-- Handle complex revenue recognition scenarios for different types of revenue streams (license, maintenance, subscription, professional services, etc.) -- Plan and report using a complete set of integrated financial statements that tie together accounts receivable, deferred revenue, cash, and other accounts -- Create sales models that are dependent upon quotas, sales representatives, and/or key ratios (e.g., sales or services personnel per customer) -- Allocate personnel across projects or products -- Plan and forecast using either dollars or quantities (e.g., subscription bookings or number of clients) -- Plan, report, and analyze revenues and expenses across multiple dimensions, including product, geography, channel, etc. -- Manage against key metrics such as monthly recurring revenues, customer acquisition cost, customer lifetime value, renewal rates, DSOs, cash burn, headcount, etc."We consistently hear from our software customers that they can't afford to use outdated spreadsheets any longer -- Excel-based approaches are simply inadequate for today's fast moving, uncertain world," said William A. Soward, CEO of Adaptive Planning. "Savvy finance leaders, like those at our blue-chip customers, can significantly improve the quality of their business decisions by moving to an on-demand application that enables rapid budgeting and forecasting, collaborative monthly reporting, and thorough what-if analyses. And with Adaptive Planning's proven solution, they can do so quickly and cost-effectively." The flexibility and agility delivered by on-demand offerings like Adaptive Planning are particularly important in a volatile economic environment. According to a recent survey by Adaptive Planning and the Business Performance Management (BPM) Forum, last quarter nearly 60 percent of companies re-planned, re-forecasted, or created what-if scenarios at least two times. The same percentage of respondents also said that the uncertain economic environment will cause them to re-plan and perform what-if analyses more frequently going forward. Yet two-thirds of companies still rely on outdated spreadsheets to plan through uncertainty. To make it even easier and more affordable to transition from spreadsheets to its on-demand solution, Adaptive Planning recently announced new "QuickStart" bundles that combine user-based subscriptions with key training and implementation services, for an attractive price.
Contact Information: Contacts: Derek Kober GlobalFluency 650-433-4233 Greg Schneider Adaptive Planning 650-810-0525