Table of Contents

    Whether you are looking for the best alternative to Adaptive Insights or considering it for the first time, here are the key factors you should keep in mind. 

    1. Ease of Use
    2. Excel-based Workspace 
    3. Integrations
    4. Reporting Capabilities

    Beyond a Corporate Performance Management (CPM) software’s budgeting and reporting capabilities, other features, such as ease of use and seamless integrations, will ultimately decide if the software will be quickly adopted by your company. 

    Limelight is a modern and affordable FP&A platform that takes the best of a web-based platform and an Excel-environment to make our software easy to use and accessible. Finance teams can quickly build reports, forecasts, and budgets using data directly sourced from their ERP. 

    Both Limelight and Adaptive Insights have a collaborative planning process, drag-and-drop capabilities, and are web-based platforms, so what are the differences?

    In this article will look at Limelight and Adaptive Insights based on four key factors for finance team.

    Limelight vs Workday Adaptive Insights: Quick Comparison

    Feature

    Limelight

    Workday Adaptive Insights

    Ease of Use

    Intuitive, Excel-like interface. Quick to adopt with minimal training needed.

    Basic features easy to learn, but advanced functions require extensive training.

    Excel-Based Workspace

    Full Excel experience within a web-based platform — no need to switch between tools.

    Offers Excel add-in (OfficeConnect), requiring users to manage and learn two different interfaces.

    Integrations

    Direct, native integrations with leading ERP, payroll, and CRM systems.

    Relies on data loads or third-party tools to connect with ERPs and other systems.

    Reporting Capabilities

    Real-time, customizable reporting with drill-down features and interactive visualizations.

    Web-based reporting limited; most teams depend on OfficeConnect for detailed, formatted reports.

    Deployment Speed

    Fast deployment with minimal IT involvement.

    Longer setup time due to complex configurations and training needs.

    Collaboration

    Centralized platform for seamless, cross-department collaboration.

    Collaboration possible but less fluid due to multiple interfaces and learning curve.

    Overall Experience

    Familiar, modern, and highly flexible — ideal for teams seeking speed and simplicity.

    Powerful but complex, requiring more time and effort to master.

    1. Ease of Use  

    A simple and intuitive workspace helps teams quickly adapt to new software and enhance productivity. Your business can achieve better cross-departmental collaboration throughout the entire organization. Having a self-service software also leads to less of a reliance on IT and vendors, allowing your company to create the reports they need when they need them. 

    Limelight

    Limelight - Dashboard Screenshot with Drilldown - Final

    Limelight is a web-based tool with an Excel environment. Team members will find it easy to collaborate with access to their reports from several devices. The software is quick to deploy, and finance teams will be able to view their data in real-time and in a way that makes sense to them.

    With Limelight, you can easily create budgets, forecasts and reports with our intuitive workspace. Enabling faster data input means you will have more time for analysis and delivering key business insights.

    Adaptive Insights

    adaptiveinsights_officeconnect

    Adaptive Insights has basic features that are easy to learn, however, any advanced functions require training. Although the learning curve is steep, you can always purchase more training from their customer service team.

    Users will need to set aside a significant amount of time to learn the various processes, sheets, reports, and formula scripts in Adaptive Insights. Deeper customization is limited on their interface, so those needing fluid and complex models should be prepared for a longer training process.

    2. Excel-based workspace

    Excel is the preferred choice for finance and accounting teams, and your team is likely already using it to track and manage financial business processes. Depending on if you want to leverage your Excel skill set or find a complete replacement, choose a CPM software that aligns with your team’s preferred requirements.

    Limelight

    opex

    Limelight is a web-based application, however, we provide the full Excel experience and functionality. Limelight’s workspace is easy to use thanks to its Excel-based look, features and formulas. Finance teams will find the environment familiar and can easily create templates and reports just as they would in Excel.

    Adaptive Insightsadaptiveinsights_report

    Adaptive Insights is an entirely new system that users will need to learn. For example, users will need to adapt to new ways to enter formulas using Adaptive Insights’ scripting language. For teams who prefer to work in Excel, Adaptive offers an Excel add-in. However, that does mean users will need to access, learn and manage two interfaces.

    3. Integrations

    One large benefit of using automated FP&A software is the ability to integrate with ERPs and other data sources. With direct integration, data is pulled from your sources without manual effort, reducing the time and effort spent on gathering information for reports. Integrations also ensure data accuracy, so you can trust the numbers you are working with. Check to see if the CPM software offers integrations with the data sources your business uses currently and may want to look into in the future.

