Adaptive Insights earned the highest scores in the Gartner 2019 Critical Capabilities for Cloud Financial Planning and Analysis Solutions report for lower midsize organization use cases, upper midsize use cases and for business unit use cases.
Gartner’s Critical Capabilities for Cloud Financial Planning and Analysis Solutions report examines the strengths of different vendors offering financial planning and analysis solutions as it relates to specific use cases. The goal of the research is to help organizations assess products and compare products that most closely meet their business needs. Overall Gartner found that many of the vendors covered in the research “improved year-over-year scores in critical capabilities.” The report continues, “this indicates that maturity levels and satisfaction associated with cloud offerings in this market are rapidly improving.”
Gartner’s assessment of Adaptive Insights includes the following highlights:
- Top quartile scores for ease of implementation
- Top quartile scores for ease of use and maintenance
- Top quartile scores for financial budgets and plans
Additionally, Gartner writes “Adaptive Insights improved its scores across all capabilities this year, with financial budgets and plans and IFP/modeling showing the largest improvements.”
Adaptive Insights Scores 4.40 out of 5.0 in Lower Midsize Organization Use Case
Gartner defines “lower midsize organization” as “small public or private organizations between $50 million and $250 million in annual revenue.”
Adaptive Scores 4.32 out of 5.0 for Upper Midsize Organization Use Case
An “upper midsize organization” is defined as “midsize public or private organizations with $250 million to $1 billion in annual revenue.”
Adaptive Insights Scores 4.34 out of 5.0 in Business Unit use case
This category is for business units in large organizations.
According to Gartner, the research “analyzes how successfully the selected vendors support FP&A processes, as well as the successes of their respective solutions in terms of use and adoption.” In addition to Adaptive Insights, the report includes Anaplan, BOARD International, CCH Tagetik, Host Analytics (now Planful), IBM, Jedox, Kaufman Hall (Axiom Software), Kepion, OneStream Software, Oracle, Prophix, SAP, and Vena Solutions.