What users are saying about

Adaptive Insights

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Top Rated
205 Ratings

Adaptive Insights

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

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Likelihood to Recommend

Adaptive Insights

It is well suited for mid-size companies to have a budgeting, forecasting, and reporting platform. The system needs data and someone to maintain it so it would not be well suited for a small company or one without a dedicated finance team.
Brian Kyslinger profile photo

Workday Prism Analytics

If any client is seriously looking for a BI tool on Hadoop and doesn’t want to compromise with any technology barriers with Hadoop such as security, compressions, formats etc., I recommend platfora for them. If clients are not dealing with big data then I don't recommend this tool.It’s a great tool to do quantitative, time series analysis and data science.
Srikanth Daggumalli profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
Workday Prism Analytics
Pixel Perfect reports
Adaptive Insights
9.0
Workday Prism Analytics
Customizable dashboards
Adaptive Insights
10.0
Workday Prism Analytics
Report Formatting Templates
Adaptive Insights
9.0
Workday Prism Analytics

Ad-hoc Reporting

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

Report Output and Scheduling

Adaptive Insights
8.0
Workday Prism Analytics
Publish to PDF
Adaptive Insights
8.0
Workday Prism Analytics
Report Versioning
Adaptive Insights
8.0
Workday Prism Analytics
Report Delivery Scheduling
Adaptive Insights
8.0
Workday Prism Analytics

Data Discovery and Visualization

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

Access Control and Security

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

Mobile Capabilities

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

Budgeting, Planning, and Forecasting

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

Consolidation and Close

Adaptive Insights
7.5
Workday Prism Analytics
Financial data consolidation
Adaptive Insights
7.9
Workday Prism Analytics
Journal entries and reports
Adaptive Insights
5.6
Workday Prism Analytics
Multi-currency management
Adaptive Insights
7.6
Workday Prism Analytics
Intercompany Eliminations
Adaptive Insights
7.5
Workday Prism Analytics
Minority Ownership
Adaptive Insights
7.1
Workday Prism Analytics
Local and consolidated reporting
Adaptive Insights
8.3
Workday Prism Analytics
Detailed Audit Trails
Adaptive Insights
8.5
Workday Prism Analytics

FInancial Reporting and Compliance

Adaptive Insights
8.3
Workday Prism Analytics
Financial Statement Reporting
Adaptive Insights
9.0
Workday Prism Analytics
Management Reporting
Adaptive Insights
8.6
Workday Prism Analytics
Excel-based Reporting
Adaptive Insights
8.4
Workday Prism Analytics
Automated board and financial reporting
Adaptive Insights
8.5
Workday Prism Analytics
XBRL support for regulatory filing
Adaptive Insights
7.0
Workday Prism Analytics

Analytics

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

Integration

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

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
  • It's web based. No need to install any desktop clients on your machine to use platfora.
  • It's best suited for a big data Hadoop environment. I can rate it as the #1 BI tool for a big data hadoop environment.
  • Platfora follows kind of the same architecture as Hadoop architecture like Master and Slave architecture. It scales with the data volumes.
  • Querying data is very good and very fast. (Platfora Lens)
  • Client presentation wise it's good. You can get different kinds of graphs.
  • Platfora almost supports everything on Big Data technologies including file formats, compression etc.
  • Security is not compromised and it can deal in parallel with any Hadoop distributor security implementations. Just take an example of Knox on Hortonworks, so it will deal with that and cloudera , MapR
  • Its very easily understandable and for the new people who wants to try platfora, learning curve is low
  • You can create your own datasets in platfora. You can store your results as a dataset in platfora and can share across
Srikanth Daggumalli profile photo

Cons

  • For reforecasting (e.g. doing 3 + 9 or 6 + 6), it would be useful to do constant currency analysis for versions that are "hybrid" (i.e. contain actual and plan data). At the moment, the virtual version functionality only works properly for actual or plan only versions.
  • We are a company going through a process of changing financial years and trying to plan over multiple financial periods of different lengths. I have found it very difficult to handle this in the system elegantly.
  • It would be good if there were more "template" models for various common business scenarios (e.g. sets of standard modeled sheets available for personnel and fixed assets) or sets of standard cubes for revenue or projects.
Andy Clifton profile photo
  • Data Movement - Data needs to be moved from Hadoop to Platfora to create Platfora Lens and to do analytics.
  • To support Data movement, infrastructure cost is high.
  • To support data movement, network bandwidth consumption is high.
  • No trial versions for companies to evaluate.
Srikanth Daggumalli 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
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
Building complex reports is still difficult to do when using dimension or level attributes. Formulas are still a challenge.
Daniel Killpack profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
It's never been out of action when we've needed to use it.
Lee Hawthorn 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


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
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

My decision came down to Adaptive vs Host Analytics. Host made the claim that because their sheets were just like excel, you wouldn't need to learn any new commands. Rather, I thought that was a downside. I didn't want another glorified version of excel, I was looking for something different, something new. Adaptive had that. They were also far more willing to work with a nonprofit and become a partner, rather than just a vendor.
Daniel Killpack profile photo
Srikanth Daggumalli 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
It is very simple to update data, both monthly actuals and budgeting data, using an Excel template or the connector.
Robin Webber 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

  • The most positive impact has been on time. While it took some time to get things set up correctly, once we did, we were able to report results very quickly.
  • The budgeting process has gone much more quickly.
  • What-if scenarios are a little trickier. There are multiple ways you can do it. We have chosen to use assumptions for percentages and then copy the original version to a "what-if" version and change the assumption it is pointing to. However, this is a bit clunky.
  • Month-end reporting is getting faster and faster the more we automate through Adaptive.
Amy Kee, CPA profile photo
  • It's very positive for us to use platfora in terms of ROI
Srikanth Daggumalli 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

Workday Prism Analytics

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

Workday Prism Analytics More Information