Case Study: loanDepot achieves faster, more efficient mortgage reporting with Workday Adaptive Planning

Tech forward mortgage company depends on Workday to process data for over 10,000 loans per month

loanDepot, a digital-first mortgage company, needed a better way to manage and analyze large volumes of loan-related data across multiple systems. With over 10,000 loans processed each month and hundreds of thousands of data points per loan, the team wanted to reduce reporting effort and improve collaboration with business leaders using Workday Adaptive Planning and related Workday tools.

Workday Adaptive Planning helped loanDepot ingest, enrich, and calculate data from loans, servicing, marketing, receivables, payroll, finance, and HR in one place. As a result, loanDepot cut reporting time by more than 50% and streamlined its fair valuation process from 45–50 hours down to 12 hours, while automating processes and supporting more strategic decision-making.

loanDepot