Adaptive Insights Pricing, Features, Reviews & Comparison of Alternatives

Pros
The product if very adaptable. We recently went through a sell process where we were sold by a public company to a private equity firm and back to a public company within a two and half year period. Adaptive was very key to providing the analysis and financial information required for the sell process. While with the private equity firm we changed to a fiscal year but they required us to report both fiscal and calendar year numbers. We also had to push the various EBITDA adjustments back into the financial statements for comparative purposes. I also like the customer service and the fact that Adaptive pushes out a couple of major releases each year to add new functionality requested by the user community.

Rating breakdown

Likelihood to recommend: 10/10

Pros
Allows so many different ways to breakdown data. Great customer support. The respond quickly and are very knowledgeable. Easy to manage users with different access levels. Adaptive is always working to enhance or update features. The platform develops continuously, which is great for the large user base. Hosts free webinars every so often. Can be accessed from anywhere as long as you have internet access.

Cons
The learning curve is steep, it takes a lot of time to really get comfortable with the platform. Not a lot of video tutorials. The terminology can be confusing sometimes. Adaptive is open to technical/programming suggestions but often take time to be enacted. You sometimes have to wait for the next release to get the issue resolved.

Rating breakdown

Likelihood to recommend: 9/10

Pros
I love the ease of creating a budget and the ability to quickly create a new forecast. Adaptive has created a formula wizard that is similar to excel, which makes it easy for excel based planners to easily adapt. Adaptive also has an excel interface for reporting, OfficeConnect which makes reporting even easier. They have also created an upload feature to easily maintain your hierarchy, dimensions and attributes. For a company as large as ours it makes the maintenance of the system easier. Since Adaptive is Cloud based there is no sharing excel files. I can work with anyone in my organization from anywhere and we are all able to access the same file. Since everything is housed in Adaptive we are able to collaborate easier and make better decisions.

Cons
There is always room for improvement and Adaptive is always listening to its customers. There are some features that make reporting a little clunky, rollups. They recently updated the reporting tool within Adaptive, but it doesn't seem as user friendly as the older version. Hopefully over time it will be easier to use.

Rating breakdown

Likelihood to recommend: 10/10

Pros
I would claim everything AI offers to be satisfactory enough for me and my team, but there are some things that need to be underlined. Firstly, an ease of use and adaptability make the platform the most apposite of the kind in terms of efficiency. Secondly, there are no flaws in analyzing data concerning financial operations at all, which reflects in AI’s work by its predestination. I like the way a customer service is made in. There are not really that many opportunities to contact those who are responsible for dealing with customer dissatisfaction, but all of them work and work better than I thought. Online help is available for everyone who uses this piece of software, and this option is pretty much all that an average user may need at this point.

Cons
I don’t think there’s anything that would deserve being mentioned in a section about disadvantages, but for the amount of time required to get to know how the program is to be operated with, which, to be honest, at first seemed confusing to me as well. There’s also a lack of possibilities to learn all the needed stuff from tutorials and user guides, as there are not really that much of them. Besides that, though, usage of AI is more than beneficial.

Rating breakdown

Likelihood to recommend: 8/10

Pros
With installing Adaptive Insights it has become possible to manage our budget much more effectively. We have been using AI for quite a long time now, and so far haven’t considered replacing it by anything else. This program has everything we need in work. If you need a solid assistant that would reduce the time spent on dealing with financial disorders of your organization, Adaptive Insights is exactly what you should give a chance to. I think it would be better to get familiar with some available learning materials in advance, so that there will be no need in wasting time on that in the process.

Cons
There’s a list of programs similar to this one, which have their integration abilities holding back an overall potential visibly. This is not about AI, though. During installation and linking all needed software to it inside the network, I didn’t get to face any considerable problems. The only thing that bothers a bit is, like was already mentioned, the time needed to figure everything out.

Rating breakdown

Likelihood to recommend: 9/10