Management Reports & Consolidation
November 14, 2018

Management Reports & Consolidation

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Insights

We use Adaptive Insights to consolidate our financial systems. It's being used for consolidation and management reporting purposes. It's very intuitive and easy to use. It improved our process by two times. Our monthly close process is much faster than it was before. Adaptive is a great database to have all the company's information to manipulate and report.
  • It's very flexible
  • Easy to use
  • Can adapt with any ERP system
  • It should look into more software integration
  • More standard templates
  • More flexibility on formulas
  • It cut costs on a more pricey tool
  • It cut time on [our] closing process
  • It's easy to learn
NetSuite and Adaptive go well together because it automatically pulls the data into Adaptive. You can then manipulate the data once it's in NetSuite. Management reports and Dashboards are automatically updated based on the new data that is pulled in. This saves alot of time from manually pulling data from the ERP into Excel.
It's okay for consolidation. It should not be used as a general ledger.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
6
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
9
Financial data consolidation
8
Journal entries and reports
9
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
8
Local and consolidated reporting
8
Detailed Audit Trails
2
Financial Statement Reporting
5
Management Reporting
7
Excel-based Reporting
5
Automated board and financial reporting
3
Personalized dashboards
7
Color-coded scorecards
7
KPIs
7
Cost and profitability analysis
7
Key Performance Indicator setting
7
Benchmarking with external data
7
Flat file integration
5
Excel data integration
9
Direct links to 3rd-party data sources
1