I used Oracle Hyperion. It was too complex, and too costly, to have to maintain it. Adaptive planning was truly a tool that the finance team could own and operate, which is pretty historic. So, that is why we switched to this solution.

I had used something called Microsoft Forecaster which is no longer in license, not in production. So, I was in the license a while ago, and so that was my prior experience. Because it was the end of life. And, also, the Microsoft product was it was very clunky and cumbersome to try and create new versions. So it took a long time to do that.

So, that's why we switched to Adaptive.

Our company went for Adaptive Insights as it is a fully integrated system. It is also an older technology.

Adaptive Insights offers ease of maintenance and focuses on finance. It has relatively low implementation costs compared to other competing tools. It integrates and connects with Workday, if you have chosen Workday as a near-peer ACM solution.

Previously used spreadsheets. Switched to provide a much better, complex, and easier to manage planning and reporting solution.

Just Excel for financial reporting. We switched because it is clunky, breakable, and our versioning was problematic.

Essbase and Smart View.

We previously used Excel spreadsheets.

I did not previously use a different solution.

Not applicable.

We left our previous solution, because annual support was expensive and the product had developed many glitches and performance issues.

Just used Excel/Google sheets. We needed a financial planning software so we could eliminate spreadsheet errors and be more dynamic in our planning.

No.

Were using Excel before the switch, as it was nearly impossible to consolidate over 100 Excel files, each for one business unit. It took over two hours to consolidate, versus one minute in Adaptive.

We did not use any other solution.

Not applicable.

Not applicable.