What users are saying about

Adaptive Insights

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Top Rated
205 Ratings
Top Rated
35 Ratings

Adaptive Insights

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Top Rated
205 Ratings
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Score 8.7 out of 101
Top Rated
35 Ratings
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Score 8.4 out of 101

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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

CCH Tagetik

CCH Tagetik is great for pulling together financial data for the purposes of budgeting, planning, and forecasting. I think it will likely have other uses in our organization as well as we become more familiar with it and adept at using it.
No photo available

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
CCH Tagetik
Publish to PDF
Adaptive Insights
8.0
CCH Tagetik
Report Versioning
Adaptive Insights
8.0
CCH Tagetik
Report Delivery Scheduling
Adaptive Insights
8.0
CCH Tagetik

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
CCH Tagetik
8.5
Long-term financial planning
Adaptive Insights
8.9
CCH Tagetik
8.7
Financial budgeting
Adaptive Insights
8.8
CCH Tagetik
8.9
Forecasting
Adaptive Insights
9.1
CCH Tagetik
7.6
Scenario modeling
Adaptive Insights
8.2
CCH Tagetik
8.9
Management reporting
Adaptive Insights
8.1
CCH Tagetik
8.3

Consolidation and Close

Adaptive Insights
7.5
CCH Tagetik
7.6
Financial data consolidation
Adaptive Insights
7.9
CCH Tagetik
7.5
Journal entries and reports
Adaptive Insights
5.6
CCH Tagetik
7.4
Multi-currency management
Adaptive Insights
7.6
CCH Tagetik
8.7
Intercompany Eliminations
Adaptive Insights
7.5
CCH Tagetik
8.0
Minority Ownership
Adaptive Insights
7.1
CCH Tagetik
6.9
Local and consolidated reporting
Adaptive Insights
8.3
CCH Tagetik
7.3
Detailed Audit Trails
Adaptive Insights
8.5
CCH Tagetik
7.6

FInancial Reporting and Compliance

Adaptive Insights
8.3
CCH Tagetik
8.3
Financial Statement Reporting
Adaptive Insights
9.0
CCH Tagetik
8.3
Management Reporting
Adaptive Insights
8.6
CCH Tagetik
8.4
Excel-based Reporting
Adaptive Insights
8.4
CCH Tagetik
9.1
Automated board and financial reporting
Adaptive Insights
8.5
CCH Tagetik
8.3
XBRL support for regulatory filing
Adaptive Insights
7.0
CCH Tagetik
7.2

Analytics

Adaptive Insights
7.6
CCH Tagetik
8.1
Personalized dashboards
Adaptive Insights
7.3
CCH Tagetik
8.0
Color-coded scorecards
Adaptive Insights
6.8
CCH Tagetik
7.7
KPIs
Adaptive Insights
8.0
CCH Tagetik
8.2
Cost and profitability analysis
Adaptive Insights
8.0
CCH Tagetik
9.0
Key Performance Indicator setting
Adaptive Insights
8.0
CCH Tagetik
8.2
Benchmarking with external data
Adaptive Insights
7.3
CCH Tagetik
7.3

Integration

Adaptive Insights
8.6
CCH Tagetik
8.6
Flat file integration
Adaptive Insights
8.3
CCH Tagetik
9.6
Excel data integration
Adaptive Insights
8.7
CCH Tagetik
9.6
Direct links to 3rd-party data sources
Adaptive Insights
8.7
CCH Tagetik
6.6

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
  • Excel interface capability makes it easier for user adoption
  • Web interface and workflow provide both simplicity and control
  • Multi-currency support
No photo available

Cons

  • Model - It takes a little bit of time to get familiar with how the model works.
Denise Lewis profile photo
  • Until you get familiar with the software, screens, buttons, etc, are not necessarily intuitive. It just takes time
  • Without being involved in the implementation process. A new user might have some difficulty getting up to speed on writing reports and using the system.
  • Having a liaison at Tagetik that really understands our business needs so they can help guide us at various stages on implementing parts of Tagetik that we may not be aware of.
Susan Heffern profile photo

Likelihood to Renew

Adaptive Insights8.6
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
CCH Tagetik6.5
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 Insights7.7
Based on 75 answers
The Adaptive Suite is well-rounded. We love the add-on OfficeConnect because it allows us to quickly pull data from Adaptive in a report format. Once you set up the OfficeConnect, it's as easy as pushing a button to re-run. This has been especially helpful for month-end reporting and reconciling data in the Budget.
Samantha Monastra profile photo
CCH Tagetik6.8
Based on 3 answers
Tagetik has a complex engine which could be easily managed by a web-based interface and an Excel .net macro which allows a quick learning of the application's main functions. Even everyday system maintenance is very easy to manage too, once you understand the underlying consolidation model. In wider terms, once you made the first configuration and you feed the data model, many annoying routines could be easily automated, with a great gain in terms of time spent on application maintenance.
Alessandro MANTINI profile photo

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
CCH Tagetik7.4
Based on 4 answers
Have never had a reason to give a negative rating
Susan Heffern profile photo

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
Although having a set of spreadsheet and workbooks helps to define the logic and processes, preparing a requirements document is also an important element in a successful implementation. In addition, dedicating a knowledgeable user as part of the "Scrum" development allows focus and permits the implementation to proceed without time loss and promotes knowledge transfer. Finally, having an onsite developer speeds the process and can reduce the overall cost as well.
Bob Katz, CMA, CFM, CFP® profile photo
CCH Tagetik6.4
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

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

To be honest - Host Analytics seemed relatively similar to Adaptive. However, Adaptive was our number one choice because:- The Adaptive suite looked a lot better. It seemed smarter and "sharper" and the data visualisation was better.- The people from Adaptive throughout the selection process were more helpful and insightful. This was confirmed throughout the implementation where we had really excellent service and help from Adaptive.
Andy Clifton profile photo
This product is very comparable to BPC but much more affordable and the customer service is far superior.
Bobbi Miller 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

  • Significantly decreased our budget cycle time. Fewer hours dedicated to running multiple excel scenarios for the budget season and more time spent assessing the overall assumptions/inputs.
  • Reduced our month-end reporting cycle to 2 days with forecasting ready.
Meghan Gardiner, CPA, CA profile photo
  • 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

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

CCH Tagetik

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

CCH Tagetik More Information