Tool that makes your finance life easy
July 28, 2017

Tool that makes your finance life easy

Zoltan Ilyes | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

We are using Adaptive Suite in our FP&A department, primarily for budgeting and forecasting.

Pros

  • The easiness of creating reports
  • Having all data stored on the cloud and access it whenever we want
  • The easiness of viewing the financial activity of the company over the time
  • Comparing different versions; i.e actual versus forecast/budget versions

Cons

  • Selecting and copying multiple cells
  • Easier formula view structure
  • Changes made by the user log keeping
  • Saves time, which results in us using the extra time on other projects
  • Saves time which results in less manpower need, thus saving on expenses
  • Minimizing errors, since you have everything up in the cloud and you can lock different versions
User friendly view, easier more visual ability of creating reports
Great for budgeting and forecasting, less useful in the accounting area for bookkeeping

Workday Adaptive Planning Feature Ratings

7.2
Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
6
Management reporting
6
5.4
Financial data consolidation
4
Journal entries and reports
4
Multi-currency management
7
Intercompany Eliminations
5
Minority Ownership
7
Local and consolidated reporting
7
Detailed Audit Trails
4
7.4
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
8
XBRL support for regulatory filing
4
7.2
Personalized dashboards
7
Color-coded scorecards
7
KPIs
6
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
7
7.0
Flat file integration
6
Excel data integration
8
Direct links to 3rd-party data sources
7
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

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