Item: AlphaSense
Rating: 10
Author: Verified User

Use Cases and Deployment Scope

While I leverage AlphaSense for various use cases, the two I will cover in the review are Competitive Intelligence and Market Analysis. Firstly, I leverage AlphaSense towards the end of every quarter to delve into our competition's earnings calls and fillings. The two features that have easily saved me 50% of the time are the table explorer, which looks at all previous documents and trends similar tables, and the generative AI earnings call summaries. Market Analysis is also a big use case for AlphaSense with its large collection of after-market research which can be leveraged. These can be related to specific organizations or markets as a whole.

Pros and Cons

Great user interface
Best search feature around
Combining tables from multiple different financial documents
Summarizing Earnings Calls

Generative AI summaries will not load 5% of the time.
Sometimes the option to calculate Q4 in the table explorer is not visible when it should be.
Sometimes I will leverage the portfolio monitor and it will highlight a different company than I have selected.

Return on Investment

Efficiency/productivity gains
broader content sources
access to after market reports

Usability

The user interface is very intuitive compared to other similar platforms like CapIQ Pro. The ability to query using key words along with the bank of synonyms is very useful and saves a lot of time. The dashboard system and watchlist are also well-positioned for a seamless transition when switching between different areas of interest.

AlphaSense Market Intelligence

AlphaSense has allowed my team to get updates on the demand of developments in our competitive landscape through the searches and alerts functions. I have set up various alerts on my profile that updates me on the overall market every week. I would be setting up way more alerts if I wasn't already on the platform daily.

Alternatives Considered

S&P Capital IQ

AlphaSense provides a much more user-friendly UI/UX than S&P's Capital IQ. It has the same, if not more content, and is much easier to jump in and use without needing months of training to know where everything is. There are a few features like stock price tracking that CapIQ has which AlphaSense does not but those are easy features to add in from my perspective.

Key Insights

Do you think AlphaSense delivers good value for the price?

Yes

Are you happy with AlphaSense's feature set?

Yes

Did AlphaSense live up to sales and marketing promises?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Other Software Used

SurveyMonkey, monday.com, Microsoft Excel

Likelihood to Recommend

AlphaSense is appropriate when performing market analysis, competitive intelligence, and due diligence. It has all of the information in one place so I don't have to go circling the internet to find information. For these three applications, I can't think of anything I have to go outside of AlphaSense for.

AlphaSense Review 2024

Overall Satisfaction with AlphaSense