Workday Adaptive Planning Review
We use Workday Adaptive Planning mostly for our monthly and annual P/L planning. Recently, we started using model sheets for Capex cash …
Overview
What is Workday Adaptive Planning?
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
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Popular Features
- Financial budgeting (171)9.090%
- Forecasting (166)8.787%
- Long-term financial planning (160)8.585%
- Management reporting (171)8.383%
Reviewer Pros & Cons
Pricing
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What is Workday Adaptive Planning?
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
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What is Workday Adaptive Planning?
Everybody plans, and strategic planning is a crucial process for every business. This business planning software enables teams to create budgets, forecasts, and models in less time and with greater accuracy, so that the team can focus on analysis and strategy. Having up to date, reliable data, teams can focus on the story behind the numbers, and can improve business decisions and collaboration. Additionally, Workday Adaptive Planning and Consolidation delivers a unified solution that enables Accounting and Finance to accelerate the close, increase planning agility and drive faster, more informed decisions. The software was ranked a leader in Gartner's Cloud Planning and Analysis quadrant.
Workday Adaptive Planning Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
- Supported: XBRL support for regulatory filing
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
- Supported: Benchmarking with external data
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
Workday Adaptive Planning Screenshots
Workday Adaptive Planning Integrations
Workday Adaptive Planning Competitors
Workday Adaptive Planning Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android, Windows Phone, Mobile Web |
| Supported Countries | United States, Canada, United Kingdom, Ireland, Australia, New Zealand, and many more! |
| Supported Languages | English, Spanish, French, Japanese, Portuguese (Brazilian), Russian, Polish, Dutch |
Frequently Asked Questions
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
Reviewers rate Financial budgeting highest, with a score of 9.
The most common users of Workday Adaptive Planning are from Mid-sized Companies (51-1,000 employees).
Workday Adaptive Planning Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 0% |
| Mid-Size Companies (51-500 employees) | 60% |
| Enterprises (more than 500 employees) | 40% |
Comparisons
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Reviews and Ratings
(337)Attribute Ratings
- 7.7Likelihood to Renew
- 7.3Availability
- 9.1Performance
- 9Usability
- 8.1Support Rating
- 7.3Online Training
- 8.2In-Person Training
- 9.4Implementation Rating
- 8.2Configurability
- 8.6Product Scalability
- 8.2Ease of integration
- 6.4Vendor pre-sale
- 8.2Vendor post-sale
- 7.6Data Sources
- 7.5Data Sharing and Collaboration
- 8.2Professional Services
- 7.3Contract Terms and Pricing Model
Reviews
(151-175 of 203)Companies can't remove reviews or game the system. Here's why
December 29, 2016
Very Satisfied with Adaptive Suite
Currently only the finance department is using Adaptive as we are still in the process of implementing. Soon, however it will be used organization wide. It addresses the problems of needing financial data in customized formats and reported on quickly.
- Reporting - it's easy to use and very easy to customize for different info various stakeholders may need.
- Automating budget process based on various formulas, drivers, etc.
- Ease of building scenarios and comparing scenarios through reporting.
- Org structure - have a field for a code and a name separately, similarly to how the GL accounts work - this will eliminate the need for mapping.
- Ability to auto sync org structure info from outside GL software.
December 16, 2016
Adaptive Suite Review
Our instance of Adaptive was implemented around 18 months ago at the company I work at, and it was intended to streamline the forecast process and enhance our internal reporting capabilities. All of this was key for the growth which we were in the early stages of at the time. We relocated from San Diego and hired a new workforce in Dallas, plus we were actively adding companies to the portfolio. When we began looking for a reporting tool we met with several industry leaders including Adaptive, Oracle, IBM, Host etc. and we had a set of criteria for which we needed to make sure the choice would suffice the demands we would have for the product. Needless to say we picked Adaptive, but more importantly is to say that 2 years later we are all pleased with the decision. We just finished our second fiscal budget using Adaptive and our instance has evolved tremendously since the prior fiscal planning cycle. We are a private company owned by a private equity firm so we have large reporting requirements each month so the various reporting options, including Office Connect, ensures that we have the capability to churn out the reporting each month without a large effort by our analysts. We are gradually expanding the users beyond finance and accounting and the result has been good so far. We are beginning to develop various planning sheets that feed the income statement that have sound logic built into them, and the result is much higher forecast precision. In short, the problem 2 years ago was that we were unable to spend anytime understanding the business, with the biggest reason being time or the lack there of. Now we are streamlined with key reporting packages developed in Office Connect and the time to produce the package is a matter of minutes for one person, instead of weeks of work for multiple analysts. Now we are getting to the point where we understand the business implicitly and we are able to enhance our role in supporting the business and really turning our efforts to helping the organization make better financial decisions and plan for the future with more confidence. The results and the perception of Adaptive at my company are both great at this point. We're still growing and evolving just like our instance of Adaptive. We are pleased with product and feel confident that the product will be sufficient as we continue our growth.
