Adaptive Insights, a Workday company Reviews

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Score 8.3 out of 100

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TrustRadius Top Rated for 2019

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Reviews (1-25 of 170)

Limin Kinsey, CPA, CFE | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • The design of the planning sheets, flexible functioning of the assumptions/drivers, and familiar formula creation has great user appeal since it simulates the similarities with the Excel worksheet interface, so buy-in/ownership from a Finance group perspective is easily overcome even for those that have a bit of 'change-phobia'.
  • The Finance group REALLY can run this CPM product. No IT support needed which is critical from a resource standpoint.
  • User collaboration is made simple and easy with the Process Tracker functionality and further supported by offering users the ability to enter cell notes on planning items, sheet notes, line notes in analysis reporting, share reports via email, snapshot reports, and attach documents related to quotes for the planning process - just to name a few little hidden gems that serve us well in the planning process resulting in greater efficiencies.
  • The Adaptive Learning Center provides a wealth of information for users in a how-to-do well-guided format with both written and video learning mediums. In addition, the involvement in the Torchbearers Community provides a community chat portal to pose questions and gain additional information on best practices from other Adaptive users of varying levels of expertise.
  • Being rather new to the Adaptive product and our laser focus on capitalizing on the advantages we were severely lacking in our former budgeting tool, I don't have any solid examples of areas or room for improvement yet. As we continue to gain familiarity and begin our implementation of Phase 2 with our Program areas, I will be able to assess more in-depth whether Adaptive meets our needs fully as more individuals with varying capacities and capabilities will be involved in our Phase 2 roll out, so feedback will be plentiful.
Read Limin Kinsey, CPA, CFE's full review
Chris Snelling, CFA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Adaptive Planning is very good at letting you create reports on the fly. We constantly create, modify and run reports to help analyze and find solutions.
  • Although it took a while to setup, the Adaptive Connector makes it super easy to load all of the detailed financial information from SAP into our reporting system.
  • Managing multiple versions of our budget and forecasts is quite easy with Adaptive Planning.
  • We have had some customer service issues in the past but have worked through them with the Adaptive team.
  • The compatibility with javascript has been an issue in the past and has caused some lost productivity, but I think this issue has been resolved with the latest release.
Read Chris Snelling, CFA's full review
Brandon Gappa | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Live Reporting - The ability to constantly see your change impacts, using the Audit Trail to identify the users making the change, and transaction details for actual significantly freed up valuable bandwidth to spend more time on forecast accuracy.
  • Flexibility to change Business Structure and have those changes flow through historically without any effort. Used to have various Xref files everywhere.
  • Corporate Consolidation - Being able to have multiple Organizations roll up into a group that is not managed by us. We still need to use export into Essbase for our HQ partners until Adaptive can fully integrate the two seamlessly.
  • Web Reporting can be inflexible at times, especially when it comes to notes. Office Connect helps to fill that gap, but we would rather use web reporting when we can.
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Sander Bastiaan van Vliet | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • A very intuitive solution from a budget contributor point of view. The sheets are clean and the drag and drop functionalities make it easy to get started.
  • The many different custom dimensions and attributes make it easy to slice and dice the data to your liking.
  • The Adaptive logic is different than the Excel logic so it does require you to revise your current Excel models to bring them onto the platform.
  • We are still trying to figure out if, and how easy it is to bring more complex models to Adaptive (predictive modeling, Monte Carlo simulations etc).
Read Sander Bastiaan van Vliet's full review
Josh Cooper | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Adaptive Insights provides excellent customer service. If a user has a question about the product, the employees at Adaptive are quick to respond and are very helpful.
  • The team at Adaptive Insights listens to their customers and are always working to improve the software.
  • N/A
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Jaynee Tolle | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Adaptive is a cloud-based system that allows our users to interact with Finance from anywhere in the world.
  • Office Connect is a great add-on to Excel that allows us to set-up reports and refresh them in an instant for more detailed information needed throughout the company.
  • The report section is great but it doesn't quite give you the flexibility that Office Connect (Excel Add-On) does.
Read Jaynee Tolle's full review
Kris Sircar, MBA | TrustRadius Reviewer
November 26, 2019

