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Adaptive Planning and BPM Partners Launch Definitive Business Performance Management Benchmarking Survey.


Participants Will Learn How They Compare to Their Peers and to Industry Best Practices

MOUNTAIN VIEW, Calif. -- Adaptive Planning, the leader in collaborative business performance management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) solutions, and BPM Partners, the leading independent authority on BPM solutions, today announced a definitive BPM Benchmarking Survey program that will enable companies of all sizes to understand how their budgeting, forecasting, and reporting processes compare with those of their peers and with industry best practices.

Most finance departments face significant difficulties in benchmarking their organization's performance. Many key metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , such as average length of budget cycle or frequency of re-forecasting, are not readily available. And the metrics that are available are typically aggregatesCocomputed across all company sizes and industriesCowhich places their relevance in question for many companies.

The BPM Benchmarking Survey launched by Adaptive Planning and BPM Partners breaks new ground in addressing these challenges. The survey covers the key details that companies are interested in understanding about their budgeting, forecasting, and reporting performance. And all participants will automatically receive a personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 report that compares their responses to both best practice performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. , and to the responses of their peersCosimilar sized companies in similar industries.

The survey is simple and takes less than five minutes to complete. It is available at http://www.adaptiveplanning.com/survey/2006_nov_01.shtml.

In addition, Adaptive Planning and BPM Partners will report on the results of the survey in a free webinar, co-sponsored by CFO See Chief Financial Officer.  Magazine, on December 5, 2006. For additional information, and to register, please see: http://www.cfo.com/webcast.cfm?webcast=8102245&pcode=ADPL ADPL Accidental Direct Physical Loss
ADPL Average Daily Patient Workload
120506.

About BPM Partners

BPM Partners is the leading independent authority on BPM solutions and a founding member of the BPM Standards Group. BPM Partners' vendor-neutral consultants guide clients through their BPM initiatives from start to finish, helping companies attain the maximum value from their business performance management initiatives. This is done through hands-on services that provide insight on how to collect and analyze the right information to address specific business goals. BPM Partners leads clients through the definition of business requirements, vendor selection, evaluation and implementation of departmental or enterprise-wide BPM systems See BPM. . Go to www.bpmpartners.com.

About Adaptive Planning

Adaptive Planning is the leading provider of collaborative performance management (BPM) solutions. Adaptive Planning makes it easy for midsize companies and departments of larger corporations to improve performance by moving beyond spreadsheets The following is a list of spreadsheets. Freeware/open source software
Online spreadsheets

Main article: List of online spreadsheets
  • EditGrid [1]
  • Simple Spreadsheet [2]
  • wikiCalc
 to automate To turn a set of manual steps into an operation that goes by itself. See automation.  budgeting, forecasting, reporting and analysis. Adaptive Planning provides extraordinary flexibility and value, with on-demand and on-premises solutions, open source and commercial licensing terms, and pricingCoincluding a free version of the productCothat delivers a total cost of ownership that is a fraction of the cost of traditional BPM and business intelligence software. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 8, 2006
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