Overall Satisfaction with Adaptive Suite
Adaptive is being used across the whole organization for our planning and forecasting processes. We have over 40 users that actively use the system and engage in the planning process. The immediate consolidation of planning input into reports and seeing the results is the biggest benefit that the organization receives from using Adaptive. From a finance perspective, the ease of modeling, scenario and version control, and ad hoc analysis are big benefits.
- "Excel" type modeling - the formula logic, navigation, look and feel are very much like Excel. Additionally, the ease-of-use is enhanced by features like automatically copying across or down through cells with similar numbers or formulas that are repetitive. Single-click actions in general, are great.
- Integrity - unlike Excel, there is a much lower risk of unintended, accidental "fat-fingering". The confirmation requests when switching between pages/sheets to ensure changes are not lost are a huge benefit.
- Scenario modeling by simply copying existing models is priceless. It allows for looking at different outcomes based on different decision points. Additionally, you can look at side-by-side comparisons in a single model by comparing versions.
- OfficeConnect: Ability to open multiple files in the same instance
- Adaptive Planning: one-click expand and collapse of parent/child groupings in rows
- Adaptive Reports are not the easiest to format. Lack intuitive formatting, and clean results.
- Scenario modeling and version control are huge benefits - big positive impacts. Enables quick turn around, ad-hoc analysis/modeling
The integrity of the data has greatly improved. The quality and accuracy of how the data is handled, stored, and displayed are key strengths. The turnaround time to make changes while modeling is amazing.
Communication has improved a lot as well. The suite makes it easy to for people to access, and view their results in a real-time basis.
Overall, avoiding building financial models from scratch is a huge time saver. Having the stability of Adaptive to do planning without having to update the models year after year and then not having to worry about formula errors is great.
Adaptive has a much better interface and usability compared to all these systems. It is also less complex, easy to configure and install, and easy to teach. Adaptive is more affordable, both short and long term.