The Adaptive Insights Advantage
As a leading Austin-based consulting firm, 9Gauge Partners continues to utilize its partnership with Adaptive Insights to leverage innovative CPM and business intelligence solutions to help leaders make better business decisions faster. Below is a detailed look into how Adaptive Insights can help your company’s needs:
Challenge: Did you know that…
- It is an exciting time to be in finance, finance organizations are seeing a shift in their role. For example, 3 out of 4 finance leaders have seen their strategic influence increase over the last three years (Accenture). This is both an opportunity and a challenge.
In speaking with other companies like yours, we see that many finance teams are still struggling with tactical FP&A, reporting, and analysis process, and don’t have the time to focus on the analysis that their increasingly being asked to do.
- Many core finance and accounting processes are manual, 75% of the effort in planning, reporting, analysis, and consolidation is wasted rekeying and manually rolling up data (Source: Ventana).
- Worse 90% of spreadsheets contain data and formula errors, while 90% of users are convinced they are error free – creating substantial material risk as the pace of business accelerates (Source ACCA).
- In fact 64% of finance organizations report that their annual plans are out of date by the beginning of the fiscal year (Source: Beyond Budgeting Round Table).
Is this what you are seeing in your organization?
The Opportunity in Your Organization:
The good news is that addressing your budgeting, planning, forecasting, analysis and reporting process so they are automated and agile, will enable you and your team to focus more on creating the most effective plan, the right forecasts, and analyze performance.
More effective, data driven plans and dashboards drive better expense control, revenue analytics, headcount analysis, reduce forecast variances and help the overall organization identify you identify opportunities to improve faster. For example, a study by Bain and company found that companies that use analytics best are 2x more likely to have top-quartile financial performance.
So, what if you could…
- Plan and forecast in a fraction of the time it takes now?
- Finally access data you could trust at your fingertips?
- Move from managing the planning process to analyzing the plan?
- Reallocate those resources from tactics to strategy?
- Analyze to deliver key insights and improve performance?
At Adaptive, we can help by providing a complete cloud planning, consolidation, reporting and analysis suite, enabling you to both reduced manual processes, and increase analysis and insight.
- Cut your time spent on manual processes and spreadsheets by 70%- with automated roll ups, centralized calculations, and workflow.
- Update plans, models, and forecasts quickly and reliably, with an easy to use centralized engine.
- Improve forecast accuracy and analysis by enabling continual measurement between actuals and forecasts.
- Instantly see and analyze actuals, plans, and forecasts from anywhere – with dashboards and sheets that deliver the latest trusted data and consistent metrics.
- Streamline your reporting processes with financial, management, web and Microsoft Office based reporting to a single click – and empower managers to access themselves.
- Cut costs by 50%+ versus traditional solutions with 100% cloud delivery, automated updates, and self service.
Need Evidence? Check out these Adaptive Insights Case Studies:
- We have already helped achieve substantial results at 2,500+ customers across 85 countries worldwide, while ranking #1 in customer satisfaction, and we are confident we can help you too.