Remarkable Planning Tool

Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Version Control.
  • Ad-hoc Matrix Reporting.
  • Management of Custom Elements/Dimensions.
  • OfficeConnect does not function like Excel in all aspects. Can be a little buggy.
  • I would like to customize the view of the Levels and dimension field to show when the new attribute was added. Basically an audit trail.
Read Kris Sircar, MBA's full review
Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • The customer support services have been very quick and useful to all my pertinent questions relating to the development and issues associated with the sheets, formulas and any other question I may have.
  • Many of the instructional guides and examples enabled me to ramp up quickly, learning the system. This not only benefited myself, but the team as a whole.
  • The Torchbearer Community has been a wonderful resource. I have been able to explore similar questions other analysts have had, that I had, and examine how they resolved nuances or issues with their associated questions.
  • 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.
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Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Implementation through the 3rd party was quick, efficient, and cost-effective.
  • It's a very flexible tool and is very easily customized for our evolving needs.
  • An ability to customize standard sheet views such as fonts/size.
  • Promote and push the training before and during implementation.
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Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Full solution to replace Excel in your planning instance.
  • Very versatile, you can suit it to your business needs very well. The sky is the limit.
  • Because it is so open and versatile, sometimes you can get lost on what you are trying to accomplish. There are not as many templates as some might want.
  • It can be difficult to model solutions that aren't necessarily calendar based, but might be time based. Month1, Month2, etc. as opposed to Jan 2020, Feb 2020, etc.
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Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Easy to import or export data
  • The levels, dimensions and attributes allow us to slice data in many different ways
  • Building reports in Adaptive is not intuitive to me as a user
  • When exporting reports to Excel, you always have to reformat the report
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Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Dimensions and attributes that allow us to slice up data in many different views depending on what is needed
  • Ease of importing and downloading data
  • Sheets can be slow to load at times
  • There is a relatively steep learning curve for formula syntax/logic (but this applies to most other software)
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Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Adaptive Insights does a good job allowing the user to build in automatic calculations for forecasting. E.g. employee benefit cost by plan type chosen by employees.
  • Another beneficial feature of adaptive is the office connect feature that allows financials to be populated directly into a board deck.
  • It can be difficult to learn how to build the references needed to make sheets and versions connect.
  • The service can be slow to load at times. Many times I'm just waiting on the data to refresh before I can update the next step.
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Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • The reporting options within Office Connect are easy to work with as they are similar to working in Excel and Word. They have reduced the time it takes for us to prepare reports because we now have templates built and only need to refresh the data with a click of a button.
  • The sheets are able to be customized to assist our department in budgeting and forecasting at a more meaningful level than we had before with spreadsheets.
  • The support that Adaptive provides is top notch. If we are unable to find answers within the self help area, the email support personnel are able to efficiently and effectively assist with our issues.
  • The reporting within Adaptive does not always print to excel in a nice format. Once exported manual formatting must take place to make the report look nice. This is why we choose to use Office Connect more than the reporting feature within Adaptive.
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Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Reporting is very easy. You can build a report and very easily change the inputs to view the exact data you are looking for.
  • Adaptive's API is quite simple as well. Going from Adaptive to a BI tool or a MySQL server is easy and everything flows quite well.
  • Getting new users onboard is simple as well. It is quite easy to have one or two "experts" and everyone else can just do the data entry and inputs. You can get a lot of information inputted into Adaptive quickly and stored as your forecast evolves.
  • We have had UI issues for Global team members. Adaptive is not customizable to support different date views and such.
