Case Study: Banco Toyota do Brasil achieves 30% faster budgeting and accurate earning-asset projections with CCH Tagetik

Earning Assets Projection the Main Challenge of Banco Toyota do Brasil Planning Process

Banco Toyota do Brasil, a subsidiary of Toyota Financial Services operating since 1999 with about 70,000 clients and over 150 dealers, struggled to produce accurate, product‑level financial forecasts. The finance team was stuck in “Excel hell,” manually updating up to 40 complex spreadsheets while needing detailed 60‑month projections for more than 50 products, modeling early pay‑offs and delinquency assumptions, and consolidating SG&A, payroll and IT project costs.

By implementing Tagetik, the bank automated portfolio, debt and cash projections, driver‑based SG&A and payroll calculations, and IT project depreciation; portfolio runs now take five minutes and rolling forecasts are produced monthly. The change eliminated manual spreadsheets, enabled fast product‑level simulations, reduced budgeting and forecasting time by 30%, and cut budget‑to‑actual variance to a maximum of 5% (down from 10%).

Banco Toyota do Brasil

Rafael Yoshihara

Financial Planning Coordinator