Adaptive is a damn good platform
October 18, 2017

Adaptive is a damn good platform

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

Overall Satisfaction with Adaptive Suite

Intuitive and easy interface
[It's] Used across the entire organisation for the submission of actual, forecast, and budget financial results plus supplemental desired information around customers, suppliers and employees and the consolidation thereof. Consolidated and segmented reports and insights are used by the CEO and CFO and divisional managers. Also used for the submission of all associated and required financial information by operating subsidiaries to enable the corporate office to generate full IFRS compliant financial statements as required of a publicly listed company. Also used by some entities to complete full financial planning for their business.
  • A good consolidation tool - adequately deals with multi-currency complications of a multi-national with careful configuration
  • Excellent, and easy to use reporting interface
  • Flexible and easy to use
  • Dealing with multi-currency requirements
  • Simpler integration with written reports
  • Improved our month end reporting times substantially (as it should, given an Excel model was used previously to consolidate ~40 entities)
  • Improved the quality of reporting and the ability to interrogate and analyse numbers and trends
  • Facilitates ad-hoc analysis easily
Quicker and easier access to information and more time to reflect and analyse rather than pull information together
Adaptive's cloud-based solution suited our business model better. Its simplicity of use and ease of implementation whilst providing a robust platform made it the best choice.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
5
Intercompany Eliminations
9
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
7
Financial Statement Reporting
7
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
8
Direct links to 3rd-party data sources
6