Case Study: How Tasmania’s water authority sped up their budget cycle by 10x

Water is essential to our everyday lives – we cannot live without it. Thankfully in Tasmania, they have TasWater which provides essential water services.

To manage their budget, TasWater relied on a manual spreadsheet-based budgeting process that involved over 50 cost centre managers across the business. The entire process would take a long and arduous 4 – 6 months to finalise.

TasWater needed:

• faster budget cycle completion times
• more accountability from cost centre managers
• a solution that was easy to use

QMetrix worked with TasWater to leverage Adaptive Insights and achieve their goals, leading to their budget cycle being reduced by 10 times.

Describing the results so far, a TasWater team member says, “Adaptive Insights is fast and easy to use. The teams are more engaged in the budgeting process, which is a significant win given the typical challenges organisations face when it comes to having the wider business involved in budgeting.”