Very Satisfied with Adaptive Suite
December 29, 2016

Very Satisfied with Adaptive Suite

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

Currently only the finance department is using Adaptive as we are still in the process of implementing. Soon, however it will be used organization wide. It addresses the problems of needing financial data in customized formats and reported on quickly.
  • Reporting - it's easy to use and very easy to customize for different info various stakeholders may need.
  • Automating budget process based on various formulas, drivers, etc.
  • Ease of building scenarios and comparing scenarios through reporting.
  • Org structure - have a field for a code and a name separately, similarly to how the GL accounts work - this will eliminate the need for mapping.
  • Ability to auto sync org structure info from outside GL software.
  • Ease of reporting
  • More timely reporting
  • Ability to forecast in future
Adaptive is great for budgeting and forecasting and playing with various scenarios through different budget versions. It is also great for variance reporting. It is not so great for companies that may be making many changes to their organization structure frequently as it does get manual having to sync this to Adaptive.

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
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
Not Rated
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated