Case Study: FarmRight achieves scalable growth with Workday Adaptive Planning

FarmRight breaks new planning ground to achieve scalable growth

FarmRight, an agricultural investor in New Zealand, grew from 3 managed dairy farms to 59 properties across dairy, beef, orchards, vineyards, and hops, making planning and forecasting increasingly complex. FarmRight needed a more flexible way to model growth and compare property performance without adding finance headcount, and turned to Workday Adaptive Planning for support.

With Workday Adaptive Planning, FarmRight streamlined forecasting and budgeting, cutting its annual budgeting process by 10 days and producing financial forecasts in half the time. The team also increased FP&A time on strategic work by 3x and added no headcount despite business growth, while gaining real-time, on-the-fly comparisons across farms and better multidimensional modeling for horticulture properties.

FarmRight

Mark Paul

Chief Financial Officer