Forecast.it is a project portfolio management solution built around features such as resource planning and time tracking, budget estimating, and analytics and reporting, with key third-party integrations.
$29
per seat (billed annually)
Workday Adaptive Planning
Score 7.9 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
Adaptive was already being implemented when I joined the company, but we have heard that Anaplan has better capabilities but the cost is significantly higher.
I was not involved in the selection process, but have interfaced with TM1 to our parent company. My personal experience has found Adaptive to have greater responsiveness.
Adaptive's cloud-based solution suited our business model better. Its simplicity of use and ease of implementation whilst providing a robust platform made it the best choice.
Lower cost (1/3 to 1/2) than the enterprise class applications. Faster development and lower cost of ownership. Better UI and flexibility of design. More efficient storage/database model.
I used extensively the Hyperion Planning tool use the Essbase technology. Adaptive has several easier to use functionalities and does well compared to that tool. Adaptive, is a cloud-based solution which enables easy access not requiring a vpn connection. Also, being …
I have used Hyperion, Prophix, and an internally-developed Access based solution for budgeting, along with Excel. I honestly never want to be in a non-Adaptive environment again. It has most of the flexibility and ease of Excel, without the version control and linking issues …
As noted in the last question, I love not needing developers and programmers involved in simple changes. Oracle is great for larger businesses where more control and global development is required.
We took a look at some (then) similar packages to Adaptive Insights in our selection process. Forecast Pro was the leading competitor at the time of our decision. Forecast Pro was less expensive in the long run but was much more difficult in set-up, implementation and …
Verified User
Consultant
Chose Workday Adaptive Planning
Part of a NetSuite implementation for my most recent client; in other systems selections I've been a part of, it was chosen for cost, feature set, and support.
With Hyperion, there was always additional time associated with IT involvement, whether it was to add to the organizational structure, currency rate calculations etc. In Adaptive Insights there is no need for IT intervention - AI is truly real-time information when you need it. …
Verified User
Administrator
Chose Workday Adaptive Planning
Adaptive has more flexibility than other programs to not only create complex formulas but to link information so that updates flow through multiple sheets if needed. Adaptive is really designed for large companies but is user friendly and customizable for a smaller company to …
We used Excel, and macro laced Excel workbooks for planning in the past, and for any ad-hoc customized reporting. Excel was clunky, difficult to maintain, and links were breaking left and right. Allocated departments were often changing their budgets, which had downstream …
Verified User
Director
Chose Workday Adaptive Planning
Host Analytics which we also reviewed in-depth (saw demos, had department heads and users to sit in on demos, talked to vendor supplied references with both companies, asked same list of standard questions)
Adaptive planning was: