Overall Satisfaction with Adaptive Suite
DCC uses Adaptive Insights for planning and budget across 40 business units. Those 40 business units are geographically dispersed across Canada. Adaptive Insights has allowed us to transform our planning and budgeting from an Excel model that required a lot of maintenance to an easy to use format user have adoption easily. It has also shortened the time it takes to do monthly financial reporting. The additional benefit is the dashboard capability that we didn't have before.
- Easy to use and implement.
- The organizational hierarchy makes it easy to roll up business units into regions and the company as a whole.
- It has made the reporting function easier at month end.
- The processes set up need to be able to assign multiple users to each task. The way it works, the tasks are assigned to each individual user.
- The workflow for lower levels in the hierarchy could be enhanced to make it easier to find for users.
- For managing reports, it would be nice to be able to drag and drop them between folders.
- The amount of time for management budgeting models and freed up time to analyze the results and provide strategic feedback.
- The budgeting and forecasting cycle by end users is greatly improved and ease to use which has reduced the administrative burden of budgeting.
- The additional capabilities in Discovery including dashboard is a significant improvement to the way we report.
The data quality and accuracy has been improved as part of the report because we are not entering data manually into spreadsheets for reporting. Data is linked to Adaptive Insights which also makes much faster to prepare the financial reports for the organization.
Dashboards are just starting to be used but the possibilities are really exciting.
I am able to spend more time of helping to improve the business as I'm not inputting data in spreadsheets to create reports. Plus the reports are more accurate as there are no manual input errors.
In our evaluation process we looked at Hyperion and Cognos TM-1. The level of customization and professional services required to implement were significantly higher with these other 2 solutions. Adaptive is much easier to learn and doesn't require long term consultant support. It's also easier to change with your changing needs.