Case Study: Tandem Diabetes Care achieves scalable, error-resistant budgeting and forecasting with Planful

Tandem Diabetes Care Supports Fast-paced Growth with the Cloud

Tandem Diabetes Care, a rapidly-growing medical device company, faced significant challenges after outgrowing its reliance on error-prone Excel spreadsheets for budgeting and forecasting. Their manual processes were not scalable, lacked a proper audit trail, and could not accommodate the dynamic, flexible planning required by their explosive growth. To address these issues, they turned to the vendor Planful for a modern financial planning solution.

By implementing Planful's cloud-based planning, reporting, and analytics modules, Tandem Diabetes Care established a single source of truth for its financial data. The solution provided immediate results, including significantly improved traceability of assumptions, superior data integrity, and better visibility into supporting details. According to a senior manager, Planful made reforecasting and comparing scenarios much easier, providing the scalable and flexible foundation the company needed to support its continued fast-paced growth.

Tandem Diabetes Care

Olivia Stewart

Senior Manager, Financial Planning