My experience with Adaptive Insights
November 08, 2017

My experience with Adaptive Insights

Tom Trudeau | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

Overall I'm happy with AI.
We use Adaptive Insights for planning and reporting. Department users around the globe use the system for planning and then for reports.
  • Looks and feels like Excel, so easy for users to adapt.
  • Allows for many levels of the organization globally.
  • Provides data in a matrix organization.
  • We have a few challenges with how the level work. It is not always intuitive.
  • It would be beneficial if we could report different time frames. One for management reporting and one for statutory reporting.
  • It would be great if we could use the same base data and report one way as sales revenue and another as amortized revenue.
  • Has dramatically reduced the effort and time to produce budgets and forecasts.
  • Has dramatically reduced the effort and time to produce monthly reporting.
  • Allowed for a self-serve environment where end users can produce their own reports.
Improved accuracy and faster reporting cycles have been clear gains for our organization.
Allowed for easier analysis with drill down capability and more time given less time is needed to produce the reports in the first place.
It has been several years since our search and I do not recall the other vendors, but we assessed a half a dozen products before buying AI.
It rolls up budget data instantaneously and does allocations as data is updated.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
10
Forecasting
10
Scenario modeling
Not Rated
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
10
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
8
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
9
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
10