Adaptive Insights Named a Leader in the Gartner 2016 Magic Quadrant Strategic Corporate Performance Management Solutions Report

Adaptive_Insights_300-200Gartner has positioned Adaptive Insights as a Leader in its 2016 Magic Quadrant for Strategic Corporate Performance Management Solutions report, reflecting a new category definition for CPM from Gartner. This is the first year that Adaptive Insights has appeared in the Leaders Quadrant of a Gartner CPM report and now holds the distinction of being the first and only cloud corporate performance management (CPM) vendor to ever ascend to Gartner’s Leader Quadrant.

The 2016 Magic Quadrant for Strategic Corporate Performance Management Solutions report evaluated 16 different software vendors on the following weighted criteria: market share, new license and subscription revenue, product strategy, customer satisfaction, and market understanding.

Highlights of the report:

  • Adaptive Insights is the ONLY pure-play SaaS vendor to be named in the Leaders Quadrant
  • Customers placed Adaptive Insights in the top quartile for their satisfaction with budgeting, planning, ease of implementation, ease of use, ongoing support, and for their overall satisfaction with both vendor and solution
  • Adaptive Insights has 3,000 customers in production, which compares favorably with other vendors listed in the Leaders quadrant
  • Adaptive Insights’ recent Adaptive Suite 2016.2 release has new features that allow for more complex planning models and the linking of planning dimensions across multiple applications

“We wish to congratulate Adaptive Insights for this achievement and recognition from Gartner,” stated Ethan Carlson, CEO and founder of Carlson Management Consulting, an Adaptive Insights Platinum Partner. “Adaptive Insights has been at the forefront of cloud technology, the customer experience and enabling productivity in the financial solutions space.  This report further validates their vision, execution and dedication to customer success.”

For easy reference, the report can be downloaded here: Gartner SCPM Report 2016.

A Day in the Life of a Budget Manager: Atlanta Workshop

A Day in the Life of a Budget Manager

Venue: The Ritz-Carlton, Buckhead
3434 Peachtree Rd
Atlanta, GA 30326

Date: June 9th, 2016
Time: 8:00am – 11:00am

Cost: Complimentary

Are you having trouble getting your managers involved in the budgeting process? Tired of rolling up endless spreadsheets? You don’t have to look any further.

On June 9th, Adaptive Insights and Carlson Management Consulting will show you how to reduce FP&A time spent supporting managers through self-service analytics, planning, and reporting. Register today to join your finance peers from companies who have successfully elevated manager engagement and you will:

  • Work in a pre-populated model to perform common budget manager activities while following along with an Adaptive expert
  • Learn how to review a dashboard, update a revenue and expense budget, analyze a variance report, and more
  • Discover how to build a collaborative budget and effectively manage the process with workflow

You don’t want to miss out! Secure your seat for this complimentary workshop.

Register Today!

Adaptive Insights as a Central Hub for Decision-Making

At the recent 2016 Adaptive Live user conference, I had the opportunity to present a session along with a panel of our customers about the benefits of making Adaptive Insights the central hub of decision-making.  Many organizations fail to fully utilize the breadth of capability within Adaptive for making solid business decisions by limiting the scope of data from which they work.  Part of the reason for this is the mindset among some finance professionals that they should be concerned only with financial data.  Another reason is that importing data from external systems can be time-intensive and problematic.  What I conveyed, and demonstrated through my company’s own use of Adaptive, is that unifying data within Adaptive is not as challenging as one might think.

According to the Harvard Business Review (Oct. 2012 edition), data-driven organizations are 5% more productive and 6% more profitable than their competitors.  This alone is a compelling reason to investigate the means for broadening the scope and quality of data within Adaptive.  So how does one get started?  Examine the graphic below for incremental steps:

central hub diagram

The 1st step is critical because, as the saying goes, “garbage in – garbage out”.  It’s important to take stock of the data being generated in external systems to make sure that it is credible and in the appropriate format for importing into Adaptive.

The 2nd step begins with identifying a discrete number of drivers (I recommend 10 or so) that really move the needle within your organization.  These are the key elements for measuring financial and operational performance.  By qualifying a smaller set of drivers, it is much easier to focus on the important variables where decisions have the greatest impact.  One thing to note, you should also incorporate non-financial drivers within Adaptive.  The best way to determine these is through feedback from your colleagues in different areas of the business.  After all, the benefits of Adaptive can and should be distributed throughout your organization.

