Case Study: Biotheryx accelerates financial planning and collaboration with Strada and Workday Adaptive Planning

Biotheryx’s journey with Workday Adaptive Planning

Biotheryx, a clinical-stage biopharmaceutical company, faced challenges with its reliance on fragile, time-consuming Excel models that hampered its financial planning and lacked real-time agility. To achieve a more scalable and accurate solution, Biotheryx partnered with vendor Strada to deploy Workday Adaptive Planning.

Strada implemented Workday Adaptive Planning in just 10 weeks, integrating it with NetSuite for automated data and enabling comprehensive financial planning. The results included significant time savings, improved accuracy, and enhanced collaboration. Biotheryx gained the ability to perform real-time scenario planning and create board reports in a fraction of the previous time, allowing the finance team to shift its focus from data management to strategic analysis.

Biotheryx

David Pieters

Vice President Finance & Corporate Controller