Adaptive Suite 2016.2 lauded for innovation and enterprise capability in latest report
Adaptive Insights, the worldwide leader in cloud corporate performance management (CPM), is recognized by 451 Research for its data visualization advances, data integration capabilities, and its continued expansion in the enterprise in its report titled, "Adaptive Insights makes FP&A process more visual and DIY, heads deeper into enterprise CPM." The report provides an overview of Adaptive Suite 2016.2, Adaptive Insights' recent release that achieves significant industry firsts in the areas of corporate planning and integrated analytics, as well as the company's continued growth in the cloud CPM market.
"We have seen the technology and product momentum for Adaptive Insights continue, as the company innovates its cloud CPM platform with features that directly target productivity and visibility for finance teams," said Krishna Roy, senior analyst, data platforms and analytics, 451 Research. "Adaptive Insights is established as one of the largest vendors in the cloud CPM market, demonstrating the traction and success that many enterprise companies require for technology purchases."
Providing an overview of Adaptive Insights' market momentum, the report noted that the company is gaining traction with enterprise customers, a reflection of "the ongoing maturity in the firm's business and product portfolio."
Product innovations provide greater visibility of data and drive insights
Adaptive Suite 2016.2 empowers finance teams and other business users to access data often siloed across the organisation. By bringing analytics into financial planning, users can deeply analyse data during the planning process and make informed decisions without ever having to leave the planning environment.
The 451 Research report also notes Adaptive Suite 2016.2 achieves a number of firsts for the cloud CPM industry, including:
- Self-service data integration for finance
- New patent-pending data visualisation in the planning process for anytime trend analysis
- Ability to conduct in-depth visual analytics during planning with a single click
Deeper integration with OEM partner NetSuite
The report also detailed a tighter integration between Adaptive Insights and NetSuite, which resells Adaptive Insights Adaptive Planning as the only Financial Planning Module in its NetSuite ERP platform. With more than 700 joint global customers, a new preconfigured NetSuite adapter is now available that further extends the integration so users can bring more types of NetSuite data—such as project, employee and vendor data—into the Adaptive Suite to drive planning and analytics.
For more information about the NetSuite and Adaptive Insights OEM relationship, visit today's blog.
Adaptive Live showcases strong user community and finance transformation
Adaptive Insights recently showcased Adaptive Suite 2016.2 at its user conference, Adaptive Live, one of the largest gatherings of finance, planning, and analysis (FP&A) professionals. With 1,400 attendees, Adaptive Live provided an opportunity for attendees to share best practices, gain insights, and network.
The company also highlighted finance transformation stories at the conference with its Torchie Awards, which recognise customers who have achieved excellence in strategic FP&A categories such as operational planning, forecasting, and performance management. The winning customers include California Olive Ranch, Cumulus Media, HireVue, Leukemia & Lymphoma Society, and ZAGG.