Likelihood to Recommend
All businesses require solutions and tools for organization and control of expenses, spreadsheets were always the first option, but since the arrival of LivePlan, all work is easier and more automated. With LivePlan we have charts and graphs that are automatically created based on our data, this is a great time and money saver. LivePlan is a tool that has worked from day one and has met our expectations in creating the total budget.
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It can be best suited in scenarios which require multi dimensional modelling and reporting and more simpler and granular metrics need to be tracked. It also helps assess various what if scenarios to evaluate scope of business opportunities and help stakeholders take business decisions. One can create plans aligned with various organizational and business unit goals by collaborating with all kinds of department and users in organization.
Read full review Pros It makes it easy and simple to plan and budget the business. It allows creating of accurate business forecasts. It has detailed yet easy to use and customize built-in templates to help you get along with business planning easily. It integrates and works perfectly well woth accounting tools like QuickBooks such that it is easy to import the accounting data. Read full review Version Management. Adaptive lets us manage many versions/scenarios all in one platform with the robust ability to compare them to each other. Processing Performance. With the Elastic Hypercube technology that was implemented a few years back, we can watch changes flow through a complex web of formulas and arrive at an answer within seconds. Audit Trail. Our administrators love the ability to see and report on who made what changes when, which leads to real accountability within the organization. Read full review Cons UX: It's beyond time for an overhaul, especially on mobile. It can make the app seem dated. The accounting software integration has been prone to break and need to be re-setup, though that seems to have improved. Read full review It would be beneficial to me, as a user, if there was a library of documentation for every type of feature. This could be something regarding formula building, understanding how attributes work, with examples, or a location for basic and advance documentation on Sheet/Model/Cubes. I would like to have the ability to directly assign some dimensions to accounts easier. A drag and drop feature for that would be interesting. This has been a challenge for me when new dimensions are built and I am unable to assign them to new accounts. I would also like to see some more formulas or an easier way to do some basic tasks. For example a simple YTD function instead of running a simple, yet long string of texts for the formulas. Or the option for selecting YTD features, removing the need of the formula all together. Read full review Likelihood to Renew
For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
Read full review Usability
Workday Adaptive Planning has detailed online help with both articles and videos that are comprehensive. It has a lot of similarities to Excel, which most finance people are already familiar with, plus the user interface is intuitive and easy to pick up. The online support team is quick to respond and very knowledgeable.
Read full review Reliability and Availability
There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
Read full review Performance
All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
Read full review Support Rating
Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
Read full review In-Person Training
This was extremely helpful so that they could walk you through the model and teach you more about the complexity of various areas. It is most helpful when it is specific to your organization's model. The larger in-person trainings were helpful but they tended to be more generic and entry level. The trainings that are more tailored to your specific needs are the most helpful.
Read full review Online Training
They often times tended to be way too generic or entry level. They would also become sales pitches to upgrade or get new Adaptive Planning products. The questions in the training would be very niche and specific to other organizations. They were rarely helpful to the group at large.
Read full review Implementation Rating
Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
Read full review Alternatives Considered
We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
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Workday became our choice because it is fully web-based and easily integrates with other systems. The learning curve for Workday was shorter than that of Dynamics. The reporting tools in Workday are more user-friendly than that of Dynamics. However Workday did not have Check Printing tools which are available in Dynamics. The organization started a project to digitize all financial transactions so it was not a priority feature. When it comes to scaling up the functionalities of Workday it was much easier than Dynamics.
Read full review Contract Terms and Pricing Model
Good read only seat access
Read full review Scalability
We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
Read full review Professional Services
This is now available in house at Workday which is convenient.
Read full review Return on Investment It has made it easy to create sensible budgets and run our business within the proposed budgets to avoid overspending. It allows us to keenly follow up and keep track of how the business is performing thus getting to know on which ares we should improve. It helps us have accurate future insights of the position of our business thanks to its forecasting functionality. It helps us to create outstanding business plans and fund the plans which help us grow our business by improving its productivity. Read full review Adaptive has had a very positive impact on our planning process by providing the ability to collaborate and has reduced the inevitable errors encountered with our other budgeting tool. Our ROI is proving out exponentially with the increased efficiencies gained, time saved from streamlining of our processes, and the overall enhancement with staff communication throughout the budget cycle. Read full review ScreenShots Workday Adaptive Planning Screenshots