Categories: Press Releases Date: Dec 9, 2009 Title: Adaptive Planning Introduces Version 6.5
Mountain View, CA — December 9, 2009 — Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions for companies of all sizes, today announced general availability of version 6.5 of its award-winning solution. The new version includes new planning and reporting capabilities as well as expanded local language support. Now available in English, French, German, Spanish, Japanese, Chinese, and Russian, version 6.5 allows Adaptive Planning to support the tremendous worldwide demand for powerful, easy-to-use, and quick-to-deploy planning and reporting solutions.
Adaptive Planning’s solution for budgeting, forecasting, reporting, and “what-if” analysis represents an alternative to both manual, Excel-based processes and costly, complex enterprise software. Because the solution is offered via the software-as-a-service (SaaS) model, it is extremely affordable, starting at just $600 per user per year; does not require any new hardware, software, or IT support; and deploys quickly, averaging just two weeks of consulting for implementation.
Adaptive Planning 6.5 introduces numerous features that improve usability, including enhancements to data presentation, data access, and administrative roles and permissions. Additionally, the popular “Cell Explorer” feature, which allows users to thoroughly analyze any cell within their financial model by drilling down into the sequence of values and formulas used to calculate the final result, is now available within the reports module.
Adaptive Planning 6.5 also extends its best-in-class integration with NetSuite’s on-demand business management suite. Adaptive Planning customers that are integrated with NetSuite, as well as NetSuite Financial Planning Module customers, can drill through from Adaptive Planning reports directly into NetSuite, where they can see the details of the underlying transactions. These users are now also able to export plan data from Adaptive Planning into NetSuite.
Adaptive Planning 6.5 also introduces new local language support, adding Chinese and Russian to the previously supported languages, which include English, French, German, Spanish, and Japanese.
“Adaptive Planning 6.5 not only delivers new capabilities to our customers, but also represents the next step in our company’s ongoing evolution,” said William A. Soward, CEO of Adaptive Planning. “The release demonstrates an important aspect of the SaaS model -- unlike the on-premise model which requires internal IT or professional services resources for upgrades, our on-demand customers get immediate access to all of the new functionality. And from our company’s perspective, the expanded features and additional language support will help to further accelerate our rapid, worldwide growth.”
Adaptive Planning is the worldwide leader in on-demand financial planning and reporting solutions that improve operational efficiency, strengthen companywide collaboration, and drive better business decisions in companies of all sizes. Adaptive Planning makes it easy to move beyond spreadsheets and automate budgeting, forecasting, reporting, and “what-if” analysis, without the cost and complexity associated with traditional business intelligence and BPM software. With free software, free trials, and both on-demand and on-premise deployment options, Adaptive Planning is the fastest and easiest way for finance organizations to enhance their agility and strategic value. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.