Adaptive Releases Upgrade Of Budgeting, Reporting Tools

Adaptive Planning ships an upgrade of its namesake software for midsize companies.
Adaptive Planning on Friday released an upgrade of its namesake software for midsize companies looking to automate their budgeting, forecasting and reporting processes.

Adaptive Planning 3.5 includes a new "get-started wizard" that provides a step-by-step guide for taking new customers through the process of setting up financial models, making it easier for companies to transition from Excel-based reporting.

The upgrade also includes improvements in adding graphical dashboards and charts, and platform refinements that include better support for multidimensional modeling and analysis, and new capabilities for importing and managing data.

The software is available in three editions: Express, Corporate and Enterprise. The first version is free and open source, and is geared toward entry-level budgeting and forecasting. The remaining versions are commercially licensed, and are available as hosted services, or for in-house deployment in a company's data center. The upgrade is available at no extra charge to current customers.