What users are saying about

Adaptive Insights

Top Rated
204 Ratings

Xero

Top Rated
213 Ratings

Adaptive Insights

Top Rated
204 Ratings
Score 8.7 out of 101

Xero

Top Rated
213 Ratings
Score 8.6 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

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

Xero

  • For the price point, it's better for SME's and less good for freelancers who just need some basic services or enterprises who need way more functionality.
  • Functions SME's would likely add and would likely want to pay extra for include Sales Tax, Invoicing, and perhaps foreign currency.
Malcolm Colman-Shearer profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

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

Integration

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

Payroll Management

Adaptive Insights
Xero
6.7
Pay calculation
Adaptive Insights
Xero
7.3
Benefit plan administration
Adaptive Insights
Xero
6.0
Direct deposit files
Adaptive Insights
Xero
7.2
Salary revision and increment management
Adaptive Insights
Xero
6.9
Reimbursement management
Adaptive Insights
Xero
6.1

Customization

Adaptive Insights
Xero
8.6
API for custom integration
Adaptive Insights
Xero
8.8
Plug-ins
Adaptive Insights
Xero
8.5

Security

Adaptive Insights
Xero
8.8
Single sign-on capability
Adaptive Insights
Xero
9.0
Role-based user permissions
Adaptive Insights
Xero
8.7

Reporting & Analytics

Adaptive Insights
Xero
8.5
Dashboards
Adaptive Insights
Xero
8.3
Standard reports
Adaptive Insights
Xero
8.7
Custom reports
Adaptive Insights
Xero
8.4

General Ledger and Configurable Accounting

Adaptive Insights
Xero
8.2
Accounts payable
Adaptive Insights
Xero
8.8
Accounts receivable
Adaptive Insights
Xero
8.8
Cash management
Adaptive Insights
Xero
8.2
Bank reconciliation
Adaptive Insights
Xero
9.1
Expense management
Adaptive Insights
Xero
7.5
Time tracking
Adaptive Insights
Xero
6.5
Fixed asset management
Adaptive Insights
Xero
7.7
Multi-currency support
Adaptive Insights
Xero
8.2
Multi-division support
Adaptive Insights
Xero
8.8
Regulations compliance
Adaptive Insights
Xero
8.1
Electronic tax filing
Adaptive Insights
Xero
8.2
Self-service portal
Adaptive Insights
Xero
8.2
Global Financial Support
Adaptive Insights
Xero
7.0
Primary and Secondary Ledgers
Adaptive Insights
Xero
9.1
Intercompany Accounting
Adaptive Insights
Xero
7.7
Localizations
Adaptive Insights
Xero
8.0
Journals and Reconciliations
Adaptive Insights
Xero
8.2
Enterprise Accounting
Adaptive Insights
Xero
8.1
Configurable Accounting
Adaptive Insights
Xero
8.6
Centralized Rules Framework
Adaptive Insights
Xero
8.6
Standardized Processes
Adaptive Insights
Xero
8.9

Inventory Management

Adaptive Insights
Xero
7.7
Inventory tracking
Adaptive Insights
Xero
7.1
Automatic reordering
Adaptive Insights
Xero
7.5
Location management
Adaptive Insights
Xero
8.4
Manufacturing module
Adaptive Insights
Xero
8.0

Order Management

Adaptive Insights
Xero
6.9
Pricing
Adaptive Insights
Xero
7.5
Order entry
Adaptive Insights
Xero
7.2
Credit card processing
Adaptive Insights
Xero
8.3
Cost of goods sold
Adaptive Insights
Xero
7.7
Order Orchestration
Adaptive Insights
Xero
6.1
End-to-end order visibility
Adaptive Insights
Xero
7.0
Order exception Resolution
Adaptive Insights
Xero
4.1

Accounting Firm BPO Features

Adaptive Insights
Xero
8.1
Branded client dashboards
Adaptive Insights
Xero
9.1
Client data roll-up capabilities
Adaptive Insights
Xero
7.7
Client data consolidation for benchmarking
Adaptive Insights
Xero
7.7
Configurable alerts
Adaptive Insights
Xero
7.8
Billing bypass
Adaptive Insights
Xero
8.5
Client template cloning
Adaptive Insights
Xero
7.9
Single sign-on
Adaptive Insights
Xero
9.2
Configurable client onboarding questions
Adaptive Insights
Xero
6.9
Cross-client workflow management
Adaptive Insights
Xero
8.4
Industry-specific versioning
Adaptive Insights
Xero
8.3
Legacy system data migration
Adaptive Insights
Xero
7.9

