Adaptive Insights Review

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Last updated: Sep 07, 2018

Adaptive Insights Review

10 reviews
(5/5)

Starting from $800 Per year/user

Adaptive Planning is a cloud based application developed to facilitate operations such as budgeting, reporting, forecasting, performance indicator analysis, cost accounting and consolidation. It was designed by

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What is Adaptive Insights? Updated: Sep 07, 2018

Adaptive Planning is a cloud based application developed to facilitate operations such as budgeting, reporting, forecasting, performance indicator analysis, cost accounting and consolidation. It was designed by a company by the same name founded in 2003.

Today Adaptive Planning offers its business performance management tool to more than a 1,000 clients. The software is been used by more than 20,000 individuals all over the world.

Adaptive Insights Average Rating -

The average rating of Adaptive Insights is 5 stars. The rating is based on 10 aggregated online reviews.

Adaptive Insights Typical Customers

Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning. Adaptive Planning has customers in the Business Services & Consulting fields. Examples include Aztec, United Data Technologies, Knowledge Networks, ProKarma and Synovate.

Customers relying on this software in the manufacturing sector are AGCO, Yamaha Motor, Toyota Danmark, The Greenfield Group, Philips Lifeline Systems, Nissan and Bridgestone Industrial Products.

Other sectors that will certainly need this software are banking, insurance, Media & Publishing, Computer Hardware & Networking, mining and nonprofit organizations.

Adaptive Insights Features

Adaptive Planning was developed to help you achieve world-class performance management. It can be used to help you reduce CPM cycles by automating the data consolidation and integratiing with other systems.

The software can be used to make better decisions based on facts with the use of a centralized application that compares actual data to plan data.

Adaptive Planning can also help a business person improve participation among management team by providing an interactive tool that facilitate data collection and real-time reporting.

Adaptive Insights 5 Pros

  • Adaptive Insights currency exchange system is fully automated
  • The CPM cycle time is reduced, which reflects on the cost
  • Adaptive Insights allows better decision making based on factual data
  • Adaptive Insights improves participation between team members
  • Adaptive Insights is accessible through the cloud, allowing flexible access options

Adaptive Insights 2 Cons

  • Adaptive Insights only supports English
  • Adaptive Insights does not Support ab open API, or Google Apps

Adaptive Insights Alternatives

The two main competitors for Adaptive Insights are SAP BI and Targit.

SAP BI is focused on providing collaborative performance intelligence by providing data analytic tools which can be shared using its SAP JAM platform. The product supports workflows which can be easily configured to monitor performance KPIs, as well as access data dynamically from multiple sources to provide real-time information insights. Additionally it also supports integration with third party software for performance reporting, and includes performance dashboards with customizable visual reporting to aid in decision making.

In comparison Adaptive Insights looks to combine business intelligence and performance management in one suite of products. Its features include forecasting, planning and consolidation together with data discovery, integration of multiple data sources and visual reporting to provide one view of the entire corporation’s performance status. In addition reporting is based on benchmark and KPI analysis with proactive alerting to avoid performance issues.

Targit on the other hand is also focused on performance analytics but includes a free product trial as well. Its stand out feature is its performance story board which displays visually the history and status of performance objectives. Targit uses this to drive performance targets by ensuring employees are aware in real-time of achievements at different organizational levels.

While Adapative Insights does not support this concept, it does include scorecards which can be used to rate performance on individual, department and corporate levels so that users can use self discovery to track performance achievement.

Adaptive Insights Pricing Information

Annual subscription pricing is around $800 per user.

