Adaptive Planning debuts open-source business tools

Adaptive Planning on Tuesday introduced an open-source product for budgeting and financial planning to complement its high-end, closed-source offerings.

The company released Adaptive Planning Express Edition and said the source code will be hosted on the SourceForge Web site. The freely available product provides basic "business process performance" capabilities, including collaborative reporting, budgeting and analysis, which it presents in a spreadsheet user interface. The company continues to have two higher-end tools that are sold with a commercial license.