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MOUNTAIN VIEW, Calif. and AUBURN HILLS, Mich., July 16, 2012 — Adaptive Planning, the worldwide leader in cloud-based corporate performance management (CPM) solutions for companies and nonprofits of all sizes, and Plex Systems, a leading Cloud ERP solution for the manufacturing enterprise, today announced that they have partnered to enhance their customers’ budgeting, forecasting, and reporting capabilities.
Plex Systems’ finance department selected Adaptive Planning for their internal budgeting, forecasting, and reporting needs. After experiencing great success using Adaptive Planning, the company’s executive team realized they could offer the application to their own customers. In fact, customer feedback from Plex Systems’ customer advisory board elevated the need for more robust budgeting and reporting capabilities. To provide these capabilities, the companies developed seamless integration between their applications using the PlexSystems Connector.
“We chose Adaptive Planning internally because we needed a robust solution for financial planning,” said Plex Systems Chief Financial Officer Michael Twarozynski. “We decided that with such a feature-rich application already on the market—one which works extremely well for manufacturing companies-- it didn’t make sense to build a solution in-house. Now Plex Online customers can benefit from the same capabilities our finance team has leveraged for financial planning and reporting.”
“We are happy to expand our relationship with Plex Systems from a satisfied customer into a strategic channel partner,” said John Herr, CEO, Adaptive Planning. “The fact that both of our companies have a very strong base of manufacturing customers makes this partnership a natural one. We look forward to working closely together to deliver enhanced budgeting, forecasting and reporting solutions to the Plex Online user community.”