Highly recommend Adaptive Insights
March 16, 2018
Highly recommend Adaptive Insights
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Adaptive Insights
It's used across the whole organisation. It's mainly used as a consolidation tool whereby our 5 operating countries (and head office in London) enter summaries from their Trial Balances, and then it is consolidated here in London. We also make limited use of the planning tools for Budgeting or Forecasts- though this is only to a limited extent.
- It's relatively simple to learn to use- I've used skype to teach people in our organisation how to use
- It has a decent interface with excel to download information. While it isn't as intuitive as Essbase, it's still reasonably easy to learn and better than other products
- It's in the cloud so it's easy to roll out to new countries
- I'd love an ability to easily save previous versions e.g. after a budget submission on (say) 12th August, I'd like to be able to freeze that version so that when resubmissions are made, I could compare to the original 12th August version. While this is theoretically possible, it's quite time consuming to set up a second version e.g. Budget v2
- The data upload seems a bit clunky at times- not as intuitive as it could be. It would be nice to be able to quickly press a button and it would download into Excel all the inputs that are needed, then fill them in, and click another button to upload them. At present, if we add a new line in our accounts its a bit time-consuming to add it to the upload sheet
- I'd prefer to have the option to show the Actuals versus Budget in separate section e.g. show actuals Jan to December then show Budget Jan to December- it currently shows them together Jan actuals with Jan Budget, then Febt actuals with Feb Budget and so on...
- Also, i'd like to be able to have variance columns comparing the two i.e. difference between actuals and budget
- We used to outsource our management reporting process (before my time) so it has massively improved our reporting process- and cut down the number of days from period close to reporting (sorry don't know what it was before but it's now 5 days)
- It has therefore cut costs as the outsourinc cost was more expensive previously
The data quality has improved but that's simply because we control the data now- any system would have been better than the out-sourcing we used to do previously. Our reporting cycles have steadily gone down- as our subsidiaries have gone down the learning curve. And we've been able to add more useful analysis to our reporting e.g. we have added revenue run-rate which has helped us drive our understanding of the business
Not applicable.
Adaptive has always been here since I joined almost three years ago.
Adaptive has always been here since I joined almost three years ago.
I've used Essbase and Hyperion (the non-Essbase version) previously.
I slightly preferred Essbase to Adaptive insights from an ease of use perspective- particularly the Excel interface on Essbase. However, I simply could not justify the additional expense. So I wouldn't hesitate to get Adaptive Insights again.
Compared to Hyperion(the non-Essbase version) , I prefer Adaptive Insights as the Excel interface is easier to use.
I slightly preferred Essbase to Adaptive insights from an ease of use perspective- particularly the Excel interface on Essbase. However, I simply could not justify the additional expense. So I wouldn't hesitate to get Adaptive Insights again.
Compared to Hyperion(the non-Essbase version) , I prefer Adaptive Insights as the Excel interface is easier to use.