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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- Setup fee optional
For the latest information on pricing, visithttps://forms.workday.com/en…
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- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
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
(176-200 of 203)Companies can't remove reviews or game the system. Here's why
October 08, 2015
Adaptive Planning Budget Submission
Adaptive Suite is being used across the organisation for budgeting, forecasting and monthly reporting. By removing the reliance on multiple Excel spreadsheets it has enabled the business to spend more time analysing data than inputting. We have reduced our budget cycle from 4-6 months to 4-6 weeks.
- Consolidation of cost centres and business units is great. Rollups are instant. Update a cost centre and it will automatically update all levels above it.
- Formulas and allocations. Keep it simple if you want or work out complicated allocation algorithms. We calculate all our personnel budget information using these.
- Workflow is a great assistance with monitoring manager responsibilities and seeing where different areas of the business are in the various budgeting and forecasting processes.
- Adaptive Suite could do with a report formatting template, rather than relying on Excel. This requires multiple updates due to different headings required on various report versions. If it could be done as a one time update this would be great.
- Currency adjustments should be able to made to versions where actuals are used for forecasts. At present the actual months used in a forecast can not be adjusted. As our forecasting requirements to our UK parent need to use the same rate YTD this is inconvenient and required workarounds.
- In the hierarchy there is the ability to enter data into higher levels that overwrite any data below. At present, there is no way to disable data be entered into these levels.
October 01, 2015
Insight into Adaptive Insights
Score 9 out of 10
Vetted Review
Verified User
Our department was the first on campus to implement Adaptive Insights. Our campus does not provide a budgeting tool for finance units other than Excel. As a complex organization comprised of multiple units, we needed a budgeting tool that could provide more stability than Excel, had version controls, and gave us better insight into the budgets, forecasts and metrics of our organization. Since implementing in our department, several other departments on campus have implemented and it is being reviewed as a tool on a much larger scale.
- The original reason for wanting to make the switch from Excel to a budgeting tool was to correct the issue of broken formulas in financial reporting. Adaptive Suite provides that kind of security.
- Another important distinction of Adaptive Suite from Excel is version control. You don't have to be concerned that someone is looking at the wrong version of "the truth" when using Adaptive Suite. There are versions and security you can administer to control that.
- Financial reporting has been taken from a days to weeks long process down to hours. We have many reports we had to manually update monthly that are now the click of a button in Adaptive Suite.
- The formulas in Adaptive Suite are less easy to use than Excel. It's a bit of a different language to have to learn.
- The language used in the program-levels, dimensions, sheets, etc. is also another language to learn and has to be translated correctly to communicate with others in the organization.
- We often have trouble with Java in Adaptive Suite. However, I think that is being phased out.
September 30, 2015
Adaptive Insights
Score 8 out of 10
Vetted Review
Verified User
We purchased Adaptive Insights to assist in the budgeting/forecasting areas. Our current ERP system does not have the capability to address those particular roles.
- Provides a stable platform for budgeting and analysis.
- Provides ability to generate "what if" scenarios easily.
- Eliminates the error prone and cumbersome excel spreadsheet budget/forecast.
- The latest upgrade has made navigation (updating cell information) a bit more difficult that the prior drop down menu selection.
September 23, 2015
Insights into Adaptive Insights
Score 8 out of 10
Vetted Review
Verified User
Adaptive Insights is currently used across the entire organization. It is used to help financial planning, budgeting, and reporting. Our organization has a cycle of one annual budget, and a monthly forecast. Adaptive Planning allows us to keep multiple versions active - we can work on budgets and forecasts. We also import actual data and run variance reports between budget and actuals, and compare multiple forecasts. The biggest problem that Adaptive Planning helps us to address is quick review of data. It is easy to import actuals and to keep reports updated.
- Formulas are easy to understand and to write. It is helpful to work with a consultant to get started, but once you are started, you can maintain the system on your own. (I work in the finance office, so it is easy to manage, even for non-technical staff.)
