Case Study: CORT achieves 80% faster forecasting and cuts budgeting time in half with Workday Adaptive Planning

Retailer cuts budget process in half, improves forecasting by 80%

CORT, a rental furniture and transition services retailer, was struggling with an Excel-based budgeting process that required consolidating spreadsheets from 50 operating districts and took six months to complete. The result was an outdated, hard-to-manage budget with version control issues and limited visibility, prompting CORT to look for a faster, more accurate planning solution from Workday.

Workday implemented Workday Adaptive Planning to streamline budgeting, forecasting, and reporting with a familiar interface and no IT support required. The company cut its budget cycle to less than three months, improved forecasting by 80%, and rolled out the system to more than 400 contributors, creating a single source of truth and enabling efficient monthly forecasting and better financial reporting.

Cort

Deborah Lansford

Chief Financial Officer