Case Study: Acciona Energy achieves faster, more accurate budgeting and reporting with Planful

Acciona Energy Gains World-Class Business Insight with Planful’s Budgeting Solution

Acciona Energy, a major renewable energy operator in North America, faced significant challenges with a fragmented financial process. Relying on two different accounting systems and over 250 complex spreadsheets, the company lacked a single source of truth. This made budgeting a four-month ordeal and made it nearly impossible to produce reliable reports, severely hindering strategic decision-making. To overcome this, they turned to the Planful budgeting solution.

By implementing Planful, Acciona Energy created a unified financial model that integrated its data, even surviving a subsequent major system overhaul to SAP. The results were transformative. The finance team reduced its budgeting process from four months to under four weeks, achieving a time savings of 75-90%. Quarterly closes were completed in three days instead of requiring midnight overtime, and the company gained superior visibility into its operations to make better, faster investment decisions.

Acciona Energy

Brian Farrell

Vice President of Accounting