- Ad-hoc reporting is great - the drag and drop feature makes building reports quick.
- Customer service is excellent.
- Discovery could use more flexibility. It would be good to give users access in Adaptive Discovery that is separate from their data access in Adaptive Planning. Also, the headers for time or other areas can't always be changed. (For example, I can't change "2014-2015" to show as "FY2015" on some dashboards.)
- Adaptive Insights is currently working on this, but Java is frustrating. It seems to break at the most inopportune times. I will be glad when Java is completely removed from the system.
- Reports are limited to 15,000 rows, which is sometimes too small.
September 09, 2015
Adaptive is intuitive and flexible.
We use Adaptive Insights as the primary planning tool in FP&A. I am extremely impressed with the intuitiveness and flexibility of the platform, especially the ability to link scheduled reports to live data.
- Flexibility
- Intuitive
- Up-to-date
- Search tools
- Formula assistance
August 05, 2015
CEO
Business Solution Partners is an Adaptive Suite implementation partner. We assist companies select and implement Adaptive Suite in their businesses. The Adaptive Suite is an incredibly great tool to work with as an implementer. It's cloud model allows us to connect and work from anywhere and the functionality of the application is very deep. Keep up the great work Adaptive.
- Planning & forecasting
- Dashboarding
- Connectivity with Microsoft Office products (Excel, Power Point and Word).
- Connectivity to ERP's
Score 10 out of 10
Vetted Review
Verified User
We use Adaptive for company-wide budgeting, planning, rolling forecasting and monthly reporting.
- Version over version comparisons are easily accomplished with Adaptive.
- Adaptive is very flexible and can be customized to almost any business or use case.
- Very good at waterfalling ratable revenue and for use in headcount planning and capacity planning.
- The most important improvement that was required was the reporting interface. Now that the Excel plugin will launch soon, hopefully report templates and export to Excel will be more user friendly.
June 03, 2015
Adaptive will change the way we handle the budgeting process as well as increase efficiency.
Score 9 out of 10
Vetted Review
Verified User
We are just implementing Adaptive Planning and Discovery and have recently seen a demo of the OfficeConnect product. I truly believe the OfficeConnect product will transform the way we do financial statements as well as the year end audit. To have have ability to refresh reports by pointing and clicking will definitely increase the efficiency and productivity of all our processes.
- Adaptive gives us the ability to view information at several levels that we can not easily do in our ERP system.
- The workflow process will enable to see where users are at in the budgeting process. In the past, we used excel spreadsheets which was inefficient and allowed for things to be missed.
- Ability to filter and search on sheets
- Ability to adjust column widths in sheets to make more readable.
- Suppress columns with 0 value.
May 01, 2015
Try Adaptive!
Score 8 out of 10
Vetted Review
Verified User
We are currently using the planning software to plan for the entire company, but the software itself is only being utilized by the financial planning team. We are transitioning from using Excel for budget/forecasting to Adaptive Planning. We plan to move into other parts of the suite once we have mastered planning.
- Easy to understand/use, also the help section is very easy to use.
- Flexible. Can scale to the business, but still allows you to drill down into transaction detail when integrated with NetSuite.
- Reporting is great. Very useful and informative.
- Notes in dashboards. That is not currently supported.
- Online training needs to provide more detail, probably an instance to match with the walk through so we can practice as well.
May 01, 2015
Adaptive Insights Review
Score 9 out of 10
Vetted Review
Verified User
Adaptive is being rolled out to all of our directors for forecasting and planning. Monthly meetings are held to review all of our financials for all departments. We use it to compare variances in our versions and to update our rolling forecasts.
- Very efficient in comparing variances between your actuals and forecasts. Reports are easy to use and can be made to your liking.
- The view has to be adjusted each time you click on a different department. There is no way to lock in the view as you are clicking through the different versions and departments.