- 1 - Click reporting. Either Matrix reporting or Office connect are the choices and both are great. Just having the ability to roll dates forward and run reporting packages on a monthly basis alone is something most analyst dream of, Adaptive is for real.
- Multiple connectors. We not only have our Oracle connect pulling trial balance data on demand but we also have ADP, and Transaction connectors in place. Having all of these connectors in place save untold amounts of time and allows you to develope some really strong processes to make monthly close and planning a breeze.
- Attributes and Dimensions: tagging your data will make life easier but too many will make it tough. Be smart but most certainly use them, it's an important component of analysis but segmenting the business in ways that make analysis more simple is at your finger tips. You just have to develop a plan of action and put it into place.
- Model Sheets are complicated.
- Some parts of the suite are not very intuitive, like formulas. It takes work.
- It would be nice to have 2 Actuals versions. Just a thought.
December 01, 2016
Adaptive Suite Review
Score 10 out of 10
Vetted Review
Verified User
Adaptive is being used by multiple departments within the organization. It is being used for budgeting, forecasting, and providing our operations teams more insight into the results of our business. By using Adaptive, we have been able to greatly reduce discrepancies in communication of results as well as expectations.
- Tying into our existing GL software
- Ability to work from any device
- Faster report generation
- Reporting needs work
- Better support for custom formulas
- More videos and documentation
November 17, 2016
Ever forward with Adaptive Suite
Initially we used Adaptive Insights as our dynamic forecasting tool. Since phase one, we have now added dashboards through discovery and reporting. It has saved time on long-term projects, and made scenario analysis effortless. Initially, the Adaptive implementation was a challenge due to the complexity of our organizational structure, but once those initial problems were solved it has been easy to maintain.
- Multiple Dimensions
- Dynamic Change
- Scenario Analysis
- The new Java free applets aren't as easy to use as their predecessors, formula builder being one of them.
November 08, 2016
Adaptive really lives up to it's name
I have previous experience using Hyperion, PeopleSoft, and Microsoft Excel to model financials. As flexible as regular spreadsheets are, it was always hard to get everybody on the same page. It was always a battle to get everyone referencing the same numbers and using the same version. Adaptive takes care of that. This tool has saved hours upon hours every month, as well improved accuracy and timeliness of reports.
- Modeling and forecasting
- Reporting results
- Automation
- Customer support--takes a while to resolve the more complex issues
September 29, 2016
Adaptive Review
Score 10 out of 10
Vetted Review
Verified User
We use it in our Planning and Budget office and recently trained our VPs and Deans as well. It helps us serve our campus better because we have more information at our fingertips.
- Great reporting capabilities.
- Very user friendly.
- You can access anywhere!
- Customizing options when exporting reports as PDF or Excel
August 15, 2016
Great Product
Adaptive Planning is used for budgeting for all three entities within the ElectriCities world.
- The drag and drop report builder is very user friendly and flexible.
- The ability to add Office Connect and use Microsoft Office products as an extension of Adaptive in order to build professional reports in real time is great!
- The implementation was extremely smooth.
- Adaptive is currently testing an Excel interface for their sheets. Looking forward to having this as a tool.
