Adaptive Insights is fantastic!
Anonymous | TrustRadius Reviewer
January 31, 2020

Adaptive Insights is fantastic!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Adaptive Insights, a Workday company

We use Adaptive Insights for all of our reporting, budgeting, forecasting, and KPI needs. Currently, all of our Operations leaders, CFO, COO, Finance, Accounting, and some of our department heads are users of this tool. Adaptive Insights has allowed us to scale the business efficiently as well as distribute results in a timely and accurate manner. We've also been able to improve our accountability and drive towards our desired results.
  • Implementation through the 3rd party was quick, efficient, and cost-effective.
  • It's a very flexible tool and is very easily customized for our evolving needs.
  • An ability to customize standard sheet views such as fonts/size.
  • Promote and push the training before and during implementation.
  • Increased transparency to our operations team and department heads.
  • Has assisted in identifying areas of concern.
I've primarily used Oracle Hyperion Enterprise Performance Management in the past and Adaptive Insights stacks up favorably against them. Hyperion is not nearly as intuitive, frequently requires a consultant or programmer to do anything outside of customized reporting, and is much more cost-effective both with the implementation but also the ongoing expense.
I've been most impressed with the ability to customize structures and hierarchies, centrally plan drivers and formulas, make user edits, track progress, and distribute results. I'm a big fan of the built-in customized reporting both in the cloud-based tool and in Excel and PowerPoint. Security can be a little cumbersome especially when there are sensitive personnel data involved.

Adaptive Insights, a Workday company Feature Ratings

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