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
  • The user interface is very easy to understand an is not cluttered.
  • The API is easy to use and allows for integrations with external systems
  • Multi-user access with different roles is also nice.
Patrick Cranston profile photo

Cons

  • On the Infographics page, I would love to see a thumbnail of the infographic before clicking on it. In general, I love that when you hover over a box, you get a more detailed description, but I would also love the ability to hover and then click to see a thumbnail before opening the full page.
  • Similarly, I think the Videos page should have the length of each video somewhere on the squares. This would help people judge how much time they would need to watch each one all the way through, and be able to make an informed decision about how many they could watch in between meetings.
  • There is no free text search bar.
Samantha Monastra profile photo
  • Using an accounting system in a web browser versus a standalone app can be a little clunky when it comes to navigation or having multiple windows open at once. This is more a function of using a web browser then a knock against xero itself. For us this is just a minor annoyance having come from a desktop based system before.
Patrick Cranston 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
Xero9.7
Based on 24 answers
We will definitely continue to use and support Xero. It is constantly being improved and upgraded and gets better and better as time goes on. It seems very likely that Xero will be a major player in the small business accounting world for the foreseeable future. It's affordable pricing and ease of use make it an excellent choice for most small businesses and organizations.
Matthew Toenjes 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
Xero8.3
Based on 20 answers
I use Xero everyday and love it!
Doug Fish 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
Xero9.0
Based on 10 answers
After 4 years, NEVER a problem with errors or outages.
Doug Fish profile photo

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
Xero10.0
Based on 8 answers
In 3 years of use, I've only broken the system once. And that was for 30 seconds.
Dan Schmidt, CPA profile photo

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
Xero8.7
Based on 14 answers
Xero support for a cloud based software with hundreds of thousands of users is about as good as it gets. There is always room for improvement though.
John Cotter 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
Xero10.0
Based on 5 answers
All of Xero's training is online and available for anyone (business owner or accountants) to learn and become experts in their system. There is a range of content from product training to real world webinars from their partners. Xero is beautiful accounting software and their training is the same.
Scott Scharf profile photo

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
Xero9.5
Based on 9 answers
There is no implementation. This is cloud-based software
Amhed Herrera 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

For us, it came down to Adaptive Insights and Host Analytics. The benefits seemed very comparable. We ultimately decided on Adaptive Insights because it cost less to implement and the time to implement was less compared to Host Analytics. We are VERY happy with our decision to go with Adaptive Insights.
Denise Lewis profile photo
QBO - UI/UX and integrations are far superior. The only area where QBO is currently ahead is job costingFreshbooks - we recommend for some pre-revenue and solopreneur clients only. Xero provides a full-featured solutionWave - we recommend for some pre-revenue and solopreneur clients only. Xero provides a full-featured solutionIntacct - great functionality but cost-prohibitive. We recommend this service when clients are hitting the limits of the Xero database and ecosystem, or in certain cases where additional tracking and granularity may be required, such as non-profits with significant grant reporting requirements.
Dan Schmidt, CPA profile photo

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
Xero9.1
Based on 10 answers
There are two primary reasons for the 10 rating - UI (including platform stability) and the open API/add-on ecosystem. This allows a CPA to provide value-add services beyond traditional bookkeeping, and to truly fill the coveted "trusted advisor" status.
Dan Schmidt, 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
Xero9.8
Based on 6 answers
After 4 years I cannot remember a single moment of downtime. Outstanding reliability!
Doug Fish profile photo

Return on Investment

  • Our budgeting and forecasting cycles are now faster, more accurate and can evolve dynamically throughout the process. This is especially important in our business which is experiencing rapid growth.
  • Our ability to push out bespoke reporting to business owners has massively improved.
  • For our most recent budget cycle, we were able to simply and quickly illustrate the impact of foreign exchange fluctuations to our board.
Andy Clifton profile photo
  • Better collaboration with clients, allowing more off-site work (increasing productivity since no time lost to travel)
  • Easy delegation within my firm through user management, allowing better customer service and support
  • Automation of data entry tasks lets us focus on being trusted advisors and second set of eyes, allowing us to bill at a higher rate
Ean Murphy 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

Xero

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

Xero More Information