Adaptive Insights Pricing, Features, Reviews & Comparison of Alternatives

Adaptive Insights

Enterprise planning software for agile budgeting & reporting

4.48/5 (165 reviews)

Adaptive Insights overview

What is Adaptive Insights?

At Workday, we’re powering a new generation of enterprise planning and analysis. Driving business agility with enterprise planning in a fast-moving world, Workday Adaptive Planning helps people in companies collaborate, gain insights, and make smarter decisions, faster. Powerful modeling and analytics for any size organization, yet so easy for anybody who plans. Our cloud-native planning and analytics applications enable organizations of all sizes to adapt to a changing world and shifting business conditions with confidence and agility.

Workday Adaptive Planning is positioned as a Leader in Gartner's 2019 Magic Quadrant for Cloud Financial Planning & Analysis Solutions Report.

Budgeting and Forecasting

With Workday Adaptive Planning, you can reduce the time and energy your finance team spends on spreadsheet-based planning. Instead, you can focus your time on strategic analysis and higher-level business decisions, driving better business performance. Workday Adaptive Planning can help you make faster, more informed, and simply better business decisions.

Self-Service Reporting and Analysis

With the drag-and-drop capabilities available in Workday Adaptive Planning, reports are easy to create and edit. They reflect real-time data and give you a view of the entire business. You can drill down into corporate metrics, operational performance, and key performance indicators to quickly identify patterns and problem areas.
Streamlined Allocations

Workday Adaptive Planning allows you to streamline the process of reassigning values from one part of your organization to others by replacing multiple complex formulas with easy-to-create allocation rules.

Multiple Currency Management

With Workday Adaptive Planning, you can deal with multiple currencies effortlessly. Financial and currency logic simplifies departmental and global planning. Multiple features, such as Automatic Currency Exchange or Cumulative Translation Adjustment, eliminate the complexities of multiple currency management.

Model Building and Administration

With Workday Adaptive Planning, you can create and maintain multidimensional finance models with no coding required. The intuitive interface accommodates all types of modeling—workforce, capital, and revenue—across businesses of any size or industry.

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, Japan, United Kingdom

Supported languages

English, French, German, Japanese, Portuguese, Spanish
Adaptive Insights screenshot: Adaptive Insights Budgeting Audit Trail ExampleAdaptive Insights screenshot: Adaptive Insights Budgeting Sparkline ExampleAdaptive Insights screenshot: Adaptive Insights Forecasting Visualization with WaterfallAdaptive Insights screenshot: Adaptive Insights, OfficeConnect Reporting Example

Adaptive Insights reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.3
  4.2
  4.4
Ben Gibson

Great software to project us into the next level of strategic finance.

Used daily for 6-12 months
Reviewed 2016-09-13
Review Source: GetApp

Overall, Adaptive Insights has been a great software to work with. AI has increased the FP&A departments productivity during month end close and review by multiple days.

Pros
- The software is a cloud based, so you will have access anywhere you have the internet. - No more “this worksheet is locked by another user” message. - Imports and Exports to/from excel seamlessly…for those of you that like to work out of excel. - Dashboard capabilities for more real time department metrics and visibility to spend. - Rolling forecasting capabilities that allow us as a company to focus more on the future and less on the past. - Instant Company budget/forecast results. - Audit trails…never have to worry who, what, or when someone changed a number you budgeted or forecasted. All changes will be tracked. - Company-wide visibility to Personnel and Capex planning that drives the cost of benefits, IT equipment, and supplies.

Cons
- Software enhancements are only every 4 to 5 months. - Levels (Organization Departments) can be restricting to planning across multiple departments - Noting variances in a report can be tricky at times.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Krystyna Lanier

Adaptive Insights impresses even more than expected

Used daily for 1-2 years
Reviewed 2019-01-30
Review Source: GetApp

Pros
Our employees were used to working with Excel spreadsheets. We considered such an approach not completely effective, so our choice turned next to Adaptive Insights. There are no restrictions on the size of the documents. This program is synchronized with other applications, including such important for us solutions like SAP and Oracle. We like the high accuracy of the reports we can create on the tool’s base. It is also important that all data are in one place and don’t require much effort for their processing and analysis. Adaptive Insights is a multifunctional tool with a robust and well-thought-out suite of features. This application allows our employees to track finances, budgets, sales, resources, and labor contribution. With its help, our company’s managers are also able to collect divergent data, make various kinds of reports, build models, and make optimal business decisions.

