Case Study: Fastems achieves 50% faster monthly close and streamlined rolling forecasts with Workday Adaptive Planning

Fastems Boosts Capacity Of Its Finance Team

Fastems, a Finland-based maker of flexible factory and robotics automation systems with operations in 12 countries and three business units, struggled with a complex, driver-based planning model that relied on four different source systems and multiple spreadsheets. The finance team spent excessive time on manual consolidation and couldn’t efficiently run rolling forecasts or multi-scenario analyses needed to support decision-making across the business.

By implementing Workday Adaptive Planning, Fastems integrated CRM and ERP data, automated intercompany eliminations, allocations and currency conversions, and enabled monthly 12‑month rolling forecasts with “what‑if” scenario modeling across divisions. The change cut monthly closing and reporting time by about 50% (saving roughly 48 days a year), freed up time for analysis, improved transparency of KPIs, and made forecasting far more agile.

Fastems

Ville Purhonen

Finance Director