What users are saying about

Adaptive Insights

Top Rated
204 Ratings

Synoptix

13 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

Synoptix

13 Ratings
Score 8.9 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

Adaptive is great if you want to create many what- if scenarios when budgeting and forecasting. Staffing scenarios has been particularly helpful for our HR department when analyze staff needs for future years and analyzing open and unfilled positions over a certain time frame.

Every so often Adaptive's response time when in the system has been slow but Adaptive has rolled out the Elastic Hypercube to take care of that issue.
Gary Grzesiak profile photo

Synoptix

Advanced Reporting is well suited for companies with many lines of businesses. Reports can be written to break out the information with ease. I would say the benefit for small companies may be limited.
Jeramy Mackie profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Security

Adaptive Insights
Synoptix
9.0
Single sign-on capability
Adaptive Insights
Synoptix
9.0
Role-based user permissions
Adaptive Insights
Synoptix
9.1

Reporting & Analytics

Adaptive Insights
Synoptix
9.2
Dashboards
Adaptive Insights
Synoptix
8.7
Standard reports
Adaptive Insights
Synoptix
9.4
Custom reports
Adaptive Insights
Synoptix
9.4

General Ledger and Configurable Accounting

Adaptive Insights
Synoptix
8.9
Accounts payable
Adaptive Insights
Synoptix
9.1
Accounts receivable
Adaptive Insights
Synoptix
9.1
Cash management
Adaptive Insights
Synoptix
9.1
Expense management
Adaptive Insights
Synoptix
9.5
Time tracking
Adaptive Insights
Synoptix
6.4
Fixed asset management
Adaptive Insights
Synoptix
9.3
Multi-currency support
Adaptive Insights
Synoptix
9.1
Multi-division support
Adaptive Insights
Synoptix
8.9
Regulations compliance
Adaptive Insights
Synoptix
9.3
Self-service portal
Adaptive Insights
Synoptix
9.6

Inventory Management

Adaptive Insights
Synoptix
9.1
Inventory tracking
Adaptive Insights
Synoptix
9.1
Location management
Adaptive Insights
Synoptix
9.1

Order Management

Adaptive Insights
Synoptix
8.8
Cost of goods sold
Adaptive Insights
Synoptix
8.8

Accounting Firm BPO Features

Adaptive Insights
Synoptix
8.7
Branded client dashboards
Adaptive Insights
Synoptix
9.1
Client data roll-up capabilities
Adaptive Insights
Synoptix
6.7
Configurable alerts
Adaptive Insights
Synoptix
9.1
Client template cloning
Adaptive Insights
Synoptix
9.1
Single sign-on
Adaptive Insights
Synoptix
9.1
Legacy system data migration
Adaptive Insights
Synoptix
9.1

Pros

  • Web-based system which eliminates the need to purchase new software. System is accessible anywhere as long as there is internet access.
  • Its features provide for good planning, budgeting, and forecasting.
  • The ability to create customized reports is a very nice touch - we are able to share this across our organization.
Jessalyn Ka profile photo
  • Advanced Reporting allows you to write various reports with ease...even for the technologically challenged people.
  • Information is obtained faster thru Advanced Reporting than Made2Manage.
  • Financial analysis is much easier!
Jeramy Mackie profile photo

Cons

  • The in-house consultants who originally set up Adaptive were poor listeners - and as a result built a model that didn't work for my organization. I had to hire an outside consulting firm with more experience with nonprofits to redo my model. I lost about 1 year of usefulness as a result.
  • Mastering attributes for reporting takes time. The system can do many things, but not without lots of time and effort. I ended up hiring a consultant to build initial reports I needed. I'm comfortable enough now to edit and update, but still have some hesitancy building new reports. One difficulty I have is not knowing the impact a single change, such as the name of a field, can have on everything else associated with that named field or dimension or attribute. It would be nice to have a map showing the links between everything.
Daniel Killpack profile photo
  • Sample fonts in all areas that can be chosen.
  • More error based explanations.
  • Save and Transfer feature (all-in-one).
Logan Griffith 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
There is a learning curve to using Adaptive but it is easily overcome with regular use. Once a user is comfortable with the tool it is easy to navigate and faster than moving between and maintaining multiple files as was required before Adaptive was implemented.
Justin Wade 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 questions are always answered quickly.
Andrew Rosenberg 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

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
Synoptix is by far, much more user friendly
Jesse Smith 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

  • 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
  • It has allowed me to gather historical labor data in a form that allowed for analysis. Without this software, I would not have been able to develop standard router times for our custom product lines.
Jesse Smith profile photo

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

Synoptix

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

Synoptix More Information