Case Study: CORT Business Services achieves faster budgeting and 80% better forecasting with Workday Adaptive Planning

Cort improves forecasting and enhances visibility into financial operation

CORT Business Services, a rental furniture retailer with 50 operating districts, was struggling with a six-month, Excel-based budgeting process that required manual consolidation of spreadsheets, created version-control issues, and often produced an outdated budget. To modernize financial planning, the company turned to Workday Adaptive Planning’s financial planning solution.

Workday Adaptive Planning helped CORT streamline data roll-ups, standardize assumptions, and eliminate formula and version errors, allowing more than 400 contributors to work in a single system. As a result, CORT cut the budget cycle by more than half, reduced corporate reporting time by three months, improved forecasting by 80%, and turned forecasting into a one-day monthly review process.

CORT Business Services

Deborah Lansford

CFO