April 29, 2015
Go beyond budgets with Adaptive Insights
Score 10 out of 10
Vetted Review
Verified User
We use Adaptive Insights to facilitate our rolling driver based plan. By integrating data we have eliminated the budget and moved to a more lean update that is less time consuming. We can tweak the assumptions and see the impact to cash right in the meeting. No more "hold on, let me go back to my desk to reprocess the Excel book".
- Customer Support is the best I've experienced in the years I've been working with CPM software
- Usability : It's very easy to get going with Adaptive Insights. They clearly put this at the top of their priorities.
- Innovation : Providing the cloud based service lets us outsource the parts that are most difficult to handle - this leaves us with the bread and butter we want
- Data integration - we'd like a self service method to hook up AI to our on premise and cloud based sources.
- Reporting - I wouldn't describe reporting as weak - moreover, my expectations are high.
- Structure Management - in some use cases it would be useful to lock down a version including the structure i.e. levels/attributes/dimensions
April 29, 2015
Adaptive Insights makes my life easier
Adaptive Insights is used by several departments within our organization and more are coming online this year. Each budget manager creates and manages his/her own budget. Adaptive Insights provides a single source to track and rollup expenses by line of business, category and/or project. Adaptive Insights is flexible and allows us to do multiple type reports.
- The ability to create multiple reports with filters and customization is crucial to our business.
- The abundance of training materials for basic and advance users is great. These materials have saved me from creating and distributing my own.
- The easy to use Web interface is great. I and budget managers can access the site from anywhere. Plus it is so easy for the budget managers to understand/use, I don’t have to worry if the information is correct or not.
- Change the save button to a different symbol. Some of our younger budget managers have never used a disk so they don't recognize the symbol.
April 10, 2015
Solid product, excellent support.
Score 10 out of 10
Vetted Review
Verified User
- Solid product with excellent customer support - supports mainstream budget and forecast needs well and is fairly customizable to customer needs.
- You will need someone comfortable with a cloud based product and comfortable with using the tools formula builder along with creating customizations ... it's similar to spreadsheets in a lot of respects, but formulas don't work 100% like they do in Excel and you will create a lot of custom accounts, sheets, etc. that require a little getting used to (along with getting used to a cloud based tool).
April 09, 2015
Adaptive Insights: Look no further
Score 10 out of 10
Vetted Review
Verified User
Engine Yard utilizes Adaptive Insights as the forecast / budgeting tool as well as the operational reporting tool across the entire organization. We have effectively used the application as our main source for not only financial data, but also for operational statistics and KPI's. Through interactive dashboards and reports, users can drill down to key information and make informed decisions that help drive the business.
- Planning
- Reporting with drill down capabilities
- Data visualization
- Refined ability to selectively filter out dimensions in large data sets
- Continued improvement on existing visualization options
March 31, 2015
AI financial planning tool
Score 10 out of 10
Vetted Review
Verified User
When I was looking for a Financial Planning tool, I had three things in mind:
- Cloud based compatible with NetSuite ERP
- Speed of upload and download
- Built in intelligence
I use to deal with a very manual financial planning tool in my previous role so this definitely was a game changer in so many ways:
- Uploading manual input into the system is so easy
- It is still capturing Excel functions (even copy and paste)
- Interactive and easy to follow implementation
- You can forecast all the numbers in detail or high level fashion
- Implementation team is very knowledgable and responsive
- The tool is very intuitive and clearly knows that Finance wants in forecasting
- Easy to understand the tool/ Easy implementation process
- Very intuitive and has some built in intelligence (i.e. you can set the growth percentage to populate other cells)
- Integrates well with NetSuite ERP
- Some minor technical issues (i.e. java script error)
March 20, 2015
Adaptive: A diamond in the rough
Score 9 out of 10
Vetted Review
Verified User
In my organization Adaptive Insights is being used for building various reports and as a method of providing easier access to detailed reports. Adaptive is currently being used across the whole organization by multiple managers. One great benefit of Adaptive is that it provides different levels of access. A marketing department manager cannot see the reports of a manager in the R & D department. Access levels can also be broken down into various criteria.
