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Anaplan Vs Adaptive Insights

Anaplan

Anaplan's modern platform provides large-scale collaborative planning and decision-making across every area of your business. The platform was built in the cloud to address increasing data volume and variety, including data from unstructured and online sources. It leverages standards-based data integration that can bring in data from any source. To meet real-time modeling and calculation demands, Anaplan combines the benefits of cube, columnar, and cell-based frameworks with an in-memory modeling environment and a multi-threaded calculation engine.

With volatility at an all-time high, your Plans and Forecasts can be out of date as soon as they are complete. In this constantly changing landscape, Financial Planning and Analysis (FP&A) teams need to be able to quickly adapt and forecast multiple scenarios on a rolling basis with flexibility and ease.

This can’t be done in a vacuum. FP&A teams need to be in sync with planning across your business in real time so you can develop plans and forecasts that reflect the reality of today’s challenges. Anaplan can hyperscale computing and connects signals, plans, and resiliency across your organization.

Anaplan also has data visualization capabilities, flexible encryption for enhanced security, application lifecycle management (ALM) to ensure real-world success and tools to help organizations understand how changes to data sources and planning models interact and impact each other.

Anaplan features include:


Adaptive Insights

Adaptive Insights is a web-based corporate performance management software for budgeting, reporting, and forecasting for any size business. Adaptive is also deployed on a cloud platform. Adaptive Insights is a tool that has a lot to offer, but it’s important to make sure you’re choosing the right software for your company and its unique needs. When it comes to modeling Adaptive Insights falls short of Anaplan, which allows you to add different scenarios into the application and see how they will likely affect your company and your future plans. This is important if you are in an industry that is very reactive to environmental changes (whether political, financial, or the actual environment) where you need to model potential changes to identify how best to safeguard your business and take advantage of future opportunities. Adaptive Insights also falls short in forward planning. Forward planning is related to modeling, but there are subtle differences. Modeling allows you to see what will happen if there are changes in the business environment, while forward planning helps you identify what to do about it and how your reactions to the change is likely to affect your business.

Partner SpotLight

Anaplan

Anaplan is the planning cloud for Sales, Operations, Finance, and HR. We built our platform from the ground up to empower you to plan, collaborate, and act-in real-time. Anaplan enables you to deploy easy-to-use applications to solve complex planning challenges across your organization.

Anaplan Profile

Our Company

MindStream Analytics' senior staff was there at the birth of Business Intelligence. We have been part of building Business Intelligence nationally from its humble niche product status to the ubiquitous analytic tool that it is today. MindStream consultants are well versed in reporting and information management and are ready to help you leverage the power of multiple tier-1vendors. From Oracle Hyperion to IBM Cognos, we can help you select and integrate the right tools for you to better understand your information. MindStream Analytics has experience across a wide variety of industries: Business Services, Consumer Products, Energy, Financial Services, Healthcare, Manufacturing, Transportation , and Telecommunication. We have the depth and breadth of experience to help you deliver actionable information to users.

At MindStream Analytics, our team is made up of business and technical experts with years of experience with performance management, business intelligence, and advanced analytics. Our knowledgeable consultants can help your organization understand which planning solution is right for your company.

Case Studies

Accumen

Thanks to the intervention of MindStream Analytics, Accumen's Finance department can now model their business with a new, more organized structure that isn't conventionally available in NetSuite.

Acme Brick

Acme Brick turned to MindStream Analytics for help implementing OneStream to replace their outdated TM1 solution.

Alterra

Alterra sought the expertise of MindStream to address the challenges they faced in their Capital Planning process.

ATCO Group

Energy conglomerate ATCO operates worldwide in utilities, power generation, and related services.

Avalon

Working with MindStream Analytics, Avalon Healthcare Solutions adopts NetSuite Planning and Budgeting to accelerate budgeting and forecasting processes.

Bayer Health Care

Bayer Healthcare implemented Hyperion Planning and Workforce Planning in 10 weeks to dramatically streamline their Income Statement budget and Workforce Planning process..

BluEarth

MindStream Analytics' partnership with BluEarth Renewables epitomizes the power of technology and collaboration.

Celgene

An Oracle Hyperion Planning Upgrade provides multi-national organization Hyperion Application optimization and stabilization.

Cleaver Brooks

OneStream XF was chosen as the platform that would transform Cleaver-Brooks' Finance processes.

CoorsTek

The collaboration between CoorsTek and MindStream resulted in significant improvements in CoorsTek's financial consolidation and reporting processes.

Elite Body Sculpture

MindStream Analytics' collaboration with Elite Body Sculpture encapsulates the transformative potential of targeted tech solutions in streamlining administrative processes.

Enlyte

Enlyte, a merger of Mitchell, Genex, and Coventry, faced challenges with disparate financial solutions and the need for combined reporting.

Flanders

MindStream Analytics collaborated with Flanders to implement OneStream Consolidation and Reporting solution.

Foley Products

Foley Products was facing a significant challenge with its Excel-based actual management reporting system.

Harte Hanks

The collaboration between MindStream Analytics and Harte Hanks culminated in a highly customized, user-friendly NetSuite implementation.

Interface

Interface used a complex, manual, excel-based FP&A process for monthly review, and the summary data was loaded in OneStream.

Kymera International

Thanks to Mindstream Analytics' assistance, Kymera was able to load all of their data into OneStream and validate it successfully.

MacLean Fogg

MacLean-Fogg partnered with MindStream, a leading implementor specializing in modernizing and optimizing enterprise systems.

MEPPI

MindStream's expertise and experience were sought to conduct a vendor selection initiative focusing on MEPPI's F2023 planning process.

OUAI

MindStream Analytics and OUAI's collaboration showcases the transformative power of strategic technological intervention.

Plaskolite

By migrating to OneStream, Plaskolite has achieved a material reduction in consolidation time and overall Financial Close cycle, eliminated the hours spent compiling and verifying data in Excel, streamlined its Planning, Budgeting and Forecasting model and delivered flexible and timely reporting that enables more strategic analysis of their financial data.

Redwire

Understanding the nuances of Redwire's challenges, MindStream Analytics devised a holistic approach to overcome them. The implementation of NetSuite was just the beginning.

Simon

Simon's existing corporate Hyperion Financial Management (HFM) production application was consolidating at a rate of seven hours, a performance issue causing great headache to corporate Accounting.

Source Code

The successful transition to OneStream revolutionized Source Code's financial reporting.

Subway

Subway collaborated with MindStream Analytics for the NetSuite Analytics Warehouse implementation.

UPenn

MindStream Consulting and AppCare team members are proud be working side by side with UPenn university in accomplishing this implementation and along with continuing our AppCare services after go-live.

USG

USG was an Oracle Hyperion customer realizing that it needed more specialized support for its various Oracle Hyperion applications.

Vantiv

Dividing a hyperion planning application, expanding the hyperion footprint to forecast on the business? Customer categories.

Versant Health

Versant Health engaged MindStream to help resolve the challenges they were experiencing with their consolidation, close, and financial reporting processes.

Virginia Spaceport Authority

The MindStream team implemented the Standard + Workforce NetSuite Planning & Budgeting.

WeWork

MindStream Analytics determined that the best solution was to implement Oracle Essbase Cloud as part of the Oracle Analytics Cloud (OAC) platform-as-a-service

WindStream

Innovative use of essbase to streamline and connect hyperion financial management for enhanced financial analysis.

XY Planning

MindStream Analytics, well-versed in addressing such challenges, presented a comprehensive Netsuite solution for XY Planning.