PALO ALTO, Calif., Nov. 28, 2017 /PRNewswire/ -- Adaptive Insights, a recognized leader in cloud corporate performance management (CPM), celebrates #GivingTuesday with its more than 500 nonprofit customers today. #GivingTuesday, a global day of giving the day after Cyber Monday, urges giving back in the form of donations, time, and goods, at the start of the holiday season. Entering its sixth year, #GivingTuesday is expected to exceed the $168 million in charitable donations raised last year for charities and nonprofits worldwide.
"Since our founding, we've focused on making planning easier for individuals and enabling organizations to better manage their businesses," said Rob Hull, Founder and Chairman of Adaptive Insights. "I'm proud that today we empower more than 500 nonprofits to effectively and efficiently manage their organizations, enabling them to maximize the good they deliver to their communities and causes. On #GivingTuesday, we celebrate these teams and organizations and the difference they make in our world."
Adaptive Insights has dedicated both time and resources to giving back, providing employees volunteer time off (VTO) for volunteer activities of their choice, as well as contributions to organizations like American Cancer Society, Avon Foundation, Central Texas Food Bank, Family Giving Tree, Movember Foundation, Pan Mass Challenge, Second Harvest Food Bank, Sunday Friends, and more.
Nonprofit Customers Leverage Cloud Planning to Deliver Increased Value to Donors, Constituents
In addition to its own charitable support efforts, the company is dedicated to enabling nonprofit organizations to deliver increased value to donors and constituents through the use of its business planning software. Featuring global organizations that span myriad causes including the arts, education, fighting hunger and promoting conservation, Adaptive Insights' nonprofit customers leverage its cloud planning software to manage donations, staffing, facilities, and trusts. With better insights into their financial and operational performance, these organizations are able to optimize budgets.
The Goodwill of Silicon Valley, an organization dedicated to improving employment opportunities, increased standard of living, economic independence through workforce creation, and vocational training, completed its first budget cycle using Adaptive Insights cloud planning platform last month. With Goodwill Silicon Valley store managers now using the cloud planning platform, important data from across the organization is easily gathered and used to better plan and manage resources. "Our priority is to maximize the donations we receive to better serve our community and those in need," said Chris Baker, CFO, of Goodwill of Silicon Valley. "By extending our planning platform to retail and operations management, we're seeing significant time and efficiency savings, and ultimately a more comprehensive view of our business. This, in turn, results in our ability to deliver the critical services and support our customers and clients need and expect from Goodwill."
Having just served nearly 5,000 Thanksgiving meals in San Francisco to those in need, GLIDE continues year-round providing vital services and compassion to our most vulnerable neighbors. For over 50 years, this nonprofit organization has been dedicated to creating a radically inclusive, just, and loving community mobilized to alleviate suffering and break the cycles of poverty and marginalization. "Our ability to serve the community is directly related to our ability to manage our operations and finances," said Juliet Clothier, GLIDE's chief financial officer. "Using Adaptive Insights' platform, we're able to get the visibility we need to successfully plan and budget, based on a real-time view of monetary donations, food and services contributions, and volunteers. As we continue to grow and scale our services, we do so with the confidence that we have the right information to make the right decisions for our organization, and ultimately for those we serve."
At national cancer research organization Leukemia & Lymphoma Society, every donated dollar counts. Nearly half of its organization uses Adaptive Insights to enable better budgeting, forecasting and reporting. "As responsible stewards of the funds donated to LLS, we're committed to providing the most updated technology and access to those in our organization responsible for financial management, which is why we standardized on the Adaptive Insights platform," said Nathan Taylor, vice president financial planning & analysis at LLS. "The increased visibility and access to financial data across our organization provide our staff, donors, and other constituents an increased level of confidence in LLS's ability to efficiently deliver our mission across research, patient access and advocacy."
Part of the oldest and largest youth charity in the world, the YMCA London Southwest focuses on four key areas of work: accommodation; children, youth and family; health and well-being; and training and education. "Adaptive Insights gives us complete control over the whole financial model and helps us to be much faster, more efficient, and more strategic in our planning and forecasting processes," said Carrie Bowers, Management Accountant, YMCA London Southwest. "Our aim as a community charity is to meet people at their point of need, be that with housing, improving fitness and wellbeing or working with children and young people. From cash management to budgeting and forecasting, Adaptive Insights helps us to ensure the charity is properly run and accounted for, so those activities can reach as many people as possible."
Read how other nonprofit organizations use Adaptive Insights here.
About Adaptive Insights
Adaptive Insights is a recognized leader in cloud corporate performance management (CPM). The company's Adaptive Suite enables companies of all sizes to collaboratively plan and model, easily access real-time analytics, streamline complex financial reporting, and accelerate financial consolidation. With this best-practice active planning process, Adaptive Insights differentiates with easy, powerful, and fast software that empowers more than 3,500 customers globally to drive business success.
Adaptive Insights is a privately held company with headquarters in Palo Alto, CA, and a presence in more than 50 countries. To learn more, visit adaptiveinsights.com.
SOURCE Adaptive Insights
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