RE: Adaptive Insights Cost

How much does it cost to purchase and implement Adaptive Insights?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Accounting.
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1 Answers

Software price

Adaptive Insights offers a subscription-based pricing model. The cost of the license varies based on the plan and the number of users. For example, the Business plan starts at $1,000 per month for 10 users, while the Enterprise plan starts at $2,500 per month for the same number of users. For larger organizations with 1,000 users, the pricing can range from $20,000 per month for the Business plan to $50,000 per month for the Enterprise plan. Global enterprise pricing is available upon request.

Plans compared

Adaptive Insights offers three main plans: Team, Business, and Enterprise. The Team plan is designed for small teams and includes basic planning and reporting features. The Business plan offers more advanced features such as data integration and modeling. The Enterprise plan includes additional features like advanced analytics and collaboration tools.

Plans fit

The Team plan is best suited for small businesses and startups that require basic financial planning and reporting capabilities. The Business plan is ideal for growing companies that need more advanced features and scalability. The Enterprise plan is tailored for large enterprises with complex planning needs and a large user base.

Other cost

Implementation costs for Adaptive Insights can vary depending on the complexity of the organization’s requirements. On average, implementation can range from $10,000 to $50,000 for small to medium-sized businesses. Customization costs are optional and can range from $5,000 to $20,000. Training costs also vary, with prices starting at $500 per user for basic training.

One time fees

Adaptive Insights is a cloud-based solution and does not require any specific hardware or servers. There may be additional costs for data migration and integration, which can range from $5,000 to $20,000. Other one-time fees may include setup and configuration costs, which can vary based on the organization’s needs.

Alternatives compared

Compared to top alternatives like Anaplan, IBM Planning Analytics, and Oracle Hyperion, Adaptive Insights offers competitive pricing with a strong focus on ease of use and scalability. While Anaplan and IBM Planning Analytics may offer more advanced features, Adaptive Insights provides a cost-effective solution for businesses of all sizes.

Verdict

Adaptive Insights is competitively priced compared to its alternatives, with a pricing grade of 85 out of 100. The software offers a range of plans to suit different business needs and sizes, making it a cost-effective choice for organizations looking to improve their financial planning and analysis processes.

Vice Professor Answered on July 3, 2024.
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