Case Study: Hedeselskabet achieves faster, more sustainable planning and consolidation with Workday Adaptive Planning

Green innovation company achieves a more sustainable way to plan

Hedeselskabet, a Danish green innovation and development company, needed a better way to handle complex planning and consolidation across more than 30 business lines in 15 countries. Its finance team was doing monthly and yearly consolidation manually in spreadsheets, pulling data from 10 ERPs, which made reporting slow and error-prone. Workday Adaptive Planning was introduced to simplify this process.

Workday Adaptive Planning helped Hedeselskabet automate key tasks like currency conversion, create a single source of truth for finance data, and make reporting more flexible across internal and external needs. The results included month-end close being completed three days faster, year-end close reduced by more than a week, and faster scenario planning with higher-quality data.

Hedeselskabet