Reviews (1-25 of 61)
There has been a much greater focus on what drives the company profitability, and what it takes to improve those drivers. By focusing on those drivers, our executives and directors can take action that directly affect the bottom line, as opposed to simply "trying to cut costs" in a general sense.
With Adaptive, we report on these same drivers that, not only make them more visible, but greater effort is made to improve their accuracy and to understand how they impact the business.
All of this leads to more meaningful financial statements, reports, dashboards, and budgets. With Adaptive's distribution, this information can be disseminated very quickly.
We use the Reports module in Adaptive Planning every week, if not every day. It's helpful to quickly refresh reports and allows others at our company to run self-service reports. This has been invaluable since it frees up FP&A so we can perform more analysis.
The OfficeConnect for Excel Add-On has also been very helpful in providing quick on-the-fly reporting to others within the company. We have limited licenses for this since it is not as intuitive for a first-time user.
- Variance analyses are now available at the click of a button and do not have to be manually prepared in Excel = time saving for improved insight and analysis.
- Our board reports are now more useful to the KDMs of our business as they can be prepared with better data visualisation and faster. This enables us to spend more time on the "explaining" and "advising".
Another feature we've been able to incorporate is actual P&L by business unit with a moving balance. Our accounting system didn't allow us to incorporate a non-financial number (beginning unit balance) into the accounting system. We could use it in a report, which ended up being a bit clunky. With Adaptive, we imported the beginning balance and now it calculates the P&L in every report. No more questioning the validity of the numbers. Everyone can see all the inputs and outputs and its impact on the bottom line.
The data quality and accuracy has been improved as part of the report because we are not entering data manually into spreadsheets for reporting. Data is linked to Adaptive Insights which also makes much faster to prepare the financial reports for the organization.
Dashboards are just starting to be used but the possibilities are really exciting.
Adaptive Insights, a Workday company Scorecard Summary
Feature Scorecard Summary
About Adaptive Insights, a Workday company
More than 3,800 organizations across 50-plus countries use Adaptive Insights. The vendor says the product is easy, powerful and fast, and enables "active planning". Recognized for the solution's ease of use, Adaptive Insights ranks #1 in customer satisfaction in independent industry surveys from leading market analysts such as Gartner, Forrester, and BPM Partners.
According to the vendor, Adaptive Insights helps mid-size & enterprise organizations’ leaders better manage their business:
- Adaptive Insights enables organizations to break free from static planning, to active planning
- Active planning is collaborative, comprehensive, and continuous
- Active planning requires a solution that’s easy, powerful, and fast
- Automated Budgeting and Forecasting to increase productivity
- Self-Service Financial Reporting allowing users to create, share and personalize reports
- Seamless Integration with Salesforce.com, NetSuite, Intacct, & MS Dynamics
Adaptive Insights, a Workday company Screenshots
Adaptive Insights, a Workday company Video
Adaptive Insights, a Workday company Integrations
Adaptive Insights, a Workday company Competitors
Adaptive Insights, a Workday company Customer Size Distribution
|Small Businesses (1-50 employees)||0%|
|Mid-Size Companies (51-500 employees)||60%|
|Enterprises (> 500 employees)||40%|
Adaptive Insights, a Workday company Support Options
|Free Version||Paid Version|
|Video Tutorials / Webinar|
Adaptive Insights, a Workday company Technical Details
|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|