Adaptive a home run product
September 27, 2018
Adaptive a home run product
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Adaptive Insights
Adaptive is being used for all our budgeting, forecasting, and board reporting. It is currently being used by just the finance department, but I have been at a previous organization where it was more widely used. Adaptive has really helped us make our monthly, quarterly, and board reporting much more accurate and efficient. Moving from Adaptive and out of Excel has really allowed us to get important information into the hands of our executive team much quicker.
- The security settings are very easy to implement. I can easily give access to our analyst in Europe access to only their portion of the budget with just a single click.
- Being able to quickly spin up multiple versions of a plan make scenario planning very efficient.
- The reporting functionality is robust and can be done by the team.
- The implementation process could be a little more straight forward
- The ROI has been great. We were probably able to eliminate at least one future position which gives us about a 6X annual ROI
The ease of reporting is probably the biggest time saver for our department. The ability to streamline line reporting has been phenomenal. Our CEO will say it use to take the previous FP&A team 2 days to turn around a request of mine and now it takes you team 10 minutes.
The amount of time it has freed up for myself and the team has been invaluable. We have been able to be more strategic to the rest of the organization. It has also allowed us to be flexible and nimble.