Adaptive Planning signs Itochu as reseller for Japan

ITOCHU Acquires Sales Representative Rights for SaaS-Type Budgeting and Performance Forecasting Management System

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) has become the first Japanese company to execute a sales representative agreement with Adaptive Planning K.K. (headquartered in Minato-ku, Tokyo; Takahiko Higashi, representative director; hereinafter “Adaptive Planning”), the Japanese subsidiary of Adaptive Planning Inc. (headquartered in California in the United States; William A. Soward, CEO) to embark on the sale of Adaptive Planning, a SaaS*1-type budgeting and performance forecasting management system supplied from Adaptive Planning.

Recent years have brought growing demand for budget management solutions with high speed, high accuracy and low cost features. For instance, 70% of midsize companies in Japan are faced with problems about time-consuming business processing and errors, and with difficulties in achieving consistency in collaborative operations as they use spreadsheet applications for budgetary management purposes… Read More on Itochu