Case Study: 24 Hour Fitness achieves streamlined planning, budgeting & forecasting with Longview

Longview Application Improves Planning, Budgeting & Forecasting, and Provides Robust Analysis Capability for Managing Rapid Business Growth

24 Hour Fitness, a global chain with more than 400 clubs and about $1.5 billion in annual revenue, struggled to support detailed club-level planning, budgeting and forecasting using a legacy PeopleSoft system and extensive Excel spreadsheets. Manual processes were time-consuming, error-prone and lacked the drill-down, trending and scalability needed to analyze revenues, staffing, and operational metrics across hundreds of locations, leaving senior management without timely, consistent answers.

The company implemented Longview Planning, Budgeting & Forecasting’s out-of-the-box module, which integrated with existing systems and replaced manual data manipulation with intuitive click-and-drag modeling. This enabled fast what-if scenario analysis, detailed club-to-division rollups, and consistent, accurate P&L and forecast reports in minutes instead of days, eliminating spreadsheets, improving benchmarking and turning FP&A into a strategic partner.

24 Hour Fitness

Mike Pantano

Senior Director, Financial Planning & Analysis (FP&A) and Treasury