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Adaptive Insights vs Board comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Cognos
Sponsored
Ranking in Reporting
4th
Average Rating
8.0
Number of Reviews
134
Ranking in other categories
BI (Business Intelligence) Tools (7th)
Adaptive Insights
Ranking in Reporting
11th
Average Rating
8.4
Number of Reviews
18
Ranking in other categories
Business Performance Management (9th), Financial Performance and Strategy Management (3rd), Data Visualization (12th), ESG Reporting Software (5th)
Board
Ranking in Reporting
20th
Average Rating
8.4
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (23rd), Business Performance Management (10th)
 

Featured Reviews

Carlos Larrad Salgado - PeerSpot reviewer
Jul 27, 2022
Improved the quality of our KPIs, while reducing calls to the IT department
I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.
Andrew Rosenberg - PeerSpot reviewer
Dec 20, 2023
Adaptive scales well, simple to create new budget versions and models
For the organization I used to work at, it streamlined the process of creating budgets. It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday. So that made it easy. Reporting was pretty easy to set up as well. It streamlined the amount of time it took to do the budget as well as kind of making it simple to implement a rolling forecast process. So, it really was more just a productivity increase and time shortening for the budgeting and forecasting process.
Wiboon Thabsuwan - PeerSpot reviewer
Jul 17, 2024
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"IBM Cognos improves the effectiveness of the sales team."
"The initial setup is quite straightforward."
"The initial setup was straightforward."
"Stability-wise, I rate the solution a ten out of ten."
"We use IBM Cognos for enterprise analytics and reporting."
"Mapbox integration for geospatial analytics down to longitude/latitude layers."
"Cognos is the best application with dashboards,batch reporting, jobs, events and ad-hoc reporting for business users."
"The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools."
"Forecasting changes that instantly flow through all financial statements."
"The most valuable feature of the solution is its dashboard."
"It helps develop a more unified work format throughout the company."
"The biggest feature is the source of truth for all of our budget and forecast versions."
"Automated reporting."
"The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily."
"The integration with our payroll system to complete staff modeling during our budget and forecast processes."
"Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."
"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."
"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."
"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."
"I think the product is good in terms of ease of use."
"The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly."
"It allows people to quickly create dashboards with reports."
"The ability to do write back and visualization, with minimal IT development orientation."
"Instead of taking two people a week each month to perform our internal KPI reporting, the same two people can have it done in a day."
 

Cons

"I think the GIS pieces maybe not as good as we would like."
"In terms of what could be improved, I would say, monitoring, monitoring, monitoring. Some improvements in monitoring would be helpful. I'd like to see more monitoring of specific reports and fields. The way the auditing is now is very limited, so I'd like to see more of that - of the monitoring."
"I would like to see the introduction of mapbooks for supporting some geographical information."
"It is a costly product; it is comparatively expensive."
"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."
"It could have more options for themes."
"Compared to Tableau and PowerBI, the IBM interface is easier to use. However, the drag-and-drop functionality isn't as straightforward. Formatting is also more challenging in the cloud than in other applications, like Power BI. Also, if you encounter an issue, it takes more time to resolve it on the formatting side."
"We need more predictive analytical functions, not only diagnostic or decryptic analytics."
"It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."
"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."
"Being able to drill down when using OfficeConnect needs work."
"Their customer support team is slow to respond and not extremely confident."
"The upload feature exists, but isn't terribly useful."
"Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals."
"Adaptive Insights could improve the data designer interface to make integrations easier to set up."
"Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image."
"It would be nice to have more connectors for other data sources. BOARD is a great tool to become the single source of the truth. Making it easier to connect data sources for niche software tools will make it easier to keep everything in one place."
"​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​"
"If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets​, I would like that going forward."
"I would like an eLearning platform for BOARD."
"It would be nice to be able to host your site and actually have BOARD be the driver of your site. So you could have anybody in your organization go to www.myorg.com, for example, and then go through what you allow them to go through. So rather than having to go through the application, to be able to go to actually host it to a website."
"It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly."
"We have had some challenges with newer version of the rollout in terms of stability."
"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."
 

Pricing and Cost Advice

"It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."
"The solution is affordable."
"There is need to assess the purchase license accordingly so as to avoid audit penalties."
"It is pretty expensive."
"The pricing of this product is meant for medium to large-scale enterprises."
"Pricing should be improved."
"I don't know the exact cost, but I believe Cognos is quite expensive, especially when it comes to the support consultants and the procedures that need to be applied."
"The pricing and licensing policies are comparatively cheaper than other products in the market ."
"Everything is negotiable, but this solution is low cost compared to others."
"It's affordable."
"Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."
"Adaptive Insights' pricing is reasonable."
"Licensing seems to be worth the cost considering the efficiency Adaptive brings."
"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
"Ensure that you have the proper pricing plan in place."
"Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."
"The tool's price is a bit high compared to other solutions."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"Find a partner who will take responsibility for the implementation, and be available for support."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
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Top Industries

By visitors reading reviews
Educational Organization
57%
Financial Services Firm
7%
Computer Software Company
5%
Government
4%
Computer Software Company
16%
Financial Services Firm
10%
Real Estate/Law Firm
7%
Legal Firm
6%
Computer Software Company
14%
Financial Services Firm
13%
Manufacturing Company
9%
Wholesaler/Distributor
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

Seeking lightweight open source BI software
It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...
What do you like most about IBM Cognos?
The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.
What needs improvement with IBM Cognos?
I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...
What do you like most about Adaptive Insights?
It's very simple to create a new version and do some more modeling based on your need for planning things like headc...
What is your experience regarding pricing and costs for Adaptive Insights?
12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few yea...
What needs improvement with Adaptive Insights?
The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up. So, there could be roo...
Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS ge...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would ...
 

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics
Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
No data available
 

Overview

 

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.
1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday
Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Find out what your peers are saying about Adaptive Insights vs. Board and other solutions. Updated: October 2024.
814,763 professionals have used our research since 2012.