Adaptive Insights, a Workday company Reviews

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Score 8.6 out of 101

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Reviews (1-25 of 151)

Chris Snelling, CFA profile photo
Score 10 out of 10
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Use Cases and Deployment Scope

Our company uses the Adaptive Planning module. Although some of our sales managers and human resources are occasional users, it is mainly used by our Financial Planning and Analysis department. Our financials are in SAP and our company does not have an adequate reporting tool to get useful information from SAP. We use Adaptive to download and populate our profit and cost center structure into Adaptive Planning. We also build our annual budget and forecasts using Adaptive Planning. Perhaps the most used function is the reporting, where we compare actual performance to budget across hundreds of cost centers each month. Using the product we are able to streamline our reporting process and do the work of an army of analysts with just two people.
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Brad MacDonald profile photo
Score 10 out of 10
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Use Cases and Deployment Scope

As a growing company, we needed to shift from Excel-based budgeting/reporting models to a much more capable (and sophisticated) model. We selected Adaptive based on the tool's capabilities, the fact that it's cloud-based (SaaS), and easily scalable. We deployed Adaptive for all budget owners within 3 months of making our decision.

Using Adaptive, our budget owners and executives now have a much better (and faster) view of our financials, as well as allowing the finance team to spend time on analysis/insight.
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No photo available
Score 8 out of 10
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Use Cases and Deployment Scope

Adaptive Insights is being used primarily by the Finance teams—it is not being used across the full company. It's leveraged for forecasting, budgeting, reporting, data visualization, and ad-hoc analysis. It is not being leveraged for Accounting.
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No photo available
Score 10 out of 10
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Use Cases and Deployment Scope

Currently, only our finance department, which consists of a VP, director, manager, and three financial analysts, is using Adaptive Insights. Each individual owns a certain portion of our model, usually aligned with the business they support. We have built our complete business model in Adaptive Insights so that we can forecast our financial statements, as well as forecasting and tracking key process indicators and business metrics.
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Timothy Bradshaw profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

Adaptive Insights is used by Finance to assemble all company budgets into one place. Currently, finance is the only one that logs in. It helps us complete the budgeting process, have one source of truth, and report final numbers to the board and executives. It allows for immediate backup, being in the cloud, and you can log in from anywhere.
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Ben Balch profile photo
Score 10 out of 10
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Use Cases and Deployment Scope

We have been using Adaptive Insights for five years. We started using it for annual expense planning and have expanded to forecasting, scenario planning, and what-if analysis. Adaptive Insights is used by the entire organization. Business managers and finance use the software for budgeting, reporting, forecasting, and scenario planning.
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Alex Humble profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

Currently, Adaptive is used by our entire finance department. In the past, we did all of our budgeting and forecasting in excel. Adaptive has removed the headaches we used to experience and seamlessly brought everything together in a way that facilitates cooperation and communication. The dynamic nature of adaptive makes it a very collaborative experience and it does a wonderful job at satisfying all of our forecasting, budgeting, and reporting needs. Furthermore, Adaptive integrates very well with Domo enabling us to create beautiful visualizations across versions that make storytelling to executives a true delight from the finance end.
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No photo available
Score 10 out of 10
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Use Cases and Deployment Scope

Adaptive Insights is the core of our financial analysis software. We use this exclusively to consolidate our data from multiple branches across multiple regions throughout the country. Adaptive's suite of software has provided us with the ability to streamline our reporting processes along with maintaining a multitude of historic data across all of our organization. We do this across multiple product lines and departments.
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No photo available
Score 10 out of 10
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Use Cases and Deployment Scope

Adaptive is being used in the Finance department. We run our forecasts and budgets through Adaptive. We really like the different aspects for the program. One attribute that we use a lot is the ability to have different versions. We change things about our forecast in different versions to run scenario analysis.
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No photo available
Score 10 out of 10
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Use Cases and Deployment Scope

Used across the whole organization to reduce static planning.
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November 16, 2018

Time Saving

Score 10 out of 10
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Use Cases and Deployment Scope

Adaptive was purchased to improve our current budget processes and make it more efficient. The software is being used by the Finance Department and key bBusiness users across the organization.

