Basic Review
March 18, 2018

Basic Review

Ernie Leonard | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Insights

I think building some of the HTML reports can be confusing. Maybe this is because I haven't done one for myself or maybe because I haven't been trained on it.
Every department in the organization uses Adaptive Insights. Most of the users do budgeting and reviewing of actuals in Adaptive. It allows us to transmit the financials to each specific person without having to send individualized monthly reports.

Pros

  • Reporting
  • Budgeting

Cons

  • I think learning how to build the reports is the drawback. I currently don't do that for myself.
  • I think Adaptive has had a positive impact on our organization's budgeting process
  • Adaptive has helped during the financial review process because more users are getting the data faster and going through their numbers quicker.
Adaptive is a total upgrade over our previous reporting methods. It is more accurate, faster, and allows the users to get the data when they need instead of having to request the data being sent via email.
It allowed me to cut our review time down by 1/3.
We have only just started using Adaptive. This is something that we are going to be using more features as time goes on. I use it to review the actuals to budget during month end close. The reporting we were able to build in the system has helped speed our review process up.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
Not Rated
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
9
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
8
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated

Comments

More Reviews of Workday Adaptive Planning