Overall Satisfaction with Adaptive Insights
Currently, I am using Adaptive Insights for our budgeting, forecasting, and variance reporting. I am working with my Adaptive support team to also begin using Adaptive for scenario planning. The reports are being used across our entire organization.
- Adaptive is great at building a budget model, and providing reports around that model.
- Adaptive allows me to build our budget in various currencies for our global entities.
- Adaptive is great at allowing me to take a scenario, or version of our budget, and then tweaking it as we consider various business decisions, to determine the financial impact.
- I think Adaptive has room for improvement regarding the ability to use various sheets from an updated version - I'd like to be able to take a sheet that I've updated - say the Personnel sheet - and then have that information integrated back into a previous version. Hard to explain - and it may be something that I can already do but just haven't figured it out yet.
- I'd like to have more formatting options with the Discovery tools.
- We are still evaluating the impact that Adaptive has had on our overall objectives.
I am still working on my processes and monthly reporting with Adaptive, but I anticipate that this will be a strong benefit.
Again, as we are just now using Adaptive, I don't feel like I have a good overall sense of how it has impacted my role, but I anticipate that it will continue to help me with strategy, forecasting, and analytics.
Adaptive was purchased by the previous CFO, so I did not evaluate other products.