Adaptive Admin Review
Overall Satisfaction with Adaptive Suite
Titan International, Inc. primarily uses the Adaptive Planning module to consolidate Actuals and Planning versions into a single source environment. Titan also gathers metric data, detailed sales information, and capital spending projects through various inputs and data loads. With the data housed in Adaptive, Titan has the ability to populate various monthly/quarterly reports, packs, and presentations using a single tool. Titan has 50+ locations around the world and every location uses Adaptive Planning.
One of Titan's weakest areas is technology (multiple outdated ERP systems). As Titan is currently implementing a worldwide Cloud ERP system, Adaptive has functioned as the "glue" for data gathering and collaboration (instead of Microsoft Excel).
- Very reliable cloud solution as there is hardly any down time. Less stress knowing that colleagues around the world have the ability perform their duties without the hassle of errors, waiting times, etc.
- Certain areas look and feel like Microsoft Excel. Seamlessly copy from Excel and paste into Adaptive. This helps people adopt Adaptive quicker.
- Adaptive's administration, customization and formula writing can be very powerful even without the need of an IT professional. This greatly reduces setup time of building models, input sheets, etc.
- Adaptive's support team is very efficient and resourceful. It's nice not having to wait for an answer.
- If a company is involved with multiple currencies in Adaptive, expect to use workarounds for weighted average exchange rates. Ex. YTD Income on the balance sheet.
- The workaround was not difficult but this seems to be a missing functionality.
- Adaptive's Excel add-in called OfficeConnect should function more like Oracle Essbase with drill downs and expansion.
- Some limitations on Adaptive's dashboarding tool called Discovery. Ex. Viewing Year over Year without the need of a workaround.
- Adaptive has paved the way towards a more standardized view of our company.
- Adaptive has made it possible for our company to compile full year forecasts at an ongoing pace (monthly).
- Personally, Adaptive has reduced the overtime spent on building reports, packs and presentations.
We selected Adaptive over Hyperion because Adaptive implementation involved far less IT expertise. We also did not have any involvement with other Oracle products at the time. Adaptive appeared to be an easier platform to adopt.
Judging from a short webinar of Hyperion, Adaptive appears to have much more customization for model building with its robust formula writing capabilities.