Press Releases

MOUNTAIN VIEW, CA — May 17, 2011 — Adaptive Planning, the worldwide leader in on-demand business performance management (BPM) solutions for companies and nonprofits of all sizes, today announced that it has partnered with Deltek, the leading global provider of enterprise software and information solutions for professional services firms, government contractors, and government agencies. Leveraging an existing base of mutual customers, Adaptive Planning and Deltek will engage in joint marketing and sales activities to showcase how their applications work together to allow architecture and engineering firms to move beyond legacy applications and spreadsheet-based planning systems to a modern, real-time financial management solution for end-to-end planning, execution, reporting and analysis.

Adaptive Planning is an award-winning, on-demand solution for budgeting, forecasting, reporting, and “what-if” analysis. Deltek Vision is a fully-integrated project-based ERP solution for architecture and engineering firms. Used together, the applications allow companies of all sizes to integrate actual and plan data, resulting in improved visibility into real-time performance metrics, more insightful variance reporting, more thorough what-if analysis, and more accurate forecasts. Importantly, actual and plan data can be consolidated and analyzed in numerous ways, at different levels within the organization, and across projects.

Available through an easy to adopt, secure, web interface, Adaptive Planning makes it possible for managers throughout a company to contribute to and take ownership of their organization’s financial performance. All told, by integrating Deltek Vision and Adaptive Planning, architecture and engineering firms can fundamentally transform their financial management, streamlining financial processes, improving collaboration, driving better business decisions, and ultimately improving competitiveness.

“We are pleased to be working with Deltek,” said Greg Schneider, VP Marketing, Adaptive Planning. “Our on-demand solution for budgeting, forecasting, reporting, and 'what-if' analysis is a natural fit for many Deltek customers, particularly those companies who appreciate the value of automated financial processes but who are still using manual, spreadsheet-based approaches for budgeting, forecasting, reporting, and analysis.”

“We are delighted in our partnership with Adaptive Planning,” said Brian LaMee, Director, Product Marketing, Deltek. “Now Deltek Vision can combine actual financial data available in Deltek Vision with up-to-date budget and forecast data, allowing companies to improve all aspects of their financial management.”

Adaptive Planning is a Silver Sponsor of Deltek Insight 2011, and will be exhibiting at the conference May 16- 19, 2011 at the Gaylord Opryland Resort & Convention Center in Nashville, TN. For more information, visit: http://www.deltekinsight.com/about/default.asp

About Deltek

Deltek (Nasdaq: PROJ) is the leading global provider of enterprise software and information solutions for professional services firms, government contractors, and government agencies. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. Over 14,500 organizations in approximately 80 countries around the world use Deltek to research and identify opportunities, win new business, optimize resources, streamline operations, and deliver profitable projects. Deltek – Know more. Do more.®  www.deltek.com.

About Adaptive Planning

Adaptive Planning is the worldwide leader in on-demand corporate performance management (CPM) solutions for companies and nonprofits of all sizes. Adaptive Planning’s solutions allow finance and management teams to obtain real-time visibility into performance metrics, streamline financial planning and reporting, and drive better business decisions. By offering affordable annual subscriptions and rapid implementations, and by eliminating the need for new hardware and IT support, Adaptive Planning makes it easy to move beyond spreadsheet-based processes without the cost and complexity associated with traditional on-premise CPM applications. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by ONSET Ventures, Monitor Ventures, Cardinal Venture Capital and Clairmont Capital.

Media Contacts:

Christina Farr
GlobalFluency
650-433-4150
cfarr@globalfluency.com

Aimee Caton
Adaptive Planning
650-810-0531
acaton@adaptiveplanning.com

Adaptive Planning
650-528-7500
www.adaptiveplanning.com