Agile Reporting and Planning with Adaptive
October 30, 2018
Agile Reporting and Planning with Adaptive
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Adaptive Insights
Our organization currently uses Adaptive across over 20 separate sites for both regular monthly forecasting and the yearly budget process. Adaptive's cloud-based system replaced complex models built entirely in Excel, which led to version fragmentation and a certain lack of quality due to files passing through so many hands. Adaptive has allowed our organization to simplify our forecasting and budgeting for non-finance professionals handling their team/site's projections, while providing a more robust toolset to these end users. From a financial control standpoint, we've been able to develop stronger version control and the overall quality of our org's projections has improved dramatically.
- Allows for better integration between multiple business segments, which in turn leads to faster and more robust projections for the whole organization.
- Adaptive's simple user interface ensures that stakeholders without a proper Finance background still can navigate our projection entry processes with relative ease.
- Adaptive's strong network of consultants and community resources allow for great support from the original integration on through continuing support years after go-live.
- Adaptive has strong integration connnections with other financial or CRM sources, especially with NetSuite and Salesforce. However, there could be more tools available for greater dynamic imports, especially where headcount/payroll data is concerned.
- Adaptive could benefit from more flexible data visualization tools, especially involving pre-created tools that layer on-top of existing sheet data.
- Adaptive's OfficeConnect platform has been a major boon to our standard reporting process, and easier functionality around this tool would make reporting even easier.
- Adaptive has helped our organization to streamline the forecast and budgeting process through better version control and more hands-on involvement by local stakeholders. This has led to better planning for hiring talent and analyzing student performance/retentionn factors.
- Reporting has become much easier to produce and modify on the fly, which allows us to be more agile when considering future growth plans or funder/donor requests.
- While our finance team has been able to engage better with various business segments, there is sometimes a lack of investment by non-finance professionals, which can lead to a lack of trust in the overall process.