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Versatile and Customizable FP&A Solution
Updated March 18, 2016

Versatile and Customizable FP&A Solution

Brian Lawrence, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

Adaptive Suite is being used by all of our departments across our whole organization. We are a global company, and the ability to customize and use the product anywhere and with great collaboration tools allows us to achieve our budgeting needs electronically to replace our Excel processes. Overall the department head users and the finance group love the product.
  • Customization - ability to budget based on various drivers and to report on those.
  • Reporting - the report writer within Adaptive Suite is very powerful and allows you to create and adapt the reports to everyone's analytical needs,
  • Support - both the implementation teams and support are great with Adaptive Suite.
  • Learning Curve - there is a steep learning curve, at least for the administrators of the system. Learning how it works and how to create and customize accounts/models/etc takes some time and dedication, but is worth it.
I do not have comparisons for this product, other than the budgeting section with Intacct. That system however, is not designed as an FP&A tool, so it is only a bare bones budgeting tool, that would work for smaller organizations, but would not be a manageable solution for the way our group budgets.
Adaptive Suite is very appropriate for multiple users, in multiple locations. Such as where security is important across many departments or many entities to be able to allow the leaders of those departments access to their, and only their information for planning and analysis. It is also great for service organizations, as the personnel planning is outstanding.

Workday Adaptive Planning Feature Ratings

9.4
Long-term financial planning
10
Financial budgeting
10
Forecasting
9
Scenario modeling
9
Management reporting
9
8.7
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
9
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
8
8.3
Financial Statement Reporting
8
Management Reporting
9
Automated board and financial reporting
8
9.2
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
5
7.5
Excel data integration
7
Direct links to 3rd-party data sources
8
BI Standard Reporting ()
Not Rated
Ad-hoc Reporting ()
Not Rated
Report Output and Scheduling ()
Not Rated
Data Discovery and Visualization ()
Not Rated
Access Control and Security ()
Not Rated
Mobile Capabilities ()
Not Rated

Using Adaptive Suite

25 - Operational, administrative, and finance.
2 - General finance and software skills
  • Service based personnel planning
  • Budgeting expenses
  • Rolling forecasts
  • Rolling forecasts
  • Financial statements
  • KPI driver planning