02/11/2008 | Press Release
ADAPTIVE PLANNING NAMED TO SHORT LIST OF CORE PERFORMANCE
Portfolio Company: Adaptive Planning
Company Also Ranked Highest in Customer Satisfaction Among Other Core
Performance Management Software Suppliers
MOUNTAIN VIEW, CA – February 11, 2008 – Adaptive Planning, the worldwide leader
in on-demand financial planning and reporting solutions, today announced that BPM
Partners, a leading authority on business performance management (BPM) products
and services, has named it a core vendor in a recently-released “Beyond the Hype”
report delivered during a January 15 webinar.
http://www.bpmpartners.com/events_webinars.shtml#BTH2008
BPM Partners awards core vendor status to a select group of software firms that should
be considered when developing a short-list for new BPM software projects.
Business performance management software is used to automate financial and
operational planning, consolidation, reporting, modeling and analysis of key business
performance metrics linked to organizational strategy and performance.
“Adaptive Planning really arrived in 2007,” said Craig Schiff, CEO of BPM Partners.
“The company has gained tremendous momentum over the past year, expanding its
product features and tripling its client base to over 200 customers. This strong
performance, coupled with a unique product offering that includes on-demand and onpremises
solutions, subscription pricing, and even a free open source option, make
Adaptive Planning an obvious choice for core vendor status.”
BPM Partners is a privately held, independent advisory services firm focused on
business performance management (BPM) solutions. The firm's experts help
companies understand the value of business performance management, provide insight
on how to collect and analyze the right information to address specific business goals
and lead clients through the evaluation and implementation of departmental or
enterprise-wide BPM systems. Its annual “Beyond the Hype” report includes the results
of its non-vendor sponsored 2008 BPM Pulse Survey of finance, information technology
and operations professionals.
“We are delighted to receive this industry recognition, and particularly proud that
Adaptive Planning was rated highest in customer satisfaction among all of the leading
vendors,” said William A. Soward, CEO of Adaptive Planning. “As a software as a
service provider, delivering great software is only part of the equation -- we are also
committed to providing exceptional client service on an ongoing basis. Performance
management is a mission-critical application, and customers expect and deserve the
best.” |
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"Cardinal recognizes who jangl wants to be when we grow up, and has the sensibility to nurture the opportunity. Getting both of those simultaneously is a big win for jangl. Their mobile and consumer backgrounds lend key strengths to our mission"
Michael Cerda
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