Step 3 is an interim step that helps you understand how you should structure your data for import.  It also allows you to troubleshoot any technical issues or questions that may arise.  You can then test how that data would display in Adaptive and make any changes as required.

In the 4th step, I recommend focusing on automating the data integration between systems.  This is important for the following reasons:

  • Data transfers are now the leading cause of data errors
  • Automation reduces the time spent populating data
  • Automation synchronizes data between systems more efficiently
  • It enables end users to always work with up-to-date data and information

The 5th step is about quantifying the benefits that you have received through automated integration.  While you should realize efficiencies in short order, it’s always a good idea to be able to report to the executive team the benefits you’ve enjoyed.  Furthermore, by reducing the amount of time spent on these types of manual processes, your FP&A team will have much more time for value-added analysis, which is covered in the next step.

Step 5 is a focus on thorough and thoughtful analysis based on quality, comprehensive data which naturally improves the quality of decisions.  The data and analyses that your team develops should be distributed to other stakeholders outside of finance.  What better way than to provide self-service dashboards and reports?  This is a key functionality offered by Adaptive Insights’ Discovery product.

Now that you understand the steps and benefits of automated integration, there are several approaches that you can take to get to unified data.  One cost-effective and quick way to get there is with DataBlend .  DataBlend (see video here) is a cloud-based integration solution that we at Carlson developed after listening to our customers’ requirements for a business user friendly way of integrating systems with Adaptive.  Of course, we used DataBlend within our own company to unify data and create a central hub which has paid enormous dividends (see our actual systems workflow below):

Carlson workflow

Prior to implementing DataBlend, we encountered many of the challenges experienced by high growth firms with silo’ed systems.  Take a look below at our before-and-offer challenges and results:

Carlson hub challenges resultsOur own experience making Adaptive a central hub for business decision-making has paid off with tangible returns.  Best of all, it can be done with relatively little effort and cost.  If you are interested in transforming Adaptive Insights into your own central hub for decision-making, contact us today to schedule a discovery call and demo of DataBlend.

Join Carlson and Adaptive Insights for Lessons Over Lunch in Ft. Lauderdale

Lessons over lunch

Join your peers for a complimentary finance executive luncheon on Tuesday, June 7 at The Capital Grille. You’ll learn how successful finance teams leverage FP&A technology to improve accuracy and efficiency, as well as actionable strategies to bring finance transformation to your company.

Attend to learn how to:

  • Enhance your credibility by delivering more value and higher quality to internal customers
  • Reduce budgeting time by 70% – while eliminating errors
  • Deliver timely, accurate re-forecasts and what-if scenarios


Please contact me with any questions about this event.  We look forward to your participation!


Mike Mooney
(603) 369-0387

Beyond the Benefits: Ethan Carlson to Moderate Panel at the CFO Leadership Council Talent Show

CFOLC talent showTalent – we all have it, employ it, and rely on it to help move our companies forward. But how do you find the best people, best growth opportunities, and best methods to retain that talent base?

Join The CFO Leadership Council on Wednesday, May 18, 2016 at Bentley University for The 2016 CFO Talent Show, a full-day event dedicated to the lifecycle of your talent processes. From new methods to find high-talent employees to building an award-winning culture, managing across generations and surviving through downturns, our conference will inspire you to change the way you engage with your most important asset – your people.

The Talent Show agenda includes:

  • Morning panels on ‘Follow Me: Finding Great Employees the First Time Around,’ and ‘When It All Falls Down: Managing During a Downturn’
  • Afternoon panels on ‘How to be the Next Cool Place to Work,’ and ‘The Future of our Workforce’
  • New 10-minute Radical CFO Talks on Personality Tests, Office Design, The Power of Play, and making the old new again

For the most up-to-date agenda, please go here.

From 2:40pm – 3:50pm, Ethan Carlson will moderate the panel discussion: Beyond The Benefits: Becoming The Cool Place To Work.  This panel will look at how companies, new and mature, are revitalizing their corporate culture to be a place that potential employees want to work and current employees are proud to be a part of. We’ll review benefits packages, review and feedback, philanthropy, social engagement, and more. Confirmed speakers include:

CFOLC confirmed speakers
Please click here to register.