Adaptive Insights to the moon
Updated July 29, 2022

Adaptive Insights to the moon

Justin Ballesteros | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Workday Adaptive Planning

Adaptive Insights is used for Financial Planning and Reporting activities. It's much more user friendly and efficient in regards to slicing and dicing the financial than extracting data to excel from our ERP.
  • Adaptive is an excellent tool in creating dynamic models for budgets and forecasts that can connect directly to our financials.
  • The most powerful tool of Adaptive is the ability to handle complex calculations behind the scenes while mupltiple users can access our instance and see the results in real-time.
  • Adaptive Insights could improve it's user training by offering more video instructions that our included in customer subscriptions.
  • The Office Connect feature is a great tool for working with financial data in Excel. I believe this will be an area to focus on improvement as many of their competitors have better functionality with pulling and drilling into data.
  • The positive impact is how it makes sharing financial information with business leaders much more efficient.
I believe Adaptive Insights can be instrumental for any business looking to streamline their operations strategy with finance. Adaptive is an excellent system to implement if a company is looking to invest in the business and looking for a product to help plan and track the results. It's well suited for providing department results vs what if scenarios,able to handle complex modeled calculations, and equip Finance to partner with key stakeholders in the business in real-time. Their product is much less reliant on IT as traditional reporting systems since Finance will typically troubleshoot issues.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
8
Financial budgeting
10
Forecasting
9
Scenario modeling
8
Management reporting
10
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
10
Local and consolidated reporting
9
Detailed Audit Trails
7
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
6
Automated board and financial reporting
9
Personalized dashboards
6
Excel data integration
10
Direct links to 3rd-party data sources
10

Planning, Alignment, and Use

Take the time to think about how you want to analyze the business in regards to level structure. We set our selves up to bring in additional dimensions to assist with understands trends and patterns at a granular level if the case arrives.

Workday Adaptive Planning Implementation

Change management was minimal
  • Deciding the level structure and dimensions to bring in
  • Deciding how much historical data to bring live into our instance.