Cons
It would be better if Adaptive Insights had an opportunity to filter for specific months while working with spreadsheets. This lack of functionality makes our work a bit confusing sometimes. We wouldn’t mind adding more advanced features to the planning tools as well. We believe it would behoove this product if it had several tutorial videos on how to use it to the full extent. Even though we find this tool user-friendly, it doesn’t mean at all that it is so for every company.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Lauren Sten

Direct Integration with netsuite

Used daily for 1-2 years
Reviewed 2018-02-27
Review Source: Software Advice

Pros
- direct integration with netsuite -ease of use once established -maintains various types of data including personnel information and financial reporting

Cons
- inability to run reporting on one entity (only runs in consolidation) - inability to modify reports without creating a new report - functionality to drill into detail is hit or miss

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 5/10

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michael schermerhorn

Just started

Used weekly for 6-12 months
Reviewed 2020-03-24
Review Source: Capterra

So far this does a great jobs with projections and actual for accounting. Also comparing both.

Pros
It is great for all different accounting needs. It seems to be pretty versatile. it allows for separating different lines of business and not allow others to mess with your projections.

Cons
You have to be really specific on what each line is and what will affect it. I find that I constantly having to ask or look up what goes into a field.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Jonny Linehan

Every FP&A Team Needs This Software

Used daily for 2+ years
Reviewed 2019-11-30
Review Source: Capterra

All of our budgeting, forecasting, and executive reports come from the data that we keep in Adaptive. We have found Adaptive Insights to be very reliable and a software we can count on for accuracy. This is key in FP&A.

Pros
We use Adaptive every single day and I could go on and on about everything I like, but the number one thing I like is Adaptive OfficeConnect. This is an add-on feature that connects Adaptive and Microsoft Office through the cloud so you can make changes instantly and see the results. This feature alone has been worth the price as it has saved our FP&A team many hours of meaningless work, and has allowed us to spend this extra time doing analysis for the company.

Cons
The basic features of Adaptive are easy to learn; however, the back-end within Adaptive is very complex and if you are new to the software you will spend a lot of time scratching your head. Their support team is useful but I wish there were more free training tutorials instead of having to pay for training.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Adaptive Insights pricing

Pricing options
Free trial
Subscription
View Pricing Plans

Workday Adaptive Planning drives value with a total cost of ownership that's up to 75% lower than traditional alternatives. Our products are licensed on a simple subscription basis. Our pricing model is based on the base price plus user seats.

Adaptive Insights features

API
Activity Dashboard
Audit Trail
Customizable Reporting
Multi-Currency
Real Time Data
Reporting & Statistics
Workflow Management

Accounting Integration (158 other apps)
Accounting Management (169 other apps)
Automatic Notifications (159 other apps)
Billing & Invoicing (174 other apps)
Compliance Management (173 other apps)
Data Import/Export (167 other apps)
Electronic Payments (156 other apps)
Expense Tracking (157 other apps)
Invoice Management (221 other apps)
Invoice Processing (142 other apps)
Real Time Reporting (124 other apps)
Third Party Integration (186 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for Adaptive Insights

Key features of Adaptive Insights

  • Integrated Financial Statements
  • Cloud Access
  • Drag-and-Drop Report Builder
  • Customizable Reports
  • Sharing Documents
  • Revenue Planning
  • Easy-to-Use Interface
  • Data Integration
  • Capital Asset Planning
  • Automatic Data Consolidation
  • Flexible Budgeting and Forecasting Tools
  • Automated Data Rollup
  • Self-Service Reporting
  • Automated Currency Exchange Calculations
View All Features

Benefits

Workday supports enterprise teams with financial planning and analytics software that helps effectively align demand for services with funding. We understand that every nonprofit organization has unique challenges and our software is flexible and scalable to meet your business needs.

With automatic consolidation and data integration, as well as a streamlined system for financial statements and models, you can spend your time and money on the most valuable opportunities.

Workday Adaptive Planning also enables you to drive better business decisions with a centralized application that automatically integrates plan data and actuals from your GL as well as other transactional systems such as HCM and CRM.

With built-in, real-time workflow, Workday Adaptive Planning enables managers to maintain visibility and stay up to date with the latest business data and metrics. You and your team will be better equipped to proactively manage change as you're able to model outcomes and what-if scenarios, and make more informed decisions based on the latest data.