We’ve told you about Thiess before — Australia’s leading construction and mining services contractor and one of the largest open-cut contract miners in the world that leverages cloud-based visual analytics from Adaptive Planning across:
Contributed Article by Matthew Grove, Director, Business Development, GK Horizons
Matthew Grove, GK Horizons
Recently, we’ve heard rumblings from some of the large and well established software vendors about their long overdue move to the cloud. In the early days of the cloud concept Oracle, IBM, and SAP were waiting to see how the market would react before declaring their strategies. Once they accepted the shift towards the cloud, they decided to re-brand as cloud vendors.
However, as I’m about to explain, this is a very difficult transition to make for large, well established applications made by large, well established software vendors. In fact, their recent claims to have gone cloud do not mean they’ve actually developed genuine, native SaaS applications at all.
As you’ll see below, finance professionals face many obstacles during the financial consolidation and reporting process, including:
An average of 11 days to close the books each month.
Consolidation of multiple subsidiaries
Antiquated financial reporting spreadsheets leading to crippling financial errors
The list goes on and on. But as this infographic explains, Adaptive Planning is here to help with a cloud-based planning, budgeting and forecasting software solution that has helped businesses cut their time spent on financial consolidation by as much as 70%! Check out the full story below, and then click on the infographic to watch our new financial consolidation video
for more advice on accelerating your close process and freeing up time to focus on more strategic, revenue generating initiatives!
Adaptive Planning has received the top rating in 11 out of 12 total categories in BPM Partners’ 2013 Pulse of Performance Management Survey against extended and established Enterprise Performance Management & Business Intelligence solutions, including Oracle Hyperion, IBM Cognos, and SAP BPC.
Below are a list of the 11 categories that Adaptive Planning ranks higher in than the IBM, SAP, and Hyperion solutions mentioned above. And as you can see, the list includes a wide range of solution and personal support performance indicators, from quality and functionality, to customer communication from sales process to implementation, to overall customer satisfaction with their Adaptive Planning instance.
#1 in Overall Customer Satisfaction
#1 in Price & Value
#1 in Functionality
#1 in Ease-of-Use
#1 in Ease –of-Implementation
#1 in Quality of Product and Service
#1 in Support Documentation
#1 in Training
#1 in Consulting
#1 in Customer Communication
#1 in Sales Process
While a top industry report ranking is not new for Adaptive, BPM’s latest findings are particularly interesting and relevant. Here’s why.
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2013 has been an incredible year in the history of Adaptive Planning. From surpassing the 2,000 customer milestone worldwide, to developing new international partners, to earning the #1 overall customer satisfaction rating within several industry reports, 2013 has been a year of tremendous growth and success.
Finance Professionals around the world have been instrumental in that success. So in the spirit of the holiday season, we’ve decided to give back to the people who have helped make Adaptive the most trusted cloud CPM software solution among today’s fastest-growing, most innovative companies.
There’s always an excuse to stick with a corporate solution you’re familiar with.
There’s not enough buy-in from others to switch to a new solution.
Implementation will take too long.
There may be a more efficient way, but our current solution is doing a decent job.
The reality is that the longer you wait, the more entrenched you’ll find yourself in an outdated process due to a solution that’s out of touch with your business needs. This is particularly true when it comes to financial planning, budgeting, and forecasting. Outdated solutions can lead to crippling errors and time wasted on manual processes. If you’re still using an on-premise solution today for your finance operations, here are three signs that say “it’s time to make the switch to a better solution.”