June 08, 2016
Adaptive Insights user review
Score 10 out of 10
Vetted Review
Verified User
SolomonEdwards Enterprise Performance Management consulting solutions help clients select and implement cloud based finance solutions that are economical, easy to use and rapidly deployable. Adaptive Insights is used by over 20 clients across multiple industries and sizes. The primary business problem addressed is to allow collaboration of many departments in the budgeting process.
- Great User Interface .....Easy for non-accounting people to use.
- Reporting - The reporting is primarily drag and drop with various attributes to allow for multiple views of data with the same template.
- Analysis - The addition of Adaptive Discovery add to the abiliity to analyze financial and operational data.
- Integration - Adaptive Planning integration includes GL balances, transaction detail and non GL sources such as Salesforce and Payroll data
- The consolidation module works well but will need to handle more complexity at the enterprise level.
- The process and workflow modules continue to develop.
- The integration modules continue to add more operations source data.
May 23, 2016
Adaptive Insights
Score 10 out of 10
Vetted Review
Verified User
We were tasked to automate our budget and planning process. A cross functional group decided on Adaptive and we use it for our budget forecasting and reporting throughout our company. Adaptive has exceeded our expectations and continues to meet our requirements.
- Ease of implementation
- Ease of use
- Easily maintained
- Cutting edge
- Improves accuracy and timeliness of the planning process
- We are happy with our selection
We are currently about 2 months into the implementation of Adaptive within our company. The implementation is not yet fully complete, but we can already see the value that we will be getting from this software. Our user base will initially be the department heads of each business unit. We are a growing company, and the growth was making our Excel-based models more and more difficult to maintain and update. Adaptive solves that problem by creating a cloud-based scalable option. It increases collaboration by allowing the users to login and input their own data. It has helped our company integrate numerous data sources under one roof- allowing us to integrate and use the data in smarter ways. Adaptive has a small learning curve, but it is very user friendly and simple to make changes and understand how it works.
- Data Integration- Adaptive integrates data from numerous sources extremely well.
- Ease of Use- the user interface is simple to use and easy to understand and intuit.
- Scalability - Adaptive is easy to set up to scale for growth.
- Learning curve- although the user interface is simple and easy to use, there is still a small learning curve for tips and tricks for using Adaptive. This is the only small downside - as it is easy to get up to speed.
- Sheet functionality- Adaptive is a great and powerful product; however, there are a few small things that feel slightly unfinished with the ways that sheets work.
- Report customization - There is a built-in report builder that is very basic. The customizations available in the report builder are limited. I know that Adaptive plans on releasing a revamped report builder later this year, so this might fix this issue. The other work-around is to use their Office Connect product to bring data into Excel and create final reports in Excel.
April 29, 2016
Easy to adapt to Adaptive.
Score 9 out of 10
Vetted Review
Verified User
We use Adaptive to report our financial results each month. It is primarily used by finance but each department has at least one user who can access the results for their respective teams. We are now able to report on our financial results much quicker because of our use of Adaptive Insights. It also enables the business to track and manage their own expenses.
- Adaptive is very easy to use for all types of users. This enables wide spread adoption.
- With the use of OfficeConnect, Adaptive allows for a much quicker close reporting. We are able to provide very detailed reports within 24 hours of accounting close.
- Adaptive makes researching and managing spend much easier. The business is easily able to access their spend transactions on their own without having to disrupt the finance or accounting teams.
- I wish it were easy to create dashboards within the tool.
Enterprise Performance Management
We use Adaptive to drive planning, budgeting, forecasting and financial reporting for ABM Systems.
We also use it to enable our clients to drive better corporate performance. Our clients range from SME to large enterprise.across commerce, industry and government.
Adaptive helps us develop better business plans integrating with our ERP, CRM and other systems from revenue and cost of sales forecasting to remuneration plans and expense budgeting.
Adaptive allows us to build plans collaboratively, consolidating plans and actuals in real time, and to generate better quality reports, more efficiently.
We use Adaptive to drive planning, budgeting, forecasting and financial reporting for ABM Systems.
We also use it to enable our clients to drive better corporate performance. Our clients range from SME to large enterprise.across commerce, industry and government.
