Case Study: P.F. Chang’s achieves faster forecasting and better margin insight with Workday Adaptive Planning

Cooking Up a Modern FP&A Environment for a Global Dining Empire

P.F. Chang’s needed to better understand its margins and optimize costs, but its static and cumbersome planning environment prevented this. Decision-makers lacked a single source of truth and meaningful insights, making it difficult to provide the detailed information required by the board and to accurately measure crucial KPIs. This challenge led them to seek a solution from Workday Adaptive Planning.

By implementing Workday Adaptive Planning, P.F. Chang’s created a modern FP&A environment that extended collaborative planning and forecasting to over 400 individual restaurant operators. This solution provided a unified platform for financial and operational data. As a result, forecasting cycle times dropped by 80%, and the company gained the ability to incorporate both finance and operational KPIs into its planning models for superior insight.

P.F. Chang’s

Jim Bell

CFO