Adaptive Planning Reviews & Pricing

by Workday, Inc | Founded 2003, Pleasanton, CA

REQUEST WITH NO OBLIGATION$ Request Pricing Get Free Demo

Overview Pricing Benefits Reviews Features

Categories:

What is Adaptive Planning?

Industry Specialties: Life Sciences, Nonprofit, Manufacturing, Insurance, Public Sector, Retail and Higher Education

Adaptive Planning expedites planning, modeling, budgeting and prediction for enhanced decision making. It's suitable for all industries and available on the cloud. Establish benchmarks and initiate balanced boundaries.

Top modules include balance sheet cash flow, revenue, expense management, workforce modeling and capital management. It can improve precise budgeting and planning operations and assess numerous data set situations. It also facilitates company housekeeping and leaders to maximize a healthy working atmosphere.

PRICE

COMPANY SIZE

DEPLOYMENT

PLATFORM

Try Before You Buy.

Request a Free Demo Today!

Request Demo

It's completely free!

Product Screenshots and Videos

Adaptive Planning Pricing

Based on our most recent analysis, Adaptive Planning pricing starts at $3,000 (Monthly).

Get Price Quote

Price: $
$
$
$
$

i
Starting From: $3,000
Pricing Model: Monthly
Free Trial: Yes, Request for Free

Training Resources

Adaptive Planning is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Adaptive Planning:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Adaptive Planning Benefits and Insights

Why use Adaptive Planning?

Key differentiators & advantages of Adaptive Planning

Implement In-Depth Analyses: Grab real-time, detailed information for better adaptation and push solid strategies instead of numbers.
Expand Model Testing: Draft and evaluate models with complete analytical tools to pinpoint ideal growth trends and shift priorities when plans deviate.
Execute Numerous Plan Types: Construct daily, monthly, quarterly or long-term budgets and predictions to better align with lengthy fiscal goals in one place.
Conduct Effective Collaboration Methods: Initiate one centralized area to access and share information, workflows, security and more for better collaboration and keep everyone on the same page for estimates and budgets.
Leverage High-Powered Adaptability: Leverage the machine learning in-memory engine to monitor and conform to plan adjustments.

Industry Expertise

Adaptive Planning caters to multiple sectors, including hospitality, life sciences, retail, financial services, healthcare, higher education and nonprofits.

Synopsis of User Ratings and Reviews

Based on an aggregate of Adaptive Planning reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Ease of Use: Adaptive Planning receives consistent praise for its user-friendly interface and intuitive design. Users with varying levels of technical expertise find it easy to navigate and operate, reducing the learning curve typically associated with complex ERP software. The drag-and-drop functionality and clear data visualizations contribute to a smooth and efficient user experience.
Cloud-Based Flexibility: As a cloud-based solution, Adaptive Planning offers the advantage of accessibility from anywhere with an internet connection. This eliminates the need for on-premises hardware and software installations, providing businesses with greater flexibility and scalability. Users appreciate the ability to access critical financial data and collaborate with team members remotely, enhancing productivity and responsiveness.
Robust Reporting and Analytics: Adaptive Planning's reporting and analytics capabilities empower users to gain valuable insights from their financial data. The software offers a wide range of pre-built reports and dashboards, along with the ability to create custom reports tailored to specific business needs. Users can easily analyze trends, identify patterns, and make data-driven decisions to optimize financial performance.
Integration Capabilities: Adaptive Planning integrates seamlessly with various other business systems, such as CRM, HR, and payroll applications. This integration eliminates data silos and ensures data consistency across different departments. Users value the ability to connect their financial data with other operational data, providing a holistic view of the business and facilitating more informed decision-making.

Cons

Limited Functionality: Adaptive Insights, while proficient in financial planning, may lack the comprehensive features required for all-encompassing enterprise resource planning (ERP) needs. For instance, it may not offer robust functionalities for managing human resources, supply chains, or customer relationships, potentially necessitating additional software solutions.
Customization Challenges: Adaptive Insights' customization options can be somewhat rigid, making it difficult for users to tailor the software to their specific workflows and unique business requirements. This inflexibility can lead to inefficiencies and frustration for users accustomed to more adaptable ERP systems.
Integration Complexities: Integrating Adaptive Insights with existing software infrastructure can pose challenges due to compatibility issues or intricate data mapping processes. These integration hurdles can impede seamless data flow and hinder the efficiency of business operations.
Cost Considerations: The subscription-based pricing model of Adaptive Insights can be a significant financial commitment for some organizations, particularly smaller businesses with limited budgets. The cost factor, coupled with potential additional expenses for implementation and support, may deter cost-conscious users.

Researcher's Summary:

Adaptive Planning has garnered a reputation for its user-friendly interface and robust reporting capabilities. Users frequently praise its intuitive design, making it easy for finance teams to navigate and generate reports without extensive training. The drag-and-drop functionality and customizable dashboards are particularly popular, allowing users to tailor the system to their specific needs. Compared to other ERP software options, Adaptive Planning excels in its ability to handle complex financial modeling and forecasting. Its scenario planning tools enable users to create multiple "what-if" scenarios and analyze the potential impact of different business decisions. This feature is especially valuable for organizations operating in dynamic markets or facing uncertain economic conditions.

However, some users have noted that Adaptive Planning's implementation process can be time-consuming and require significant IT resources. Additionally, while the software offers a wide range of features, some users find that certain functionalities, such as expense management, are not as comprehensive as those offered by competing products like Oracle NetSuite or SAP. These limitations may necessitate the use of additional software solutions, potentially increasing overall costs and complexity. Despite these drawbacks, Adaptive Planning's strengths in financial planning and analysis make it a compelling choice for mid-sized to large businesses with complex financial needs. Its ease of use and powerful reporting capabilities empower finance teams to gain deeper insights into their data and make more informed decisions, ultimately driving business growth and profitability.

Key Features

Balance Sheet Cash Flow: Use flexible and straightforward self-service variance reports for business-wide utilization. Automate and streamline financial protocols to keep an eye on strategies and expansions.
Expense Management: Remove information silos with driver-based expense forecasting and in-depth, incremental budgeting. Integrate this module with other back-end platforms to create a single information hub.
Revenue Management: Perform drilled-down assessments to ensure strategies align with company objectives.
Workforce Modeling: Execute company-wide planning and joint operations. Manage current headcount plans and associate fees to ensure plans fit budget parameters.
Capital Management: Conduct expense distributions via an equipped rules engine. Plot fees efficiently.