DocuSign Selects Adaptive Planning for Streamlined Financial Management

MOUNTAIN VIEW, CA--(Marketwire - Feb 14, 2012) - Adaptive Planning, the worldwide leader in cloud-based corporate performance management (CPM) solutions for companies and nonprofits of all sizes, today announced that DocuSign, the global standard for eSignature, has successfully implemented Adaptive Planning to streamline budgeting, reporting, and forecasting processes.

As DocuSign grew from a start up and pioneer in SaaS-based electronic signature to the global standard, the company seized the opportunity to upgrade and automate its financial management systems to support its continued, rapid growth. Now with Adaptive Planning, DocuSign has the ability to conduct top down and bottom up budgeting while planning for future events, measuring the performance of the company, and conducting variance analysis. DocuSign is also able to import data from other solutions for improved sales forecasting.

"Adaptive Planning's implementation and support organizations are outstanding -- they made the transition to Adaptive Planning quick and easy," said Mike Wong, Director of FP&A. "We now have the details behind every budget or forecast number and with their new release we can drill into our GL detail and satisfy the accountant in everyone."

"The ease of reporting within Adaptive Planning is one of the product's best features," confirms Wong. "They have developed intuitive drag and drop functionality for reporting. In addition, I can version multiple plans for scenario analysis and compare these scenarios with a simple click of the button."

"We are pleased that we have been able to help DocuSign transform their budgeting, forecasting, and reporting," said Greg Schneider, VP Marketing, Adaptive Planning. "DocuSign is an excellent example of how Adaptive Planning can help companies analyze and report on data from multiple systems, as well as conduct budgeting, forecasting, commission planning, and sales forecasting with one integrated solution."

About DocuSign Inc.

DocuSign® is the global standard for eSignature. DocuSign helps customers accelerate transaction cycle times to increase speed to revenue, reduce costs, and enhance customer satisfaction with the easiest, fastest, most secure global network for sending, signing, tracking, and storing documents in the cloud. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.

About Adaptive Planning

Adaptive Planning is the worldwide leader in on-demand corporate performance management (CPM) solutions for companies and nonprofits of all sizes. Adaptive Planning's solutions allow finance and management teams to obtain real-time visibility into performance metrics, streamline financial planning and reporting, and drive better business decisions. By offering affordable annual subscriptions and rapid implementations, and by eliminating the need for new hardware and IT support, Adaptive Planning makes it easy to move beyond spreadsheet-based processes without the cost and complexity associated with traditional on-premise CPM applications. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by ONSET Ventures, Monitor Ventures, Cardinal Venture Capital and Clairmont Capital.