Adaptive Suite - I recommend this product
October 18, 2017

Adaptive Suite - I recommend this product

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

Overall Satisfaction with Adaptive Suite

The software is very intuitive to use, both as an administrator and as a budget holder.
We currently use Adaptive Suite for organizational budgeting/forecasting, as well as for life of grant reporting. The software is used across the whole organization (approximately 40 users). All users have direct access to Adaptive Suites to run monthly reports, as well as for use when they are entering budget data into the system.
  • The software is fairly intuitive for non-finance colleagues to use.
  • Adaptive Suite continues to make ongoing improvements to the software, mainly based on input from its customers.
  • The help desk is VERY responsive and great at following up to ensure that your issue was resolved.
  • Zero suppression of columns.
  • More powerful report writing function.
  • Monthly reporting cycle for Management Reports is very short
Through the use of Adaptive Suite, the main improvement has been a faster reporting cycle. Once the month-end is closed reports are made available to budget holders typically within the same day, There has been some improvement in data quality as the account code combination feature in Adaptive Suite helps quickly highlight incorrect combinations of codes.
Adaptive Suite has had a significant impact on my role. By using the software we were able to improve and standardize month-end reporting which has allowed me more time to spend on improving the quantity and quality of the organization's financial analysis and reporting.
Adaptive Suite is well suited to produce reports where the template can be set ahead of time. "Zero suppression" for rows is a big help for producing useable reports! Adaptive Suite's report writer is not the most dynamic reporting solution. One of its biggest issues is that it does not have "Zero suppression" for columns.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
10
Forecasting
10
Scenario modeling
Not Rated
Management reporting
7
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
5
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
10
Excel data integration
10
Direct links to 3rd-party data sources
5