Adaptive helps us develop better business plans integrating with our ERP, CRM and other systems from revenue and cost of sales forecasting to remuneration plans and expense budgeting.
Adaptive allows us to build plans collaboratively, consolidating plans and actuals in real time, and to generate better quality reports, more efficiently.
- Adaptive is methodology agnostic. As strategic imperatives change from growth to operational efficiency users can change their planning approach from driver based, top down planning to bottom up, zero based or just build on prior periods with rolling forecasts and more.
- Adaptive is collaborative and enterprise class. Enterprises can engage all users to work together in real time to build more effective plans where ones outputs are drivers to others. Yet all have visibility over where the numbers originate with drill through and drill to transaction for explaining when plans are not achieved. And all can see who changed what, when with an audit trail.
- Adaptive reporting is fabulous.The quality of Adaptive reports is fantastic. Adaptive Reporting empowers users to streamline board quality report pack production and other reporting needs. Users can self serve for reporting. Users can annotate reports. Reporting integrates with MS Office, PDF and other applications.
- Adaptive Discovery dashboards are nice but they are not a Business Intelligence solution.The dashboards provide users with very attractive dashboards and charts but they only enable cube based hierarchical drill. They do not enable robust, sophisticated, multi-dimensional analytics the way modern BI tools do.
- Budget Adjustments - Adaptive Consolidation provides great functionality for entering journals. It would be nice to have this sort of capability available for processing budget adjustments especially for the public sector.
- Email Alerts - Whilst some email alerts are enabled it would be nice if more types were added like out of tolerance alerts
April 20, 2016
Great Data with Discovery
We currently use Adaptive Discovery to track and analyze financial data (actuals vs. budget) each month.
- The ability to create/customize dashboards.
- The ability to manipulate dials.
- The ability to customize reports to view/compare data.
- There was a big learning curve for me at the beginning, and I feel I am pretty tech savvy. Making navigation easier/more intuitive would be helpful.
March 21, 2016
Transition to Adaptive, you won't regret it!
Adaptive is being utilized in our finance organization. Business owners utilize the tool to review actual versus budget results as well. Adaptive has allowed us to transition from Excel based reporting, to robust "drag and drop" features that is user friendly for all users. You will not regret transitioning to Adaptive!
- User friendly reporting.
- Able to slice and dice data with Adaptive features, such as Dimensions.
- Company releases new features frequently.
March 18, 2016
Versatile and Customizable FP&A Solution
Adaptive Suite is being used by all of our departments across our whole organization. We are a global company, and the ability to customize and use the product anywhere and with great collaboration tools allows us to achieve our budgeting needs electronically to replace our Excel processes. Overall the department head users and the finance group love the product.
- Customization - ability to budget based on various drivers and to report on those.
- Reporting - the report writer within Adaptive Suite is very powerful and allows you to create and adapt the reports to everyone's analytical needs,
- Support - both the implementation teams and support are great with Adaptive Suite.
- Learning Curve - there is a steep learning curve, at least for the administrators of the system. Learning how it works and how to create and customize accounts/models/etc takes some time and dedication, but is worth it.
March 08, 2016
I will seek out companies using and/or considering Adaptive whenever I make my next career move!
Score 9 out of 10
Vetted Review
Verified User
We are using Adaptive for our annual planning process and interim forecast updates. We have also started using Adaptive for ad hoc reporting and will be transitioning our monthly and quarterly reporting decks to Adaptive over the next couple of months. Currently, only our FP&A department utilizes Adaptive, but we plan to expand to the Accounting department, at a minimum over the next 3 - 6 months.
- The product is very intuitive
- We were able to customize our instance/installation to meet our specific needs
- Customer support is very responsive
- Product enhancements are happening regularly (e.g. the addition of level attributes to Office Connect)
- Lacks the ability to have multiple organization structures (this would be helpful for reporting in multiple years, when a re-org happens, etc)
- For our company, the licensing cost is somewhat prohibitive to roll out to all our locations managers (e.g. 200 additional users)
- I would like to see drag-and-drop capabilities in lists (e.g. org structure, dimensions, level attributes), instead of clicking an up/down arrow
February 29, 2016
Perfect for moving off Excel and into big-boy budgeting
We are using the Adaptive Suite as a budgeting tool for all the departments within our organization. We had been using Excel which worked back when we were a small company, but as we grew, we realized Excel could not scale with us. The Adaptive Suite gave access to the budget owners wherever they were located and created an audited single source of truth.
