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Adaptive Planning.


Adaptive Planning, a provider of 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, has announced the availability of Adaptive Planning Express Edition On-Demand, a free entry-level addition to its suite of budgeting, forecasting and reporting solutions.

Express Edition On-Demand "removes the obstacles that have previously prevented small and mid-sized companies from adopting enterprise-class performance management solutions," the company noted in an announcement. "With the addition of this new product to its suite, Adaptive Planning has ... redefined how easy it can be for mid-market companies to move beyond Excel-based budgeting and dramatically improve their business results."

The Mountain View, Calif.-based company claims to be the only BPM provider targeting the mid-market and below with a Software-as-a-Service (SaaS) solution. It calls Express Edition On-Demand "a powerful, enterprise-class solution that is available for free and that can be instantaneously in·stan·ta·ne·ous  
adj.
1. Occurring or completed without perceptible delay: Relief was instantaneous.

2.
 accessed around the world with only a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. ." Its model means no software to install, no fees, no restrictions on the duration of use and access for up to 50 users per company.

Designed for small and mid-sized companies and teams, Adaptive Planning Express Edition features include an intuitive, spreadsheet-like user interface; standard sheets for planning expenses and revenues across multiple dimensions; a specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 personnel planning sheet; formula-based modeling; and management of organizational hierarchies and user access rights. The product also includes a Get Started Wizard Instructional help in an application or system development environment that guides the user through a series of multiple choice questions to accomplish a task. For the most part, wizards are more effective than the help menus found in most applications, which often border on the atrocious.  to help new users set up their company plans.

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  William Soward said in an interview that the firm, founded in 2003, defines its market as companies with annual revenues from $20 million to $500 million, with up to 1,500 users. Divisions of large corporations are also a market, Soward says, and the company already offers Corporate and Enterprise editions. Soward says that Adaptive Planning, which introduced its software at the end of 2004, now has more than 70 customers, with a concentration in software, high-tech manufacturing, healthcare and nonprofits.

Earlier this year, Adaptive Planning was one of 10 software vendors that joined to found the Open Solutions Alliance (OSA 1. OSA - Open Scripting Architecture.
2. OSA - Open System Architecture.
), a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
, vendor-neutral consortium dedicated to driving adoption of comprehensive open-source business solutions. Soward says, "We want to make our software as available as rapidly and as widespread as possible." With the open-source model, "the code can be customized around the edges," and partners and resellers can exploit that flexibility, he adds.

Web: www.adaptiveplanning.com
COPYRIGHT 2007 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:BPM SOLUTIONS
Publication:Financial Executive
Date:Jun 1, 2007
Words:389
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