Prior to Adaptive, the organization used complex Excel spreadsheets for over 90 departments. Adaptive has taken these complex spreadsheets and incorporated them into the set up and incorporates all of the standards and assumptions, so that the end user only has to input their information one time and everything flows through to the correct budget sheets for analysis.
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No photo available
Score 10 out of 10
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Use Cases and Deployment Scope

We have multiple units that need to be budgeted on an annual basis. Each of these entities is responsible for their own budgets using some assumptions driven by corporate. At the end of the process, it all has to be pulled together. Previously, using Excel, this was at least a full day process, with similar turnaround times every time something was changed at the base level. Now that process takes minutes.
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No photo available
Score 7 out of 10
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Use Cases and Deployment Scope

We use Adaptive Insights to consolidate our financial systems. It's being used for consolidation and management reporting purposes. It's very intuitive and easy to use. It improved our process by two times. Our monthly close process is much faster than it was before. Adaptive is a great database to have all the company's information to manipulate and report.
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Mark McConkie profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

Adaptive is being used across the entire company as our budget software. We also use it to generate some operational metrics, and are expanding that functionality now. We have all of our financials, track our bookings, and track our ARR in Adaptive.
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Brian Kyslinger profile photo
October 22, 2018

Adaptive Insights

Score 10 out of 10
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Use Cases and Deployment Scope

We are using Adaptive to allow us to provide financial reports with different groupings and views that the accounting software could not provide. As we continue we will be adding key metrics that will provide individual business leaders actionable items that can directly impact the P&L.
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Gary Grzesiak profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

We use Adaptive for all of our budget development, forecasting, analysis and management reporting. Adaptive is used across the whole organization. Adaptive allowed us to move away from manual spreadsheet forecasting, develop budgets using staffing, travel, capital assumptions. Also real time KPI's and dashboards was a real business need for our association and Adaptive provides that solution. The ease of loading actual data from our transactional system gives us real time financials that we did not previously have the capability . OfficeConnect allows us to run our monthly budget reports in a timely fashion as our previous system had to be run over night due to serve issues without the amount of data.
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Denise Lewis profile photo
Score 10 out of 10
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Use Cases and Deployment Scope

Adaptive Insights is used across our organization. It has addressed many business problems, such as more streamlined budgeting and forecasting, including income statements, balance sheets, cash flow statements, and capital expenditures. We recently completed our first 5-year forecast, which would not have been possible without Adaptive Insights. We use Adaptive Insights for all of our financial reporting. We also utilize the Dashboard capability for executives.
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Jessalyn Ka profile photo
Score 8 out of 10
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Use Cases and Deployment Scope

As an organization that represents over 230,000 classified employees, we are using Adaptive Insights to generate reports that provide transactions and more drill down reports by dept. across the entire organization. This enables all departments to review their budget at any time without waiting for the monthly reports to be distributed. In addition, this helps eliminate human errors as we are able to pull the reports and drill down to the exact transactions to review and confirm that they are coded correctly. We like that the system is web-based - accessible from anywhere as long as you have internet access.
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Jonny Linehan profile photo
November 09, 2018

Adopt Adaptive

Score 10 out of 10
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Use Cases and Deployment Scope

Currently Adaptive Insights is being used almost solely by our FP&A team. We have given access to other managers also, but they usually reach out to us in Finance if they have any Adaptive related questions. We just recently started using OfficeConnect and this has helped us become more efficient when preparing and presenting our monthly business reviews. Also, we just completed our budgeting process for next year, and by using Adaptive Insights and OfficeConnect together we were able to make real-time updates and show executives immediately what would happen to their budget by adding/cutting what they suggested.
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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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Use Cases and Deployment Scope

It is being used across our entire organization. We are using it both for forecasting purposes and actuals reporting purposes. We were previously using an in-house built financial system and the implementation of Adaptive has saved us time both in our monthly reporting process as well as our planning/quarterly forecasting process.
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Allison Bailey Cates profile photo
October 22, 2018

Adaptive Insights Review

Score 10 out of 10
Vetted Review
Verified User
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Use Cases and Deployment Scope

Adaptive Insights is used predominantly by the accounting and finance department. However, we track our system sales, same store sales, and other items in Adaptive. We use Adaptive to build reports for all areas of our company.
Read Allison Bailey Cates'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