BPM Partners named Adaptive Planning â€œMid-Market Vendor of the Year.â€ In granting the award, BPM Partners cited Adaptive Planningâ€™s leading-edge product offerings, which include on-demand, on-premises, and free open source solutions for budgeting, forecasting, and reporting, as well as the companyâ€™s outstanding customer satisfaction marks.
The â€œMid-Market Vendor of the Yearâ€ award was presented during BPM Partnersâ€™ fifth-annual â€œBeyond the Hypeâ€ webcast. The event, produced in conjunction with Business Finance Magazine, reviewed industry trends and revealed the results of vendorsâ€™ customer satisfaction ratings collected in BPM Partnersâ€™ â€œBPM Pulse Survey.â€
â€œAdaptive Planning stands out as a company that clearly understands the mid-market, delivering innovative new solutions optimized for the needs of midsized companies,â€ said Craig Schiff, chief executive officer, BPM Partners. â€œThey recognize that mid-market companies have the same information needs as major corporations, but lack the resourcesâ€”personnel, time, and capitalâ€”typically enjoyed by large enterprises. And by aggressively leveraging new â€˜BPM 2.0â€™ technologies, such as software as a service and open source, Adaptive Planning provides midsize companies with exciting new alternatives to spreadsheets for managing their budgeting, forecasting, and reporting processes.â€
â€œWe are pleased to be recognized as the â€˜Mid-Market Vendor of the Year,â€™â€ said William A. Soward, chief executive officer, Adaptive Planning. â€œWe are also proud that our customer satisfaction score ranked among the highest of all firms surveyed. Taken together, the industry award and excellent customer marks demonstrate that Adaptive Planning is continuing to execute on our mission of providing unprecedented value to midsized companies through low-cost, high-quality, quick-to-implement solutions and world-class customer support.â€
Adaptive Planning provides flexible choices to customers through three different product editions and multiple deployment options. Adaptive Planning Express Edition, the free open source version, provides entry-level budgeting and forecasting capabilities for departments and teams. Adaptive Planning Corporate Edition and Enterprise Edition, which are available under commercial licenses for low annual subscription fees, provide enhanced features for company-wide budgeting, forecasting, reporting, and analysis, as well as expanded support and indemnification. The software can either be accessed as an on-demand, web-based service, or deployed on-premises in a companyâ€™s datacenter.