Adaptive Planning announced that SourceForge has implemented its software to automate their financial planning and reporting. A leading online portal for the IT professional, software development, and open source communities, SourceForge has deployed Adaptive Planning and integrated it with their Oracle Financials system in order to accelerate their budgeting and forecasting processes and simplify reporting on both actual and plan information.

Within a five year span that began in 2002, SourceForge has transformed itself from a hardware company to the global technology community’s hub for information exchange, goods for geeks, and open source software distribution and services. The company’s network of web sites serves more than 32 million unique visitors each month and includes SourceForge.net, Slashdot.org, ThinkGeek.com, Linux.com, and ITManagersJournal. [Read more…]

Unitrin Direct has selected Adaptive Planning on-demand software to optimize their budgeting, forecasting, and reporting processes. A leading direct auto insurance provider, Unitrin Direct is using Adaptive Planning to streamline its financial planning, resulting in lower operating costs, enhanced collaboration, and improved decision making.

Offering auto insurance to customers in 25 states, Unitrin Direct is a rapidly-growing group of companies that sells directly to consumers through the Web and its call center. As its business continued to expand, Unitrin Direct found that it needed a comprehensive budgeting, forecasting, and reporting solution that could be quickly and easily deployed. The company’s spreadsheet-based processes took too long, lacked flexibility, and were challenging to maintain. Executives and managers needed a better foundation for managing a dynamic, collaborative planning process. [Read more…]

Adaptive Planning announced that its on-demand application has been selected by DentalPlans.com. Adaptive Planning’s easy-to-use solution has enabled the fast-growing discount dental plans provider to formalize their budgeting, forecasting, and reporting processes, increase managers’ accountability for financial results, and significantly improve decision making.

Less than a decade after its founding, DentalPlans.com has emerged as a leader in delivering comprehensive discount dental plans to individuals, families and groups. To continue its profitable growth, DentalPlans.com realized it would have to increase the scrutiny and accuracy of its internal controls, accounting and collections. “We had gained enough momentum and resources to start preparing for the future, rather than just reacting to what was happening,” said Buddy Johnson, chief financial officer of DentalPlans.com. “Our new solution had to meet two key criteria: one, help us build a formal budget process that would hold people accountable; and two, enable us to run forecasts that would appeal to potential investors.” [Read more…]

New Web-Based Application Makes it Easier Than Ever for Companies to Move Beyond Excel-Based Budgeting

Adaptive Planning announced the availability of Adaptive Planning Express Edition On-Demand, a free entry-level addition to its suite of budgeting, forecasting, and reporting solutions. Designed to revolutionize the BPM market, Express Edition On-Demand removes the obstacles that have previously prevented small and midsized companies from adopting enterprise-class performance management solutions. With the addition of this new product to its suite, Adaptive Planning has changed the rules of the game, redefining how easy it can be for mid-market companies to move beyond Excel-based budgeting and dramatically improve their business results.

For decades, managing budgeting, forecasting and reporting has simply been too hard for too many companies. Most businesses use manual spreadsheets, which takes too much time, creates too many errors, and results in poorly informed decision making. A subset of companies has moved beyond spreadsheets and adopted BPM or business intelligence (BI) alternatives for automating these financial processes. However, these enterprise solutions create a new set of difficulties—they are costly to acquire, time consuming to implement, and complex to use. Given the problems with BPM and BI applications, over 80% of companies have elected to endure the pain of spreadsheets.

Now, Adaptive Planning Express Edition On-Demand provides a breakthrough new alternative to both Excel spreadsheets and enterprise BPM and BI tools. Adaptive Planning Express Edition On-Demand is a powerful, enterprise-class solution that is available for free and that can be instantaneously accessed around the world with only a web browser. With no software to install, no fees, no restrictions on the duration of use, and access for up to 50 users per company, Adaptive Planning has finally removed the key barriers that have historically prevented small and midsized businesses from moving beyond spreadsheets to automated BPM and BI software. [Read more…]