Adaptive Insights, a Workday company Reviews

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Score 8.6 out of 101

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Reviews (1-25 of 154)

Chris Snelling, CFA profile photo
Score 10 out of 10
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Likelihood to Recommend

Overall, I would rate Adaptive Insights as a 9. The reason it isn't higher is because I believe there is still some room to improve on the interface and usability of their product. If you are looking for a strong budgeting, planning and reporting capability but don't have a large budget, Adaptive is a great bang for the buck. I would give it a 10 in this category.
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Timothy Bradshaw profile photo
Score 9 out of 10
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Likelihood to Recommend

It is well suited for assembling budgets all in one place. It can also be used well to have all the department heads or budget owners in your company login and input what they need to. That helps roll everything up so we can see how the budget it coming in. It also allows for good reporting.
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Ben Balch profile photo
Score 10 out of 10
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Likelihood to Recommend

Adaptive Insights is very good for:
- Annual Planning.
- Forecasting.
- Scenario Planning.

The user interface is essentially a spreadsheet in the cloud, so there is not much of a learning curve to get business users started. While it feels like a spreadsheet, it's much more powerful, as it provides a real-time consolidated roll-up and built-in audit trail.
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Alex Humble profile photo
Score 9 out of 10
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Likelihood to Recommend

I think Adaptive is well suited in a lot of different scenarios. As a SaaS company, Adaptive has served us extremely well. Granted, it is a lot easier to keep our instance clean when we only have one product being sold. However, I have been to user groups and listened to companies in a wide array of industries and their finance leaders are very satisfied with Adaptive. It doesn't matter if you have a very complex organization or a simple structure, Adaptive can save you a lot of time!
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No photo available
Score 10 out of 10
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Likelihood to Recommend

I had a large file made from Excel which required multiple formula's of data just to get a certain KPI structure. Adaptive Office Connect helped to get this same data into Excel quickly without a large amount of formulas. This helped cut down a report that took anywhere from 8 to 12 hours to update, to a simple half hour refresh.
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No photo available
Score 10 out of 10
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Likelihood to Recommend

Adaptive is great for lining up multiple version (variance analysis) and a nice mix of structure and flexibility. We still maintain some more complex models outside of the system in Excel and application scripts like cohort models.
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No photo available
Score 10 out of 10
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Likelihood to Recommend

Well suited for dynamic reporting. Less suited for drill down functions as that is dependent on the agency's own model and implementation of AI.
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November 16, 2018

Time Saving

Score 10 out of 10
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Likelihood to Recommend

It takes away the need for so many Excel spreadsheets - from the manual preparation and edits, all the way through reporting.
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No photo available
Score 10 out of 10
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Likelihood to Recommend

Anyplace where Excel is used as a primary budgeting tool, and there are multiple inputs/locations to that process, Adaptive will be able to make the process smoother. This is particularly the case when the units are spread out, and not on the same internal network. We have saved a ridiculous amount of time by using Adaptive.
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Mark McConkie profile photo
Score 9 out of 10
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Likelihood to Recommend

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).
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Brian Kyslinger profile photo
October 22, 2018

Adaptive Insights

Score 10 out of 10
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Likelihood to Recommend

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.
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Gary Grzesiak profile photo
Score 9 out of 10
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Likelihood to Recommend

Adaptive is great if you want to create many what- if scenarios when budgeting and forecasting. Staffing scenarios has been particularly helpful for our HR department when analyze staff needs for future years and analyzing open and unfilled positions over a certain time frame.

Every so often Adaptive's response time when in the system has been slow but Adaptive has rolled out the Elastic Hypercube to take care of that issue.
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Denise Lewis profile photo
Score 10 out of 10
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Likelihood to Recommend

We are a medium-sized holding company, and Adaptive Insights has worked tremendously well for us! We do not currently use it to consolidate our business units, but we plan on exploring that soon. If you find yourself spending numerous hours creating financial statements and budgeting in Excel, then Adaptive Insights may be for you! It saves us an exponential amount of time in variance analysis, refreshing financial statements, and budgeting.
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Jessalyn Ka profile photo
Score 8 out of 10
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Likelihood to Recommend

Adaptive Insights is well suited for many business sizes, including small companies to companies with billions of dollars in revenue. Its flexibility with customization and the various options is very attractive.
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Jonny Linehan profile photo
November 09, 2018

Adopt Adaptive

Score 10 out of 10
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Likelihood to Recommend

Adaptive is well suited for individuals and business partners who are familiar with basic financial practices. Here at Workfront, we are trying to limit the amount of Adaptive users because we are working in Adaptive every single day and some budget owners aren't going in there frequently and when they do their information they look at doesn't match our information because they might forget to change the particular version they are using. This is where OfficeConnect is very useful because we can send a slide deck out each month with updated numbers for our budget owners and it is easy, stress-free, and accurate.
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Justin Ballesteros profile photo
Score 10 out of 10
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Likelihood to Recommend

I believe Adaptive Insights can be instrumental for any business looking to streamline their operations strategy with finance. Adaptive is an excellent system to implement if a company is looking to invest in the business and looking for a product to help plan and track the results. It's well suited for providing department results vs what if scenarios,able to handle complex modeled calculations, and equip Finance to partner with key stakeholders in the business in real-time. Their product is much less reliant on IT as traditional reporting systems since Finance will typically troubleshoot issues.
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Steve Paul, CPA profile photo
September 20, 2018

The efficiency of Adaptive

Score 9 out of 10
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Likelihood to Recommend

Adaptive Insights allows us to consolidate our reporting in a simple and efficient manner. The system is very user-friendly and a person with just an accounting background and no previous IT background can maintain the system with ease. Adaptive appeals to companies of all sizes as there are many tools each company can take advantage of.
Read Steve Paul, CPA's full review

