Which product is better for FP&A: OneStream XF or Adaptive Insights?

Here are some of the pros and cons of OneStream XF and Adaptive Insights for FP&A in the professional services industry:

OneStream XF

Pros:

• Unified platform for FP&A, budgeting, forecasting, and planning


• Ability to handle complex data structures


• Strong integration with other applications


• Scalable

Cons:

• Can be expensive


• Requires a significant upfront investment


• The learning curve can be steep

Adaptive Insights

Pros:

• User-friendly interface


• Easy to learn and use


• Cloud-based and can be accessed from anywhere


• Good value for the price

Cons:

• Not as scalable as OneStream XF


• Not as strong integration with other applications


• May not be able to handle complex data structures

If you need a unified platform that can handle complex data structures, then OneStream XF may be a good option. Adaptive Insights may be the better choice if you are looking for a user-friendly solution that is easy to learn.

Regarding whether to use a third party to run and maintain everything versus doing it internally full-time, here are some pros and cons:

Using a third-party

Pros:

• Frees up your internal resources, which allows you to devote more time to other tasks


• Can provide expertise and experience that you may not have in-house


• Can be more cost-effective in the long run

Cons:

• Can be more expensive upfront


• May not be as responsive to your needs


• May not be as flexible as having your own team

Doing it internally full-time

Pros:

• You have more control over the process


• You can be more responsive to your needs


• You can be more flexible in terms of how you use the system

Cons:

• Requires more resources


• May not be as cost-effective in the long run


• You may not have the expertise or experience in-house

If you do not have the resources or expertise, you could consider using a third party or doing it internally may be the best option for as long as you have the knowledge and resources.