Adaptive Insights vs Board comparison

Workday and Board International are both solutions in the Business Performance Management category. Workday is ranked #8 with an average rating of 8.2, while Board International is ranked #10 with an average rating of 7.7. Workday holds a 4.0% mindshare in BPM, compared to Board International’s 5.9% mindshare. Additionally, 100% of Workday users are willing to recommend the solution, compared to 94% of Board International users who would recommend it.

Adaptive Insights

Read 18 Adaptive Insights reviews

635 Views
445 Comparison Views

100% willing to recommend

Board

Read 36 Board reviews

1,135 Views
801 Comparison Views

94% willing to recommend

Adaptive Insights

Board

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Executive SummaryUpdated on Dec 19, 2024

Adaptive Insights and Board compete in the financial planning and analysis software category. Adaptive Insights holds an advantage in customer support and pricing, whereas Board's comprehensive feature set and strong ROI make it a preferred choice despite its higher price.

Features: Adaptive Insights provides robust budgeting, forecasting, and reporting capabilities, allowing seamless collaboration and integration with accounting systems. It emphasizes a user-friendly design. Board focuses on data visualization, analytics, and business process modeling, providing tools for complex strategic planning.

Room for Improvement: Adaptive Insights could enhance its data visualization options, expand analytics capabilities, and offer more in-depth strategic modeling. Board might improve its user interface for ease of use, simplify initial deployment, and increase cost-effectiveness for smaller companies.

Ease of Deployment and Customer Service: Adaptive Insights is known for a straightforward cloud-based deployment, offering strong support during the integration process. Board provides flexible deployment options, both on-premises and cloud, with skilled support, though it may require a more thorough setup.

Pricing and ROI: Adaptive Insights offers a competitive pricing structure with scalable options and lower upfront costs for a quicker ROI. Board, though requiring a higher initial investment, justifies the cost with its capabilities, resulting in substantial long-term ROI.

To learn more, read our detailed Adaptive Insights vs. Board Report (Updated: January 2025).

Buyer's Guide

Adaptive Insights vs. Board

January 2025

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Review summaries and opinions

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

Categories and Ranking

Adaptive Insights

Ranking in Business Performance Management

8th

Ranking in Reporting

12th

Average Rating

8.4

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (3rd), Data Visualization (11th), ESG Reporting Software (5th)

Board

Ranking in Business Performance Management

10th

Ranking in Reporting

20th

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd)

Mindshare comparison

As of January 2025, in the Business Performance Management category, the mindshare of Adaptive Insights is 4.0%, up from 2.9% compared to the previous year. The mindshare of Board is 5.9%, up from 5.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Brian Teets

Workday Adaptive Planning Manager at Accenture

Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance

There's a tool called Office Connect that leverages what I call the benefits of both worlds, where we can use the query reporting engine and the modeling engine that's in Adaptive Insights and leverage it into, like, an Excel spreadsheet. That's pretty popular with a lot of our client partners. Also, the ability to build models to do revenue models or expense or personal planning, and bottoms-up planning. Really, having a tool for a single source of truth. So when you have a lot of typical when we think of the process where a lot of planners are involved, separate spreadsheets. And if you have a lot of people involved, then you have that. Usually, it can be a nightmare. Trying to, right, aggregate that together. So, the aggregation option of the tool is really a big plus.

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Wiboon Thabsuwan

Senior Consultant at IMD Company Limited

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.

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Quotes from Members

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

Pros

"Automated reporting."

"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."

"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."

"The biggest feature is the source of truth for all of our budget and forecast versions."

"The most valuable feature of the solution is its dashboard."

"Forecasting changes that instantly flow through all financial statements."

"It's very stable."

More Adaptive Insights pros

"All the reports are prepared automatically."

"we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget."

"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."

"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."

"The flexibility and the user-experience are the most valuable features of the solution."

"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."

"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."

"We have better reporting and have been able to better track performance."

More Board pros

Cons

"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."

"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."

"Users continue to become more advanced and are looking for more advanced solutions."

"Adaptive Insights could improve the data designer interface to make integrations easier to set up."

"The upload feature exists, but isn't terribly useful."

"We tried Discovery and OfficeConnect at one point and found them too cumbersome, at the time."

"Better user interface (UI)."

"Being able to drill down when using OfficeConnect needs work."

More Adaptive Insights cons

"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."

"We would like to see better logging in the procedural world."

"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. "

"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."

"We are looking for ways to distinguish zeros versus nulls in BOARD."

"We have had some challenges with newer version of the rollout in terms of stability."

"The one thing that I think we would like to see in terms of improvement of the application is the ability to print. It's fantastic to have all of these graphic visualization of data, but we're not able to very easily just print... From my perspective, if you can have a little "print" button and then you just click it and it would produce what's on the screen, that would be very helpful."

"The initial setup was very complex for us."

More Board cons

Pricing and Cost Advice

"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."

"Licensing seems to be worth the cost considering the efficiency Adaptive brings."

"Everything is negotiable, but this solution is low cost compared to others."

"It's affordable."

"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."

"Ensure that you have the proper pricing plan in place."

"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."

"Adaptive Insights' pricing is reasonable."

"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."

"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 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."

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Top Industries

By visitors reading reviews

Computer Software Company

15%

Financial Services Firm

10%

Real Estate/Law Firm

Hospitality Company

Computer Software Company

13%

Financial Services Firm

13%

Manufacturing Company

10%

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

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 headcount, other expenses, and revenue, everything is configurable within Workday.

See all answers

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 years ago. So, it's affordable. But there are other more affordable solutions that ...

See all answers

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 room for just improving the integrations, making it easier to integrate outside sys...

See all answers

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 generated, the focus is generally on compiling input from various sources and simu...

See all answers

What do you like most about Board?

All the reports are prepared automatically.

See all answers

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 like to leverage or prioritize predictive analytics as the main feature, but som...

See all answers

Comparisons

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Tableau vs Adaptive Insights

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Microsoft Power BI vs Adaptive Insights

Compared 13% of the time

Planful vs Adaptive Insights

Compared 12% of the time

QPR Metrics vs Adaptive Insights

Compared 11% of the time

More Adaptive Insights Competitors

Anaplan vs Board

Compared 29% of the time

SAP Analytics Cloud vs Board

Compared 13% of the time

Pigment vs Board

Compared 11% of the time

Oracle Hyperion vs Board

Compared 11% of the time

Microsoft Power BI vs Board

Compared 10% of the time

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Product Reports

Buyer's Guide

Adaptive Insights

January 2025

Download Adaptive Insights product report

Buyer's Guide

Board

January 2025

Download Board product report

Also Known As

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning

No data available

Learn More

Workday

Board International

Overview

Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes.

With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

Sample Customers

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

Buyer's Guide

Adaptive Insights vs. Board

January 2025

Free Report: Adaptive Insights vs. Board

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