Adaptive Insights: Powerful Modeling with Business Planning Cloud

Adaptive Insights: Powerful Modeling with Business Planning Cloud

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Robert S.Hull, Founder and Chairman, Adaptive InsightsRobert S.Hull, Founder and Chairman
Traditional financial planning methodologies are too slow for today’s increasingly agile businesses. Amid the ever-changing market conditions, time-consuming manual processes strain business performance analysis. With unprecedented volumes of data coming in from multiple sources, data accuracy becomes a major challenge that calls for immediate action. A finance veteran and cloud expert, Robert S. Hull, founded Adaptive insights in 2003 with a vision to provide modern finance decision makers with an easy-to-use SaaS-based solution that would allow them to improve business performance. “I founded the company with a desire to bring analytics and business management together to help finance professionals, like me, better manage their businesses,” says Robert S. Hull, Founder, and Chairman at Adaptive Insights.

Adaptive Insights’ cloud-based corporate performance management (CPM) solutions deliver planning, forecasting, reporting, and real-time dashboards to provide insight across the organization. Among the various products provided by Adaptive Insights, the revenue management solution allows enterprises to create collaborative revenue forecasts and sales plan. Businesses can optimize sales operations and stay ahead in the revenue streams by getting insights from real-time dashboards. The dashboard ensures that graphs and charts are automatically updated to reflect new data without any extra effort. Further, Adaptive Insights’ profitability analysis software lets organizations gain detailed insights into the beneficial aspects of their business and develop strategic decisions.

Businesses can accelerate their internal and external financial disclosures with the company’s cloud-based financial close management solution. The solution easily integrates with a vast array of systems including Microsoft Dynamics, Oracle, SAP, Sage, and NetSuite allows data aggregation and tracks close processes to provide a clear audit trail and speed up the disclosure process.

I founded the company with a desire to bring analytics and business management together to help finance professionals, like me, better manage their businesses

Further, it automates intercompany eliminations, provides journal entry management and helps in interest and ownership management.

Adaptive Insights’ business planning cloud platform is device agnostic that makes planning easy and accessible from anywhere. The firm’s Elastic Hypercube Technology delivers power and performance to model, report, and analyze data at any scale and complexity. All the planning, analyzing, and forecasting of businesses depend on data from CRM, ERP, and Human Capital Management (HCM). The company provides open APIs and integration framework that allows users to manage data integration themselves easily. Further, organizations can develop more agile businesses with the company’s active planning process that is collaborative, comprehensive, and continuous. This also trims the planning cycle time by 70 percent to drive an effective outcome.

In an instance, Leukemia & Lymphoma Society (LLC), the world’s largest voluntary health agency dedicated to blood cancers, faced the challenge of lengthy budgeting and forecasting cycles. In addition, they faced difficulty in getting transactional accounting into more organization-wide collaboration. Working with Adaptive Insights helped the client improve participation and responsibility for corporate performance with over 400 managers and employees. As a result, the client witnessed high accuracy and transparency across operational metrics such as cash flow, campaign returns, and donor contributions. It also helped C-suite executives to evaluate organizational needs better and formulate strategic investment scenarios.

Widely recognized for its easy-to-use solution offerings, Adaptive Insights dominates the market when it comes to customer satisfaction as the company puts customers at the center of everything they do. Adaptive Insights is continuously working and growing with the goal to empower clients to manage their business better and ensure greater success.

Adaptive Insights News

Adaptive Insights Recognized by BPM Partners as Leading Cloud Planning Solution

Palo Alto - Powering a new generation of business planning, Adaptive Insights, a Workday company, was recognized as a leader in the 2018 Vendor Landscape Matrix by BPM Partners. The leadership placement is the result of the Adaptive Insights Business Planning Cloud's product quality and ease of use. Based on the responses of more than 330 companies for the BPM Pulse Survey, Adaptive Insights received an overall customer satisfaction score of 4.51 out of 5. Adaptive Insights' growing customer base of more than 4,000 customers, combined with its industry-leading product that's capable of handling complex planning uses cases, places it in the "Dominant" category for BPM's 2018 Vendor Landscape Matrix report.

"It's impressive to see Adaptive Insights continuously maintain high ratings regarding the quality and ease of use of its Business Planning Cloud," said Craig Schiff, president and CEO, BPM Partners. "Adaptive Insights' success with small and medium businesses as well as large enterprises, along with the platform's expanding functionality and ability to handle ever more complex use cases, is what has landed it in the Dominant category this year. Its development of the Business Planning Cloud, powered by the recent release of its Elastic Hypercube Technology, reflects its ability to scale and support companies of all sizes."

In its report, BPM Partners recognized the release of Adaptive Insights for Sales—an addition to Adaptive Insights Business Planning Cloud designed to maximize sales efficiency and investments by supporting sales capacity, quota, and territory planning. The report also highlighted the new patent-pending Elastic Hypercube Technology—the next-generation planning, reporting, and analytics engine that enables the Business Planning Cloud to automatically scale with the dynamic needs of businesses.

Specifically, the report recognizes the Adaptive Insights Business Planning Cloud as a top solution in the finance self-sufficiency, product quality, ease of use, product functionality, and ease of doing business categories across companies of all sizes.

"We're thrilled to be recognized by BPM Partners, as this report is based on input and rankings from customers using our Business Planning Cloud," said Connie DeWitt, chief marketing officer, Adaptive Insights. "Our placement in the 'dominant' category validates our success with small, medium, and large enterprise customers that use our robust platform to build better plans and make smarter decisions faster. The result is greater business agility for organizations using our Business Planning Cloud." Read More