Case Study: Quidel trims reporting costs and speeds planning with Workday Adaptive Planning

Quidel achieves rapid ROI after switching to Adaptive Insights

Quidel Corporation, a leading manufacturer of diagnostic healthcare solutions, faced significant challenges with its legacy Prophix planning system. Their financial reporting process was slow and cumbersome, requiring extensive manual data transfers and reformatting that delayed insights for over a week each month. This lack of self-service reporting for managers and the difficulty consolidating data from a newly acquired entity with a different ERP system hindered their financial agility and visibility across operations. They turned to Workday Adaptive Planning for a solution.

Workday Adaptive Planning provided a cloud-based solution that streamlined Quidel's financial workflow. Its multi-instance capability allowed the parent company and its acquisition to maintain separate charts of accounts while enabling seamless, automated consolidation for a holistic view. The implementation dramatically accelerated reporting, saving an estimated $40,000 annually in labor costs by eliminating manual processes. The solution also empowered managers with self-service reporting, providing real-time access to data and the flexibility to react quickly to market changes.

Quidel Corporation

Tyler Tracy

Manager, Financial Planning and Analysis