What users are saying about

Adaptive Insights

Top Rated
204 Ratings

Solver BI360

2 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

Solver BI360

2 Ratings
Score 8 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

Solver BI360

We have multiple departments where they use different sources and application to reports. Solver provided us with this solution in forms of Web portal reporting, which can be accessed across the Whole company, which reduces the number of reports significantly and uniformity. One reporting application through a single source.Our budgeting process is unique last year we had many account executives shuffled, which made very complex for us to reassign accounts and budget for their sales. with complex Budgeting templates, it was not easy anyway. We had to rework our template through 4 revisions
No photo available

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
Solver BI360
Long-term financial planning
Adaptive Insights
8.9
Solver BI360
Financial budgeting
Adaptive Insights
8.9
Solver BI360
Forecasting
Adaptive Insights
9.1
Solver BI360
Scenario modeling
Adaptive Insights
8.3
Solver BI360
Management reporting
Adaptive Insights
8.2
Solver BI360

Consolidation and Close

Adaptive Insights
7.5
Solver BI360
Financial data consolidation
Adaptive Insights
7.9
Solver BI360
Journal entries and reports
Adaptive Insights
5.5
Solver BI360
Multi-currency management
Adaptive Insights
7.7
Solver BI360
Intercompany Eliminations
Adaptive Insights
7.5
Solver BI360
Minority Ownership
Adaptive Insights
7.0
Solver BI360
Local and consolidated reporting
Adaptive Insights
8.3
Solver BI360
Detailed Audit Trails
Adaptive Insights
8.6
Solver BI360

FInancial Reporting and Compliance

Adaptive Insights
8.3
Solver BI360
Financial Statement Reporting
Adaptive Insights
9.0
Solver BI360
Management Reporting
Adaptive Insights
8.6
Solver BI360
Excel-based Reporting
Adaptive Insights
8.5
Solver BI360
Automated board and financial reporting
Adaptive Insights
8.5
Solver BI360
XBRL support for regulatory filing
Adaptive Insights
6.9
Solver BI360

Analytics

Adaptive Insights
7.6
Solver BI360
Personalized dashboards
Adaptive Insights
7.3
Solver BI360
Color-coded scorecards
Adaptive Insights
6.8
Solver BI360
KPIs
Adaptive Insights
8.0
Solver BI360
Cost and profitability analysis
Adaptive Insights
8.1
Solver BI360
Key Performance Indicator setting
Adaptive Insights
8.1
Solver BI360
Benchmarking with external data
Adaptive Insights
7.3
Solver BI360

Integration

Adaptive Insights
8.6
Solver BI360
Flat file integration
Adaptive Insights
8.4
Solver BI360
Excel data integration
Adaptive Insights
8.8
Solver BI360
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Solver BI360

Pros

  • Financial Reporting - Building financial statements in OfficeConnect is a breeze! They are quick and easy to update on a monthly basis! The HTML reporting within Adaptive Insights is also particularly useful for department and adhoc reports!
  • Budgeting/Forecasting - Being able to budget/forecast within Adaptive Insights has significantly cut down on the time it takes to budget by utilizing formulas and assumptions within the model! We reforecast quarterly, and with Adaptive Insights, it's painless when compared to the Excel forecasting we did previously.
  • Cash Flow Statement - Creating this for the annual audit was painful before Adaptive Insights! Now, it's a simple export from Adaptive Insights.
  • Dashboards - The dashboards that can be created are endless and provide valuable insight for our executives in real-time!
Denise Lewis profile photo
  • Budgeting is one of the Best features they have in BI360.
  • Excel-based reporting gives all Excel-lovers more confident.
  • Data Warehouse holds data from different systems, so cross-platform reporting made easy.
No photo available

Cons

  • Users need more visibility for external reporting. If this already exists, then I would suggest more training or webcasts that cover this topic.
  • On the sales side of things, I would suggest ensuring that your NEW users are aware of the amount of training involved in learning to be an ADMIN for Adaptive Insights. Users need to be able to move beyond the implementation to active use. Yes, Adaptive makes things easy, but only if you know how to write the formulas and set things up correctly to run in the background. Hands-on training is a must! Our implementation was 3 years ago, though, so maybe things have improved somewhat since then.
  • More problem/solution-specific forums for users to interact with each other and find new and better ways of handling unique issues. Since Adaptive is so flexible, it often takes bouncing ideas off others to figure out the best way to plan for certain types of revenue or expenses.
Amy Kee, CPA profile photo
  • Real-time data for reporting is not available when you get it from the warehouse.
  • Not compatible with Google Chrome.
  • Lack of version and source control for reports on the Web portal.
No photo available

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
Adaptive has demonstrated their commitment to creating, maintaining, and developing an outstanding product and they have demonstrated to me that they truly care what their customers need and want from the system. They want all users to be successful and this shows in the way they manage their clients and the way they develop the software. I will implement Adaptive at any future organization that I work with and I know several other Finance Directors who have done the same!
Claire SunSpiral profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
Adaptive is very easy to use, but it requires some training to get comfortable with it.
Amy Kee, CPA profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
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
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
In our experience the Adaptive Suite is quick and easy to deploy. Most implementations are facilitated in just a few weeks but may range depending on organisation complexity from say 2 to 12 weeks with only the very largest and most complex taking a little longer. When key stakeholders are properly engaged and the opportunities for skills transfer are exercised, we find that implementations proceed well and are delivered on time and to project budget
Greg Clarke 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 previously only used Excel for budgeting and reporting. We now use Adaptive for all budgeting and use an add-on product called Office Connect to build reports that automate our data each month. We find the Office Connect reporting a little more user-friendly than the in-house reporting feature.
Amy Kee, CPA profile photo
Flexibility in the creation of dashboard and more robust.
No photo available

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
Solver BI3606.0
Based on 1 answer
I have not had chance to use this much.
No photo available

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
Solver BI3606.0
Based on 1 answer
We use custom configured MIS. for which we don't have configurator we can use with Solver. I would love to get that feature, where I can connect my MIS and do reporting out of BI360.
No photo available

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

  • Adaptive Insights has cut our planning cycle by about 75%. Since we have adopted the rolling forecast concept in Adaptive, our plans almost generate themselves. The operational drivers become an integral part of the data we gather, as they drive future financials and provide a road map as to where we are heading.
  • We can respond to financial questions from our customers more quickly because our financial data is at our finger tips at a moments notice. We are better able to see the relationships of our data when we can look across multiple periods and multiple levels and dimensions on the fly. Since we now have one system where we bring in both operational and financial data, we can see relationships that were previously less obvious.
  • We, as finance analysts, are more efficient, as we can respond much quicker, with greater accuracy, because now there is ONE source of the truth, in ONE location.
Robert Scrimshaw 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

Solver BI360

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

Solver BI360 More Information