25 MUST Ask Questions Before Buying Business performance management Software

The prime purpose behind investing in the software solution is to boost efficiency and growth. Ask the software vendor (Adaptive Planning) how their business app would improve efficiency of your enterprise.
Adaptive Insights has tremendous exposure to different companies. They offer the same type of software to different industries, so they are better aware of who is doing what with their technological product. This also helps them understand and foresee what’s really working. Allow them to share their observations so that you get an ideas about their experience, expertise, and intelligence. This will also be an opportunity to identify the service providers who come up with the most insightful suggestions.
Perhaps your business is growing, will expand in the future and your Business performance management requirements with it. So you would be interested to know if Adaptive Insights is scalable and can grow with you. It’s no use investing in a solution that can be scaled.
Each business has different needs. Yours is no different. When it comes to selecting a software solution, you are looking for a tool that can be easily customized and configured to cater to your specific business needs. So you want to understand if Adaptive Insights you want to buy is easy to customize.
Such a community forum is the best way to engage users. Getting access to Adaptive Insights forums can help new or proposed users connect with product experts through peer-to-peer discussions.
Adaptive Insights should answer how their business software will improve your bottom line and ROI.Most service providers make tall claims, so you want to make sure you get your hands on the best solution.
Before choosing a business app, you want to understand that the implementation would be smooth. So you should be interested to find out about the person responsible for handling the implementation process. Do not hesitate to ask Adaptive Insights about their qualifications.
A good software vendor should be able to show you a positive track record with their implementation strategy.Try to find out if Adaptive Insights method is structured. Your purpose should be to look for one that is structured and flexible to adapt to unexpected situations.
The software vendor should give you a structured data conversion methodology that will enable smooth migration of your information to the new system.
A growing business is always in need for expansion and integration with thrid-party apps is a part of the growth model. When it comes to choosing software, make sure the business app provides an application programming interface for easy integration.
Ask the software product vendor if the tool will allow you to export data to an external file or import data from external sources.
Ask the software vendor (Adaptive Planning) if the software package includes consulting hours. Do not hesitate to ask if there are any hidden charges involved.
You do not want to be caught unawares when a software vendor sends a technician to resolve an issue that may crop up due to varied reasons. You want to make sure the charges are reasonable. Better still, you should be aware of what needs to be paid to the technician sent by the vendor to fix a problem.
You do not want to fall in love with the front end unless you are 100% sure that the software is compatible with your existing system. Ask the software vendor is you need any specific hardware to install the software. Will the business application run on your existing workstations. How much space will the software take on the disk drive? Is there a need for RAM upgrade to successfully run the software for optimum performance?
You should enquire about the cost of having more than one terminal in your store. While some software vendors charge on the basis of the number of store locations, others charge per terminal.
When you are looking for a software solution, make sure you know if the vendor charges any fee to get you started. You should also be interested to know if there are any software maintenance charges for you to pay.
Your business is accountable to customers, regulators, employees, and partners. So you should look for one software vendor who has adopted a comprehensive, technically sound security and compliance program. Does the vendor map your needs for security controls?
Data loss can prove extremely risky for any business. So you should always ask the vendor about their backup policy. How often is data backed up and what is the cost for the same?
What is the software vendor's policy on disaster recovery? Are any charges involved for disaster recovery support if a catastrophic hardware failure affects your system?
How easy is the software to work on? Is it user friendly for your end users? Does it involve any complexities that are difficult to understand for the team? Even a feature-rich solution is of no use if end users find it difficult to use.
Adaptive Planning should clearly mention whether the solution is complex or simple to use. If it is not an easy-to-use software solution, then do they provide training? What is the level of training your team requires to make the most of the solution?
You will be interested to know about the software updates. When is it updated? Does the service provider notify customers when the upgrades are scheduled? Does the software work when the upgrades are under way? How long does the process take?
You should be interested to enquire about how an issue is handled at the side of the software vendor. Do not hesitate to question about who will respond to your emergency calls. What is their experience in software industry?
If the software vendor is widely popular, chances are that they have a good product. So always check their client base to measure their product's competence in the market.
Testing is crucial to ensuring that the software runs as promised. So you should try to find out if the vendor offers any free trial runs or try before you buy the product. By testing the concept first, it gets easier to understand the software product's functionality and allay fears before signing a contract.


Adaptive Insights Categories


Specifications

Company:
Address: Adaptive Planning Inc, Landings Drive, Mountain View, CA
Customers: Start up, Small business, Medium business, Large business
Business Area: Cross Business Areas, Finance management
Platforms: Desktop, Cloud
Operating Systems: Mac OS, Windows, Linux


Adaptive Insights Features


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