    Limelight

    limelight_integrations

    Limelight has direct and native integrations with leading ERP, Payroll and CRM systems to centralize and connect your data in one place.

    Adaptive Insights

    adaptiveinsights_integrations

    Many Adaptive Insights integrations work with either data loads or third-party tools. Any data you have in your ERP, accounting systems, and HR systems must be loaded into Adaptive Insights before you can start analyzing.

    4. Reporting Capabilities

    Every company needs FP&A software to better understand business performance and create strategies that lead to growth. The ability to drill down into details and look at a business from all angles can help beat out the competition. With a strong FP&A software tool, you can see the exact driving forces behind income and expenses. And with automation, you get an up to date view on your finances to make the most well-informed decisions.

    When choosing the best FP&A software, make sure it is customizable and can support anything from basic to advanced reporting. You want to be able to get your data into one place and create variance and ad-hoc reports to provide real-time insights.

    Limelight

    cashflow

    With Limelight, everything from budgets to forecasts to reports is all done on one platform, keeping your data centralized and giving you a more accurate overview of your business. Reporting is done in real-time and is highly formatted, allowing you to drill through to transactional level data. And for data visualization, Limelight has interactive charts that allow you to zoom into more details, so you can discover insights at a glance.

    Adaptive Insights

    adaptiveinsights_easeofuse

    Adaptive Insights offers reporting through their web console, however, its capabilities are somewhat limited. Users typically opt for their Excel Add-In OfficeConnect to create more detailed reports. Users can log into OfficeConnect to produce more formatted reports, and manipulate reports in Excel.

    CPM Software Evaluation Tips

    Choosing between two similar CPM software tools starts with evaluating your current financial planning and reporting process. What do you like about the process now, and what aspects need to change?

    Decide if your team has the time to manually export data from your source systems. For those who want to have a system bring in data automatically, Limelight is the best alternative to Adaptive Insights. Take the learning curve of the software into consideration when deciding on your CPM software tool. If you are unsure of how to use the software, you may not be leveraging all of its capabilities.

    Want to see the difference for yourself? Watch our video.Video Demo CTA for Blogs

    Still unsure? Schedule a quick demo with the Limelight team today!

    FAQ's

    1. What is Workday Adaptive Insights used for?

    Workday Adaptive Insights is a cloud-based corporate performance management (CPM) software designed for budgeting, forecasting, and reporting. It helps finance teams manage financial planning and analysis processes.

    2. Why should businesses look for an alternative to Workday Adaptive Insights?

    Businesses seek alternatives when they need easier usability, stronger Excel integration, direct ERP connections, or more advanced real-time reporting features that Adaptive Insights may lack.

    3. What makes Limelight a better alternative to Workday Adaptive Insights?

    Limelight combines the familiarity of Excel with the benefits of a modern cloud platform. It offers real-time reporting, native ERP integrations, and faster deployment, making it easier for finance teams to collaborate and plan effectively.

    4. Does Limelight integrate directly with ERP systems?

    Yes, Limelight has native integrations with leading ERP, payroll, and CRM systems, ensuring data flows seamlessly without manual exports or third-party tools.

    5. Is Limelight easier to use than Workday Adaptive Insights?

    Yes, Limelight provides an intuitive, Excel-like environment that finance teams can adapt to quickly. Adaptive Insights, on the other hand, has a steeper learning curve and often requires additional training for advanced functions.

    6. How does Limelight support Excel-based workflows?

    Limelight is web-based but fully supports Excel-like formulas, templates, and layouts. Teams can work in a familiar environment without needing to manage multiple interfaces or learn new scripting languages.

    7. What reporting capabilities does Limelight offer?

    Limelight provides real-time, customizable reporting with drill-down features to transactional-level data. It also includes interactive charts for data visualization and automated variance and ad-hoc reporting.

    8. How does Adaptive Insights handle reporting compared to Limelight?

    Adaptive Insights offers reporting through its web console but often requires its Excel add-in, OfficeConnect, for detailed and formatted reports. Limelight eliminates the need for multiple tools by centralizing everything in one platform.

    9. What should businesses consider when choosing FP&A software?

    Companies should evaluate ease of use, ERP integrations, reporting features, scalability, and implementation time. The right tool should simplify processes while improving accuracy and collaboration.