- Perform accurate calculations
- Roll out amounts to GL codes without issue
- Provides an easier way to manage user access
- Allows users to create test areas to run different scenarios before implementation
- Not a lot of tutorial videos on how to perform actions.
- Digging and sorting through manuals can be time consuming.
February 04, 2015
A big fan
Score 10 out of 10
Vetted Review
Verified User
Adaptive Insights is being used as a planning and reporting tool throughout the company. All budget holders have access to the system and can view and manage their budgets and forecasts. Monthly reporting is available for viewing and can also be pushed out as Excel reports. The software is key in providing a financial model from which we run our organization. Different what-if scenarios can and are created to show the potential impact of prospective decisions and events. We are always looking for additional funding and revenue sources and the data needed to support these tasks would be impossible to rely on without Adaptive.
- Adaptive Insights provides a level of accuracy and dependability that Excel models cannot approach. The task of budgeting and reporting becomes an exercise in analysis rather then data validation. Models become less uncertain when the potential for simple formula errors is eliminated.
- Adaptive's use of sheets to drive data allows for greater flexibility than other packages I have used in the past. It allows you the ability to give detail to the numbers if needed or simply budget to a target if needed. The different spread options gives you the ability to quickly enter the data in a meaningful way.
- I have found that the support I receive from Adaptive is world class. I can access on-line training, best practices and am even able to order short-term consulting to handle custom requests. Having access to helpful, insightful resources is more than a "nice to have".
- Our custom connectors to Salesforce.com and Intacct make updating actuals and sales plans fast and seamless.
- Adaptive had the issue of run time for quite a while. Loading pages could take several minutes and Java errors would come up every time there was an update. These have largely been taken care of but system speed will always be an improvement opportunity.
- Loading data for several departments from one master screen is something I have seen in other packages and can be a powerful way to update data. Even having ways to set ratios for each department so that one number, depreciation for instance, can be entered triggering allocations to several departments. This is more of a product enhancement of course but it would make data input even more efficient.
February 04, 2015
Adaptive Insights saves time, money and gives you an incredible view of your company
Score 10 out of 10
Vetted Review
Verified User
Adaptive Insights has been implemented for all three of our business lines as well as our corporate division for annual budgeting and forecasting. We also use it for some monthly reporting. The main goal of the implementation was to solve our budgeting woes, which it did immediately, but we're also finding many other uses for it that we didn't plan on.
- The scalability of the product was key. We started with only one division and when we decided to roll out to the entire company there were no issues with capacity.
- Being cloud-based was also important. We utilize the product with ZERO I/T involvement.
- Single view of the entire company. With previous solutions it was always a difficult process to "roll up" the budget to see the big picture. Adaptive Insights instantly gives you the high level and bottom line.
- Their reporting module is great, but I think it could be improved upon. Their OfficeConnect product is a huge step forward in that direction.
- The Discovery product also needs some attention. At first glance it's a great tool, but when I started diving into it I realized it has quite a few limitations. I think it has enormous potential.
- I would like to see some more structure around the creation and maintenance of the accounts structures. It's almost too easy to create accounts with little to no organization. Implementation of a strict naming scheme is left up to the end user.
October 02, 2014
Learn to adapt with Adaptive
Score 9 out of 10
Vetted Review
Verified User
Adaptive Insights has helped cut our budgeting process in half. We have gone through one round of budgeting in less than a quarter of the time we have previously spent on budgeting. Adaptive has also allowed us to design our own sales forecast that is easy to up date sales information as well as any formulas and assumptions used.
- Budgeting
- Forecasting
- Assumptions
- Personnel
- For color blind users the grey and blue shades are difficult to see a difference.
- The ability to make accounts inactive and not have to delete them.
