Adaptive Planning builds social networking into budgeting tools

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Adaptive Planning, the hosted online budgeting and planning system, has gone a step further this month by adding collaboration tools and "Web 2.0" interactive communities to its financial planning processes. John Stokdyk reports.

Introduced on 2 June, the Adaptive Planning 5.0 release included new components for business modelling and dealing with allocations, but these features are likely to overshadowed by the collaborative features, which bring elements of social networking sites into the budgeting system. The new enhancements include private discussion forums, online document stores and project tracking tools.

Links are included to external pages where Adaptive Planning customers can their experiences and access best practice advice from other users.

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