Case Study: Watco Companies achieves control of maintenance CapEx and shifts focus to growth projects with Finario

Watco Gains Control of Maintenance Capex, Shifts Focus to Growth Projects

Watco Companies, a ~$1B transportation firm operating 37 railroads, 5,100 miles of track and dozens of transloading and industrial sites, faced increasingly complex capital expenditure management after rapid growth through acquisitions. Their manual, once-a-year planning process could not provide the ongoing, real-time view of investment status they needed, so Watco engaged Finario and its capital planning/Capex management platform to modernize how projects and maintenance spend were tracked and governed.

Finario implemented a centralized Capex planning solution that delivered ongoing investment data and real-time visibility across Watco’s dispersed operations, enabling the company to gain control of maintenance Capex and shift attention to growth projects. With Finario’s platform, Watco moved away from a manual annual cycle, achieved centralized oversight of its capital portfolio, and is better able to prioritize and manage projects across the business.

Watco Companies

Aaron Jensen

Senior Vice President of Business Solutions