Adaptive Planning Launches Worldwide Partner Program

Company Creates New Business Opportunities for Resellers and Implementers of Financial Applications, Performance Management Software and Open Source Solutions
 

Mountain View, Calif., August 15, 2006 — Adaptive Planning, the leader in collaborative business performance management (BPM) solutions, today announced the launch of the Adaptive Planning Partner Program, designed to provide attractive new business opportunities to resellers and implementers of financial applications, BPM and business intelligence software, and open source solutions.

Because Adaptive Planning's budgeting, forecasting and reporting software can be deployed both on-demand and on-premise, and can be licensed under both open source and commercial terms, there are multiple types of business opportunities for partners worldwide. Implementation partners can generate professional services fees from projects associated with all versions of the product, independent of deployment approach or licensing terms. Resellers can create attractive ongoing royalty streams, and all partners receive assistance from Adaptive Planning with sales and marketing, training, and product support. Finally, partners get free access to Adaptive Planning software for internal use.

"The launch of the Adaptive Planning Partner Program creates exciting new opportunities for partners across the globe," said William A. Soward, chief executive officer, Adaptive Planning. "As we continue to accelerate growth and expand our worldwide market presence—especially with the release of our open source Adaptive Planning Express Edition—partners are becoming increasingly important for enhancing the value of the solutions we deliver to customers."

Partner Perspectives
"We have IT consulting practices that serve clients in a variety of vertical industries—including manufacturing, healthcare, financial services and retail—globally," said Avinash Singh, COO of Birlasoft. "These clients consistently express a need for accessible, affordable, manageable, and usable performance management solutions. As we expand our business intelligence practice, we see Adaptive Planning's innovative open source and commercial solutions offering long-term value and benefits to our customers."

"We are seeing tremendous interest in open source business intelligence and performance management solutions from companies of all sizes," said Steve Miller, President and Founder of OpenBI, LLC. "As a firm that is committed to providing the full spectrum of open source BI services to our clients, OpenBI believes Adaptive Planning's solutions will be valuable additions to our intelligence arsenal. We look forward to working with Adaptive Planning and actively participating in their community."

"As a reseller and implementer of financial applications for mid-market companies, we are always looking for opportunities to provide additional value to our clients," said Tammy Hawes, President, Axis Accounting Systems. "Adaptive Planning's leading solutions for budgeting, forecasting, reporting and analysis are an excellent fit for clients that are interested in streamlining operations and improving decisions by automating and consolidating their spreadsheet-based financial processes."

"We work very closely with clients to not only deliver successful initial projects, but to also manage software deployments over time," said Paul Cammisa, Managing Partner, InnoVergent. "As finance organizations look to drive budgeting, forecasting and reporting to managers throughout their companies—to become stewards of the processes instead of owners—Adaptive Planning's web-based, user-focused solutions provide exceptional value."

"Our global clients—spanning sales and operations locations in the Americas, Europe and Asia—are searching for a scalable, affordable yet easy-to-use alternative to spreadsheets for managing their business processes including financial consolidations, planning and management reporting," said Robert Katz, President of BI consulting company FACTS, LLC. "Adaptive Planning not only provides the low cost of ownership and rapid deployment my customers require, but also incorporates a sophisticated set of features which can adapt to our clients' growing multinational needs."

Additional Information
There is currently no fee for joining the Adaptive Planning Partner Program. For more information, please contact partners@adaptiveplanning.com or call 650-528-7500.

About Adaptive Planning
Adaptive Planning is the leading provider of collaborative performance management solutions. Adaptive Planning makes it easy for mid-size companies and departments of larger corporations to improve performance by moving beyond spreadsheets and automating budgeting, forecasting, reporting and analysis. Adaptive Planning provides extraordinary flexibility and value, with on-demand and on-premise 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, California and can be reached at 650-528-7500 or www.adaptiveplanning.com.