TrustRadius
Being Adaptive with Adaptive!
https://www.trustradius.com/corporate-performance-management-cpmAdaptive Insights, a Workday companyUnspecified8.5219101
Olya Brase profile photo
September 04, 2014

Being Adaptive with Adaptive!

Score 10 out of 101
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Overall Satisfaction with Adaptive Insights

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.
  • Adaptive helped us significantly decrease budgeting prep time, and made our budgeting process more streamlined and accurate (which is extremely important with roll up of 100+ P&Ls)
Upper management wanted to switch to Oracle Budgeting about a year ago - after a preview - there was no question that Adaptive had superior functionality and better customer service. As a result - we've signed with Adaptive for 5 more years.
Adaptive Insights actually LISTENS to the customers and responds with adapting their products to customer needs - FAST!.
I feel that Adaptive can easily be used by any company - large or small. It's hard to talk specifics unless I know more about the needs of a particular company. All I can say - I would NEVER give it up!