Case Study: Specsavers achieves streamlined budgeting and real-time cost visibility with Workday Adaptive Planning

Specsavers Achieves Enterprise View of Corporate Performance to Lead Business Initiatives

Specsavers, the multinational optical retailer with more than 350 stores in Australia and New Zealand (and operations across the British Isles and Nordics), faced growing complexity that outstripped its spreadsheet-based budgeting. The finance team lacked visibility into key cost drivers like headcount and travel, spent excessive time consolidating budgets across 60 cost centres, and was bogged down by error-prone processes.

Partnering with Forpoint Solutions, Specsavers implemented Workday Adaptive Planning in two months, building models for headcount and travel and prioritizing essential budgeting capabilities. The rollout streamlined budgeting and consolidation (updating P&L impacts in seconds), improved understanding of cost drivers and what-if scenarios, and freed finance to focus on strategy—while enabling more frequent forecasting and better self-service reporting.

Specsavers

Peter Wills

Head of Planning, Reporting, and Analysis