Adaptive Insights Allows a Lean Finance Team to Manage a Dynamic Business
May 27, 2019
Adaptive Insights Allows a Lean Finance Team to Manage a Dynamic Business
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Adaptive Insights, a Workday company
Currently, only our finance department, which consists of a VP, director, manager, and three financial analysts, is using Adaptive Insights. Each individual owns a certain portion of our model, usually aligned with the business they support. We have built our complete business model in Adaptive Insights so that we can forecast our financial statements, as well as forecasting and tracking key process indicators and business metrics.
- Consolidation.
- Detailed modeling.
- Integration with accounting systems like NetSuite.
- Permissions for users by the account in addition to the level. The use case being letting a financial analyst see the headcount sheet with the comp for the organizations he or she supports, but not for the finance and accounting departments to hide the salaries of other team members from them.
- Currently, the View Dependencies feature does not seem to work very well, so you really can't see all the places a certain account is showing up in your model. It would be nice to have greater visibility to see where each account is used in the model so that you know how changing that account will change your model.
- The Account Code in Reports is different than the actual account codes, so it is hard to know what account is actually being used in the report.
- Adaptive Insights has helped us leverage each analyst and member of our finance team so that we can run a really lean team and avoid hiring more analysts.
- It has helped us manage our business to hit our financial targets.