SOURCE: Adaptive Insights

Adaptive Insights

April 22, 2015 08:00 ET

Adaptive Insights Launches Adaptive Solutions and Innovates Product Suite to Help Finance Leaders Accelerate Performance Management

Customers Tap Enhanced Adaptive Revenue Solution to Accurately Forecast and Achieve Critical Revenue Goals

SAN JOSE, CA--(Marketwired - Apr 22, 2015) - ADAPTIVE LIVE -- Adaptive Insights, the leader in cloud corporate performance management (CPM)  for the biggest brands and the hottest companies, today announced new innovations to help finance professionals accelerate performance management throughout the organization -- from divisions to the entire company. Unveiled at Adaptive Live, the premier cloud CPM event for finance leaders, Adaptive Solutions deliver best-practices, services and content that help customers quickly meet specific business challenges, such as managing and aligning revenue performance -- all built on the Adaptive Suite, a unified platform for cloud CPM and BI. The company also introduced over 20 new enhancements to its Adaptive Suite, including a click-not-code Salesforce integration that extends revenue visibility further by incorporating sales, service, and customer data directly into Adaptive Discovery dashboards. Further enhancements to Adaptive's multi-instance technology make it an even stronger fit for large enterprises looking to move their performance management processes to the cloud.

Adaptive Solutions
Adaptive Solutions provide a complete package for quickly meeting specific performance management needs, such as managing revenue, by leveraging best practice model frameworks and content developed through thousands of successful customer implementations. Built on the Adaptive Suite, they go beyond just modeling and planning by bringing together content that includes best practice model frameworks, rich reports and dashboards that easily bring together data from multiple sources with pre-built data integrations to provide holistic solutions to pressing business challenges -- all delivered with the ease and efficiency of the cloud.

Adaptive Revenue Solution
Adaptive Revenue is the first of the Adaptive Solutions and is the first and only solution that brings together sales, finance, and service stakeholders on a unified cloud CPM and BI platform. Adaptive Revenue leverages the learnings of more than 70% of Adaptive's customer base that already use Adaptive for sales and revenue analytics, including Teachscape and many others. Built on the Adaptive Suite, the Adaptive Revenue Solution best practices link corporate goal setting, quota planning, headcount, commission, and sales compensation models, all integrated with finance -- from revenue recognition to the impact on balance sheet and cash flow. With integration that combines Salesforce and ERP data, the solution connects every revenue touch-point, giving a truly cross-functional insight to the revenue side of the business -- across sales, finance and services - and includes model frameworks, dashboards, and reports.

"With finance's role increasing in value, business leaders are looking for solutions that accelerate performance management initiatives to optimize revenue performance. By combining best practices and reference content, including dashboards, models, and calculations, with the industry's broadest cloud CPM and BI platform, organizations can fast forward their success, on a platform that will grow with them," said Paul Turner, Vice President Product Marketing and Strategy at Adaptive Insights.

"We need to understand where bookings & gross margins are trending during the quarter," said Zoby Shaikh, A10 Networks Director of FP&A. "Adaptive enables us to easily analyze these critical daily metrics, and share that analysis with internal decision-makers so that they can course-correct anything that's trending off target."

New Adaptive Suite 2015.1 Features Power Solutions and Performance
Adaptive introduced new features and enhancements across its flagship suite to offer broader visibility to the CFO -- from finance to sales and from corporate across all divisions of the enterprise.

 Highlights include:

  • Click-not-code Integration from Salesforce to Dashboards. The new integration instantly feeds Adaptive Discovery dashboards with valuable sales, customer, and service data from Salesforce. Adaptive's powerful click-not-code interface allows data analysts to select the objects and fields that matter most from opportunities, to salespeople, to customers, and quickly combine Salesforce with ERP data to create rich, multi-source dashboards.
  • Instant Visibility for the Extended Enterprise. Adaptive's unique, multi-instance technology has been enhanced with Adaptive's new one-click refresh feature to deliver instant visibility for corporations across every critical data point, providing an unprecedented level of transparency instantly across all actuals, budget scenarios and business units.
  • Even Easier to Keep Score, Visually. Newly enhanced Adaptive Discovery scorecards make it incredibly easy to visually compare performance across any time period, from MTD, to QTD, to YTD: period on period, version on version, with variances, visual spark lines and exceptions. It's the perfect scorecard to instantly identify and communicate course corrections.
  • Every Element of the Adaptive Suite Enhanced - Over 20 new enhancements power the new Adaptive Suite - across planning, consolidation, reporting and analytics including enhanced planning and modeling performance; journal entry intelligence; and enhanced APIs.

Availability
The Adaptive Revenue Solution is available immediately, and the Adaptive Suite 2015.1 will be generally available on June 12. Additional Adaptive Solutions will debut throughout 2015. More information about Adaptive Suite 2015.1 can be found here and information about Adaptive Revenue Solution is available here.

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About Adaptive Insights

Adaptive Insights is the leader in cloud corporate performance management (CPM). Via its software as a service (SaaS) platform, the company offers capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and analytics that empower finance, sales, and other business leaders with insight to drive true competitive advantage. The Adaptive Suite is sold direct or is available through Adaptive's robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, Cohn Reznick, Intacct, KPMG, McGladrey, and Plex Systems. NetSuite also offers Adaptive Insights as its NetSuite Financial Planning Module.

More than 2,600 companies in 85 countries use Adaptive Insights. These range from mid-sized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit www.AdaptiveInsights.com, the Adaptive Insights Blog, and follow Adaptive on LinkedIn, Twitter, Facebook, and YouTube.

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