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, CA—November 8, 2006—Adaptive Planning, the leader in collaborative business performance management (BPM) 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, such as average length of budget cycle or frequency of re-forecasting, are not readily available. And the metrics that are available are typically aggregates—computed across all company sizes and industries—which 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 report that compares their responses to both best practice performance metrics, and to the responses of their peers—similar 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 Magazine, on December 5, 2006. For additional information, and to register, please see:
http://www.cfo.com/webcast.cfm?webcast=8102245&pcode=ADPL120506.

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. 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 to automate 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 pricing—including a free version of the product—that 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.