  • The formula syntax is hard to pick up. Once you get it, it's great but due to the difficulty, we only have two people able to create efficient and effective formulas.
  • Deleting rows in Modeled sheets can be very inefficient. There is a very small range you are able to select and delete. When you have large rows of data, ie 20,000+, this becomes untenable.
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Brad MacDonald | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Overall structure of the model is both powerful and simple. Accounts and levels (departments/cost centers) drive the overall data structure. Once this principle is firmly understood, the tool is quite easy to understand from an implementation and administrative perspective.
  • Customer support is outstanding. Even though we're a small company, Adaptive doesn't recognize that (or care). I've had conversations with a variety of their team members on a number of different topics, and they are very good at supporting our company.
  • Reporting tools are world-class. It's nice that you can have a best-in-class planning system, but without equally strong reporting tools, it really doesn't mean much. Adaptive's easy-to-build reports are both flexible and powerful.
  • Administration is easy. Helpful tools to make your system secure.
  • Our biggest challenge is that more people want the tool than we (originally) budgeted for. (This really isn't a con, but be aware that if you're moving from an Excel-based manual model, people will be really hungry for this type of tool/application.)
Read Brad MacDonald's full review
Timothy Bradshaw | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • They have a really good Excel tool where you can pull and push data.
  • It does really well at being adaptive and letting you change things.
  • I really like the user interface.
  • I don't love the dashboarding that it has. I feel it's trying to compete with other solutions and doesn't do that well.
  • Sometimes it can be slow.
  • It costs a lot per user.
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Ben Balch | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • It helps to produce a consolidated budget very quickly.
  • Good built-in audit trails.
  • Good reporting for variance analysis.
  • The software allows you to plan at a very granular level, but the reporting at a granular level between plan, actuals, and other versions can be challenging.
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Jeri Duncan, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Ease of navigation
  • Friendly and helpful support
  • Tools for every problem that needs to be solved!
  • Out of the box worksheets would be nice.
  • There have been some recent issues with log out when tabs are duplicated and that has been frustrating.
Read Jeri Duncan, CPA's full review
Alex Humble | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Modeled Sheets are great.
  • Their formulas are easy to use and questions are easily answered when/if they arise.
  • The reporting capabilities are very nice.
  • Integration with our ERP and other cloud services has been great.
  • Our biggest gripe has to do with the speed. Sometimes pages can take a long time to load, but those long load times are minuscule compared to the ones we had before.
  • The View Dependencies feature does not work and it would be extremely helpful.
  • Accounts used in reports acquire a unique code within the report and fail to show the unique code of the account in your instance. This can make it hard to identify which account you are actually using in large reports with similar accounts.
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Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Adaptive Office connect allows us to integrate data directly into Excel allowing us to quickly update reports and analysis.
  • Being able to consolidate data quickly across multiple regions helps us to quickly turn around reports and analysis.
  • Adaptive allows us to upload custom data for analysis purposes, helping us during budget season to compare previous versions to the latest.
  • I would love to see more products from Adaptive that could help take us to the next level.
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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 (130)
8.1
Financial budgeting (140)
8.9
Forecasting (135)
9.0
Scenario modeling (130)
7.2
Management reporting (139)
8.7
Financial data consolidation (82)
8.5
Journal entries and reports (48)
6.1
Multi-currency management (58)
7.3
Intercompany Eliminations (42)
7.8
Minority Ownership (20)
7.7
Local and consolidated reporting (71)
8.4
Detailed Audit Trails (89)
8.5
Financial Statement Reporting (115)
8.7
Management Reporting (127)
8.5
Excel-based Reporting (126)
7.4
Automated board and financial reporting (110)
7.6
XBRL support for regulatory filing (17)
7.4
Personalized dashboards (86)
7.5
Color-coded scorecards (68)
6.5
KPIs (81)
7.4
Cost and profitability analysis (88)
8.2
Key Performance Indicator setting (71)
7.9
Benchmarking with external data (49)
5.4
Flat file integration (91)
8.2
Excel data integration (115)
8.3
Direct links to 3rd-party data sources (85)
8.2

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