Adaptive Planning Ranks #1 in Customer Satisfaction Among All Comprehensive Vendors of CPM and BI in Industry Survey

MOUNTAIN VIEW, CA--(Marketwired - May 31, 2013) - Today Adaptive Planning, the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes, announced it ranked #1 in customer satisfaction among all comprehensive vendors of both CPM and BI -- both cloud and on-premise -- in the BPM Partners Pulse Performance Management 2013 industry survey. In the annual webcast announcing the survey results, Craig Schiff, CEO of BPM Partners, the leading independent authority on business performance management (BPM), discussed essential strategies for budgeting, planning, reporting, and consolidation systems. The webcast was hosted by Business Finance Magazine. 

Adaptive Planning ranks #1 in customer satisfaction among all comprehensive vendors of both CPM and BI, based on findings from the BPM Partners Pulse Performance Management 2013 survey revealed during the webcast. Adaptive Planning was recognized for outstanding quality and functionality. Customers expressed through BPM Partners Pulse 2013 that they are exceedingly happy with Adaptive Planning's pricing, ease-of-use, and sales help.

Additionally, Adaptive Planning was named a top 10 "Core Vendor" for the 6^th year in a row -- a record among cloud CPM providers.

"We're delighted to once again achieve the top customer success score in our category," said John Herr, CEO of Adaptive Planning. "Our ongoing leadership in this area reflects the alignment of customers and providers inherent in our software as a service model, as well as Adaptive's customer-focused and partner-friendly values, which are hallmarks of our company culture."

"Adaptive Planning is playing a key role as it continues to both broaden and strengthen its offerings through new products such as Adaptive Discovery and Adaptive Consolidation, along with ongoing user-driven enhancements to their core planning product," said Craig Schiff, CEO, BPM Partners. "Their ability to maintain high levels of customer satisfaction as they scale to thousands of customers is particularly impressive."

About BPM Partners

BPM Partners is the leading independent authority on business performance management (BPM) and business intelligence solutions. The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For further details, go to http://www.bpmpartners.com. Follow BPM Partners on Twitter @BPMTeam.

About Adaptive Planning

Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Planning is used by over 1,600 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest-growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 81 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.