Adaptive Planning Press Release

DFN: Adaptive Planning and Host Analytics are two of the leading contenders in the SaaS (software as a service) space for Planning / Forecasting / Budgeting Tools. I’m consider deploying one of these. I’ve had some brief experience with AP, and have yet to get a trial license for HA. Note to self, before I buy, I need to drive the vehicle.

Please see my blog for the relative pros and cons regarding Saas Budgeting tools:

SOURCE: Adaptive Planning
Nov 02, 2009 08:00 ET
http://www.marketwire.com/press-release/Adaptive-Planning-1069025.html

Adaptive Planning Announces Major Momentum With "Who’s Who" List of Next Generation Software Companies

Now More Than 90 Leading Software Companies Using Adaptive Planning to Plan for and Manage Through Volatile Market Conditions
MOUNTAIN VIEW, CA–(Marketwire – November 2, 2009) – Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions, today announced significant traction within the software industry, counting over 90 software providers as clients. Customers range from privately-held start-ups to publicly-traded corporations, and include leaders in next generation software segments such as software as a service (SaaS) and open source. As a rapidly-growing provider of on-demand solutions itself, Adaptive Planning is particularly well-suited to support the unique planning and reporting requirements necessary for successfully managing fast-moving software companies through both recession and recovery.

Adaptive Planning’s customers represent a "who’s who" of notable public and private software companies, including CollabNet, Concur, DemandTec, Intacct, Jaspersoft, Jigsaw Data Corporation, Jive Software, Lithium Technologies, Markettools, NetSuite, Pegasystems, Plex Systems, Varolii, Vocus, and Xactly.

"As a publicly traded company, we need to tightly manage our expenses and financial performance," said Bas Brukx, Vice President, Financial Planning and Analysis, Vocus. "We knew we needed a better platform than spreadsheets to optimize and automate our financial management. Adaptive Planning was an ideal solution for us — it’s affordable, easy to use, and deployed extremely quickly, which allowed us to have an immediate impact on our business. It’s a mission-critical application for us, and is quickly becoming the most important source for financial and operational data within our company."

Adaptive Planning’s on-demand planning and reporting solution is an excellent fit for SaaS companies, allowing them to:

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