Adaytum 3 is a Web-based solution that allows companies to model, build, analyse and measure real-time business plans that span multiple processes and planning areas of a company.
The solution is designed to scale, allowing companies to involve a broad range of collaborators - from traditional financial analysts to line managers as well as partners and suppliers - to achieve real-time management through sophisticated analytics and performance reporting.
"It will help the large enterprise to break down the barriers in the organisation where currently we see a lot of performance planning and management going on in silos," said Mark Stimpson, Adaytum's vice-president of international marketing.
"There are a number of planning processes going on in parallel, which have touch points with each other. We provide the ability to link data from one planning process to another in real time."
The Adaytum platform is the repository for user security, metadata and other communication infrastructure. It is designed to enable multiple Adaytum applications, such as expense plans or headcount plans, to use shared metadata objects - including dimensions and measures.
Through an intelligent distributed architecture and local calculation engine, Adaytum is designed to allow users to create and review plan submissions online or while disconnected from the network.