Adaptive Insights vs Board comparison

Workday and Board International are both solutions in the Business Performance Management category. Workday is ranked #9 with an average rating of 8.2, while Board International is ranked #10 with an average rating of 7.5. Additionally, 100% of Workday users are willing to recommend the solution, compared to 94% of Board International users who would recommend it.

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Executive Summary

We performed a comparison between Adaptive Insights and Board based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Adaptive Insights vs. Board Report (Updated: November 2024).

Buyer's Guide

Adaptive Insights vs. Board

November 2024

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Categories and Ranking

IBM Cognos

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

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.

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Andrew Rosenberg

Adaptive Planning Manager at Alight

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.

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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

"The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report."

"The most valuable feature is developing reports from different data sources, making it a reliable data source."

"A positive feature is Report Studio, where we create beautiful, complex reports."

"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."

"The initial setup is very straightforward."

"Security administration tools are powerful and flexible."

"The initial setup is quite straightforward."

"Integration with Office can enable the 'download' mode of storytelling."

More IBM Cognos pros

"It's very stable."

"Automated reporting."

"We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization."

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

"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."

"The integration with our payroll system to complete staff modeling during our budget and forecast processes."

"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."

More Adaptive Insights pros

"It has a good set of visual elements that you can use and can explain quite well."

"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."

"All the reports are prepared automatically."

"It allows people to quickly create dashboards with reports."

"The tool seems to have a lot of ways to handle scaling."

"I liked the way that I felt as a user and administrator of it. There were a lot of clicks, drops, drags, etc. versus writing code."

"By using Board we can do a lot of free analysis. We can change the layout of a table and even the end-user can change the layout of a table. And in Board 11.2 you can save the layout. That's very useful for the customer, it's a very good function."

"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."

More Board pros

Cons

"They should provide improved visual reporting."

"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."

"I would like for the platform to become more standard. If we make a development on our report and our dashboard, it will not be used in another solution. That means there is no portability for the developers."

"There are a lot of limitations with the out-of-the-box tool."

"It is a costly product; it is comparatively expensive."

"I would like to have predictive and forecasting capabilities in Cognos. It's one thing to do reporting, and another thing to easily predict or forecast certain data points, which is very important for all the clients."

"There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data."

"I think the GIS pieces maybe not as good as we would like."

More IBM Cognos cons

"Their customer support team is slow to respond and not extremely confident."

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

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

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

"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."

"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 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."

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

More Adaptive Insights cons

"It's very powerful, but there is also a big learning curve. It should be a little more intuitive."

"I would like to see better relationships with the partners."

"Sometimes, the data disappears from the product."

"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."

"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."

"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."

"We can't delete entities and cubes in Boards because it interrupts our whole data model."

"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. "

More Board cons

Pricing and Cost Advice

"It is averagely priced."

"The solution is affordable."

"The cost of IBM Cognos it's more or less the same as most of the other solutions on the market. They're very competitive with the rest of the market and it is not the most expensive product."

"The pricing of this product is meant for medium to large-scale enterprises."

"On a scale from one to ten where one is low pricing and ten is high pricing, I would rate this solution at eight."

"It is pretty expensive."

"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 ."

More IBM Cognos pricing and cost advice

"It's affordable."

"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."

"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."

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

"Adaptive Insights' pricing is reasonable."

"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."

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

"In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."

"Find a partner who will take responsibility for the implementation, and be available for support."

"It is not the cheapest product on earth, but you get so much. It provides good value for money."

"The tool's price is a bit high compared to other solutions."

"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

56%

Financial Services Firm

Computer Software Company

Government

Computer Software Company

16%

Financial Services Firm

10%

Real Estate/Law Firm

Legal Firm

Computer Software Company

14%

Financial Services Firm

11%

Manufacturing Company

Wholesaler/Distributor

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 ...

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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.

See all answers

What needs improvement with IBM Cognos?

I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...

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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...

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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...

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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...

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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...

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 ...

See all answers

Comparisons

Microsoft Power BI vs IBM Cognos

Compared 13% of the time

Tableau vs IBM Cognos

Compared 10% of the time

Oracle Hyperion vs IBM Cognos

Compared 10% of the time

Amazon QuickSight vs IBM Cognos

Compared 8% of the time

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 7% of the time

More IBM Cognos Competitors

Microsoft Power BI vs Adaptive Insights

Compared 14% of the time

Tableau vs Adaptive Insights

Compared 13% of the time

IBM Planning Analytics vs Adaptive Insights

Compared 13% of the time

QPR Metrics vs Adaptive Insights

Compared 10% of the time

Oracle HFM vs Adaptive Insights

Compared 9% 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

Oracle Hyperion vs Board

Compared 12% of the time

IBM Planning Analytics vs Board

Compared 9% of the time

CCH Tagetik vs Board

Compared 8% of the time

More Board Competitors

Product Reports

Buyer's Guide

IBM Cognos

November 2024

Download IBM Cognos product report

Buyer's Guide

Adaptive Insights

November 2024

Download Adaptive Insights product report

Buyer's Guide

Board

November 2024

Download Board product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning

No data available

Learn More

IBM

Workday

Board International

Overview

IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.
IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.
IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.
IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.
IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.
IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

Reviews from Real Users

IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

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

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

Buyer's Guide

Adaptive Insights vs. Board

November 2024

Free Report: Adaptive Insights vs. Board

Find out what your peers are saying about Adaptive Insights vs. Board and other solutions. Updated: November 2024.

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