Focused on deployment of a systematic model for forecasting, budgeting, and evaluating or reporting, Adaptive Planning business software offers small-scale, mid-sized, and big companies a comprehensive suite to answer their business needs. Adaptive Planning is a software-as-a-service (SaaS) or cloud business solution founded and developed last 2003 for businesses to utilize modules and functionality without dependence on a hardware platform.
Designed like an MS Excel, businesses can easily review and track financial records to create analyses and “what if’s” on decisions of business strategies. Managers don’t have to worry about fund restrictions because the software differentiates and detects any access to restricted funds during the budgeting and re-forecasting process of the business.
The simple, easy-to-use, and intensive Adaptive Planning supports basic computing and accessibility. Plus, there are different tools available to help business managers and key people of the financial activity comprehend how to use the software.
Currently, there are three editions available for businesses to meet different requirements and standards. Express Edition delivers simplified expense and revenue planning through a carefully-outlined forecasting solution suited for small-scale companies and teams. On the other hand, the Corporate Edition is designed to meet needs of mid-sized businesses. The aim is to provide a budgeting and forecasting solution through reporting and analysis with the supervised data integration to ease the complex financial record.
For divisions of large corporations, Enterprise Edition provides capabilities in handling complex and more sophisticated financial scale. Adaptive Planning Enterprise Edition gives powerful solution on the multi-sectoral level of the business with strength in multi-currency support. The workflow of the business is polished through the intensive and end-to-end processes of Adaptive Planning Enterprise Third Edition.
At the heart of Adaptive Planning business software is the automation of corporate performance management. Dashboard alerts can keep business managers updated on the current cash flow of revenue and assets. Through the composite of Adaptive Planning, businesses can speed up the process of forecasting, re-forecasting, budgeting, and planning. Real-time information helps businesses to create strategic decisions by streamlining the entire process, cutting time and developing clearer results.
Adaptive Planning aims to target three goals. The consolidation of information and automation of financial statements help businesses to increase the speed of the business to reduce the cost of the operation. Because businesses don’t need to rely on the thick layer of processing and tracking information, it is easier to react and create strategies.
Second, Adaptive Planning eliminates the creation of business strategies without the proper business data. Actual financial data and information are written and reflected in the spreadsheet real-time. Business managers don’t need to decide on business developments without consulting the correct data input. Lastly, business managers don’t have the monopoly on the decision-making of the business. Operation key players can collaborate with the management to ensure that information and data are considered before the plan is conceived.
Probably, one of the most affordable business solutions, Adaptive Planning business software is not a burden to the operational and working capital of the business. Aside from that, there is no need to have software and hardware knowledge to use Adaptive Planning. It is a great advantage to business managements who want to evolve their business operations through the incorporation of new technologies.