- More help features.
September 25, 2014
Makes my job easier and more enjoyable
Score 9 out of 10
Vetted Review
Verified User
We are using Adaptive Insights to facilitate our budgeting and forecasting efforts. We are also utilizing its reporting features to generate drillable reports for more efficient and in-depth analysis. Our model is currently only being used by our Finance & Accounting team, however our goal is to get more departments involved and using the product. Adaptive Insights is allowing us to move our projection modeling off of a cumbersome and time-consuming Excel-based platform, and into Adaptive's more robust and secure cloud solution. It is also helping the Finance team bridge the data gap between our ERP and our in-house Loan servicing database.
- Reporting - Great reporting tool with lots of options to build and customize as you need
- Version Control - Create as many versions of the budget or forecast as needed, and lock it down to prevent tampering after its finalized
- Data consolidation - Great tool to bring silo'ed data from you ERP and other IT or business systems
- Dimensions - Adaptive needs improvement with Dimensions - While the functionality is there to used dimensional data, their use is limited and the performance hits can be big with larger dimensions.
- PDF functionality - While the reporting tool allows for PDF exporting, this needs some work. The results are not very useful and there is no ability to edit the export.
- Predictive Analytics - I think Adaptive is slowly building on this, but currently the ability to do predictive analytics is crude and cumbersome.
September 04, 2014
Being Adaptive with Adaptive!
Score 10 out of 10
Vetted Review
Verified User
Adaptive Insights is a blessing. With 100+ locations I am able to budget 100+ separate P&Ls and Balance Sheets at once pretty easily. Adaptive gives an ability to apply assumptions at the corporate level down to a segment, location or even department. It is very flexible, and can be easily adopted to any business model and updated to answer the changing needs of the company. Adaptive Insights is perfect for Personnel/Salaries Budgeting.
- Salary/Personnel Budgeting - Adaptive gave us the ability to budget at the level of detail we had to have at any particular time. We've started using growth rates over the prior year, and as our model evolved we were able to update the model and budget "by person" - accounting for different % of raises, 401K match contributions, etc.
- Adaptive Planning is also a perfect tool for stress-testing the assumptions, creating several "what-if" scenarios and easily adjusting assumptions at ANY level.
- Adaptive Insights customer service is Amazing! One less thing for our IT department to worry about.
- This company is always On Top of Things! Every time I think of something that would be nice to have for next budgeting cycle - they already have it in plans and rolling it out with the next release.
- Adaptive Insights is really good about making improvements. I would recommend sending an e-mail with the summary of those improvements -or maybe even have a monthly newsletter with "Tips and Tricks". We can always attend a webinar or search for files online - but it's not always convenient - reading a quick e-mail would be.
August 07, 2014
Adaptive knocks it out of the park!
Score 10 out of 10
Vetted Review
Verified User
Our Finance Team and all Department Directors use Adaptive Insights for planning, reporting, and analysis of financial data. We create our annual budget in Adaptive each year and then perform quarterly forecasts. We also make all financial reporting available through Adaptive and require department directors to respond about variances on those reports. Adaptive allows department directors more direct access to their financial data, both budget data and actuals, requiring far less information from Finance in the way of questions throughout the year. Adaptive also saves an incredible amount of time for the Finance Team during the budgeting and forecasting processes. The online access allows all of us to access it from anywhere, at any time.
- Adaptive has reached a critical balance of being simple for end users to learn quickly how to navigate, as well as being robust on the back-end to allow for sophisticated modeling.
- Adaptive is able to handle very detailed budgeting by project, event, grant, etc, which is very helpful for many non-profit organizations. Their "cube sheets" make it very simple to quickly "zoom out" and see a full department's activity, or zoom all of the way in and see the activity for a particular department-grant-project combination.
- Adaptive is consistently reaching for more effective functionality in the software, reaching out to customers for their feedback and actively implementing those requests, as well as developing new functionality that adds to the existing capability. They really listen to their customers and they make great decisions on how to improve the software.
