Workday Adaptive Planning Reviews

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Score 8.2 out of 100

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Reviews (51-75 of 127)

Lisa VanHuystee | TrustRadius Reviewer
October 20, 2017

Adaptive Insights review from an experienced user/administrator

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

I have used Hyperion and TM1 solutions in the past.


Hyperion was expensive and difficult to implement, requires more technical knowledge to set up the business rules for more more hands on IT support.


TM1 was a great tool for FP&A users. However TM1 lacked a report writer and was not a cloud based solution so access for international offices and those who traveled frequently had challenges. Adaptive offers a well-rounded solution cost effective solution with easy access, user friendly interface, built in report writer and dashboard capabilities.

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KaReese Watkins, CMA | TrustRadius Reviewer
October 17, 2017

Adaptive, Collaborative, Innovative, Positive!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Adaptive Suite gave us what we needed and fit our use case perfectly. We did short list Host Analytics and they were neck and neck with Adaptive and it was a win/win for us and we would have been successful with either tool. My familiarity with Adaptive, the simplicity of self implementation, the product vision,and the turn around time to get the company up and running made gave Adaptive the edge.
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Zach Miles | TrustRadius Reviewer
January 30, 2018

Adaptive Admin Review

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

We selected Adaptive over Hyperion because Adaptive implementation involved far less IT expertise. We also did not have any involvement with other Oracle products at the time. Adaptive appeared to be an easier platform to adopt.

Judging from a short webinar of Hyperion, Adaptive appears to have much more customization for model building with its robust formula writing capabilities.

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Richard Danis | TrustRadius Reviewer
January 17, 2018

Adaptive Insights is a great user experience

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

In our evaluation process we looked at Hyperion and Cognos TM-1. The level of customization and professional services required to implement were significantly higher with these other 2 solutions. Adaptive is much easier to learn and doesn't require long term consultant support. It's also easier to change with your changing needs.
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Imran Mohammad | TrustRadius Reviewer
November 21, 2017

Adaptive Insights is the way to go for budgeting, forecasting, planning

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Adaptive has a much better interface and usability compared to all these systems. It is also less complex, easy to configure and install, and easy to teach. Adaptive is more affordable, both short and long term.
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Sandy Arami | TrustRadius Reviewer
June 08, 2017

Adaptive - BEST tool for FP&A Budgeting & Forecasting!

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

I have used TM1 and Hyperion in the past and I find Adaptive to be cleaner, more flexible, quicker, and more powerful. It is extremely user friendly and intuitive which means the ramp time for a new employee to feel comfortable and competent with the tool is comparably short. It is flexible and quick which means less time is spent doing the nuances of creating and checking formulas, layouts, templates, etc. And above all it works fantastically well, which is the most important part.
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Michael Spain | TrustRadius Reviewer
May 05, 2017

Adaptive - Taking The Pain Out of Forecasting And Budgeting

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Our corporate entity using Hyperion and Adaptive is so much easier. There are several people involved in managing Hyperion where as I am the only one managing Adaptive. The ability of an end user to build a Hyperion report impossible unless you are a superuser. However, in Adaptive I can show any user how to build a report in about 30 minutes. Also when you see the formulas in the report they are usually intuitive if you build your Adaptive model appropriately.
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W. Stephens | TrustRadius Reviewer
December 16, 2016

Adaptive Suite Review

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

We had meetings with several industry leaders and Adaptive was our choice in the end. We liked IBM and also liked Host Analytics for different reasons. In the end it was the combination of cloud, Excel add-in, Office Connect, Discovery, and cost that would ultimately end up with Adaptive. I've used a few similar BI products and it has become my tool of preference. One of the best things about Adaptive is that they are committed to being the best, and to do that they must evolve and enhance the products different modules, I have seen many updates while using the product and I can say that they are making impressive enhancements on a regular basis. I'm very excited to see where they will be in another year.
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Greg Clarke | TrustRadius Reviewer
April 27, 2016

Drive Better Enterprise Performance Management with Adaptive Insights

Score 9 out of 10
Vetted Review
Review Source

Alternatives Considered

Large Stack Vendors
Compared with financial planning and reporting offerings from IBM Cognos TM1, SAP BPM and Oracle BPM Suite / Hyperion, the Adaptive Suite offers most of the capability but deploys in around 10-30% of the time and provides total cost of ownership savings of over 70%!

