SOURCE: Adaptive Planning

Adaptive Planning

August 24, 2011 11:00 ET

The NPD Group Selects Adaptive Planning to Improve Financial Management

Leading Global Provider of Market Research Eliminates 180 Spreadsheets by Automating Planning and Reporting Process

MOUNTAIN VIEW, CA--(Marketwire - Aug 24, 2011) - Adaptive Planning, the worldwide leader in on-demand corporate performance management (CPM) solutions for companies and nonprofits of all sizes, today announced that The NPD Group, the leading global provider of consumer and retail market research information, with more than 1800 clients, has successfully automated their budgeting and planning process using Adaptive Planning.

Prior to rolling out Adaptive Planning, the finance team at The NPD Group was wrestling with an increasingly unmanageable financial model that required over 180 spreadsheets. Errors in assumptions and mistakes in data entry resulted in information that was not reliable. In addition, the team had no mechanism for creating a consolidated view of the business and comparing actuals to plan.

The NPD Group sought to alleviate these budgeting and planning challenges by deploying a new technology solution. After reviewing more than 10 solutions, Adaptive Planning rose to the top of the list because it was web-based, had strong collaboration features, and had an Excel-like look and feel with which managers were comfortable. The NPD Group had a short window to implement the solution and develop a budget before the September 30 year-end. And because they would not have access to support from their IT organization, which was in the midst of a critical R&D process change, the finance team was immediately attracted to the idea of Adaptive Planning's on-demand model.

"The Adaptive Planning professional services team was very impressive," says Wendy Baum, EVP, Finance. "We provided guidelines and they were able to understand the concepts, validate the information and develop the models in Adaptive Planning. They really got to the heart of the issues quickly and were able to customize models for departments and business units across multiple countries including Australia, France, Germany, UK, Spain, China, Italy, Mexico, Canada, Japan, and the US -- all in a matter of weeks."

Moving to Adaptive Planning has allowed the finance team to spend less time managing the planning process, and more time on review and analysis of budget information. In addition, they have been able to accommodate increased organizational complexity, brought on by the acquisition of two companies, with the same staff. And they have been able to provide access to sophisticated planning and forecasting capabilities to managers throughout the organization.

"Adaptive Planning was one of the most successful roll-outs of software ever experienced at The NPD Group," confirms Baum. "After three months of using Adaptive Planning, the finance team received a standing ovation at the annual corporate meeting. Now that speaks to the adoption and the return on investment of Adaptive Planning."

"We are pleased that we have been able to help The NPD Group transform their budgeting, forecasting, and reporting, and to support their growth as the leading market research provider in the consumer and retail space," said Greg Schneider, Vice President, Marketing, Adaptive Planning.

About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us, visit, or follow us Twitter at

About Adaptive Planning
Adaptive Planning is the worldwide leader in on-demand corporate performance management (CPM) solutions for companies and nonprofits of all sizes. Adaptive Planning's solutions allow finance and management teams to obtain real-time visibility into performance metrics, streamline financial planning and reporting, and drive better business decisions. By offering affordable annual subscriptions and rapid implementations, and by eliminating the need for new hardware and IT support, Adaptive Planning makes it easy to move beyond spreadsheet-based processes without the cost and complexity associated with traditional on-premise CPM applications. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or

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