ACT NOW
Write a review
Terms & Conditions
Write a Review & Win Career Coaching
Complete one or more product and/or service provider reviews for a chance to win sessions with renowned executive career coach Cindy Kraft.

Planning Software

User's Picture
Posted Wed, 06/30/2010 - 8:04am by Kate Stiles (Accounting Manager)

Details

My company is in the process of looking into a Planning software and moving our budgeting/forecasting process out of Excel.  Currently I've been looking at Cognos 8.0 Planning & Adaptive Planning.

We are a $10M company.  I'am pretty computer savy and would prefer to do most implementation and setup on my own and save the company money.  I've seen demo's of Adaptive Planning's system that makes this look possible.

Do you use either of these? How well do they work for you? Did you implement them yourself?  How did that go if you did? Why did you pick it? 

If you use another software, what? Why did you pick it?  Pricing?

Any insight would be really appreciated!

Thank you,
Kate Stiles

  • Business Planning
  • Software and Systems
  • 1605 reads

Comments

User's Picture

Just implemented Adaptive Planning...

by Steven Pica (CFO) - 07/01/2010 - 11:00am

Hi Kate, I just went through an Adaptive Planning implementation. We were up and running before our free trial expired and we did the implementation ourselves. (two people) I am happy to discuss my experience with you if you want more information about AP.

Best,
Steve

You must register or login for full access

1 out of 1 members found this useful
User's Picture

Just implemented

by Kate Stiles (Accounting Manager) - 07/02/2010 - 1:42pm

How big is your company? Did you do any other vendor research? If so, why did you choose Adaptive?

You must register or login for full access
User's Picture

Adaptive vs. Cognos

by Paul Benedetto (CFO - Controller, & Cons) - 07/01/2010 - 12:43pm

If you know how to run a GL, then you should have limited hiccups with implementation of Adaptive; especially for anyone who has build financial / budgeting models within excel.

I have not used Cognos, have only reviewed demos in the past, but the cost structure appeared high.

I am a big proponent of web-based systems, especially for companies that have limited IT infrastructure to lean on.

Adaptive will run you b/t $700 to $950 per year, per user (subscription model, per seat). Implementation and training can run b/t $2500 and $12,000, depending on the complexity of the organization, especially if you opt to have AP hold your hand. You can do it mostly/all on your own though.

In full disclosure, I like the progam so much that I recently became a resale and implementation partner with AP; as it fits well with my consulting practice. Feel free to shoot me additional questions and I will do my best to answer, without any kind of sell job... Thanks.

You must register or login for full access

2 out of 2 members found this useful
User's Picture

Adaptive Planning Implementation

by Bob Katz (President) - 07/23/2010 - 8:13am

Hi Kate

I've been a VAR Partner with Adaptive since 2006; implementation can be as short as a week depending on the complexity of your currency Excel model and G/L integration (or other databases)

Be happy to help if you wish to discuss further.

(508) 353-3571
bkatzatfactservices [dot] com
FACTS (Financial Analysis and Control Technology Services)

You must register or login for full access

0 out of 1 members found this useful
User's Picture

Planning Software

by Dabney Wellford (CFO) - 07/23/2010 - 9:03am

Kate,

You may also want to consider Hyperion - it is on the expensive side, though.

You must register or login for full access
User's Picture

Planning Software

by Mark W (Partner) - 07/24/2010 - 5:48am

You should defintely look at Alight Planning (www.alightplanning.com). It is a very efficient package and is gaiining a lot of traction in the market place.

You must register or login for full access
User's Picture

Adaptive Planning

by Tom Kelly (Managing Director) - 07/24/2010 - 6:26am

I think that given the size of your company that Adaptive is the right fit. I have been using Adaptive sine 2005 and the version that is currently out is the best for the money. Alight is a good product but in my estimation too new. I am sure it will improve over the years in terms of features but for the money I would recommend Adaptive. Cognos, Hyperion are in my opinion too costly...even for the larger companies that use them.

If you are a NetSuite user there is a connector tool that allows for seamless uploading and downloading of information.

You must register or login for full access

1 out of 1 members found this useful