Products / Overview
Adaptive Planning is the leader in on-demand budgeting, forecasting, and reporting solutions. We make it easy for companies worldwide to improve financial agility, strengthen collaboration, and drive better-informed and more strategic business decisions. Best of all, unlike traditional enterprise software alternatives, our innovative solution is affordable, deploys in just days, and does not require new hardware, software, or IT support. Powerful planning and reporting have never been easier.
Planning & Reporting Challenges
High-quality financial management is essential for competitiveness, but most companies are not operating at a world-class level. Budgeting is slow, re-forecasting is infrequent, monthly reports lack key information, and what-if analyses are incomplete or impossible. Worse yet, the processes are devoid of inspiration and do not surface creative new thinking. In fact, Jack Welch describes the budgeting process at most companies as “the most ineffective practice in management.”
No one’s happy. FP&A teams would like to save time, eliminate errors, and make higher-level contributions. Business managers want a less intimidating, less time consuming process that helps them run their businesses better. And CFOs and other executives want to improve participation, alignment, and consistency, ultimately driving greater strategic value.
Obstacles to Success
What’s holding companies back? There are several key issues:
- Pervasive use of spreadsheets. Despite their shortcomings, over 75% of companies still rely upon spreadsheets for planning and reporting. Traditional BI & BPM alternatives are simply too expensive and complicated for most companies.
- Lack of collaboration. Midsized and large companies cite “lack of collaboration” as their biggest planning and reporting challenge. In addition to rolling up numbers, they want to foster more dialogue and communication—but the current approach clearly isn’t working.
- Limited adoption of best practices. Many financial managers would like to overhaul their existing approaches and adopt best practices; however, they are not sure where to start. Ideally, they would like a “map” for improving their processes, and would like to know what has been successful for others—but their peers are in similar situations.
Introducing Connected Intelligence
Adaptive Planning addresses these obstacles with an inspiring new approach to planning and
reporting—“connected intelligence.” With Adaptive Planning, companies can elevate their financial management by creating better connections—within financial plans and reports, between organizations and teams, and among professionals across the globe.
Adaptive Planning delivers this through a unique set of capabilities that includes:
- Automated Budgeting, Forecasting & Reporting. Powerful, affordable, and easy to use alternative to both Excel and enterprise BI / performance management software.
- Private Team Collaboration Spaces. Integrated capabilities that improve communication and alignment among organizations and participants in planning and reporting processes.
- Public Best Practices Community. An online community that allows financial executives worldwide to connect with each other, access and share best practices materials, and tap into benchmarking information.
The Software as a Service Advantage
Compared with traditional enterprise software, Adaptive Planning’s modern software as a service (SaaS) approach offers numerous advantages, including:
- Lower costs
- Faster deployments
- Greater ease of use
- More transparency
- Lower risk
- Higher customer satisfaction
The solution can be accessed on-demand, over the web, or deployed on-premises, in a company’s datacenter.