Case Study: Simmons Bank achieves faster closes and real-time financial insights with Workday Adaptive Planning

Simmons Bank - Customer Case Study

Simmons Bank, a community-focused institution founded in 1903 that has grown from about $3.2 billion to over $20 billion in assets and operates more than 200 branches across eight states, faced scaling limits from its legacy systems. The bank lacked real-time data, relied on manual compilation for reporting, required significant manual effort in finance and human capital processes, and experienced lengthy month-, quarter-, and year-end close cycles.

Simmons implemented a broad suite of Workday applications across finance and HR—including Financial Management, Human Capital Management, Planning, Payroll, Time Tracking, Recruiting, Procurement, Expenses, Benefits, and Projects—creating integrated, automated processes. The change reduced reconciliations and manual work, improved accounts payable consistency and cost-effectiveness, shortened close times, and shifted accounting and finance teams’ focus from tactical processing to trend analysis and strategic decision-making.

Simmons Bank

Patrick Neeley

CPA, Executive Vice President, Bank Operations Group