- Accessibility. The tool is accessible to all of our budget owners around the world because it is on the cloud.
- Easy enough to use. Once we built out the infrastructure, the users had no problems going in and putting in their budgets.
- Version! I love being able to make as many versions of the budget as I need with a push of the button.
- Currencies. I have departments that have individuals from different parts of the world that budget their part or at least their compensation in a different currency. I had to create separate departments for those individuals because you could have multiple currencies in the same department.
- At the end of the day I need to produce an income statement the way board members look at financials. Meaning grouping things into Sales and Marketing, R&D, and G&A. It should be easier for existing functionality to have an IS template that builds out that way without having to go and custom create it and then maintain that custom report with every change.
- There are some complexities in the implementation that are probably unavoidable while building the infrastructure. A good implementation team helps you get through it though. Problem is however, in the future, if you make any significant changes you may be purchasing additional hours.
December 23, 2015
Working with Adaptive Insights is a breeze
Score 7 out of 10
Vetted Review
Verified User
Adaptive Insights is being used by my company as a budgeting tool to consolidate budgets from 100+ BUs that was not possible within Excel. It is being used by the whole company.
- Consolidate departmental budgets in a matter of seconds.
- Maintain version control.
- Control user access to different BUs and budgeting sheets.
- My biggest pet peeve is that formula setup is a challenge. It would be ideal if formulas can be uploaded to the system rather than manually set up for all 100s accounts.
December 23, 2015
Adaptive Insights Works!
Score 10 out of 10
Vetted Review
Verified User
I've recommended and implemented Adaptive Insights for over 20 clients since 2006 to address their need of a comprehensive performance management solution or are upgrading from Excel to address planning, consolidation and reporting needs. Adaptive's solution flexibility, comprehensiveness and commitment to service excellence are just a few of the reasons I'm very happy with the product.
- Flexibility - can address many different types of business problems. Haven't found a business model that can't be replicated or improved using Adaptive.
- Comprehensiveness - includes off the shelf functionality to handle varying requirements but also has integrated solutions for BI, consolidations, reporting and data integration as well.
- Support - Very helpful service including orientation, training and technical support.
- Cost - Lower operating cost than most Enterprise class applications with lower cost of ownership.
- Creating metadata (accounts, departments) framework for the CPM could be made easier with an up-to-date UI/UX.
- List structures to address very large data sets as shown in a modeled sheet could be enhanced.
- More flexibility to display varying time periods on screen as well as multiple versions on the same screen.
December 21, 2015
Adaptive Insights - My thoughts after a year of use.
Here at HireVue we use the Adaptive Suite to address our forecasting and budgeting needs.
- I believe that Adaptive's OfficeConnect tool is a leap forward. I can pull data and create reports right in Excel rather than using the web and exporting.
- With Adaptive I have been able to move the once-per-year budget process to a monthly forecast process. I would have been unable to accomplish this with Adaptive's planning tool.
- The ease of the system and fairly straight-forward UI has enable quick ramping of new users. Making adoption and use of the system more widely utilized and accepted.
- OfficeConnect is a great tool providing an easy way to access the system data. However, it is a pull-only tool. I would love a connection to push and pull data, like Hyperion Planning has.
- One concern I have is system upgrade and maintenance. I feel like I have to use the Adaptive Consultant a little too often to accomplish upgrades or large changes to the model or system. There is enough similarity to Excel and/or VBA coding that an power Excel user can accomplish most things but there are a few things that I feel I am forced to use a consultant for to get right. However, that may be my lack of knowledge or unwillingness to try and learn everything.
November 24, 2015
Adaptive Insights implementation
Adaptive Suite is being used across the company by approximately 80 budget owners. It allows our company to make real time changes to our budget so that all budget managers can see the impact.
- Real time changes.
- No need to distribute countless Excel budget templates to budget owners.
