Armanino McKenna Expands Sales and Services Partnership With Adaptive Planning and Sponsors Intacct Advantage 2012

Leading CPA Firm Adds Adaptive Planning to Customer Product Portfolio Offering


ORLANDO, FL--(Marketwire - Oct 17, 2012) - INTACCT ADVANTAGE 2012 CONFERENCE -- Adaptive Planning, the worldwide leader in cloud-based corporate performance management (CPM) solutions for companies and nonprofits of all sizes, and Armanino McKenna (www.amllp.com), a leading public accounting and business consulting firm, announced today a partnership agreement where Armanino McKenna will serve as a leading implementation and customization services partner under its certified Value Added Reseller partner program. Additionally, both firms announced their sponsorship of Intacct Advantage 2012 being held in Orlando, Florida on October 17-19.

"We are enthusiastic about our new agreement with Armanino McKenna and the value it will provide our joint customer base," said John Herr, CEO of Adaptive Planning. "It was also great to recognize Armanino McKenna for its creative solution in a customer implementation at our most recent customer user group. Our worldwide partner ecosystem plays a vital role in our company's rapid growth, and Armanino McKenna stands out for its commitment to the partnership and successful joint customers."

Through a strategic sales, marketing and development agreement, Armanino McKenna's Consulting group offers Adaptive Planning to a variety of corporate, start-up and nonprofit clients. Armanino McKenna leverages Adaptive Planning's cloud-based development tools to build repeatable solutions for a wide variety of industries.

As a certified Value Added Reseller, Armanino McKenna underwent an extensive certification program and is subject to rigorous standards and ongoing evaluation to ensure a high degree of quality and customer satisfaction. Adaptive Planning customers benefit from this certified partner network of value added reseller partners who can help them with their implementations and to develop the right models for their organizations.

Armanino McKenna helps eliminate many of the low-level "process management" tasks associated with spreadsheet-based budgeting through insightful process redesign consulting and Adaptive Planning implementation services.

"Armanino McKenna continues to partner with CFOs, offering essential systems like Adaptive Planning and Intacct, to help them expand their business leadership roles," said Matt Armanino, COO and Partner-in-Charge of CFO Advisory Services for the firm. "It's also gratifying to see Adaptive Planning's recognition of our unwavering commitment to client success."

About Armanino McKenna
Armanino Consulting, a key division of Armanino McKenna, provides comprehensive services to the CFO organization of fast-growing companies, including Microsoft Dynamics Implementation services, CFO Advisory and Outsourcing services. Armanino Consulting projects a 500% revenue growth rate for its Adaptive Planning practice in 2012. The firm is the 35th-largest public accounting and business consulting firm in the nation and the fastest-growing firm on the West Coast, according to Accounting Today. In addition to its San Ramon headquarters, the company has offices in San Francisco and San Jose, California; Portland, Oregon; and Bellevue, Washington.

About Adaptive Planning
Adaptive Planning is the worldwide leader in cloud-based corporate performance management (CPM) solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Planning is used by over 1,400 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 8th fastest growing company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 65 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with over 200 worldwide partners including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.

Contact Information:

Contact:

Stephanie Evans
GlobalFluency
650-433-4163
sevans@globalfluency.com

Derek Kober
Adaptive Planning
650-810-2486
dkober@adaptiveplanning.com

Adaptive Planning
650-528-7500
www.adaptiveplanning.com