About this Constellation ShortList™
Cloud-based Planning platforms help companies with budgeting and forecasting, strategic and operational planning, workforce planning and optimization, and financial reporting. The category emerged in the ’80s and ’90s as on-premises “performance management” software aimed at large enterprises. Cloud-based planning platforms have emerged over the last decade, initially adopted by small- and medium-sized organizations. Now, cloud-based platforms are scaling up into enterprise deployments, and they are seeing double-digit annual sales gains.
This category refers to cloud-based planning platforms that support budgeting, planning, forecasting, modeling, analysis and reporting. The cloud makes it possible to quickly deploy, configure and change these systems to support a broad base of users both within and beyond finance departments. Planning platforms bring vital what-if analysis capabilities for dealing with rapid growth, fast-changing business conditions, or the development of new products/business models.
The name of this list has changed to “Cloud-based Planning Platforms” from “Corporate Performance Management” to reflect broad strategic and operational use outside the boundaries of finance. The name change also reflects end-user adoption of “financial planning and analysis” as the name of the discipline that they practice.
Constellation considers the following criteria for these solutions:
- Rapid deployment and configuration of multi-tenant services
- Agile budgeting, planning and forecasting capabilities
- Flexible modeling capabilities
- Rich data analysis and reporting tools
- Modern, intuitive interfaces
The Constellation ShortList™
Constellation evaluates more than a dozen solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.
- Adaptive Insights, a Workday company
- Host Analytics
Frequency of Evaluation
Each Constellation ShortList evaluation will be updated every 180 days as needed.
If you would like to put our extensive expertise in vendor selections and contact negotiations to work for you, please contact us at ShortList@constellationr.com.