Host Analytics which we also reviewed in-depth (saw demos, had department heads and users to sit in on demos, talked to vendor supplied references with both companies, asked same list of standard questions)
Adaptive planning was: a) More intuitive - the team could envisage what they needed to do and seemed intuitive to do those things. b) Price was better c) Our VP of IT talked to both. Adaptive Planning knew what they were doing security wise and knew what their issues were. The Host Analytics guys did not understand the potential issues they would be facing.
They wouldn’t disclose financials, so we did diligence on their investors and they were reputable. They were also on several lists of fast growing privately held companies, so we were comfortable with their financial viability.
Even if you don’t pick Adaptive Planning, choose something to get off spreadsheets as fast as you can.
There is a data storage limit, but haven’t come close to hitting. They will give us notice if we start bumping up. They do have an archiving ability.
It was very good. The person we worked with from AP was very good. The revenue model they built had a very slick design.
There were two choices of implementation – 1) Guided where we would have done most of the work; full; 2) where the vendor did implementation.
We chose the full implementation. A consultant from the vendor would go off and do some work, and we would get back together on Webex, then could tweak and make suggestions. It was an iterative process.
I recommend the full implementation route. In seminar we went to, I sat next to someone who had done the guided implementation and she wished she hadn’t.
You should assign someone to be a project lead on your side. They should be in finance, not IT.
It can integrate to Netsuite – but we haven’t done that. The NetSuite integration seemed pricey for what it gave us – a push button to transfer data from NetSuite to Adaptive Planning. Our administrator just takes a file and downloads it, it just takes 15 minutes. For a bigger company it would make more sense.