- All budget owners are able to view supporting information to their budget values.
- I still find Discovery hard to understand.
- We have learned a lot about saving reports to our personal folders but a few got lost along the way.
November 19, 2015
We're all in with Adaptive!
This year we have rolled out Adaptive Suite to 80+ users at Clarke. It's used by the Finance, Sales, Operations and the Executive Team for planning and reporting. We've just about abandoned Excel and gone all in with Adaptive in our budget process which is helping us reduce non-value added time. Managers are seeing real-time data sooner, and we're able to do a lot more analysis with our data than we ever have before. Adaptive Suite is giving more visibility to the organization to see how all the components impact each other.
- Adaptive Suite does a great job of consolidating infomation.
- Adaptive Reporting is an excellent tool to get real time results to users.
- Navigation is easy and very intuitive. This made the training of 80 users pretty easy.
- I would like to see a little more customization in the Adaptive reporting tool.
- Java is a little troublesome, but it's on the docket to remove from the software.
November 12, 2015
Great forecasting & budgeting tool
Score 10 out of 10
Vetted Review
Verified User
We were one of the early adopters of Adaptive and have used this for budgeting, forecasting, "what-if" scenarios, business changes, etc. It has been a staple of the business and improved our budgeting and forecasting. It has allowed us to review our business model and test out the possible impacts of changes to our organization or business model. As an organization we are very positive regarding Adaptive and have demonstrated it to a number of companies that added this to their organizations.
- Budgeting because of it's flexibility
- Forecasting in different areas of the business because it allows input from our operating personnel
- "What if" scenarios that allow us to look at the impact of making changes within the organization
- It imports the data to Excel but it would be nice if it was a bit more flexible in converting it's formulas to Excel formulas
Score 10 out of 10
Vetted Review
Verified User
Adaptive Insights has been the backbone of our organizations transition into quarterly rolling forecasts. It is also the source for BOD and executive presentations. It is a great intuitive software package that allows for scalable business process. I started with less than 5 active users and two years later we now have 70+ users imputing budgets and taking responsibilities for their forecasts. No longer do I hear "those are finance's numbers" because I don't put any data into the system. It is amazing and I highly recommend it. I have used SAP and Hyperion and they can't touch the flexibility of Adaptive.
- Integration into our other software
- Flexibility in budgeting (similar to Excel)
- Ability to give specific permissions.
- Out of the box formatting reports
- Linking sheets within the application to automate manual processes
October 13, 2015
Adaptive Insights offers incredible ROI
Adaptive is being used by our organization primarily as a planning and forecasting tool. Prior to an acquisition we were using the Consolidation functionality as well and we still use it to compare budgets to actuals and to look at spending trends. We do an Annual Operating Plan, quarterly forecasts, and monthly forecast updates, all in Adaptive. We are also using Office Connect for monthly and budget reporting.
- Adaptive is extremely user friendly. We implemented the first phase in just six weeks and rolled it out to budget managers with a one hour webinar. People took to it immediately and needed very little support from finance to complete their budgets.
- Adaptive is very flexible. My company was recently acquired, so there have been a huge number of changes in the ways we look at our financials under the guidance of the new company. Adaptive has eased the transition considerably because we were able to adjust the reporting and rollups very quickly, while still maintaining the detailed assumptions underlying the plan.
- One of my favorite things about Adaptive is that finance can maintain it ourselves. The logic of the system is very intuitive, and with the cloud-based architecture, we don't need IT support to make changes to the functionality of the system.
- Our forecasting and budgeting has become far more accurate with this system. There are less errors, as all of the data is housed in one place, and we don't have the version control issues we did with Excel.
- For the most part, when there have been updates to Adaptive, we haven't had issues. But there were a few bugs in the last updates that required work-around solutions. I know this is normal with software, but I got spoiled with Adaptive not having problems before.
- Some of the back end logic, while generally easy to use and figure out, can be cumbersome to update. There are a lot of manual tweaks that have to happen - I wish that some of the items could be updated with load files.
- We have a working model that is serving us well, but I wish Adaptive had better training to help us take the system to the next level.