Case Study: Hightail achieves faster monthly close and improved reporting with Workday Adaptive Planning

Hightail Elevates Financial Performance with Cloud-Based Solution

Hightail, a San Francisco–based cloud file-sharing and storage company founded in 2004 that serves 40 million users and 98% of the Fortune 500, faced slow, error-prone financial processes. Teams spent hours manually importing data into spreadsheets, last-minute reporting left little time for analysis, and the monthly close required four days.

By implementing Adaptive Insights’ cloud-based planning, Hightail automated data imports from NetSuite and other sources, enabled more flexible reporting (including actuals vs. forecast comparisons), and freed up time for analysis. The solution reduced the monthly close from four days to under one day and improved data accuracy and accountability.

Hightail

Tammy Bieter

Sr. Financial Planing Manager