Case Study: Granite achieves unified budgets and faster financial forecasting with Workday Adaptive Planning

New planning solution paves the way for better financial forecasts

Granite, a construction firm managing thousands of projects, needed better financial coordination and more detailed budget-versus-actual insights to improve forecasting amid changing supply chains and weather conditions. Using Workday Adaptive Planning, Granite sought a more unified way to analyze profits, losses, and project-level variances across its operations.

With Workday Adaptive Planning, Granite centralized coordinated financial planning for 3,500 projects and gained the ability to drill down to individual job details for richer forecasts. The solution helped cut month-end variance reporting time by 30%, increased consolidated forecast frequency by 60%, and reduced board reporting from 10 days to 3, improving speed and visibility across the business.

Granite

Abbie Aribas

Head of Financial Planning and Analysis