Case Study: TX Group cuts forecasting time from 3 days to 4 hours with Workday Adaptive Planning and AI

TX Group cuts rolling forecasts from 3 days to 4 hours with Workday

TX Group, a major Swiss media group with diverse business units, faced a challenge with a fragmented finance function. Different departments operated with different data and interpretations, making integration and standardization an existential necessity. To address this, they turned to Workday, implementing Workday Financial Management and Workday Adaptive Planning to create a single source of truth.

By implementing Workday's solutions, TX Group standardized its group planning and embraced AI with Workday Adaptive Planning's Predictive Forecaster and Decision Intelligence. The results were transformative: monthly rolling forecast cycles were cut from three days to just four hours with 98.5% accuracy. Furthermore, the team used Workday's AI to build a complete cash flow forecast for 2027 in approximately ten minutes, a task that would have previously taken weeks.

TX Group