Adaptive Insights Joins Forces with Workday!
We’d like to extend a huge congratulations to the incredible Adaptive Insights team, which yesterday revealed that it has been acquired by Workday. This great outcome brings two cloud leaders together to further accelerate finance and business transformation in the cloud.
We first partnered with Adaptive Insights in 2013. We were inspired by the company’s vision to modernize planning for finance leaders by replacing spreadsheets with a cloud-based, easy-to-use platform. Corporate Performance Management (CPM) suites are traditionally used for planning budgets, forecasts, sales territories, etc, but over the past few years, more organizations have sought to leverage the advantages of cloud-based CPM solutions. Adaptive Insights has been at the forefront of this movement. Founder Rob Hull along with CEO Tom Bogan have done a tremendous building the company into the leader in SaaS CPM that they are today.
It’s been a fun journey with the Adaptive Insights team over the past few years — the company’s budgeting, forecasting, and productivity software for finance and accounting teams is now used by over 3,800 customers. Adaptive Insights is also a two-time member of the Cloud 100 and counts over 40 percent of the latest Cloud 100 companies as customers.
We’re honored Adaptive Insights invited us along for this ride and can’t wait to see where they go next with Workday. Congratulations again to Tom, Rob and the entire team!