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Adaptive Planning Joins The Netsuite Suitecloud Developer Network

Plans to Integrate with NetSuite Via NS-BOS to Provide Real-Time Financial Management and Planning Capabilities That Are Required to Successfully Manage Through Uncertainty

MOUNTAIN VIEW, CA — March 19, 2009 — Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions for companies of all sizes, today announced that it has become a charter member of NetSuite's SuiteCloud Developer Network, a multi-tiered program for commercial software developers that enables them to quickly go to market with new on-demand business applications that leverage the power of NetSuite's core business suite. As part of this program, Adaptive Planning and NetSuite plan to work together to develop enhanced integration between their respective applications and to jointly market an innovative solution for real-time financial management and planning that is ideal for the current economy.

Adaptive Planning delivers an on-demand solution for budgeting, forecasting, reporting, and “what-if” analysis. NetSuite provides an on-demand, integrated business software suite for Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce. Through the SuiteCloud Developer Network, the two companies plan to work together to enhance and automate the existing integration between the applications.

The integrated solution will be designed to help companies of all sizes successfully and efficiently manage through today's uncertain business environment. In the current economy, finance leaders must be able to obtain a real-time view of current revenues and expenses, create driver-based “what-if” analyses to understand the impact of potential scenarios on key metrics, make informed business decisions, take quick action and rapidly deliver accurate re-forecasts.

By combining the real-time visibility into actual financial results provided by NetSuite with the agile planning and “what-if” capabilities delivered by Adaptive Planning, companies are able to significantly improve the speed and quality of their decision making, helping them to outperform competitors during the downturn and emerge stronger when the economy improves.

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

“We are delighted to have Adaptive Planning join the SuiteCloud Developer Network,” said Guido Haarmans, VP, SuiteCloud Developer Network of NetSuite. “In the current economic environment, the numerous benefits of the SaaS model -- including lower costs, faster deployments, and reduced capital outlays -- are becoming increasingly attractive in the market. NetSuite and Adaptive Planning are both leaders in delivering high-value SaaS solutions to finance organizations, and we look forward to continuing to work together going forward.”

Adaptive Planning is a Platinum Sponsor of, and will be exhibiting at the NetSuite Developer Network launch event on March 19, 2009 at the Sofitel Hotel in Redwood Shores, CA.

About SuiteCloud

NetSuite's SuiteCloud is a comprehensive offering of on-demand products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of Cloud computing. Based on NetSuite's Software as a Service ERP Suite, SuiteCloud enables customers to run their core business operations in the Cloud, and software developers to target new markets quickly with newly-created mission-critical business applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting / ERP, CRM, Ecommerce); the NS-BOS Development Platform; the SuiteCloud Developer Network (SDN), a comprehensive developer program for Independent Software Developers (ISVs); and SuiteApp.com, a single-source online marketplace where ISVs, customers and solution providers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud, please visit www.netsuite.com/developers

About Adaptive Planning

Adaptive Planning is the worldwide leader in on-demand financial planning and reporting solutions that improve financial agility, strengthen collaboration, and drive better-informed, more strategic business decisions in companies of all sizes. Adaptive Planning makes it easy to move beyond spreadsheets and automate budgeting, forecasting, and reporting, 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 provides the fastest and easiest approach to streamline and elevate your financial management. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.

Media Contacts:

Derek Kober
GlobalFluency
650-433-4233
dkober@globalfluency.com

Greg Schneider
Adaptive Planning
650-810-0525
gschneider@adaptiveplanning.com

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