1. ACTG 6310 Adaptive Planning Budgeting Software

2. Introduction On-demand budgeting and forecasting system Offers “affordable” – (1 user $3,700) annual subscriptions Allows companies to move beyond spreadsheet-based processes “Cloud” computing – data is stored off-site

3. Advantages (Claims by Adaptive Planning) Dramatically reduces budgeting and forecasting cycle times – by 90% Simplifies and standardizes data collection across the organization Decreases errors and improve saccuracy by eliminating broken links and formulas Delivers more complete and frequent forecasts, including rolling forecasts

4. Advantages Enables timely and thorough what-if analyses Allows you to make faster, more informed decisions Enhances collaboration with, and ownership by, department managers Improves alignment throughout the organization Increases the strategic value of finance

5. Process Set up accounts – General Ledger – Modeled – Matrix – Can include nonfinancial as well as financial Prepare sheets to enter data – Modeled – Any forms you set up Sales Building mortgage Purchases

6. Process Prepare reports – Modeled – Ratio analyses Create a personal dashboard containing your critical performance measures – Your choice (1-9 measures) – Must be graphed reports