Case Study: Sandy Spring Bank reduces annual strategic planning and budgeting process cycles by 43% with Longview

Commercial Banking Business Reduces Annual Strategic Planning and Budgeting Process Cycles by 43%

Sandy Spring Bank is an independent, community-focused commercial bank operating 43 offices across Maryland and Virginia and offering banking, insurance, and investment services. The finance team relied on SAP Business Objects Planning (INEA) and Excel-based models for strategic planning, budgeting, consolidation, and reporting, which created labor‑intensive data collection, limited forecasting and what‑if capabilities, and difficulty meeting growing internal profitability and regulatory reporting demands.

Using Longview for planning, consolidation, tax and deployment advisory services, the bank established a single source of data, simplified loan forecasting for ALCO and business lines, and implemented role‑based web dashboards and centralized report production. The solution enabled decentralized variance analysis, rolling forecasts beyond year‑end, streamlined the financial close and management reporting, increased confidence in plans and reports, and reduced annual strategic planning and budgeting cycle times by 43%.

Sandy Spring Bank