What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
13 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
13 Ratings
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Score 9 out of 101

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Likelihood to Recommend

Adaptive Insights

Adaptive Insights is well suited for many business sizes, including small companies to companies with billions of dollars in revenue. Its flexibility with customization and the various options is very attractive.
Jessalyn Ka profile photo

Synoptix

Synoptix is a great tool for anyone who is running the financials manually from their ERP system and then manipulating them into the proper format. This tool can take hours (if not days) of work and turn it into a 5 minute job. I have also found a lot of value from running analysis reports. The ability to drill into the system to see individual transactions is incredibly valuable. While there are occasionally bugs with the system, the customer service team at Synoptix is very responsive and always ready to help. I enjoy working with them and would buy the software again
Jesse Harris profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
Synoptix
Pixel Perfect reports
Adaptive Insights
9.0
Synoptix
Customizable dashboards
Adaptive Insights
10.0
Synoptix
Report Formatting Templates
Adaptive Insights
9.0
Synoptix

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Synoptix
Publish to PDF
Adaptive Insights
8.0
Synoptix
Report Versioning
Adaptive Insights
8.0
Synoptix
Report Delivery Scheduling
Adaptive Insights
8.0
Synoptix

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
Synoptix
Long-term financial planning
Adaptive Insights
8.9
Synoptix
Financial budgeting
Adaptive Insights
8.8
Synoptix
Forecasting
Adaptive Insights
9.1
Synoptix
Scenario modeling
Adaptive Insights
8.2
Synoptix
Management reporting
Adaptive Insights
8.1
Synoptix

Consolidation and Close

Adaptive Insights
7.5
Synoptix
Financial data consolidation
Adaptive Insights
7.9
Synoptix
Journal entries and reports
Adaptive Insights
5.6
Synoptix
Multi-currency management
Adaptive Insights
7.6
Synoptix
Intercompany Eliminations
Adaptive Insights
7.5
Synoptix
Minority Ownership
Adaptive Insights
7.1
Synoptix
Local and consolidated reporting
Adaptive Insights
8.3
Synoptix
Detailed Audit Trails
Adaptive Insights
8.5
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
8.4
Synoptix
Automated board and financial reporting
Adaptive Insights
8.5
Synoptix
XBRL support for regulatory filing
Adaptive Insights
7.0
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
8.0
Synoptix
Key Performance Indicator setting
Adaptive Insights
8.0
Synoptix
Benchmarking with external data
Adaptive Insights
7.3
Synoptix

Integration

Adaptive Insights
8.6
Synoptix
Flat file integration
Adaptive Insights
8.3
Synoptix
Excel data integration
Adaptive Insights
8.7
Synoptix
Direct links to 3rd-party data sources
Adaptive Insights
8.7
Synoptix

Security

Adaptive Insights
Synoptix
9.1
Single sign-on capability
Adaptive Insights
Synoptix
9.0
Role-based user permissions
Adaptive Insights
Synoptix
9.2

Reporting & Analytics

Adaptive Insights
Synoptix
9.2
Dashboards
Adaptive Insights
Synoptix
8.7
Standard reports
Adaptive Insights
Synoptix
9.5
Custom reports
Adaptive Insights
Synoptix
9.5

General Ledger and Configurable Accounting

Adaptive Insights
Synoptix
9.0
Accounts payable
Adaptive Insights
Synoptix
9.4
Accounts receivable
Adaptive Insights
Synoptix
9.4
Cash management
Adaptive Insights
Synoptix
9.2
Expense management
Adaptive Insights
Synoptix
9.6
Time tracking
Adaptive Insights
Synoptix
6.4
Fixed asset management
Adaptive Insights
Synoptix
9.4
Multi-currency support
Adaptive Insights
Synoptix
9.1
Multi-division support
Adaptive Insights
Synoptix
8.9
Regulations compliance
Adaptive Insights
Synoptix
9.5
Self-service portal
Adaptive Insights
Synoptix
9.7

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
8.9
Cost of goods sold
Adaptive Insights
Synoptix
8.9

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

  • Discovery - monitoring KPIs. The new Discovery interface is the easiest dashboard I've ever used. I can have a new report on a Dashboard in under a minute.
  • Reporting - the click and drag graphical user interface makes it easy to design reports to answer almost any financial question. It also makes it easy to adapt a single report for 100 different users.
  • Planning - having multiple versions and multiple levels allows us to compare, contrast, monitor and manage with ease.
Daniel Killpack profile photo
  • Complex, time consuming reports can be quickly produced without the need of a special skills set.
  • Organizes and provides for better access and distribution of data from your ERP.
  • Can’t emphasize enough the IT independence! You don’t really need them!
Mariano Monzu, CPA 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
  • I would like to see the report builder of Advanced Reporting have more of the capabilities of Microsoft Excel.
Jeramy Mackie profile photo

Likelihood to Renew

Adaptive Insights8.6
Based on 32 answers
Intuitive and Easy to MaintainThe Adaptive Suite is a very reliable Corporate Performance Management Solution. The solution is very easy to.use and provides timely, quality reporting. We have used the solution continuously for six years and been very pleased with the ongoing enhancements. Beyond our own positive experience we support many clients across commerce, industry and government. Nearly all our supported customers provide very positive feedback and continue to renew their subscriptions.
Greg Clarke 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
Prior to Synoptix we were using the reporting tool that comes with our ERP system. It lacked the drilldown and comparability functions that make Synoptix the top pick. Further, designing reports and maintaining reports was very labor intensive
Traci Hemmerlin  CPA profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
With workflow I am able to track progress on budget and forecast projects in a timely manner. There is also an organiser to track and assign tasks to users. Security is very flexible.
Robin Webber 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

  • Staffing. Almost certain we would have had to hire a full-time budget analyst to process budgets pre-Adaptive. Savings in labor for salary and benefits is about $150 k annually.
  • Quicker ability to report and complete the budget process. Before Adaptive, the budget process took about 4 months. We have shrunk the time required to about 3 months with additional time now for analysis.
  • What if reporting. Nice to see the impact of changes in the budget with a quick turn around time to report.
Bryan Schmidt profile photo
  • Positive impacts include month/quarter/year end closing processing time cut down with better reports, customizable reports and financial statement analysis.
Jeramy Mackie 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