What users are saying about

Adaptive Insights

Top Rated
204 Ratings

SAP HANA

91 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

SAP HANA

91 Ratings
Score 8.3 out of 101

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Likelihood to Recommend

Adaptive Insights

It is well suited for mid-size companies to have a budgeting, forecasting, and reporting platform. The system needs data and someone to maintain it so it would not be well suited for a small company or one without a dedicated finance team.
Brian Kyslinger profile photo

SAP HANA

SAP HANA is well suited for reporting on live data i.e as data flows into OLTP systems, we can do reporting and make quick decisions.SAP HANA is not required to the routine analytical reporting such as Profit/Loss statements, etc.
Srinivas Perumandla profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
SAP HANA
Long-term financial planning
Adaptive Insights
8.9
SAP HANA
Financial budgeting
Adaptive Insights
8.9
SAP HANA
Forecasting
Adaptive Insights
9.1
SAP HANA
Scenario modeling
Adaptive Insights
8.3
SAP HANA
Management reporting
Adaptive Insights
8.2
SAP HANA

Consolidation and Close

Adaptive Insights
7.5
SAP HANA
Financial data consolidation
Adaptive Insights
7.9
SAP HANA
Journal entries and reports
Adaptive Insights
5.5
SAP HANA
Multi-currency management
Adaptive Insights
7.7
SAP HANA
Intercompany Eliminations
Adaptive Insights
7.5
SAP HANA
Minority Ownership
Adaptive Insights
7.0
SAP HANA
Local and consolidated reporting
Adaptive Insights
8.3
SAP HANA
Detailed Audit Trails
Adaptive Insights
8.6
SAP HANA

FInancial Reporting and Compliance

Adaptive Insights
8.3
SAP HANA
Financial Statement Reporting
Adaptive Insights
9.0
SAP HANA
Management Reporting
Adaptive Insights
8.6
SAP HANA
Excel-based Reporting
Adaptive Insights
8.5
SAP HANA
Automated board and financial reporting
Adaptive Insights
8.5
SAP HANA
XBRL support for regulatory filing
Adaptive Insights
6.9
SAP HANA

Analytics

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

Integration

Adaptive Insights
8.6
SAP HANA
Flat file integration
Adaptive Insights
8.4
SAP HANA
Excel data integration
Adaptive Insights
8.8
SAP HANA
Direct links to 3rd-party data sources
Adaptive Insights
8.7
SAP HANA

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
  • SAP Hana does well at providing near to real time data synchronization from various tools especially SAP tools.
  • Its in memory feature reduces the data retrieval time drastically.
  • Merged suite tools that combined give exceptional features in SAP landscape.
No photo available

Cons

  • The format of reports when downloaded to Excel or PowerPoint could use improvement.
  • Would be nice if you could inactivate GL accounts when they are no longer being used.
  • Suppress rows functionality when set by the administrator to default to suppress if not data doesn't always seem to work.
Gary Grzesiak profile photo
  • GUI
  • integration with SAP BI
  • Integration with SAP BOBJ
No photo available

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
SAP HANA7.7
Based on 3 answers
SAP HANA product meets our needs.
No photo available

Usability

Adaptive Insights7.7
Based on 75 answers
Adaptive Insights is incredibly easy to use! OfficeConnect makes creating and updating financial reports a breeze!
Denise Lewis 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

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

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
Leonardo Hernandez profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
This is one of the best features as personnel in different areas at different sites can work together on the budget, forecast or "what-if" models.
Harry Vasels profile photo
No score
No answers yet
No answers on this topic

Data Integration

Adaptive Insights7.6
Based on 17 answers
We have used Adaptive for years and it works well as we adapt to changing business scenarios. We can make changes and see potential impacts to our business before they occur.
Harry Vasels 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

  • Month-end reporting: It's hard to say how much time Adaptive Insights has provided, but I can say we no longer have formula errors in Excel reports and refreshing financial statements every month only takes a couple of clicks.
  • Budgeting/forecasting: We have saved a tremendous amount of time in our budgeting cycle. After importing a budget in Adaptive Insights and setting up the model with formulas, we are able to copy the most recent budget version into the next budget version and review. Being able to budget in Adaptive Insights also removes the possibility of formula and linking errors that come with Excel.
Denise Lewis profile photo
  • Faster Decision making
  • TCO on IT reduced by 70%
  • Increased Data Analysis
  • Brought Business closer to real time data
No photo available

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

SAP HANA

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

SAP HANA More Information