Case Study: Balco Australia achieves transparent, collaborative financial planning with Workday Adaptive Planning

From top-down and silos to transparency and collaboration

Balco Australia was struggling with top-down budgeting and siloed planning, making it harder to collaborate and respond quickly in a dynamic industry. Using Workday Adaptive Planning, Balco needed a better way to improve pricing decisions, stay within budget, and uncover efficiencies.

Workday Adaptive Planning implemented collaborative budgeting, financial modeling, and rolling forecasts for Balco Australia. The results included one-third of finance time redirected to strategic work, 11 new forecasts per year, what-if scenarios completed in 2 days, and the annual budgeting cycle cut from 60 days to 40 days.

Balco Australia

Edgar Torres

Financial Controller