- We had some issues with Java when we first started using Adaptive. Our IT team had chosen to not allow end users to have administrator access to their computers, so the users weren't able to update Java without IT's help. There was a period of time where Java was making many updates in a short period (outside of Adaptive's control), which made it frustrating for our users and IT team to handle the volume of requests for updates. The great news is that Adaptive is writing Java out of their software, so this should be a non-issue very soon (and already we've seen improvements because many of the regularly-accessed screens have been freed of Java).
- While I am an advocate of using their "cube sheets" for planning at granular levels like projects, events, or grants, there are some features that are not available in cube sheets. I would appreciate more attention being put towards building out more robust features with the cube sheet functionality.
August 01, 2014
Adaptive Insights...Insight
Score 9 out of 10
Vetted Review
Verified User
Adaptive Insights is used for creating our annual budget. The finance team really runs it, making sure everything is accurate and complete. We also send it out to each manager of all of the different departments in the organization so they may feel like they own their own budget. It addresses our problem of having our budget on one single, organized, and structured program that can be accessed on the cloud.
- Adaptive Insights has a great hierarchy and GL mapping system. When you work with thousands of lines of different types of incomes or expenses, having a nice structured mapping will save tons of time when trying to find something. Which will lead more time for analysis.
- The reporting tool is also great. Instead of trying to find individual rows or cells to copy and paste into your own spreadsheet, writing a report in the reporting tool will give you everything you want in the format that you want. Again, saving more time for value add functions.
- Adaptive Insights also does a great job in customer service. Whenever I have a question, I can always get an answer that day. They have even introduced me to other users in my area that have shown me several tips and tricks. This is very important because the more you know about a system the more you can do.
- Connecting to 3rd party vendor reports would be great.
- Creating more customizable dashboards on the cloud.
- Creating a one click drill down into Excel would be helpful.
Score 10 out of 10
Vetted Review
Verified User
It is currently being used by five diversified departments and one infrastructure area, with our IT Finance group in current implementation. It allows us to complete our financial plans in a fraction of the time previously, with much more accuracy. It allows us a level of analysis of current operations that is unmatched with any tool I've used previously. We get our monthly financial analysis reports out in minutes instead of days and the reports are totally customizable.
- Adaptive allows us to get our monthly financial reports in the hands of our users very quickly, accurately and reliably. The ability to rapidly generate these standard reports, as well as ad-hoc analysis with speed and accuracy is a huge strength upon which we rely.
- Our rolling forecasts are driver based, and often allow us to come within 3-5% of actuals on a consistent basis, allowing better decision making and improving our ability to react to situations more quickly.
- I would love to see the ability to format and customize the look and feel of the sheets, as that is where many of our users spend the majority of their time looking at data. Also, the ability to combine graphical reports with our sheets would allow more rapid acceptance of the system as a one stop shop for financial and operational insights into information. Hopefully office Connect will provide some of that, but to be able to access the sheets in Planning more like sheets in Excel would be nice.
- Adaptive Insights stays way ahead of the curve. If there is a nagging part of the software that needs changing or improving, they are usually catching it, or responding to user requests so quickly, that improvement is not only happening, it happens every day.
May 28, 2014
Early Adaptive user review
Score 9 out of 10
Vetted Review
Verified User
We are using Adaptive to plan our 10 year forecast. Our accounting and finance department is only three people, and I manage the entire workflow. Currently, no one outside of finance and accounting uses the product. It is a step up from the old budget software we were using, and the Cloud features are really extraordinary.
- Quick response to troubleshooting issues which is extremely valuable to us as we self-implement the software.
- Very intuitive layout for planning purposes and the video tutorials are helpful.
- Reporting is also intuitive, and we can easily create and modify reports to our liking.
- I would like to see pre-built formulas for planning inventory using FIFO.