
Standard reports
Adaptive Insights
QuickBooks Self-Employed
7.7
Custom reports
Adaptive Insights
QuickBooks Self-Employed
7.4

General Ledger and Configurable Accounting

Adaptive Insights
QuickBooks Self-Employed
8.9
Accounts payable
Adaptive Insights
QuickBooks Self-Employed
9.9
Accounts receivable
Adaptive Insights
QuickBooks Self-Employed
9.9
Cash management
Adaptive Insights
QuickBooks Self-Employed
7.7
Bank reconciliation
Adaptive Insights
QuickBooks Self-Employed
9.4
Expense management
Adaptive Insights
QuickBooks Self-Employed
8.1
Time tracking
Adaptive Insights
QuickBooks Self-Employed
7.0
Fixed asset management
Adaptive Insights
QuickBooks Self-Employed
10.0
Multi-currency support
Adaptive Insights
QuickBooks Self-Employed
10.0
Multi-division support
Adaptive Insights
QuickBooks Self-Employed
10.0
Regulations compliance
Adaptive Insights
QuickBooks Self-Employed
10.0
Electronic tax filing
Adaptive Insights
QuickBooks Self-Employed
7.6
Self-service portal
Adaptive Insights
QuickBooks Self-Employed
9.6
Global Financial Support
Adaptive Insights
QuickBooks Self-Employed
10.0
Primary and Secondary Ledgers
Adaptive Insights
QuickBooks Self-Employed
10.0
Intercompany Accounting
Adaptive Insights
QuickBooks Self-Employed
10.0
Localizations
Adaptive Insights
QuickBooks Self-Employed
10.0
Journals and Reconciliations
Adaptive Insights
QuickBooks Self-Employed
2.9
Enterprise Accounting
Adaptive Insights
QuickBooks Self-Employed
10.0
Configurable Accounting
Adaptive Insights
QuickBooks Self-Employed
10.0
Centralized Rules Framework
Adaptive Insights
QuickBooks Self-Employed
10.0
Standardized Processes
Adaptive Insights
QuickBooks Self-Employed
4.5

Inventory Management

Adaptive Insights
QuickBooks Self-Employed
10.0
Inventory tracking
Adaptive Insights
QuickBooks Self-Employed
10.0
Automatic reordering
Adaptive Insights
QuickBooks Self-Employed
10.0
Location management
Adaptive Insights
QuickBooks Self-Employed
10.0
Manufacturing module
Adaptive Insights
QuickBooks Self-Employed
10.0

Order Management

Adaptive Insights
QuickBooks Self-Employed
10.0
Pricing
Adaptive Insights
QuickBooks Self-Employed
10.0
Order entry
Adaptive Insights
QuickBooks Self-Employed
10.0
Credit card processing
Adaptive Insights
QuickBooks Self-Employed
10.0
Cost of goods sold
Adaptive Insights
QuickBooks Self-Employed
10.0
Order Orchestration
Adaptive Insights
QuickBooks Self-Employed
10.0
End-to-end order visibility
Adaptive Insights
QuickBooks Self-Employed
10.0
Order exception Resolution
Adaptive Insights
QuickBooks Self-Employed
10.0

Accounting Firm BPO Features

Adaptive Insights
QuickBooks Self-Employed
10.0
Branded client dashboards
Adaptive Insights
QuickBooks Self-Employed
10.0
Client data roll-up capabilities
Adaptive Insights
QuickBooks Self-Employed
10.0
Client data consolidation for benchmarking
Adaptive Insights
QuickBooks Self-Employed
10.0
Configurable alerts
Adaptive Insights
QuickBooks Self-Employed
10.0
Billing bypass
Adaptive Insights
QuickBooks Self-Employed
10.0
Client template cloning
Adaptive Insights
QuickBooks Self-Employed
10.0
Single sign-on
Adaptive Insights
QuickBooks Self-Employed
10.0
Configurable client onboarding questions
Adaptive Insights
QuickBooks Self-Employed
10.0
Cross-client workflow management
Adaptive Insights
QuickBooks Self-Employed
10.0
Industry-specific versioning
Adaptive Insights
QuickBooks Self-Employed
10.0
Legacy system data migration
Adaptive Insights
QuickBooks Self-Employed
10.0

Pros

  • Adaptive handles the concept of "versions" very well. This makes budgeting, forecasting, and scenario planning particularly easy. You can compare actuals vs budget, vs budget @ different rate, vs forecast or vs prior year all at the quick click of a button.
  • Multi-user, multi-location, multi-currency handled with ease within the system.
  • Adding or removing GL codes, levels or dimensions is really easy and is updated across the entire model.
  • The reporting writing part of the solution is excellent. Once the data is in, you can report any parameter against any other.
Andy Clifton profile photo
  • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
  • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
  • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
Tim Vahsholtz profile photo

Cons

  • When we purchased the software, there was no template model for SaaS companies. Given Adaptive itself is a SaaS company, we had hoped that we would receive a template that would have saved us some time upfront in building our models. And we probably would have to build some out differently. But I understand this may be an option for new customers.
  • Some basic functionality like YTD calculations are not built into the formula functionality. You have to manually build this into the formula yourself. But it is an easy fix. It just would be nice to have that, as most companies would be interested in a YTD calc.
  • Being able to format reports/dashboards a bit better with +/- variance differentiators
Meghan Gardiner, CPA, CA profile photo
  • Automatic entries could be improved. QuickBooks Self Employed requires you to login every day or two to check on your entries to ensure they are in the correct category. You can mark certain entries for certain categories
  • I find the whole site to run a little slow. While going through and marking the entries to the correct category, the page will sometimes get stuck and entries won't update very quickly. It slows down the process.
  • Overall, QuickBooks has a fairly steep learning curve. It does try to intuitively do some things for you, but if you have to go and correct them, I think you spend more time, and it defeats the purpose of the software.
Tim Vahsholtz 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
QuickBooks Self-Employed10.0
Based on 1 answer
No answer on this topic is available.

Usability

Adaptive Insights7.6
Based on 75 answers
Fairly easy to get trained on the system and how to build models. Within 3 days of hands-on training, we build out robust capacity models on our own. Reports and dashboards are drag and drop to create.
Meghan Gardiner, CPA, CA 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
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

Alternatives Considered

Other than Excel, we did not look at other systems. Key for us was also a bridge or link to our current ERP system, Intacct. I also researched retention of customers with Adaptive. I could not find any vendors who left Adaptive. Strong retention.
Bryan Schmidt profile photo
Honestly, this was the only option for me when I launched my business. I didn't even look at different companies for account services, since QuickBooks Self-Employed had the features and benefits that I needed to run daily operations of my business. Eventually, I will need to upgrade to a higher-level of service, but I will stick with QuickBooks when the time comes to do that.
Aaron Metzger 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

  • Once Adaptive was deployed we shorten our budget input cycle from about 1 month to 1 week for user inputs. Allowing more time to do meaningful analysis
  • With the use of office connect for BoD package reporting, I am able to quickly update a BoD deck. It usually takes about 30 minutes to an hour to change the settings in my standard reports and once this is done, if I make a change to the data in Adaptive, I can update the base reports and my PowerPoint slides are updated in a matter of seconds to minutes.
  • I estimated we save 1 to 2 FPA headcount because of Adaptive.
  • I have a 3 Year license agreement with Adaptive and because of this we receive multi year discounts.
Lisa VanHuystee profile photo
  • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
  • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
  • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
Aaron Metzger profile photo

Screenshots

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

QuickBooks Self-Employed

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

QuickBooks Self-Employed More Information