TrustRadius
Forecasting made easy
https://www.trustradius.com/corporate-performance-management-cpmAdaptive Insights, a Workday companyUnspecified8.6220101
Manuel Lora Fernández profile photo
October 10, 2018

Forecasting made easy

Score 9 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with Adaptive Insights

Adaptive is being used across a department within one of our Divisions. Adaptive allows us to prepare and project our monthly Forecast and annual Budget. The Adaptive built-in reports are key for our department to analyse the evolution of our forecast and the comparison with our budget.

Furthermore it gives you a tool to control the projection of our intercompany recharges.

  • Flexibility
  • Ease of use
  • Intergration with other tools (SAP, SAP FC, Excel)
  • Formatting of the built-in reports
  • Ability to modify the levels structure
  • Dashboard improvements
  • Data traceability
  • Save down different versions
  • Interface to our consolidation tool for forecast and budget
Our previous tool for Forecasting and Budgeting was Microsoft Excel and for sure Adaptive stacks up when we compare both ways. Just to mention the data traceability, configurability and time saving that Adaptive Insights has brought to our department.

Easy to integrate with ERP such as SAP thanks to their API interface. Importing to Adaptive is smooth and easy to configure. Also when exporting to another application is needed, well suited interfaces can be built to fulfill any needs.

After our migration to SAP, we tried to change our organisational e-structure and move some cost centers from a level folder to another. That causes a loss of historical data and until today I am not sure if there is a safe way to do something like that.

Adaptive Insights, a Workday company Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
10
Scenario modeling
7
Management reporting
8
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
7
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
7
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
5
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
Not Rated
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9