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Adaptive Insights vs UNIT4 prevero comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Adaptive Insights
Ranking in Business Performance Management
9th
Average Rating
8.4
Number of Reviews
18
Ranking in other categories
Financial Performance and Strategy Management (3rd), Reporting (11th), Data Visualization (12th), ESG Reporting Software (5th)
UNIT4 prevero
Ranking in Business Performance Management
22nd
Average Rating
0.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Adaptive Insights is 3.8%, up from 2.7% compared to the previous year. The mindshare of UNIT4 prevero is 1.1%, up from 0.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

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.
AS
May 6, 2022
Workflow is straightforward and simple to understand, but there should be more automation and more simplicity from an end-user point of view
There is a little bit of reliance upon understanding the syntax of the actions that you want to take. Some of the other competitors have moved forward with that in terms of being able to make it more drag and drop and more logical, but there is still some way to go for UNIT4 in doing that, but they're getting there. With all these things, automation helps. The more they can do to simplify some of the complexities from the financial reporting, evaluation, and analysis sides, the better it would be. I'd like to see more automation and more simplicity from an end-user point of view.

Quotes from Members

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

Pros

"It's very stable."
"Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."
"The integration with our payroll system to complete staff modeling during our budget and forecast processes."
"We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization."
"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."
"Reports are allowed to be edited for aesthetic purposes, which is lacking in a lot of other dashboard tools."
"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."
"Its workflow is straightforward and simple to understand."
 

Cons

"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."
"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."
"The product's configuration process could be faster."
"Better user interface (UI)."
"The upload feature exists, but isn't terribly useful."
"Their customer support team is slow to respond and not extremely confident."
"Adaptive Insights could improve the data designer interface to make integrations easier to set up."
"There is a little bit of reliance upon understanding the syntax of the actions that you want to take. Some of the other competitors have moved forward with that in terms of being able to make it more drag and drop and more logical, but there is still some way to go for UNIT4 in doing that, but they're getting there. With all these things, automation helps. The more they can do to simplify some of the complexities from the financial reporting, evaluation, and analysis sides, the better it would be. I'd like to see more automation and more simplicity from an end-user point of view."
 

Pricing and Cost Advice

"It's affordable."
"Everything is negotiable, but this solution is low cost compared to others."
"Licensing seems to be worth the cost considering the efficiency Adaptive brings."
"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."
"Adaptive Insights' pricing is reasonable."
"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."
"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
"It's perhaps on the slightly richer side of pricing for the markets that we focus on because we tend to focus on the SME or the small to medium enterprise market, whereas a lot of UNIT4 ERP customers are in local government, universities, etc. Some years ago, they were launching an initiative to be keenly priced for that SME market, but today, the foot has come off the accelerator a bit. It isn't the cheapest, but it is also not the most expensive one."
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Top Industries

By visitors reading reviews
Computer Software Company
16%
Financial Services Firm
10%
Real Estate/Law Firm
7%
Legal Firm
6%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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.
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 ...
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...
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Also Known As

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
prevero, Winterheller
 

Learn More

 

Overview

 

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
Amprion GmbH, BKW AG, Bocholter Energie- und Wasserversorgung GmbH, DEW21, DSW 21, Energienetze Mittelrhein GmbH & Co. KG, EWR Netz GmbH, FairEnergie GmbH
Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: October 2024.
814,649 professionals have used our research since 2012.