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What does a typical corporate performance management software solution cost? (Webinar Attendee Question)

What is the typical cost of implementing a CPM solution? How long would the implementation take if done without a consultant?

This question was asked by an attendee during the Proformative webinar "Planning and Forecasting Best Practices" held on March 7, 2013. Join the discussion and add your insights below.

Answers

Dallas Moody
Title: Director
Company: Carlson Management Consulting
(Director, Carlson Management Consulting) |

The solution that we typically implement is Adaptive Planning, which has an associated annual list price for the base instance as well as a annual list price for each user which varies dependent on role within the system. Adaptive Planning is delivered under a SaaS model as it is a cloud-based system with regular updates and releases of new functionality for all users. The pricing of the above is then discounted based on term of the license and total seat volume, as well as competitive replacement discounts and nonprofit discounts. So, it really depends on your use case for the license cost.

As for the implementation, it really depends on the solution and the skillset of the implementer. Adaptive Planning is fairly similar to Excel-based modeling, but it is different enough that most people will at least need some guidance from a consultant on how to model some things within the system. We have had clients that have purchased a 25 hour allotment of time to do an implementation be completely up and operating on their own with significant involvement on their end on relatively noncomplex models.

The typical implementation averages around 150 hours of our time as consultants, but this can vary greatly based on key scoping considerations and the level of complexity of the business/model.

As for the level of time involvement required if doing an implementation as a nonconsultant, I would say that you would have to consider whatever the estimate of a consultant would be and multiply that by 2 to account for the learning curve involved in setting up structure, learning formula logic, and so forth.

Sarah Jackson
Title: Associate Editor
Company: Proformative
(Associate Editor, Proformative) |

I found we have this free whtie paper on Magic Quadrant for Corporate Performance Management Suites:

https://www.proformative.com/whitepapers/magic-quadrant-corporate-performance-management-suites

Enjoy!

Best... Sarah

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