Adaptive Suite is being used across the organisation for budgeting, forecasting and monthly reporting. By removing the reliance on multiple Excel spreadsheets it has enabled the business to spend more time analysing data than inputting. We have reduced our budget cycle from 4-6 months to 4-6 weeks.
Adaptive Suite could do with a report formatting template, rather than relying on Excel. This requires multiple updates due to different headings required on various report versions. If it could be done as a one time update this would be great.
Currency adjustments should be able to made to versions where actuals are used for forecasts. At present the actual months used in a forecast can not be adjusted. As our forecasting requirements to our UK parent need to use the same rate YTD this is inconvenient and required workarounds.
In the hierarchy there is the ability to enter data into higher levels that overwrite any data below. At present, there is no way to disable data be entered into these levels.
I think if it is a bigger organisation Adaptive Suite may prove ungainly but for mid sized businesses it is ideal. I love the ability to manage the system without the need for developers and programmers needing to be involved.
2 - I am the only support user required. I have a back up as well. There really is no high degree of skill required above understanding how the Adaptive system is integrated and metadata is configured. Understanding the formula terminology is required and this is quite complex but logical.