Adaptive Insights: Effective and Efficient
Anonymous | TrustRadius Reviewer
December 03, 2019

Adaptive Insights: Effective and Efficient

Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Adaptive Insights, a Workday company

Adaptive Insights is used by select departments in our organization. It addresses our forecasting and budgeting issues by allowing us to customize the sheets that we use. It also reduces our time for reporting as Office Connect is linked to our Adaptive Insights details and can be refreshed with a click of a button.
  • The reporting options within Office Connect are easy to work with as they are similar to working in Excel and Word. They have reduced the time it takes for us to prepare reports because we now have templates built and only need to refresh the data with a click of a button.
  • The sheets are able to be customized to assist our department in budgeting and forecasting at a more meaningful level than we had before with spreadsheets.
  • The support that Adaptive provides is top notch. If we are unable to find answers within the self help area, the email support personnel are able to efficiently and effectively assist with our issues.
  • The reporting within Adaptive does not always print to excel in a nice format. Once exported manual formatting must take place to make the report look nice. This is why we choose to use Office Connect more than the reporting feature within Adaptive.
  • Adaptive Insights has allowed us to get better with our budgeting and forecasting which has allowed us to see where we may have previously been off. This allows the managers to adjust their processes by having the knowledge to make those business decisions.
Adaptive Insights is well suited for departments or organizations that want to be able to see their budgeting and forecasting details in more finite detail. The various sheets that can be built to suit your needs is a definite plus, as it allows you to create the sheets with as much or as little details included as you would like. This customization is really nice and allows us to mimic sheets as our users had previously seen in excel, but without the excel hassles.

Workday Adaptive Planning Feature Ratings

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