Niche Vendors
Compared with niche Corporate Performance Management vendors like Anaplan, arcplan, Corporate Planning, Board, Host Analytics and Calumo, especially for organisations employing 200 or more personnel, the Adaptive Suite offers significant more enterprise class capabilities to drive better, faster planning, reporting and business outcomes. For example, centralised formulae and assumption control, user security and audit trail, process documentation and workflow control, integration to core systems, integrated dashboards and pixel perfect reporting.Most are very hard to deploy using old fashioned client server technologies and are very dependent on restrictive cube based structures, and very hard to deploy for small to medium organisations.

Spreadsheets
Spreadsheet technologies like Microsoft Excel offer great personal productivity capabilities but do not provide enterprise level functionality (e.g. user credential based security, single source of the truth etc.) As a result they are easy to break and hard to maintain and prone to error, and do not offer easy or anywhere near real time consolidation.



Read Greg Clarke's full review
Brian Lawrence, CPA | TrustRadius Reviewer
March 18, 2016

Versatile and Customizable FP&A Solution

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

I do not have comparisons for this product, other than the budgeting section with Intacct. That system however, is not designed as an FP&A tool, so it is only a bare bones budgeting tool, that would work for smaller organizations, but would not be a manageable solution for the way our group budgets.
Read Brian Lawrence, CPA's full review
Gary Sabulski | TrustRadius Reviewer
May 23, 2016

Adaptive Insights

Score 10 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

  • SAP
We used a hybrid system part manual and part SAP which was slow and error prone. We implemented Adaptive and resolved these issues.
Read Gary Sabulski'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 (130)
7.8
Financial budgeting (140)
8.9
Forecasting (135)
9.0
Scenario modeling (130)
7.1
Management reporting (139)
9.0
Financial data consolidation (82)
8.7
Journal entries and reports (48)
6.4
Multi-currency management (58)
7.5
Intercompany Eliminations (42)
7.9
Minority Ownership (20)
8.0
Local and consolidated reporting (71)
8.6
Detailed Audit Trails (89)
8.6
Financial Statement Reporting (115)
8.7
Management Reporting (127)
8.6
Excel-based Reporting (126)
7.4
Automated board and financial reporting (110)
7.4
XBRL support for regulatory filing (17)
7.6
Personalized dashboards (86)
7.5
Color-coded scorecards (68)
6.4
KPIs (81)
7.3
Cost and profitability analysis (88)
8.3
Key Performance Indicator setting (71)
7.9
Benchmarking with external data (49)
4.5
Flat file integration (91)
8.3
Excel data integration (115)
8.3
Direct links to 3rd-party data sources (85)
8.2

About Workday Adaptive Planning

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

The vendor states that more than 3,800 organizations across 50-plus countries use Workday Adaptive Planning, and boasting its ease of use, they state that Workday Adaptive Planning 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 Planning helps mid-size & enterprise organizations’ leaders better manage their business:
  • Adaptive Planning 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
  • Integration with Salesforce.com, NetSuite, Intacct, & MS Dynamics

Workday Adaptive Planning 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

Workday Adaptive Planning Screenshots

Workday Adaptive Planning 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.

Workday Adaptive Planning Integrations

Workday Adaptive Planning Competitors

Vena Solutions, Longview, Prophix, IBM Cognos, Anaplan, CCH Tagetik, Tidemark, Planful (formerly Host Analytics), 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

Workday Adaptive Planning Customer Size Distribution

Consumers
0%
Small Businesses (1-50 employees)
0%
Mid-Size Companies (51-500 employees)
60%
Enterprises (> 500 employees)
40%

Workday Adaptive Planning Support Options

 Free VersionPaid Version
Phone
Email
Forum/Community
FAQ/Knowledgebase
Video Tutorials / Webinar

Workday Adaptive Planning 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