Adaptive really lives up to it's name
November 08, 2016

Adaptive really lives up to it's name

Jonathan Lau | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

I have previous experience using Hyperion, PeopleSoft, and Microsoft Excel to model financials. As flexible as regular spreadsheets are, it was always hard to get everybody on the same page. It was always a battle to get everyone referencing the same numbers and using the same version. Adaptive takes care of that. This tool has saved hours upon hours every month, as well improved accuracy and timeliness of reports.
  • Modeling and forecasting
  • Reporting results
  • Automation
  • Customer support--takes a while to resolve the more complex issues
  • Positive ROI, for sure. Much more time remains for FP&A to drive business rather than just to keep the lights on.
Adaptive is flexible and super fast compared to these widely used tools. Also, much easier to maintain singular vision for the team with a single source.
Adaptive is well suited to high level forecasting and reporting. It also can do well with a moderate level of data segmentation. It doesn't do quite as well with highly detailed/segmented products (say, 1000s of SKUs).

Workday Adaptive Planning Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
9
Journal entries and reports
5
Multi-currency management
7
Minority Ownership
9
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
Personalized dashboards
8
Color-coded scorecards
8
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10