<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
214 Ratings
36 Ratings

Adaptive Insights, a Workday company

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Top Rated
214 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.6 out of 101
36 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.3 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

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

CCH Tagetik

Tagetik is very suited for consolidation but not appropriate for GL detail.
Susan Heffern profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights, a Workday company
9.3
CCH Tagetik
Pixel Perfect reports
Adaptive Insights, a Workday company
9.0
CCH Tagetik
Customizable dashboards
Adaptive Insights, a Workday company
10.0
CCH Tagetik
Report Formatting Templates
Adaptive Insights, a Workday company
9.0
CCH Tagetik

Ad-hoc Reporting

Adaptive Insights, a Workday company
8.0
CCH Tagetik
Drill-down analysis
Adaptive Insights, a Workday company
9.0
CCH Tagetik
Formatting capabilities
Adaptive Insights, a Workday company
7.0
CCH Tagetik
Integration with R or other statistical packages
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Report sharing and collaboration
Adaptive Insights, a Workday company
8.0
CCH Tagetik

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
CCH Tagetik
Publish to PDF
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Report Versioning
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
CCH Tagetik

Data Discovery and Visualization

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

Access Control and Security

Adaptive Insights, a Workday company
9.0
CCH Tagetik
Multi-User Support (named login)
Adaptive Insights, a Workday company
9.0
CCH Tagetik
Role-Based Security Model
Adaptive Insights, a Workday company
9.0
CCH Tagetik
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights, a Workday company
9.0
CCH Tagetik

Mobile Capabilities

Adaptive Insights, a Workday company
8.5
CCH Tagetik
Responsive Design for Web Access
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Dedicated iOS Application
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Dedicated Android Application
Adaptive Insights, a Workday company
8.0
CCH Tagetik
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights, a Workday company
10.0
CCH Tagetik

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.5
CCH Tagetik
8.6
Long-term financial planning
Adaptive Insights, a Workday company
8.8
CCH Tagetik
8.9
Financial budgeting
Adaptive Insights, a Workday company
8.7
CCH Tagetik
9.0
Forecasting
Adaptive Insights, a Workday company
9.0
CCH Tagetik
7.7
Scenario modeling
Adaptive Insights, a Workday company
8.0
CCH Tagetik
9.0
Management reporting
Adaptive Insights, a Workday company
8.0
CCH Tagetik
8.3

Consolidation and Close

Adaptive Insights, a Workday company
7.5
CCH Tagetik
7.9
Financial data consolidation
Adaptive Insights, a Workday company
7.9
CCH Tagetik
7.8
Journal entries and reports
Adaptive Insights, a Workday company
5.7
CCH Tagetik
7.8
Multi-currency management
Adaptive Insights, a Workday company
7.4
CCH Tagetik
9.1
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
CCH Tagetik
8.3
Minority Ownership
Adaptive Insights, a Workday company
6.9
CCH Tagetik
7.0
Local and consolidated reporting
Adaptive Insights, a Workday company
8.2
CCH Tagetik
7.5
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
CCH Tagetik
7.8

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
8.1
CCH Tagetik
8.4
Financial Statement Reporting
Adaptive Insights, a Workday company
8.9
CCH Tagetik
8.5
Management Reporting
Adaptive Insights, a Workday company
8.4
CCH Tagetik
8.6
Excel-based Reporting
Adaptive Insights, a Workday company
8.2
CCH Tagetik
9.1
Automated board and financial reporting
Adaptive Insights, a Workday company
8.3
CCH Tagetik
8.5
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.8
CCH Tagetik
7.3

Analytics

Adaptive Insights, a Workday company
7.5
CCH Tagetik
8.1
Personalized dashboards
Adaptive Insights, a Workday company
7.3
CCH Tagetik
8.1
Color-coded scorecards
Adaptive Insights, a Workday company
6.8
CCH Tagetik
7.7
KPIs
Adaptive Insights, a Workday company
7.8
CCH Tagetik
8.2
Cost and profitability analysis
Adaptive Insights, a Workday company
7.9
CCH Tagetik
9.1
Key Performance Indicator setting
Adaptive Insights, a Workday company
7.8
CCH Tagetik
8.2
Benchmarking with external data
Adaptive Insights, a Workday company
7.3
CCH Tagetik
7.3

