Global Mid-Market Customers to Benefit from Real-time, Available and Comprehensive Financial Data and Recommendations Provided by Adaptive Insights and McGladrey
PALO ALTO, Calif. – July 8, 2014 – Adaptive Insights, the worldwide leader in cloud business analytics for the biggest brands and the hottest companies, and McGladrey LLP, the leading U.S. provider of assurance, tax, and consulting services focused on the middle market, announced a new partnership that provides customers with essential financial information that helps them achieve their business goals. Specifically, the partnership offers global mid-market customers a 360-degree, real-time view of financial information, arming executives with the critical data they need—any time, from any device—to make fast and informed strategic business decisions.
The partnership will positively impact McGladrey and Adaptive’s mid-market customers, an enormous segment widely considered underserved. According to a joint study conducted by GE Capital and Ohio State University, the middle market GDP ranks as the fourth largest economy in the world. Adaptive and McGladrey approach these businesses with a client-centric philosophy that allows for a deep understanding of customers’ business processes and goals. When combined, McGladrey’s assurance, tax, and consulting solutions, and Adaptive’s comprehensive and integrated corporate performance management (CPM) and business intelligence (BI) suite, can effectively guide customers to meet revenue and growth objectives.
McGladrey serves clients around the world through RSM International, a global network of independent assurance, tax, and consulting firms that employs more than 32,500 professionals in 100 countries. Adaptive customers can benefit from McGladrey’s industry-leading service and support, as well as the firm’s financial tools, to glean essential insight that accelerates growth and drives success.
“Our partners play a key role in Adaptive’s unstoppable momentum, and adding McGladrey to our expanding partner ecosystem is both strategic to our business and beneficial to our customers,” said Carolee Gearhart, VP of International Sales and Global Channels at Adaptive Insights. “McGladrey’s financial leaders will help our 2,200+ customers improve auditing and tax processes, while expanding Adaptive’s growing global reach.”
McGladrey selected Adaptive to help its clients migrate from Excel and legacy systems to the cloud to achieve optimal efficiency and cost-effectiveness. Adaptive reduces time and effort spent on budgeting, planning, consolidation, and analytics by 50-70 percent, and Adaptive customers report that the company’s solutions are 70 percent more cost and resource-efficient than legacy solutions. Additionally, McGladrey’s clients will receive powerful new knowledge from Adaptive that drives more impactful business results.
“We evaluated a number of cloud-based solutions and determined that Adaptive’s powerful, innovative, and intuitive platform would be the best fit for our customers,” said Gina St. Clair-Phistry, director/national Corporate Performance Management (CPM) practice leader for McGladrey. “Like McGladrey, Adaptive understands the middle market and values important traits like responsiveness and passion. We look forward to joining our personnel and IT resources to help our joint customers reach monumental milestones.”
As an Adaptive Insights partner, McGladrey undergoes an extensive certification program and is subject to rigorous standards and ongoing evaluation to ensure a high degree of quality and customer satisfaction. Adaptive Insights customers benefit from this certified network of partners who can help across system and process analysis, solution choice, implementation, training, and support.
McGladrey LLP is the leading U.S. provider of assurance, tax and consulting services focused on the middle market, with more than 6,700 people in 75 cities nationwide. McGladrey is a licensed CPA firm and serves clients around the world through RSM International, a global network of independent assurance, tax and consulting firms. McGladrey uses its deep understanding of the needs and aspirations of clients to help them succeed. For more information like us on Facebook at McGladrey News, follow us on Twitter @McGladrey and/or connect with us on LinkedIn.
About Adaptive Insights
Adaptive Insights is the worldwide leader in cloud-based business and financial analytics solutions for companies and nonprofits of all sizes. The company’s software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Insights enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.
Adaptive Insights is used by over 2,000 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the #1 fastest growing cloud business analytics and CPM software company on the Deloitte Technology Fast 500™ list; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 85 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Insights as the NetSuite Financial Planning Module. Adaptive Insights is headquartered in Palo Alto, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.