Feature Scorecard Summary

Pixel Perfect reports (1)
9
Customizable dashboards (1)
10
Report Formatting Templates (1)
9
Drill-down analysis (1)
9
Formatting capabilities (1)
7
Integration with R or other statistical packages (1)
8
Report sharing and collaboration (1)
8
Publish to PDF (1)
8
Report Versioning (1)
8
Report Delivery Scheduling (1)
8
Pre-built visualization formats (heatmaps, scatter plots etc.) (1)
7
Location Analytics / Geographic Visualization (1)
8
Predictive Analytics (1)
8
Multi-User Support (named login) (1)
9
Role-Based Security Model (1)
9
Multiple Access Permission Levels (Create, Read, Delete) (1)
9
Responsive Design for Web Access (1)
8
Dedicated iOS Application (1)
8
Dedicated Android Application (1)
8
Dashboard / Report / Visualization Interactivity on Mobile (1)
10
Long-term financial planning (116)
8.3
Financial budgeting (124)
8.7
Forecasting (120)
8.9
Scenario modeling (115)
6.7
Management reporting (123)
8.4
Financial data consolidation (71)
8.0
Journal entries and reports (43)
5.9
Multi-currency management (51)
7.2
Intercompany Eliminations (37)
7.6
Minority Ownership (17)
7.2
Local and consolidated reporting (61)
8.1
Detailed Audit Trails (78)
8.5
Financial Statement Reporting (100)
8.8
Management Reporting (111)
8.5
Excel-based Reporting (111)
6.9
Automated board and financial reporting (98)
7.5
XBRL support for regulatory filing (12)
6.4
Personalized dashboards (75)
7.5
Color-coded scorecards (62)
6.4
KPIs (72)
7.2
Cost and profitability analysis (78)
8.2
Key Performance Indicator setting (64)
8.1
Benchmarking with external data (45)
5.8
Flat file integration (80)
7.9
Excel data integration (102)
8.1
Direct links to 3rd-party data sources (75)
8.1

About Adaptive Insights, a Workday company

Adaptive Insights, a Workday company, aims to power a new generation of business planning, and drive business agility in a fast-moving world. The Adaptive Insights Business Planning Cloud offers powerful modeling for organizations of any size, and helps people in companies to collaborate, gain insights, and make smarter decisions faster.

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
Capabilities include:
  • 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 Features

Budgeting, Planning, and Forecasting Features
Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting
Consolidation and Close Features
Has featureFinancial data consolidation
Has featureJournal entries and reports
Has featureMulti-currency management
Has featureIntercompany Eliminations
Has featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails
FInancial Reporting and Compliance Features
Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Has featureAutomated board and financial reporting
Has featureXBRL support for regulatory filing
Analytics Features
Has featurePersonalized dashboards
Has featureColor-coded scorecards
Has featureKPIs
Has featureCost and profitability analysis
Has featureKey Performance Indicator setting
Has featureBenchmarking with external data
Integration Features
Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources
BI Standard Reporting Features
Does not have featurePixel Perfect reports
Does not have featureCustomizable dashboards
Does not have featureReport Formatting Templates
Ad-hoc Reporting Features
Does not have featureDrill-down analysis
Does not have featureFormatting capabilities
Does not have featurePredictive modeling
Does not have featureIntegration with R or other statistical packages
Does not have featureReport sharing and collaboration
Report Output and Scheduling Features
Does not have featurePublish to Web
Does not have featurePublish to PDF
Does not have featureReport Versioning
Does not have featureReport Delivery Scheduling
Data Discovery and Visualization Features
Does not have featurePre-built visualization formats (heatmaps, scatter plots etc.)
Does not have featureLocation Analytics / Geographic Visualization
Does not have featurePredictive Analytics
Does not have featureSupport for Machine Learning models
Does not have featurePattern Recognition and Data Mining
Does not have featureIntegration with R or other statistical packages
Access Control and Security Features
Does not have featureMulti-User Support (named login)
Does not have featureRole-Based Security Model
Does not have featureMultiple Access Permission Levels (Create, Read, Delete)
Does not have featureReport-Level Access Control
Does not have featureTable-Level Access Control (BI-layer)
Does not have featureField-Level Access Control (BI-layer)
Does not have featureSingle Sign-On (SSO)
Mobile Capabilities Features
Does not have featureResponsive Design for Web Access
Does not have featureDedicated iOS Application
Does not have featureDedicated Android Application
Does not have featureDashboard / Report / Visualization Interactivity on Mobile

Adaptive Insights, a Workday company Screenshots

Adaptive Insights, a Workday company Video

Don’t settle for static plans. Get active planning with Adaptive Insights – your source for business budgeting software that is easy, powerful, and fast.

Adaptive Insights, a Workday company Integrations

Adaptive Insights, a Workday company Competitors

Vena Solutions, Host Analytics Cloud EPM Suite, Longview, Prophix, IBM Cognos, Anaplan, CCH Tagetik, Tidemark, BusinessObjects SRC (Discontinued), Oracle Hyperion, SAP

Pricing

Has featureFree Trial Available?Yes
Does not have featureFree or Freemium Version Available?No
Has featurePremium Consulting/Integration Services Available?Yes
Entry-level set up fee?Optional

Adaptive Insights, a Workday company Customer Size Distribution

Consumers
0%
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 VersionPaid Version
Phone
Email
Forum/Community
FAQ/Knowledgebase
Video Tutorials / Webinar

Adaptive Insights, a Workday company Technical Details

Deployment Types:SaaS
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