Integration

Adaptive Insights, a Workday company
8.4
CCH Tagetik
8.5
Flat file integration
Adaptive Insights, a Workday company
8.1
CCH Tagetik
9.5
Excel data integration
Adaptive Insights, a Workday company
8.6
CCH Tagetik
9.6
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.6
CCH Tagetik
6.4

Pros

Adaptive Insights, a Workday company

  • 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

CCH Tagetik

  • It does a good job of assisting with the mapping of accounts to entities. Unlike other programs that require you to add an account for all entities, Tagetik knows to map new accounts to all entities.
  • The interface is very user friendly and intuitive. Once you have a basic understanding of how it functions, it is very easy to navigate.
  • Any time there has been issues with the tool, the Tagetik team has been very quick to assist in solving the issue. They really provide a great deal of support.
Daniel Rizzo profile photo

Cons

Adaptive Insights, a Workday company

  • The layout of the various reporting options could be displayed in a more user-friendlier way. It's a bit difficult to locate where to find the reports.
  • I'm finding that the drill down feature from the monthly financials section is not as convenient as it should be.
  • The exporting to Excel or PDF format is a bit off - it's time consuming to manipulate the excel to a regular paper size.
Jessalyn Ka profile photo

CCH Tagetik

  • The online guide is poor of contents. It could be good for a beginner but it lacks of specific topics. In particular for CDM's section.
No photo available

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.6
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

CCH Tagetik

CCH Tagetik 6.6
Based on 6 answers
Learning is proactive action related. The use of a dynamic tool needs reviews as we learn and grow
Bjørn Born Sylvest profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.5
Based on 76 answers
Adaptive Planning is intuitive and it's easy to train our users since the database looks a lot like an excel spreadsheet. I've been an Admin for five years and it's easy to maintain the system (setting up users, adding new accounts/cost centers, adding new mappings, controlling access, etc.). The consultants at Adaptive Suite are very accessible and we've engaged them on numerous occasions. For instance, we used consultants to assist with implementing structural changes to our organization (we added legal entities) and with modeling corporate allocations when new allocation functionality became available.
Jennifer Summitt profile photo

CCH Tagetik

CCH Tagetik 6.7
Based on 3 answers
I see this product as being multi functional
Susan Heffern profile photo

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
We have not experienced issues when we are accessing the system.
Gary Sabulski profile photo

CCH Tagetik

No score
No answers yet
No answers on this topic

Performance

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo

CCH Tagetik

No score
No answers yet
No answers on this topic

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 6.8
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

CCH Tagetik

CCH Tagetik 7.3
Based on 4 answers
Fast answers, solve problems, but with extra payment for assistance
No photo available

Online Training

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
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

CCH Tagetik

No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 13 answers


Implementation was very easy and fast. The ability to
customize Levels and Dimensions to match our Organization’s structure and
accounting practices is great. Our organization is continually changing and
adaptive has the ability to be changed without issue.

Rose Sipin profile photo

CCH Tagetik

CCH Tagetik 6.4
Based on 2 answers
Get a project manager and have someone on the team who knows your databases and systems inside and out.
Susan Heffern profile photo

Alternatives Considered

Adaptive Insights, a Workday company

I have used Hyperion, Prophix, and an internally-developed Access based solution for budgeting, along with Excel. I honestly never want to be in a non-Adaptive environment again. It has most of the flexibility and ease of Excel, without the version control and linking issues that come along with it. Since it's hosted, budget managers can log in easily to update their budgets and see their monthly financial results. The Finance team can maintain the system internally, without having to request assistance from IT. And with Office Connect, creating and updating reports is so fast and easy, it saves so much time we used to spend manually updating and linking new files.
Amanda Hutchins profile photo

CCH Tagetik

Tagetik is the only product of this kind that I have used
Alec Alvino profile photo

Scalability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo

CCH Tagetik

No score
No answers yet
No answers on this topic

Return on Investment

Adaptive Insights, a Workday company

  • 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

CCH Tagetik

  • With the elimination of the need to distribute and collect budget worksheets and verify the calculations, Tagetik has allowed our limited financial staff more time to do analysis while creating the budget.
  • It is hard to put a return on investment on Tagetik. The price paid for the product has more than paid for itself in my opinion. However in our case, we have not directly attributed any reduction in cost or increased revenue to the product. It has allowed the finance staff to produce and analyze many new reports which has increased our productivity and value to the organization.
John Torley profile photo

Pricing Details

Adaptive Insights, a Workday company

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

CCH Tagetik

General

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

Add comparison